NOT LISTED FOR SALE

225 Mortimer Ln Marina, CA 93933

Estimated Value: $731,000 - $1,006,000

2 Beds
1 Bath
822 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $720,000 $876 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,114/month

5 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • 4 Car Detached Garage
  • Ranch Style House
  • Granite Countertops
  • Double Pane Windows

About This Home

As of January 2022

Looking for almost a half an acre of level land with a cute 2 bed 1 bath single level home where you could walk to dining, shopping and a little over one mile to the beach? How about if it had a single car garage AND a newer 3 car garage? Plenty of room for hobbies, pets and storage. Great for commuters with easy access to HWY 1 north to San Jose/Santa Cruz and south to activities in the Monterey Peninsula cities, as well as Reservation Rd. To HWY 68. Lots of potential here for someone to really make this property shine. Check with city regarding additional unit or possible subdivision. Approximately $40K-$50K in concrete repairs so my lender says conventional financing not an option, but maybe FHA 203 B loan? There is also about $7,500 in pest repairs to do. Priced aggressively for cash buyer and an as is offer.

Last Agent to Sell the Property

Pete Deoudes

Coldwell Banker Realty License #00880679 Listed on: 12/06/2021

Coldwell Banker Realty

Last Buyer's Agent

The C Group

Better Homes And Gardens Real Estate By The Sea License #70010221

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Back Yard Fenced

Parking

  • 4 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 822 Sq Ft Home
  • Double Pane Windows
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Built-In Oven
  • Gas Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Shed

Utilities

  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 822
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Hookups - Gas, Oven - Built-In, Oven - Gas
  • Living Sq Ft: 822
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: In Garage
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • High School: 30990

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.4587
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19981.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19981.00
  • Soil: Sandy

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Second Unit Description: 3 Car garage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Cairns Family Trust
Bought by
Eilidh Holdings Llc
Current Estimated Value
$852,942

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 10, 2022
Sold by
Catriona Cairns
Bought by
Cairns Ryan
Seller's Agent
Pete Deoudes
Coldwell Banker Realty
Buyer's Agent
The C Group
Better Homes And Gardens Real Estate By The Sea
List Price
$599,000
Sold Price
$720,000
Premium/Discount to List
$121,000
20.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 5, 2022
Sold by
Martin John H
Bought by
Cairns Ryan
Seller's Agent
Pete Deoudes
Coldwell Banker Realty
Buyer's Agent
The C Group
Better Homes And Gardens Real Estate By The Sea
List Price
$599,000
Sold Price
$720,000
Premium/Discount to List
$121,000
20.2%

Purchase Details

Closed on
Dec 31, 2004
Sold by
Martin Manuel M and The Manuel M Martin Living Tru
Bought by
Martin John H and Martin Frank M

Purchase Details

Closed on
Jan 24, 1996
Sold by
Martin Manuel M
Bought by
Martin Manuel M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eilidh Holdings Llc -- None Listed On Document
Cairns Family Trust -- None Listed On Document
Cairns Ryan Tyler -- None Listed On Document
Cairns Ryan -- Chicago Title
Cairns Ryan $720,000 Chicago Title
Martin John H -- --
Martin Manuel M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $720,000 +20.2% $876 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $599,000 -- $729 / 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 $7,894 $971,142 $416,160 $554,982
2024 $7,894 $952,100 $408,000 $544,100
2023 $8,145 $705,000 $400,000 $305,000
2022 $882 $720,000 $300,000 $420,000
2021 $868 $71,328 $22,911 $48,417
2020 $841 $70,598 $22,677 $47,921
2019 $873 $69,215 $22,233 $46,982
2018 $843 $67,859 $21,798 $46,061
2017 $784 $66,529 $21,371 $45,158
2016 $771 $65,225 $20,952 $44,273
2015 $760 $64,246 $20,638 $43,608
2014 $754 $62,988 $20,234 $42,754
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Pete Deoudes

    Coldwell Banker Realty

    Section Image

  • T

    Buyer's Agent in 2022

    The C Group

    Better Homes And Gardens Real Estate By The Sea

    Section Image
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Map

Source: MLSListings

MLS Number: ML81870386

MLSListings

APN: 032-191-007-000

California Monterey County Marina 93933

225 Mortimer Ln, Marina, CA

Not Listed for Sale

Detached

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