NOT LISTED FOR SALE

Estimated Value: $840,000 - $1,035,000

2 Beds
2.5 Baths
1,778 Sq Ft
$601/mo HOA Fee

Last Sold June 25, 2021

Last sale price $695,000 $391 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,070/month

35 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Sauna
  • Monterey High School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of June 2021

Location! You will absolutely love this 2 bedroom + office/den, 2.5 bath large 1778 square foot condominium in the sought after Monterey Woods community. Located just below sunny Fisherman's Flats and minutes to the Monterey Peninsula's favorite destinations. Downstairs you will enjoy the large kitchen, built in shelving, fireplace, living room and den with wet bar and fenced patio. Right off the living room and dining area is a private enclosed patio that opens up to surrounding greenspace. Upstairs is your spacious master bedroom and bath, with oversized walk-in closet, laundry, second bedroom and full bathroom. Monterey Woods has a community pool, spa, clubhouse and tennis court. Seldom does a value like this come around.

Last Agent to Sell the Property

Ben Beesley

KW Coastal Estates License #01362347 Listed on: 04/28/2021

KW Coastal Estates

Co-Listed By

Shannon Vereker

KW Coastal Estates License #02040842

Last Buyer's Agent

Pete Ruiz

KW Coastal Estates License #70010112

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,865

Year Built

  • 1975

Lot Details

  • 0.33

HOA Fees

  • $601 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,778 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace With Gas Starter
  • Separate Family Room
  • Den
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Synthetic Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub Includes Tile Surround

Parking

  • 1 Parking Space
  • 1 Carport Space
  • No Garage
  • Guest Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof, sewer, water
  • Monterey Woods Own Association

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,865

Year Built

1975

Lot Details

0

HOA Fees

$601 per month

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1778
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Eat In Kitchen
  • Kitchen: Countertop - Synthetic, Oven Range - Gas, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 1778
  • Stories: 2
  • Laundry: Inside, Upper Floor
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Additional Rooms: Den / Study / Office, Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half On Ground Floor, Tile

Exterior Features

  • Foundation: Post And Pier
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility, Pool - In Ground

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, No Garage
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Monterey Woods
  • HOA Fees: 601
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Reserves, Roof, Sewer, Water
  • HOA Exist: Yes
  • H O A Name Text: Monterey Woods Own Association

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 9, 2021
Sold by
Pelham Stephen H
Bought by
Stacy Alan and Russell Deborah
Seller's Agent
Ben Beesley
KW Coastal Estates
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$919,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,712
Avg. Annual Appreciation
6.67%
Original Mortgage
$660,250
Outstanding Balance
$597,774
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$321,938

Purchase Details

Closed on
Jun 1, 2012
Sold by
Kemp Christine Ann
Bought by
Pelham Stephen H

Purchase Details

Closed on
May 21, 2012
Sold by
Kemp Alan Scott
Bought by
Pelham Stephen H

Purchase Details

Closed on
Jan 29, 2008
Sold by
Kemp Christine Ann
Bought by
Kemp Christine Ann

Purchase Details

Closed on
Aug 17, 2006
Sold by
Kemp Christine Ann and Pelham Stephen H
Bought by
Kemp Christine Ann and Pelham Stephen H

Purchase Details

Closed on
Mar 11, 2000
Sold by
Pelham June C
Bought by
Pelham June C

Purchase Details

Closed on
Jun 10, 1996
Sold by
Robbins John H and Robbins Norma L
Bought by
Henry James Clinton and Bagby Patricia Eding

Purchase Details

Closed on
Oct 24, 1995
Sold by
Welch Thomas P
Bought by
Welch Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.59%
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
Stacy Alan $695,000 Chicago Title Company
Pelham Stephen H $165,000 None Available
Pelham Stephen H -- None Available
Kemp Christine Ann -- None Available
Kemp Christine Ann -- None Available
Pelham June C -- --
Henry James Clinton $265,000 First American Title Ins Co
Welch Thomas P -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stacy Alan $660,250
Previous Owner Welch Thomas P $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $695,000 0.0% $391 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $695,000 0.0% $391 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $695,000 -- $391 / 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 $7,865 $752,288 $378,850 $373,438
2024 $7,865 $737,538 $371,422 $366,116
2023 $7,783 $723,078 $364,140 $358,938
2022 $7,674 $708,900 $357,000 $351,900
2021 $3,193 $695,000 $350,000 $345,000
2020 $3,072 $285,274 $106,689 $178,585
2019 $3,223 $279,682 $104,598 $175,084
2018 $3,095 $274,199 $102,548 $171,651
2017 $2,866 $268,824 $100,538 $168,286
2016 $2,815 $263,554 $98,567 $164,987
2015 $2,775 $259,596 $97,087 $162,509
2014 $2,727 $254,512 $95,186 $159,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81840587

MLSListings

APN: 101-241-001-000