NOT LISTED FOR SALE

Estimated Value: $429,842 - $608,000

1 Bed
1 Bath
656 Sq Ft
$499/mo HOA Fee

Last Sold September 03, 2021

Last sale price $407,000 $620 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,510/month

7 Days on Market

Highlights

  • Community Cabanas
  • Bathtub with Shower
  • Dining Area
  • Monterey High School Rated A
  • Coin Laundry
  • Carpet

About This Home

As of September 2021

Top floor Monterey condo in one of the finest areas of the city. Located in bld. 1, with only one flight of stairs to the top floor, unique location in the complex. Unit features 1 bed, 1 bath, office nook, fireplace and private balcony. Unit has been upgraded with new carpet and paint. Fantastic opportunity to own in Monterey!

Last Agent to Sell the Property

Andrew Phillips

Phillips Real Estate License #02061112 Listed on: 08/05/2021

Last Buyer's Agent

Kathy Pomeroy

KW Coastal Estates License #01105499

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,511

Year Built

  • 1980

Lot Details

  • 6,534

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Reinforced Concrete Foundation
  • Tile Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 656 Sq Ft Home
  • Gas Log Fireplace
  • Dining Area
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Pool

  • Private Pool

Utilities

  • 220 Volts
  • Private Sewer

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, garbage, hot water, insurance - structure, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, roof, water / sewer
  • 89 Units
  • Golden Oaks Condominium Assoc. Association

Amenities

  • Coin Laundry

Recreation

  • Community Cabanas
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,511

Year Built

1980

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Zoning: 2g
  • Subclass: Condominium
  • Restrictions: Pets - Other
  • Age: 41
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 89
  • Structure Sq Ft: 656
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet
  • Fireplace: Yes
  • Living Sq Ft: 656
  • Laundry: Coin Operated, Community Facility
  • Flooring: Carpet
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower And Tub

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Yes
  • Roof: Aluminum Over Tar, Rolled Composition, Tile
  • Pool: Cabana / Dressing Room, Community Facility

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Underground Parking
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Private, Sewer - Public

Condo/Co-op/Association

  • Complex Name: Golden Oaks Condominium Assoc.
  • HOA Fees: 499
  • HOA Amenities: Bbq Area, Cabana, Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, No Association Docs Available, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Garbage, Hot Water, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Golden Oaks Condominium Assoc.

Schools

  • School District: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Banys Algis R
Bought by
Sedlak Sharon Marie
Current Estimated Value
$498,711

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
Outstanding Balance
$208,910
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$269,331

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 31, 2021
Sold by
Taylor Steve J
Bought by
Banys Algis R
Seller's Agent
Andrew Phillips
Phillips Real Estate
Buyer's Agent
Kathy Pomeroy
KW Coastal Estates
List Price
$409,000
Sold Price
$407,000
Premium/Discount to List
-$2,000
-0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Oct 26, 1993
Sold by
Simkin Michael
Bought by
Taylor Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,750
Interest Rate
6.88%
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
Sedlak Sharon Marie $300,000 Old Republic Title
Banys Algis R $407,000 Chicago Title Company
Taylor Steve J $112,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedlak Sharon Marie $225,000
Previous Owner Taylor Steve J $75,885
Previous Owner Taylor Steve J $92,000
Previous Owner Taylor Steve J $100,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $407,000 -0.5% $620 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $409,000 -- $623 / 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 $3,511 $318,362 $180,405 $137,957
2024 $3,511 $312,120 $176,868 $135,252
2023 $3,352 $306,000 $173,400 $132,600
2022 $4,469 $300,000 $170,000 $130,000
2021 $1,897 $407,000 $170,000 $237,000
2020 $1,825 $174,800 $52,823 $121,977
2019 $1,911 $171,374 $51,788 $119,586
2018 $1,835 $168,015 $50,773 $117,242
2017 $1,699 $164,722 $49,778 $114,944
2016 $1,667 $161,493 $48,802 $112,691
2015 $1,642 $159,068 $48,069 $110,999
2014 $1,613 $155,953 $47,128 $108,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81853818

MLSListings

APN: 001-942-009-000