NOT LISTED FOR SALE

250 Forest Ridge Rd Unit 64 Monterey, CA 93940

Skyline Forest Neighborhood

Estimated Value: $666,000 - $735,000

2 Beds
1 Bath
1,039 Sq Ft
$680/mo HOA Fee

Last Sold June 21, 2024

Last sale price $675,000 $650 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,051/month

30 Days on Market

Highlights

  • Ocean View
  • Deck
  • Corner Lot
  • Monterey High School Rated A
  • End Unit
  • Granite Countertops

About This Home

As of June 2024

Nestled in a serene forest setting, this bright and updated upstairs end unit offers a peaceful coastal escape. Once inside, you'll enjoy single level living, featuring a cozy fireplace, and a large primary bedroom with dual closets and a wall-to-wall sliding glass door leading to a long deck - your new afternoon spot to enjoy the sunset skies, filtered peeks of the water, and forest views. Modern coastal lighting fixtures illuminate the tastefully updated space, including granite countertops, laminate flooring throughout the main areas, new carpet in the bedrooms, and stylish ballisters on the deck. The split bathroom was thoughtfully designed with the shower/toilet in a separate room. The front porch is partially enclosed bonus space - perfect for enjoying your morning coffee by the window. Conveniently located with easy access to Highway 1 and Holman Highway, this community offers both nature and city amenities close by. Embrace the tranquility of coastal living in this inviting retreat, where the beauty of the surroundings harmonizes with modern comforts.

Last Agent to Sell the Property

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 04/27/2024

Co-Listed By

Jennifer Ronan

Over the Moon Realty, Inc License #01909211

Last Buyer's Agent

George Anderson

Compass License #02095510

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,394

Year Built

  • Built in 1974

Lot Details

  • 1,002

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Ocean
  • Forest

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Piling Construction

Interior Spaces

  • 1,039 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Utility Room

Kitchen

  • Electric Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Split Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Deck

Additional Features

  • End Unit
  • Baseboard Heating

Community Details

  • Association fees include common area electricity, common area gas, decks, exterior painting, insurance - common area, management fee, roof, water / sewer
  • Tanglewood Association
  • Built by Tanglewood

Listing and Financial Details

  • Assessor Parcel Number 014-141-064-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,394

Year Built

Built in 1974

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Subclass: Condominium
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 1039
  • Complex Name: Tanglewood
  • Year Built: 1974
  • Zoning Description: RC-D(CZ)
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1039
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: In Utility Room
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Split Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Foundation Pillars, Piling
  • Roof: Composition
  • View: Forest / Woods, Ocean
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 680
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Insurance - Common Area, Management Fee, Roof, Water / Sewer
  • H O A Name Text: Tanglewood
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 014-141-064-000

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit, End Unit

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jun 18, 2024
Sold by
Rick Loudenback Trust and Loudenback Rick
Bought by
Balbo Sara
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
George Anderson
Compass
List Price
$698,000
Sold Price
$675,000
Premium/Discount to List
-$23,000
-3.3%
Views
90
Current Estimated Value
$694,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,517
Avg. Annual Appreciation
2.36%
Original Mortgage
$300,000
Outstanding Balance
$296,485
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$398,032

Purchase Details

Closed on
Mar 21, 2024
Sold by
Loudenback Rick
Bought by
Rick Loudenback Trust and Loudenback

Purchase Details

Closed on
Jun 3, 2015
Sold by
Rethke John T
Bought by
Rethke John Thomas and John Thomas Rethke 2015 Trust
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
Balbo Sara $675,000 Old Republic Title
Loudenback Rick -- Old Republic Title
Rick Loudenback Trust -- None Listed On Document
Loudenback Rick -- None Listed On Document
Rethke John Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balbo Sara $300,000
Previous Owner Rethke John T $85,000
Previous Owner Rethke John T $50,000
Previous Owner Rethke John T $33,000
Previous Owner Rethke John T $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $675,000 0.0% $650 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/20/2024 05/20/24 Price Changed $675,000 -3.3% $650 / Sq Ft
04/27/2024 04/27/24 For Sale $698,000 -- $672 / 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 $7,394 $688,500 $306,000 $382,500
2024 $7,394 $675,000 $300,000 $375,000
2023 $2,455 $675,000 $300,000 $375,000
2022 $2,419 $225,440 $64,921 $160,519
2021 $2,382 $221,021 $63,649 $157,372
2020 $2,292 $218,756 $62,997 $155,759
2019 $2,402 $214,467 $61,762 $152,705
2018 $2,305 $210,262 $60,551 $149,711
2017 $2,134 $206,140 $59,364 $146,776
2016 $2,095 $202,099 $58,200 $143,899
2015 $2,064 $199,064 $57,326 $141,738
2014 $2,027 $195,166 $56,204 $138,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81962312

MLSListings

APN: 014-141-064-000