NOT LISTED FOR SALE

1048 Portola Dr Monterey, CA 93940

Estimated Value: $845,112 - $920,000

3 Beds
1 Bath
994 Sq Ft
$894/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $565,000 $568 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,446/month

9 Days on Market

Highlights

  • Dining Room
  • Ceiling Fan
  • Carpet
  • Monterey High School Rated A
  • Wood Burning Fireplace
  • 3-minute walk to Del Rey Oaks Dog Park

About This Home

As of September 2019

This Del Rey Oaks charmer is close to schools, shopping, and all the Monterey Peninsula has to offer. This single story home is waiting for you to make it your own. The backyard is already set for outdoor entertaining. There is storage in the backyard for tools that is an added bonus.

Last Agent to Sell the Property

Catherine Gheen

Gheen Properties Inc License #01782743 Listed on: 07/13/2019

Last Buyer's Agent

Catherine Gheen

Gheen Properties Inc License #01782743 Listed on: 07/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,375

Year Built

  • Built in 1950

Lot Details

  • 6,081

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 994 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Additional Features

  • 6,081 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 012-492-020-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,375

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 994
  • Year Built: 1950
  • Zoning Description: res
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 994
  • Stories: 1
  • Flooring: Carpet
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 012-492-020-000
  • Lot Acres: 0.1396
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6080.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6080.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Neville Robert J and Neville Betty M
Bought by
Neville Robert J and Neville Betty M
Current Estimated Value
$888,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$340,772
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$562,871

Purchase Details

Closed on
Nov 16, 2020
Sold by
Neville Robert J and Neville Betty
Bought by
Neville Robert J and Neville Betty M

Purchase Details

Closed on
Jul 30, 2020
Sold by
Neville Robert J and Neville Robert James
Bought by
Neville Robert J and Neville Betty M

Purchase Details

Listed on
Jul 13, 2019
Closed on
Sep 5, 2019
Sold by
Neville Robert J
Bought by
Neville Batty M
Seller's Agent
Catherine Gheen
Gheen Properties Inc
Buyer's Agent
Catherine Gheen
Gheen Properties Inc
List Price
$510,000
Sold Price
$565,000
Premium/Discount to List
$55,000
10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$293,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2019
Closed on
Jul 26, 2019
Sold by
Deutsche Bank National Company
Bought by
Neville Betty M
Seller's Agent
Catherine Gheen
Gheen Properties Inc
Buyer's Agent
Catherine Gheen
Gheen Properties Inc
List Price
$510,000
Sold Price
$565,000
Premium/Discount to List
$55,000
10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Seeders Terry G and Seeders Katherine A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 23, 2003
Sold by
Pressas Angie and Pressas Family Living Trust
Bought by
Seeders Terry G and Seeders Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2000
Sold by
Pressas Angie
Bought by
Pressas Angie and Pressas Family Living Trust

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
7.87%

Purchase Details

Closed on
Jan 26, 1996
Sold by
Pressas Gust and Pressas Angie
Bought by
Pressas Gust and Pressas Angie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Neville Robert J -- Amrock
Neville Robert J -- Amrock
Neville Robert J -- None Available
Neville Robert J -- None Available
Neville Batty M -- None Available
Neville Betty M $565,000 Title365 Company
Deutsche Bank National Trust Company $554,749 Title 365 Newport Beach
Seeders Terry G $499,000 First American Title
Pressas Angie -- Stewart Title
Pressas Angie -- Stewart Title
Pressas Gust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neville Robert J $375,000
Previous Owner Neville Betty M $293,250
Previous Owner Seeders Terry G $493,500
Previous Owner Seeders Terry G $399,200
Previous Owner Pressas Angie $135,000
Previous Owner Pressas Gust $120,000
Closed Seeders Terry G $49,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $565,000 +10.8% $568 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $510,000 -- $513 / 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 $7,375 $698,219 $492,139 $206,080
2024 $7,375 $684,530 $482,490 $202,040
2023 $7,339 $671,109 $473,030 $198,079
2022 $7,031 $657,951 $463,755 $194,196
2021 $6,929 $626,423 $454,662 $171,761
2020 $6,667 $620,000 $450,000 $170,000
2019 $7,101 $617,000 $359,000 $258,000
2018 $7,241 $598,000 $348,000 $250,000
2017 $5,594 $495,000 $288,000 $207,000
2016 $5,322 $476,000 $277,000 $199,000
2015 $4,452 $415,000 $241,000 $174,000
2014 $4,155 $386,000 $224,000 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81760444

MLSListings

APN: 012-492-020-000