NOT LISTED FOR SALE

1880 Park Ave Sand City, CA 93955

Estimated Value: $607,000 - $1,965,000

4 Beds
2.5 Baths
2,681 Sq Ft
$558/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,925,000 $718 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $8,488/month

56 Days on Market

Highlights

  • Ocean View
  • Soaking Tub in Primary Bathroom
  • Marble Countertops
  • New Construction
  • Main Floor Bedroom
  • Marble Bathroom Countertops

About This Home

As of June 2024

Exciting and newly built! Embrace the breathtaking ocean views in this brand-new residence with a reverse floorplan design. The open kitchen and spacious oceanview deck provide a perfect setting to appreciate the beauty of the Monterey Bay and Lovers Point, offering stunning sunsets. Inside, modern interiors, SPC floors, and tasteful lighting create a welcoming atmosphere. Brand new appliances and individual AC units in each room ensure comfort. The lower level features ample storage, a laundry room with additional storage space, a two-car garage, a charming patio and fully landscaped backyard. Ascend the stairs that feature floor to ceiling windows leading to the second level, where you'll find high ceilings and a kitchen adorned with exquisite quartz countertops and waterfall island. The dining and family room offer a harmonious space, complemented by a luxurious master bedroom featuring its own deck. The master bathroom boasts marble-finished tile floors, a perfect bathtub, and a walk-in shower with a rain shower head and seating area. This fabulous home is turnkey ready to move in and enjoy, offering magnificent views and refreshing ocean breezes. Short walk to beach and close to everything. Don't miss this opportunity!

Last Agent to Sell the Property

Shanne Carvalho

eXp Realty of California Inc License #01339231 Listed on: 03/22/2024

eXp Realty of California Inc

Last Buyer's Agent

Jag Saggi

Reliable Real Estate Services License #01425900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,751 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Reverse Style Home
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 2,681 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 011-131-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,998

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Property Condition: Built / Remodeled Green
  • Estimated Completion Date: 03/15/2024
  • Listing Class: Residential
  • Structure Sq Ft: 2681
  • Construction: New Construction
  • Year Built: 2024
  • Zoning Description: R1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Hood Over Range, Hookups - Gas, Island, Island with Sink, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2681
  • Stories: 2
  • Bedrooms: More than One Bedroom on Ground Floor, Reverse Floor Plan
  • Laundry: Electricity Hookup (220V), Gas Hookup
  • Additional Rooms: Laundry Room, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s), Primary - Sunken Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • View: City Lights, Neighborhood, Ocean
  • Yard/Grounds: Balcony / Patio, Sprinklers - Auto
  • Fencing: Fenced
  • Construction Type: Concrete

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 011-131-019
  • Lot Acres: 0.0861
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3750.00

Green Features

  • Energy Features: Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 21, 2024
Sold by
Quasar Llc
Bought by
Saggi Family Trust and Saggi
Seller's Agent
Shanne Carvalho
eXp Realty of California Inc
Buyer's Agent
Jag Saggi
Reliable Real Estate Services
List Price
$1,998,888
Sold Price
$1,925,000
Premium/Discount to List
-$73,888
-3.7%
Views
75
Current Estimated Value
$1,496,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$428,266
Avg. Annual Appreciation
-20.39%
Original Mortgage
$1,251,250
Outstanding Balance
$1,238,589
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$245,785

Purchase Details

Closed on
Apr 5, 2021
Sold by
Twenty Two Ventures
Bought by
Quasar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2020
Sold by
Wood Wayne A
Bought by
Wood Wayne A and Wayne Living Trust

Purchase Details

Closed on
Jan 10, 2020
Sold by
Wood Corey and Wood Wayne A
Bought by
Wood Wayne A

Purchase Details

Closed on
Oct 17, 2017
Sold by
Wood Wayne A and Wood Corey
Bought by
Twenty Two Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back
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
Saggi Family Trust $1,925,000 First American Title
Quasar Llc $350,000 Old Republic Title Company
Wood Wayne A -- None Available
Wood Wayne A -- None Available
Twenty Two Ventures Llc $120,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saggi Family Trust $1,251,250
Previous Owner Quasar Llc $757,405
Previous Owner Quasar Llc $315,000
Previous Owner Twenty Two Ventures Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,925,000 -3.7% $718 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $1,998,888 -- $746 / 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 $3,998 $1,963,499 $378,850 $1,584,649
2024 $3,998 $1,925,000 $371,422 $1,553,578
2023 $4,012 $364,140 $364,140 $0
2022 $3,957 $357,000 $357,000 --
2021 $1,454 $350,000 $350,000 $0
2020 $1,401 $124,848 $124,848 $0
2019 $1,467 $122,400 $122,400 $0
2018 $1,412 $120,000 $120,000 $0
2017 $0 $49,084 $49,084 $0
2016 $581 $48,122 $48,122 $0
2015 -- $47,400 $47,400 $0
2014 -- $46,472 $46,472 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81955353

MLSListings

APN: 011-131-019-000