NOT LISTED FOR SALE

Estimated Value: $1,104,000 - $1,305,489

3 Beds
2 Baths
1,381 Sq Ft
$882/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2024

Last sale price $1,250,000 $905 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,340 / mo

3 Days on Market

Highlights

  • View of Hills
  • Contemporary Architecture
  • Wood Flooring
  • Rio Del Mar Elementary School Rated 9+
  • Vaulted Ceiling
  • 4-minute walk to Rio del Mar State Beach

About This Home

As of December 2024

Have you ever wanted to own a successful Airbnb property? This beautifully upgraded 3-bedroom, 2-bathroom attached single family home offers 1,381 sq ft of coastal living is just 18 homes from one of Monterey Bays finest beaches. Enjoy ocean views from your bedroom balcony. A top-floor master suite creates a loft space that looks down on kitchen and TV area. Two additional bedrooms on the lower level open to a serene back patio with stunning views of the Rio Del Mar area. This property is located in the Rio Del Mar Vacation zone, allowing for immediate short-term rental permit applications with no waitlist. Start generating income right away while enjoying your personal retreat a few times a year. Complete rental history and income sheets are available. Don't miss this exceptional opportunity!

Last Agent to Sell the Property

Derek Kotval

Sotheby’s International Realty License #02138133 Listed on: 11/11/2024

Sotheby’s International Realty

Last Buyer's Agent

Anthony Jacobo

eXp Realty of California Inc License #01797853

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 1,982 Sq Ft Lot
  • West Facing Home
  • Lot Sloped Down
  • Grass Covered Lot
  • Zoning described as RM

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Property Views

  • Hills
  • Valley
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,381 Sq Ft Home
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Dining Area
  • Utility Room
  • Laundry in Utility Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Loft Bedroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 042-281-03-000

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

1,982 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 1381
  • Year Built: 1981
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Dining Area, Dining Bar, Skylight
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Refrigerator, Skylight
  • Living Sq Ft: 1381
  • Bedrooms: Loft Bedroom
  • Laundry: In Utility Room
  • Flooring: Hardwood
  • Additional Rooms: Utility Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Hills, Neighborhood, Valley
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Property Faces: West
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 042-281-03-000
  • Lot Acres: 0.0455
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1981.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1981.00
  • Soil: Unknown

Green Features

  • Energy Features: Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 3, 2024
Sold by
2005 Khanh And Yung Nguyen Revocable Tru and Nguyen Khanh Vuong
Bought by
Giovannoni James and Giovannoni Marcy
Seller's Agent
Derek Kotval
Sotheby’s International Realty
Buyer's Agent
Anthony Jacobo
eXp Realty of California Inc
List Price
$1,250,000
Sold Price
$1,250,000
Views
25
Current Estimated Value
$1,218,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,628
Avg. Annual Appreciation
-1.78%

Purchase Details

Closed on
Apr 13, 2021
Sold by
Nguyen Khanh and Nguyen Yung Q
Bought by
Nguyen Khanh Vuong and Nguyen Yung Q

Purchase Details

Listed on
Jul 26, 2019
Closed on
Jan 20, 2020
Sold by
Burgess Maya
Bought by
Nguyen Khanh and Nguyen Yung Q
Seller's Agent
Sally Bookman
Sally Bookman Real Estate
Buyer's Agent
Jeremy Larson
eXp Realty of California Inc
List Price
$938,800
Sold Price
$758,800
Premium/Discount to List
-$180,000
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$569,100
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2015
Sold by
Lewis Cameron Keith and The Scott H Lewis Living Trust
Bought by
Burgess Maya

Purchase Details

Closed on
Dec 20, 2013
Sold by
Lewis Scott H
Bought by
Lewis Scott H and Scott H Lewis Living Trust

Purchase Details

Closed on
Mar 22, 2013
Sold by
Wagner Valerie Libby
Bought by
Lewis Scott H

Purchase Details

Closed on
Sep 3, 1998
Sold by
Green Robert D
Bought by
Swaha Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.93%
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
Giovannoni James $1,250,000 Old Republic Title
Nguyen Khanh Vuong -- First American Title Company
Nguyen Khanh $759,000 Old Republic Title Company
Burgess Maya -- None Available
Lewis Scott H -- None Available
Lewis Scott H $440,000 First American Title Company
Swaha Leslie -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Khanh $569,100
Previous Owner Swaha Leslie $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2024 12/06/24 Sold $1,250,000 0.0% $905 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $1,250,000 +64.7% $905 / Sq Ft
01/31/2020 01/31/20 Sold $758,800 -3.8% $549 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
10/25/2019 10/25/19 Price Changed $788,800 -11.3% $571 / Sq Ft
09/29/2019 09/29/19 Price Changed $888,800 -3.9% $644 / Sq Ft
08/22/2019 08/22/19 Price Changed $925,000 -1.5% $670 / Sq Ft
07/26/2019 07/26/19 For Sale $938,800 -- $680 / 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 $10,028 $1,250,000 $875,000 $375,000
2023 $9,824 $797,634 $518,462 $279,172
2022 $9,614 $781,994 $508,296 $273,698
2021 $9,321 $766,661 $498,330 $268,331
2020 $6,309 $495,433 $297,260 $198,173
2019 $6,198 $485,719 $291,431 $194,288
2018 $6,027 $476,195 $285,717 $190,478
2017 $5,967 $466,858 $280,115 $186,743
2016 $5,177 $457,704 $274,623 $183,081
2015 $5,728 $450,829 $270,498 $180,331
2014 $5,592 $441,998 $265,199 $176,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81986294

MLSListings

APN: 042-281-03-000

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