SOLD 03/29/2024
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Home sold for $1,750,000 in 60 days
1003 W Franklin St Monterey, CA, 93940
Off the market 4 beds 2 full + 1 half baths 3,027 sqft
Sitting high on the hill and watching over Old Town Monterey for more than a century, this classic 1916 Craftsman home on an oversized lot is awaiting its new owner. Walking in the front door to the main level you are greeted by a huge living room that has hosted many get togethers. Also on the main level you will find a formal dining room, spacious kitchen with eating area, family room, a bedroom and a full bath. Upstairs there are three more bedrooms, a full bathroom, walk-in closet and laundry area. Owned by the same family for over 50 years, this residence offers over 3,000 square feet of living space and a 600 square foot unfinished basement. A three car detached garage sits at the back of the large 1/4 acre+ lot and there is plenty of additional parking space on the paver driveway. The house is also equipped with a leased solar system to keep energy costs down. Enjoy fantastic views of the Monterey Bay and city lights from the second floor as well as views from the main level and sunny deck. Some tree trimming will add to the already wonderful views. Located within walking distance to downtown Monterey, this spectacular property offers a unique opportunity for new owners to add their personal touches and enjoy life in this grand property on the hill.
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Property details
3,027 sqft interior area
Property type
Home
Interior area
3,027 sqft
View
Bay, Mountain(s)
Land area
12,797 sqft (0.29 acres)
Price per sqft
$578/sqft
Address
1003 W Franklin St, Monterey, CA, 93940
City of California
Monterey
County
Monterey
Sold price
$1,750,000
nr.of parking places
3
Style
Craftsman
Stories
2
Year Built
1916
District
Listing
Stories
Two Story
Open Houses
No upcoming open houses
Interior Features
3 parking places, Hardwood, Laminate floors
Beds
4
Baths
2 full + 1 half
Floors
Hardwood, Laminate
Stories
Two Story
Parking
3
Garage & Parking
Off Street
# of fireplaces
2
Fireplaces
Wood Burning
Laundry Features
Dryer, Washer
Heathing & Cooling
None, Forced Air
Kitchen features
Counter - Tile, Dishwasher, Double Oven, Garbage Disposal, Gas Range/Cooktop, Pantry
Other rooms
Family Room, Formal Dining Room, Tile Counters, Pantry
Appliances
Dishwasher, Double Oven, Disposal, Gas Range
Listed by
Jim Lowell, The Agency
Name
Jim Lowell
License number
00883474
Brokerage company
The Agency
MLS #
ML81952817
Buyer agent
Name
Mike Meza
Brokerage company
Sotheby's International Realty
Payment calculator
Calculate your monthly payments
Mortgage
$5,373
Taxes
$0
HOA dues
$0
Mortgage
$350,000 / 20%
2.28%
30 years
Your amount
$5,373 / month
Exterior Features
Shingle roof
Roof
Shingle
Lot details
TMK #001341004000
Parcel nr.
001341004000
93940 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93940
34%
Families with children
National average: 39%
42%
Non family households
103,580
Population
$128,659
Average Income
Age & gender
Median age 49 years
More info
Commute types
76% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
5% work in education and healthcare
More info
Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for
$1.63m
Neighborhood average
sales price*
sales price*
$1.35m
Neighborhood median
sales price*
sales price*
185
Number
of sales*
of sales*
Housing type
60% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
63% have 2 or 3 bedrooms
More info
Owners vs Renters
56% are owners
More info
7.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 29, 2024 | Sold | $1,750,000 | 578.13 | Public Record |
| Mar 29, 2024 | Price Decrease | $1,750,000 -2.51% | 578.13 | MLS #ML81952817 |
| Feb 6, 2024 | Under contract | $1,795,000 | 593 | MLS #ML81952817 |
| Jan 30, 2024 | New Listing | $1,795,000 | 593 | MLS #ML81952817 |
Taxes of 1003 W Franklin St, Monterey, CA, 93940
R-1- zoning / MLS #ML81952817
Zoning
R-1-
Agent viewpoints of 1003 W Franklin St, Monterey, CA, 93940
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Frequently Asked Questions about 1003 W Franklin St
What is 1003 W Franklin St?
1003 W Franklin St, Monterey, CA, 93940 is a single family home located in the city of Monterey, California with zipcode 93940. This single family home has 4 bedrooms & 2 full bathrooms + & 1 half bathroom with an interior area of 3,027 sqft.
Which year was this home built?
This home was build in 1916.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
1003 W Franklin St, Monterey, CA, 93940.
Are grocery stores nearby?
The closest grocery stores are Trader Joe's, 0.71 miles away and Safeway 0761, 0.91 miles away.
What is the neighborhood like?
The 93940 zip area has a population of 103,580, and 34% of the families have children. The median age is 49.37 years and 76% commute by car. The most popular housing type is "single detached" and 56% is owner.
Based on information from the bridgeMLS as of 04-29-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 31, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Trader Joe's, 0.71 miles away and Safeway 0761, 0.91 miles away.
The 93940 zip area has a population of 103,580, and 34% of the families have children. The median age is 49.37 years and 76% commute by car. The most popular housing type is "single detached" and 56% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
