551 Foam Street

Monterey, CA 93940

$1,150,000
Last Sold Price
Beds
2,913 Sq. Ft.
$395 / Sq. Ft.
2,913
Sq. Ft.
$395
per Sq. Ft.

Description

Ready to build! Approved plans and permits included in sale. Cannery Row Mixed-Use Commercial Building Ready For Luxury Residential Conversion. Creative loft space perfect for owner/user or implement plans to develop two luxury residential units featuring modern design and panoramic ocean views from rooftop deck. Great location within walking distance to shops, restaurants, and Monterey Bay Aquarium.Ready to build! Approved plans and permits included in sale. Cannery Row Mixed-Use Commercial Building Ready For Luxury Residential Conversion. Creative loft space perfect for owner/user or implement plans to develop two luxury residential units featuring modern design and panoramic ocean views from rooftop deck. Great location within walking distance to shops, restaurants, and Monterey Bay Aquarium.
  1. Listed by Dean Hoffman • DRE #01473215 • Academy Realty • 831-277-2617

Property Details for 551 Foam Street

MLS City Name
MONTEREY
Building Type
OTHER
Style
Contemporary
Garage Spaces
1
Parking Spaces
0
Cross Street
Hoffman Ave.

Location

Listing Courtesy of Academy Realty, Dean Hoffman, DRE #01473215

Sold By Academy Realty, Dean Hoffman, DRE #01473215

Add your commute
LISTING UPDATED: 06/22/2021 05:07 PM

Property Details for 551 Foam Street

StatusSold
MLS #ML81839356
Days on Compass48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1981
Lot Size0.04 AC / 1,860 SF
CountyMonterey County

Location

Listing Courtesy of Academy Realty, Dean Hoffman, DRE #01473215

Sold By Academy Realty, Dean Hoffman, DRE #01473215

Add your commute

Building Information for 551 Foam Street

Stories2Residences-Year Built1981Lot Size0.04 AC / 1,860 SF

Payment Calculator

$7,367 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,091

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 551 Foam Street

Features
Features
  • Fireplace: No
  • Living SqFt: 2913
  • Pool: No
  • Security Features: Other
  • Special Features: None
Utilities
  • Cooling: Other
  • Heating: Other
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Other
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Cannery Row/Lighthouse Business District
  • Roof: Tar and Gravel
  • Subclass: Mixed Use or Other Multi-Unit
  • Year Built Source: Assessor
  • Street Number: 551
  • Street Name: Foam
  • Street Suffix: Street
  • Area ID: 111
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2913
  • Structure SqFt Source: Assessor
  • Age: 40
Development Information
  • Zoning Detail: Mixed use commercial/Condominiums
Location Information
  • City Limits: Yes
  • Parcel Number: 001-062-017-000
  • County Name: Monterey
  • City Name: MONTEREY
  • City Postal ID: 38
  • Postal Code: 93940
  • Elementary School District: 438
  • High School District Text: Monterey Peninsula Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .04
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: .00
  • Tenant Expenses: Other
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: None
  • Income Annual Gross: $0
  • Income Annual Rental: $0
  • Income Gross Scheduled: $0
  • Income Other: $0

Property History for 551 Foam Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 551 Foam Street

Taxable ValueLand$416,160Additions$780,300Total$1,196,460
Tax Record2023$13,098 ($1,091 / month)
Home Facts
Baths1Total Finished SqFt2,913 SqFtAbove Grade Finished SqFt2,913 SqFtStories2Lot Size1,860 SqFtStyleOffice BuildingYear Built1981CountyMONTEREYAPN001-062-017-000Fireplace TypeHas Fireplace

Schools near 551 Foam Street

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Monte Vista
PublicK to 5

Monterey High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Academy Realty, Dean Hoffman, DRE #01473215

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.