NOT LISTED FOR SALE

1252 5th St Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $974,000 - $1,287,000

4 Beds
2 Baths
1,550 Sq Ft
$717/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2015

Last sale price $620,000 $400 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,677 / mo

94 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 1-Story Property
  • La Mesa Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of January 2015

Super clean Oak Grove neighborhood duplex with two 2 bedroom, 1 bath units, each with great rental history. Each unit features an modern open kitchen design with built in appliances, in unit laundry, off street parking with a carport and are walking distance to the NPS, Downtown and the beach

Last Agent to Sell the Property

Monterey Peninsula Home Team

Coldwell Banker Realty License #70000352 Listed on: 08/08/2014

Coldwell Banker Realty

Last Buyer's Agent

Judy Midgley

Sotheby’s International Realty License #00645017

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $28,680
  • The owner pays for garbage, services - gardener/landscaping

Community Details

Overview

  • 1,550 Sq Ft Building

Building Details

  • Gardener Expense $840
  • Insurance Expense $702
  • Maintenance Expense $1,260
  • Manager Expense $1,515
  • Trash Expense $428
  • Operating Expense $7,751
  • Gross Income $28,680

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 1550
  • Stories: 1
  • Laundry: 220 Volt Outlet, Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4000.00
  • Lot Size Area Min Search: 4000.00
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 21.79

Multi Family

  • Expense Insurance: 702
  • Expense Landscape: 840
  • Expense Maintenance: 1260
  • Expense Management: 1515
  • Expenses Total: 7751
  • Expense Trash: 428
  • Expense Water Sewer: 518
  • Income Annual Gross: 28680.00
  • Income Annual Rental: 28680
  • Income Gross Scheduled: 28680
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Fee - Property Management, Fee - Property Tax, Services - Sewer, Supplies, Miscellaneous/Other
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric

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

Closed on
Apr 12, 2016
Sold by
Bought by
Current Estimated Value
$1,110,541

Purchase Details

Listed on
Aug 8, 2014
Closed on
Dec 16, 2014
Sold by
Bought by
Seller's Agent
Monterey Peninsula Home Team
Coldwell Banker Realty
Buyer's Agent
Judy Midgley
Sotheby’s International Realty
List Price
$645,000
Sold Price
$620,000
Premium/Discount to List
-$25,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$465,000
Interest Rate
0.0396%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 6, 2006
Sold by
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Available
$620,000 Chicago Title
-- None Available
-- None Available
-- None Available
-- None Available
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
Closed $412,400
Closed $465,000
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
01/06/2015 01/06/15 Sold $620,000 -3.9% $400 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $645,000 -- $416 / 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 $8,135 $745,140 $480,737 $264,403
2024 $8,135 $730,530 $471,311 $259,219
2023 $7,874 $716,207 $462,070 $254,137
2022 $7,766 $702,164 $453,010 $249,154
2021 $7,654 $688,397 $444,128 $244,269
2020 $7,367 $681,340 $439,575 $241,765
2019 $7,729 $667,981 $430,956 $237,025
2018 $7,422 $654,884 $422,506 $232,378
2017 $6,876 $642,044 $414,222 $227,822
2016 $6,754 $629,455 $406,100 $223,355
2015 -- $233,216 $101,395 $131,821
2014 $2,543 $228,648 $99,409 $129,239
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Monterey Peninsula Home Team

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2015

    Judy Midgley

    Sotheby’s International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81428933

MLSListings

APN: 001-843-014-000

California Monterey County Monterey 93940 East Monterey

1252 5th St, Monterey, CA

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