NOT LISTED FOR SALE

457 Pine St Monterey, CA 93940

New Monterey Neighborhood
5 Beds
1 Bath
1,741 Sq Ft
5,837 Sq Ft Lot

Last Sold February 05, 2015

Last sale price $660,000 $379 Per Sq Ft

11 Days on Market

Highlights

  • Ocean View
  • 1-Story Property
  • 2-minute walk to Oak Newton Park
  • Monterey High School Rated A

About This Home

As of February 2015

2 Homes on a lot! Potential abounds from this Ocean View duplex in an area of Million dollar properties in Monterey! Separate structures: a 3 bedroom AND a 2 bedroom unit. The classic 3 bedroom front unit has big ocean views & lots of detail intact. Also, very large storage area below is huge bonus square footage! 2 bedroom unit in the back also has large storage below! Patio areas, good parking. Fixer upper, cash only, as the kitchens and baths are removed. Ready to start your rehab!

Last Agent to Sell the Property

Mark Delano Vincent

Coldwell Banker Realty License #01436652 Listed on: 01/16/2015

Coldwell Banker Realty

Last Buyer's Agent

Mark Delano Vincent

Coldwell Banker Realty License #01436652 Listed on: 01/16/2015

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1918

Lot Details

  • 5,837 Sq Ft Lot

Property Views

  • Ocean
  • Bay

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,741 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

  • 1,741 Sq Ft Building

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,000
  • Maintenance Expense $2,000
  • Manager Expense $1,200
  • Trash Expense $500
  • Operating Expense $14,100
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Year Built

1918

Lot Details

0

Listing Details

  • Zoning: Multi
  • Subclass: Duplex
  • Age: 97
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1741
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Living Sq Ft: 1741
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, Ocean

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: No Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5850.00

Rental Info

  • Gross Rent Multiplier: 11.66

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1000
  • Expense Landscape: 600
  • Expense Maintenance: 2000
  • Expense Management: 1200
  • Expenses Total: 14100
  • Expense Trash: 500
  • Income Annual Gross: 60000.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $660,000 -5.7% $379 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $699,900 -- $402 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Delano Vincent

    Seller's Agent in 2015

    Mark Delano Vincent

    Coldwell Banker Realty

    (831) 295-3446

    71 Total Sales

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Map

Source: MLSListings

MLS Number: ML81447268

MLSListings

APN: 001-114-018

California Monterey County Monterey 93940 New Monterey

457 Pine St, Monterey, CA

This home is located at 457 Pine St, Monterey, CA 93940 since 16 January 2015. This property was built in 1918. 457 Pine St is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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