NOT LISTED FOR SALE

Estimated Value: $1,659,000 - $1,699,000

4 Beds
2 Baths
1,818 Sq Ft
$922/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,400,000 $770 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,454/month

9 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Den
  • Monterey High School Rated A
  • Deck
  • Bathtub with Shower

About This Home

As of June 2021

Dreaming of a beach home where you can gaze at the ocean views from your deck as you watch the sunrise?This well cared for abode in New Monterey is your chance to make that dream a reality.At 1,818 sq.ft with 4 beds 2 baths and additional office plus attached 2 car garage there is plenty of room for the whole family.The 7,405 sq. ft. corner lot sits in one of most desirable and quiet neighborhoods in Monterey.Upon entering you notice the natural lighting,new flooring that flows throughout along with the cozy fireplace.There's also ample storage and indoor laundry. From the deck and front yard patio you can relax and enjoy the ocean views.Newly landscaped front yard includes native plants and new drip system.Large back yard provides plenty of space to entertain family & friends along with several fruit bearing lemon,apple,and plum trees.Short distance to Cannery Row and Cypress Park where you can sit and enjoy the views while the kids play.Don't miss this one before it's too late!

Last Agent to Sell the Property

Peter Boggs

Coldwell Banker Realty License #02019610 Listed on: 05/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Maggy Slavova

Golden Trust Realty License #01387995

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,123

Year Built

  • 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Composition Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wine Cellar
  • Separate Family Room
  • Dining Area
  • Den
  • Crawl Space
  • Alarm System

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Deck
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,123

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1818
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1818
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Laundry Room, Office Area, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Bay, City Lights, Ocean
  • Yard/Grounds: Back Yard, Deck, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Views
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 22, 2021
Sold by
Knight Woodrow Selvey and The Knight Family Trust
Bought by
Georgiev Todor Georgiev and Georgieva Elka Dineva
Seller's Agent
Peter Boggs
Coldwell Banker Realty
Buyer's Agent
Maggy Slavova
Golden Trust Realty
List Price
$1,288,888
Sold Price
$1,400,000
Premium/Discount to List
$111,112
8.62%
Current Estimated Value
$1,675,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,316
Avg. Annual Appreciation
4.17%
Original Mortgage
$840,000
Outstanding Balance
$763,820
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$896,566

Purchase Details

Closed on
Nov 18, 2010
Sold by
Knight Carla
Bought by
Knight Woodrow S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Knight Woodrow S and Knight Lillie W S
Bought by
Knight Woodrow S and Knight Lillie W S

Purchase Details

Closed on
Jul 17, 2003
Sold by
Knight Woodrow S and Knight Lillie W S
Bought by
Knight Woodrow S and Knight Lillie W S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.15%
Mortgage Type
Stand Alone First
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
Georgiev Todor Georgiev $1,400,000 Old Republic Title Company
Knight Woodrow S -- Chicago Title Company
Knight Woodrow S -- --
Knight Woodrow S -- --
Knight Woodrow S -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georgiev Todor Georgiev $840,000
Previous Owner Knight Woodrow S $210,000
Previous Owner Knight Woodrow S $190,000
Previous Owner Knight Woodrow S $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,400,000 +8.6% $770 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,288,888 -- $709 / 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 $16,123 $1,515,403 $920,066 $595,337
2024 $16,123 $1,485,690 $902,026 $583,664
2023 $15,847 $1,456,560 $884,340 $572,220
2022 $15,629 $1,428,000 $867,000 $561,000
2021 $3,567 $1,400,000 $850,000 $550,000
2020 $3,433 $320,365 $130,002 $190,363
2019 $3,597 $314,084 $127,453 $186,631
2018 $3,455 $307,926 $124,954 $182,972
2017 $3,202 $301,889 $122,504 $179,385
2016 $3,145 $295,970 $120,102 $175,868
2015 $3,099 $291,525 $118,298 $173,227
2014 $3,046 $285,815 $115,981 $169,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81844979

MLSListings

APN: 001-139-033-000