NOT LISTED FOR SALE
6 Beds
3 Baths
2,646 Sq Ft
7,754 Sq Ft Lot

Sale Details

Date Sold: November 6, 2015

Last sale price $785,000 $297 Per Sq Ft

174 Days on Market

About This Home

As of November 2015

Attention Investors! Great Monterey location! Tri-plex with 3 two bedroom 1 bath units, high ceilings, one with fireplace, all good floor plans and each with private patio or deck. Each have separate carport / off street parking. Good tenants, all occupied.

Last Agent to Sell the Property

Becky Jones

Shankle Real Estate License #01250885 Listed on: 04/02/2015

Shankle Real Estate

Last Buyer's Agent

Mario Torrente

Shankle Real Estate License #00515075

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 7,754 Sq Ft Lot

Parking

  • 3 Carport Spaces

Home Design

  • Triplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Gas Oven

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $48,240

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $720
  • Maintenance Expense $2,000
  • Manager Expense $4,824
  • Operating Expense $8,512
  • Gross Income $48,240

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

7,754 Sq Ft Lot

Listing Details

  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2646
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Oven - Gas
  • Living Sq Ft: 2646
  • Stories: 2
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1780
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7761.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7761.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.07
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Landscape: 720
  • Expense Maintenance: 2000
  • Expense Management: 4824
  • Expenses Total: 8512
  • Income Annual Gross: 48240.00
  • Income Annual Rental: 48240
  • Income Gross Scheduled: 48240
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
11/06/2015 11/06/15 Sold $785,000 -14.7% $297 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $920,000 -- $348 / 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 $12,048 $1,102,956 $584,932 $518,024
2024 $12,048 $1,081,330 $573,463 $507,867
2023 $11,658 $1,060,128 $562,219 $497,909
2022 $11,499 $1,039,343 $551,196 $488,147
2021 $11,333 $1,018,965 $540,389 $478,576
2020 $10,907 $1,008,517 $534,848 $473,669
2019 $11,443 $988,743 $524,361 $464,382
2018 $10,988 $969,357 $514,080 $455,277
2017 $8,608 $800,700 $408,000 $392,700
2016 $8,456 $785,000 $400,000 $385,000
2015 $981 $74,675 $26,979 $47,696
2014 $968 $73,213 $26,451 $46,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81458016

MLSListings

APN: 001-881-008

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