NOT LISTED FOR SALE
5 Beds
3 Baths
2,214 Sq Ft
5,872 Sq Ft Lot

Sale Details

Date Sold: April 14, 2022

Last sale price $1,650,000 $745 Per Sq Ft

324 Days on Market

Highlights

  • Ocean View
  • Granite Countertops
  • Tile Flooring
  • Monterey High School Rated A
  • Skylights
  • 4-minute walk to Hoffman Park

About This Home

As of April 2022

HIGHLY DESIRABLE INCOME PROPERTY Remodeled & ready to reap the benefits of long term rental or airbnb rental. DUPLEX opportunity with additional granny unit. Front unit has a 2 bed and 1-bath- guest unit has a large bedroom with full bath& spacious area for kitchen, dining, & living room area. UPSTAIRS, 2nd unit (2 bed and 1 bath), on a clear sky, you will catch a glimpse of ocean views from upstairs living room area. The units feature many upgrades including: New interior and exterior paint, new flooring throughout, new windows, all brand new kitchens and baths in each unit. You will enjoy all the amenities these units offer. Too many to list here. Situated in a highly desirable neighborhood border line with Pacific Grove, this property is a brisk walk to Cannery Row, & the Monterey Bay Aquarium. Access to the 17-mile drive, & the Monterey Bay Coastal Trail. Short term or long term rentals with major events happening nearby: Laguna Seca, Golf Tournaments, Salinas Rodeo.

Last Agent to Sell the Property

Lupe Silva

Guadalupe M Silva, Broker License #01298641 Listed on: 04/06/2021

Co-Listed By

Clara Virgen-silva

Guadalupe M Silva, Broker License #02074278

Last Buyer's Agent

Nita Bennett

Bennett Realtors License #00846466

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,872 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 5 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

5,872 Sq Ft Lot

Listing Details

  • Zoning: Multi Family
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2214
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Countertop - Granite, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 2214
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Carport, Common Parking Area, Covered Parking, On Street
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Lot Info

  • Lot Description: Views
  • Lot Acres: 0.1348
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5871.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5871.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Skylight

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Vacancy Factor: 1

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
Apr 6, 2021
Closed on
Mar 31, 2022
Sold by
Jose Fuentes Construction Inc
Bought by
Seller's Agent
Lupe Silva
Guadalupe M Silva, Broker
Buyer's Agent
Nita Bennett
Bennett Realtors
List Price
$1,599,000
Sold Price
$1,650,000
Premium/Discount to List
$51,000
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,402,335
Outstanding Balance
$1,285,935
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 9, 2020
Sold by
Manabe Barbara Jo
Bought by
Jose Fuentes Construction Inc
Seller's Agent
Steven Hunt
Sotheby’s International Realty
Buyer's Agent
Susan Bianchi
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.21%
Original Mortgage
$712,500
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 25, 2008
Sold by
Sutor Stephen
Bought by
Sutor Stephen and Stephen Sutor Revocable Trust

Purchase Details

Closed on
Feb 22, 2000
Sold by
Sutor Eileen
Bought by
Sutor Eileen and Ees Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,650,000 First American Title
Jose Fuentes Construction Inc $950,000 Chicago Title Company
Sutor Stephen -- None Available
Sutor Eileen -- --
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 $1,402,335
Previous Owner Jose Fuentes Construction Inc $182,250
Previous Owner Jose Fuentes Construction Inc $275,000
Previous Owner Jose Fuentes Construction Inc $712,500
Previous Owner Jose Fuentes Construction Inc $340,000
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 Prior Sale
04/14/2022 04/14/22 Sold $1,650,000 0.0% $745 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
05/13/2021 05/13/21 Off Market $1,650,000 -- --
04/13/2021 04/13/21 Price Changed $1,598,888 0.0% $722 / Sq Ft
04/06/2021 04/06/21 For Sale $1,599,000 +68.3% $722 / Sq Ft
10/22/2020 10/22/20 Sold $950,000 -5.0% $417 / Sq Ft View Prior Sale
09/06/2020 09/06/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $1,000,000 -- $439 / 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
2026 $20,389 $1,786,011 $649,458 $1,136,553
2025 $18,984 $1,750,992 $636,724 $1,114,268
2024 $18,984 $1,716,660 $624,240 $1,092,420
2023 $18,355 $1,683,000 $612,000 $1,071,000
2022 $10,701 $1,650,000 $600,000 $1,050,000
2021 $10,720 $950,000 $500,000 $450,000
2020 $4,286 $388,057 $258,708 $129,349
2019 $4,490 $380,449 $253,636 $126,813
2018 $4,316 $372,990 $248,663 $124,327
2017 $4,005 $365,678 $243,788 $121,890
2016 $3,935 $358,508 $239,008 $119,500
2015 $3,880 $353,123 $235,418 $117,705
2014 $3,815 $346,207 $230,807 $115,400
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81837725

MLSListings

APN: 001-088-015

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