NOT LISTED FOR SALE

Estimated Value: $1,309,000 - $1,471,000

3 Beds
2 Baths
1,531 Sq Ft
$917/Sq Ft Est. Value

Last Sold March 11, 2015

Last sale price $792,000 $517 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,503/month

14 Days on Market

Highlights

  • Wood Flooring
  • Gazebo
  • Balcony
  • Monterey High School Rated A
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of March 2015

Located in one of Monterey’s coveted sunbelt neighborhoods. Walking distance to downtown, Monterey beaches, Colton Hall, and Veteran’s Park. On a useable 1/3 acre parcel there’s plenty of room to expand. This home lends itself well to enjoyable indoor/outdoor entertainment and fun family living. Bright kitchen, warm dining and living rooms. 3 beds, 2 baths, hard-wood floors, woodburning brick fireplace, a gazebo, and a two-car garage. Ready to be enjoyed

Last Agent to Sell the Property

Zach Goldman

Goldman Realty License #01389092 Listed on: 01/27/2015

Goldman Realty

Last Buyer's Agent

Becky Jones

Shankle Real Estate License #01250885

Shankle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,211

Year Built

  • Built in 1938

Lot Details

  • 0.34 Acre Lot
  • Mostly Level
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Gazebo
  • Shed
  • Barbecue Area

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 001-322-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,211

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 77
  • Listing Class: Residential
  • Structure Sq Ft: 1531
  • Year Built: 1938
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1531
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Gazebo, Storage Shed / Structure
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Covered Parking, Detached Garage

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 001-322-006-000
  • Lot Acres: 0.3440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15000.00

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
Jan 27, 2015
Closed on
Mar 10, 2015
Sold by
Palma Gary D and Palma Beverly I
Bought by
Yamamoto Robert J and Kiss Verena
Seller's Agent
Zach Goldman
Goldman Realty
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$820,000
Sold Price
$792,000
Premium/Discount to List
-$28,000
-3.41%
Current Estimated Value
$1,397,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,672
Avg. Annual Appreciation
5.50%
Original Mortgage
$600,000
Outstanding Balance
$461,042
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$924,186

Purchase Details

Closed on
Oct 26, 2010
Sold by
Palma Gary D and Palma Beverly I
Bought by
Palma Gary D and Palma Beverly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Palma Gary D and Palma Beverly I
Bought by
Palma Gary D and Palma Beverly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2001
Sold by
Palma Gary D and Palma Beverly I
Bought by
Palma Gary D and Palma Beverly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2000
Sold by
Palma Gary D and Palma Beverly
Bought by
Palma Gary D and Palma Beverly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Yamamoto Robert J $792,000 First American Title Company
Palma Gary D -- Accommodation
Palma Gary D -- Old Republic Title Company
Palma Gary D -- --
Palma Gary D -- Stewart Title
Palma Gary D -- Stewart Title
Palma Gary D -- Stewart Title
Palma Gary D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yamamoto Robert J $600,000
Previous Owner Palma Gary D $417,000
Previous Owner Palma Gary D $490,000
Previous Owner Palma Gary D $100,000
Previous Owner Reade Properties $350,000
Previous Owner Palma Gary D $252,000
Previous Owner Palma Gary D $100,000
Previous Owner Palma Gary D $252,700
Previous Owner Palma Gary D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2015 03/11/15 Sold $792,000 -3.4% $517 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $820,000 -- $536 / 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 $10,211 $951,856 $480,737 $471,119
2024 $10,211 $933,193 $471,311 $461,882
2023 $9,994 $914,896 $462,070 $452,826
2022 $9,857 $896,958 $453,010 $443,948
2021 $9,714 $879,372 $444,128 $435,244
2020 $9,346 $870,357 $439,575 $430,782
2019 $9,810 $853,292 $430,956 $422,336
2018 $9,417 $836,561 $422,506 $414,055
2017 $8,721 $820,159 $414,222 $405,937
2016 $8,565 $804,078 $406,100 $397,978
2015 $2,582 $235,471 $78,425 $157,046
2014 $2,539 $230,859 $76,889 $153,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81448313

MLSListings

APN: 001-322-006-000