NOT LISTED FOR SALE

2298 Prescott Ave Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $975,000 - $1,136,798

2 Beds
1 Bath
1,277 Sq Ft
$835/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $740,000 $579 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,388/month

8 Days on Market

Highlights

  • Bathtub
  • Monterey High School Rated A
  • 1-Story Property

About This Home

As of October 2021

Value is in the beautiful oversized lot located just on the edge of Pacific Grove. Great location. REO property with vehicles on site as well as personal property in house and out buildings. SALE to be "AS IS".

Last Agent to Sell the Property

De Layne A. Castello

Alta Properties License #00612556 Listed on: 08/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,463

Year Built

  • 1938

Lot Details

  • 7,501 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,277 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,463

Year Built

1938

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 83
  • Listing Class: Residential
  • Structure Sq Ft: 1277
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Living Sq Ft: 1277
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Oct 5, 2021
Sold by
Wilmington Savings Funds Society
Bought by
1181 Alternative Holdings Llc
Seller's Agent
De Layne A. Castello
Alta Properties
List Price
$560,000
Sold Price
$740,000
Premium/Discount to List
$180,000
32.14%
Current Estimated Value
$1,066,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,700
Avg. Annual Appreciation
8.81%

Purchase Details

Listed on
Aug 29, 2021
Closed on
Sep 30, 2021
Sold by
Hbi Alternative Holdings Llc
Bought by
Ftk Real Estate Llc
Seller's Agent
De Layne A. Castello
Alta Properties
List Price
$560,000
Sold Price
$740,000
Premium/Discount to List
$180,000
32.14%

Purchase Details

Closed on
Jun 3, 2021
Sold by
Peckham Richard B and Peckham Gwendlyn C
Bought by
Wilmington Savings Fund Society Fsb
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
1181 Alternative Holdings Llc -- Western Resources Title Co
Ftk Real Estate Llc $740,000 Western Resources Title Co
Wilmington Savings Fund Society Fsb $678,645 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peckham Gwendlyn C $8,000
Previous Owner Peckham Richard B $727,500
Previous Owner Peckham Richard B $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $740,000 +32.1% $579 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $560,000 -- $439 / 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 $8,463 $785,293 $530,604 $254,689
2024 $8,463 $769,896 $520,200 $249,696
2023 $8,265 $754,800 $510,000 $244,800
2022 $8,151 $740,000 $500,000 $240,000
2021 $810 $740,000 $500,000 $240,000
2020 $1,412 $70,631 $24,545 $46,086
2019 $1,396 $69,247 $24,064 $45,183
2018 $1,284 $67,891 $23,593 $44,298
2017 $730 $66,561 $23,131 $43,430
2016 $1,210 $65,257 $22,678 $42,579
2015 $706 $64,278 $22,338 $41,940
2014 $1,008 $63,020 $21,901 $41,119
Source: Public Records

Agents Affiliated with this Home

  • De Layne A. Castello

    Seller's Agent in 2021

    De Layne A. Castello

    Alta Properties

    (408) 828-2347

    1 in this area

    6 Total Sales

    De Layne A. Castello
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Map

Source: MLSListings

MLS Number: ML81860496

MLSListings

APN: 001-211-008-000

California Monterey County Monterey 93940 New Monterey

2298 Prescott Ave, Monterey, CA

This home is located at 2298 Prescott Ave, Monterey, CA 93940 since 29 August 2021 and is currently estimated at $1,066,700, approximately $835 per square foot. This property was built in 1938. 2298 Prescott Ave is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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