NOT LISTED FOR SALE

Estimated Value: $1,620,000 - $2,230,712

5 Beds
3 Baths
3,500 Sq Ft
$576/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $1,250,000 $357 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $11,660/month

39 Days on Market

Highlights

  • Ocean View
  • Deck
  • Spanish Architecture
  • Monterey High School Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of October 2019

Just Listed Old Monterey Duplex with Ocean Views This 3500Sq Ft Plus Duplex is located just minutes from downtown Monterey /Municipal Wharf/ Aquarium/Shops/ Brewery's and more.. Features include 1800Sq Ft 3BD / 2BA main house with ocean views, living room w/ fireplace, formal dining room, huge hall bath, real wood floors, updated kitchen, PLUS 550Sq Ft permitted recreation room w/ bath, two car garage, nicely landscaped back yard with built-in BBQ, fruit trees, patio and more. Second Unit Features - 1032Sq Ft 2BD / 1BA with wood burning fireplace in the living room, hardwood floors, kitchen, indoor laundry room, oversized bedrooms, large bathroom and more...

Last Agent to Sell the Property

Regina Shaw

Intero Real Estate Services License #01428652 Listed on: 07/31/2019

Intero Real Estate Services

Last Buyer's Agent

Dana Sales

Century 21 MM License #00952037

Century 21 MM

Property Details

Home Type

  • Multi-Family

Year Built

  • 1931

Lot Details

  • 6,752 Sq Ft Lot
  • Fenced
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Duplex
  • Spanish Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Year Built

1931

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-3
  • Subclass: Duplex
  • Style: Spanish
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1931

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Other, Dishwasher, Exhaust Fan, Hood Over Range, Island, Microwave, Oven - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 3500
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Composition
  • View: City Lights, Ocean
  • Yard/Grounds: Bbq Area, Deck, Fenced, Low Maintenance, Porch - Enclosed

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 545

Lot Info

  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Green Features

  • Energy Features: Tankless Water Heater

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 71.43
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Ryser Peter and Ryser Monika
Bought by
Ryser Peter and Ryser Monika
Current Estimated Value
$2,015,928

Purchase Details

Listed on
Jul 31, 2019
Closed on
Oct 4, 2019
Sold by
Allen Robert E and Defrantz Crystal
Bought by
Ryser Peter and Ryser Monika
Seller's Agent
Regina Shaw
Intero Real Estate Services
Buyer's Agent
Dana Sales
Century 21 MM
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$750,000
Outstanding Balance
$653,633
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,362,295
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ryser Peter -- None Available
Ryser Peter $1,250,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryser Peter $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $1,250,000 -16.7% $357 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $1,500,000 -- $429 / 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 $14,660 $1,367,054 $656,186 $710,868
2024 $14,660 $1,340,250 $643,320 $696,930
2023 $14,333 $1,313,971 $630,706 $683,265
2022 $14,136 $1,288,208 $618,340 $669,868
2021 $13,931 $1,262,950 $606,216 $656,734
2020 $13,404 $1,250,000 $600,000 $650,000
2019 $5,506 $472,533 $175,007 $297,526
2018 $5,289 $463,269 $171,576 $291,693
2017 $4,903 $454,186 $168,212 $285,974
2016 $4,816 $445,281 $164,914 $280,367
2015 $4,748 $438,593 $162,437 $276,156
2014 $4,668 $430,003 $159,256 $270,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81762715

MLSListings

APN: 001-405-011-000