NOT LISTED FOR SALE

174 Monterey Dunes Way Castroville, CA 95012

Estimated Value: $2,115,000 - $2,322,000

3 Beds
2.5 Baths
1,681 Sq Ft
$890/mo HOA Fee

Last Sold November 30, 2018

Last sale price $1,250,000 $744 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,971/month

1 Day on Market

Highlights

  • Ocean View
  • Sauna
  • 2 Car Detached Garage
  • Cabana
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of November 2018

The perfect beachfront getaway! This spacious home sits on a secluded beach, just steps away from the ocean. Feel close to nature looking out onto the waves and wildlife, with impressive ocean views from multiple rooms. Three bedrooms, including one on the ground floor, offers plenty of space for everyone. A private back courtyard makes a great spot for outdoor cooking and dining. Take a dip in the pool or hot tub, just some of the community's amenities. Enjoy evenings cozied up by the fireplace, or relax and watch the sunset from the front deck, and end your day falling asleep to the sounds of the waves. A very active and successful vacation rental property. Attractive investment potential.

Last Agent to Sell the Property

Mike Proto-Robinson

Monterey Coast Realty License #01871297 Listed on: 10/29/2018

Last Buyer's Agent

Biff Jelavich

Monterey Dunes Company License #00785676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,814

Year Built

  • Built in 1975

Lot Details

  • 3,101

HOA Fees

  • $890 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,681 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Cabana
  • Private Pool
  • Fence Around Pool

Utilities

  • Zoned Heating
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 229-071-016-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, maintenance - common area, maintenance - road, pool spa or tennis, recreation facility, reserves, security service
  • 120 Units
  • Monterey Dunes Colony Association
  • Built by Monterey Dunes Colony

Amenities

  • Sauna

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,814

Year Built

Built in 1975

Lot Details

0

HOA Fees

$890 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 43
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 120
  • Structure Sq Ft: 1681
  • Complex Name: Monterey Dunes Colony
  • Year Built: 1975
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Oven - Electric, Refrigerator
  • Living Sq Ft: 1681
  • Stories: 2
  • Laundry: Electricity Hookup (220V), Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Fenced
  • Roof: Shake
  • View: Bay, Ocean, Water
  • Pool: Yes
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 890
  • HOA Amenities: Community Pool, Game Court (Outdoor), Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Maintenance - Common Area, Maintenance - Road, Pool, Spa, or Tennis, Recreation Facility, Reserves, Security Service
  • H O A Name Text: Monterey Dunes Colony
  • H O A Exist: Yes

Schools

  • School District: North Monterey County Unified

Lot Info

  • Parcel Number: 229-071-016-000
  • Lot Acres: 0.0712
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3101.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3101.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: North Monterey County Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Nov 26, 2018
Sold by
Testani Arthur F and Testani Josephine A
Bought by
Cavagnaro Francis and Cavagnaro Nancy
Seller's Agent
Mike Proto-Robinson
Monterey Coast Realty
Buyer's Agent
Biff Jelavich
Monterey Dunes Company
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,190,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$940,931
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Testani Arthur F and Testani Josephine
Bought by
Testani Arthur F and Testani Josephine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2002
Sold by
Testani Arthur F and Testani Josephine A
Bought by
Testani Arthur and Testani Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.25%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Testani Arthur F and Testani Josephine A
Bought by
Testani Arthur F and Testani Josephine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
7.08%

Purchase Details

Closed on
Feb 5, 2001
Sold by
Berry William A
Bought by
Testani Arthur F and Testani Josephine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
7.08%
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
Cavagnaro Francis $1,250,000 First American Title Co
Testani Arthur F -- First American Title
Testani Arthur -- Stewart Title
Testani Arthur F -- First American Title
Testani Arthur F -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Testani Arthur F $760,000
Previous Owner Testani Arthur F $630,000
Previous Owner Testani Arthur $625,000
Previous Owner Testani Arthur F $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $1,250,000 0.0% $744 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $1,250,000 -- $744 / 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 $14,814 $1,394,394 $864,525 $529,869
2024 $14,814 $1,367,054 $847,574 $519,480
2023 $14,545 $1,340,250 $830,955 $509,295
2022 $14,469 $1,313,971 $814,662 $499,309
2021 $13,919 $1,288,208 $798,689 $489,519
2020 $14,098 $1,275,000 $790,500 $484,500
2019 $13,777 $1,250,000 $775,000 $475,000
2018 $10,293 $930,000 $372,000 $558,000
2017 $9,791 $918,000 $367,000 $551,000
2016 $10,161 $897,000 $359,000 $538,000
2015 -- $833,010 $480,000 $353,010
2014 -- $833,010 $480,000 $353,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81729434

MLSListings

APN: 229-071-016-000