NOT LISTED FOR SALE

1184 Hamilton Ave Seaside, CA 93955

Seaside Area

Estimated Value: $731,000 - $933,000

4 Beds
2 Baths
1,728 Sq Ft
$482/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2016

Last sale price $480,000 $278 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,114 / mo

5 Days on Market

Highlights

  • Modern Architecture
  • Storage Room
  • Carpet
  • High Ceiling
  • Level Lot
  • Back Yard

About This Home

As of May 2016

Great duplex unit located centrally in Seaside. The duplex has two units, both have two beds and one bath with attached three-car garages and a fenced yard and good parking. A fantastic compound.

Last Agent to Sell the Property

John Hankard

Sotheby’s International Realty License #01733114 Listed on: 03/15/2016

Sotheby’s International Realty

Last Buyer's Agent

Hui Wang

Shen's Management & Sales Inc License #01849118

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1986

Lot Details

  • 7,492 Sq Ft Lot
  • Level Lot
  • Back Yard

Parking

  • 3 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Duplex
  • Modern Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Storage Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $33,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,450
  • Maintenance Expense $300
  • Utility Expense $375
  • Operating Expense $6,925
  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Year Built

1986

Lot Details

7,492 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Style: Modern / High Tech, Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1728
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Living Sq Ft: 1728
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.00
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1450
  • Expense Maintenance: 300
  • Expenses Total: 6925
  • Expenses Utility: 375
  • Income Annual Gross: 33000.00
  • Income Annual Rental: 33000
  • Income Gross Scheduled: 33000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Sewer
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Apr 13, 2016
Sold by
Ram Prasad Richard S and Ram Kali
Bought by
Seller's Agent
John Hankard
Sotheby’s International Realty
Buyer's Agent
Hui Wang
Shen's Management & Sales Inc
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Current Estimated Value
$832,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,704
Avg. Annual Appreciation
5.49%
Original Mortgage
$230,000
Outstanding Balance
$178,395
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$654,309

Purchase Details

Closed on
Dec 17, 2003
Sold by
Prasad Richard S and Prasad Ram
Bought by
Prasad Richard S and Prasad Ram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2000
Sold by
Lima Joseph P
Bought by
Ram Prasad Richard and Ram Kali

Purchase Details

Closed on
Nov 7, 1996
Sold by
Vannguyen Tung Van
Bought by
Ram Prasad Richard S and Ram Kali
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Seaside, CA

  • Jorge Edeza Real Estate Agent - Remax Property Experts

    Jorge Edeza

    Remax Property Experts

    (831) 273-8618

    106 Total Sales

    1 in Seaside

    $739,900 Price

    Jorge Edeza
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  • Lynn Shaffer Real Estate Agent - LUX Real Estate

    Lynn Shaffer

    LUX Real Estate

    (831) 265-0590

    27 Total Sales

    1 in Seaside

    $825,000 Price

    Lynn Shaffer
     Section Image
  • Lawrence Hernandez Real Estate Agent - Cypress Coast Investments

    Lawrence Hernandez

    Cypress Coast Investments

    (831) 273-9672

    44 Total Sales

    2 in Seaside

    $735K - $782K Price Range

    Lawrence Hernandez
     Section Image
  • Joe Gallagher Real Estate Agent - Sotheby’s International Realty

    Joe Gallagher

    Sotheby’s International Realty

    (831) 250-1666

    32 Total Sales

    4 in Seaside

    $227K - $970K Price Range

    Joe Gallagher
     Section Image
  • Tom Duggan IV Real Estate Agent - Realty One Group Infinity

    Tom Duggan IV

    Realty One Group Infinity

    (831) 220-3471

    12 Total Sales

    8 in Seaside

    $260K - $889K Price Range

    Tom Duggan IV
     Section Image
  • Dani M. Wilcox Real Estate Agent - KW Coastal Estates

    Dani M. Wilcox

    KW Coastal Estates

    (831) 273-6963

    54 Total Sales

    2 in Seaside

    $635K - $679K Price Range

    Dani M. Wilcox
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 Old Republic Title Company
Prasad Richard S -- Alliance Title Company
Ram Prasad Richard $58,000 Old Republic Title Company
Ram Prasad Richard S -- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $230,000
Previous Owner Prasad Richard S $486,500
Previous Owner Prasad Richard S $235,000
Previous Owner Prasad Richard S $232,000
Previous Owner Prasad Richard S $225,000
Previous Owner Prasad Richard S $220,000
Previous Owner Prasad Richard S $176,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $480,000 -3.0% $278 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $495,000 -- $286 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,498 $579,579 $301,865 $277,714
2025 $6,021 $568,216 $295,947 $272,269
2024 $6,021 $557,076 $290,145 $266,931
2023 $6,052 $546,154 $284,456 $261,698
2022 $5,970 $535,446 $278,879 $256,567
2021 $5,884 $524,948 $273,411 $251,537
2020 $5,665 $519,566 $270,608 $248,958
2019 $5,940 $509,379 $265,302 $244,077
2018 $5,706 $499,392 $260,100 $239,292
2017 $5,290 $489,600 $255,000 $234,600
2016 $2,730 $245,564 $99,738 $145,826
2015 $2,692 $241,876 $98,240 $143,636
2014 $2,648 $237,139 $96,316 $140,823
Source: Public Records

Agents Affiliated with this Home

  • JH

    Seller's Agent in 2016

    John Hankard

    Sotheby’s International Realty

    Section Image

  • HW

    Buyer's Agent in 2016

    Hui Wang

    Shen's Management & Sales Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81565410

MLSListings

APN: 012-266-044-000

California Monterey County Seaside 93955

1184 Hamilton Ave, Seaside, CA

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