NOT LISTED FOR SALE

Estimated Value: $772,000 - $984,000

2 Beds
2.5 Baths
1,388 Sq Ft
$620/mo HOA Fee

Last Sold November 19, 2021

Last sale price $660,000 $476 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,569/month

27 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Bathtub with Shower
  • Monterey High School Rated A
  • Sauna
  • Bathroom on Main Level

About This Home

As of November 2021

What a wonderful opportunity to own in one of Montereys sunbelt communities! This lovely 2 bedroom 2.5 bathroom unit offers decks off each bedroom and living room. The southwest facing unit boasts tons of natural light, tree and hill views, and abundant space for your next home, weekend get-away, or investment property. The 1388 square foot unit enjoys a wood burning fireplace, in unit washer and dryer, two designated parking spaces and is close to the community pool. All decks were upgraded in 2021. Revel in easy access to all the amenities that make the Monterey Peninsula such a special place to call home. Dont let this one get away!

Last Agent to Sell the Property

Edward Henderson

Tom Redfern & Associates License #02083502 Listed on: 09/14/2021

Last Buyer's Agent

Choung Sherwood

Custom House Realty and Property License #01400965

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,444

Year Built

  • 1977

Lot Details

  • 1,019

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,388 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, unit coverage insurance, water
  • Montsalas Owners Association

Amenities

  • Sauna
  • Clubhouse

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,444

Year Built

1977

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Zoning: Planned Community
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 1388
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1388
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab, Crawl Space
  • Pool Description: Yes
  • Roof: Tar And Gravel

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Common Parking Area, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Montsalas Owners Association
  • HOA Fees: 620
  • HOA Amenities: Club House, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Unit Coverage Insurance, Water
  • HOA Exist: Yes
  • H O A Name Text: Montsalas Owners Association

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0234
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1019.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1019.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 3, 2021
Sold by
Friedman Family Trust and Betancourt Friedman Irma
Bought by
Lee Mi Hye
Seller's Agent
Edward Henderson
Tom Redfern & Associates
Buyer's Agent
Choung Sherwood
Custom House Realty and Property
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%
Current Estimated Value
$790,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,523
Avg. Annual Appreciation
4.89%
Original Mortgage
$528,000
Outstanding Balance
$485,849
Interest Rate
2.99%
Estimated Equity
$302,668

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 2, 2021
Sold by
Ho Lee Young
Bought by
Lee Mi Hye
Seller's Agent
Edward Henderson
Tom Redfern & Associates
Buyer's Agent
Choung Sherwood
Custom House Realty and Property
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$485,849
Interest Rate
2.99%
Estimated Equity
$302,668

Purchase Details

Closed on
May 12, 2021
Sold by
Friedman Ronald A
Bought by
Friedman Ronald A and Betancourt Friedman Irma

Purchase Details

Closed on
Jun 11, 2007
Sold by
Friedman Irma Betancourt
Bought by
Friedman Ronald A

Purchase Details

Closed on
Feb 7, 2001
Sold by
Friedman Ronald A
Bought by
Friedman Ronald A and Friedman Irma Betancourt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.08%

Purchase Details

Closed on
Jun 25, 2000
Sold by
Betancourt Friedman Irma
Bought by
Friedman Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
8.67%

Purchase Details

Closed on
Jun 19, 2000
Sold by
Lovell William F
Bought by
Friedman Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
8.67%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Lovell William F and Lovell Audrey A
Bought by
Lovell Audrey A
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
Lee Mi Hye $660,000 Chicago Title
Lee Mi Hye -- Chicago Title
Friedman Ronald A -- None Available
Friedman Ronald A -- Stewart Title Monterey
Friedman Ronald A -- Stewart Title Of Ca Inc
Friedman Ronald A -- Stewart Title
Friedman Ronald A $355,000 Stewart Title
Lovell Audrey A -- --
Lovell William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Mi Hye $528,000
Closed Lee Mi Hye $528,000
Previous Owner Friedman Ronald A $307,375
Previous Owner Friedman Ronald A $275,000
Previous Owner Friedman Ronald A $275,000
Previous Owner Friedman Ronald A $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $660,000 -3.6% $476 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/29/2021 09/29/21 Price Changed $685,000 +0.9% $494 / Sq Ft
09/29/2021 09/29/21 Price Changed $679,000 -2.3% $489 / Sq Ft
09/14/2021 09/14/21 For Sale $695,000 -- $501 / 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 $7,444 $700,396 $254,689 $445,707
2024 $7,444 $686,664 $249,696 $436,968
2023 $7,244 $673,200 $244,800 $428,400
2022 $7,142 $660,000 $240,000 $420,000
2021 $5,551 $504,060 $134,883 $369,177
2020 $5,340 $498,892 $133,500 $365,392
2019 $5,606 $489,111 $130,883 $358,228
2018 $5,381 $479,521 $128,317 $351,204
2017 $4,981 $470,119 $125,801 $344,318
2016 $4,892 $460,902 $123,335 $337,567
2015 -- $445,000 $119,000 $326,000
2014 -- $425,000 $114,000 $311,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861925

MLSListings

APN: 101-271-004-000