NOT LISTED FOR SALE
7 Beds
4 Baths
3,570 Sq Ft
7,200 Sq Ft Lot

Sale Details

Date Sold: July 19, 2022

Last sale price $1,965,000 $550 Per Sq Ft

17 Days on Market

Highlights

  • Traditional Architecture
  • Washer and Dryer
  • 1-Story Property
  • Forced Air Heating System
  • Fenced

About This Home

As of July 2022

You can't beat this location. Close to everything. Walk downtown, wharf, bike/walk trail, restaurants & shopping. Tenant demand for a property in this location is very strong. Close to MIIS, DLI & NPS. This 4 unit complex has street to street access. Lot size larger than most in the area. Unit #1 is a 3 bed 1 bath, Unit #2 & #3 are both 2 bed 1 bath & Unit #4 is a studio. Unit #1 & #2 share a grass area. Unit #3 & #4 also share a gated/fenced grass area. All the units are clean & well maintained. Unit #1 is a classic Monterey home with interior laundry. Granite counters in kitchen & bathroom. Unit #2, has natural light & views from the deck, shares laundry facilities in garage with #4. Unit #3, has tons of natural light, views from deck. Private laundry room in garage. Photos are units 2 & 3. Sq.ft/lot size/age/schools not verified by listing agent.

Last Agent to Sell the Property

Susan Lubin-Brownlie

Coldwell Banker/Gay Dales License #01069736 Listed on: 04/04/2022

Coldwell Banker/Gay Dales

Last Buyer's Agent

User The C Group

Better Homes And Gardens Real Estate By The Sea License #70010221

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1932

Lot Details

  • 7,200 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,570 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Parking

  • 3 Carport Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $110,400

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $2,051
  • Insurance Expense $5,030
  • Maintenance Expense $3,457
  • Manager Expense $7,887
  • Other Expense $3,537
  • Utility Expense $836
  • Trash Expense $836
  • Operating Expense $27,256
  • Gross Income $110,400

Property Details

Home Type

Multi-Family

Year Built

1932

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Zoning: R3-6, MDR
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3570
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Living Sq Ft: 3570
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Yard/Grounds: Fenced

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 3

Utilities

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

Lot Info

  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.21
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 5030
  • Expense Landscape: 2051
  • Expense Maintenance: 3457
  • Expense Management: 7887
  • Expenses Other: 3537
  • Expenses Total: 27256
  • Expenses Utility: 836
  • Expense Trash: 836
  • Income Annual Gross: 110400.00
  • Income Annual Rental: 110400
  • Income Gross Scheduled: 110400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Water

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

Listed on
Apr 4, 2022
Closed on
Jul 13, 2022
Sold by
Bought by
Seller's Agent
Susan Lubin-Brownlie
Coldwell Banker/Gay Dales
Buyer's Agent
User The C Group
Better Homes And Gardens Real Estate By The Sea
List Price
$1,900,000
Sold Price
$1,965,000
Premium/Discount to List
$65,000
3.42%

Purchase Details

Closed on
Sep 4, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,965,000 Chicago Title
-- --
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
Previous Owner $100,000
Previous Owner $31,000
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
07/19/2022 07/19/22 Sold $1,965,000 +3.4% $550 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,900,000 -- $532 / 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
2026 $23,876 $2,085,273 $742,845 $1,342,428
2025 $22,049 $2,044,386 $728,280 $1,316,106
2024 $22,049 $2,004,300 $714,000 $1,290,300
2023 $21,448 $1,965,000 $700,000 $1,265,000
2022 $4,272 $1,965,000 $700,000 $1,265,000
2021 $3,622 $365,928 $31,599 $334,329
2020 $3,490 $308,730 $31,275 $277,455
2019 $3,651 $302,677 $30,662 $272,015
2018 $4,770 $296,743 $30,061 $266,682
2017 $4,166 $290,925 $29,472 $261,453
2016 $3,210 $285,222 $28,895 $256,327
2015 $3,166 $280,938 $28,461 $252,477
2014 $3,115 $275,436 $27,904 $247,532
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81885347

MLSListings

APN: 001-374-008

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