NOT LISTED FOR SALE

1261 1st St Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $886,000 - $951,915

3 Beds
1 Bath
984 Sq Ft
$941/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2016

Last sale price $450,000 $457 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,760 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Detached Garage
  • La Mesa Elementary School Rated A-
  • Formal Dining Room
  • Floor Furnace

About This Home

As of August 2016

1931 Monterey Beach Cottage just 1 block to Del Monte Beach. 3 bedrooms, 1 bath and 980 sq. ft. This is a fixer being sold "as is"

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 07/13/2016

Coldwell Banker Realty

Co-Listed By

Jon Hitchcock

Coldwell Banker Realty License #01149391

Last Buyer's Agent

Annette Boggs

Sotheby’s International Realty License #01317801

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 2,919 Sq Ft Lot

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Electric Oven

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • 2 Carport Spaces

Utilities

  • Floor Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 001-824-016-000

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

2,919 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 984
  • Year Built: 1931
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 984
  • Stories: 1
  • Laundry: Hookup - Electric
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, Detached Garage
  • Carport Min: 2

Utilities

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

Lot Info

  • Parcel Number: 001-824-016-000
  • Lot Acres: 0.0670
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2909.81
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2909.81

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified

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
Jun 13, 2023
Sold by
Bought by
Current Estimated Value
$926,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$482,286
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$443,943

Purchase Details

Closed on
Jun 25, 2021
Sold by
Bought by

Purchase Details

Listed on
Jul 13, 2016
Closed on
Jul 29, 2016
Sold by
Bought by
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Annette Boggs
Sotheby’s International Realty
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Mar 16, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2000
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
-- Chicago Title
$700,000 Old Republic Title Company
$450,000 First American Title Company
-- None Available
-- None Available
-- Old Republic Title Company
-- --
-- --
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 $500,000
Previous Owner $300,000
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
08/02/2016 08/02/16 Sold $450,000 -9.1% $457 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
07/13/2016 07/13/16 Price Changed $495,000 +16.5% $503 / Sq Ft
07/13/2016 07/13/16 For Sale $425,000 -- $432 / 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 $9,079 $778,509 $611,573 $166,936
2024 $8,392 $763,245 $599,582 $163,663
2023 $7,977 $748,280 $587,826 $160,454
2022 $7,867 $714,000 $576,300 $137,700
2021 $5,963 $700,000 $565,000 $135,000
2020 $5,738 $530,604 $397,953 $132,651
2019 $6,020 $520,200 $390,150 $130,050
2018 $5,781 $510,000 $382,500 $127,500
2017 $5,341 $500,000 $375,000 $125,000
2016 $5,013 $468,034 $273,015 $195,019
2015 -- $461,005 $268,915 $192,090
2014 $4,856 $451,976 $263,648 $188,328
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2016

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    3 in this area

    333 Total Sales

    Tim Allen
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jon Hitchcock

    Coldwell Banker Realty

    Section Image

  • A

    Buyer's Agent in 2016

    Annette Boggs

    Sotheby’s International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81595029

MLSListings

APN: 001-824-016-000

California Monterey County Monterey 93940 East Monterey

1261 1st St, Monterey, CA

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