NOT LISTED FOR SALE

241 Pheasant Ridge Rd Monterey, CA 93940

Estimated Value: $667,472 - $742,000

2 Beds
2 Baths
1,088 Sq Ft
1,089 Sq Ft Lot

Last Sold April 01, 2016

Last sale price $421,500 $387 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,100/month

73 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Contemporary Architecture
  • Monterey High School Rated A
  • Clubhouse
  • Sauna

About This Home

As of April 2016

Bright and freshly painted 2 bed/2bath condo at parking lot level (no stairs) at desirable and well maintained "The Oaks" in the sunbelt of the Monterey Peninsula. Large balcony, fireplace, full size washer & dryer inside, new hot water heater, nice views of hills and mountains. Centrally located to shopping, restaurants, beaches and golf courses. Complex amenities include rec. room, Jacuzzi, sport court, pool, dog trail. Perfect for full time or as a second home.

Last Agent to Sell the Property

Ed Stellingsma

Alain Pinel Realtors License #01251523 Listed on: 12/14/2015

Last Buyer's Agent

Monika Campbell

Alain Pinel Realtors License #01370848

Alain Pinel Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1988

Lot Details

  • Back Yard Fenced

Property Views

  • Mountain
  • Hills
  • Garden

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • No Garage
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • No Waterbeds Allowed
  • Assessor Parcel Number 012-613-016-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, recreation facility, reserves, roof, sewer
  • 150 Units
  • The Oaks Of Del Rey Association
  • Built by The Oaks of Del Rey

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Sport Court
  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Dogs Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,277

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Age - No Restrictions, No Waterbeds, Pets - Allowed, Pets - Dogs Permitted, Pets - Number Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 150
  • Structure Sq Ft: 1088
  • Complex Name: The Oaks of Del Rey
  • Incorporated: Yes
  • Year Built: 1988
  • Zoning Description: D-Mty
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Dining Area, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Laminate, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1088
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Beam
  • Pool Description: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Spa / Hot Tub
  • Roof: Composition
  • View: Garden / Greenbelt, Hills, Mountains
  • Yard/Grounds: Balcony / Patio, Storage Shed / Structure, Tennis Court
  • Pool: Yes
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Detached Garage, Guest / Visitor Parking, No Garage
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 317
  • HOA Amenities: Additional Storage, Club House, Community Pool, Game Court (Outdoor), Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Sewer
  • H O A Name Text: The Oaks of Del Rey
  • H O A Exist: Yes

Schools

  • High School: 545

Lot Info

  • Parcel Number: 012-613-016-000
  • Lot Acres: 0.0250
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1088.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1088.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Foothill Elementary
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 14, 2016
Sold by
Smith Doris J
Bought by
Walton William K and Walton Julie B
Seller's Agent
Ed Stellingsma
Alain Pinel Realtors
Buyer's Agent
Monika Campbell
Alain Pinel Realtors
List Price
$429,000
Sold Price
$421,500
Premium/Discount to List
-$7,500
-1.75%
Current Estimated Value
$699,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,618
Avg. Annual Appreciation
5.42%
Original Mortgage
$160,000
Outstanding Balance
$68,980
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$630,138

Purchase Details

Closed on
Dec 22, 2014
Sold by
Smith Doris J
Bought by
Smith Doris J

Purchase Details

Closed on
Feb 28, 2011
Sold by
Moon David K
Bought by
Smith Doris J

Purchase Details

Closed on
Oct 7, 2003
Sold by
Moon David K and Moon Ok S
Bought by
Moon David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 1999
Sold by
Janaswamy Ramakrishna and Janaswamy Bharathi
Bought by
Moon David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.7%
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
Walton William K $421,500 Old Republic Title Company
Smith Doris J -- None Available
Smith Doris J $338,000 Chicago Title Company
Moon David K -- Chicago Title Company
Moon David K -- First American Title
Moon David K $230,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton William K $160,000
Previous Owner Moon David K $167,000
Previous Owner Moon David K $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $421,500 -1.7% $387 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $429,000 0.0% $394 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
12/14/2015 12/14/15 For Sale $429,000 -- $394 / 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 $5,277 $498,963 $355,136 $143,827
2024 $5,277 $489,180 $348,173 $141,007
2023 $5,256 $479,590 $341,347 $138,243
2022 $5,184 $470,187 $334,654 $135,533
2021 $5,109 $460,969 $328,093 $132,876
2020 $4,916 $456,243 $324,729 $131,514
2019 $5,158 $447,298 $318,362 $128,936
2018 $4,953 $438,528 $312,120 $126,408
2017 $4,587 $429,930 $306,000 $123,930
2016 $3,920 $365,801 $151,515 $214,286
2015 $3,864 $360,308 $149,240 $211,068
2014 $3,594 $334,000 $138,000 $196,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ed Stellingsma

    Alain Pinel Realtors

    Section Image

  • M

    Buyer's Agent in 2016

    Monika Campbell

    Alain Pinel Realtors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81535013

MLSListings

APN: 012-613-016-000

California Monterey County Monterey 93940

241 Pheasant Ridge Rd, Monterey, CA

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