NOT LISTED FOR SALE

427 Dela Rosa Ave Monterey, CA 93940

Del Monte Beach Neighborhood

Estimated Value: $519,000 - $978,000

2 Beds
2 Baths
972 Sq Ft
$819/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $475,000 $489 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,753/month

3 Days on Market

Highlights

  • 1 Car Attached Garage
  • Tile Countertops
  • Forced Air Heating System
  • Monterey High School Rated A
  • Secured Garage or Parking
  • 1-minute walk to Peter J Ferrante Park

About This Home

As of November 2017

Great opportunity to own an investment property on the Monterey Peninsula. Take a look at this 972 square foot duplex, each with 1bed, 1bath units, a large backyard, gas range and fridge in upstairs unit and 1-car garage. Close to Hwy 1, shops and dining. Take a look!

Last Agent to Sell the Property

William Smith

Coldwell Banker Realty License #01064866 Listed on: 11/09/2017

Coldwell Banker Realty

Last Buyer's Agent

Angela Alaimo

Steinbeck Real Estate, Inc. License #01264090

Steinbeck Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,560

Year Built

  • 1928

Lot Details

  • 3,920 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Tile Countertops

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $26,400

Community Details

Overview

Building Details

  • Insurance Expense $800
  • Operating Expense $5,150
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,560

Year Built

1928

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 89
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Kitchen: Countertop - Tile, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 972
  • Stories: 1
  • Security: Secured Garage / Parking

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3920.00

Rental Info

  • Gross Rent Multiplier: 16.48

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 800
  • Expenses Total: 5150
  • Income Annual Gross: 26400.00
  • Income Annual Rental: 26400
  • Income Gross Scheduled: 26400
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Bruno James B and Bruno Michelle M
Bought by
Bruno Melanie
Current Estimated Value
$795,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$374,786
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$420,875

Purchase Details

Closed on
Feb 3, 2020
Sold by
Bruno James
Bought by
Bruno James B and Bruno Michelle M

Purchase Details

Listed on
Nov 9, 2017
Closed on
Nov 15, 2017
Sold by
Bruno Michelle Mellow
Bought by
Bruno James
Seller's Agent
William Smith
Coldwell Banker Realty
Buyer's Agent
Angela Alaimo
Steinbeck Real Estate, Inc.
List Price
$435,000
Sold Price
$475,000
Premium/Discount to List
$40,000
9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Oct 3, 2003
Sold by
Flores Gus and Flores Jody
Bought by
Stanley Carter E
Source: Public Records

Range of Values:

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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
Bruno Melanie -- Chicago Title Company
Bruno James B -- None Available
Bruno James -- Old Republic Title Company
Bruno James $475,000 Old Republic Title Company
Stanley Carter E $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Melanie $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $475,000 +9.2% $489 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $435,000 -- $448 / 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 $6,560 $594,960 $415,605 $179,355
2024 $6,560 $583,295 $407,456 $175,839
2023 $6,302 $571,859 $399,467 $172,392
2022 $6,216 $560,647 $391,635 $169,012
2021 $5,576 $549,655 $383,956 $165,699
2020 $5,367 $494,190 $364,140 $130,050
2019 $5,629 $484,500 $357,000 $127,500
2018 $5,407 $475,000 $350,000 $125,000
2017 $3,962 $365,860 $268,297 $97,563
2016 $3,892 $358,687 $263,037 $95,650
2015 $3,837 $353,300 $259,086 $94,214
2014 $3,773 $346,380 $254,011 $92,369
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    William Smith

    Coldwell Banker Realty

    Section Image

  • A

    Buyer's Agent in 2017

    Angela Alaimo

    Steinbeck Real Estate, Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81684379

MLSListings

APN: 013-105-030-000

California Monterey County Monterey 93940 Del Monte Beach

427 Dela Rosa Ave, Monterey, CA

This home is located at 427 Dela Rosa Ave, Monterey, CA 93940 since 09 November 2017 and is currently estimated at $795,661, approximately $818 per square foot. This property was built in 1928. 427 Dela Rosa 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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