NOT LISTED FOR SALE

1261 Fourth St Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $1,092,000 - $1,265,000

4 Beds
2 Baths
1,599 Sq Ft
$741/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $893,454 $559 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,877/month

5 Days on Market

Highlights

  • Skyline View
  • Deck
  • Main Floor Bedroom
  • La Mesa Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of September 2020

Exquisite beach bungalow, short walk to the beach, the Monterey Wharf and the Navy Post Graduate School. Great location! With a manicured succulent garden, this tastefully remodeled oak grove home offers 4 bedrooms and two bath, filled with a lot of natural light through the skylights. The master bedroom is located upstairs with it's own private deck.

Last Agent to Sell the Property

Alessia Ucelli

Monterey Coast Realty License #01896783 Listed on: 07/02/2020

Monterey Coast Realty

Last Buyer's Agent

Regina Shaw

Intero Real Estate Services License #01428652

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • 1924

Lot Details

  • 3,999 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Mostly Level
  • Drought Tolerant Landscaping

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Skyline
  • Mountain
  • Neighborhood

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 1,599 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Double Pane Windows
  • Garden Windows
  • Workshop
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights
  • Solar owned by a third party

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Space Heater
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts
  • Water Filtration System
  • Sewer Connection Less Than 500 Feet Away

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

3,999 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Style: Unknown
  • Listing Class: Residential
  • Structure Sq Ft: 1599
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Dining Room: Skylight
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Hood Over Range, Hookups - Gas, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Refrigerator, Skylight
  • Living Sq Ft: 1599
  • Stories: 2
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Gas Hookup, Inside, Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Basement - Unfinished, Laundry Room, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight, Tile

Exterior Features

  • Foundation: Concrete Grid, Crawl Space, Post And Pier
  • Roof: Composition
  • View: Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Drought Tolerant Plants, Fenced, Storage Shed / Structure
  • Fencing: Complete Perimeter, Gate, Wood
  • Property Faces: South
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Space Heater
  • Sewer/Septic System: Sewer - Public, Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Skylight

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00
  • Soil: Fill Land

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Lighting, Skylight, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 30, 2020
Sold by
Myers Nikolai D and Milling Benedikte
Bought by
Jones Derrick and Iversen Elysha
Seller's Agent
Alessia Ucelli
Monterey Coast Realty
Buyer's Agent
Regina Shaw
Intero Real Estate Services
List Price
$895,000
Sold Price
$893,454
Premium/Discount to List
-$1,546
-0.17%
Current Estimated Value
$1,184,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,193
Avg. Annual Appreciation
5.22%
Original Mortgage
$845,000
Outstanding Balance
$751,259
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$433,388

Purchase Details

Closed on
Nov 6, 1995
Sold by
Myers Nikolai D and Milling Benedikte
Bought by
Myers Nikolai D and Milling Benedikte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Derrick $893,500 Chicago Title Company
Myers Nikolai D -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Derrick $845,000
Previous Owner Myers Nikolai D $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $893,454 -0.2% $559 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $895,000 -- $560 / Sq Ft
Source: MLSListings

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
2025 $8,554 $967,101 $595,337 $371,764
2024 $8,554 $948,139 $583,664 $364,475
2023 $8,396 $929,549 $572,220 $357,329
2022 $8,367 $911,323 $561,000 $350,323
2021 $8,240 $893,454 $550,000 $343,454
2020 $4,955 $465,237 $226,368 $238,869
2019 $5,196 $456,116 $221,930 $234,186
2018 $4,989 $447,174 $217,579 $229,595
2017 $4,620 $438,407 $213,313 $225,094
2016 $4,537 $429,812 $209,131 $220,681
2015 $4,471 $423,357 $205,990 $217,367
2014 $4,393 $415,065 $201,955 $213,110
Source: Public Records

Agents Affiliated with this Home

  • Alessia Ucelli

    Seller's Agent in 2020

    Alessia Ucelli

    Monterey Coast Realty

    (831) 521-7099

    1 in this area

    26 Total Sales

    Alessia Ucelli
    Section Image

  • R

    Buyer's Agent in 2020

    Regina Shaw

    Intero Real Estate Services

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81799311

MLSListings

APN: 001-834-019-000

California Monterey County Monterey 93940 East Monterey

1261 Fourth St, Monterey, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.