NOT LISTED FOR SALE

Estimated Value: $2,288,000 - $4,649,000

2 Beds
2 Baths
2,300 Sq Ft
4,748 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $3,625,000 $1,576 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $21,866/month

159 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Outdoor Fireplace
  • Monterey High School Rated A
  • Marble Flooring
  • 4-minute walk to Monterey Scholze Park Center

About This Home

As of February 2019

Luxury, sophistication and massive, unobstructed ocean views collide with the ONLY opportunity to live the ultimate high-rise, penthouse experience; all perched in the heart of Cannery Row! This once in a lifetime opportunity is knocking for you to own arguably the most unique piece of property in Monterey County. The Penthouse situated at 201 Cannery Row exudes modern architectural detail throughout - highlighting radiant heat marble flooring, cast glass counter tops, Caesar stone, custom butterflied marble fireplace surround, Miele appliances, custom cabinetry, 10' ceilings and much more! Enjoy all of this in the largest, 2,300 sq. ft., unit in the building! Entertain your guests both inside and out with seamless transitioning to the 1,500+ square feet of outdoor balcony living space wrapping around the entire penthouse.

Last Agent to Sell the Property

Annie Giammanco

Coldwell Banker Realty License #00998517 Listed on: 07/09/2018

Coldwell Banker Realty

Last Buyer's Agent

Sean Manning

Christie's International Real Estate Sereno License #01228488

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,596

Year Built

  • Built in 2017

Lot Details

  • 4,748

Parking

  • 1 Car Attached Garage
  • Lighted Parking
  • Electric Gate
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Ocean
  • Marina
  • Bay
  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Reinforced Concrete Foundation

Interior Spaces

  • 2,300 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Security Gate

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Outdoor Fireplace
  • Zoned Heating

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, maintenance - exterior, roof
  • The Villas At Cannery Row Association

Listing and Financial Details

  • Assessor Parcel Number 001-037-006-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,596

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 5
  • Structure Sq Ft: 2300
  • Construction: Completed
  • Year Built: 2017
  • Zoning Description: Res/Com
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room, Outside
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2300
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Marble
  • Additional Rooms: Office Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s)
  • Fireplace: Yes

Exterior Features

  • Foundation: Reinforced Concrete
  • Roof: Flat / Low Pitch
  • View: Bay, City Lights, Marina, Mountains, Ocean, Park, Water, Water Front

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Common Parking Area, Electric Gate, Lighted Parking Area

Utilities

  • Heating System: Individual Room Controls, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 850
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Exterior, Roof
  • H O A Name Text: The Villas at Cannery Row
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 001-037-006-000
  • Lot Acres: 0.1090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4750.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Feb 6, 2019
Sold by
Maher Thomas C and Maher Joan K
Bought by
Frey Suzanne Elizabeth
Seller's Agent
Annie Giammanco
Coldwell Banker Realty
Buyer's Agent
Sean Manning
Christie's International Real Estate Sereno
List Price
$3,997,000
Sold Price
$3,625,000
Premium/Discount to List
-$372,000
-9.31%
Current Estimated Value
$3,499,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,737
Avg. Annual Appreciation
-0.53%
Original Mortgage
$2,125,000
Outstanding Balance
$1,868,256
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,631,007

Purchase Details

Closed on
May 8, 2017
Sold by
201 Cannery Row Llc
Bought by
Maher Thomas C and Maher Joan K
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
Frey Suzanne Elizabeth $3,625,000 First American Title Co
Maher Thomas C $3,700,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frey Suzanne Elizabeth $2,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $3,625,000 -9.3% $1,576 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $3,997,000 -- $1,738 / 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 $42,596 $4,043,752 $2,900,347 $1,143,405
2024 $42,596 $3,964,464 $2,843,478 $1,120,986
2023 $42,107 $3,886,730 $2,787,724 $1,099,006
2022 $41,526 $3,810,520 $2,733,063 $1,077,457
2021 $40,921 $3,735,805 $2,679,474 $1,056,331
2020 $39,363 $3,697,500 $2,652,000 $1,045,500
2019 $43,897 $3,849,480 $2,772,666 $1,076,814
2018 $42,118 $3,774,000 $2,718,300 $1,055,700
2017 $8,106 $761,375 $302,145 $459,230
2016 $5,249 $488,636 $296,221 $192,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81729442

MLSListings

APN: 001-037-006-000