NOT LISTED FOR SALE

125 Surf Way Unit 432 Monterey, CA 93940

Del Monte Beach Neighborhood

Estimated Value: $912,000 - $1,138,000

2 Beds
2 Baths
1,214 Sq Ft
6,098 Sq Ft Lot

Last Sold February 15, 2013

Last sale price $610,000 $502 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,245/month

13 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Monterey High School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Spray Ave. Tot Lot

About This Home

As of February 2013

Rare top floor unit w/ private 500 sq ft deck. Outdoor living is priceless here w/ views of everything from the bay to the stunning night lights. The living room also has ocean views and its own view deck.

Last Agent to Sell the Property

John Saar

Sotheby’s International Realty License #00470851 Listed on: 12/21/2012

Last Buyer's Agent

Susan Spiegel

Keller Williams Realty License #01469814

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,051

Year Built

  • Built in 1968

Lot Details

  • 6,098

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,214 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Heating
  • Wood Insert Heater
  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 011-443-073

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, roof, water, exterior painting, garbage, insurance - common area
  • Compass Prop Management Association

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,051

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 45
  • Sale Price Per Sq Ft: 502.47
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1214
  • Incorporated: Yes
  • Map Book Page: 1134
  • Map Side Coordinate: 2
  • Map Top Coordinate: C
  • Thomas Bros Page: 1134
  • Thomas Brothers: C2
  • Year Built: 1968
  • Zoning Description: RES
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Wood Burning, Insert
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Refrigerator, 220 Volt Outlet
  • Living Sq Ft: 1214
  • Stories: 2
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, Laundry Facility - Coin-Op, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Post and Pier, Concrete Perimeter
  • View: Bay, Mountains, Ocean, City Lights

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Heating - 2+ Zones, Electric

Condo/Co-op/Association

  • HOA Fees: 618
  • HOA Amenities: Club House, Additional Storage, Gym / Exercise Facility, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Bylaws, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Water, Exterior Painting, Garbage, Insurance - Common Area
  • H O A Name Text: Compass Prop Management
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 011-443-073
  • List Price per Sq Ft: 576.19
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1716.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1716.00
  • Lot Size Area Min Search: 1716.00
  • Maximum Lot Size: 1716.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • 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
Dec 21, 2012
Closed on
Mar 1, 2013
Sold by
Nhse Ca Lynch Llc
Bought by
Brandstad Jon E and Brandstad Christine D
Seller's Agent
John Saar
Sotheby’s International Realty
Buyer's Agent
Susan Spiegel
Keller Williams Realty
List Price
$699,500
Sold Price
$610,000
Premium/Discount to List
-$89,500
-12.79%
Current Estimated Value
$1,054,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,411
Avg. Annual Appreciation
4.41%

Purchase Details

Listed on
Dec 21, 2012
Closed on
Feb 11, 2013
Sold by
Rainero David M and Rainero Anne S
Bought by
Nshe Ca Lynch Llc
Seller's Agent
John Saar
Sotheby’s International Realty
Buyer's Agent
Susan Spiegel
Keller Williams Realty
List Price
$699,500
Sold Price
$610,000
Premium/Discount to List
-$89,500
-12.79%

Purchase Details

Closed on
Dec 2, 2003
Sold by
Rainero David M and Rainero Anne W
Bought by
Rainero David M and Rainero Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2003
Sold by
Horner John D and Horner Gretchen W
Bought by
Horner John D and Horner Gretchen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
4.53%

Purchase Details

Closed on
Jun 1, 2002
Sold by
Horner John D and Horner Gretchen W
Bought by
Horner John D

Purchase Details

Closed on
Sep 17, 1999
Sold by
Horner John D and Horner Gretchen W
Bought by
Horner John D and Horner Gretchen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
3.45%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Horner John D and Horner Gretchen W
Bought by
Horner John D and Horner Gretchen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
3.45%

Purchase Details

Closed on
Dec 23, 1993
Sold by
Horner John D and Horner Gretchen
Bought by
Horner John D and Horner Gretchen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.5%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Ocean Harbor House Lp
Bought by
Horner John D and Horner Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.5%
Source: Public Records

Range of Values:

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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
Brandstad Jon E -- Chicago Title Company
Nshe Ca Lynch Llc $610,000 Chicago Title Company
Rainero David M -- Stewart Title
Rainero David M $660,000 Stewart Title
Horner John D -- Old Republic Title Company
Horner John D -- Old Republic Title
Horner John D -- First American Title
Horner John D -- Fidelity National Title Co
Horner John D -- Fidelity National Title Co
Horner John D -- --
Horner John D $192,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rainero David M $333,700
Previous Owner Horner John D $463,000
Previous Owner Horner John D $266,500
Previous Owner Horner John D $234,000
Closed Rainero David M $146,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $610,000 -12.8% $502 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $699,500 -- $576 / 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 $8,051 $751,162 $554,138 $197,024
2024 $8,051 $736,434 $543,273 $193,161
2023 $7,847 $721,995 $532,621 $189,374
2022 $7,738 $707,839 $522,178 $185,661
2021 $7,625 $693,961 $511,940 $182,021
2020 $7,336 $686,846 $506,691 $180,155
2019 $7,702 $673,379 $496,756 $176,623
2018 $7,392 $660,176 $487,016 $173,160
2017 $6,842 $647,232 $477,467 $169,765
2016 $6,719 $634,542 $468,105 $166,437
2015 $6,623 $625,011 $461,074 $163,937
2014 $6,508 $612,769 $452,043 $160,726
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Saar

    Sotheby’s International Realty

  • S

    Buyer's Agent in 2013

    Susan Spiegel

    Keller Williams Realty

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Map

Source: MLSListings

MLS Number: ML81243582

MLSListings

APN: 011-443-073-000

California Monterey County Monterey 93940 Del Monte Beach

125 Surf Way Unit 432, Monterey, CA

This home is located at 125 Surf Way Unit 432, Monterey, CA 93940 since 21 December 2012 and is currently estimated at $1,054,411, approximately $868 per square foot. This property was built in 1968. 125 Surf Way Unit 432 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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