NOT LISTED FOR SALE

Estimated Value: $599,412 - $632,000

1 Bed
1 Bath
835 Sq Ft
0.6 Acres

Last Sold March 19, 2012

Last sale price $243,000 $291 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,755/month

36 Days on Market

Highlights

  • Newly Remodeled
  • Gated Parking
  • Deck
  • Madison Elementary School Rated A+
  • Gated Community
  • 2-minute walk to Mathews Parkette

About This Home

As of March 2012

Active Adult Living at its Finest!! Only 1.7 miles from the Beach and close to shopping, entertainment, recreation these condos offer luxurious amenities including granite kitchen counter-tops, stainless steel kitchen appliances and tile bathroom counter-tops and shower surrounds. One occupant must be 55+, but there is not age restriction on buyer. Sales office open 11 am - 4 pm Friday through Monday. Only 3 homes remain available in the building!!

Last Listed By

Mark Tasch

Revive Real Estate Group, Inc. License #00885083 Listed on: 11/28/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • 0.6

Parking

  • 1 Carport Space
  • Parking Garage
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 835 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Gated Home
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4155-030-083

Community Details

Overview

  • 48 Units
  • Low-Rise Condominium
  • Built by Watt Communities
  • Residence 3

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,609

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builder Model Name: Residence 3
  • Builder Name: Watt Communities
  • Complex Name: The Montecito
  • Entry Floor: 3
  • Entry Location: Elevator
  • Living Area: 835
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2009
  • Builders Tract Name: The Montecito
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Carpet, Tile
  • Appliances: Free Standing Gas, Gas, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Elevator, Garbage Disposal, Microwave, Range/Oven
  • Inclusions: stainless steel dishwasher, stove and microwaave
  • Price Per S Q F T: 291.02

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Patio: Deck(s)
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Community Garage, Garage, Gated, Subterranean
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 269.00

Lot Info

  • Model Code: 3
  • Horses: No
  • Assessor Parcel Number: 4155-030-083
  • Lot Description: Curbs, Gated Community, Sidewalks, Walk Street
  • Lot Location: City

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 48

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 2, 2012
Sold by
Watt Communities At The Montecito Llc
Bought by
Weldon Robert
Seller's Agent
Mark Tasch
Revive Real Estate Group, Inc.
Buyer's Agent
Tyler McCourtney
List Price
$264,900
Sold Price
$243,000
Premium/Discount to List
-$21,900
-8.27%
Total Days on Market
36
Current Estimated Value
$623,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,103
Avg. Annual Appreciation
7.16%
Original Mortgage
$182,250
Outstanding Balance
$129,376
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$473,846

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
Weldon Robert $243,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weldon Robert $182,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $243,000 -8.3% $291 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $264,900 -- $317 / Sq Ft
Source: The MLS

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
2024 $3,609 $299,223 $98,508 $200,715
2023 $3,547 $293,357 $96,577 $196,780
2022 $3,499 $287,606 $94,684 $192,922
2021 $3,416 $281,968 $92,828 $189,140
2019 $3,350 $273,607 $90,076 $183,531
2018 $3,273 $268,243 $88,310 $179,933
2016 $3,174 $257,829 $84,882 $172,947
2015 $3,116 $253,957 $83,607 $170,350
2014 $3,047 $248,984 $81,970 $167,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-568227

The MLS

APN: 4155-030-083