4 months on rocket

940 Madison St, Monterey, CA, 93940

$150,000

0.09 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewTrees/Woods
MLS #ML81946672
Lot Size0.09 Acres
StatusActive

About 940 Madison St

Nestled within the charming Old Town area, you'll discover a quaint residential enclave ensconced by the natural beauty of Oak and Pine Trees, complemented by the soothing presence of a seasonal stream. We are excited to present two adjacent residential lots available for sale, identified by their respective APN numbers: 001-333-014 and 001-333-017. Each of these lots generously spans 4000 square feet, with dimensions of 40' x 100'. In addition, the adjacent lot at 930 Madison is also available at the same list price. It's important to note that, at present, there are no available water credits for the Monterey area, and no new water meters are being allocated. Neither of these lots comes with water credits.

Property Details

Property Features

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 624-1566
  • Listing Agent: Lisa Porch

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • Monterey High School, Public District Grades 9-12
  • Walter Colton, Public District Grades 6-8
  • Monte Vista, Public District Grades KG-5

Other

Directions Information:

  • Directions: Drive west on Madison Street from Pacific Street. Stay left at the top of the hill on Madison and follow the road as it narrows and goes down hill & back up. The signs for both lots will be on the right hand side or north side. Cross Street: Monroe

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000

Tax Information:

  • Annual Amount: $123
  • 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

$716

Avg. Days On Market

23

# of Sold Homes

12

940 Madison St vs Monterey

128 DAYS ON ROCKET

+105 Days

$150,000

-$900K Less

KEY TAKEAWAY

This property is $900K less than the Median Sold Price in Monterey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81946672

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 624-1566
  • Listing Agent: Lisa Porch

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: 4/29/2024, 7:25:18 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

Feb 19, 2021Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$123$8,989
2020$118$8,897
2019$119$8,723
2018$111$8,552
2017$111$8,385

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-2974458
6
/10
  • Monte Vista

  • 251 Soledad Dr

  • 0.75 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2974459
4
/10
  • Walter Colton

  • 100 Toda Vista Dr

  • 0.64 miles

  • Public District Grades 6-8

High School

school-card-donut-2974460
7
/10
  • Monterey High School

  • 101 Herrmann Dr

  • 0.33 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,261. Residents of Monterey, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Madison St

What is the listing price of this property?

The listing price of 940 Madison St property is $150,000.

What type of property is this?

The property 940 Madison St is land located in Monterey, California, 93940.

Is this property for sale now?

Active Listing: 940 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 940 Madison St are:
Monte Vista: GreatSchools Rating 6/10
Walter Colton: GreatSchools Rating 4/10
Monterey High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $123 (source: MLS/based on county public records data).

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

The last sale was on February 19, 2021 for $75,000. (source: MLS/tax record).

How much acreage is this property?

The property 940 Madison St is 0.09 acres.
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Rocket HomesCaliforniaMonterey CountyMonterey93940940 Madison St

This home is located at 940 Madison St in Monterey, CA and zip code 93940. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since December 23, 2023 and is currently priced at $150,000.

Over 3 listings were sold over their listed price in March 2024 in Monterey, CA. In the same period over 3 listings were sold below the listed price and 5 listings were sold for the listed price. In March 2024 in Monterey, CA there were 16.9% more homes for sale than in February 2024. While the average time on the market in March 2024 was 23 days, the median list price was $1,050,000.

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

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