Seller's Agent in 2024
Amber Russell
Over the Moon Realty, Inc
(831) 402-1982
6 in this area
122 Total Sales
599 David Ave Monterey, CA 93940
New Monterey Neighborhood
4
Beds
3
Baths
2,074
Sq Ft
5,571
Sq Ft Lot
Highlights
- Ocean View
- Deck
- Balcony
- Monterey High School Rated A
- Wood Flooring
- Skylights
About This Home
As of November 2024Discover this charming 3-unit multi-family triplex, offering stunning water views. In fact, as photographs were being taken, whales could be seen spouting and breaching. Ideally located a short distance from the Monterey Bay Aquarium and Cannery Row, this property enjoys a convenient carport for each unit and a common laundry room. The main residence, built in 1904, features hardwood floors, built-in cabinetry, and a private fenced yard. A strategically planted hedge provides privacy from the road but does not block the water views. Each unit offers a cozy living space, making it perfect for long-term rentals or vacation stays. The thoughtful layout does not have any unit above or below another unit. With its prime location, water and night light views, this triplex is a rare find in todays market. Whether you're looking to invest or create a personal coastal get-a-way, 599 David Avenue presents a unique blend of investment potential and the opportunity for owner-occupancy with two rental units. The last photo is a floor plan.
Last Agent to Sell the Property
Over the Moon Realty, Inc License #01795810 Listed on: 10/12/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1904
Lot Details
- 5,571 Sq Ft Lot
- Grass Covered Lot
- Back Yard
Property Views
- Ocean
- Bay
- City Lights
- Mountain
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,074 Sq Ft Home
- Skylights
- Storage Room
- Washer and Dryer
Kitchen
- Gas Oven
- Microwave
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Parking
- 3 Parking Spaces
- 3 Carport Spaces
Outdoor Features
- Balcony
- Deck
Utilities
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $74,400
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $960
- Insurance Expense $840
- Maintenance Expense $115
- Utility Expense $4,309
- Trash Expense $398
- Operating Expense $17,496
- Gross Income $74,400
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
Oct 12, 2024
Closed on
Oct 31, 2024
Sold by
Bought by
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Amber Russell
Over the Moon Realty, Inc
List Price
$1,388,000
Sold Price
$1,457,700
Premium/Discount to List
$69,700
5.02%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,166,160
Interest Rate
0.0608%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 10, 2002
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 |
|---|---|---|---|
| $1,458,000 | Old Republic Title | ||
| $870,000 | Old Republic Title Company | ||
| -- | -- |
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 | $1,166,160 |
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 |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $1,457,700 | +5.0% | $703 / Sq Ft |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 10/12/2024 10/12/24 | For Sale | $1,388,000 | -- | $669 / 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 | $11,282 | $1,457,700 | $800,000 | $657,700 |
| 2024 | $11,282 | $1,457,700 | $800,000 | $657,700 |
| 2023 | $10,874 | $989,907 | $455,130 | $534,777 |
| 2022 | $10,725 | $970,498 | $446,206 | $524,292 |
| 2021 | $10,570 | $951,469 | $437,457 | $514,012 |
| 2020 | $10,172 | $941,714 | $432,972 | $508,742 |
| 2019 | $10,673 | $923,250 | $424,483 | $498,767 |
| 2018 | $10,248 | $905,148 | $416,160 | $488,988 |
| 2017 | $9,494 | $887,400 | $408,000 | $479,400 |
| 2016 | $9,326 | $870,000 | $400,000 | $470,000 |
| 2015 | $1,570 | $133,008 | $33,931 | $99,077 |
| 2014 | $1,546 | $130,404 | $33,267 | $97,137 |
Source: Public Records
Agents Affiliated with this Home
-
Amber Russell
Map
Source: MLSListings
MLS Number: ML81983575
APN: 001-082-011
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