NOT LISTED FOR SALE
4 Beds
3 Baths
1,764 Sq Ft
5,001 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $970,000 $550 Per Sq Ft

7 Days on Market

About This Home

As of July 2018

Great Monterey peninsula Investment opportunity. Tri-plex in Monterey. All utilities separate. Built as a tri-plex. Nice little apartment building.

Last Agent to Sell the Property

Eric Stauffer

Sotheby’s International Realty License #01006365 Listed on: 06/13/2018

Last Buyer's Agent

Annie Giammanco

KW Coastal Estates License #00998517

KW Coastal Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1926

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Triplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

1926

Lot Details

0

Listing Details

  • Zoning: R-3-5
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1764
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Interior Features

  • Living Sq Ft: 1764
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • 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

Rental Info

  • Existing Lease Term(s): Lease Agreement - Oral
  • Gross Rent Multiplier: 27.64
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $970,000 -2.5% $550 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $995,000 -- $564 / Sq Ft
Source: MLSListings

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 $11,829 $1,082,048 $557,756 $524,292
2024 $11,829 $1,060,832 $546,820 $514,012
2023 $11,454 $1,040,033 $536,099 $503,934
2022 $11,297 $1,019,641 $525,588 $494,053
2021 $11,134 $999,649 $515,283 $484,366
2020 $10,716 $989,400 $510,000 $479,400
2019 $11,243 $970,000 $500,000 $470,000
2018 $2,668 $220,795 $35,459 $185,336
2017 $2,483 $216,466 $34,764 $181,702
2016 $3,621 $212,223 $34,083 $178,140
2015 $2,408 $209,037 $33,572 $175,465
2014 $2,371 $204,943 $32,915 $172,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81709996

MLSListings

APN: 001-183-016