Home + Mortgage Intelligence — Not a ListingFor Sale

870 doud st

monterey, ca 93940

HomeRates.ai is not a listing service and has no listing relationship to this property. This page is the financial and decision-intelligence layer HomeRates.ai builds around a real address, organized into five public intelligence categories — each figure labeled by the kind of claim it is.

1Property & Value Intelligence

Property typeNot resolvedPROPERTY FACT
Beds / Baths3 bd / 2 baPROPERTY FACT
Square footage1,318 sqftPROPERTY FACT
List price$1,450,000PROPERTY FACT
Automated valuation (AVM)$1,470,800ESTIMATE
Averaged from: Redfin scrape estimate (canonical), Redfin scrape estimate (snapshot)
Comparable sales MARKET FACT
33 Portola Ave, Monterey, CA 93940$784,000 · Sep 2026
51 Cielo Vista Dr, Monterey, CA 93940$1,250,000 · Sep 2026
814 Parcel St, Monterey, CA 93940$1,030,000 · Sep 2026
1 Crescent Cir, Monterey, CA 93940$1,630,000 · Sep 2026
336 High St, Monterey, CA 93940$880,000 · Sep 2026

2Financing Intelligence

Illustrative scenario only — 20% down, 740 credit score, conventional, 30yr fixed, primary residence. Not a personalized quote or a commitment to lend. ILLUSTRATIVE ASSUMPTION

Illustrative loan amount$1,160,000DERIVED CALCULATION
Loan-limit zoneHigh-balance conformingMARKET FACT
FHFA 2026 conforming loan limit, California
Market rate anchor6.929%MARKET FACT
OBMMI Conventional 30yr Fixed — FICO 740, LTV ≤80 — observed 2026-09-17
Illustrative rate (after LLPA)7.179%DERIVED CALCULATION
1.00 LLPA points, 2026-01-28 matrix
Estimated principal & interest$7,857/moDERIVED CALCULATION

Fannie Mae Loan-Level Price Adjustment (LLPA) Matrix, effective 01/28/2026 — singlefamily.fanniemae.com/media/9391/display (publicly available). This Matrix supersedes any earlier dated version; re-verify before relying on it for a lending decision.

LLPA estimates are a pricing calculation only — they do not represent or imply loan eligibility, underwriting approval, or a commitment to lend. Based on the publicly posted Fannie Mae matrix. Actual lender pricing varies by loan program, lender margin, and market conditions. Consult a licensed mortgage professional to determine eligibility.

3Ownership Cost Intelligence

Property tax (est.)$918/moPROPERTY FACT
Actual tax bill (Redfin listing data) — 0.76%/yr
Homeowners insurance (est.)$363/moESTIMATE
HomeRates.ai default: 0.3% of price annually
Estimated monthly PITI$9,138/moDERIVED CALCULATION

4Market & Location Intelligence

Area median days on market35dMARKET FACT
Area sale-to-list ratio1.0%MARKET FACT
Established Monterey neighborhood with coastal access and historic charm. Strong local amenities but moderate wildfire considerations apply. AI INTERPRETATION
Walk Score
Somewhat Walkable
Transit Score
Minimal Transit
Bike Score
Bikeable
Schools
Above Average
Safety
Low Crime
Amenities & Commute
Good
Wildfire Risk
Moderate

5Decision Intelligence

Property-centered only — price-vs-value fit, market fit, and location fit. This is not a buyer-specific affordability score and HomeRates.ai never publishes Personal Fit or any real buyer's Decision Score.

Value fit22/100DERIVED CALCULATION
Listed +32.1% vs AVM $1098K
Market fit40/100DERIVED CALCULATION
Low demand
Location fit78/100DERIVED CALCULATION
Walk Score: Somewhat Walkable, Transit Score: Minimal Transit.
Key strengths
  • Proximity to Monterey Bay and downtown
  • Mature neighborhood setting
  • Good school access
Key concerns
  • Older home may need updates
  • Moderate wildfire risk
  • Limited transit
What's missing / verify before an offer
  • HOA dues have not been confirmed, so PITIA and the complete monthly housing obligation cannot yet be determined.
  • Current listing status and a personalized rate quote from a licensed lender.

Decision Score L1-L4 (locked 2026-08-19), L2-L4 property-centered subset — as computed for a HomeRates.ai user, 9/15/2026

0Sources & Freshness

Property record enriched: 9/16/2026 (source: redfin)
Listing snapshot fetched: 9/16/2026
Valuation, comps, and location intelligence captured: 9/14/2026
Fannie Mae Loan-Level Price Adjustment (LLPA) Matrix, effective 01/28/2026 — singlefamily.fanniemae.com/media/9391/display (publicly available). This Matrix supersedes any earlier dated version; re-verify before relying on it for a lending decision.
Market rate observed: 2026-09-17 (FRED / OBMMI)
Page generated at request time from stored HomeRates.ai intelligence — no figure on this page is generated by an AI model without being labeled as such.