NOT LISTED FOR SALE

120 Pheasant Ridge Rd Monterey, CA 93940

Estimated Value: $664,570 - $739,000

2 Beds
2 Baths
1,056 Sq Ft
$358/mo HOA Fee

Last Sold April 30, 2019

Last sale price $492,375 $466 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,466/month

11 Days on Market

Highlights

  • In Ground Pool
  • View of Hills
  • Deck
  • Monterey High School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of April 2019

Pristine unit in The Oaks community of Del Rey Oaks, the sunbelt of the Monterey Peninsula. Location is everything and this move-in ready two bed and two bath condo is one of only four within this popular complex without a unit above or below. Features include beautiful wide plank fir floors, like-new SS appliances, lovely gas-log fireplace, lots of natural light and serene views of the hills and majestic oaks. Custom drapery, newer high efficiency forced-air furnace and tank-less water heater are added value. The Oaks has great walking paths, in-ground pool and hot tub, tennis court, reserved parking, plus extra storage.

Last Agent to Sell the Property

Arleen Hardenstein

Sotheby’s International Realty License #01710953 Listed on: 02/28/2019

Sotheby’s International Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1988

Lot Details

  • Drought Tolerant Landscaping
  • Grass Covered Lot

HOA Fees

  • $358 Monthly HOA Fees

Property Views

  • Hills
  • Forest
  • Park or Greenbelt

Home Design

  • Shingle Roof
  • Composition Roof
  • Piling Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Warming Drawer
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 012-613-002-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, exterior painting, garbage, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - road, management fee, pool spa or tennis, recreation facility, reserves, roof
  • 150 Units
  • The Oaks Of Dro Association
  • Built by The Oaks
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,729

Year Built

Built in 1988

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Allowed, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Restrictions, Pets - Rules
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 150
  • Structure Sq Ft: 1056
  • Complex Name: The Oaks
  • Incorporated: Yes
  • Year Built: 1988
  • Zoning Description: Multifamily Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area, Dining Area in Living Room
  • Kitchen: Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator, Warming Drawer
  • Living Sq Ft: 1056
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Solid Surface, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Piling
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Composition, Shingle
  • View: Forest / Woods, Greenbelt, Hills
  • Yard/Grounds: Balcony / Patio, Deck, Drought Tolerant Plants, Low Maintenance, Tennis Court
  • Pool: Yes

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Guest / Visitor Parking, Uncovered Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 358
  • HOA Amenities: Additional Storage, Club House, Community Pool, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof
  • H O A Name Text: The Oaks of DRO
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Parcel Number: 012-613-002-000
  • Lot Acres: 0.0253
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1103.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1103.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Low Flow Shower, Low Flow Toilet, Tankless Water Heater

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Bileci Joseph E and Bileci Linda S
Bought by
Bileci Joseph E and Bileci Linda S
Current Estimated Value
$693,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,325
Outstanding Balance
$327,617
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$366,026

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 30, 2019
Sold by
Ilangakoon Ruani C
Bought by
Bileci Gabriel J and Bileci Joseph E
Seller's Agent
Arleen Hardenstein
Sotheby’s International Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$505,000
Sold Price
$492,375
Premium/Discount to List
-$12,625
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Interest Rate
4.2%

Purchase Details

Closed on
Mar 13, 2010
Sold by
Vanderpol Sharon E
Bought by
Ilangakoon Ruani C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Vanderpol Ron
Bought by
Vanderpol Sharon E

Purchase Details

Closed on
May 8, 1998
Sold by
Axelrod Jack B and Axelrod Sadie W
Bought by
Pierovich Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.25%

Purchase Details

Closed on
Dec 1, 1995
Sold by
Wood Rowena J
Bought by
Wood James K
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
Bileci Joseph E -- First American Title Company
Bileci Joseph E -- First American Title Company
Bileci Gabriel J $492,500 --
Ilangakoon Ruani C $370,000 Chicago Title Company
Vanderpol Sharon E -- Old Republic Title
Vanderpol Sharon E $458,000 Old Republic Title
Pierovich Amy E $210,000 First American Title
Wood James K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bileci Joseph E $369,325
Closed Bileci Gabriel J --
Previous Owner Ilangakoon Ruani C $270,000
Previous Owner Pierovich Amy E $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $492,375 -2.5% $466 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $505,000 -- $478 / 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 $5,729 $549,249 $306,766 $242,483
2024 $5,729 $538,480 $300,751 $237,729
2023 $5,669 $527,922 $294,854 $233,068
2022 $5,589 $517,572 $289,073 $228,499
2021 $5,506 $507,424 $283,405 $224,019
2020 $5,296 $502,222 $280,500 $221,722
2019 $4,827 $428,140 $214,070 $214,070
2018 $4,632 $419,746 $209,873 $209,873
2017 $4,287 $411,516 $205,758 $205,758
2016 $4,209 $403,448 $201,724 $201,724
2015 $3,922 $376,000 $188,000 $188,000
2014 $3,523 $336,000 $168,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81740689

MLSListings

APN: 012-613-002-000