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424 Montecito Avenue

424 Montecito Avenue, Monterey, CA 93940
Sold Oct 18, 2019
$785,000
$624,000 by Navy Fcu
Mortgage Due Nov 01, 2049
Sold Oct 13, 2017
$720,000
$400,000 by Cardinal Financial Company Lp
Mortgage Due Nov 01, 2032
Local assessors in Monterey, CA have categorized 424 Montecito Avenue as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 5,500 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 424 Montecito Avenue has a total of 2,106 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 8, 2019 for $785,000. That's $372.74 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2017 for $720,000. 424 Montecito Avenue was last assessed in 2023. The total value of the property was assessed at $825,172. Specifically, the land the property is located on was valued at $578,147. While improvements on the property were assessed at a total of $247,025. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,942. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 2,106
  • Gross Building Area: 2,106
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEL MONTE GROVE
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DEL MONTE GROVE LOTS 2 & 4 BLK 19

Ownership

  • Current Owner : STARR DAVID
  • Current Owner 2: DENNEY SHELLEY
  • Previous Owner : LETTMAN ROBERT S
  • Previous Owner 2: LETTMAN APRIL
  • Owner Before Previous Owner: SEFICK BRETT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Monterey Peninsula Unified School District
  • Census Tract: 013300

Geography

  • Parcel: 013-062-009-000
  • Block: 19
  • Lot: 2,4
  • Latitude: 36.6026
  • Longitude: -121.858

    Address

  • Full Address: 424 Montecito Ave
  • Address - House Number: 424
  • Address - Street Name: Montecito
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey
  • Carrier Code: C034
  • 4-Digit Zip Code: 3841
  • Zip Code: 93940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,942
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 1,114,272
  • High Value: 1,347,097
  • Low Value: 881,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $624,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Oct 18, 2019
  • First Open Lien Mortgage Loan Amount: $624,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,172
  • Assessed Land Value: $578,147
  • Assessed Improvements Value: $247,025

    Sales

  • Current Sale Contract Date: Oct 08, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Transaction ID: 11664495403
  • Current Sale Price: $785,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019049108
  • Previous Sale Recording Date: Oct 13, 2017
  • Previous Sale Contract Date: Oct 11, 2017
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Oct 18, 2019
  • First Mortgage Loan Amount: $624,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Oct 13, 2017
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2032

About Del Monte Grove Laguna Grande



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Frequently Asked Questions

What neighborhood is 424 Montecito Avenue located in?
The 424 Montecito Avenue is a located in the neighborhood of Del Monte Grove Laguna Grande in Del Monte Grove Laguna Grande, Monterey.
What is the average sales price for listings in 424 Montecito Avenue?
The average sales price for units in 424 Montecito Avenue is $0 currently.

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