NOT LISTED FOR SALE

140 Quail Run Ct Monterey, CA 93940

Estimated Value: $664,000 - $714,000

2 Beds
2 Baths
1,088 Sq Ft
$394/mo HOA Fee

Last Sold May 28, 2021

Last sale price $550,000 $506 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,472/month

6 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Guest Parking
  • Monterey High School Rated A
  • Open to Family Room
  • Forced Air Heating System

About This Home

As of May 2021

Wonderful opportunity to own a private, completely remodeled 2 bedroom, 2 full bathroom condo in Del Rey Oaks! The spacious layout is ideal for family life and entertaining, and features a large deck just off the living room with peaceful views providing the perfect place to unwind. Cozy gas fireplace, beautiful hardwood floors throughout, kitchen has stainless steel appliances, built-in espresso maker, and granite countertops. Spacious bedrooms with built-in cabinetry, bathrooms have a modern feel, in-unit laundry, and designated covered carport. This unit has quality touches throughout. The complex offers an outdoor pool, spa, clubhouse and sports courts, beautifully landscaped common areas and well maintained walking paths throughout the property. Located just minutes to Downtown Monterey, shopping, restaurants and close to all that the Monterey Peninsula has to offer!

Last Agent to Sell the Property

Phil Billiet

Avior Real Estate License #01218829 Listed on: 04/29/2021

Last Buyer's Agent

Vilia Gilles

Sotheby’s International Realty License #00883948

Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,213

Year Built

  • 1988

Lot Details

  • 10,001

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Area

Kitchen

  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, garbage, insurance - common area, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, roof, water / sewer
  • The Oaks Of Del Rey Condominium Assoc Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,213

Year Built

1988

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Zoning: R-1
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1088
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite
  • Fireplace: Yes
  • Living Sq Ft: 1088
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Pool - Sport, Spa / Hot Tub

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking, Parking Restrictions
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Drainage - Public Storage

Condo/Co-op/Association

  • HOA Fees: 394
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, Or Tennis, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: The Oaks of Del Rey Condominium Assoc

Schools

  • High School: 545

Lot Info

  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 21, 2021
Sold by
Cortese Olga B and Cortese Revocable Trust
Bought by
Degroot Peter and Degroot Rosa
Seller's Agent
Phil Billiet
Avior Real Estate
Buyer's Agent
Vilia Gilles
Sotheby’s International Realty
List Price
$510,000
Sold Price
$550,000
Premium/Discount to List
$40,000
7.84%
Current Estimated Value
$680,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,059
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Dec 14, 2015
Sold by
Cortese Olga B
Bought by
Cortese Olga B

Purchase Details

Listed on
Jan 23, 2015
Closed on
Mar 5, 2015
Sold by
Kelley Timothy M
Bought by
Cortese Ody B
Seller's Agent
Donna Mcguire
Monopoly Real Estate
Buyer's Agent
Donna Mcguire
Monopoly Real Estate
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
May 5, 2008
Sold by
Kelley Timothy Michael
Bought by
Kelley Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2007
Sold by
Birt Patrick and Birt Janine
Bought by
Kelley Timothy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.67%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 25, 2004
Sold by
Geiger Michael and Geiger Loretta
Bought by
Birt Patrick and Birt Janine

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
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2002
Sold by
Ursino Theodore J and Ursino Josie
Bought by
Geiger Michael and Geiger Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.99%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Ursino Theodore J and Ursino Josephine
Bought by
Ursino Theodore J and Ursino Josie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.5%

Purchase Details

Closed on
May 20, 1999
Sold by
Ursino Theodore J and Ursino Josephine M
Bought by
Ursino Theodore J and Ursino Josephine

Purchase Details

Closed on
Jul 11, 1997
Sold by
Dean James B and Dean Linda J
Bought by
Ursino Theodore J and Ursino Josephine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.95%
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
Degroot Peter $550,000 Old Republic Title Company
Cortese Olga B -- None Available
Cortese Ody B $420,000 Chicago Title Company
Kelley Timothy M -- Old Republic Title Company
Kelley Timothy Michael $470,000 First American Title Co
Birt Patrick $425,000 Old Republic Title
Geiger Michael $306,000 Old Republic Title
Ursino Theodore J -- Fidelity Title
Ursino Theodore J -- --
Ursino Theodore J $145,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Timothy M $376,000
Previous Owner Kelley Timothy Michael $376,000
Previous Owner Birt Patrick $340,000
Previous Owner Geiger Michael $244,800
Previous Owner Ursino Theodore J $110,000
Previous Owner Ursino Theodore J $108,750
Closed Geiger Michael $45,900
Closed Birt Patrick $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $550,000 +7.8% $506 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $510,000 +21.4% $469 / Sq Ft
03/30/2015 03/30/15 Sold $420,000 -1.2% $386 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $425,000 -- $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 $6,213 $595,337 $270,608 $324,729
2024 $6,213 $583,664 $265,302 $318,362
2023 $6,181 $572,220 $260,100 $312,120
2022 $6,095 $561,000 $255,000 $306,000
2021 $5,091 $550,000 $250,000 $300,000
2020 $4,898 $461,550 $302,205 $159,345
2019 $5,138 $452,501 $296,280 $156,221
2018 $4,932 $443,629 $290,471 $153,158
2017 $4,566 $434,931 $284,776 $150,155
2016 $4,484 $426,404 $279,193 $147,211
2015 $4,176 $397,000 $211,000 $186,000
2014 $3,542 $336,000 $179,000 $157,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81841352

MLSListings

APN: 012-612-006-000