NOT LISTED FOR SALE

231 Quail Run Ct Unit 15 Monterey, CA 93940

Estimated Value: $583,000 - $693,000

1 Bed
1 Bath
1,056 Sq Ft
6,534 Sq Ft Lot

Last Sold December 16, 2013

Last sale price $211,000 $200 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $3,615/month

28 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Ground Level Unit
  • Monterey High School Rated A
  • End Unit
  • Neighborhood Views

About This Home

As of December 2013

1 bedroom, 1 bath unit, lower level end unit, with balcony and views. Laundry inside unit. Plus Parking and Extra Storage. Convenient location, easy access to the entire Monterey Peninsula. Complex offers pool, sauna, outdoor courts, rec room, etc.

Last Agent to Sell the Property

Michael Kirch

Kensington Realty Group Inc License #01227726 Listed on: 10/23/2013

Last Buyer's Agent

Gigi Di Giovanni

International Estates, Inc. License #01164907

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1988

Lot Details

  • 6,534

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Utilities

  • Heating Available
  • 220 Volts

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 012-612-015

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, common area electricity, common area gas, insurance - common area
  • Association Services Association

Amenities

  • Clubhouse
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,755

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Age: 25
  • Sale Price Per Sq Ft: 199.81
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1056
  • Incorporated: Yes
  • Map Book Page: 82
  • Map Side Coordinate: 5
  • Map Top Coordinate: B
  • Thomas Bros Page: 82
  • Thomas Brothers: B5
  • Year Built: 1988
  • Zoning Description: Condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log, Gas Starter
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 1056
  • Stories: 1
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Electric

Condo/Co-op/Association

  • HOA Fees: 280
  • HOA Amenities: Club House, Additional Storage
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Common Area Electricity, Common Area Gas, Insurance - Common Area
  • H O A Name Text: Association Services
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 012-612-015
  • List Price per Sq Ft: 199.86
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 666.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 666.00
  • Lot Size Area Min Search: 666.00
  • Maximum Lot Size: 666.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, Ground Floor

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2013
Closed on
Dec 5, 2013
Sold by
Wells Fargo Bank N A
Bought by
Shadmehri Bahram and Shadmehri Ziba
Seller's Agent
Michael Kirch
Kensington Realty Group Inc
Buyer's Agent
Gigi Di Giovanni
International Estates, Inc.
List Price
$211,050
Sold Price
$211,000
Premium/Discount to List
-$50
-0.02%
Current Estimated Value
$646,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,795
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Sep 24, 2013
Sold by
Belmont Noriko S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 29, 2012
Sold by
Belmont Noriko S
Bought by
The 231 Quail Run Ct Partnership

Purchase Details

Closed on
Oct 9, 2012
Sold by
Belmont Noriko S
Bought by
The 231 Quail Run Ct Partnership

Purchase Details

Closed on
Jul 12, 2012
Sold by
Belmont Noriko S
Bought by
The Belmont Revocable Trust

Purchase Details

Closed on
Jun 21, 2012
Sold by
Belmont Noriko
Bought by
The 231 Quial Run Ct Partnership

Purchase Details

Closed on
Aug 15, 2005
Sold by
Belmont Noriko S
Bought by
Belmont Noriko S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1998
Sold by
Williams Sidney L
Bought by
Hood David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back
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
Shadmehri Bahram $211,000 Ticor Title Company Of Ca
Wells Fargo Bank Na $214,979 None Available
The 231 Quail Run Ct Partnership -- None Available
The 231 Quail Run Ct Partnership -- None Available
The Belmont Revocable Trust -- None Available
The 231 Quial Run Ct Partnership -- None Available
Belmont Noriko S -- Fidelity Title
Belmont Noriko S -- Fidelity Title
Hood David $125,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belmont Noriko S $348,000
Previous Owner Hood David $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2013 12/16/13 Sold $211,000 0.0% $200 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $211,050 -- $200 / 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 $2,755 $258,644 $122,581 $136,063
2024 $2,755 $253,574 $120,178 $133,396
2023 $2,727 $248,603 $117,822 $130,781
2022 $2,689 $243,729 $115,512 $128,217
2021 $2,650 $238,951 $113,248 $125,703
2020 $2,550 $236,502 $112,087 $124,415
2019 $2,674 $231,866 $109,890 $121,976
2018 $2,568 $227,321 $107,736 $119,585
2017 $2,379 $222,865 $105,624 $117,241
2016 $2,336 $218,496 $103,553 $114,943
2015 $2,302 $215,215 $101,998 $113,217
2014 $2,263 $211,000 $100,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81338801

MLSListings

APN: 012-612-015-000