NOT LISTED FOR SALE

1281 3rd St Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $959,596 - $1,193,000

2 Beds
2 Baths
1,222 Sq Ft
$890/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $727,000 $595 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,001/month

64 Days on Market

Highlights

  • Deck
  • Hydromassage or Jetted Bathtub
  • Skylights in Kitchen
  • La Mesa Elementary School Rated A-
  • Den
  • Eat-In Kitchen

About This Home

As of October 2019

Delightful beach bungalow just blocks to the Ocean! Conveniently located close to the Wharf, Downtown Monterey & Naval Postgraduate School! 2/2 main house with large eat in kitchen for entertaining , gas range with microwave, breakfast bar, separate living room with fireplace, master bedroom with en suite, newer carpet and paint inside, new paint outside, off street parking, entirely fenced back yard and indoor laundry. PLUS a detached artist studio not included in square footage! Let you imagination go in this special bonus room! Sq footage taken from County records. Buyer to satisfy themselves.

Last Agent to Sell the Property

Susan Cardinale

Coldwell Banker Realty License #02045240 Listed on: 07/16/2019

Coldwell Banker Realty

Last Buyer's Agent

Lisa A. Garcia

Sunrise Realty License #01419093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,566

Year Built

  • Built in 1956

Lot Details

  • Property is Fully Fenced
  • Wood Fence
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Den
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Shed

Additional Homes

  • 196 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-833-014-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,566

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 63
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 196
  • Structure Sq Ft: 1222
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area, Dining Bar, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Gas, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 1222
  • Stories: 1
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished, Laundry Room, Office Area, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Stall Shower, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Drought Tolerant Plants, Fenced, Low Maintenance, Storage Shed / Structure
  • Fencing: Complete Perimeter, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 001-833-014-000
  • 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: Unknown

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Art Studio

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2025
Sold by
Espinoza Aurelia
Bought by
Rafael Salcedo And Aurelia Espinoza Revocable and Salcedo
Current Estimated Value
$1,148,354

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 12, 2019
Sold by
Salcedo Rafael
Bought by
Espinoza Aurella
Seller's Agent
Susan Cardinale
Coldwell Banker Realty
Buyer's Agent
Lisa A. Garcia
Sunrise Realty
List Price
$845,000
Sold Price
$727,000
Premium/Discount to List
-$118,000
-13.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$377,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 10, 2019
Sold by
Lee Martin Jr Allen S and Lee Martin Patricia
Bought by
Espinoza Aurelia
Seller's Agent
Susan Cardinale
Coldwell Banker Realty
Buyer's Agent
Lisa A. Garcia
Sunrise Realty
List Price
$845,000
Sold Price
$727,000
Premium/Discount to List
-$118,000
-13.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2017
Sold by
Martin Allen S
Bought by
Lee Martin Jr Allen S and Lee Martin Patricia

Purchase Details

Closed on
Apr 28, 2017
Sold by
St Clair Marilyn L
Bought by
St Clair Marilyn L and St Clair Garry L

Purchase Details

Closed on
Apr 6, 2016
Sold by
St Clair Marilyn L and Martin Allen S
Bought by
St Clair Marilyn L and Martin Allen S

Purchase Details

Closed on
Aug 18, 2004
Sold by
Martin Constance A and The Martin Family Trust
Bought by
Martin Constance A and The Martin Family Trust
Source: Public Records

Range of Values:

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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
Rafael Salcedo And Aurelia Espinoza Revocable -- None Listed On Document
Espinoza Aurella -- Old Republic Title Company
Espinoza Aurelia $727,000 Old Republic Title Company
Lee Martin Jr Allen S -- None Available
St Clair Marilyn L -- None Available
St Clair Marilyn L -- None Available
Martin Constance A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinoza Aurelia $385,000
Previous Owner Espinoza Aurelia $377,000
Previous Owner Martin Constance A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $727,000 -9.1% $595 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $799,999 -3.6% $655 / Sq Ft
08/08/2019 08/08/19 Price Changed $829,999 -1.8% $679 / Sq Ft
07/16/2019 07/16/19 For Sale $845,000 -- $691 / 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
2025 $8,566 $795,076 $601,503 $193,573
2024 $8,566 $779,487 $589,709 $189,778
2023 $8,366 $764,204 $578,147 $186,057
2022 $8,251 $749,220 $566,811 $182,409
2021 $8,132 $734,531 $555,698 $178,833
2020 $7,825 $727,000 $550,000 $177,000
2019 $1,076 $85,489 $35,037 $50,452
2018 $1,038 $83,813 $34,350 $49,463
2017 $968 $82,171 $33,677 $48,494
2016 $951 $80,561 $33,017 $47,544
2015 -- $79,352 $32,522 $46,830
2014 $924 $77,798 $31,885 $45,913
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Susan Cardinale

    Coldwell Banker Realty

    Section Image

  • L

    Buyer's Agent in 2019

    Lisa A. Garcia

    Sunrise Realty

    (831) 722-5600

    2 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81760682

MLSListings

APN: 001-833-014-000

California Monterey County Monterey 93940 East Monterey

1281 3rd St, Monterey, CA

This home is located at 1281 3rd St, Monterey, CA 93940 since 16 July 2019 and is currently estimated at $1,087,399, approximately $889 per square foot. This property was built in 1956. 1281 3rd St is a home located in Monterey County with nearby schools including La Mesa Elementary School, Monte Vista Elementary School, and Monterey High School.

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