NOT LISTED FOR SALE

966 Hamilton Ave Seaside, CA 93955

Estimated Value: $809,000 - $967,000

4 Beds
2 Baths
1,695 Sq Ft
$515/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $620,000 $366 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,193/month

5 Days on Market

About This Home

As of August 2018

GREAT INVESTMENT OPPORTUNITY, LIVE IN ONE AND RENT THE OTHER, OR KEEP THEM BOTH AS RENTALS. CLOSE TO MONTEREY AND THE PENINSULA SHOOPING .

Last Agent to Sell the Property

Alfred Ramirez

Ramirez Properties License #01095452 Listed on: 08/14/2018

Last Buyer's Agent

Thomas Bristol

Sotheby’s International Realty License #01447566

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1986

Lot Details

  • 6,220

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,695 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,220 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,000
  • Operating Expense $6,160
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

1986

Lot Details

6,220 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: Duplex
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1695
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Living Sq Ft: 1695
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1428
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6222.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6222.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.93
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expenses Total: 6160
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Aug 28, 2018
Sold by
Nemri Iryna
Bought by
Nemri Faris
Seller's Agent
Alfred Ramirez
Ramirez Properties
Buyer's Agent
Thomas Bristol
Sotheby’s International Realty
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$872,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,228
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Oct 30, 2015
Sold by
Johns Thomas
Bought by
Martin Ouita and Ouita Martin Living Trust
Seller's Agent
Olga Israde
Bay Area Realty Group Services
Buyer's Agent
Olga Israde
Bay Area Realty Group Services
List Price
$370,000
Sold Price
$356,000
Premium/Discount to List
-$14,000
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.66%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Oct 22, 2015
Sold by
Johns Donna L
Bought by
Johns Thomas
Seller's Agent
Olga Israde
Bay Area Realty Group Services
Buyer's Agent
Olga Israde
Bay Area Realty Group Services
List Price
$370,000
Sold Price
$356,000
Premium/Discount to List
-$14,000
-3.78%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Oct 21, 2015
Sold by
Aguirre Waldemar Cuevas and Cuevas Carmen
Bought by
Johns Thomas
Seller's Agent
Olga Israde
Bay Area Realty Group Services
Buyer's Agent
Olga Israde
Bay Area Realty Group Services
List Price
$370,000
Sold Price
$356,000
Premium/Discount to List
-$14,000
-3.78%

Purchase Details

Closed on
Sep 12, 2001
Sold by
Aguirre Waldemar Cuevas and Cuevas Carmen
Bought by
Aguirre Waldemar Cuevas and Cuevas Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 17, 1998
Sold by
Ashurst Stephanie Mills and Craviotto Robin Mills
Bought by
Aguirre Waldemar Cuevas and Cuevas Carmen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
5.87%

Purchase Details

Closed on
Aug 12, 1998
Sold by
Craviotto Theresa F
Bought by
Craviotto Harry Mills

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nemri Faris -- Old Republic Title Co
Nemri Feris $620,000 Old Republic Title Co
Martin Ouita -- First American Title Co
Johns Thomas -- First American Title Company
Johns Thomas $377,000 First American Title Company
Aguirre Waldemar Cuevas -- Chicago Title Co
Aguirre Waldemar Cuevas $198,000 First American Title Co
Craviotto Harry Mills -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguirre Waldemar Cuevas $228,000
Previous Owner Aguirre Waldemar Cuevas $188,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2018 08/29/18 Sold $620,000 -4.6% $366 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $650,000 +82.6% $383 / Sq Ft
10/31/2015 10/31/15 Sold $356,000 -3.8% $210 / Sq Ft View Prior Sale
09/25/2015 09/25/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $370,000 0.0% $218 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $370,000 -- $218 / 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 $7,862 $743,637 $379,272 $364,365
2024 $7,862 $729,057 $371,836 $357,221
2023 $7,308 $714,763 $364,546 $350,217
2022 $7,208 $651,728 $357,399 $294,329
2021 $7,104 $638,950 $350,392 $288,558
2020 $6,837 $632,400 $346,800 $285,600
2019 $7,173 $620,000 $340,000 $280,000
2018 $4,487 $392,178 $208,080 $184,098
2017 $4,160 $384,489 $204,000 $180,489
2016 $4,087 $376,950 $200,000 $176,950
2015 $2,766 $258,263 $104,347 $153,916
2014 $2,718 $253,204 $102,303 $150,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81719022

MLSListings

APN: 012-274-008-000

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