NOT LISTED FOR SALE

371 Monroe St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $887,000 - $1,202,000

2 Beds
1 Bath
944 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $725,000 $768 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,252/month

96 Days on Market

Highlights

  • English Cottage Architecture
  • Breakfast Area or Nook
  • 2 Car Detached Garage
  • Monterey High School Rated A
  • Enclosed Parking
  • Bathtub with Shower

About This Home

As of December 2017

Lovely updated Old Monterey Charmer. 2 beds 1bath,with newly built double car garage. this home offers new plumbing, new windows, refinished wood floors, updated cabinetry,new carpets Very large basement plus a small hobby room or work studio. Washer and dryer hookups moved from basement to accomodate a stackable in bathroom Plans for 350 sq ft addition with bath included , but no permit included for this. nicely landscaped very large backyard for privacy . Located 5 blocks to downtown Monterey and Monterey harbor, and close to Cannery row. 2 blocks from DLI and 3 blocks to Middlelbury Instiute of international studies.Short Stroll to Starbucks and Trader Joes.

Last Agent to Sell the Property

John Davi

KW Coastal Estates License #00626920 Listed on: 07/25/2017

KW Coastal Estates

Last Buyer's Agent

Michael Kirch

Kensington Realty Group Inc License #01227726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 5,179 Sq Ft Lot
  • Zoning described as rga

Parking

  • 2 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener

Home Design

  • English Cottage Architecture
  • Bungalow
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-375-005-000

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Country English
  • Listing Class: Residential
  • Structure Sq Ft: 944
  • Year Built: 1936
  • Zoning Description: rga
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook
  • Living Sq Ft: 944
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Rolled Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Enclosed, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Parcel Number: 001-375-005-000
  • Lot Acres: 0.1189
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5180.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5180.00

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 26, 2020
Sold by
Kirch Micahel Anthony and Gonsalves Michelle Marie
Bought by
Kirch Michael Anthony and Gonsalves Michelle Marie
Current Estimated Value
$1,054,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$258,753
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$795,424

Purchase Details

Closed on
May 14, 2020
Sold by
Kirch Michael Anthony and Gonsalves Michelle Marie
Bought by
Kirch Micahel Anthony and Kirch Michelle Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$258,753
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$795,424

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 17, 2018
Sold by
Ded A Colifornia Gernal Partnership
Bought by
Kirch Michael Anthony and Gonsalves Michelle Marie
Seller's Agent
John Davi
KW Coastal Estates
Buyer's Agent
Michael Kirch
Kensington Realty Group Inc
List Price
$759,000
Sold Price
$725,000
Premium/Discount to List
-$34,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$300,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2017
Closed on
Dec 7, 2017
Sold by
Ded
Bought by
Kirch Michael Anthony and Gonzales Michelle Marie
Seller's Agent
John Davi
KW Coastal Estates
Buyer's Agent
Michael Kirch
Kensington Realty Group Inc
List Price
$759,000
Sold Price
$725,000
Premium/Discount to List
-$34,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2016
Closed on
Dec 1, 2016
Sold by
Parejo Scott Richard
Bought by
Ded
Seller's Agent
Marcia Bowhay
Sotheby’s International Realty
Buyer's Agent
John Davi
Davi Properties Group
List Price
$649,000
Sold Price
$595,000
Premium/Discount to List
-$54,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Parejo Barbara Jeanne
Bought by
Parejo Scott Richard

Purchase Details

Closed on
Jul 6, 2009
Sold by
Sanchez Fermin
Bought by
Parejo Richard Gordon and Parejo Barbara Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Kirch Michael Anthony -- None Available
Kirch Micahel Anthony -- First American Title Ins Co
Kirch Michael Anthony $725,000 Old Republic Title Co
Kirch Michael Anthony $725,000 Old Republic Title Co
Ded $595,000 Old Republic Title Company
Parejo Scott Richard -- Old Republic Title Company
Parejo Scott Richard -- None Available
Parejo Scott Richard -- None Available
Parejo Richard Gordon -- None Available
Parejo Richard Gordon $465,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirch Micahel Anthony $292,000
Closed Kirch Michael Anthony $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2017 12/22/17 Sold $725,000 -1.0% $768 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/28/2017 10/28/17 Price Changed $732,500 -0.9% $776 / Sq Ft
10/20/2017 10/20/17 Price Changed $739,500 -1.3% $783 / Sq Ft
09/21/2017 09/21/17 Price Changed $749,500 -0.3% $794 / Sq Ft
09/07/2017 09/07/17 Price Changed $752,000 -0.9% $797 / Sq Ft
07/25/2017 07/25/17 For Sale $759,000 +27.6% $804 / Sq Ft
12/07/2016 12/07/16 Sold $595,000 -8.3% $630 / Sq Ft View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $649,000 -- $688 / 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 $8,879 $824,922 $512,020 $312,902
2024 $8,879 $808,748 $501,981 $306,767
2023 $8,688 $792,891 $492,139 $300,752
2022 $8,569 $777,345 $482,490 $294,855
2021 $8,445 $762,104 $473,030 $289,074
2020 $8,127 $754,290 $468,180 $286,110
2019 $8,528 $739,500 $459,000 $280,500
2018 $8,188 $725,000 $450,000 $275,000
2017 $6,367 $595,000 $425,000 $170,000
2016 $5,526 $463,621 $269,802 $193,819
2015 $5,436 $456,658 $265,750 $190,908
2014 $5,327 $447,714 $260,545 $187,169
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John Davi

    KW Coastal Estates

    Section Image
  • Michael Kirch

    Buyer's Agent in 2017

    Michael Kirch

    Kensington Realty Group Inc

    (831) 238-3488

    28 Total Sales

    Michael Kirch
    Section Image
  • Marcia Bowhay

    Seller's Agent in 2016

    Marcia Bowhay

    Sotheby’s International Realty

    (831) 236-0814

    1 in this area

    25 Total Sales

    Marcia Bowhay
    Section Image
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Map

Source: MLSListings

MLS Number: ML81671365

MLSListings

APN: 001-375-005-000

California Monterey County Monterey 93940 Old Town

371 Monroe St, Monterey, CA

Not Listed for Sale

Detached

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