NOT LISTED FOR SALE

Estimated Value: $1,359,891 - $1,395,000

4 Beds
2 Baths
1,941 Sq Ft
$710/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,227,000 $632 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,361/month

5 Days on Market

Highlights

  • Traditional Architecture
  • High Ceiling
  • 1 Car Attached Garage
  • Monterey High School Rated A
  • Den
  • 3-minute walk to Monterey Scholze Park Center

About This Home

As of January 2022

Be in the heart of it all and take advantage of this amazing opportunity that is waiting for you. Two homes for the price of one located close to everything that is near and dear to Monterey. One block to the walking path, two blocks to Cannery Row, and four blocks to the Wharf. Sitting on a 7,000 square foot lot with over 1,900 square feet of living space, the homes offer a 3 bedroom, 1 bath plus office and a 1 bedroom, 1 bath that both with laundry areas kitchens and a cozy Monterey vibe. So come, be in the heart of it all with this great investment opportunity that is waiting for the next buyer.

Last Agent to Sell the Property

Lucie Campos

Coldwell Banker Realty License #01345594 Listed on: 11/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Lucie Campos

Coldwell Banker Realty License #01345594 Listed on: 11/18/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1918

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,941 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Den
  • Crawl Space
  • Formica Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Community Details

  • 1,941 Sq Ft Building

Property Details

Home Type

Multi-Family

Year Built

1918

Lot Details

0

Parking

1

Listing Details

  • Zoning: Comm/Res
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Kitchen: Countertop - Formica
  • Living Sq Ft: 1941
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Office Area

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Rolled Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Gas Meters
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Vacancy Factor: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 28, 2021
Sold by
Cohen David A and Dolores Campos Family Trust
Bought by
Johal Jasjit Singh and Johal Kamaljit Kaur
Seller's Agent
Lucie Campos
Coldwell Banker Realty
Buyer's Agent
Lucie Campos
Coldwell Banker Realty
List Price
$950,000
Sold Price
$1,227,000
Premium/Discount to List
$277,000
29.16%
Current Estimated Value
$1,377,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,446
Avg. Annual Appreciation
2.93%
Original Mortgage
$727,000
Outstanding Balance
$670,109
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$707,337
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
Johal Jasjit Singh $1,227,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johal Jasjit Singh $727,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $1,227,000 +29.2% $632 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $950,000 -- $489 / 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 $13,992 $1,302,101 $689,785 $612,316
2024 $13,992 $1,276,570 $676,260 $600,310
2023 $13,676 $1,251,540 $663,000 $588,540
2022 $708 $51,163 $50,408 $755
2021 $699 $50,161 $49,420 $741
2020 $676 $49,648 $48,914 $734
2019 $699 $48,675 $47,955 $720
2018 $680 $47,721 $47,015 $706
2017 $639 $46,787 $46,094 $693
2016 $628 $45,871 $45,191 $680
2015 $620 $45,183 $44,513 $670
2014 $588 $44,299 $43,642 $657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81870556

MLSListings

APN: 001-063-005-000