NOT LISTED FOR SALE

Estimated Value: $2,136,000 - $2,325,845

7 Beds
7.5 Baths
3,074 Sq Ft
$730/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $1,775,000 $577 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,909/month

19 Days on Market

Highlights

  • Formal Dining Room
  • Zoned Heating
  • 1-Story Property
  • Monterey High School Rated A
  • Wood Burning Fireplace

About This Home

As of August 2021

Opportunity awaits! Located in the Monte Regio/Peter's Gate community, sits a Mediterranean multi-use property! Zoned to allow 24 hour non-medical residential care for Daycare services. 7 bedroom suites and an additional half bath. Each bedroom has access to outside patio areas. The circular drive, mature trees and arched doorway welcome you while the vaulted ceiling, bull-nosed plaster walls & charming fireplace beckon you to linger. So many possibilities with 7 bedrooms with private bathrooms and thermostats, 3 patios, and 3 separate entrances: a private residence, a vacation home for large/multi-families or its most recent use as an assisted living facility.

Last Agent to Sell the Property

Jeremy Larson

eXp Realty of California Inc License #01940532 Listed on: 05/27/2021

eXp Realty of California Inc

Co-Listed By

Jasmine Sunkara

Big Block Realty North License #01855557

Last Buyer's Agent

Young Seon Myong

David Lyng Real Estate License #01004504

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,987

Year Built

  • Built in 1928

Lot Details

  • 0.28 Acre Lot

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,074 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces
  • Off-Street Parking

Utilities

  • Zoned Heating
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-622-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,987

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 3074
  • Year Built: 1928
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 3074
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Carport, Drive Through, Off-Street Parking
  • Carport Min: 2

Utilities

  • Heating System: Individual Room Controls, Radiant
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-622-010-000
  • Lot Acres: 0.2800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12197.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12197.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 29, 2021
Sold by
Saini Anuradha and Saini Sandeep
Bought by
Kim Song Yong and Kim Yong Cha
Seller's Agent
Jeremy Larson
eXp Realty of California Inc
Buyer's Agent
Young Seon Myong
David Lyng Real Estate
List Price
$1,800,000
Sold Price
$1,775,000
Premium/Discount to List
-$25,000
-1.39%
Current Estimated Value
$2,216,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,827
Avg. Annual Appreciation
6.07%
Original Mortgage
$1,195,000
Outstanding Balance
$1,092,863
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,151,348

Purchase Details

Closed on
Apr 23, 2020
Sold by
Civic Real Estate Holdings Llc
Bought by
Saini Anurdaha and Saini Sndeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Civic Holdings Iii Trust
Bought by
Civic Real Estate Holdings Iii Llc

Purchase Details

Closed on
Jun 18, 2019
Sold by
Lamb Mae Ann
Bought by
Civic Holdings Iii Trust

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 8, 2017
Sold by
Campagno John and Compagno John
Bought by
Lamb Mae Ann
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Mae Lamb
KW Coastal Estates
List Price
$1,298,000
Sold Price
$1,271,000
Premium/Discount to List
-$27,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$920,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2016
Sold by
Compagno John
Bought by
Compagno John

Purchase Details

Closed on
Apr 24, 2015
Sold by
Compagno Katherine
Bought by
Compagno John
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
Kim Song Yong $1,775,000 Orange Coast Title Company
Saini Anurdaha $1,250,000 First American Title Company
Civic Real Estate Holdings Iii Llc -- None Available
Civic Holdings Iii Trust $815,000 Pacific Coast Title
Lamb Mae Ann $1,271,000 Old Republic Title Company
Compagno John -- None Available
Compagno John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Song Yong $1,195,000
Previous Owner Saini Anurdaha $1,000,000
Previous Owner Lamb Mae Ann $400,000
Previous Owner Lamb Mae Ann $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,775,000 -1.4% $577 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,800,000 +41.6% $586 / Sq Ft
07/20/2017 07/20/17 Sold $1,271,000 -2.1% $397 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $1,298,000 -- $406 / 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 $19,987 $1,883,643 $902,026 $981,617
2024 $19,987 $1,846,710 $884,340 $962,370
2023 $19,789 $1,810,500 $867,000 $943,500
2022 $19,518 $1,775,000 $850,000 $925,000
2021 $14,022 $1,775,000 $850,000 $925,000
2020 $11,594 $1,071,000 $510,000 $561,000
2019 $14,969 $1,296,420 $816,000 $480,420
2018 $14,371 $1,271,000 $800,000 $471,000
2017 $4,868 $442,204 $133,879 $308,325
2016 $4,784 $433,534 $131,254 $302,280
2015 $4,717 $427,023 $129,283 $297,740
2014 $4,639 $418,659 $126,751 $291,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81846227

MLSListings

APN: 001-622-010-000