NOT LISTED FOR SALE

160 Van Buren St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $1,363,000 - $1,716,000

3 Beds
2 Baths
1,581 Sq Ft
$1,000/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,500,000 $949 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,705/month

20 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • 1 Fireplace
  • Monterey High School Rated A
  • Wood Flooring
  • 4-minute walk to Monterey State Historic Park

About This Home

As of May 2021

One of the few houses in Old Town Monterey with ocean view. Built in the early 1940's but recently remodeled. Seller spent over 100K in outdoor pavers and landscaping, replaced water heater installed a new electrical panel, updated electrical wiring, replaced gas and sewer lines from the street. One of the bedrooms has new soundproofing sheetrock installed what is ideal for a home theater. Lot is surrounded by a Monterey Shale stone wall and have a view of the Monterey Bay. Excellent location, walking distance to downtown shops & restaurants, Fisherman's Wharf, & across the street from the Historic Mayo Hayes O'Donnell Library.

Last Agent to Sell the Property

Amir Cackovic

eXp Realty of California Inc. License #01484623 Listed on: 03/09/2021

eXp Realty of California Inc.

Last Buyer's Agent

Teri Fortino

Compass License #01061765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,184

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • 5,201 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Water
  • Panoramic

Home Design

  • Raised Foundation
  • Shake Roof

Interior Spaces

  • 1,581 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Living Room
  • Tile Countertops
  • Laundry in unit

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • No Cooling
  • Central Heating
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 001-362-011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,184

Year Built

Built in 1942 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 2
  • Year Built: 1942
  • Remodeled/Updated Desc: Bed 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Tile, Wood
  • Bathroom Features: Shower Stall(s)
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Tile Counter
  • Living Room Features: Cathedral/Vaulted
  • Main Level: Bedroom(s),Living Room,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 948.77
  • Square Footage: 1581

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 1450000.00
  • Lot Features: Corner
  • Pool: No
  • Roof: Shake
  • View Description: Panoramic, Water

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned

Utilities

  • Security: Other
  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: None
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1194
  • Lot Size Sq Ft: 5201

Tax Info

  • Assessor Parcel Number: 001-362-011-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Monterey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 10, 2021
Sold by
Jones Suzanne
Bought by
Purvis Don D and Rowe Linda D
Seller's Agent
Amir Cackovic
eXp Realty of California Inc.
Buyer's Agent
Teri Fortino
Compass
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
Current Estimated Value
$1,580,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,549
Avg. Annual Appreciation
1.18%
Original Mortgage
$1,080,000
Outstanding Balance
$1,016,712
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$563,837

Purchase Details

Listed on
Feb 17, 2015
Closed on
Sep 15, 2015
Sold by
Balesteri Michael J
Bought by
Jones Suzanne
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$995,000
Sold Price
$886,425
Premium/Discount to List
-$108,575
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$651,393
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Balesteri Michael J and Balesteri Salvatore T
Bought by
Balesteri Michael J
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
Purvis Don D $1,500,000 Old Republic Title
Jones Suzanne $886,500 Old Republic Title Company
Balesteri Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purvis Don D $1,080,000
Previous Owner Jones Suzanne $651,393
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $1,500,000 +3.4% $949 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,450,000 +63.6% $917 / Sq Ft
09/18/2015 09/18/15 Sold $886,425 -1.0% $561 / Sq Ft View Prior Sale
08/05/2015 08/05/15 Pending -- -- --
07/08/2015 07/08/15 Price Changed $895,000 -10.1% $566 / Sq Ft
02/17/2015 02/17/15 For Sale $995,000 -- $629 / Sq Ft
Source: MetroList

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 $17,184 $1,623,648 $1,082,432 $541,216
2024 $17,184 $1,591,812 $1,061,208 $530,604
2023 $16,896 $1,560,600 $1,040,400 $520,200
2022 $16,661 $1,530,000 $1,020,000 $510,000
2021 $10,698 $1,500,000 $1,000,000 $500,000
2020 $10,293 $959,492 $487,093 $472,399
2019 $10,804 $940,680 $477,543 $463,137
2018 $10,371 $922,236 $468,180 $454,056
2017 $9,603 $904,153 $459,000 $445,153
2016 $9,596 $886,425 $450,000 $436,425
2015 $1,110 $95,683 $48,853 $46,830
2014 $1,093 $93,810 $47,897 $45,913
Source: Public Records

Agents Affiliated with this Home

  • Amir Cackovic

    Seller's Agent in 2021

    Amir Cackovic

    eXp Realty of California Inc.

    (916) 601-5245

    1 in this area

    165 Total Sales

    Amir Cackovic
    Section Image

  • T

    Buyer's Agent in 2021

    Teri Fortino

    Compass

  • B

    Seller's Agent in 2015

    Becky Jones

    Shankle Real Estate

    Section Image

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MetroList

MLS Number: 221016541

MetroList

APN: 001-362-011-000

California Monterey County Monterey 93940 Old Town

160 Van Buren St, Monterey, CA

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