NOT LISTED FOR SALE

127 Montecito Ave Unit 8 Monterey, CA 93940

VIlla Del Monte Neighborhood

Estimated Value: $657,000 - $680,000

2 Beds
1.5 Baths
1,123 Sq Ft
$300/mo HOA Fee

Last Sold February 11, 2022

Last sale price $575,000 $512 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,535/month

10 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Forced Air Heating System
  • Monterey High School Rated A
  • Bathroom on Main Level
  • Washer and Dryer

About This Home

As of February 2022

Lots of light in this two story unit. Living room, wood burning fireplace, kitchen, dining area, half bath and pantry downstairs, with two bedroom, one full bath upstairs. Attached single car garage with one additional assigned outside parking space. Property is vacant and ready to show.

Last Agent to Sell the Property

Lance Monosoff

Central Coast Properties License #00467033 Listed on: 12/17/2021

Last Buyer's Agent

Bill Faber

Carmel Realty Company License #01251959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,498

Year Built

  • 1982

Lot Details

  • 675

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,123 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Association fees include common area electricity, decks, exterior painting, garbage, insurance - common area, landscaping / gardening, reserves, roof
  • 8 Units
  • Montecito Condominiums Homeowners Assoc Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,498

Year Built

1982

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Zoning: R-3
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 39
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 6
  • Min Numberof Unitsin Complex: 8
  • Structure Sq Ft: 1123
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 1123
  • Laundry: Dryer, Washer / Dryer
  • Flooring: Carpet, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor, Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Montecito Condominiums Homeowners Assoc

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0155
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 677.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 677.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 10, 2022
Sold by
Douglas M Roesser 2004 Trust
Bought by
Powell Justin Randel
Seller's Agent
Lance Monosoff
Central Coast Properties
Buyer's Agent
Bill Faber
Carmel Realty Company
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$665,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,425
Avg. Annual Appreciation
4.57%
Original Mortgage
$460,000
Outstanding Balance
$430,427
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$237,970

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 4, 2022
Sold by
Younger Ephran M
Bought by
Ephran M Younger Trust
Seller's Agent
Lance Monosoff
Central Coast Properties
Buyer's Agent
Bill Faber
Carmel Realty Company
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$430,427
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$237,970

Purchase Details

Closed on
Mar 9, 2006
Sold by
Roesser Douglas M
Bought by
Roesser Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Roesser Douglas M
Bought by
Roesser Douglas M

Purchase Details

Closed on
Oct 15, 2003
Sold by
Billeci Rosemarie
Bought by
Roesser Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 1994
Sold by
Billeci Frank
Bought by
Billeci Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
8.38%
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
Powell Justin Randel $575,000 Old Republic Title
Ephran M Younger Trust -- Old Republic Title
Roesser Douglas M -- Accommodation
Roesser Douglas M -- Stewart Title Of Ca Inc
Roesser Douglas M -- --
Roesser Douglas M $360,000 First American Title
Billeci Rosemarie -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Justin Randel $460,000
Previous Owner Roesser Douglas M $337,000
Previous Owner Roesser Douglas M $340,000
Previous Owner Roesser Douglas M $288,000
Previous Owner Roesser Douglas M $30,000
Previous Owner Billeci Rosemarie $170,000
Previous Owner Billeci Rosemarie $28,000
Previous Owner Billeci Rosemarie $117,600
Previous Owner Billeci Rosemarie $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $575,000 0.0% $512 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $575,000 -- $512 / 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 $6,498 $598,230 $291,312 $306,918
2023 $6,341 $586,500 $285,600 $300,900
2022 $5,321 $575,000 $280,000 $295,000
2021 $4,928 $451,000 $226,000 $225,000
2020 $4,674 $440,000 $220,000 $220,000
2019 $4,773 $420,000 $210,000 $210,000
2018 $4,618 $415,000 $208,000 $207,000
2017 $3,879 $369,000 $184,000 $185,000
2016 $3,527 $335,000 $168,000 $167,000
2015 $3,276 $311,000 $156,000 $155,000
2014 $3,209 $304,000 $152,000 $152,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lance Monosoff

    Central Coast Properties

    (831) 649-3700

    1 in this area

    5 Total Sales

    Lance Monosoff
    Section Image

  • B

    Buyer's Agent in 2022

    Bill Faber

    Carmel Realty Company

    (831) 622-1000

    1 in this area

    2 Total Sales

    Bill Faber
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81872782

MLSListings

APN: 013-096-008-000

California Monterey County Monterey 93940 VIlla Del Monte

127 Montecito Ave Unit 8, Monterey, CA

This home is located at 127 Montecito Ave Unit 8, Monterey, CA 93940 since 17 December 2021 and is currently estimated at $665,425, approximately $592 per square foot. This property was built in 1982. 127 Montecito Ave Unit 8 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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