Seller's Agent in 2017
Samantha Storelli
Intero Real Estate Services
(831) 236-6789
38 Total Sales
476 Cortes St Monterey, CA 93940
East Monterey NeighborhoodEstimated Value: $1,818,276 - $1,916,000
7
Beds
4
Baths
2,758
Sq Ft
$677/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Washer and Dryer
- 1-minute walk to Jack's Park
- Monterey High School Rated A
About This Home
As of December 2017This is a rare opportunity for a 4-plex is the heart of coveted downtown Monterey. The 4 units include a main home with 3 bedrooms 2 baths, 2 apartments above, 2 bedroom 1 bath and a 1 bedroom 1 bath and a separate 1 bedroom 1 bath cottage attached to a 1 car garage. There is long driveway and quaint, cozy courtyard between the 2 buildings!The main home acts as a time capsule reminiscent of earlier days and is preserved gorgeously boasting its old time charms with built in dressing armories, curved corner ceilings, and honeycomb tile. The main home has new carpet and has been freshly painted. Amazing opportunity to live in one and collect the rental income on the others. There are endless possibilities for investors or owner occupants alike!
Last Agent to Sell the Property
Intero Real Estate Services License #01339138 Listed on: 11/09/2017
Last Buyer's Agent
Better Homes And Gardens Real Estate By The Sea License #01928366
Property Details
Home Type
- Multi-Family
Year Built
- 1932
Lot Details
- 3,655 Sq Ft Lot
Parking
- 1 Car Garage
- On-Street Parking
Home Design
- Quadruplex
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,758 Sq Ft Home
- 2-Story Property
- Gas Oven
- Washer and Dryer
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
- Sewer Within 50 Feet
Listing and Financial Details
- Total Actual Rent $75,600
Community Details
Overview
- 2,758 Sq Ft Building
Building Details
- 3 Leased Units
- Gardener Expense $1,200
- Insurance Expense $1,500
- Maintenance Expense $3,000
- Other Expense $600
- Utility Expense $924
- Trash Expense $1,288
- Operating Expense $9,293
- Gross Income $71,820
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2021
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$943,500
Interest Rate
0.027%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 12, 2020
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
0.0684%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 16, 1997
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 1997
Sold by
Bought by
Purchase Details
Closed on
Aug 27, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title Co | ||
| -- | Accommodation | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Stewart Title | ||
| -- | Stewart Title | ||
| -- | -- | ||
| -- | Stewart Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $943,500 | ||
| Closed | $938,250 | ||
| Closed | $50,000 | ||
| Closed | $150,000 | ||
| Closed | $135,000 | ||
| Closed | $20,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2017 12/20/17 | Sold | $1,260,000 | +5.0% | $457 / Sq Ft |
| 11/14/2017 11/14/17 | Pending | -- | -- | -- |
| 11/09/2017 11/09/17 | For Sale | $1,200,000 | -- | $435 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,468 | $1,433,661 | $682,696 | $750,965 |
| 2024 | $15,468 | $1,405,551 | $669,310 | $736,241 |
| 2023 | $15,078 | $1,377,992 | $656,187 | $721,805 |
| 2022 | $14,871 | $1,350,973 | $643,321 | $707,652 |
| 2021 | $14,656 | $1,324,484 | $630,707 | $693,777 |
| 2020 | $14,103 | $1,310,904 | $624,240 | $686,664 |
| 2019 | $14,803 | $1,285,200 | $612,000 | $673,200 |
| 2018 | $14,210 | $1,260,000 | $600,000 | $660,000 |
| 2017 | $793 | $57,934 | $21,257 | $36,677 |
| 2016 | $781 | $56,799 | $20,841 | $35,958 |
| 2015 | $772 | $55,946 | $20,528 | $35,418 |
| 2014 | $762 | $54,851 | $20,126 | $34,725 |
Source: Public Records
Agents Affiliated with this Home
-
Samantha Storelli
-
Kyle Chernetsky
K
Buyer's Agent in 2017
Kyle Chernetsky
Better Homes And Gardens Real Estate By The Sea
(831) 372-1964
1 Total Sale
Map
Source: MLSListings
MLS Number: ML81684332
APN: 001-715-007-000
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