NOT LISTED FOR SALE

256 Ocean Ave Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $811,000 - $1,041,000

1 Bed
1 Bath
800 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $490,000 $612 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,356/month

213 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Neighborhood Views
  • La Mesa Elementary School Rated A-
  • Attic
  • Formal Dining Room

About This Home

As of October 2018

BACK ON MARKET WITH A PRICE REDUCTION! Just 2 blocks from the Ocean and Lake El Estero, 1 block from the Naval Post Graduate School, and walking distance to downtown and the Monterey Wharf. 1910 Craftsman Style Bungalow in established Oak Grove "Sunbelt" neighborhood. Quaint and cozy, needs rehab & lots of TLC, home sold "As Is". Large living room/parlor featuring redwood paneling and a bay window. Big kitchen for this size cottage. Approx. 3 year new water heater. Freestanding gas furnace. Home is on the potential Historic properties list, buyer to determine final status. Large fenced yard. Storage shed.

Last Agent to Sell the Property

Bridgette Jones

Donner Land & Homes, Inc. License #01817372 Listed on: 03/26/2018

Last Buyer's Agent

Elena Garcia

Intero Real Estate Services License #01496281

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,959

Year Built

  • Built in 1910

Lot Details

  • 3,999 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R-3

Parking

  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Cottage
  • Bungalow
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Formal Dining Room
  • Utility Room
  • Wood Flooring
  • Neighborhood Views
  • Gas Oven
  • Attic

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Washer

Additional Features

  • Shed
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 001-832-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,959

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Cottage, Craftsman
  • Property Condition: Fixer Upper
  • Age: 108
  • Listing Class: Residential
  • Structure Sq Ft: 800
  • Incorporated: Yes
  • Year Built: 1910
  • Zoning Description: R-3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Other, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 800
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room, Inside, Washer
  • Flooring: Hardwood
  • Additional Rooms: Attic, Utility Room
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tub

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Wood
  • Property Faces: Northeast
  • Construction Type: Shingle

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 001-832-009
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Oct 8, 2018
Sold by
Harvey Virginia
Bought by
Garcia David
Seller's Agent
Bridgette Jones
Donner Land & Homes, Inc.
Buyer's Agent
Elena Garcia
Intero Real Estate Services
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Current Estimated Value
$887,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,400
Avg. Annual Appreciation
9.26%
Original Mortgage
$453,000
Outstanding Balance
$396,662
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$497,208
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
Garcia David $490,000 First American Title Co
Harvey Virginia -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia David $61,927
Open Garcia David $453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $490,000 0.0% $613 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
08/04/2018 08/04/18 Off Market $490,000 -- --
07/18/2018 07/18/18 Pending -- -- --
07/01/2018 07/01/18 Price Changed $539,000 -2.0% $674 / Sq Ft
07/01/2018 07/01/18 For Sale $550,000 0.0% $688 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $550,000 -- $688 / 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 $5,959 $546,600 $446,205 $100,395
2024 $5,959 $535,883 $437,456 $98,427
2023 $5,769 $525,377 $428,879 $96,498
2022 $5,690 $515,076 $420,470 $94,606
2021 $5,608 $504,977 $412,226 $92,751
2020 $5,396 $499,800 $408,000 $91,800
2019 $5,661 $490,000 $400,000 $90,000
2018 $6,334 $561,000 $408,000 $153,000
2017 $1,246 $117,215 $79,711 $37,504
2016 $1,223 $114,918 $78,149 $36,769
2015 $1,205 $113,193 $76,976 $36,217
2014 $1,184 $110,977 $75,469 $35,508
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bridgette Jones

    Donner Land & Homes, Inc.

    (408) 395-5754

    3 Total Sales

    Section Image
  • Elena Garcia

    Buyer's Agent in 2018

    Elena Garcia

    Intero Real Estate Services

    (510) 332-8350

    49 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81698016

MLSListings

APN: 001-832-009-000

California Monterey County Monterey 93940 East Monterey

256 Ocean Ave, Monterey, CA

This home is located at 256 Ocean Ave, Monterey, CA 93940 since 26 March 2018 and is currently estimated at $898,359, approximately $1,122 per square foot. This property was built in 1910. 256 Ocean Ave is a home located in Monterey County with nearby schools including La Mesa Elementary School, Monte Vista Elementary School, and Monterey High School.

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