2 months on rocket

127 Montecito Ave Unit 5, Monterey, CA, 93940

$669,000

Home List Price

$7,944*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,123 SqFt
$596/SqFt
Condo

Location

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127 Montecito Ave Unit 5, Monterey$669,000

Buyer Closing Credits

$7,944*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1982
HeatingCentral
CoolingNone
FireplaceLiving Room
MLS #ML81979425
Lot Size0.01 Acres
StatusActive

About 127 Montecito Ave Unit 5

Nicely appointed end unit in a quiet, well kept, 10 unit complex. Great location! Close to the beach, walking trails, shopping, and all the Monterey Peninsula has to offer. The unit offers newer appliances, a fireplace, a private patio, a single car garage and a single off street parking space.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 2
  • Living Area: 1,123 SqFt

Listing Office:

  • Office Name: Tom Redfern & Associates
  • Office Phone: (831) 625-5200
  • Listing Agent: Edward Henderson

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Refrigerator
  • Flooring Type: Carpet, Laminate
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Casa Verde Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $669,000
  • Price Per SqFt: $596/SqFt

HOA Fees:

  • Amount: $385
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,844
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monterey, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$733

Avg. Days On Market

44

# of Sold Homes

25

127 Montecito Ave Unit 5 vs Monterey

78 DAYS ON ROCKET

+34 Days

$669,000

-$381.1K Less

$596/SqFt

-$138 Less

KEY TAKEAWAY

This property is $381.1K less than the Median Sold Price and $138/SqFt less than other homes in Monterey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81979425

Listing Office:

  • Office Name: Tom Redfern & Associates
  • Office Phone: (831) 625-5200
  • Listing Agent: Edward Henderson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 8:21:11 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2017Home Sold
$415,000
May 14, 2014Home Sold
$320,000
Jul 10, 2012Home Sold
$264,000
Nov 08, 1994Home Sold
$146,000
Apr 14, 1994Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,844$436,238
2020$4,661$431,766
2019$4,695$423,300
2018$3,627$415,000
2017$3,627$337,996

History based on county public records data.

Payment Calculator

$3,791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,072

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1124205
3
/10
  • Del Rey Woods Elementary School

  • 1281 Plumas Ave

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-1124206
6
/10
  • La Mesa Elementary School

  • 1 La Mesa Way

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-1124207
2
/10
  • Martin Luther King

  • 1713 Broadway Ave

  • 2.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,045. Most Monterey, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 127 Montecito Ave Unit 5

What is the listing price of this property?

The listing price of 127 Montecito Ave Unit 5 property is $669,000.

What type of property is this?

The property 127 Montecito Ave Unit 5 is a condo located in Monterey, California, 93940.

Is this property for sale now?

Active Listing: 127 Montecito Ave Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,844 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 30, 2017 for $415,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 127 Montecito Ave Unit 5 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 127 Montecito Ave Unit 5 is 1,123 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 127 Montecito Ave Unit 5 is 1982.

Rocket HomesCaliforniaMonterey CountyMonterey93940127 Montecito Ave Unit 5

This home is located at 127 Montecito Ave Unit 5 in Monterey, CA and zip code 93940. This 1,123 square foot home, which was built in 1982, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $669,000.

While more than 0 listings in Monterey, CA in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 18 were sold below. Listings spent 44 days on the market in October 2024, and had a median list price of $1,050,166 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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