NOT LISTED FOR SALE

Estimated Value: $1,023,000 - $1,542,000

2 Beds
2 Baths
1,000 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $762,000 $762 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,464/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Canyon View
  • Spanish Architecture
  • Monterey High School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of July 2014

Set High on President's Hill in beautiful Historic Old Monterey. Quiet and desirable neighborhood- On a Gorgeous Tree-studded lot- Spanish Style Cottage Home- Remodeled throughout- Featuring Three bedrooms, Two full bath. One bedroom has been used as a den/office off of Master. Light and Bright with a River Rock Fireplace in Living Room. Warm, Charming and walk to town area.

Last Agent to Sell the Property

Joan Demers

Sotheby’s International Realty License #01320296 Listed on: 06/09/2014

Last Buyer's Agent

Christine Monteith

The Jones Group-Coast & Country Real Estate License #01343096

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • Fenced
  • Level Lot
  • Front Yard Sprinklers
  • Drought Tolerant Landscaping
  • Zoning described as R1

Property Views

  • Canyon
  • Neighborhood

Home Design

  • Spanish Architecture
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Thermostat
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 001-252-011

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 762.00
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 3
  • Map Top Coordinate: G
  • Thomas Bros Page: 80
  • Thomas Brothers: G3
  • Year Built: 1924
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Clay
  • View: Canyon, Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Drought Tolerant Plants, Fenced
  • Exterior: Brick, Stone, Stucco

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 001-252-011
  • List Price per Sq Ft: 765.00
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5600.00
  • Lot Size Area Min Search: 5600.00
  • Maximum Lot Size: 5600.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Unknown, Caulked/Sealed, Energy Audit - Required, City/County, Low Flow Shower, Low Flow Toilet, Thermostat Controller

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 2, 2014
Sold by
Rubin Jon and Rubin Beverly
Bought by
Fami Lawrence J Elrod and Fami Margaret A Elrod
Seller's Agent
Joan Demers
Sotheby’s International Realty
Buyer's Agent
Christine Monteith
The Jones Group-Coast & Country Real Estate
List Price
$765,000
Sold Price
$762,000
Premium/Discount to List
-$3,000
-0.39%
Current Estimated Value
$1,272,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,183
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Mar 13, 2008
Sold by
Rubin Jon and Rubin Beverly
Bought by
Rubin Jon and Rubin Beverly

Purchase Details

Closed on
Jan 8, 2007
Sold by
Frederickson Paul and Frederickson Shannon
Bought by
Rubin Jon and Rubin Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,600
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2003
Sold by
Frederickson Paul and Frederickson Shannon
Bought by
Frederickson Paul and Frederickson Shannon

Purchase Details

Closed on
Sep 1, 1998
Sold by
Wood Gertrude Doris
Bought by
Frederickson Paul and Frederickson Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.89%
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
Fami Lawrence J Elrod $762,000 First American Title Company
Rubin Jon -- None Available
Rubin Jon $817,000 First American Title Co
Frederickson Paul -- --
Frederickson Paul $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubin Jon $653,600
Previous Owner Frederickson Paul $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $762,000 -0.4% $762 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $765,000 -- $765 / 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 $9,833 $915,800 $600,920 $314,880
2024 $9,833 $897,844 $589,138 $308,706
2023 $9,604 $880,240 $577,587 $302,653
2022 $9,471 $862,981 $566,262 $296,719
2021 $9,334 $846,060 $555,159 $290,901
2020 $8,980 $837,386 $549,467 $287,919
2019 $9,426 $820,968 $538,694 $282,274
2018 $9,048 $804,872 $528,132 $276,740
2017 $8,378 $789,091 $517,777 $271,314
2016 $8,228 $773,620 $507,625 $265,995
2015 $8,111 $762,000 $500,000 $262,000
2014 $4,994 $465,000 $285,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81420408

MLSListings

APN: 001-252-011-000