Moni Test Presentation

Comparative Market Analysis

59 First Street, Spreckels, California 93962

Richard D Gutierrez MARCH 7, 2024

Monica Figueroa Berkshire Hathaway HS Real Time Realty

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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?

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.

How accurate are CMAs?

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 changing new 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.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

3

Comparative Market Analysis

59 First Street, Spreckels, California 93962

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

B = ACTIVE UNDER CONTRACT

BEDS

BATHS

59 First St

-

-

A = ACTIVE

SQFT

PRICE

-

-

1

Subject

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

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

4

Comparative Market Analysis

59 First Street, Spreckels, California 93962

Summary of Comparable Properties S

SOLD LISTINGS

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

1,799

$859,500

$508

Averages

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

2,054

$921,666

$451

Averages

A

ACTIVE LISTINGS

ADDRESS

25235 Azalea Court

Averages

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

3.00

1,831.0

$865,000

$472

1,831

$865,000

$472

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

5

Comparative Market Analysis

59 First Street, Spreckels, California 93962

18181 Stonegate Court

Salinas, CA 93908

$780,000 CLOSED

3 Beds 2.00 Baths Year Built 1996

9/29/23

MLS #ML81938482 1,114.0 Sq. Ft. ($700 / sqft) Days on market: 12

Details Prop Type: Single Family Residence

Acres: 0.081

Sold date: 9/29/23

Orig list price: $759,000

County: Monterey

Lot Size (sqft): 3,527

Off-market date: 8/28/23

Assoc Fee: $215

Garages: 2

Updated: Sep 30, 2023 8:54 AM

School District: Other

Area: 699 - Not Defined Full baths: 2.0

List date: 8/15/23

List Price: $759,000

Features Association Name: Stonegate at Las Palmas Ranch

Contract Status Change Date: 2023-09-29T00:00:00

Property Attached Yes/No: No

Water Source: Public

Association Y N: Yes

Cooling: None

Roof: Tile

Zoning: R-1

Attached Garage Y/N: Y

Foundation Details: Slab

Sewer: Public Sewer

Buyer Agency Compensation: 2.500

Heating: Central

Special Listing Conditions: Standard

Parking Total: 2

Virtual Tour: View

Year Built Source: Assessor

Remarks 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

6

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

7

Comparative Market Analysis

18181 Stonegate Court $780,000 CLOSED

9/29/23

59 First Street, Spreckels, California 93962 Salinas, CA 93908

3 Beds 2.00 Baths Year Built 1996

MLS #ML81938482 1,114.0 Sq. Ft. ($700 / sqft) Days on market: 12

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

8

Comparative Market Analysis

59 First Street, Spreckels, California 93962

18067 Stonehaven $828,000 CLOSED

MLS #ML81935555

Salinas, CA 93908

1/10/24

3 Beds 3.00 Baths

1,716.0 Sq. Ft. ($483 / sqft)

Year Built 1996

Days on market: 119

Details Prop Type: Single Family Residence

Acres: 0.103

Off-market date: 1/10/24

School District: Other

County: Monterey

Lot Size (sqft): 4,487

High: Salinas

Garages: 2

Updated: Jan 10, 2024 8:10 AM List Price: $839,900

Elementary: Other

Area: 699 - Not Defined Full baths: 2.0 Half baths: 1.0

List date: 7/20/23 Sold date: 1/10/24

Orig list price: $849,900

Cooling: None

Property Attached Yes/No: No

Middle: Other

Assoc Fee: $215

Features Association Name: Las Palmas Association Y N: Yes

Flooring: Carpet, Laminate, Tile

Attached Garage Y/N: Y

Foundation Details: Slab

Buyer Agency Compensation: 2.500

Listing Terms: FHA

Construction Materials: Stucco

Pool Features: Community

Contract Status Change Date: 2024-01-10T00:00:00

Parking Total: 2 Pool Private Y N: No Possession: Negotiable

Roof: Concrete

Spa Features: Community Special Listing Conditions: Standard

Bathroom Features: Double sinks in bath(s)

Virtual Tour: View

Kitchen Features: Tile Counters

Year Built Source: Assessor

Room Type: Retreat, Den, Loft

Water Source: Public Zoning: R-1

Sewer: Public Sewer

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

9

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

10

Comparative Market Analysis

18067 Stonehaven $828,000 CLOSED

1/10/24

59 First Street, Spreckels, California 93962

MLS #ML81935555

Salinas, CA 93908

3 Beds 3.00 Baths

1,716.0 Sq. Ft. ($483 / sqft)

Year Built 1996

Days on market: 119

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

11

Comparative Market Analysis

59 First Street, Spreckels, California 93962

21416 Riverview Court

Salinas, CA 93908

$985,000 CLOSED

5 Beds 3.00 Baths Year Built 1989

1/16/24

MLS #ML81951539 2,537.0 Sq. Ft. ($388 / sqft) Days on market: 0

Details Prop Type: Single Family Residence

Acres: 0.1384

Sold date: 1/16/24

Orig list price: $999,000

County: Monterey

Lot Size (sqft): 6,029

Off-market date: 1/16/24

Assoc Fee: $162

Garages: 2

School District: Other

List date: 1/16/24

Updated: Jan 16, 2024 3:48 AM

Association Name: Las Palmas I

Contract Status Change Date: 2024-01-16T00:00:00

Property Attached Yes/No: No

Water Source: Public

Association Y N: Yes

Roof: Concrete

Attached Garage Y/N: Y

Flooring: Carpet, Laminate, Tile

Zoning: R-1

Buyer Agency Compensation: 2.000

Foundation Details: Slab Heating: Central

Special Listing Conditions: Standard

Parking Total: 2

Virtual Tour: View

Area: 699 - Not Defined Full baths: 3.0

List Price: $999,000

Features

Sewer: Public Sewer

Year Built Source: Assessor

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

12

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

13

Comparative Market Analysis

21416 Riverview Court $985,000 CLOSED

1/16/24

59 First Street, Spreckels, California 93962 Salinas, CA 93908

5 Beds 3.00 Baths Year Built 1989

MLS #ML81951539 2,537.0 Sq. Ft. ($388 / sqft) Days on market: 0

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

14

Comparative Market Analysis

59 First Street, Spreckels, California 93962

25214 Azalea Court $845,000 CLOSED

MLS #ML81948342

Salinas, CA 93908

4 Beds 3.00 Baths Year Built 1998

1/26/24

1,831.0 Sq. Ft. ($461 / sqft) Days on market: 16

Details Prop Type: Single Family Residence

Half baths: 1.0

List date: 12/7/23

List Price: $875,000

County: Monterey

Acres: 0.1433

Sold date: 1/26/24

Orig list price: $875,000

Lot Size (sqft): 6,244

Off-market date: 1/12/24

Assoc Fee: $225

Garages: 2

Updated: Jan 26, 2024 2:26 AM

School District: Other

Association Name: Summerhill

Cooling: None

Possession: Close Of Escrow

Special Listing Conditions: Standard

Association Y N: Yes

Heating: Central

Property Attached Yes/No: No

Virtual Tour: View

Roof: Tile

Year Built Source: Assessor

Area: 699 - Not Defined Full baths: 2.0

Features

Attached Garage Y/N: Y Buyer Agency Compensation: 2.500 Contract Status Change Date: 2024-01-26T00:00:00

Foundation Details: Slab Parking Total: 2 Pool Features: Community Pool Private Y N: No

Sewer: Private Sewer Spa Features: Community

Water Source: Public Zoning: LDR

Remarks 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 | DRE # 01756509

15

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

16

Comparative Market Analysis

25214 Azalea Court $845,000 CLOSED

1/26/24

59 First Street, Spreckels, California 93962

MLS #ML81948342

Salinas, CA 93908

4 Beds 3.00 Baths Year Built 1998

1,831.0 Sq. Ft. ($461 / sqft) Days on market: 16

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

17

Comparative Market Analysis

59 First Street, Spreckels, California 93962

84 Railroad Avenue

Spreckels, CA 93962

$960,000 ACTIVE UNDER CONTRACT

2 Beds 2.00 Baths 3/15/24

Year Built 1923

MLS #ML81949810 2,278.0 Sq. Ft. ($421 / sqft) Days on market: 50

Details Prop Type: Single Family Residence

Acres: 0.1458

Backup Offer date: 3/15/24

County: Monterey

Lot Size (sqft): 6,350 Garages: 2

Updated: Feb 17, 2024 6:54 AM

Area: 699 - Not Defined

School District: Other

List date: 12/15/23

List Price: $960,000

Attached Garage Y/N: Y

Foundation Details: Concrete Perimeter

Property Attached Yes/No: No

Buyer Agency Compensation: 2.500

Heating: Fireplace(s)

Roof: Composition, Shingle

Listing Terms: FHA

View: Mountain(s)

Contract Status Change Date: 2024-02-17T00:00:00

Parking Total: 4

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

Water Source: Public

Full baths: 2.0

Orig list price: $970,000

Features Association Y N: No

Flooring: Carpet, Tile, Wood

Possession: Close Of Escrow

Room Type: Retreat, WalkIn Closet, Laundry

Sewer: Public Sewer Special Listing Conditions: Standard Virtual Tour: View 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 | DRE # 01756509

18

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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 monyrealty@gmail.com | DRE # 01756509

19

Comparative Market Analysis

59 First Street, Spreckels, California 93962

84 Railroad Avenue $960,000 ACTIVE UNDER CONTRACT

Spreckels, CA 93962

2 Beds 2.00 Baths 3/15/24

Year Built 1923

MLS #ML81949810 2,278.0 Sq. Ft. ($421 / sqft) Days on market: 50

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

20

Comparative Market Analysis

59 First Street, Spreckels, California 93962

17747 Riverbend Road

Salinas, CA 93908

$875,000 ACTIVE UNDER CONTRACT

3 Beds 2.00 Baths 3/20/24

Year Built 1990

MLS #ML81952916 1,786.0 Sq. Ft. ($490 / sqft) Days on market: 27

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

Backup Offer date: 3/20/ 24

Assoc Fee: $162

Updated: Feb 27, 2024 10:24 PM

High: Salinas

List Price: $875,000 Orig list price: $875,000

School District: Other Middle: Other Elementary: Other

Features Association Name: Las Palmas Ranch 1

Cooling: None

Association Y N: Yes

Foundation Details: Slab

Attached Garage Y/N: Y Buyer Agency Compensation: 2.500 Contract Status Change Date: 2024-02-27T00:00:00

Flooring: Carpet, Tile Listing Terms: FHA, VA Loan Parking Total: 2

Possession: Close Of Escrow

Special Listing Conditions: Standard

Property Attached Yes/No: No

Virtual Tour: View

Roof: Concrete, Tile

Year Built Source: Assessor

Kitchen Features: Granite Counters

Water Source: Public Zoning: SFR

Sewer: Public Sewer

Remarks 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

21

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

22

Comparative Market Analysis

59 First Street, Spreckels, California 93962

17747 Riverbend Road $875,000 ACTIVE UNDER CONTRACT

Salinas, CA 93908

3 Beds 2.00 Baths 3/20/24

Year Built 1990

MLS #ML81952916 1,786.0 Sq. Ft. ($490 / sqft) Days on market: 27

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

23

Comparative Market Analysis

59 First Street, Spreckels, California 93962

25235 Azalea Court

Salinas, CA 93908

$865,000 ACTIVE

4 Beds 3.00 Baths Year Built 1998

2/2/24

MLS #ML81953304 1,831.0 Sq. Ft. ($472 / sqft) Days on market: 32

Details Prop Type: Single Family Residence County: Monterey Area: 699 - Not Defined Style: Spanish Full baths: 2.0

Half baths: 1.0 Acres: 0.0822 Lot Size (sqft): 3,579 Garages: 2

Updated: Mar 5, 2024 7:10 AM

High: Salinas

List Price: $865,000

Elementary: Other

Orig list price: $865,000

List date: 2/2/24

Assoc Fee: $230

Contract Status Change Date: 2024-02-02T00:00:00

Pool Private Y N: No

Cooling: Central Air

Middle: Other

School District: Other

Features Accessibility Features: None Association Name: Summer Hill / Las Palmas 2

Possession: Close Of Escrow

Spa Features: Community, In Ground Special Listing Conditions: Standard

Association Y N: Yes

Flooring: Laminate, Wood

Property Attached Yes/No: No

Attached Garage Y/N: Y

Foundation Details: Slab

Roof: Concrete

View: Mountain(s), Neighborhood

Buyer Agency Compensation: 2.500

Heating: Forced Air

Bathroom Features: Double sinks in bath(s)

Water Source: Public Year Built Source: Assessor

Construction Materials: Stucco

Parking Total: 2

Kitchen Features: Quartz Counters

Zoning: Res

Lot Features: Level Pool Features: Community, In Ground

Room Type: Walk-In Closet

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

24

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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 Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

25

Comparative Market Analysis

25235 Azalea Court $865,000 ACTIVE

2/2/24

59 First Street, Spreckels, California 93962 Salinas, CA 93908

4 Beds 3.00 Baths Year Built 1998

MLS #ML81953304 1,831.0 Sq. Ft. ($472 / sqft) Days on market: 32

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

26

Comparative Market Analysis

59 First Street, Spreckels, California 93962

90 Third Street $930,000 ACTIVE UNDER CONTRACT

MLS #ML81953246

Spreckels, CA 93962

3 Beds 2.00 Baths 3/16/24

Year Built 1911

2,099.0 Sq. Ft. ($443 / sqft) Days on market: 13

Details Prop Type: Single Family Residence

Acres: 0.1716

Backup Offer date: 3/16/24

School District: Other

County: Monterey

Lot Size (sqft): 7,474

High: Salinas

Garages: 1

Updated: Feb 16, 2024 9:05 AM

List date: 2/2/24

List Price: $930,000

Elementary: Other

Foundation Details: Concrete Perimeter

Property Attached Yes/No: No

Special Listing Conditions: Standard

Heating: Fireplace(s)

Roof: Composition

View: Park/Greenbelt

Listing Terms: FHA, VA Loan

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

Water Source: Public

Area: 699 - Not Defined Full baths: 2.0

Orig list price: $930,000

Middle: Other

Features Association Y N: No Attached Garage Y/N: N Buyer Agency Compensation: 2.500 Contract Status Change Date: 2024-02-15T00:00:00

Lot Features: Level

Direction Faces: Southwest

Parking Total: 1

Flooring: Carpet, Wood

Possession: Close Of Escrow

Room Type: Bonus Room, Formal Entry, Laundry

Year Built Source: Other Zoning: SFR

Sewer: Public Sewer

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 | DRE # 01756509

27

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

28

Comparative Market Analysis

59 First Street, Spreckels, California 93962

90 Third Street $930,000 ACTIVE UNDER CONTRACT

MLS #ML81953246

Spreckels, CA 93962

3 Beds 2.00 Baths 3/16/24

Year Built 1911

2,099.0 Sq. Ft. ($443 / sqft) Days on market: 13

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

Comparative Market Analysis

59 First Street, Spreckels, California 93962

Comparable Property Statistics S

4 Sold Listings LOWEST

$780,000

B

$859,500

HIGH

$985,000

AVG PRICE / SQFT

AVG DOM

$508

49

AVG PRICE / SQFT

AVG DOM

$451

30

AVG PRICE / SQFT

AVG DOM

$472

32

3 Backup Offer Listings LOWEST

$875,000

A

AVERAGE

AVERAGE

$921,666

HIGH

$960,000

1 Active Listings LOWEST

$865,000

AVERAGE

$865,000

HIGH

$865,000

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

31

Comparative Market Analysis

59 First Street, Spreckels, California 93962

Sold Property Analysis Averages

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.

Analysis 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

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

32

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

-

50

-

6

17747 Riverbend Road

Active Under Contract

$875,000

-

27

-

7

25235 Azalea Court

Active

$865,000

-

32

-

8

90 Third Street

Active Under Contract

$930,000

-

13

-

$887,863

$859,500

38

98.84%

Averages

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

33

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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

$859,500

1,899

$482

Averages

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

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

36

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

37

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

38

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

39

Comparative Market Analysis

59 First Street, Spreckels, California 93962

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.

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

40

Comparative Market Analysis

59 First Street, Spreckels, California 93962

Contact Me

Monica Figueroa Berkshire Hathaway HS Real Time Realty

831-809-1458 monyrealty@gmail.com 01756509 1459 N Davis Rd, Salinas, CA 93907

Monica Figueroa

Berkshire Hathaway HS Real Time Realty Cell: 831-809-1458 monyrealty@gmail.com | DRE # 01756509

41