$342,500
SOLD JAN 20, 2017

1525 Luxton St Seaside, CA 93955

2 Beds
1 Bath
735 Sq Ft
2,788 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

10% Below List Price

255 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan
  • Balcony
  • Walk-in Shower
  • Wood Fence

About This Home

As of August 2017

Great starter or investment property on the Monterey Peninsula. This cozy 2bed/1bath features a free-standing wood stove, hardwood and tile flooring, custom tile stall shower, attached carport, fenced back yard and more! The virtually maintenance free front yard features a tiled courtyard and covered porch. Ideally located on a quaint one-way street just minutes to CSUMB, the beach and world class destinations like Carmel-By-The-Sea and Pebble Beach.

Last Agent to Sell the Property

William Smith

Coldwell Banker Realty License #01064866 Listed on: 04/09/2016

Coldwell Banker Realty

Last Buyer's Agent

Pete Ruiz

KW Coastal Estates License #01974535

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1940

Lot Details

  • 2,788 Sq Ft Lot
  • Wood Fence
  • Back Yard

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 012-203-022-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,989

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 76
  • Listing Class: Residential
  • Structure Sq Ft: 735
  • Incorporated: Yes
  • Year Built: 1940
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Dishwasher, Oven Range - Built-In, Gas
  • Living Sq Ft: 735
  • Stories: 1
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Wood

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, No Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 012-203-022-000
  • Lot Acres: 0.0640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2800.91
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2800.91

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Penniman Ian S and Pirot Bailee
Bought by
Pirot Bailee and Penniman Ian S
Current Estimated Value
$662,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$227,182
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$429,309

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 10, 2017
Sold by
Madden Dwain J and Dwain J Madden Trust
Bought by
Penniman Ian S and Pirot Bailee
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Alexander Heisinger
Coldwell Banker Realty
List Price
$419,000
Sold Price
$420,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$412,392
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jan 17, 2017
Sold by
Reams William A and Reams Lorelei
Bought by
Madden Dwain J and Dwain J Madden Trust
Seller's Agent
William Smith
Coldwell Banker Realty
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$380,000
Sold Price
$342,500
Premium/Discount to List
-$37,500
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.03%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $420,000 Chicago Title Company
Grant Deed $342,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Commercial
Open $391,700 New Conventional
Closed $250,000 Commercial
Closed $412,392 FHA
Previous Owner $253,650 New Conventional
Previous Owner $267,000 Unknown
Previous Owner $209,400 Fannie Mae Freddie Mac
Previous Owner $150,000 Unknown
Previous Owner $108,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $420,000 +0.2% $571 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $419,000 0.0% $570 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $419,000 -1.4% $570 / Sq Ft
04/21/2017 04/21/17 Price Changed $425,000 -4.5% $578 / Sq Ft
04/19/2017 04/19/17 Price Changed $445,000 -2.2% $605 / Sq Ft
03/27/2017 03/27/17 Price Changed $455,000 -2.2% $619 / Sq Ft
03/17/2017 03/17/17 For Sale $465,000 +35.8% $633 / Sq Ft
01/20/2017 01/20/17 Sold $342,500 -9.9% $466 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $380,000 -- $517 / 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 $4,989 $477,883 $352,725 $125,158
2024 $4,989 $468,513 $345,809 $122,704
2023 $4,975 $459,328 $339,029 $120,299
2022 $5,244 $450,323 $332,382 $117,941
2021 $4,833 $441,494 $325,865 $115,629
2020 $4,650 $436,968 $322,524 $114,444
2019 $4,876 $428,400 $316,200 $112,200
2018 $4,681 $420,000 $310,000 $110,000
2017 $1,355 $121,104 $42,049 $79,055
2016 $1,332 $118,730 $41,225 $77,505
2015 $1,313 $116,947 $40,606 $76,341
2014 $1,292 $114,657 $39,811 $74,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81630940

MLSListings

APN: 012-203-022-000