25 days on rocket

Sale Pending

401 Laine St, Monterey, CA, 93940

$1,638,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,425 SqFt
$1,149/SqFt
House

Location

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401 Laine St, Monterey$1,638,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Workshop in Garage
Garage1 space
Year Built1933
HeatingFloor Furnace, Wall Furnace
CoolingNone
FireplaceGas Starter, Living Room
ViewBay, City Lights, Park, Hills, Neighborhood, Ocean, Trees/Woods
MLS #ML81977573
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 401 Laine St

Ocean Views! Experience the allure of Monterey with this enchanting home that provides gorgeous Monterey Bay views from nearly every window. Perched above the street & perfectly sited on a corner lot this single level, 3 bed/2 bath beauty, exudes a sun-drenched welcoming atmosphere. It also boasts a delightful sun-room that opens out to a professionally landscaped & manicured backyard. Perfect for hosting gatherings with family & friends. The thoughtfully designed floor plan features a primary suite with vaulted ceilings & skylights, while the other wing of the home has 2 additional bedrooms & bath, ensuring both comfort and privacy. The remodeled kitchen offers a bright and airy ambiance with views of the Bay. On cooler evenings enjoy the snug retreat of the living room with its cozy fireplace & the Monterey Bay as your backdrop. Additionally there is an unfinished basement/workshop, Walk to Cannery Row - an exceptional combination of coastal charm & urban convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Spanish
  • Year Built: 1933
  • Stories: 1
  • Living Area: 1,425 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 624-1566
  • Listing Agent: Jacqueline B Adams

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Warming Drawer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Walk-In Closet(s), Workshop
  • Fireplace: Gas Starter, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay, City Lights, Park, Hills, Neighborhood, Ocean, Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Off Street, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Monterey High School, Public District Grades 9-12
  • Monte Vista, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Drake

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,638,000
  • Price Per SqFt: $1,149/SqFt

Tax Information:

  • Annual Amount: $3,350
  • Tax Year: 2021
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Housing Market Comparison

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

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Monterey, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$730

Avg. Days On Market

45

# of Sold Homes

19

401 Laine St vs Monterey

25 DAYS ON ROCKET

-20 Days

$1,638,000

+$544K More

$1,149/SqFt

+$418 More

KEY TAKEAWAY

This property is $544K more than the Median Sold Price and $418/SqFt more than other homes in Monterey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81977573

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 624-1566
  • Listing Agent: Jacqueline B Adams

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: 9/16/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,350$303,854
2020$3,224$300,739
2019$3,244$294,843
2018$3,008$289,062
2017$3,008$283,395

History based on county public records data.

Payment Calculator

$8,243

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,977

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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.

Elementary School

school-card-donut-2325370
5
/10

  • Monte Vista

  • 251 Soledad Dr

  • 1.53 miles

  • Public District Grades KG-5

High School

school-card-donut-2325371
8
/10

  • Monterey High School

  • 101 Herrmann Dr

  • 1.06 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,657. The majority of Monterey, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 Laine St

What is the listing price of this property?

The listing price of 401 Laine St property is $1,638,000.

What type of property is this?

The property 401 Laine St is a house located in Monterey, California, 93940.

Is this property for sale now?

Sale Pending: 401 Laine St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 401 Laine St are:
Monte Vista: GreatSchools Rating 5/10
Monterey High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,350 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 401 Laine St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 401 Laine St is 1,425 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Laine St is 1933.

Rocket Homes›California›Monterey County›Monterey›93940›401 Laine St

This home is located at 401 Laine St in Monterey, CA and zip code 93940. This 1,425 square foot home, which was built in 1933, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,638,000.

Over 3 listings were sold over their listed price in August 2024 in Monterey, CA. In the same period over 9 listings were sold below the listed price and 6 listings were sold for the listed price. Between July 2024 and August 2024, Monterey, CA real estate market has seen increase in the number of listings by 8%. While the average time on the market in August 2024 was 45 days, the median list price was $1,094,000.

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

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