NOT LISTED FOR SALE
6 Beds
-- Baths
2,300 Sq Ft
1918 Built

Sale Details

Date 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

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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

Listing Details

  • Zoning: res
  • Subclass: Triplex
  • 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

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

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
Oct 31, 2012
Closed on
Nov 9, 2012
Sold by
Natale Maria P and Mcgary Kelly
Bought by
Seller's Agent
Steve Cardinalli
Cardinalli Real Estate
Buyer's Agent
Steve Cardinalli
Cardinalli Real Estate
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$40,027
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2012
Sold by
Mcgary Providence
Bought by
Mcgary Kelly and Mcgary Providence

Purchase Details

Closed on
Apr 19, 2011
Sold by
Villalpando Josephine R
Bought by
Villalpando Josephine R and Villalpando John D

Purchase Details

Closed on
Feb 14, 2011
Sold by
Storelli Catherine J
Bought by
Storelli Richard and Storelli Catherine J

Purchase Details

Closed on
Jun 29, 2009
Sold by
Mcgary Providence and Mcgary Joseph
Bought by
Natale Maria P and Mcgary Providence

Purchase Details

Closed on
Feb 16, 2006
Sold by
Ciolino Salvatore and Ottavio Ciolino By Pass Trust
Bought by
Ciolino Rose and Ciolino Residual Trust

Purchase Details

Closed on
Dec 23, 2004
Sold by
Ciolino Joseph and Maria Ciolino Survivors Trust
Bought by
Ciolino Rose and Ciolino Residual Trust

Purchase Details

Closed on
Mar 21, 2001
Sold by
Ciolino Maria and Octtavio & Maria Ciolino Trust
Bought by
Ciolino Maria and Octtavio Ciolino By Pass Trust
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
$760,000 Chicago Title Company
Cavaliere Elisa Valentina -- Chicago Title Company
Manuguerra Annamaria -- Chicago Title Company
Manuguerra Cristina Phyllis -- Chicago Title Company
Mcgary Kelly -- None Available
Villalpando Josephine R -- None Available
Storelli Richard -- None Available
Natale Maria P -- None Available
Ciolino Rose $90,000 Accommodation
Ciolino Rose $214,000 Old Republic Title
Ciolino Maria -- --
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
Open $60,000
Previous Owner Mcgary Providence $715,000
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
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

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 $11,544 $988,306 $499,825 $488,481
2025 $10,642 $968,928 $490,025 $478,903
2024 $10,642 $949,930 $480,417 $469,513
2023 $10,266 $931,305 $470,998 $460,307
2022 $10,126 $913,045 $461,763 $451,282
2021 $9,980 $895,143 $452,709 $442,434
2020 $9,606 $885,966 $448,068 $437,898
2019 $10,076 $868,595 $439,283 $429,312
2018 $9,677 $851,565 $430,670 $420,895
2017 $8,967 $834,869 $422,226 $412,643
2016 $8,515 $790,578 $416,094 $374,484
2015 $8,395 $778,703 $409,844 $368,859
2014 $8,252 $763,450 $401,816 $361,634
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81239785

MLSListings

APN: 001-381-038

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