NOT LISTED FOR SALE

216 Park Ave Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $963,982 - $1,265,000

3 Beds
1 Bath
1,104 Sq Ft
$966/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $860,000 $779 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,629/month

10 Days on Market

Highlights

  • Neighborhood Views
  • Cottage
  • Bathtub with Shower
  • La Mesa Elementary School Rated A-
  • Double Pane Windows
  • Bathroom on Main Level

About This Home

As of October 2021

Adorable remodeled cottage in coveted Oak Grove neighborhood in sunny Monterey. 3 bedrooms, 1 bathroom, 1,104 sq.ft. Built in 1924, this cutie has been remodeled and updated throughout. Recent upgrades include: Quartz countertops, new Stainless appliances and kitchen sink, new flooring, double pane windows, two new gas furnaces, (wall and floor), gas range. Updated electric and plumbing in 1995. Yard if fully fenced and beautifully landscaped, complete with storage shed and mature peach tree in backyard.

Last Agent to Sell the Property

Jeanne Osio

Coldwell Banker Realty License #01147233 Listed on: 08/27/2021

Coldwell Banker Realty

Last Buyer's Agent

Olga Menendez

Coldwell Banker Realty License #01245314

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,799

Year Built

  • 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Sprinkler System
  • Mostly Level
  • Back Yard

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area
  • Laminate Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Floor Furnace
  • Wall Furnace
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,799

Year Built

1924

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 97
  • Listing Class: Residential
  • Structure Sq Ft: 1104
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1104
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Gas Hookup, Inside
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Fenced, Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: Floor Furnace, Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified
  • High School: Monterey High
  • High School: 545

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.0800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3485.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3485.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 1, 2021
Sold by
Mcpherson Janet and Helen Theresa Brooks Family Tr
Bought by
Vagnini Stephen L and Vagnini Cynthia E
Seller's Agent
Jeanne Osio
Coldwell Banker Realty
Buyer's Agent
Olga Menendez
Coldwell Banker Realty
List Price
$835,000
Sold Price
$860,000
Premium/Discount to List
$25,000
2.99%
Current Estimated Value
$1,066,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,746
Avg. Annual Appreciation
4.53%
Original Mortgage
$450,000
Outstanding Balance
$412,135
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$609,061

Purchase Details

Closed on
Nov 29, 2016
Sold by
Danley Helen Theresa
Bought by
Danley Helen Theresa and Helen Theresa Brooks Family Tr

Purchase Details

Closed on
Jun 9, 2008
Sold by
Danley Helen Teresa and Mcpherson Karen Marie
Bought by
Danley Helen Theresa and Mcpherson Karen Marie

Purchase Details

Closed on
Jul 6, 1995
Sold by
Abernathy Lovie Marie and Brooks Lovey D
Bought by
Abernathy Lovie Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.74%
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
Vagnini Stephen L $860,000 Old Republic Title Company
Danley Helen Theresa -- None Available
Danley Helen Theresa -- None Available
Abernathy Lovie Marie -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vagnini Stephen L $450,000
Previous Owner Abernathy Lovie Marie $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $860,000 +3.0% $779 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $835,000 -- $756 / 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 $9,799 $912,638 $530,604 $382,034
2024 $9,799 $894,744 $520,200 $374,544
2023 $9,571 $877,200 $510,000 $367,200
2022 $9,439 $860,000 $500,000 $360,000
2021 $683 $860,000 $500,000 $360,000
2020 $660 $53,666 $34,657 $19,009
2019 $686 $52,615 $33,978 $18,637
2018 $663 $51,584 $33,312 $18,272
2017 $619 $50,573 $32,659 $17,914
2016 $609 $49,582 $32,019 $17,563
2015 $601 $48,839 $31,539 $17,300
2014 $592 $47,884 $30,922 $16,962
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Osio

    Seller's Agent in 2021

    Jeanne Osio

    Coldwell Banker Realty

    (831) 622-2518

    2 in this area

    23 Total Sales

    Jeanne Osio
    Section Image

  • O

    Buyer's Agent in 2021

    Olga Menendez

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81860333

MLSListings

APN: 001-831-003-000

California Monterey County Monterey 93940 East Monterey

216 Park Ave, Monterey, CA

This home is located at 216 Park Ave, Monterey, CA 93940 since 27 August 2021 and is currently estimated at $1,066,746, approximately $966 per square foot. This property was built in 1924. 216 Park Ave is a home located in Monterey County with nearby schools including La Mesa Elementary School, Monte Vista Elementary School, and Monterey High School.

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