NOT LISTED FOR SALE

470 Wave St Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $1,527,874 - $1,534,000

3 Beds
2 Baths
1,790 Sq Ft
$855/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $1,025,000 $573 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,360/month

24 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Bathtub with Shower
  • Monterey High School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Monterey Scholze Park Center

About This Home

As of April 2019

Here is your chance to own part of Historic Cannery Row District, made famous by John Steinbecks novel Cannery Row. 470 Wave Street was originally built as a residence for cannery workers, but rumor has it the property was used as a brothel in the 1950s while converted to a bohemian hang out for artists after cartoonist Eldon Dedini purchased the house in the early 1960s. If only walls could talkFollow in Eldon and his famous friends footsteps and live and work here or use as your weekend retreat. You will be in the middle of the best the Monterey Peninsula has to offer with the Bay in your back yard, steps from fish restaurant The Sardine Factory made famous by Clint Eastwoods movie Play Misty for me and numerous other excellent restaurants, shops, the Wharf and the world renowned Monterey Bay Aquarium. Youll find an open floor plan on the first floor with a bedroom and bathroom and an artist studio attached. 2 Bedrooms and the second bathroom upstairs with a peek of the Bay.

Last Agent to Sell the Property

Sylvia Brugman

Coldwell Banker Realty License #01404022 Listed on: 02/08/2019

Coldwell Banker Realty

Last Buyer's Agent

Pete Ruiz

KW Coastal Estates License #70010112

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,220

Year Built

  • Built in 1910

Lot Details

  • 3,859 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as C-2

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Art Studio
  • Utility Room
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 001-022-018-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,220

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 109
  • Listing Class: Residential
  • Structure Sq Ft: 1790
  • Year Built: 1910
  • Zoning Description: C-2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Oven - Gas, Refrigerator
  • Living Sq Ft: 1790
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum, Wood
  • Additional Rooms: Artist Studio, Utility Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Showers over Tubs - 2+, Tile

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Fencing: Fenced
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-022-018-000
  • Lot Acres: 0.0886
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3860.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3860.00

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
Feb 8, 2019
Closed on
Apr 15, 2019
Sold by
Musselman Sheila and Carey Teresa
Bought by
Lawler Erin Michael and Erin Michael Lawler Living Trust
Seller's Agent
Sylvia Brugman
Coldwell Banker Realty
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$999,999
Sold Price
$1,025,000
Premium/Discount to List
$25,001
2.5%
Current Estimated Value
$1,530,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,937
Avg. Annual Appreciation
6.38%
Original Mortgage
$696,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2015
Sold by
Irrevocabl Carey Charles B
Bought by
Musselman Sheila and Carey Teresa

Purchase Details

Closed on
May 28, 2008
Sold by
Carey Patricia
Bought by
Carey Charles and Carey Orly Elvira

Purchase Details

Closed on
Apr 21, 2008
Sold by
Dedini Giulio Martin
Bought by
Carey Patricia

Purchase Details

Closed on
Sep 11, 2002
Sold by
Dedini Eldon L and Dedini Virginia
Bought by
Dedini Eldon L and Dedini Virginia D
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
Lawler Erin Michael $1,025,000 Chicago Title Co Salinas
Musselman Sheila -- None Available
Carey Charles -- None Available
Carey Patricia -- None Available
Dedini Eldon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawler Erin Michael $688,000
Closed Lawler Erin Michael $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $1,025,000 +2.5% $573 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $999,999 -- $559 / 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 $12,220 $1,143,402 $780,861 $362,541
2024 $12,220 $1,120,983 $765,550 $355,433
2023 $11,984 $1,099,004 $750,540 $348,464
2022 $11,819 $1,077,456 $735,824 $341,632
2021 $11,647 $1,056,331 $721,397 $334,934
2020 $11,206 $1,045,500 $714,000 $331,500
2019 $9,815 $853,676 $647,619 $206,057
2018 $9,421 $836,938 $634,921 $202,017
2017 $8,724 $820,528 $622,472 $198,056
2016 $8,569 $804,440 $610,267 $194,173
2015 $8,447 $792,358 $601,101 $191,257
2014 $8,301 $776,838 $589,327 $187,511
Source: Public Records

Agents Affiliated with this Home

  • Sylvia Brugman

    Seller's Agent in 2019

    Sylvia Brugman

    Coldwell Banker Realty

    (831) 917-1680

    1 in this area

    22 Total Sales

    Sylvia Brugman
    Section Image

  • P

    Buyer's Agent in 2019

    Pete Ruiz

    KW Coastal Estates

    Section Image
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Map

Source: MLSListings

MLS Number: ML81738237

MLSListings

APN: 001-022-018-000

California Monterey County Monterey 93940 New Monterey

470 Wave St, Monterey, CA

This home is located at 470 Wave St, Monterey, CA 93940 since 08 February 2019 and is currently estimated at $1,530,937, approximately $855 per square foot. This property was built in 1910. 470 Wave 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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