NOT LISTED FOR SALE

Estimated Value: $688,000 - $824,000

1 Bed
1 Bath
478 Sq Ft
566 Sq Ft Lot

Last Sold October 31, 2016

Last sale price $510,000 $1,067 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,532/month

51 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Clubhouse
  • Monterey High School Rated A
  • Fitness Center
  • 4-minute walk to Spray Ave. Tot Lot

About This Home

As of October 2016

Big ocean views and private beach access! Immaculate unit with incredible amenities two swimming pools, fitness room, sauna and club room. Direct accessibility to recreational/bike path to downtown and The Wharf. Come create your coastal memories!

Last Agent to Sell the Property

Paul Riddolls

Sotheby’s International Realty License #01948389 Listed on: 08/11/2016

Sotheby’s International Realty

Last Buyer's Agent

Lisa Leo

KW Coastal Estates License #01978209

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,380

Year Built

  • Built in 1993

Lot Details

  • 566

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Contemporary Architecture
  • Rustic Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 478 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Security Gate

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower

Additional Features

  • Balcony
  • Mostly Level
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011-442-082-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, garbage, gas, hot water, insurance, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, recreation facility, roof, security service, water
  • Ocean Harbor Association
  • Built by Ocean Harbor
  • The community has rules related to credit or board approval

Amenities

  • Sauna
  • Clubhouse
  • Coin Laundry

Recreation

  • Community Beach Access
  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,380

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary, Rustic
  • Restrictions: Board / Park Approval
  • Age: 23
  • Listing Class: Residential
  • Structure Sq Ft: 478
  • Complex Name: Ocean Harbor
  • Year Built: 1993
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Oven - Self Cleaning, Oven Range
  • Living Sq Ft: 478
  • Stories: 1
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Bay, City Lights, Ocean, Water
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Detached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 604
  • HOA Amenities: Beach Rights, Club House, Gym / Exercise Facility, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Gas, Hot Water, Insurance, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Roof, Security Service, Water
  • H O A Name Text: Ocean Harbor
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 011-442-082-000
  • Lot Acres: 0.0130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 554.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 554.00
  • Soil: Sandy

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Oct 19, 2016
Sold by
Cobaugh Kellie J
Bought by
Rabara Marcus M and Rabara Fleurdeliza B
Seller's Agent
Paul Riddolls
Sotheby’s International Realty
Buyer's Agent
Lisa Leo
KW Coastal Estates
List Price
$530,000
Sold Price
$510,000
Premium/Discount to List
-$20,000
-3.77%
Current Estimated Value
$734,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,167
Avg. Annual Appreciation
4.62%
Original Mortgage
$235,000
Outstanding Balance
$190,142
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$569,188

Purchase Details

Listed on
Mar 20, 2014
Closed on
Apr 22, 2014
Sold by
Gabriel Calvin T and Gabriel Nancy S
Bought by
Cobaugh Kellie J
Seller's Agent
Liz Doyle
Intero Real Estate Services
Buyer's Agent
Suzanne Carlson
David Lyng Real Estate
List Price
$318,900
Sold Price
$409,500
Premium/Discount to List
$90,600
28.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$160,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
Madden Victor L and Madden Sheila F
Bought by
Gabriel Calvin T and Gabriel Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.4%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Madden Victor L and Madden Sheila F
Bought by
Madden Victor L and Madden Sheila F
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rabara Marcus M $510,000 Chicago Title Company
Cobaugh Kellie J $409,500 Chicago Title Company
Gabriel Calvin T $225,000 First American Title
Madden Victor L -- --
Madden Victor L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabara Marcus M $235,000
Previous Owner Cobaugh Kellie J $160,000
Previous Owner Gabriel Calvin T $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $510,000 +1.0% $1,067 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/21/2016 09/21/16 Price Changed $505,000 -1.9% $1,056 / Sq Ft
09/02/2016 09/02/16 Price Changed $515,000 -2.8% $1,077 / Sq Ft
08/11/2016 08/11/16 For Sale $530,000 +29.4% $1,109 / Sq Ft
04/15/2014 04/15/14 Sold $409,500 -2.2% $857 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/21/2014 03/21/14 Price Changed $418,900 +31.4% $876 / Sq Ft
03/20/2014 03/20/14 For Sale $318,900 -- $667 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,380 $591,892 $522,260 $69,632
2024 $6,380 $580,287 $512,020 $68,267
2023 $6,193 $568,910 $501,981 $66,929
2022 $6,107 $557,756 $492,139 $65,617
2021 $6,018 $546,821 $482,490 $64,331
2020 $5,789 $541,215 $477,543 $63,672
2019 $6,078 $530,604 $468,180 $62,424
2018 $5,833 $520,200 $459,000 $61,200
2017 $5,400 $510,000 $450,000 $60,000
2016 $4,504 $424,050 $310,660 $113,390
2015 -- $417,681 $305,994 $111,687
2014 -- $282,093 $112,835 $169,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81599600

MLSListings

APN: 011-442-082-000