G
Seller's Agent in 2024
Geary Engles
First City Real Estate, Inc.
(831) 656-1214
1 in this area
7 Total Sales
1221 5th St Monterey, CA 93940
East Monterey Neighborhood
5
Beds
5
Baths
2,145
Sq Ft
5,990
Sq Ft Lot
Highlights
- 3 Car Attached Garage
- Tile Flooring
- Forced Air Heating System
- La Mesa Elementary School Rated A-
About This Home
As of August 2024Great investment opportunity to own a a tri-plex in a highly desirable rental area. Blessed with a great location that is close to NPS and downtown vacancies do not last long. Each unit has it's own garage. All apartments have washer dryer hookups and are on separate water meters. This property has been maintained well and will provide steady income.
Last Agent to Sell the Property
First City Real Estate, Inc. License #00874135 Listed on: 06/14/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1965
Lot Details
- 5,990
Parking
- 3 Car Attached Garage
Home Design
- 2,145 Sq Ft Home
- Triplex
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
- Tile
- Slate Flooring
- Vinyl
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Additional Features
- Washer and Dryer Hookup
- 5,990 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $89,760
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $1,500
- Insurance Expense $2,400
- Maintenance Expense $590
- Manager Expense $5,435
- Other Expense $440
- Utility Expense $1,896
- Operating Expense $25,796
- Gross Income $88,862
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $1,500,000 | -11.5% | $699 / Sq Ft |
| 07/02/2024 07/02/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | For Sale | $1,695,000 | -- | $790 / 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 |
|---|---|---|---|---|
| 2025 | $13,944 | $1,500,000 | $1,000,000 | $500,000 |
| 2024 | $13,944 | $1,260,127 | $803,909 | $456,218 |
| 2023 | $13,535 | $1,235,420 | $788,147 | $447,273 |
| 2022 | $13,350 | $1,211,197 | $772,694 | $438,503 |
| 2021 | $13,157 | $1,187,449 | $757,544 | $429,905 |
| 2020 | $12,661 | $1,175,274 | $749,777 | $425,497 |
| 2019 | $12,694 | $1,100,000 | $550,000 | $550,000 |
| 2018 | $11,870 | $1,050,000 | $500,000 | $550,000 |
| 2017 | $9,794 | $915,000 | $400,000 | $515,000 |
| 2016 | $8,757 | $815,000 | $400,000 | $415,000 |
| 2015 | $8,078 | $750,000 | $350,000 | $400,000 |
| 2014 | $8,095 | $750,000 | $350,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Geary Engles
-
Michael Singh
Buyer's Agent in 2024
Michael Singh
Singh Real Estate
(831) 261-1801
1 in this area
39 Total Sales
Map
Source: MLSListings
MLS Number: ML81969647
APN: 001-839-013
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