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872 Laine Street

872 Laine Street, Monterey, CA 93940
Property in New Monterey
1 Units For Sale
Unit for sale at 872 Laine ST, MONTEREY, CA 93940

$2,800,000

  • 6 Beds
  • 4,336 ft²
872 Laine ST, MONTEREY, CA 93940 Listing by The C Group

872 Laine Street in Monterey, CA was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 31 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 872 Laine Street has 4,336 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 12,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 1,133 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,664 in taxes each year. 872 Laine Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $311,811. If we break it down further, the land itself was valued at $92,731. Improvements to the property, however, were assessed at a total of $219,080. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 2
  • Total Rooms: 31
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,133
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 4,336
  • Gross Building Area: 4,336
  • Building Area: 4,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 4,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.276
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: VOL 11 PAR MAPS PG 102 PAR A

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 241-E5
  • Subdivision Tract Number: 857
  • Parcel: 001-077-021-000
  • Latitude: 36.6156
  • Longitude: -121.906

    Address

  • Full Address: 872 Laine St
  • Address - House Number: 872
  • Address - Street Name: Laine
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey
  • Carrier Code: C032
  • 4-Digit Zip Code: 1133
  • Zip Code: 93940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,664
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.4351
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 12
  • Final Value: 392,069
  • High Value: 562,682
  • Low Value: 221,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,811
  • Assessed Land Value: $92,731
  • Assessed Improvements Value: $219,080

About New Monterey



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Frequently Asked Questions

What neighborhood is 872 Laine Street located in?
The 872 Laine Street is a located in the neighborhood of New Monterey in New Monterey, Monterey.
How many listings are currently for sale in 872 Laine Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 872 Laine Street?
The average sales price for units in 872 Laine Street is $2,800,000 , or $646/sqft. currently.

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