NOT LISTED FOR SALE

1040 Olympic Ln Seaside, CA 93955

Estimated Value: $707,000 - $794,000

3 Beds
2 Baths
1,171 Sq Ft
3,402 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $587,500 $502 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,223/month

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Gas Fireplace
  • Monterey High School Rated A
  • Forced Air Heating System

About This Home

As of September 2019

Enjoy peeks of the ocean and city views in this recently renovated, well maintained home in the desirable Pacific Heights neighborhood. This home sparkles with quartz counter tops in bath and kitchen, beautiful shower, crown molding AND 3 outdoor living spaces, including a low maintenance back yard that includes a planter box ready for your new garden. This home is conveniently located close to everything, the beach, highway, Monterey, shopping and restaurants. Nothing to do here but move right in and enjoy the peaceful surroundings.

Last Agent to Sell the Property

Lourdes Manila-Kops

Allison James Estates & Homes License #01509398 Listed on: 08/31/2019

Allison James Estates & Homes

Last Buyer's Agent

Gigi Di Giovanni

International Estates, Inc. License #01164907

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 3,402

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,171 Sq Ft Home
  • Gas Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • No Common Walls
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 012-453-016-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, insurance - structure, maintenance - common area, maintenance - exterior, maintenance - unit yard, roof
  • Pacific Heights HOA
  • Built by Pacific Heights

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Rules
  • Listing Class: Residential
  • Structure Sq Ft: 1171
  • Complex Name: Pacific Heights
  • Year Built: 1987
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1171
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Fireplace, Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 452
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Unit Yard, Roof
  • H O A Name Text: Pacific Heights HOA
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 012-453-016-000
  • Lot Acres: 0.0781
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3400.00

Multi Family

  • Utilities: Public Utilities
  • Unit Features: No Common Wall

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2020
Sold by
Hollingsworth Sandra K
Bought by
Hollingsworth Sandra K and Sandra K Hollingsworth Family
Current Estimated Value
$756,603

Purchase Details

Listed on
Aug 31, 2019
Closed on
Sep 23, 2019
Sold by
Gallegos Tammy
Bought by
Hollingsworth Sandra K
Seller's Agent
Lourdes Manila-Kops
Allison James Estates & Homes
Buyer's Agent
Gigi Di Giovanni
International Estates, Inc.
List Price
$584,999
Sold Price
$587,500
Premium/Discount to List
$2,501
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$175,000
Outstanding Balance
$153,286
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$603,317

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 21, 2017
Sold by
Mexicano Claudia
Bought by
Gallegos Tammy
Seller's Agent
Susie Banks
Chez Christian Real Estate
Buyer's Agent
Kim DiBenedetto
Coldwell Banker Realty
List Price
$549,999
Sold Price
$495,000
Premium/Discount to List
-$54,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$478,225
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 8, 2016
Closed on
Sep 21, 2016
Sold by
Chipman Joseph G
Bought by
Mexicano Claudia
Seller's Agent
Susie Banks
Chez Christian Real Estate
Buyer's Agent
Susie Banks
Chez Christian Real Estate
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.97%
Original Mortgage
$296,000
Interest Rate
3.45%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 1996
Sold by
Chipman Joseph G and Chipman Diane E
Bought by
Chipman Joseph G and Chipman Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hollingsworth Sandra K -- None Available
Hollingsworth Sandra K $587,500 Chicago Title Company
Gallegos Tammy $495,000 First American Title Company
Mexicano Claudia $370,000 First American Title Company
Chipman Joseph G -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollingsworth Sandra K $175,000
Previous Owner Gallegos Tammy $478,225
Previous Owner Mexicano Claudia $296,000
Previous Owner Chipman Joseph G $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $587,500 +0.4% $502 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $584,999 +18.2% $500 / Sq Ft
02/23/2017 02/23/17 Sold $495,000 -1.0% $423 / Sq Ft View Prior Sale
01/18/2017 01/18/17 Pending -- -- --
01/11/2017 01/11/17 Price Changed $499,900 -6.6% $427 / Sq Ft
01/03/2017 01/03/17 Price Changed $535,000 -2.6% $457 / Sq Ft
11/18/2016 11/18/16 Price Changed $549,000 -0.2% $469 / Sq Ft
11/17/2016 11/17/16 For Sale $549,999 +48.6% $470 / Sq Ft
09/22/2016 09/22/16 Sold $370,000 -1.3% $316 / Sq Ft View Prior Sale
09/08/2016 09/08/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $375,000 -- $320 / 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 $3,234 $311,455 $171,301 $140,154
2024 $3,234 $305,349 $167,943 $137,406
2023 $3,233 $299,362 $164,650 $134,712
2022 $3,187 $293,493 $161,422 $132,071
2021 $3,140 $287,739 $158,257 $129,482
2020 $3,021 $284,790 $156,635 $128,155
2019 $5,849 $514,998 $312,120 $202,878
2018 $5,614 $504,900 $306,000 $198,900
2017 $4,966 $466,000 $300,000 $166,000
2016 $2,387 $227,162 $72,753 $154,409
2015 $2,352 $223,751 $71,661 $152,090
2014 $2,311 $219,369 $70,258 $149,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81766716

MLSListings

APN: 012-453-016-000