NOT LISTED FOR SALE

490 Monroe St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $1,380,000 - $1,771,000

4 Beds
3 Baths
1,216 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $1,295,000 $1,065 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,488/month

1 Day on Market

Highlights

  • Two Primary Bedrooms
  • Traditional Architecture
  • Granite Countertops
  • Monterey High School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of May 2022

Great Monterey location! Move in ready! Updated, clean and bright! Here's your opportunity to live in Monterey and or earn income on a rental property. Close to downtown, Middlebury Institute, Fisherman's Wharf, restaurants, entertainment, grocery stores, shopping and walk/bike paths. Main house has 3 spacious bedrooms/ 2 bathrooms with plenty of closet space and new carpet. Living room/dining is large and bright with newer bamboo flooring. The kitchen is tastefully updated, its open and inviting with bar seating, granite counters and matching stainless appliances with a cozy space off of the kitchen for a table or desk, Newer washer/dryer inside and easy access from back door to shared parking area. The beautiful bright remodeled separate private cottage is 1 bedroom/bath. Lovely open kitchen/ dining , large bedroom with French doors to the outside, stacked washer/dryer. Large shared parking in between the homes.

Last Agent to Sell the Property

Janet Lee Leighton

Park Place Realty License #01703796 Listed on: 04/19/2022

Last Buyer's Agent

Dave Randall

Sotheby’s International Realty License #01447259

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,721

Year Built

  • 1925

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Homes

  • 605 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Forced Air Heating System
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,721

Year Built

1925

Lot Details

0

Listing Details

  • Zoning: R-3-6
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 97
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 605
  • Structure Sq Ft: 1216
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Gas, Oven - Self Cleaning, Oven Range, Refrigerator
  • Living Sq Ft: 1216
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom, More Than One Primary Bedroom On Ground Floor, Primary Bedroom On Ground Floor
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Granite, Shower Over Tub - 1, Showers Over Tubs - 2+, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Construction Type: Stucco

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 0.0964
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4200.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: ADU

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2020
Sold by
Daniel Christopher T and Daniel Kathleen A
Bought by
Daniel Christopher T and Daniel Kathleen A
Current Estimated Value
$1,527,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2020
Sold by
Daniel Christopher T and Daniel Kathleen A
Bought by
Daniel Christopher T and Daniel Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Daniel Christopher T and Daniel Kathleen A
Bought by
Daniel Christopher T and Daniel Kathleen A

Purchase Details

Listed on
Feb 2, 2018
Closed on
Apr 23, 2018
Sold by
Meerstetter Sima
Bought by
Daniel Christopher T and Daniel Kathleen A
Seller's Agent
William Smith
Coldwell Banker Realty
Buyer's Agent
Janet Lee Leighton
Park Place Realty
List Price
$895,000
Sold Price
$845,000
Premium/Discount to List
-$50,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$586,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Meerstetter Sima Salehlzadeh and The Sima Salehizadeh Meerstett
Bought by
Meerstetter Sima

Purchase Details

Closed on
Dec 31, 2009
Sold by
Jp Morgan Chase Bank Na
Bought by
Meerstetter Sima Salehizadeh and Sima Salehizadeh Meersteetter

Purchase Details

Closed on
Sep 28, 2009
Sold by
Reyes Marilu
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Apr 2, 2007
Sold by
Torres Jose Armando
Bought by
Reyes Marilu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2007
Sold by
Torres Jose Antonio
Bought by
Reyes Marilu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2006
Sold by
Revocab Flores Rosalie Curreri and Revocab Rosalie Curreri Flores
Bought by
Torres Jose Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2005
Sold by
Flores Rosalie
Bought by
Revocab Flores Rosalie Curreri and Revocab Rosalie Curreri Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Revocab Flores Rosalie Curreri and Revocab Rosalie Curreri Flores
Bought by
Flores Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2003
Sold by
Flores Rosalie C
Bought by
Revocab Flores Rosalie Curreri and Revocab Rosalie Curreri Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.84%

Purchase Details

Closed on
Apr 28, 2003
Sold by
Curiel Flores Rosalie C and Curiel Eaton Rosalie
Bought by
Flores Rosalie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.84%

Purchase Details

Closed on
May 30, 2001
Sold by
Lonero Flores Tiffany Anne
Bought by
Flores Rosalie Curreri

Purchase Details

Closed on
Mar 30, 1999
Sold by
Flores Jack O
Bought by
Flores Rosalie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.91%
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
Daniel Christopher T -- Chicago Title
Daniel Christopher T -- Chicago Title Company
Daniel Christopher T -- None Available
Daniel Christopher T $845,000 Old Republic Title Co
Meerstetter Sima -- None Available
Meerstetter Sima Salehizadeh $525,000 Chicago Title
Jpmorgan Chase Bank Na $400,411 Accommodation
Reyes Marilu $990,000 First American Title Co
Reyes Marilu -- First American Title
Torres Jose Armando $785,000 Stewart Title Of Ca Inc
Revocab Flores Rosalie Curreri -- First American Title
Flores Rosalie -- First American Title
Revocab Flores Rosalie Curreri -- Chicago Title
Flores Rosalie C -- Chicago Title
Flores Rosalie Curreri -- --
Flores Rosalie C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alan L Buchwald Generation Ski $650,000
Closed Daniel Christopher T $593,000
Closed Daniel Christopher T $586,000
Previous Owner Reyes Marilu $148,500
Previous Owner Reyes Marilu $792,000
Previous Owner Torres Jose Armando $628,000
Previous Owner Flores Rosalie $676,000
Previous Owner Flores Rosalie Curreri $50,000
Previous Owner Flores Rosalie Curreri $275,000
Previous Owner Flores Rosalie C $220,000
Previous Owner Flores Rosalie C $50,000
Previous Owner Flores Rosalie C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $1,295,000 0.0% $1,065 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $1,295,000 +53.3% $1,065 / Sq Ft
04/27/2018 04/27/18 Sold $845,000 0.0% $542 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $845,000 -5.6% $542 / Sq Ft
02/02/2018 02/02/18 For Sale $895,000 0.0% $574 / Sq Ft
03/17/2016 03/17/16 Rented $2,900 -3.3% --
03/01/2016 03/01/16 For Rent $3,000 -- --
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 $14,721 $1,374,263 $636,724 $737,539
2024 $14,721 $1,347,318 $624,240 $723,078
2023 $14,381 $1,320,900 $612,000 $708,900
2022 $10,387 $1,295,000 $600,000 $695,000
2021 $10,236 $927,649 $420,471 $507,178
2020 $9,440 $879,138 $416,160 $462,978
2019 $9,908 $861,900 $408,000 $453,900
2018 $6,735 $595,585 $340,336 $255,249
2017 $6,239 $583,908 $333,663 $250,245
2016 $6,054 $572,460 $327,121 $245,339
2015 $5,967 $563,862 $322,208 $241,654
2014 $5,937 $552,818 $315,897 $236,921
Source: Public Records

Agents Affiliated with this Home

  • Janet Lee Leighton

    Seller's Agent in 2022

    Janet Lee Leighton

    Park Place Realty

    (831) 206-7233

    2 in this area

    16 Total Sales

    Janet Lee Leighton
    Section Image

  • D

    Buyer's Agent in 2022

    Dave Randall

    Sotheby’s International Realty

    Section Image

  • W

    Seller's Agent in 2018

    William Smith

    Coldwell Banker Realty

    Section Image
  • Noreen Towers

    Seller's Agent in 2016

    Noreen Towers

    Towers Realty Services

    (831) 320-9916

    23 Total Sales

    Noreen Towers
    Section Image
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Map

Source: MLSListings

MLS Number: ML81887541

MLSListings

APN: 001-391-013-000

California Monterey County Monterey 93940 Old Town

490 Monroe St, Monterey, CA

This home is located at 490 Monroe St, Monterey, CA 93940 since 19 April 2022 and is currently estimated at $1,527,885, approximately $1,256 per square foot. This property was built in 1925. 490 Monroe 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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