NOT LISTED FOR SALE

11345 Del Monte Ave Castroville, CA 95012

Estimated Value: $590,053 - $726,000

4 Beds
2 Baths
1,020 Sq Ft
$647/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $620,000 $608 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,902/month

14 Days on Market

About This Home

As of April 2024

2 lots included in this sale, 1 lot has a duplex and the other lot has potential for another unit. Great investment opportunity. Duplex has 2 bed and 1 bath each unit.

Last Agent to Sell the Property

Jose Morales

Creekside Real Estate License #01835851 Listed on: 03/07/2024

Last Buyer's Agent

Marco A. Lopez

RE/MAX Real Estate Services License #01438751

RE/MAX Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,689

Year Built

  • 1957

Lot Details

  • 10,102 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Total Actual Rent $35,820

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,100
  • Operating Expense $5,787
  • Gross Income $35,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,689

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Living Sq Ft: 1020
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Parking Area

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: North Monterey County Unified

Lot Info

  • Lot Acres: 0.2319
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10100.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.68
  • Number Of Leased: 2

Multi Family

  • Utilities: Available - Not On Site
  • Expense Insurance: 1100
  • Expenses Total: 5787
  • Income Annual Gross: 35820.00
  • Income Annual Rental: 35820
  • Income Gross Scheduled: 35820
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 5, 2024
Sold by
Yanez Justo and Sanchez Yuriria Zuniga
Bought by
Santana Oscar R and Santana Elodia
Seller's Agent
Jose Morales
Creekside Real Estate
Buyer's Agent
Marco A. Lopez
RE/MAX Real Estate Services
List Price
$669,000
Sold Price
$620,000
Premium/Discount to List
-$49,000
-7.32%
Views
54
Current Estimated Value
$659,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,763
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Aug 25, 2017
Sold by
Cooney Patricia L
Bought by
Yanez Justo and Sanchez Yuriria Zuniga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1999
Sold by
Sarmiento Santos and Sarmiento Rosa C
Bought by
Sarmiento Santos H and Sarmiento Rosa C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Santana Oscar R $620,000 First American Title
Yanez Justo $385,000 Old Republic Title Company
Sarmiento Santos H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yanez Justo $364,000
Previous Owner Yanez Justo $378,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $620,000 -7.3% $608 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $669,000 -- $656 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,689 $530,400 $204,000 $326,400
2024 $3,689 $520,000 $200,000 $320,000
2023 $3,623 $311,686 $164,045 $147,641
2022 $3,598 $305,576 $160,829 $144,747
2021 $3,466 $299,585 $157,676 $141,909
2020 $3,399 $296,514 $156,060 $140,454
2019 $3,321 $290,700 $153,000 $137,700
2018 $3,265 $285,000 $150,000 $135,000
2017 $397 $25,625 $6,098 $19,527
2016 $408 $25,124 $5,979 $19,145
2015 $396 $24,748 $5,890 $18,858
2014 $393 $24,264 $5,775 $18,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956814

MLSListings

APN: 030-211-011-000