NOT LISTED FOR SALE

1234 Circle Ave Seaside, CA 93955

Estimated Value: $788,000 - $924,000

4 Beds
2 Baths
1,706 Sq Ft
$503/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $750,000 $440 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,467/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Tandem Parking
  • 1-Story Property

About This Home

As of September 2021

2 houses on one lot with separate meters and Bay Views. Front house needs work, back house needs TLC but great tenants, just not handy.

Last Agent to Sell the Property

Dean Provence

Shankle Real Estate License #00833476 Listed on: 08/03/2021

Shankle Real Estate

Last Buyer's Agent

Jeannie Ferrara

Shankle Real Estate License #01464647

Shankle Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,410

Year Built

  • 1950

Lot Details

  • 7,401 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Tandem Parking

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Gas Oven
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

  • 1,706 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Other Expense $1,200
  • Trash Expense $1,200
  • Operating Expense $11,600
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,410

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1706
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1706
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Tandem Parking, Workshop In Garage

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1699
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7400.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.88
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Other: 1200
  • Expenses Total: 11600
  • Expense Trash: 1200
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Loan - Mortgage, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 22, 2021
Sold by
Peterson Nels Stanley and Peterson Linda Mcbride
Bought by
Garcia Sylvia Monroy
Seller's Agent
Dean Provence
Shankle Real Estate
Buyer's Agent
Jeannie Ferrara
Shankle Real Estate
List Price
$750,000
Sold Price
$750,000
Total Days on Market
4
Current Estimated Value
$858,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,686
Avg. Annual Appreciation
4.47%
Original Mortgage
$562,500
Outstanding Balance
$520,676
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$362,835

Purchase Details

Closed on
Jul 29, 2019
Sold by
Peterson Nels Stanley
Bought by
Peterson Nels Stanley and Peterson Linda Mcbride Loomis

Purchase Details

Closed on
Mar 6, 2003
Sold by
Peterson Linda M Loomis
Bought by
Peterson Nels Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%
Mortgage Type
Unknown
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
Garcia Sylvia Monroy $750,000 Chicago Title Company
Peterson Nels Stanley -- None Available
Peterson Nels Stanley -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Sylvia Monroy $562,500
Previous Owner Peterson Nels Stanley $208,775
Previous Owner Peterson Nels Stanley $168,477
Previous Owner Peterson Nels Stanley $200,000
Previous Owner Peterson Nels Stanley $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $750,000 -7.4% $440 / Sq Ft
08/10/2021 08/10/21 Price Changed $810,000 +8.0% $475 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $750,000 -- $440 / 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
2024 $8,410 $780,300 $416,160 $364,140
2023 $8,392 $765,000 $408,000 $357,000
2022 $8,276 $750,000 $400,000 $350,000
2021 $3,011 $750,000 $400,000 $350,000
2020 $2,900 $261,552 $103,033 $158,519
2019 $3,037 $256,424 $101,013 $155,411
2018 $2,920 $251,397 $99,033 $152,364
2017 $2,710 $246,469 $97,092 $149,377
2016 $2,663 $241,638 $95,189 $146,449
2015 $2,626 $238,010 $93,760 $144,250
2014 $2,583 $233,349 $91,924 $141,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81856604

MLSListings

APN: 011-024-004-000