Moni Test Presentation

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Comparative Market Analysis 59 First Street, Spreckels, California 93962 Richard D Gutierrez MARCH 7, 2024 Monica Figueroa Berkshire Hathaway HS Real Time Realty

What is a CMA

No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful.

What is a CMA? The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

How is the CMA created?

How accurate are CMAs?

CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.

The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changingnew listings, pending sales, closed sales, price reductions, and expired listings.

CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen. That means some features may not be included.

As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice.

Comparative Market Analysis 59 First Street, Spreckels, California 93962
Hathaway HS Real Time Realty
monyrealty@gmail.com | DRE # 01756509 3
Monica Figueroa Berkshire
Cell: 831-809-1458
STATUS: S = CLOSED B = ACTIVE UNDER CONTRACT A = ACTIVE MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 59 First St - - -2 ML81938482 S 18181 Stonegate Court 3 2.00 1,114.0 $780,000 3 ML81935555 S 18067 Stonehaven 3 3.00 1,716.0 $828,000 4 ML81951539 S 21416 Riverview Court 5 3.00 2,537 0 $985,000 5 ML81948342 S 25214 Azalea Court 4 3.00 1,831.0 $845,000 6 ML81949810 B 84 Railroad Avenue 2 2.00 2,278.0 $960,000 7 ML81952916 B 17747 Riverbend Road 3 2.00 1,786.0 $875,000 8 ML81953304 A 25235 Azalea Court 4 3.00 1,831.0 $865,000 9 ML81953246 B 90 Third Street 3 2.00 2,099.0 $930,000 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 4
Map of Comparable Listings

Summary of Comparable Properties

ADDRESS SOLD DATE BEDS BATHS SQFT SOLD PRICE $/SQ.FT 18181 Stonegate Court 9/29/23 3 2.00 1,114.0 $780,000 $700 18067 Stonehaven 1/10/24 3 3.00 1,716.0 $828,000 $483 21416 Riverview Court 1/16/24 5 3.00 2,537.0 $985,000 $388 25214 Azalea Court 1/26/24 4 3.00 1,831.0 $845,000 $461 Averages 1,799 $859,500 $508 B BACKUP OFFER LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 84 Railroad Avenue 3/15/24 2 2.00 2,278.0 $960,000 $421 17747 Riverbend Road 3/20/24 3 2.00 1,786.0 $875,000 $490 90 Third Street 3/16/24 3 2.00 2,099 0 $930,000 $443 Averages 2,054 $921,666 $451 A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 25235 Azalea Court - 4 3.00 1,831.0 $865,000 $472 Averages 1,831 $865,000 $472 Comparative Market Analysis 59 First Street, Spreckels, California 93962
Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 5
S SOLD LISTINGS
Monica

$780,000

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 2.0

Features

Association Name:

Stonegate at Las Palmas

Ranch

Association Y N: Yes

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.500

Remarks

MLS #ML81938482

Acres: 0.081

Lot Size (sqft): 3,527

Garages: 2

List date: 8/15/23

Sold date: 9/29/23

Off-market date: 8/28/23

Updated: Sep 30, 2023 8:54 AM

List Price: $759,000

Orig list price: $759,000

Assoc Fee: $215

School District: Other

Contract Status Change

Date: 2023-09-29T00:00:00

Cooling: None

Foundation Details: Slab

Heating: Central

Parking Total: 2

Property Attached Yes/No: No

Roof: Tile

Sewer: Public Sewer

Special Listing Conditions: Standard

Virtual Tour: View

Water Source: Public

Year Built Source: Assessor

Zoning: R-1

Located in the highly sought-after Las Palmas II community, an immaculate single-level residence awaits your arrival. This turnkey beauty has 3 beds and 2 baths filled with an abundance of natural light and pride of home ownership throughout. Tasteful upgrades include new floors, new interior paint, and a beautiful updated primary

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com

| DRE # 01756509

18181 Stonegate Court Salinas, CA 93908
3 Beds 2.00 Baths 1,114.0 Sq. Ft. ($700 / sqft) CLOSED 9/29/23 Year Built 1996 Days on market: 12
Comparative Market Analysis 59 First Street, Spreckels, California 93962
6

bathroom that will have you at "Hello." The meticulous front and back yards are on a drip system and showcase beauty all around. Close proximity to walking trails, swimming pool, Buena Vista Middle School, coveted Spreckels School District, and easy highway access to Monterey Peninsula's finest amenities make 18181 Stonegate Ct. your place to call home.

Courtesy of Keller Williams, Inc. Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Market Analysis 59 First Street, Spreckels, California
Comparative
93962
7
18181 Stonegate Court Salinas, CA 93908 MLS #ML81938482 $780,000 3 Beds 2.00 Baths 1,114.0 Sq. Ft. ($700 / sqft) CLOSED 9/29/23 Year Built 1996 Days on market: 12 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 8

18067

$828,000

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 2.0

Half baths: 1.0

Features

Association Name: Las Palmas

Association Y N: Yes

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.500

Construction Materials:

Stucco

Contract Status Change

Date: 2024-01-10T00:00:00

Acres: 0.103

Lot Size (sqft): 4,487

Garages: 2

List date: 7/20/23

Sold date: 1/10/24

Off-market date: 1/10/24

Updated: Jan 10, 2024 8:10 AM

List Price: $839,900

Orig list price: $849,900

Assoc Fee: $215

School District: Other

High: Salinas

Middle: Other

Elementary: Other

Cooling: None

Flooring: Carpet, Laminate, Tile

Foundation Details: Slab

Listing Terms: FHA

Parking Total: 2

Pool Features: Community

Pool Private Y N: No

Possession: Negotiable

Property Attached Yes/No: No

Roof: Concrete

Bathroom Features: Double sinks in bath(s)

Kitchen Features: Tile Counters

Room Type: Retreat, Den, Loft

Sewer: Public Sewer

Spa Features: Community

Special Listing Conditions: Standard

Virtual Tour: View

Water Source: Public

Year Built Source: Assessor

Zoning: R-1

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Stonehaven Salinas, CA 93908
MLS #ML81935555
3 Beds 3.00 Baths 1,716.0 Sq. Ft. ($483 / sqft) CLOSED 1/10/24 Year Built 1996 Days on market: 119
Comparative Market Analysis 59 First Street, Spreckels, California 93962
9

Remarks

This charming 2-story house is nestled within the popular Las Palmas subdivision off River Rd. Boasting a comfortable and spacious design. Step inside to discover a warm and inviting interior, featuring 3 bedrooms and 2.5 with open loft area. Perfect for a home office. The master suite offers an en-suite bath and walk-in closet. The main floor showcases an open-concept layout, seamlessly connecting the living room, dining area, and kitchen. Sunlight floods the space through large windows, highlighting the tile floors and giving a cozy feeling. The kitchen is wellappointed and equipped with modern appliances, ample counter space, and a convenient breakfast bar. Entertain in the dining area or extend the gathering to the outdoor patio for dining and entertaining guests. The property also features a well-maintained backyard and is perfect for outdoor and gardening activities. Located in a family-friendly neighborhood, this house offers easy access to nearby schools and parks.

Courtesy of Town'N Country Realty

Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Comparative Market Analysis 59 First Street, Spreckels, California 93962
10
18067 Stonehaven Salinas, CA 93908 MLS #ML81935555 $828,000 3 Beds 3.00 Baths 1,716.0 Sq. Ft. ($483 / sqft) CLOSED 1/10/24 Year Built 1996 Days on market: 119 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 11

MLS #ML81951539

$985,000 5

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 3.0

Features

Association Name: Las Palmas I

Association Y N: Yes

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.000

Acres: 0.1384

Lot Size (sqft): 6,029

Garages: 2

List date: 1/16/24

Sold date: 1/16/24

Off-market date: 1/16/24

Updated: Jan 16, 2024 3:48 AM

List Price: $999,000

Orig list price: $999,000

Assoc Fee: $162

School District: Other

Contract Status Change

Date: 2024-01-16T00:00:00

Flooring: Carpet, Laminate, Tile

Foundation Details: Slab

Heating: Central

Parking Total: 2

Property Attached Yes/No: No

Roof: Concrete

Sewer: Public Sewer

Special Listing Conditions: Standard

Virtual Tour: View

Water Source: Public

Year Built Source: Assessor

Zoning: R-1

Remarks

Fantastic opportunity to own this 5 bedroom 3 bathroom home in the gated community of Las Palmas I. The home has an open floorplan and high vaulted ceilings. It has been nicely remodeled to include quartz countertops, stainless steel appliances and painted cabinetry in kitchen, new luxury wood laminate flooring throughout, ground

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Riverview
21416
Court Salinas, CA 93908
Beds 3.00 Baths
1/16/24 Year
2,537.0 Sq. Ft. ($388 / sqft) CLOSED
Built 1989 Days on market: 0
Comparative Market Analysis 59 First Street, Spreckels, California 93962
12

floor bedroom and full bathroom perfect for guests or in-laws, fully remodeled master bathroom with large soaking tub, his and hers separate vanities, glass door shower stall with new tile, walk in closet and large second story deck off of master and fully remodeled hall bathroom. The property is located in a cul de sac and backs up to a greenbelt that provides walking and hiking trails and is close to a community basketball court and park. This is truly a remarkable property to call home!

Courtesy of Agency One Real Estate Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Comparative Market Analysis 59 First Street, Spreckels, California 93962
13
21416 Riverview Court Salinas, CA 93908 MLS #ML81951539 $985,000 5 Beds 3.00 Baths 2,537.0 Sq. Ft. ($388 / sqft) CLOSED 1/16/24 Year Built 1989 Days on market: 0 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 14

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 2.0

Features

Association Name:

Summerhill

Association Y N: Yes

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.500

Contract Status Change

Date: 2024-01-26T00:00:00

Remarks

Half baths: 1.0

Acres: 0.1433

Lot Size (sqft): 6,244

Garages: 2

List date: 12/7/23

Sold date: 1/26/24

Off-market date: 1/12/24

Updated: Jan 26, 2024 2:26 AM

List Price: $875,000

Orig list price: $875,000

Assoc Fee: $225

School District: Other

Cooling: None

Foundation Details: Slab

Heating: Central

Parking Total: 2

Pool Features: Community

Pool Private Y N: No

Possession: Close Of Escrow

Property Attached Yes/No: No

Roof: Tile

Sewer: Private Sewer

Spa Features: Community

Special Listing Conditions: Standard

Virtual Tour: View

Water Source: Public

Year Built Source: Assessor

Zoning: LDR

Wonderful opportunity to own this spacious 4 bed 2.5 bathroom home in the gated community of Las Palmas II. The home features high ceilings, new luxury wood laminate flooring throughout, all new windows, new energy efficient

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com

Salinas, CA 93908
#ML81948342
4 Beds 3.00 Baths 1,831.0 Sq. Ft. ($461 / sqft) CLOSED 1/26/24 Year Built 1998 Days on market: 16
25214 Azalea Court
MLS
$845,000
Comparative Market Analysis 59 First Street, Spreckels, California 93962
| DRE # 01756509 15

stainless steel microwave, range/oven and dishwasher, 2 fireplaces and a large patio and fully landscaped backyard that is perfect for entertaining. The home is conveniently located in a cul de sac and within walking distance to the community pool, hiking trails and park. This is truly a remarkable property to call home!

Courtesy of Agency One Real Estate Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Comparative Market Analysis 59 First Street, Spreckels, California 93962
16
25214 Azalea Court Salinas, CA 93908 MLS #ML81948342 $845,000 4 Beds 3.00 Baths 1,831.0 Sq. Ft. ($461 / sqft) CLOSED 1/26/24 Year Built 1998 Days on market: 16 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 17

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 2.0

Features

Association Y N: No

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.500

Contract Status Change

Date: 2024-02-17T00:00:00

Flooring: Carpet, Tile, Wood

Acres: 0.1458

Lot Size (sqft): 6,350

Garages: 2

List date: 12/15/23

Backup Offer date: 3/15/24

Updated: Feb 17, 2024 6:54

AM

List Price: $960,000

Orig list price: $970,000

School District: Other

Foundation Details:

Concrete Perimeter

Heating: Fireplace(s)

Listing Terms: FHA

Parking Total: 4

Possession: Close Of

Escrow

Property Attached Yes/No: No

Roof: Composition, Shingle

Bathroom Features: Double sinks in bath(s)

Kitchen Features: Granite Counters, Kitchen Island

Room Type: Retreat, WalkIn Closet, Laundry

Sewer: Public Sewer

Special Listing Conditions: Standard

View: Mountain(s)

Virtual Tour: View

Water Source: Public

Year Built Source: Assessor

Zoning: R1

Remarks

Gorgeous quaility rebuilt home completed in 2007. Spectacular chef's kitchen with 2 Jenn-Air ovens, lots of granite countertop space, Stainless Steel appliances, oversized island with bar stool sitting space, custom designed soft

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com

84 Railroad Avenue Spreckels, CA 93962
2 Beds 2.00 Baths 2,278.0 Sq. Ft. ($421 / sqft) ACTIVE UNDER CONTRACT 3/15/24 Year Built 1923 Days on market: 50
MLS #ML81949810 $960,000
Comparative Market Analysis 59 First Street, Spreckels, California 93962
| DRE # 01756509 18

close cabinetry & under cabinet lighting skylight! Primary bedroom is HUGE--The entire 2nd floor with 2 big walkin, 2 sliders to tiled balcony with farming/mountain views, Hunter Douglas blk out shades on sliders, bathroom has granite counters, custom cabinetry, 2 separate sinks with vanity counter, floor to high ceiling shower stall & granite surround Jacuzzi tub. Bedroom downstairs has 2 double door closets & jack/jill bathroom with granite counter, floor to ceiling tiled shower stall & custom cabinets. Laundry room has front load washer&dryer, custom cabinetry with under cabinet lighting & built in sink. Kolbe & Kolbe double pane & double hung windows/glass sliders, Masonite interior molded panel solid doors, plantation shutters, recessed lighting & motion sensor lights in laundry, both walk-in closets & both bathrooms. Both Living room & Primary bedroom have Lopi gas log fireplace inserts for extra heating. Slaton Roofing 40 yr roof. 2 car tandem garage with drive through/back garage door also. (SF/age/lot size/school no verified by listing agent)

Courtesy of Intero Real Estate Services Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

Comparative Market Analysis 59 First Street, Spreckels, California 93962
19
monyrealty@gmail.com | DRE # 01756509
84 Railroad Avenue Spreckels, CA 93962 MLS #ML81949810 $960,000 2 Beds 2.00 Baths 2,278.0 Sq. Ft. ($421 / sqft) ACTIVE UNDER CONTRACT 3/15/24 Year Built 1923 Days on market: 50 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 20

$875,000

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 2.0

Acres: 0.1087

Lot Size (sqft): 4,733

Garages: 2

List date: 1/31/24

Features

Association Name: Las Palmas Ranch 1

Association Y N: Yes

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.500

Contract Status Change

Date: 2024-02-27T00:00:00

Remarks

MLS #ML81952916

Backup Offer date: 3/20/ 24

Updated: Feb 27, 2024 10:24 PM

List Price: $875,000

Orig list price: $875,000

Assoc Fee: $162

School District: Other

High: Salinas

Middle: Other

Elementary: Other

Cooling: None

Flooring: Carpet, Tile

Foundation Details: Slab

Listing Terms: FHA, VA

Loan

Parking Total: 2

Possession: Close Of Escrow

Property Attached Yes/No: No

Roof: Concrete, Tile

Kitchen Features: Granite Counters

Sewer: Public Sewer

Special Listing Conditions: Standard

Virtual Tour: View

Water Source: Public

Year Built Source: Assessor

Zoning: SFR

Wonderful single story in coveted Las Palmas 1. Upon entering this home you will find the open floor plan you are looking for with a large living room and tall ceilings letting in wonderful natural light. The kitchen has granite bar-

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Riverbend Road Salinas, CA
17747
93908
3 Beds 2.00 Baths 1,786.0 Sq. Ft. ($490 / sqft) ACTIVE UNDER CONTRACT 3/20/24 Year Built 1990 Days on market: 27
Comparative Market Analysis 59 First Street, Spreckels, California 93962
21

style counters and solid updated cabinets. There is a convenient breakfast area close to the kitchen making this an easy place for conversations about the day to come! The family room has tile flooring and a warm fireplace with a double-door exit to outdoor fun in the backyard. Perfect for tending to a garden or a barbecue. Large primary suite with its own double doors to rear space. The primary bath has an updated walk-in shower and enclosure. Indoor laundry only adds to the appeal.

Courtesy of KW Coastal Estates Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Comparative Market Analysis 59 First Street, Spreckels, California 93962
22
17747 Riverbend Road Salinas, CA 93908 MLS #ML81952916 $875,000 3 Beds 2.00 Baths 1,786.0 Sq. Ft. ($490 / sqft) ACTIVE UNDER CONTRACT 3/20/24 Year Built 1990 Days on market: 27 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 23

$865,000

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Style: Spanish

Full baths: 2.0

Features

Accessibility Features:

None

Association Name: Summer Hill / Las Palmas 2

Association Y N: Yes

Attached Garage Y/N: Y

Buyer Agency

Compensation: 2.500

Construction Materials:

Stucco

Half baths: 1.0

Acres: 0.0822

Lot Size (sqft): 3,579

Garages: 2

List date: 2/2/24

Updated: Mar 5, 2024 7:10 AM

List Price: $865,000

Orig list price: $865,000

Assoc Fee: $230

School District: Other

High: Salinas

Middle: Other

Elementary: Other

Contract Status Change

Date:

2024-02-02T00:00:00

Cooling: Central Air

Flooring: Laminate, Wood

Foundation Details: Slab

Heating: Forced Air

Lot Features: Level

Parking Total: 2

Pool Features: Community, In Ground

Pool Private Y N: No

Possession: Close Of Escrow

Property Attached Yes/No: No

Roof: Concrete

Bathroom Features: Double sinks in bath(s)

Kitchen Features: Quartz Counters

Room Type: Walk-In Closet

Spa Features: Community, In Ground

Special Listing Conditions: Standard

View: Mountain(s), Neighborhood

Water Source: Public

Year Built Source: Assessor

Zoning: Res

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Salinas, CA 93908
25235 Azalea Court
MLS #ML81953304
4 Beds 3.00 Baths 1,831.0 Sq. Ft. ($472 / sqft) ACTIVE 2/2/24 Year Built 1998 Days on market: 32
Comparative Market Analysis 59 First Street, Spreckels, California 93962
24

Remarks

This Las Palmas 2 Summer Hill home is a blend of elegance and practicality. With four bedrooms and 2.5 bathrooms, it offers 1,831 square feet of well-designed living space. Freshly painted interiors and high ceilings create a welcoming atmosphere. Newly updated kitchen and laminated wood flooring throughout the downstairs, quartz countertops in the kitchen new appliances, sink and faucet, is ready for its new owners to enjoy it. All necessary repairs have been completed, and the hall bathroom upstairs has new flooring. The Primary Bedroom includes 2 spacious walk-in closet with custom-built cabinets for added convenience. Outside, the private yard is shaded by mature trees, providing a peaceful retreat. Residents can enjoy a community pool and a strong sense of community togetherness. Notably, the listing includes virtual staging in the pictures, allowing potential buyers to visualize how the space can be decorated to suit their preferences. This home combines design, functionality, and community for a well-rounded living experience. located in the desirable Spreckels Unified School District.

Courtesy of Cheetah Information is deemed reliable but not guaranteed.

Monica

Comparative Market Analysis 59 First Street, Spreckels, California 93962
Realty
831-809-1458 monyrealty@gmail.com | DRE # 01756509 25
Figueroa Berkshire Hathaway HS Real Time
Cell:
25235 Azalea Court Salinas, CA 93908 MLS #ML81953304 $865,000 4 Beds 3.00 Baths 1,831.0 Sq. Ft. ($472 / sqft) ACTIVE 2/2/24 Year Built 1998 Days on market: 32 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 26

Details

Prop Type: Single Family

Residence

County: Monterey

Area: 699 - Not Defined

Full baths: 2.0

Features

Association Y N: No

Attached Garage Y/N: N

Buyer Agency

Compensation: 2.500

Contract Status Change

Date: 2024-02-15T00:00:00

Direction Faces: Southwest

Flooring: Carpet, Wood

Acres: 0.1716

Lot Size (sqft): 7,474

Garages: 1

List date: 2/2/24

Backup Offer date: 3/16/24

Updated: Feb 16, 2024 9:05 AM

List Price: $930,000

Orig list price: $930,000

School District: Other

High: Salinas

Middle: Other

Elementary: Other

Foundation Details:

Concrete Perimeter

Heating: Fireplace(s)

Listing Terms: FHA, VA

Loan

Lot Features: Level

Parking Total: 1

Possession: Close Of Escrow

Property Attached Yes/No: No

Roof: Composition

Bathroom Features: Double sinks in bath(s), Granite Counters

Room Type: Bonus Room, Formal Entry, Laundry

Sewer: Public Sewer

Special Listing Conditions: Standard

View: Park/Greenbelt

Water Source: Public

Year Built Source: Other

Zoning: SFR

Remarks

Charming single story home in the heart of the story-book town of Spreckels. Rare single story home steeped in the

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com

90 Third Street Spreckels, CA 93962
#ML81953246
3 Beds 2.00 Baths 2,099.0 Sq. Ft. ($443 / sqft) ACTIVE UNDER CONTRACT 3/16/24 Year Built 1911 Days on market: 13
MLS
$930,000
Comparative Market Analysis 59 First Street, Spreckels, California 93962
DRE
01756509 27
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history of this idyllic little town. Maintaining the character of the factory built homes of the late 1800s and early 1900s this 3 bed, 2 bath home presents a relaxing ambiance. Peaceful views of the community park from the front porch & livingroom. Peaceful and tranquil sheltered back yard courtyard. Traditional, functional floor plan with large living and dining room and good sized bedrooms. Updated bathrooms, eat-in kitchen and laundry room. Abundance of cabinetry through out. Bonus sunroom overlooks a private, peaceful court yard and gardens between the house and single car garage with attached bonus room for storage, hobby, office or he/she shed etc. Whether you are sitting peacefully on the front porch, relaxing in the sunroom overlooking the sheltered court and yard garden, you can truly relax and enjoy the comfort of this quaint small town home.

Courtesy of Coldwell Banker Realty Information is deemed reliable but not guaranteed.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Comparative Market Analysis 59 First Street, Spreckels, California 93962
28
90 Third Street Spreckels, CA 93962 MLS #ML81953246 $930,000 3 Beds 2.00 Baths 2,099.0 Sq. Ft. ($443 / sqft) ACTIVE UNDER CONTRACT 3/16/24 Year Built 1911 Days on market: 13 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 29

Analysis

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

Comparable Property Statistics S 4 Sold Listings B 3 Backup Offer Listings A 1 Active Listings LOWEST $780,000 AVERAGE $859,500 HIGH $985,000 AVG PRICE / SQFT $508 AVG DOM 49 LOWEST $875,000 AVERAGE $921,666 HIGH $960,000 AVG PRICE / SQFT $451 AVG DOM 30 LOWEST $865,000 AVERAGE $865,000 HIGH $865,000 AVG PRICE / SQFT $472 AVG DOM 32 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 31

Sold Property Analysis

98.84%

Homes sold for an average of 98.84% of their list price.

49 Days on market

It took an average of 49 days for a home to sell.

Averages
ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 18181 Stonegate Court $759,000 $780,000 102.77% 12 $700 18067 Stonehaven $849,900 $828,000 97.42% 119 $483 21416 Riverview Court $999,000 $985,000 98.60% - $388 25214 Azalea Court $875,000 $845,000 96.57% 16 $461 Averages $870,725 $859,500 98.84% 49 $508 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 32
Analysis

Time To Sell

49 Days on Market

98.84%

of list price

Sold homes were on the market for an average of 49 days before they accepted an offer. These homes sold for an average of 98.84% of list price.

ADDRESS STATUS LIST PRICE SOLD PRICE DOM % OF LIST $ 1 18181 Stonegate Court Closed $759,000 $780,000 12 102.77% 2 18067 Stonehaven Closed $839,900 $828,000 119 98.58% 3 21416 Riverview Court Closed $999,000 $985,000 0 98.60% 4 25214 Azalea Court Closed $875,000 $845,000 16 96.57% 5 84 Railroad Avenue Active Under Contract $960,000 - 506 17747 Riverbend Road Active Under Contract $875,000 - 277 25235 Azalea Court Active $865,000 - 328 90 Third Street Active Under Contract $930,000 - 13Averages $887,863 $859,500 38 98.84% Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 33

Average Price Per Sq Ft

$508 Sqft.

Comparable homes sold for an average of $508 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.

ADDRESS STATUS SOLD PRICE SQ. FT $/SQ.FT 1 18181 Stonegate Court Closed $780,000 1,114 $700 2 18067 Stonehaven Closed $828,000 1,716 $483 3 21416 Riverview Court Closed $985,000 2,537 $388 4 25214 Azalea Court Closed $845,000 1,831 $461 5 84 Railroad Avenue Active Under Contract - 2,278 $421 6 17747 Riverbend Road Active Under Contract - 1,786 $490 7 25235 Azalea Court Active - 1,831 $472 8 90 Third Street Active Under Contract - 2,099 $443 Averages $859,500 1,899 $482 Comparative Market Analysis 59 First Street, Spreckels, California 93962 Monica Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 34

Closing

Monica Figueroa

Berkshire Hathaway HS Real Time Realty

The Value of Your Home

In a neighborhood of similar homes, why is one worth more than another? That's the question that's teased buyers and sellers for ages, but the answer is simple.

Every home is different

When a home is sold, a willing seller and a willing buyer determine the value of that home with the sale price. That price then becomes a benchmark for other similar homes, but other factors come into play. The most important are:

Location

The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is.

Size

Square footage impacts home value because a larger home is built using more materials, and gives the homeowner more usable space. And a larger lot size could mean more privacy than a smaller one.

Number of bedrooms and baths

Additional bedrooms and bathrooms raise the value of a home compared to similar homes that do not have those rooms.

Features and finishes

Features such as outdoor kitchens and spa baths make a home more luxurious. A home finished with hardwood floors and granite countertops is going to cost more than a home with carpet and laminate countertops.

Condition

The closer a home is to new construction, the more it will retain its value. It's perceived as more modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less as purchasers' factor in the cost of updating and eventually replacing appliances and systems.

Curb appeal

From the street, the home looks clean, fresh, and inviting. Fresh landscaping and flowers won't change the size or location, but they certainly add charm.

When two homes are identical in the same neighborhood, a higher price may come down to something as simple as views, paint colors, or the overall taste of the homeowner.

Cell: 831-809-1458

Comparative Market Analysis 59 First Street, Spreckels, California 93962
Berkshire Hathaway HS Real Time Realty
36
monyrealty@gmail.com | DRE # 01756509

Intelligent Pricing and Timing

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

• Fair market value attracts buyers, overpricing never does.

• The first two weeks of marketing are crucial.

• The market never lies, but it can change its mind.

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons, but the two biggest are location and condition. Generally, fair market value can be estimated by considering the comparables - other similar homes that have sold or are currently for sale in the same area.

Sellers often view their homes as special, which tempts them to put a higher price on it, believing they can always come down later, but that's a serious mistake.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range and look for the best value in that range.

Berkshire

Cell: 831-809-1458

monyrealty@gmail.com

Comparative Market Analysis 59 First Street, Spreckels, California 93962
Hathaway HS Real Time Realty
| DRE # 01756509 37

Intelligent Pricing and Timing

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.

With a sign in the yard, full description and photos in the local Multiple Listing Service, distribution across the Internet, open houses, broker's caravan, ads, and email blasts to your listing agent's buyers, your home will get the greatest flurry of attention and interest in the first two weeks.

If you don't get many showings or offers, you've probably overpriced your home, and it's not comparing well to the competition. Since you can't change the location, you'll have to either improve the home's condition or lower the price.

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home's curb appeal, or perhaps stage the interior to better advantage.

The market can always change its mind and give your home another chance, but by then you've lost precious time and perhaps allowed a stigma to cloud your home's value.

Intelligent pricing isn't about getting the most for your home - it's about getting your home sold quickly at fair market value.

Comparative Market Analysis 59 First Street, Spreckels, California 93962
Cell:
monyrealty@gmail.com | DRE # 01756509 38
831-809-1458

Curb Appeal, A First Impression That Lasts

Most buyers form their first impression of your home before they even get out of the car. Curb appeal is the view from the curb that gives potential buyers the first chance to fall in love with your home.

The exterior of your home should be in pristine condition - clean, cleared of clutter, with no visible repairs needed. A broken step, overgrown bush, or abandoned toys in the yard can spoil both the home's appearance and the potential buyer's first impression.

Here's a simple cleanup and spruce up checklist to make sure your home leaves a stellar first impression:

• Clear driveways and walkways of snow, weeds, and debris. Repair or replace cracked steps or pavers. Whenever possible, driveways should be clear of vehicles.

• Keep your lawn mowed, edged, and watered. Prune dead branches and plants. Weed flower beds and replace leggy, thin landscaping with fresh plants and flowers.

• Replace loose or damaged roof shingles, clean the gutters, and paint and caulk window trim and doors.

• Make the front door area shine: consider repainting your front door and placing a new welcome mat. Polish the door hardware and make sure all front facing windows are clean.

• Power wash siding, brick, windows, and porches.

• Replace light fixtures -and if possible, pick new fixtures with the same mounting system to save time and hassle.

• Install new house numbers that match the finish of your light fixtures.

• Consider upgrading your mailbox; it's an inexpensive fix and the first thing that buyers will see when they pull up to your home.

• Install flowerboxes or pots of blooming flowers for a pop of color.

• Hang a seasonal wreath from your front door.

Comparative Market Analysis 59 First Street, Spreckels, California 93962
Figueroa Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509 39
Monica

Showings and Open House Checklist

Once your home goes on the market, real estate agents may call to show your home anytime, even if you've listed preferred showing times in the instructions. Keeping your home in showtime condition can be challenging, especially if you have children and pets. Here are some pointers for presenting your home in the best light

Showings & Open House Checklist

• Eliminate clutter: The less cluttered your home, the better it shows. If you have a lot of knick-knacks, collections, or family mementos, consider renting a portable storage unit, which can be stored until it's time to deliver it to your new home.

• Keep, donate, throw away: If you have time before you go on the market, sort unwanted belongings into one of these three baskets. You'll receive more in tax benefits for your donations than pennies on the dollar at a garage sale. It's faster, more efficient and you'll help more people.

• Remove temptations: Take valuable jewelry and collectibles to a safety deposit box, a safe, or store them in a secure location. Also secure your prescription medicine and private financial documents.

• Remove breakables: Figurines, china, crystal and other breakables should be packed and put away in the garage or storage.

• Be hospitable: You want your home to look like a home. Open the blinds, turn on the lights, and make visitors feel welcomed.

• Have a family plan of action: When a showing happens at an inconvenient time, get the family engaged. Everyone can pitch in to tidy up in a hurry: pick up glasses, plates, clothing, and anything else left lying about.

• Get in the habit: Wash dishes immediately after meals. Clean off countertops. Make beds in the morning. Keep pet toys and beds washed and smelling fresh.

• Clean out the garage and attic: Buyers want to see what kind of storage there is.

The Essential Five-minute Clean-up for Showings

Everyone gets a basket and cleans up clutter. Check for hazards, like toys left on the floor. Make sure all toys, including bicycles, are put away.

• Put pets in daycare, sleep cages or take them with you: In the listing instructions, there should be a warning if there is a big dog on premises. Buyers with allergies also may appreciate knowing in advance if you have pets.

• Turn on lights: Open the drapes, turn on lights so buyers can really see.

• Give the buyer privacy: The buyer cannot come to your home without being accompanied by an agent. They will be more comfortable touring the home without your presence.

Berkshire Hathaway HS Real Time Realty

Cell: 831-809-1458

monyrealty@gmail.com | DRE # 01756509

Comparative Market Analysis 59 First Street, Spreckels, California 93962
40

Berkshire

Cell: 831-809-1458

monyrealty@gmail.com

831-809-1458

monyrealty@gmail.com

01756509

1459 N Davis Rd, Salinas, CA 93907

Contact
Me
Monica Figueroa
Berkshire Hathaway HS Real Time Realty
Comparative Market Analysis 59 First Street, Spreckels, California 93962
Monica Figueroa Hathaway HS Real Time Realty
| DRE # 01756509 41

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