NOT LISTED FOR SALE

Estimated Value: $1,506,463 - $1,694,000

4 Beds
3 Baths
2,263 Sq Ft
$696/Sq Ft Est. Value

About This Home

This home is located at 2 Shady Ln, Monterey, CA 93940 and is currently estimated at $1,576,116, approximately $696 per square foot. 2 Shady Ln is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Cummings Karla S
Bought by
Cummings Karla S
Current Estimated Value
$1,576,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$641,099
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$945,416

Purchase Details

Closed on
Oct 22, 2008
Sold by
Cummings Thomas V
Bought by
Cummings Karla S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 1995
Sold by
Ryan Lila Joan
Bought by
Cummings Thomas V and Cummings Karla S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,300
Interest Rate
7.42%
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.

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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.

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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.

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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.

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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
Cummings Karla S -- Chicago Title Company
Cummings Karla S -- Old Republic Title Company
Cummings Thomas V $363,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Karla S $700,000
Closed Cummings Karla S $275,000
Closed Cummings Thomas V $326,300
Source: Public Records

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 $6,551 $603,004 $265,785 $337,219
2024 $6,551 $591,181 $260,574 $330,607
2023 $6,435 $579,590 $255,465 $324,125
2022 $6,348 $568,226 $250,456 $317,770
2021 $6,180 $557,086 $245,546 $311,540
2020 $5,950 $551,375 $243,029 $308,346
2019 $6,237 $540,564 $238,264 $302,300
2018 $5,990 $529,966 $233,593 $296,373
2017 $5,553 $519,575 $229,013 $290,562
2016 $5,454 $509,388 $224,523 $284,865
2015 $5,376 $501,738 $221,151 $280,587
2014 $5,284 $491,910 $216,819 $275,091
Source: Public Records

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