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Sold for $401,948 on 06/29/23
  • $401,948

    585 Laine St APT 7, Monterey, CA 93940

    2beds
    753sqft
    Condominium, Residential
    Built in 2007
    -- sqft lot
    $518,100 Zestimate®
    $534/sqft
    $3,052 Estimated rent

    Home value

    $518,100

    $477,000 - $565,000

    $3,052/mo

    Zestimate® history
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    $2,880/mo

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    What's special

    Affordable housing by the City of Monterey. Buyer can not have owned a home in last 3 years and there are income limits depending on family size. Single parent income limit is $86,500, Couple with 1 child $97,300, Couple with 2 kids $108,100. Single parent or couple with kids. New carpet, fresh paint and great location above Cannery Row. Buyers must fill out application, get it to the City for approval with their lender approval letter and documents in the application to be approved before making an offer. Call or Email me for an application.

    Zillow last checked: 8 hours ago

    Listing updated: June 30, 2023 at 07:18am

    Listed by:

    Dean Provence 00833476 831-277-8622,

    Sotheby’s International Realty 831-372-7700

    Bought with:

    , 02141408

    eXp Realty of California Inc

    Source: MLSListings Inc,MLS#: ML81921342MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Features: BedroomonGroundFloor2plus
    Bathroom
    • Features: ShoweroverTub1
    Dining room
    • Features: DiningAreainLivingRoom
    Family room
    • Features: NoFamilyRoom
    Kitchen
    • Features: _220VoltOutlet, ExhaustFan
    Heating
    • Central Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Exhaust Fan, Disposal, Refrigerator, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Carpet, Vinyl Linoleum
    Interior area
    • Total structure area: 753
    • Total interior livable area: 753 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: On Street
    • Carport spaces: 1
    Accessibility
    • Accessibility features: Customized Wheelchair Accessible
    Features
    • Stories: 1
    Details
    • Parcel number: 001996007000
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Monterey

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $405 monthly

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    6/29/2023Sold$401,948+57.6%$534/sqft
    Source: MLSListings Inc #ML81921342
    4/30/2008Sold$255,000$339/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$4,928 +8.3%$418,185 +2%
    2024$4,552 +28.4%$409,986 +27.6%
    2023$3,546 +1.5%$321,424 +2%

    Find assessor info on the county website

    Neighborhood: New Monterey

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MontereyPeninsulaUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $518,100
    2% more+ $10,362
    With Zillow Showcase(estimated)
    $528,462