5944 Monterey Avenue

5944 Monterey Avenue in Richmond, CA was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5944 Monterey Avenue has 2,526 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 268 sqft. There is one available parking space. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing floor/wall heating system and being fueled with gas. 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, 5944 Monterey Avenue sold most recently in Aug 1, 2017 for a total of $810,000. If you work out the math, that's approximately a cost of $320.67 per sqft. Before that, the property was also sold for $155,000 in Apr 8, 1998. 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 $12,579 in taxes each year. 5944 Monterey Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $885,849. If we break it down further, the land itself was valued at $660,997. Improvements to the property, however, were assessed at a total of $224,852. 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.