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472 Cedar Street

472 Cedar Street, Monterey, CA 93940
Property in Old Town
Sold Jun 18, 2012
$468,000
$374,400 by Princeton Capital
Mortgage Due Jul 01, 2042
Sold Sep 09, 2002
$560,000
$392,000 by World Svgs Bank Fsb
Mortgage Due Sep 30, 2032
472 Cedar Street has been categorized by the local assessors in Monterey, CA as a residential type of property. The building on the property was first built in 1946 and is 78 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 472 Cedar Street has 1,395 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,640 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 231 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 472 Cedar Street sold most recently in Jun 12, 2012 for a total of $468,000. If you work out the math, that's approximately a cost of $335.48 per sqft. Before that, the property was also sold for $560,000 in Aug 4, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,052 in taxes each year. 472 Cedar Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $564,998. If we break it down further, the land itself was valued at $311,473. Improvements to the property, however, were assessed at a total of $253,525. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 231
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,640
  • Total Building Area: 1,395
  • Gross Building Area: 1,395
  • Building Area: 1,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONTEREY HEIGHTS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MONTEREY HEIGHTS LOT 2 BLK 15

Ownership

  • Current Owner : MARTINEZ JAIME ZALDIVAR
  • Current Owner 2: ZALDIVAR ASHLEY T
  • Previous Owner : PAYANDEHJOO FOROUD
  • Owner Before Previous Owner: KIM SANG KYU
  • Owner Before Previous Owner 2: KIM MUNJA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monterey Peninsula Unified School District
  • Census Tract: 012700

Geography

  • Parcel: 001-253-007-000
  • Block: 15
  • Lot: 2
  • Latitude: 36.6017
  • Longitude: -121.907

    Address

  • Full Address: 472 Cedar St
  • Address - House Number: 472
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey
  • Carrier Code: C036
  • 4-Digit Zip Code: 2159
  • Zip Code: 93940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,052
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 70
  • Final Value: 1,192,592
  • High Value: 1,453,598
  • Low Value: 931,585

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $554,400
  • First Open Lien Mortgage Lender: PRINCETON CAPITAL
  • First Open Lien Mortgage Recording Date: Jun 18, 2012
  • First Open Lien Mortgage Loan Amount: $374,400
  • 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: Jul 01, 2042
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 26, 2017
  • Second Open Lien Mortgage Loan Amount: $180,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jul 14, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,998
  • Assessed Land Value: $311,473
  • Assessed Improvements Value: $253,525

    Sales

  • Current Sale Contract Date: Jun 12, 2012
  • Current Sale Recording Date: Jun 18, 2012
  • Current Sale Transaction ID: 1037938523
  • Current Sale Price: $468,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012035297
  • Previous Sale Recording Date: Sep 09, 2002
  • Previous Sale Contract Date: Aug 04, 2002
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON CAPITAL
  • First Mortgage Transaction Date: Jun 18, 2012
  • First Mortgage Loan Amount: $374,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Sep 09, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $392,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Sep 30, 2032

About Old Town



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Frequently Asked Questions

What neighborhood is 472 Cedar Street located in?
The 472 Cedar Street is a located in the neighborhood of Old Town in Old Town, Monterey.
What is the average sales price for listings in 472 Cedar Street?
The average sales price for units in 472 Cedar Street is $0 currently.

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