NOT LISTED FOR SALE

457 Clay St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $1,340,000 - $1,437,899

3 Beds
2 Baths
1,849 Sq Ft
$754/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $835,000 $452 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,147/month

218 Days on Market

Highlights

  • Bay View
  • Spanish Architecture
  • 1 Car Attached Garage
  • Monterey High School Rated A
  • Balcony
  • Eat-In Kitchen

About This Home

As of July 2017

This is a must-see! Charming and authentic design of Spanish-Mediterranean home with City and Bay views, located in upper Old Town Monterey! Tri-level layout home with plaster walls and ceilings and unique old world features throughout. The main level features the foyer, kitchen, dining room, living room with brick fireplace. There are three bedrooms and a full bath upstairs with views of Monterey Bay; and downstairs features a family room and second bathroom with a mini kitchenette and separate entrance. One car garage on a large lot. Sit and relax in your cozy patio area with a BBQ pit and a view of a huge backyard lot with matured fruit trees. Located close to Downtown Monterey, restaurants, local schools and shops. This home is zoned for for a duplex, with rental income opportunity or convert space to single family living.

Last Agent to Sell the Property

Erlinda Franklin

Steinbeck Real Estate, Inc. License #01312093 Listed on: 11/30/2016

Co-Listed By

Jennifer Hardy

Steinbeck Real Estate, Inc. License #02001189

Last Buyer's Agent

Jason Montgomery

Shankle Real Estate License #01519124

Shankle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 6,752 Sq Ft Lot
  • Back Yard
  • Zoning described as Multi-residential

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Property Views

  • Bay
  • City

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,849 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-391-022-000

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 1849
  • Incorporated: Yes
  • Year Built: 1939
  • Zoning Description: Multi-residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Living Sq Ft: 1849
  • Stories: 3
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Tile
  • View: Bay, City
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 001-391-022-000
  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jul 17, 2017
Sold by
Liu Grace
Bought by
Ramirez Raymond and White Kathleen M
Seller's Agent
Erlinda Franklin
Steinbeck Real Estate, Inc.
Buyer's Agent
Jason Montgomery
Shankle Real Estate
List Price
$890,000
Sold Price
$835,000
Premium/Discount to List
-$55,000
-6.18%
Current Estimated Value
$1,394,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,225
Avg. Annual Appreciation
6.23%
Original Mortgage
$455,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2002
Sold by
Liu Grace
Bought by
Liu Grace

Purchase Details

Closed on
Mar 8, 2002
Sold by
Liu Grace and The Andrew Cheng Living Trust
Bought by
Liu Grace
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
Ramirez Raymond $835,000 Old Republic Title Company
Liu Grace -- --
Liu Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Raymond $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2017 07/24/17 Sold $835,000 0.0% $452 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $835,000 -6.2% $452 / Sq Ft
11/30/2016 11/30/16 For Sale $890,000 -- $481 / 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 $10,285 $950,082 $654,249 $295,833
2024 $10,285 $931,454 $641,421 $290,033
2023 $9,969 $913,192 $628,845 $284,347
2022 $9,832 $895,287 $616,515 $278,772
2021 $9,689 $877,733 $604,427 $273,306
2020 $9,323 $868,734 $598,230 $270,504
2019 $9,785 $851,700 $586,500 $265,200
2018 $9,393 $835,000 $575,000 $260,000
2017 $2,695 $247,225 $124,951 $122,274
2016 $2,648 $242,378 $122,501 $119,877
2015 $2,610 $238,738 $120,661 $118,077
2014 $2,567 $234,063 $118,298 $115,765
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erlinda Franklin

    Steinbeck Real Estate, Inc.

  • J

    Seller Co-Listing Agent in 2017

    Jennifer Hardy

    Steinbeck Real Estate, Inc.

    Section Image

  • J

    Buyer's Agent in 2017

    Jason Montgomery

    Shankle Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81651214

MLSListings

APN: 001-391-022-000

California Monterey County Monterey 93940 Old Town

457 Clay St, Monterey, CA

Not Listed for Sale

Detached

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