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824 Spencer Street

824 Spencer Street, Monterey, CA 93940
Property in New Monterey
Sold Jun 22, 2000
$382,000
$195,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2051
Local assessors in Monterey, CA have categorized 824 Spencer Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 5,850 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 824 Spencer Street has a total of 908 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. 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 - C. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 824 Spencer Street sold most recently in Jun 14, 2000 for a total of $382,000. If you work out the math, that's approximately a cost of $420.70 per sqft. 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 $6,029 in taxes each year. 824 Spencer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $564,311. If we break it down further, the land itself was valued at $384,091. Improvements to the property, however, were assessed at a total of $180,220. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,850
  • Total Building Area: 908
  • Gross Building Area: 908
  • Building Area: 908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERRMANNS NEW MONTEREY
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERRMANNS NEW MONTEREY LOT 6 BLK 8

Ownership

  • Current Owner : HENDERSON NANCY B
  • Previous Owner : DIMAGGIO SALVATORE DAVID
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monterey Peninsula Unified School District
  • Census Tract: 012504

Geography

  • Parcel: 001-085-022-000
  • Block: 8
  • Lot: 6
  • Latitude: 36.6144
  • Longitude: -121.907

    Address

  • Full Address: 824 Spencer St
  • Address - House Number: 824
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey
  • Carrier Code: C006
  • 4-Digit Zip Code: 1235
  • Zip Code: 93940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,029
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 1,084,813
  • High Value: 1,327,208
  • Low Value: 842,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 14, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 341
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,311
  • Assessed Land Value: $384,091
  • Assessed Improvements Value: $180,220

    Sales

  • Current Sale Contract Date: Jun 14, 2000
  • Current Sale Recording Date: Jun 22, 2000
  • Current Sale Transaction ID: 1042668011
  • Current Sale Price: $382,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2000039775

    Last Sale Mortgage

  • First Mortgage Lender: MONUMENT MTG
  • First Mortgage Transaction Date: Jun 22, 2000
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2030

About New Monterey



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Frequently Asked Questions

What neighborhood is 824 Spencer Street located in?
The 824 Spencer Street is a located in the neighborhood of New Monterey in New Monterey, Monterey.
What is the average sales price for listings in 824 Spencer Street?
The average sales price for units in 824 Spencer Street is $0 currently.

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