NOT LISTED FOR SALE

Estimated Value: $735,000 - $813,000

2 Beds
2 Baths
1,116 Sq Ft
$620/mo HOA Fee

Last Sold May 24, 2021

Last sale price $700,000 $627 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,461/month

3 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Bonus Room
  • Monterey High School Rated A
  • Sauna
  • Corner Lot

About This Home

As of May 2021

WOW. SINGLE LEVEL private end unit with VISTA VIEWS!!! Coveted neighborhood, 2 bedrooms 2 full baths with an additional BONUS ROOM! Located in one of the best locations in the Montsalas community. This secluded and beautifully maintained unit offers 1,116 square feet of living space. The exterior deck off the living room/bonus room adds outdoor enjoyment with incredible forest and vista views. Enter through the private walkway to high vaulted ceilings that welcome you into this nicely appointed unit. The deck that overlooks the forest stretches from the bonus room to the living room offering a large space to relax and enjoy the views with southern exposure. The private patio in the back has access from both bedrooms and offers another outdoor space to enjoy. Conveniently located within close proximity to downtown Monterey, the beach, and plenty of shopping. Community pool and spa. Pets allowed.

Last Agent to Sell the Property

Christopher Kandell

Kandell Properties Group, Inc. License #01908447 Listed on: 04/19/2021

Last Buyer's Agent

Heidi Linkenbach-Short

Coldwell Banker Realty License #01895874

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,045

Year Built

  • 1977

Lot Details

  • 0.42

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

Overview

  • Association fees include exterior painting, garbage, insurance - common area, maintenance - common area, maintenance - exterior, maintenance - road, maintenance - unit yard, roof, water
  • 85 Units
  • Montsalas Owners Association
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,045

Year Built

1977

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Zoning: Residential
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 44
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 85
  • Structure Sq Ft: 1116
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1116
  • Stories: 1
  • Laundry: Washer / Dryer
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Raised
  • Pool Description: Yes
  • Roof: Composition, Tar And Gravel
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Spa / Hot Tub

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Covered Parking, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • Complex Name: Montsalas Owners Association
  • HOA Fees: 620
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Maintenance - Unit Yard, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Montsalas Owners Association

Schools

  • School District: Monterey Peninsula Unified

Multi Family

  • Utilities: Individual Electric Meters
  • Unit Features: Corner Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 3, 2021
Sold by
Morgenstern Carl F and Morgenstern Carolyn R
Bought by
Morgenstern Carl F and Morgenstern Carolyn R
Seller's Agent
Christopher Kandell
Kandell Properties Group, Inc.
Buyer's Agent
Heidi Linkenbach-Short
Coldwell Banker Realty
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%
Current Estimated Value
$766,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,988
Avg. Annual Appreciation
2.17%
Original Mortgage
$200,000
Outstanding Balance
$182,019
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$584,969

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 17, 2021
Sold by
Coles Janet A
Bought by
Morgenstern Carl F and Morgenstern Carolyn R
Seller's Agent
Christopher Kandell
Kandell Properties Group, Inc.
Buyer's Agent
Heidi Linkenbach-Short
Coldwell Banker Realty
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$182,019
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$584,969
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
Morgenstern Carl F -- None Available
Morgenstern Carl F $700,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgenstern Carl F $200,000
Previous Owner Coles Janet A $200,000
Previous Owner Coles Janet A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $700,000 +2.2% $627 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $685,000 -- $614 / 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 $8,045 $757,701 $487,093 $270,608
2024 $8,045 $742,845 $477,543 $265,302
2023 $7,839 $728,280 $468,180 $260,100
2022 $7,729 $714,000 $459,000 $255,000
2021 $2,843 $700,000 $450,000 $250,000
2020 $2,735 $260,470 $94,715 $165,755
2019 $2,867 $255,363 $92,858 $162,505
2018 $2,752 $250,357 $91,038 $159,319
2017 $2,547 $245,449 $89,253 $156,196
2016 $2,500 $240,637 $87,503 $153,134
2015 $2,463 $237,023 $86,189 $150,834
2014 $2,434 $232,381 $84,501 $147,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81839741

MLSListings

APN: 101-271-015-000