NOT LISTED FOR SALE
3 Beds
3 Baths
1,680 Sq Ft
6,708 Sq Ft Lot

Sale Details

Date Sold: December 22, 2021

Last sale price $1,101,000 $655 Per Sq Ft

3 Days on Market

Highlights

  • Converted Barn or Barndominium
  • Fireplace
  • Level Lot
  • Monterey High School Rated A

About This Home

As of December 2021

Old Town Monterey Triplex located on a quiet street near Downtown, Library and Trader Joe's. Each unit has fireplace, tiled kitchen counters and is separately metered.

Last Agent to Sell the Property

Bert Aronson

KW Coastal Estates License #00760050 Listed on: 10/23/2021

KW Coastal Estates

Last Buyer's Agent

Anthony Pietragallo

Resource Real Estate Loans License #01362189

Property Details

Home Type

  • Multi-Family

Year Built

  • 1905

Lot Details

  • 6,708 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Converted Barn or Barndominium
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Fireplace

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $50,760

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $300
  • Insurance Expense $1,563
  • Maintenance Expense $310
  • Manager Expense $3,377
  • Utility Expense $1,251
  • Trash Expense $787
  • Operating Expense $15,237
  • Gross Income $50,760

Property Details

Home Type

Multi-Family

Year Built

1905

Lot Details

6,708 Sq Ft Lot

Listing Details

  • Zoning: R-3
  • Subclass: Triplex
  • Style: Barn Type
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1680
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Interior Features

  • Living Sq Ft: 1680
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking, Parking Area, Room For Oversized Vehicle, Uncovered Parking

Utilities

  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 545

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6710.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6710.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.66
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1563
  • Expense Landscape: 300
  • Expense Maintenance: 310
  • Expense Management: 3377
  • Expenses Total: 15237
  • Expenses Utility: 1251
  • Expense Trash: 787
  • Income Annual Gross: 50760.00
  • Income Annual Rental: 50760
  • Income Gross Scheduled: 50760
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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 23, 2021
Closed on
Nov 18, 2021
Sold by
Bought by
Seller's Agent
Bert Aronson
KW Coastal Estates
Buyer's Agent
Anthony Pietragallo
Resource Real Estate Loans
List Price
$998,000
Sold Price
$1,101,000
Premium/Discount to List
$103,000
10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,750
Interest Rate
0.0298%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
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
$23,000
Interest Rate
0.0417%
Mortgage Type
Seller Take Back
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
$1,101,000 Old Republic Title
$600,000 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
Open $137,000
Open $825,750
Previous Owner $23,000
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
12/22/2021 12/22/21 Sold $1,101,000 +10.3% $655 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $998,000 -- $594 / 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 $12,735 $1,168,388 $636,724 $531,664
2024 $12,735 $1,145,480 $624,240 $521,240
2023 $12,325 $1,123,020 $612,000 $511,020
2022 $12,156 $1,101,000 $600,000 $501,000
2021 $7,947 $1,101,000 $600,000 $501,000
2020 $7,649 $702,876 $351,438 $351,438
2019 $8,022 $689,096 $344,548 $344,548
2018 $7,705 $675,586 $337,793 $337,793
2017 $7,142 $662,340 $331,170 $331,170
2016 $7,016 $649,354 $324,677 $324,677
2015 $6,917 $639,602 $319,801 $319,801
2014 $6,800 $627,074 $313,537 $313,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81867924

MLSListings

APN: 001-403-012

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