NOT LISTED FOR SALE

465 Clay St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $1,631,000 - $2,252,000

6 Beds
4 Baths
3,104 Sq Ft
$654/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $1,100,000 $354 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,059/month

6 Days on Market

Highlights

  • 0.31 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Monterey High School Rated A
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of August 2015

A Rare Gem in Old Town Monterey. Once in a lifetime opportunity to own one of the most desirable properties in Historic Monterey. This spacious and lovely classic home sits on 1/3 of an acre and features 4 bedrooms, 3 full baths, hardwood floors, French doors and balconies plus a large formal dining room and laundry room. This amazing offering also includes a separate and large 2 bedroom 1 bath unit. You can feel the Old World Charm and Elegance in every room......this is truly a Dream Property!

Last Agent to Sell the Property

Suzanne Menendez-Herbst

Shankle Real Estate License #01236254 Listed on: 06/23/2015

Shankle Real Estate

Last Buyer's Agent

Jason Montgomery

Shankle Real Estate License #01519124

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,091

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Zoning described as R3-5

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,104 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 700 SF Accessory Dwelling Unit
  • Forced Air Heating System

Community Details

Listing and Financial Details

  • Assessor Parcel Number 001-391-021-000

Property Details

Property Type

Other

Est. Annual Taxes

$13,091

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Age: 75
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 700
  • Structure Sq Ft: 3104
  • Year Built: 1940
  • Zoning Description: R3-5
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 3104
  • Stories: 2
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Covered Parking, Detached Garage, On Street

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-391-021-000
  • Lot Acres: 0.3100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13500.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Duplex

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 4, 2015
Sold by
Ramirez Raymond and White Kathleen M
Bought by
Ramirez Family Trust
Seller's Agent
Suzanne Menendez-Herbst
Shankle Real Estate
Buyer's Agent
Jason Montgomery
Shankle Real Estate
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$2,028,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,586
Avg. Annual Appreciation
5.72%
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jul 21, 2015
Sold by
Zweig Catherine S and Mary N Zweig Trust
Bought by
Ramirez Raymond and White Kathleen M
Seller's Agent
Suzanne Menendez-Herbst
Shankle Real Estate
Buyer's Agent
Jason Montgomery
Shankle Real Estate
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 1994
Sold by
Zweig Mary N
Bought by
Zweig Mary N and Mary N Zweig Trust
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
Ramirez Family Trust -- First American Title Company
Ramirez Raymond $1,100,000 First American Title Company
Zweig Mary N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Raymond $387,000
Closed Ramirez Raymond $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $1,100,000 0.0% $354 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $1,100,000 -- $354 / 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 $13,091 $1,390,604 $710,274 $680,330
2024 $13,091 $1,363,339 $696,348 $666,991
2023 $12,837 $1,336,608 $682,695 $653,913
2022 $11,841 $1,312,067 $669,309 $642,758
2021 $11,664 $1,203,008 $656,186 $546,822
2020 $11,842 $1,190,674 $649,458 $541,216
2019 $11,982 $1,167,328 $636,724 $530,604
2018 $12,871 $1,144,440 $624,240 $520,200
2017 $11,918 $1,122,000 $612,000 $510,000
2016 $11,706 $1,100,000 $600,000 $500,000
2015 $1,386 $126,342 $40,742 $85,600
2014 -- $123,868 $39,944 $83,924
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Suzanne Menendez-Herbst

    Shankle Real Estate

    Section Image

  • J

    Buyer's Agent in 2015

    Jason Montgomery

    Shankle Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81471875

MLSListings

APN: 001-391-021-000

California Monterey County Monterey 93940 Old Town

465 Clay St, Monterey, CA

This home is located at 465 Clay St, Monterey, CA 93940 since 23 June 2015 and is currently estimated at $2,028,586, approximately $653 per square foot. This property was built in 1940. 465 Clay 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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