NOT LISTED FOR SALE

221 Hillcrest Ave Marina, CA 93933

Estimated Value: $731,074 - $928,000

3 Beds
1 Bath
1,254 Sq Ft
$635/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $945,000 $754 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,845/month

9 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Bathtub with Shower
  • Deck
  • Rustic Architecture
  • 3-minute walk to Gloria Jean Tate Park

About This Home

As of July 2022

Investors dream. An incredible opportunity to remodel and add an ADU or to develop on this approximate 8,000 sf lot. Zoned C-R Commercial Multi Family Residential. The house has extensive original tongue and groove knotty pine paneling. This 3 BR, 1 BA home has lots of possibilities. The adjacent lot (219 Hillcrest Ave. (APN# 035-303-035 is also available for $349,000. Together the land is approximately 16,000 sf and will accommodate a 9 unit apartment building. Property to be sold in As-Is condition with no guarantees or warranties. Buyer and/or Agent to perform own due diligence at no cost to seller. Purchase asking price for both properties is $999,000.

Last Agent to Sell the Property

William Strohmeyer

William Hannah Properties License #00915579 Listed on: 05/25/2022

Last Buyer's Agent

Courtney Adamski

Carmel Realty Company License #01444609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,056

Year Built

  • 1940

Lot Details

  • 8,002 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Back and Front Yard Fenced
  • Level Lot

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Rustic Architecture
  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Dining Area

Kitchen

  • Electric Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Shed

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,056

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: C-R Commercial/Multi-Family Residential District
  • Subclass: Single Family Home
  • Style: Rustic
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 1254
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Exhaust Fan, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1254
  • Stories: 1
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub, Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood, Ocean
  • Yard/Grounds: Back Yard, Deck, Fenced, Storage Shed / Structure
  • Fencing: Complete Perimeter, Fenced Back, Fenced Front, Gate
  • Property Faces: South
  • Construction Type: Shingle, Wood Frame

Garage/Parking

  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified
  • High School: Marina High
  • High School: 30990

Lot Info

  • Lot Description: Additional Land Available, Grade - Level
  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00
  • Soil: Sandy

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Current Rent: 200000

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Second Unit Description: washer/dryer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 6, 2022
Sold by
Riordan Francis V and Riordan Jennifer
Bought by
Hillcrest Marina Llc
Seller's Agent
William Strohmeyer
William Hannah Properties
Buyer's Agent
Courtney Adamski
Carmel Realty Company
List Price
$699,000
Sold Price
$945,000
Premium/Discount to List
$246,000
35.19%
Current Estimated Value
$796,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,481
Avg. Annual Appreciation
-5.36%

Purchase Details

Closed on
Apr 8, 2020
Sold by
Riordan Francis V
Bought by
Riordan Francis V and Riordan Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2020
Sold by
Riordan Jennifer E
Bought by
Riordan Francis V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Riordan Francis V and Riordan Jennifer E
Bought by
Riordan Francis V

Purchase Details

Closed on
Jan 25, 2019
Sold by
Riordan Francis V
Bought by
Riordan Francis V and Riordan Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,250
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 24, 2018
Sold by
Riordan Francis V and Riordan Jennifer E
Bought by
Riordan Francis V and Riordan Jennifer E
Seller's Agent
William Smith
Coldwell Banker Realty
Buyer's Agent
William Strohmeyer
William Hannah Properties
List Price
$575,000
Sold Price
$725,000
Premium/Discount to List
$150,000
26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 17, 2018
Sold by
Sarno John and Sarno Lorene
Bought by
Riordan Francis V and Riordan Jennifer E
Seller's Agent
William Smith
Coldwell Banker Realty
Buyer's Agent
William Strohmeyer
William Hannah Properties
List Price
$575,000
Sold Price
$725,000
Premium/Discount to List
$150,000
26.09%

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
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 19, 2010
Sold by
Sarno Lorene
Bought by
Sarno John and Sarno Lorene
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
Hillcrest Marina Llc $945,000 Fidelity National Title
Riordan Francis V -- Fidelity National Title Co
Riordan Francis V -- Fidelity National Ttl Co
Riordan Francis V -- Fidelity National Title Co
Riordan Francis V -- Chicago Title Co Salina
Riordan Francis V -- Chicago Title Co Salina
Riordan Francis V -- Chicago Title Co Salina
Riordan Francis V -- None Available
Riordan Francis V $725,000 Old Republic Title Co
Sarno John -- None Available
Sarno Lorene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillcrest Marina Llc $2,000,000
Previous Owner Riordan Francis V $315,000
Previous Owner Riordan Francis V $315,250
Previous Owner Riordan Francis V $100,000
Previous Owner Riordan Francis V $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $945,000 +35.2% $754 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $699,000 -3.6% $557 / Sq Ft
10/02/2018 10/02/18 Sold $725,000 +26.1% $578 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $575,000 -- $459 / 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 $6,056 $561,816 $468,180 $93,636
2024 $6,056 $550,800 $459,000 $91,800
2023 $6,001 $540,000 $450,000 $90,000
2022 $5,409 $540,000 $450,000 $90,000
2021 $5,326 $474,060 $288,558 $185,502
2020 $5,367 $469,200 $285,600 $183,600
2019 $5,386 $460,000 $280,000 $180,000
2018 $779 $37,085 $17,279 $19,806
2017 $721 $36,359 $16,941 $19,418
2016 $445 $35,647 $16,609 $19,038
2015 $438 $35,113 $16,360 $18,753
2014 $436 $34,426 $16,040 $18,386
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    William Strohmeyer

    William Hannah Properties

    Section Image
  • Courtney Adamski

    Buyer's Agent in 2022

    Courtney Adamski

    Carmel Realty Company

    (831) 915-3913

    1 in this area

    21 Total Sales

    Section Image

  • W

    Seller's Agent in 2018

    William Smith

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81893344

MLSListings

APN: 032-303-036-000

California Monterey County Marina 93933

221 Hillcrest Ave, Marina, CA

This home is located at 221 Hillcrest Ave, Marina, CA 93933 since 25 May 2022 and is currently estimated at $796,519, approximately $635 per square foot. This property was built in 1940. 221 Hillcrest Ave is a home located in Monterey County with nearby schools including Marina Vista Elementary School, Los Arboles Middle School, and Marina High School.

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