Young Seon Myong
Sotheby’s International Realty
(831) 574-2265
21 Total Sales
1 in New Monterey
$980,000 Price
551 Foam St Monterey, CA 93940
New Monterey NeighborhoodEstimated Value: $1,338,317
Studio
1
Bath
2,913
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Monterey High School Rated A
- 4-minute walk to Monterey Scholze Park Center
About This Home
As of June 2021READY TO BUILD! Approved plans and permits included in sale. Cannery Row Mixed-Use Commercial Building Ready For Luxury Residential Conversion. Creative loft space perfect for owner/user or implement plans to develop two luxury residential units featuring modern design and panoramic ocean views from rooftop deck. Great location within walking distance to shops, restaurants, and Monterey Bay Aquarium.
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Property Details
Home Type
- Multi-Family
Year Built
- 1981
Lot Details
- 1,860 Sq Ft Lot
Parking
- 1 Car Garage
- On-Street Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Tar and Gravel Roof
Interior Spaces
- 2,913 Sq Ft Home
- 2-Story Property
Community Details
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
Listed on
Apr 16, 2021
Closed on
Jun 17, 2021
Sold by
Bought by
Seller's Agent
Dean Hoffman
Academy Realty
Buyer's Agent
Dean Hoffman
Academy Realty
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,317
Avg. Annual Appreciation
3.01%
Purchase Details
Closed on
Jan 29, 2021
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
$700,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 28, 2021
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
$700,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 13, 2017
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
$735,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 2008
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
$150,000
Interest Rate
6.41%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 2000
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
$518,000
Interest Rate
8.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 28, 2000
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
$518,000
Interest Rate
8.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 13, 1997
Sold by
Bought by
Purchase Details
Closed on
Oct 19, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in New Monterey, CA
-
Young Seon Myong
-
Joe Gallagher
Joe Gallagher
Sotheby’s International Realty
(831) 250-1666
32 Total Sales
5 in New Monterey
$1.2M - $1.9M Price Range
-
Dean Provence
Dean Provence
Responds QuicklySotheby’s International Realty
(831) 275-6442
71 Total Sales
9 in New Monterey
$402K - $1.6M Price Range
-
Regina Shaw
Regina Shaw
Intero Real Estate Services
(831) 273-3582
98 Total Sales
1 in New Monterey
$1,215,000 Price
-
Juan Chavarria
Juan Chavarria
Home Ranch Land Realty
(805) 262-8330
25 Total Sales
1 in New Monterey
$1,382,000 Price
-
Alecia Hull
Alecia Hull
Sotheby’s International Realty
(831) 220-3097
23 Total Sales
4 in New Monterey
$745K - $1.5M Price Range
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 |
|---|---|---|---|
| $1,150,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | Chicago Title Company | ||
| $1,050,000 | First American Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title | ||
| $414,000 | First American 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 |
|---|---|---|---|
| Previous Owner | $700,000 | ||
| Previous Owner | $735,000 | ||
| Previous Owner | $812,500 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $518,000 | ||
| Previous Owner | $351,900 | ||
| Previous Owner | $325,000 |
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 |
|---|---|---|---|---|
| 06/22/2021 06/22/21 | Sold | $1,150,000 | -3.8% | $395 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $1,195,000 | -- | $410 / 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 | $2,753 | $26,938 | ||
| 2024 | $2,568 | $25,655 | ||
| 2023 | $2,568 | $32,560 | $6,510 | $26,050 |
| 2022 | $2,467 | $26,710 | $5,340 | $21,370 |
| 2021 | $2,557 | $24,600 | $4,920 | $19,680 |
| 2020 | $2,507 | $23,250 | $4,650 | $18,600 |
| 2019 | $2,444 | $20,660 | $4,130 | $16,530 |
| 2018 | $2,382 | $19,520 | $3,900 | $15,620 |
| 2017 | $2,287 | $18,750 | $3,750 | $15,000 |
| 2016 | $2,182 | $17,670 | $3,530 | $14,140 |
| 2015 | $2,018 | $16,670 | $3,330 | $13,340 |
Source: Public Records
Agents Affiliated with this Home
-
Dean Hoffman
D
Seller's Agent in 2021
Dean Hoffman
Academy Realty
(831) 277-2617
1 in this area
3 Total Sales
Map
Source: MLSListings
MLS Number: ML81839356
APN: 001-062-017-000
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