739 W Franklin St Monterey, CA 93940
Old Town NeighborhoodEstimated payment $11,857/month
Total Views
39,003
6
Beds
4
Baths
3,161
Sq Ft
$632
Price per Sq Ft
Highlights
- Ocean View
- Post and Beam
- Bathtub with Shower
- Monterey High School Rated A
- 2 Fireplaces
- Tile Countertops
About This Home
This unique property offers incredible flexibility and opportunity, featuring 2 separate homes on a single lot. Perfect for multi-generational living, investment purposes, or rental potential, this property offers the best of both worlds. The main home boasts 3 spacious bedrooms and 2 bathrooms with approx. 1400 sf, with a large living room with fireplace and dining area that flows effortlessly into a well-appointed kitchen with a laundry room nearby. It has tile floors throughout for easy care. There is some front yard space available to relax and enjoy the sunny location. The second home provides 3 bdrms & 2 baths with approx.. 1600 sf whether you choose to use it as a guest house, rental unit, or private residence, it offers its own private living space and amenities for comfort and convenience. New Carpet installed 6/30/25 in unit B. Both homes enjoy a shared lot with ample outdoor space, including, parking spaces, etc. ensuring plenty of room for everyone. Located in a desirable neighborhood, close to Downtown, schools, parks, shopping, and the wharf. This property offers versatility, potential, and convenience. A rare find!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,538
Year Built
- Built in 1913
Lot Details
- 5,998 Sq Ft Lot
- Level Lot
- Zoning described as R2
Parking
- 2 Car Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Post and Beam
- Traditional Architecture
- Composition Roof
Interior Spaces
- 3,161 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Dining Area
- Tile Flooring
- Ocean Views
- Laundry in Utility Room
Kitchen
- Electric Cooktop
- Dishwasher
- Tile Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Dual Sinks
- Bathtub with Shower
- Walk-in Shower
Utilities
- Forced Air Heating System
- Wood Insert Heater
Listing and Financial Details
- Assessor Parcel Number 001392025
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,538 | $877,596 | $365,131 | $512,465 |
| 2024 | $9,538 | $860,389 | $357,972 | $502,417 |
| 2023 | $9,263 | $843,519 | $350,953 | $492,566 |
| 2022 | $9,136 | $826,980 | $344,072 | $482,908 |
| 2021 | $9,003 | $810,766 | $337,326 | $473,440 |
| 2020 | $8,664 | $802,454 | $333,868 | $468,586 |
| 2019 | $9,091 | $786,721 | $327,322 | $459,399 |
| 2018 | $8,730 | $771,296 | $320,904 | $450,392 |
| 2017 | $8,087 | $756,173 | $314,612 | $441,561 |
| 2016 | $7,943 | $741,347 | $308,444 | $432,903 |
| 2015 | $7,830 | $730,212 | $303,811 | $426,401 |
| 2014 | $7,696 | $715,909 | $297,860 | $418,049 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | For Sale | $1,999,000 | 0.0% | $632 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | Price Changed | $1,999,000 | -12.9% | $632 / Sq Ft |
| 03/17/2025 03/17/25 | For Sale | $2,295,000 | -- | $726 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $522,000 | First American Title Company | |
| Trustee Deed | $525,966 | First American Title Company | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Grant Deed | -- | -- | |
| Trustee Deed | $425,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Trustee Deed | $245,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | $101,894 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $154,813 | Unknown | |
| Closed | $154,813 | Unknown | |
| Previous Owner | $393,000 | New Conventional | |
| Previous Owner | $391,222 | New Conventional | |
| Previous Owner | $649,500 | Unknown | |
| Previous Owner | $649 | Fannie Mae Freddie Mac | |
| Previous Owner | $532,500 | Seller Take Back | |
| Previous Owner | $300,000 | Stand Alone Second | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $288,400 | No Value Available | |
| Previous Owner | $203,500 | No Value Available | |
| Previous Owner | $134,200 | No Value Available | |
| Closed | $10,000 | No Value Available | |
| Closed | $200,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: MLSListings
MLS Number: ML81995607
APN: 001-392-025-000
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