NOT LISTED FOR SALE

250 Forest Ridge Rd Unit 68 Monterey, CA 93940

Skyline Forest Neighborhood

Estimated Value: $703,000 - $1,176,000

2 Beds
2 Baths
1,193 Sq Ft
$590/mo HOA Fee

Last Sold October 08, 2020

Last sale price $510,000 $427 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,513/month

251 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Balcony
  • Monterey High School Rated A
  • High Ceiling
  • Open to Family Room

About This Home

As of October 2020

Available for showings: See virtual tour and call your Realtor to see this charming second story two bedroom and two bathroom condominium with filtered views through the Monterey Pines towards the blue Pacific and Spanish Bay. The easy living floorpan was just updated with new flooring, a new range, hood and dishwasher. For those days you want to stay cozy inside, there is a gas log fireplace. The oversized deck has just been replaced the overlooks the forest to enjoy your morning coffee or soaking in the evening sunset. The spacious owners en-suite offers a newly updated bathroom vanity and walk-in closet. Centrally located between Pebble Beach, Carmel and Pacific Grove, this is a perfect full time or vacation residence.

Last Agent to Sell the Property

Bambace Peterson

Compass License #70010145 Listed on: 01/16/2020

Compass

Last Buyer's Agent

Midge Zylker

Midge Zylker, Broker License #01136553

Property Details

Home Type

  • Condominium

Year Built

  • 1974

Lot Details

  • 1,154

HOA Fees

  • $590 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • City Lights
  • Forest
  • Park or Greenbelt

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Dining Area

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Balcony
  • Heating Available

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - exterior, roof, water / sewer
  • Tanglewood Association

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

1974

Lot Details

0

HOA Fees

$590 per month

Listing Details

  • Zoning: RES
  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 1193
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1193
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Stall Shower, Stone, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Composition
  • View: Bay, City Lights, Forest / Woods, Greenbelt, Ocean
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Parking Restrictions
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • Complex Name: Forest Ridge
  • HOA Fees: 590
  • HOA Documents: Budget, Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Exterior, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Tanglewood

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • High School: 545

Lot Info

  • Lot Acres: 0.0265
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1154.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1154.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Other Unit Below

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Oct 6, 2020
Sold by
Sharma Reshma D and Sharma Satish
Bought by
Wright Deborah Elizabeth
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
Midge Zylker
Midge Zylker, Broker
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Current Estimated Value
$853,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,532
Avg. Annual Appreciation
10.20%
Original Mortgage
$260,000
Outstanding Balance
$231,256
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$622,276

Purchase Details

Closed on
Nov 8, 2005
Sold by
Ferber Jeffrey J and Ferber Sylvia A
Bought by
Sharma Satish and Sharma Reshma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 13, 1998
Sold by
Dixon Dan R and Dixon Jane A
Bought by
Ferber Jeffrey J and Ferber Sylvia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
6.91%

Purchase Details

Closed on
Apr 22, 1994
Sold by
Jannuzzi Susan S
Bought by
Dixon Dan R and Dixon Jane A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Deborah Elizabeth $510,000 Old Republic Title Company
Sharma Satish $650,000 Old Republic Title
Ferber Jeffrey J $226,000 Stewart Title
Dixon Dan R $185,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Deborah Elizabeth $260,000
Previous Owner Sharma Satish $399,000
Previous Owner Ferber Jeffrey J $180,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $510,000 -5.4% $427 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $539,000 0.0% $452 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $539,000 0.0% $452 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $539,000 -1.9% $452 / Sq Ft
05/05/2020 05/05/20 Price Changed $549,500 -1.7% $461 / Sq Ft
04/10/2020 04/10/20 For Sale $559,000 +9.6% $469 / Sq Ft
04/08/2020 04/08/20 Off Market $510,000 -- --
01/16/2020 01/16/20 For Sale $559,000 -- $469 / Sq Ft
Source: MLSListings

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 $5,887 $552,039 $324,729 $227,310
2024 $5,887 $541,215 $318,362 $222,853
2023 $5,703 $530,604 $312,120 $218,484
2022 $5,623 $520,200 $306,000 $214,200
2021 $5,539 $510,000 $300,000 $210,000
2020 $5,341 $499,000 $249,000 $250,000
2019 $5,911 $516,000 $258,000 $258,000
2018 $5,954 $531,000 $265,000 $266,000
2017 $4,665 $440,000 $220,000 $220,000
2016 $4,251 $400,000 $200,000 $200,000
2015 $4,000 $376,000 $188,000 $188,000
2014 $3,882 $364,000 $182,000 $182,000
Source: Public Records

Agents Affiliated with this Home

  • Bambace Peterson

    Seller's Agent in 2020

    Bambace Peterson

    Compass

    (831) 200-3178

    4 in this area

    169 Total Sales

    Bambace Peterson
    Section Image

  • M

    Buyer's Agent in 2020

    Midge Zylker

    Midge Zylker, Broker

    Section Image
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Map

Source: MLSListings

MLS Number: ML81779327

MLSListings

APN: 014-141-068-000

California Monterey County Monterey 93940 Skyline Forest

250 Forest Ridge Rd Unit 68, Monterey, CA

Not Listed for Sale

Condos

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