NOT LISTED FOR SALE

1298 Sylvan Rd Monterey, CA 93940

Fisherman's Flats/Josselyn Canyon Neighborhood

Estimated Value: $1,839,000 - $2,354,000

3 Beds
3.5 Baths
2,866 Sq Ft
$753/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $1,415,000 $494 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $12,749/month

49 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Golf Course View
  • Family Room with Fireplace
  • Monterey High School Rated A
  • 0.89 Acre Lot
  • Wood Flooring

About This Home

As of January 2018

Magnificent property. Let the sun shine. First time ever on the market, custom built for the original owner. Attractive,immaculate, one story home overlooks & offering dramatic views of the prestigious Del Monte Golf Course! Located on approx 0.891 acres in Sun Belt area with inviting solar heat Swimming Pool, spa, pool house, patio & BBQ., perfect for relaxing or entertaining! Home approx. 2,886 sq.ft., with 3 bedrms, 3.5 bathrms (including the pool house bathrm), beautiful kitchen/dine rm, family rm with h/w floors, beamed ceiling, stone facade F/P insert & wet bar. Living rm with h/w floors, spacious multi-purpose rm with built in BBQ & brick facade F/P insert. Landscaped front yard, circular stone paved driveway, 3 car garage. The property sq.ft. is approximate & was measured by a third party vendor. The sq.ft. has not been verified or measured by the listing agents or the sellers. Buyer is advised to confirm & satisfy for himself/herself as to the exact square footage of property.

Last Agent to Sell the Property

Mario Torrente

Shankle Real Estate License #00515075 Listed on: 10/16/2017

Co-Listed By

Sarah Borgomini

Shankle Real Estate License #01455521

Last Buyer's Agent

Michelle Russell

Shankle Real Estate License #01944339

Shankle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,402

Year Built

  • Built in 1974

Lot Details

  • 0.89 Acre Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Off-Site Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,866 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Golf Course Views
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Solar Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 101-171-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,402

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2866
  • Year Built: 1974
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Insert
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 2866
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Fenced, Pool - In Ground, Pool - Solar
  • Roof: Composition
  • View: Golf Course
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Low Maintenance, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Site Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Existing Septic, Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

Lot Info

  • Lot Description: Views
  • Parcel Number: 101-171-005-000
  • Lot Acres: 0.8910
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38812.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 38812.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jan 5, 2018
Sold by
Cavaliera Fiorenca
Bought by
Mercurio Family Trust
Seller's Agent
Mario Torrente
Shankle Real Estate
Buyer's Agent
Michelle Russell
Shankle Real Estate
List Price
$1,675,000
Sold Price
$1,415,000
Premium/Discount to List
-$260,000
-15.52%
Current Estimated Value
$2,158,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,693
Avg. Annual Appreciation
5.57%
Original Mortgage
$815,000
Outstanding Balance
$687,587
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,471,106

Purchase Details

Closed on
Sep 20, 2017
Sold by
Cavaliere Florence C and Cavaliere Florence
Bought by
Cavaliere Florence

Purchase Details

Closed on
Dec 6, 2013
Sold by
Tringali Anthony
Bought by
Tringali Anthony and Tringali Eva Marie

Purchase Details

Closed on
Dec 19, 2012
Sold by
Cavaliere Florence C and Tringali Anthony
Bought by
Tringali Maria and Tringali Mary

Purchase Details

Closed on
Oct 22, 2010
Sold by
Tringali Maria
Bought by
Tringali Maria

Purchase Details

Closed on
Aug 11, 1994
Sold by
Ybarro Edward and Ybarro Josephine P
Bought by
Tringali Philip C and Tringali Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
8.37%
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
Mercurio Family Trust $1,415,000 Chicago Title Co
Cavaliere Florence -- None Available
Tringali Anthony -- None Available
Tringali Maria -- None Available
Cavaliere Florence C -- None Available
Tringali Maria -- None Available
Tringali Philip C $325,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercurio Family Trust $815,000
Previous Owner Tringali Philip C $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $1,415,000 -10.2% $494 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $1,575,000 -6.0% $550 / Sq Ft
10/16/2017 10/16/17 For Sale $1,675,000 -- $584 / 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 $17,402 $1,686,524 $682,696 $1,003,828
2024 $17,402 $1,653,456 $669,310 $984,146
2023 $16,813 $1,597,507 $656,187 $941,320
2022 $16,581 $1,517,165 $643,321 $873,844
2021 $16,339 $1,487,417 $630,707 $856,710
2020 $15,720 $1,472,166 $624,240 $847,926
2019 $16,501 $1,443,300 $612,000 $831,300
2018 $2,595 $218,371 $34,038 $184,333
2017 $2,412 $214,090 $33,371 $180,719
2016 $2,371 $209,893 $32,717 $177,176
2015 $2,339 $206,741 $32,226 $174,515
2014 $2,301 $202,692 $31,595 $171,097
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mario Torrente

    Shankle Real Estate

    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sarah Borgomini

    Shankle Real Estate

    Section Image

  • M

    Buyer's Agent in 2018

    Michelle Russell

    Shankle Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81681761

MLSListings

APN: 101-171-005-000

California Monterey County Monterey 93940 Fisherman's Flats/Josselyn Canyon

1298 Sylvan Rd, Monterey, CA

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