NOT LISTED FOR SALE

125 Surf Way Unit 311 Monterey, CA 93940

Del Monte Beach Neighborhood

Estimated Value: $646,000 - $725,000

1 Bed
1 Bath
533 Sq Ft
0.9 Acres Lot

Sale Details

Date Sold: May 7, 2021

Last sale price $605,000 $1,135 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,126 / mo

24 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Community
  • Monterey High School Rated A
  • Private Pool
  • 3-minute walk to Spray Ave. Tot Lot

About This Home

As of May 2021

Awaken to the sound of the waves lapping the beach, relax as the day wanes overlooking the Monterey Bay and Harbor, and finally say goodnight as the lights twinkle across the Bay. The views will never disappoint at Number 311. Enjoy being mere steps to Del Monte Beach, the Rec Trail, wharf and all that Monterey has to offer. A freshly painted 1 bedroom unit on the main level awaits. Other features include an updated Eaton electrical sub-panel, custom California Closets system and a Bosch Range. This is a perfect beach weekend get-away or full-time residence. Enjoy the community pools, exercise room, strolling the beach, or relax on your own balcony and watch the waves on the shoreline.

Last Agent to Sell the Property

Renee Catania

Monterey Coast Realty License #01954589 Listed on: 03/12/2021

Co-Listed By

Elizabeth Dini

Carmel Realty Company License #01874522

Last Buyer's Agent

Pete Ruiz

KW Coastal Estates License #70010112

KW Coastal Estates

Property Details

Home Type

  • Condominium

Year Built

  • 1968

Lot Details

  • Mostly Level

HOA Fees

  • $763 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 533 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony
  • Deck

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Thermostat
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, sewer, water, water / sewer
  • 172 Units
  • Compass Association
  • The community has rules related to parking rules

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Common Utility Room
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

1968

Lot Details

0.9 Acres

HOA Fees

$763 per month

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Age - No Restrictions, Parking Restrictions, Pets - Allowed, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Number Restrictions, Pets - Restrictions, Pets - Rules
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 172
  • Structure Sq Ft: 533
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1968

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 533
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Community Facility
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full On Ground Floor, Granite, Stall Shower, Tile

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Pool Description: Yes
  • Roof: Composition, Tar And Gravel
  • View: Bay, City Lights, Ocean
  • Yard/Grounds: Balcony / Patio, Deck
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Spa - In Ground, Spa / Hot Tub, Steam Room Or Sauna
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Electric Gate, Gate / Door Opener, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Community Sewer / Septic, Sewer - Public

Condo/Co-op/Association

  • Complex Name: Ocean Harbor House
  • HOA Fees: 763
  • HOA Amenities: Additional Storage, Club House, Common Utility Room, Community Pool, Community Security Gate, Gym / Exercise Facility, Recreation Room, Sauna / Spa / Hot Tub
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Roof, Sewer, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Compass

Lot Info

  • Lot Description: Grade - Mostly Level, Views
  • Soil: Unknown

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 30, 2021
Sold by
Basham Madison Westlake
Bought by
Farooqi Mufti Saadat Ahmed and Farooqi Gazala Mufti
Seller's Agent
Renee Catania
Monterey Coast Realty
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$605,000
Sold Price
$605,000
Current Estimated Value
$697,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,802
Avg. Annual Appreciation
2.86%
Original Mortgage
$354,000
Outstanding Balance
$320,812
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$376,990

Purchase Details

Closed on
Aug 8, 2018
Sold by
Basham Madison
Bought by
Basham Madison Westlake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2017
Closed on
Feb 12, 2018
Sold by
Lees Ellen S
Bought by
Basham Madison
Seller's Agent
Becky Jones
Sotheby’s International Realty
Buyer's Agent
Elizabeth Dini
Alain Pinel Realtors
List Price
$539,000
Sold Price
$522,000
Premium/Discount to List
-$17,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 26, 2013
Sold by
Brandstad Jon E and Brandstad Christine D
Bought by
Lees Ellen S
Seller's Agent
Susan Spiegel
Keller Williams Realty
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$296,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2011
Sold by
Magram Richard O
Bought by
Brandstad Jon E and Brandstad Christine D

Purchase Details

Closed on
May 15, 2004
Sold by
Bigelow Kim and Ross Allen C
Bought by
Magram Richard O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 1994
Sold by
Ocean Harbor House L P
Bought by
Ross Allen C and Bigelow Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
8.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Farooqi Mufti Saadat Ahmed $605,000 Chicago Title Company
Basham Madison Westlake -- Old Republic Title Co
Basham Madison $522,000 Old Republic Title Co S
Lees Ellen S $370,000 Chicago Title Company
Brandstad Jon E $320,000 Chicago Title Company
Magram Richard O $380,000 First American Title
Ross Allen C $153,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Farooqi Mufti Saadat Ahmed $354,000
Previous Owner Basham Madison Westlake $200,000
Previous Owner Lees Ellen S $296,000
Previous Owner Magram Richard O $200,000
Previous Owner Ross Allen C $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2021 05/07/21 Sold $605,000 0.0% $1,135 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $605,000 +15.9% $1,135 / Sq Ft
02/16/2018 02/16/18 Sold $522,000 -3.2% $979 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $539,000 +45.7% $1,011 / Sq Ft
03/04/2013 03/04/13 Sold $370,000 -2.4% $721 / Sq Ft View Prior Sale
01/29/2013 01/29/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $379,000 -- $739 / Sq Ft
Source: MLSListings

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 $7,041 $654,869 $432,972 $221,897
2024 $7,041 $642,030 $424,483 $217,547
2023 $6,847 $629,442 $416,160 $213,282
2022 $6,752 $617,100 $408,000 $209,100
2021 $5,962 $605,000 $400,000 $205,000
2020 $5,735 $543,088 $416,160 $126,928
2019 $6,019 $532,440 $408,000 $124,440
2018 $4,500 $400,431 $297,619 $102,812
2017 $4,167 $392,581 $291,784 $100,797
2016 $4,092 $384,884 $286,063 $98,821
2015 $4,033 $379,104 $281,767 $97,337
2014 $3,963 $371,679 $276,248 $95,431
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Renee Catania

    Monterey Coast Realty

    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Elizabeth Dini

    Carmel Realty Company

    Section Image

  • P

    Buyer's Agent in 2021

    Pete Ruiz

    KW Coastal Estates

    Section Image
  • Becky Jones

    Seller's Agent in 2018

    Becky Jones

    Sotheby’s International Realty

    (831) 601-0237

    Becky Jones
    Section Image

  • S

    Seller's Agent in 2013

    Susan Spiegel

    Keller Williams Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81833906

MLSListings

APN: 011-443-019-000

California Monterey County Monterey 93940 Del Monte Beach

125 Surf Way Unit 311, Monterey, CA

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