NOT LISTED FOR SALE

Estimated Value: $1,364,038 - $1,466,000

3 Beds
2 Baths
1,895 Sq Ft
$741/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $1,325,000 $699 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,919/month

9 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Main Floor Primary Bedroom
  • Monterey High School Rated A
  • Contemporary Architecture
  • Den

About This Home

As of April 2024

LOVELY BAY & OCEAN VIEWS are enjoyed from most rooms in this multi-level spacious 1895 square foot home built in 1973. This unique design was created to take advantage of the topography of the land & views on a corner lot near the top of the hill in New Monterey. The living room has huge windows that look out over the bay & a gas fireplace to add warm ambiance on chilly nights. Living room, kitchen, formal dining room on main level with just 3 stairs down to primary bedroom suite, laundry room & formal entry way. The upper level has 2 more bedrooms, a full bathroom & large office area. An amazing amount of storage with closets galore, oversized 2 car garage with workshop, an underground storage that could be used for a wine or root cellar & completely fenced yard. A MUST SEE!!

Last Agent to Sell the Property

Jeannie Ferrara

Coldwell Banker Realty License #01464647 Listed on: 03/16/2024

Coldwell Banker Realty

Co-Listed By

Dan Olivas

Coldwell Banker Realty License #00978911

Last Buyer's Agent

Monterey Peninsula Home Team

KW Coastal Estates License #70000352

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1973

Lot Details

  • 3,485 Sq Ft Lot
  • Gated Home
  • Fenced Front Yard
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,895 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Wine Cellar
  • Formal Dining Room
  • Den

Kitchen

  • Electric Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Water Purifier is Owned

Listing and Financial Details

  • Assessor Parcel Number 001-146-025-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,231

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 1895
  • Year Built: 1973
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Refrigerator
  • Living Sq Ft: 1895
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Office Area, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower and Tub, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Post and Pier
  • Roof: Composition, Shingle
  • View: Bay, City Lights, Ocean
  • Fencing: Fenced, Fenced Front, Gate, Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street, Workshop in Garage

Utilities

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

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Bay View Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 530
  • Middle School: 37460

Lot Info

  • Lot Description: Views
  • Parcel Number: 001-146-025-000
  • Lot Acres: 0.0800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3485.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3485.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Bay View Elementary
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Barnes-Rautine Trust and Rautine Susan
Bought by
Pandey Jai and Downer Gabriela Aramburo
Current Estimated Value
$1,404,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2018
Sold by
Barnes Gene and Rautine Susan D
Bought by
Barnes Gene and Rautine Susan D

Purchase Details

Closed on
Jun 13, 2018
Sold by
Barnes Gene
Bought by
Barnes Gene and Rautine Susan D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pandey Jai $1,325,000 Old Republic Title Company
Barnes Gene -- None Available
Barnes Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pandey Jai $900,000
Previous Owner Pandey Jai $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $1,325,000 +1.9% $699 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $1,300,000 -- $686 / 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 $5,231 $1,351,500 $663,000 $688,500
2024 $5,231 $1,325,000 $650,000 $675,000
2023 $5,063 $465,529 $245,015 $220,514
2022 $4,993 $456,402 $240,211 $216,191
2021 $4,919 $447,453 $235,501 $211,952
2020 $4,734 $442,866 $233,087 $209,779
2019 $4,963 $434,183 $228,517 $205,666
2018 $4,766 $425,671 $224,037 $201,634
2017 $4,415 $417,326 $219,645 $197,681
2016 $4,335 $409,144 $215,339 $193,805
2015 $4,273 $402,999 $212,105 $190,894
2014 $4,199 $395,106 $207,951 $187,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81957854

MLSListings

APN: 001-146-025-000