$525,000
SOLD JAN 31, 2019
1 Bed
1 Bath
480 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$1,094 Per Sq Ft

2% Below List Price

144 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • Monterey High School Rated A
  • Wood Fence

About This Home

As of January 2019

Attention all Builders, Developers, Investors, Homeowners, incredible potential. Bring you designer to build your dream home! This highly desirable area cute & cozy, one story, one bedroom, one bath, ocean view, double lot, 5000 sqft lot, cottage in sunny Monterey, located just walking distance ocean,Monterey Harbor, historic Monterey Aquarium and Presidio of Monterey. Quiet street and great for a family. This home will not last long!!!! Submit all your offers cash!!!

Last Agent to Sell the Property

RECIP

Out of Area Office License #00000000 Listed on: 08/31/2018

Last Buyer's Agent

RECIP

Out of Area Office License #00000000 Listed on: 08/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1948

Lot Details

  • 5,001 Sq Ft Lot
  • Wood Fence
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • No Floor Coverings

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Heating
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 001-185-007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,369

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Fixer Upper
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 480
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat in Kitchen
  • Kitchen: Oven - Gas
  • Living Sq Ft: 480
  • Stories: 1
  • Flooring: Carpet, Hardwood, Unfinished
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Combination, Wood Frame
  • Roof: Shingle
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-185-007-000
  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Dec 11, 2018
Sold by
Lussier Connie D and Remedios Zarate Miranda Trust
Bought by
Shahkaram Malik and Shahkaram Mieko
Seller's Agent
RECIP
Out of Area Office
Buyer's Agent
RECIP
Out of Area Office
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$420,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $525,000 Fidelity National Title Irvi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $1,000,000 +90.5% $952 / Sq Ft
01/31/2019 01/31/19 Sold $525,000 -1.9% $1,094 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $535,000 0.0% $1,115 / Sq Ft
11/06/2018 11/06/18 Price Changed $535,000 -1.8% $1,115 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $545,000 -9.0% $1,135 / Sq Ft
08/31/2018 08/31/18 For Sale $599,000 -- $1,248 / 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 $6,369 $585,642 $557,756 $27,886
2024 $6,369 $574,160 $546,820 $27,340
2023 $6,175 $562,903 $536,099 $26,804
2022 $6,090 $551,867 $525,588 $26,279
2021 $6,002 $541,047 $515,283 $25,764
2020 $5,775 $535,500 $510,000 $25,500
2019 $4,107 $353,381 $299,015 $54,366
2018 $3,945 $346,452 $293,152 $53,300
2017 $3,656 $339,659 $287,404 $52,255
2016 $3,592 $333,000 $281,769 $51,231
2015 $3,593 $43,300 $21,359 $21,941
2014 $535 $42,453 $20,941 $21,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81721283

MLSListings

APN: 001-185-007-000