P
Seller's Agent in 2022
Pete Ruiz
KW Coastal Estates
828 Lighthouse Ave Monterey, CA 93940
New Monterey NeighborhoodEstimated Value: $1,272,724
Studio
1
Bath
3,040
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- Concrete Flooring
- Monterey High School Rated A
- 1-Story Property
About This Home
As of June 2022Prime location on a high-exposure street, located two blocks from Cannery Row, the Monterey Bay Aquarium and close to Fisherman's Wharf, Downtown Monterey and Pacific Grove. This site offers 3,100sf of retail warehouse space, has 6 off-street parking spaces, 16-18 foot ceiling heights and a large roll-up door. The building is in great condition with the following systems upgraded in 2017 - roof, electrical, plumbing and sewer line. Since then it has received upgraded lighting and recent termite treatment with a two-year warranty. Upside opportunity for an investor or developer. See page 48 of the Lighthouse Specific Plan for permitted and conditional uses. Included but not limited to Amplified Music, Assembly, Food & Beverage Sales, Retail, Restaurant, Service and Temporary Uses. Its a blank canvas full of possibilities!
Last Agent to Sell the Property
Pete Ruiz
KW Coastal Estates License #70010112 Listed on: 04/18/2022
Property Details
Home Type
- Multi-Family
Year Built
- 1964
Lot Details
- 4,792
Home Design
- Flat Roof Shape
- Slab Foundation
Interior Spaces
- 3,040 Sq Ft Home
- 1-Story Property
- Concrete Flooring
Parking
- 6 Parking Spaces
- On-Street Parking
- Uncovered Parking
Additional Features
- 4,792 Sq Ft Lot
- No Heating
Listing and Financial Details
- Total Actual Rent $72,000
Community Details
Overview
Building Details
- Gross Income $72,000
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 18, 2022
Closed on
Jun 3, 2022
Sold by
Bought by
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Will Pennycook, IV
Pennycook Properties
List Price
$1,375,000
Sold Price
$1,250,000
Premium/Discount to List
-$125,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,724
Avg. Annual Appreciation
0.45%
Purchase Details
Closed on
Dec 17, 2012
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
$360,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 25, 2012
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
$360,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back
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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 |
|---|---|---|---|
| $1,250,000 | Chicago Title | ||
| -- | None Available | ||
| -- | Stewart Title Of California | ||
| $440,000 | Stewart Title Of California |
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 |
|---|---|---|---|
| Previous Owner | $360,000 |
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 |
|---|---|---|---|---|
| 06/09/2022 06/09/22 | Sold | $1,250,000 | -9.1% | $411 / Sq Ft |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $1,375,000 | -- | $452 / 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 | $14,101 | $1,326,510 | $795,906 | $530,604 |
| 2024 | $14,101 | $1,300,500 | $780,300 | $520,200 |
| 2023 | $13,927 | $1,275,000 | $765,000 | $510,000 |
| 2022 | $5,699 | $1,250,000 | $750,000 | $500,000 |
| 2021 | $5,618 | $500,558 | $204,773 | $295,785 |
| 2020 | $5,409 | $495,427 | $202,674 | $292,753 |
| 2019 | $5,673 | $485,713 | $198,700 | $287,013 |
| 2018 | $5,449 | $476,190 | $194,804 | $281,386 |
| 2017 | $5,053 | $466,854 | $190,985 | $275,869 |
| 2016 | $4,964 | $457,701 | $187,241 | $270,460 |
| 2015 | $4,895 | $450,827 | $184,429 | $266,398 |
| 2014 | $4,812 | $441,997 | $180,817 | $261,180 |
Source: Public Records
Agents Affiliated with this Home
-
-
Will Pennycook, IV
W
Buyer's Agent in 2022
Will Pennycook, IV
Pennycook Properties
(831) 261-4851
1 in this area
18 Total Sales
Map
Source: MLSListings
MLS Number: ML81887424
APN: 001-071-014-000
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