Sold Aug 19, 2022
$745,000
Buyer
Seller
$720,000
by Garcia Nicolas
Mortgage
1631 Monticello Drive has been categorized by the local assessors in Hollister, CA as a residential type of property.
The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 620 ft.
The area measurement of the land has been determined as 6,200 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1631 Monticello Drive sold most recently in Aug 16, 2022 for a total of $745,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,010 in taxes each year. 1631 Monticello Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $745,000. If we break it down further, the land itself was valued at $270,000. Improvements to the property, however, were assessed at a total of $475,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1631 Monticello Drive sold most recently in Aug 16, 2022 for a total of $745,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,010 in taxes each year. 1631 Monticello Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $745,000. If we break it down further, the land itself was valued at $270,000. Improvements to the property, however, were assessed at a total of $475,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
1631 Monticello Drive, Hollister, CA 95023
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