NOT LISTED FOR SALE

125 Surf Way Unit 332 Monterey, CA 93940

Del Monte Beach Neighborhood

Estimated Value: $790,000 - $961,000

1 Bed
1 Bath
830 Sq Ft
$1,026/mo HOA Fee

Last Sold June 16, 2023

Last sale price $885,000 $1,066 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,841/month

31 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Bathroom on Main Level
  • Monterey High School Rated A
  • Open to Family Room
  • 3-minute walk to Spray Ave. Tot Lot

About This Home

As of June 2023

Freshly remodeled unit with a large patio deck and stunning views of the ocean, Monterey Bay, and city lights is a great place to relax and enjoy the beach life! This single level, spacious condo is full of natural light, has its own private entrance with a covered parking spot next to the unit making it easily accessible when unloading the car. The beach-close complex offers many amenities: a fitness room, hot tub, and two heated pools which is perfect for residents who want to maintain an active lifestyle. Its location allows you to enjoy miles of sandy beach with easy access to popular attractions such as Monterey Bay, the pier, shopping, restaurants, golf, and fishing. It is a property perfect for anyone looking for a primary residence, a vacation home, or an investment property as it is currently used as a vacation rental. Additionally, the nearby areas of Carmel, Pebble Beach, and Pacific Grove offer even more opportunities for leisure and entertainment. Ready to move in?

Last Agent to Sell the Property

Tenley Baxter

Sotheby’s International Realty License #01755293 Listed on: 04/19/2023

Sotheby’s International Realty

Last Buyer's Agent

Joshua Ferguson

Universal Listing, Inc. License #01713546

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,831

Year Built

  • Built in 1968

Lot Details

  • 6,970

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Open to Family Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 011-443-066-000

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, garbage, hot water, maintenance - common area, pool spa or tennis
  • 172 Units
  • Ocean Harbor Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,831

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,026 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 55
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 172
  • Structure Sq Ft: 830
  • Year Built: 1968
  • Zoning Description: R-3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Living Sq Ft: 830
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Community Facility
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full on Ground Floor, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility
  • View: Bay, City Lights, Ocean
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 1026
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Garbage, Hot Water, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Ocean Harbor
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 011-443-066-000

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
Oct 15, 2019
Closed on
Jul 28, 2020
Sold by
Dempster Donna J
Bought by
Neubert Jon and Neubert Malinda
Seller's Agent
Laura Ansley
Coldwell Banker Realty
Buyer's Agent
Tenley Baxter
Sotheby’s International Realty
List Price
$565,000
Sold Price
$475,000
Premium/Discount to List
-$90,000
-15.93%
Current Estimated Value
$896,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,778
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Jun 16, 2018
Sold by
Neubert Family Trust
Bought by
Trapp Family Trust

Purchase Details

Listed on
Jun 22, 2015
Closed on
Nov 16, 2015
Sold by
Ruckle Patricia L
Bought by
Dempster Donna J
Seller's Agent
Susan Spiegel
KW Coastal Estates
Buyer's Agent
Laura Ansley
Coldwell Banker Realty
List Price
$470,000
Sold Price
$453,000
Premium/Discount to List
-$17,000
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$360,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Arellano Karen Yamamoto and Yamamoto Karen J
Bought by
Ruckle Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 1998
Sold by
Hernandez Peter M
Bought by
Yamamoto Karen J
Source: Public Records

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Range of Values:

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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
Neubert Jon $475,000 Chicago Title Company
Trapp Family Trust $885,000 Old Republic Title Company
Dempster Donna J $453,000 Chicago Title Company
Ruckle Patricia L $435,000 First American Title
Yamamoto Karen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dempster Donna J $360,000
Previous Owner Ruckle Patricia L $238,037
Previous Owner Ruckle Patricia L $348,000
Closed Ruckle Patricia L $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $885,000 -0.6% $1,066 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $890,000 +87.4% $1,072 / Sq Ft
07/30/2020 07/30/20 Sold $475,000 -9.5% $572 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $525,000 -3.7% $633 / Sq Ft
12/06/2019 12/06/19 Price Changed $545,000 -3.5% $657 / Sq Ft
10/15/2019 10/15/19 For Sale $565,000 +24.7% $681 / Sq Ft
11/20/2015 11/20/15 Sold $453,000 -0.4% $546 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
08/17/2015 08/17/15 Price Changed $455,000 -3.2% $548 / Sq Ft
06/22/2015 06/22/15 For Sale $470,000 -- $566 / 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
2024 $9,831 $902,700 $357,000 $545,700
2023 $5,385 $885,000 $350,000 $535,000
2022 $5,311 $484,500 $306,000 $178,500
2021 $5,233 $475,000 $300,000 $175,000
2020 $5,175 $490,340 $378,850 $111,490
2019 $5,431 $480,726 $371,422 $109,304
2018 $5,211 $471,301 $364,140 $107,161
2017 $4,823 $462,060 $357,000 $105,060
2016 $4,735 $453,000 $350,000 $103,000
2015 $5,190 $496,000 $228,000 $268,000
2014 $4,547 $434,000 $200,000 $234,000
Source: Public Records

Agents Affiliated with this Home

  • Tenley Baxter

    Seller's Agent in 2023

    Tenley Baxter

    Sotheby’s International Realty

    (650) 248-5030

    2 in this area

    61 Total Sales

    Tenley Baxter
    Section Image

  • J

    Buyer's Agent in 2023

    Joshua Ferguson

    Universal Listing, Inc.

    (408) 997-1000

    1 in this area

    4 Total Sales

    Joshua Ferguson
    Section Image
  • Laura Ansley

    Seller's Agent in 2020

    Laura Ansley

    Coldwell Banker Realty

    (785) 248-8248

    1 in this area

    10 Total Sales

    Laura Ansley
    Section Image
  • Susan Spiegel

    Seller's Agent in 2015

    Susan Spiegel

    KW Coastal Estates

    (831) 915-5585

    20 in this area

    30 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81923780

MLSListings

APN: 011-443-066-000

California Monterey County Monterey 93940 Del Monte Beach

125 Surf Way Unit 332, Monterey, CA

This home is located at 125 Surf Way Unit 332, Monterey, CA 93940 since 19 April 2023 and is currently estimated at $896,778, approximately $1,080 per square foot. This property was built in 1968. 125 Surf Way Unit 332 is a home located in Monterey County with nearby schools including Foothill Elementary School, Monte Vista Elementary School, and Monterey High School.

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