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Sold for $1,200,000
    • $1,200,000

    947 W Franklin St, Monterey, CA 93940

    6beds
    2,063sqft
    Single Family Residence, Residential
    Built in 1928
    6,860 Square Feet Lot
    $1,200,400 Zestimate®
    $582/sqft
    $6,491 Estimated rent

    Home value

    $1,200,400

    $1.07M - $1.34M

    $6,491/mo

    Zestimate® history
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    What's special

    This "fixer upper" ornate Queen Anne Victorian with spectacular views of Monterey Bay from high, in "Old Town Monterey Heights" is perfect for inspiration and creativity. With separate water and PG&E meters for 2 buildings on one property, the main residence offers 4 beds, 2.5 baths, and just over 2,000 SF of living space. Showcasing timeless architectural details, beautiful woodwork, and a rustic stone fireplace, this house has class. While public records list the construction date as 1928, there is speculation it may date back to 1907. Cherished by the same family for more than 50 years, the property presents a rare opportunity to restore a Victorian home to its original grandeur. Adding to its appeal is a 935 SF potential art studio in the 3rd floor attic with an adjoining sun deck. The 800 SF rear house is a real asset, with 2 bedrooms, 2 baths, ideal for extended family, rental income, or creative use. Another bonus is ample driveway parking for up to 7 cars and a garage/shop.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shankle RE Team 70010260 831-915-2800,

    Sotheby’s International Realty 831-624-1566

    Bought with:

    Yvonne Foletta, 02210848

    eXp Realty of California Inc

    Source: MLSListings Inc,MLS#: ML82047458MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Dining room
    • Features: BreakfastBar, DiningArea
    Family room
    • Features: SeparateFamilyRoom
    Heating
    • Fireplace(s), Floor Furnace
    Cooling
    • None
    Appliances
    • Included: None, Other
    • Laundry: Other, Inside
    Features
    • Flooring: Hardwood, Wood
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 2,063
    • Total interior livable area: 2,063 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Off Street, On Street, Parking Area
    Features
    • Stories: 2
    Lot
    • Size: 6,860 Square Feet
    Details
    • Additional structures: Zoned2ndUnit
    • Parcel number: 001342005000
    • Zoning: Multi
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Concrete Perimeter, Crawl Space
    • Roof: Composition, Shingle
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Water: Public
    • Utilities for property: Water Public

    Community & HOA

    Location
    • Region: Monterey

    Financial & listing details

    • Price per square foot: $582/sqft
    • Tax assessed value: $214,786
    • Date on market: 5/15/2026
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    8/11/2026Sold$1,200,000-19.5%$582/sqft
    Source: MLSListings Inc #ML82047458 Report a problem
    8/2/2026Pending sale$1,490,000$722/sqft
    Source: MLSListings Inc #ML82047458 Report a problem
    7/22/2026Contingent$1,490,000$722/sqft
    Source: MLSListings Inc #ML82047458 Report a problem
    6/29/2026Price change$1,490,000-9.1%$722/sqft
    Source: MLSListings Inc #ML82047458 Report a problem
    6/16/2026Price change$1,640,000-6.3%$795/sqft
    Source: MLSListings Inc #ML82047458 Report a problem
    5/15/2026Listed for sale$1,750,000$848/sqft
    Source: MLSListings Inc #ML82047458 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $214,786 +2%
    2025$2,659 +9.1%$210,575 +2%
    2024$2,437 +72%$206,447 +68.6%
    2023$1,417 +1.4%$122,468 +2%
    2022$1,397 +1.5%$120,067 +2%
    2021$1,377 +3.6%$117,714 +1%
    2020$1,330 -3.9%$116,507 +2%
    2019$1,384 +3.7%$114,223 +2%
    2018$1,334 +7.2%$111,984 +2%
    2017$1,245 +1.8%$109,789 +2%
    2016$1,223 +3.1%$107,637 +1.5%
    2015$1,187 $106,022 +2%
    2014$1,187 $103,946 +2.5%
    2012-- $101,449 +2%
    2011-- $99,461 +0.8%
    2010-- $98,719 -0.2%
    2009-- $98,954 +2%
    2008-- $97,014 +2%
    2007-- $95,113 +2%
    2006-- $93,249 +2%
    2005-- $91,422 +2%
    2004-- $89,630 +1.9%
    2003-- $87,988 +2%
    2002-- $86,264 +2%
    2001$793 $84,573 +2%
    2000-- $82,914
    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby homes

    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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    Estimated market value
    $1,200,400
    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
    $1,200,400

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