NOT LISTED FOR SALE

18 Alta Cir Monterey, CA 93940

Estimated Value: $1,249,000 - $1,593,000

6 Beds
4 Baths
3,418 Sq Ft
$417/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $725,000 $212 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,239/month

56 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Bathtub with Shower
  • Monterey High School Rated A
  • 2 Car Attached Garage
  • Walk-in Shower

About This Home

As of February 2016

One of the largest homes in Del Rey Oaks, Situated to accommodate two families, with a resident upstairs considered granny unit and one downstairs, both 3bd. & 2ba. Hardwood floors very clean and move in condition. This was formally a seniors facility and can still be used as one for anyone interested in starting up another facility. Reduced to sell!

Last Agent to Sell the Property

Ruben Dominguez

NextHome American Dream License #00605724 Listed on: 11/12/2015

Last Buyer's Agent

Ruben Dominguez

NextHome American Dream License #00605724 Listed on: 11/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,054

Year Built

  • Built in 1959

Lot Details

  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,418 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Separate Family Room
  • Dining Area

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Built by Del Rey Oaks

Listing and Financial Details

  • Assessor Parcel Number 012-591-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,054

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3418
  • Complex Name: Del Rey Oaks
  • Incorporated: Yes
  • Year Built: 1959
  • Zoning Description: Res
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Ornamental Only, Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 3418
  • Stories: 2
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Bathroom: Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 545

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 012-591-025
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9360.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • High School Text: Monterey High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Chipalu Rashmi
Bought by
Chipalu Rashmi and Shrestha Deepak
Current Estimated Value
$1,427,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$512,705
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$914,296

Purchase Details

Closed on
Apr 19, 2019
Sold by
Chipalu Rashmi and Shrestha Yamuna
Bought by
Chipalu Rashmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2015
Closed on
Feb 5, 2016
Sold by
Shrestha Bhubaneswor
Bought by
Shrestha Yamuna
Seller's Agent
Ruben Dominguez
NextHome American Dream
Buyer's Agent
Ruben Dominguez
NextHome American Dream
List Price
$849,000
Sold Price
$725,000
Premium/Discount to List
-$124,000
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$525,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2015
Closed on
Feb 3, 2016
Sold by
Camara Margaret Eldred and Margaret Eldred Camara 1996 Re
Bought by
Chipalu Rashmi and Shrestha Yamuna
Seller's Agent
Ruben Dominguez
NextHome American Dream
Buyer's Agent
Ruben Dominguez
NextHome American Dream
List Price
$849,000
Sold Price
$725,000
Premium/Discount to List
-$124,000
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Camara Margaret E
Bought by
Camara Margaret Eldred and Margaret Eldred Camara 1996 Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Camara Margaret Eldred
Bought by
Camara Margaret Eldred and Margaret Eldred Camara 1996 Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Camara Margaret Eldred
Bought by
Camara Margaret Eldred and The Margaret Eldred Camara 199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2001
Sold by
Camara Margaret E and Camara Margaret Eldred
Bought by
Camara Margaret Eldred and Margaret Eldred Camara 1996 Re

Purchase Details

Closed on
Mar 11, 1999
Sold by
Eldred Albert F J and Eldred Muriel
Bought by
Camara Margaret Eldred

Purchase Details

Closed on
Oct 28, 1998
Sold by
Camara Margaret E
Bought by
Camara Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
6.61%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chipalu Rashmi -- Solidifi Title & Closing
Chipalu Rashmi -- Chicago Title Company
Shrestha Yamuna -- First American Title Company
Chipalu Rashmi -- First American Title Company
Chipalu Rashmi $725,000 First American Title Company
Camara Margaret Eldred -- Chicago Title Company
Camara Margaret E -- Chicago Title Company
Camara Margaret Eldred -- First American Title Co
Camara Margaret Eldred -- First American Title Co
Camara Margaret Eldred -- First American Title
Camara Margaret Eldred -- First American Title
Camara Margaret Eldred -- --
Camara Margaret Eldred -- --
Camara Margaret E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chipalu Rashmi $675,000
Closed Chipalu Rashmi $650,000
Closed Chipalu Rashmi $525,000
Previous Owner Camara Margaret E $400,000
Previous Owner Camara Margaret Eldred $185,000
Previous Owner Camara Margaret Eldred $250,000
Previous Owner Camara Margaret Eldred $273,000
Previous Owner Camara Margaret E $378,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $725,000 -9.3% $212 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
11/29/2015 11/29/15 Price Changed $799,000 -5.9% $234 / Sq Ft
11/12/2015 11/12/15 For Sale $849,000 -- $248 / 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 $9,054 $858,247 $443,922 $414,325
2024 $9,054 $841,419 $435,218 $406,201
2023 $9,058 $824,922 $426,685 $398,237
2022 $8,934 $808,748 $418,319 $390,429
2021 $8,805 $792,891 $410,117 $382,774
2020 $8,474 $784,762 $405,912 $378,850
2019 $8,892 $769,375 $397,953 $371,422
2018 $8,537 $754,290 $390,150 $364,140
2017 $7,909 $739,500 $382,500 $357,000
2016 $4,161 $389,119 $139,862 $249,257
2015 $4,101 $383,275 $137,762 $245,513
2014 $4,031 $375,768 $135,064 $240,704
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLSListings

MLS Number: ML81522406

MLSListings

APN: 012-591-025-000