NOT LISTED FOR SALE

431 Watson St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $856,646 - $1,788,000

4 Beds
3 Baths
2,139 Sq Ft
$561/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $935,000 $437 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,873/month

About This Home

As of June 2016

This home is located at 431 Watson St, Monterey, CA 93940 since 10 June 2016 and is currently estimated at $1,200,912, approximately $561 per square foot. This property was built in 1949. 431 Watson St is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Last Agent to Sell the Property

Mario Torrente

Shankle Real Estate License #00515075 Listed on: 06/10/2016

Shankle Real Estate

Co-Listed By

Michelle Russell

Shankle Real Estate License #01944339

Last Buyer's Agent

Mario Torrente

Shankle Real Estate License #00515075 Listed on: 06/10/2016

Shankle Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • 1949

Lot Details

  • 6,011 Sq Ft Lot

Home Design

  • 2,139 Sq Ft Home
  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Parking

  • 2 Parking Spaces
  • 3 Carport Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $52,413

Community Details

Overview

  • 2,139 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $500
  • Insurance Expense $1,500
  • Maintenance Expense $630
  • Manager Expense $4,000
  • Utility Expense $1,300
  • Trash Expense $700
  • Operating Expense $19,850
  • Gross Income $51,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: R-3-6
  • Subclass: Triplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2139
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 2139

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 3

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.92
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1500
  • Expense Landscape: 500
  • Expense Maintenance: 630
  • Expense Management: 4000
  • Expenses Total: 19850
  • Expenses Utility: 1300
  • Expense Trash: 700
  • Income Annual Gross: 51365.00
  • Income Annual Rental: 52413
  • Income Gross Scheduled: 52413
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Maintenance - Repair, Miscellaneous/Other, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2007
Sold by
Boerlin Michael E and Boerlin Concettina
Bought by
Manuguerra Elisabetta and Manuguerra Giuseppe
Current Estimated Value
$1,200,912

Purchase Details

Closed on
Jan 31, 2006
Sold by
Bechler Marie E
Bought by
Tringali Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 7, 2002
Sold by
Boerlin Michael E and Boerlin Concettina
Bought by
Boerlin Michael E and Boerlin Concettina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.13%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Bechler Gerard A and Bechler Marie E
Bought by
Bechler Gerard A and Bechler Marie E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Manuguerra Elisabetta $935,000 Old Republic Title Company
Bechler Gerard A -- None Available
Tringali Joseph -- Old Republic Title Company
Tringali Joseph -- Old Republic Title Company
Boerlin Michael E -- Old Republic Title Company
Bechler Gerard A -- --
Bechler Gerard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manuguerra Elisabetta $650,000
Previous Owner Boerlin Michael E $375,000
Previous Owner Tringali Joseph $325,000
Previous Owner Bechler Gerard A $330,000
Previous Owner Boerlin Michael E $325,000
Previous Owner Boerlin Michael E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $935,000 -0.4% $437 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $939,000 -- $439 / 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 $4,571 $414,322 $236,756 $177,566
2024 $4,571 $406,199 $232,114 $174,085
2023 $4,424 $398,235 $227,563 $170,672
2022 $4,364 $390,427 $223,101 $167,326
2021 $4,301 $382,773 $218,727 $164,046
2020 $4,141 $378,849 $216,485 $162,364
2019 $4,341 $371,422 $212,241 $159,181
2018 $4,171 $364,140 $208,080 $156,060
2017 $3,867 $357,000 $204,000 $153,000
2016 $3,180 $291,207 $181,044 $110,163
2015 $3,136 $286,834 $178,325 $108,509
2014 $3,083 $281,216 $174,832 $106,384
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mario Torrente

    Shankle Real Estate

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michelle Russell

    Shankle Real Estate

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81590058

MLSListings

APN: 001-393-029-000

California Monterey County Monterey 93940 Old Town

431 Watson St, Monterey, CA

This home is located at 431 Watson St, Monterey, CA 93940 since 10 June 2016 and is currently estimated at $1,200,912, approximately $561 per square foot. This property was built in 1949. 431 Watson St is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes