NOT LISTED FOR SALE

Estimated Value: $708,000 - $878,436

2 Beds
1 Bath
696 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $252,000 $362 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $4,442/month

5 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Eat-In Kitchen
  • Monterey High School Rated A
  • 1 Car Detached Garage
  • Bathtub with Shower

About This Home

As of July 2012

INVESTORS/CONTRACTORS WELCOME. GREAT LOCATION. IT NEEDS WORK. IT NEEDS WORK.TERMITE INSPECTION REPORT BEING ORDERED. PARTIAL VIEW OF THE OCEAN FROM BACK WINDOW AND PORCH. PROPERTY SOLD AS IS WITH NO EXCEPTIONS. PROPERTY IN NEW MONTEREY. DO NOT MISS SUCH AN OPPORTUNITY. WALKING DISTANCE TO CANNERY ROW. GREAT POTENTIAL

Last Agent to Sell the Property

Rene Urquia

Equitymax Investments Inc License #00988028 Listed on: 07/06/2012

Last Buyer's Agent

Rene Urquia

Equitymax Investments Inc License #00988028 Listed on: 07/06/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Ocean Views
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Floor Furnace
  • Thermostat
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 001-122-020

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Property Condition: Fixer Upper
  • Sale Price Per Sq Ft: 362.07
  • Listing Class: Residential
  • Structure Sq Ft: 696
  • Incorporated: Yes
  • Map Book Page: 1133
  • Map Side Coordinate: 1
  • Map Top Coordinate: G
  • Thomas Bros Page: 1133
  • Thomas Brothers: G1
  • Year Built: 1920
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Hookups - Gas
  • Living Sq Ft: 696
  • Stories: 1
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Ocean
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Parcel Number: 001-122-020
  • List Price per Sq Ft: 416.59
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3040.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3040.00
  • Lot Size Area Min Search: 3040.00
  • Maximum Lot Size: 3040.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Jul 20, 2012
Sold by
Grenzer Albert F and The Albert Grenzer Living Trus
Bought by
Lau Sau and Lau Margaret
Seller's Agent
Rene Urquia
Equitymax Investments Inc
Buyer's Agent
Rene Urquia
Equitymax Investments Inc
List Price
$319,000
Sold Price
$252,000
Premium/Discount to List
-$67,000
-21%
Current Estimated Value
$794,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,859
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Sep 20, 2006
Sold by
Grenzer Albert F
Bought by
Grenzer Albert F and The Albert F Grenzer Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lau Sau $252,000 North American Title Co Inc
Grenzer Albert F -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2012 07/26/12 Sold $252,000 -13.1% $362 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
07/09/2012 07/09/12 Price Changed $289,950 -9.1% $417 / Sq Ft
07/06/2012 07/06/12 For Sale $319,000 -- $458 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $3,480 $310,305 $215,493 $94,812
2024 $3,480 $304,221 $211,268 $92,953
2023 $3,315 $298,257 $207,126 $91,131
2022 $3,270 $292,410 $203,065 $89,345
2021 $3,223 $286,678 $199,084 $87,594
2020 $3,103 $283,739 $197,043 $86,696
2019 $3,252 $278,177 $193,180 $84,997
2018 $3,125 $272,724 $189,393 $83,331
2017 $2,897 $267,378 $185,680 $81,698
2016 $2,846 $262,137 $182,040 $80,097
2015 $2,805 $258,200 $179,306 $78,894
2014 $2,758 $253,143 $175,794 $77,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81225308

MLSListings

APN: 001-122-020-000