Rare opportunity to own well performing historic building at the start of main street w/ private parking.Many long term tenants. Bldg is on a Land Lease expiring December 31, 2059.Tenants include Super Cuts and Pacific Valley Bank. The former Home of CA GOVERNOR ALVARADO-A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842.
Sold for $3,465,000
Street View
Tax assessed value
$3,465,000
486 Alvarado St, Monterey, CA 93940
--beds
--baths
10,082sqft
SingleFamily
Built in 1975
0.35 Acres Lot
$3,483,700 Zestimate®
$344/sqft
$4,310 Estimated rent
Home value
$3,483,700
$3.00M - $4.08M
$4,310/mo
Zestimate® history
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$4,310/mo
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$22,127/mo
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$22,127/mo
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Facts & features
Interior
Interior area
- Total interior livable area: 10,082 sqft
Property
Lot
- Size: 0.35 Acres
Details
- Parcel number: 001572019000
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1975
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $3,465,000
- Annual tax amount: $47,624
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $3,465,000+166.5%$344/sqft |
Source: Public Record Report a problem | ||
| 7/31/2014 | Sold | $1,300,000$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $47,624 +79.4% | $3,465,000 +47% |
| 2024 | $26,550 -5.4% | $2,356,561 +2% |
| 2023 | $28,064 +0.9% | $2,310,355 +2% |
| 2022 | $27,801 +2.1% | $2,265,055 +2% |
| 2021 | $27,217 +3.5% | $2,220,643 +1% |
| 2020 | $26,289 -4.3% | $2,197,874 +2% |
| 2019 | $27,464 +3.7% | $2,154,779 +2% |
| 2018 | $26,472 +7.1% | $2,112,530 +2% |
| 2017 | $24,712 +1.6% | $2,071,109 +2% |
| 2016 | $24,320 +13.5% | $2,030,500 +1.5% |
| 2015 | $21,423 | $2,000,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 6/10Monte VistaGrades: K-8Distance: 1 mi
- 8/10Monterey High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$3,483,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,483,700
- California
- Monterey County
- Monterey
- 93940
- Downtown
- 486 Alvarado St
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