NOT LISTED FOR SALE

325 Watson St Monterey, CA 93940

Old Town Neighborhood
6 Beds
-- Bath
2,300 Sq Ft
1918 Built

Last Sold November 21, 2012

Last sale price $760,000 $330 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Balcony
  • Carpet
  • Monterey High School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of November 2012

Great investment opportunity. Front house is a two bedroom, one bathroom with large laundry room, rear deck and extra storage. Each unit in the duplex is a two bedroom and one bathroom. Each unit has large oversized one car garage.

Last Agent to Sell the Property

Steve Cardinalli

Cardinalli Real Estate License #01739549 Listed on: 10/31/2012

Last Buyer's Agent

Steve Cardinalli

Cardinalli Real Estate License #01739549 Listed on: 10/31/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1918

Parking

  • Private Parking

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • Low Flow Shower
  • 2,300 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $4,650

Community Details

Overview

  • 3 Units
  • 2,300 Sq Ft Building

Building Details

  • Gardener Expense $300
  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Manager Expense $1,450
  • Operating Expense $10,727
  • Gross Income $59,242

Property Details

Home Type

Multi-Family

Year Built

1918

Lot Details

0

Listing Details

  • Zoning: res
  • Subclass: Triplex
  • Age: 94
  • Inspections Reports: Fault Zone
  • Sale Price Per Sq Ft: 330.43
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 2300
  • Stories: 1
  • Laundry: Gas Hookup, In Garage, Laundry Area - In Unit
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Foundation Pillars
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Green Features

  • Energy Features: Low Flow Shower, Ceiling Insulation, Walls Insulated

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 13.65

Multi Family

  • Expense Insurance: 1400
  • Expense Landscape: 300
  • Expense Maintenance: 1200
  • Expense Management: 1450
  • Expenses Total: 10727
  • Expense Water Sewer: 340
  • Income Annual Gross: 59242.00
  • Income Annual Rental: 4650
  • Income Gross Scheduled: 60451
  • Income Laundry: 55800
  • Income Other: 1
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Services - Sewer
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Vacancy Amount: 1209
  • Vacancy Factor: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $760,000 -7.9% $330 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $825,000 -- $359 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steve Cardinalli

    Cardinalli Real Estate

    (831) 375-0984

    3 in this area

    21 Total Sales

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Map

Source: MLSListings

MLS Number: ML81239785

MLSListings

APN: 001-381-038

California Monterey County Monterey 93940 Old Town

325 Watson St, Monterey, CA

This home is located at 325 Watson St, Monterey, CA 93940 since 31 October 2012. This property was built in 1918. 325 Watson St is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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