NOT LISTED FOR SALE

417 Alcalde Ave Monterey, CA 93940

VIlla Del Monte Neighborhood

Estimated Value: $870,000 - $1,033,000

2 Beds
1 Bath
979 Sq Ft
$937/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $700,000 $715 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,666/month

75 Days on Market

Highlights

  • Breakfast Room
  • 2 Car Detached Garage
  • 1-Story Property
  • Monterey High School Rated A
  • Separate Family Room
  • 3-minute walk to Peter J Ferrante Park

About This Home

As of September 2021

417 Alcalde Avenue in Monterey is a two-bedroom plus office, one-bath home with a detached oversized garage and presents a fantastic investment opportunity with an ADU garage conversion. Live in one and rent the other or generate cash flow by renting both units. The property is within walking distance from the Navy Postgraduate School and Defense Language Institute, both highly prestigious schools that attract thousands of students each year. The home is set on a large lot with mature shade trees in the front, a long driveway for multiple vehicles & an enormous work shed out back for projects & storage. This beachside getaway is perfect for anyone looking to escape bright city lights, military personnel in training, or investors looking to increase their cash flow.

Last Agent to Sell the Property

Kevin Cesario

Better Homes And Gardens Real Estate By The Sea License #01953086 Listed on: 04/22/2021

Better Homes And Gardens Real Estate By The Sea

Last Buyer's Agent

Kevin Cesario

Better Homes And Gardens Real Estate By The Sea License #01953086 Listed on: 04/22/2021

Better Homes And Gardens Real Estate By The Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,018

Year Built

  • 1926

Lot Details

  • 8,276

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 979 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Breakfast Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 8,276 Sq Ft Lot
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,018

Year Built

1926

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 95
  • Listing Class: Residential
  • Structure Sq Ft: 979
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Room
  • Fireplace: Yes
  • Living Sq Ft: 979
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8276.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Aug 5, 2021
Sold by
Zack Jerry
Bought by
Panchal Arvind Jamnadas and Panchal Naliniben Arvind
Seller's Agent
Kevin Cesario
Better Homes And Gardens Real Estate By The Sea
Buyer's Agent
Kevin Cesario
Better Homes And Gardens Real Estate By The Sea
List Price
$699,999
Sold Price
$700,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$917,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,370
Avg. Annual Appreciation
5.68%
Original Mortgage
$490,000
Outstanding Balance
$446,834
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$423,060

Purchase Details

Closed on
Apr 19, 1999
Sold by
Zack Jerry and Zack John
Bought by
Zack Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
2.95%

Purchase Details

Closed on
Sep 12, 1994
Sold by
Zack Marjorie
Bought by
Zack John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.62%

Purchase Details

Closed on
Jul 25, 1994
Sold by
Broadus Charles
Bought by
Zack Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.62%
Source: Public Records

Range of Values:

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Average Value
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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
Panchal Arvind Jamnadas $700,000 Old Republic Title Company
Zack Jerry -- Chicago Title Co
Zack John -- First American Title Co
Zack Jerry -- First American Title Co
Zack Jerry $150,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panchal Arvind Jamnadas $490,000
Previous Owner Zack Jerry $100,000
Previous Owner Zack Jerry $211,000
Previous Owner Zack Jerry $112,000
Previous Owner Zack Jerry $105,000
Closed Zack Jerry $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $700,000 0.0% $715 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $699,999 -- $715 / 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 $8,018 $742,845 $435,095 $307,750
2024 $8,018 $728,280 $426,564 $301,716
2023 $7,807 $714,000 $418,200 $295,800
2022 $7,700 $700,000 $410,000 $290,000
2021 $2,557 $700,000 $410,000 $290,000
2020 $2,461 $230,351 $153,573 $76,778
2019 $2,577 $225,835 $150,562 $75,273
2018 $2,726 $221,408 $147,610 $73,798
2017 $2,295 $217,067 $144,716 $72,351
2016 $2,758 $212,812 $141,879 $70,933
2015 $2,733 $209,616 $139,748 $69,868
2014 $2,672 $205,511 $137,011 $68,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kevin Cesario

    Better Homes And Gardens Real Estate By The Sea

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Map

Source: MLSListings

MLS Number: ML81850680

MLSListings

APN: 013-111-026-000

California Monterey County Monterey 93940 VIlla Del Monte

417 Alcalde Ave, Monterey, CA

This home is located at 417 Alcalde Ave, Monterey, CA 93940 since 22 April 2021 and is currently estimated at $917,370, approximately $937 per square foot. This property was built in 1926. 417 Alcalde Ave is a home located in Monterey County with nearby schools including Foothill Elementary School, Monte Vista Elementary School, and Monterey High School.

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