See Home Value
$845,000
● House - Off Market

490 Monroe Street

Monterey, CA 93940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,560 Ft²
$1,079,865
RealtyHop Estimate
27.79%
Since May 1, 2018
CA-San Francisco
Primary Model

About This Property

Vintage home PLUS detached studio apartment located about half mile to downtown Monterey, Fisherman's Wharf. Featuring a main house with 3 bedrooms, 2 baths and a separate studio with it's own bathroom and full kitchen, makes this an excellent investment opportunity to live in one and rent out the other. Main house offers updated kitchen with granite counters, hardwood and tile flooring. Enjoy downtown shops, movie theaters, Farmer's Market, and restaurants with this conveniently located home in Old Monterey.
Unit Size
1,560 Ft²
Days on Market
84 days
Land Size
0.10 acres
Price per sqft
$542
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925

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Last updated: 5 months ago (MLSListings Inc. #ML81691066)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Sold
Feb 2, 2018 Listed by Coldwell Banker Realty $845,000
Listed by Coldwell Banker Realty
Jul 13, 2017 Listed $829,000
Listed
Charming home PLUS studio located just a short stroll to downtown Monterey and Fisherman's Wharf. Featuring a main house with 3 bedrooms, 2 baths and a separate studio with its own bathroom and full kitchen, makes this an excellent investment opportunity to live in one and rent out the other. Main house offers updated kitchen with granite counters, hardwood and tile flooring. Enjoy downtown shops and restaurants with this conveniently located home in the "Heart of Old Monterey. The manager has listed the unit size as 1560 square feet.

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 2,047
  • Gross Building Area: 2,047
  • Building Area: 2,047
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 2,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEVERANCE
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 1CX
  • Legal Description 1: SEVERANCE MAP MACK SUBD NLY 16 FT OF LOT 6 & SLY 14 FT OF LOT 7 BLK 69

Neighborhood

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

Geography

  • Parcel: 001-391-013-000
  • Block: 69
  • Lot: 6,7
  • Latitude: 36.6
  • Longitude: -121.902

    Address

  • Full Address: 490 Monroe St
  • Address - House Number: 490
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey
  • Carrier Code: C037
  • 4-Digit Zip Code: 2207
  • Zip Code: 93940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,038,710
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 1,449,635
  • High Value: 1,774,744
  • Low Value: 1,124,526

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,320,900
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $708,900

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 21843
  • Previous Sale Recording Date: Apr 27, 2018
  • Previous Sale Contract Date: Apr 23, 2018
  • Previous Sale Amount: $845,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Old Town


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Nearby Rentals

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Unit for rent at 637 Spencer Street, MONTEREY, CA, 93940

$2,950 /mo

  • 3 Beds
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637 Spencer Street, MONTEREY, CA, 93940 Listing by Andrew Neubauer


Frequently Asked Questions

When was property at 490 Monroe Street built and last sold?
The property at 490 Monroe Street was built in 1925 and last sold on Apr 26, 2022 for $1,295,000.
How much is this home worth?
The estimated value of the home located at 490 Monroe Street is $873,659.
What are some comparable homes to 490 Monroe Street?
There are currently no comparable homes to 490 Monroe Street.