NOT LISTED FOR SALE
7 Beds
3 Baths
2,504 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: December 26, 2013

Last sale price $780,000 $312 Per Sq Ft

36 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Forced Air Heating System
  • Monterey High School Rated A
  • Community Barbecue Grill
  • 2-minute walk to Jack's Park

About This Home

As of December 2013

Nice tri-plex in Monterey with peek of ocean. House in front with a detached 2-story duplex in the back. Two units have been remodeled. Hardwood floors, mostly new double-pane windows. All units have washer/dryer. Outside BBQ area. Fairly new roofs. Some units have fireplaces. Central forced air for all units. Owners live in front house, rent would be around $1,500 a month.

Last Agent to Sell the Property

Lawrence Samuels

CENTURY 21 Masters License #01133082 Listed on: 09/23/2013

CENTURY 21 Masters

Last Buyer's Agent

Pam Rodgers

Intero Real Estate Services License #01748566

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • Level Lot

Home Design

  • Triplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property
  • Bay Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $65,100
  • The owner pays for cable TV, electric, garbage, gas, heating, hot water, water

Community Details

Overview

  • 3 Units
  • 2,504 Sq Ft Building

Amenities

  • Community Barbecue Grill

Building Details

  • Insurance Expense $607
  • Utility Expense $1,680
  • Trash Expense $696
  • Operating Expense $11,977
  • Gross Income $65,100

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Zoning: C-2
  • Subclass: Triplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 311.50
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2504
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 2504
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Some Units, Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Bay

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Bbq Area

Schools

  • High School: 545

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4030.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4030.00
  • Lot Size Area Min Search: 4030.00
  • Maximum Lot Size: 4030.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.44

Multi Family

  • Expense Insurance: 607
  • Expenses Total: 11977
  • Expenses Utility: 1680
  • Expense Trash: 696
  • Expense Water Sewer: 1596
  • Income Annual Gross: 65100.00
  • Income Annual Rental: 65100
  • Income Gross Scheduled: 65100
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Cable Tv, Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Cable Tv, Electric, Garbage, Gas, Heating, Hot Water, Water
  • Tenant Expenses: Utilities - Gas

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
Oct 21, 2019
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
$485,000
Interest Rate
0.035%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2018
Sold by
Bought by

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 12, 2013
Sold by
Bought by
Seller's Agent
Lawrence Samuels
CENTURY 21 Masters
Buyer's Agent
Pam Rodgers
Intero Real Estate Services
List Price
$810,000
Sold Price
$780,000
Premium/Discount to List
-$30,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
0.0432%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2003
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
$498,750
Interest Rate
0.0606%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2000
Sold by
Bought by

Purchase Details

Closed on
May 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Fidelity National Title Co
-- None Available
$780,000 Chicago Title Company
$665,000 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
Open $485,000
Closed $422,000
Previous Owner $193,300
Previous Owner $498,750
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
12/26/2013 12/26/13 Sold $780,000 -3.7% $312 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $810,000 -- $323 / 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 $10,513 $956,163 $367,754 $588,409
2024 $10,513 $937,416 $360,544 $576,872
2023 $10,172 $919,036 $353,475 $565,561
2022 $10,034 $901,017 $346,545 $554,472
2021 $9,890 $883,350 $339,750 $543,600
2020 $9,520 $874,294 $336,267 $538,027
2019 $9,983 $857,152 $329,674 $527,478
2018 $9,589 $840,346 $323,210 $517,136
2017 $8,889 $823,870 $316,873 $506,997
2016 $8,733 $807,716 $310,660 $497,056
2015 $8,610 $795,584 $305,994 $489,590
2014 $8,440 $780,000 $300,000 $480,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81335250

MLSListings
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