NOT LISTED FOR SALE

260 Laine St Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $1,212,000 - $1,571,000

4 Beds
1 Bath
2,222 Sq Ft
$652/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $735,000 $331 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,157/month

50 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Traditional Architecture
  • Monterey High School Rated A
  • Deck
  • 3-minute walk to Monterey Scholze Park Center

About This Home

As of August 2014

First time on the market this gem of a home is both unique and amazing! Situated on a double lot with EXPANSIVE OCEAN VIEWS this home is ready for a complete makeover with potential to become one of Monterey's most spectacular properties. HUGE ocean view living room and deck with 4 bedrooms and an oversize basement makes this a one of a kind property. Just 3 blocks to the ocean's edge. POTENTIAL!

Last Agent to Sell the Property

Kyle Morrison

Sotheby’s International Realty License #01431994 Listed on: 05/19/2014

Sotheby’s International Realty

Last Buyer's Agent

Kyle Morrison

Sotheby’s International Realty License #01431994 Listed on: 05/19/2014

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1920

Lot Details

  • Lot Sloped Down
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,222 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Dining Room
  • Bonus Room
  • Utility Room
  • Gas Dryer Hookup
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 001-055-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,195

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 94
  • Sale Price Per Sq Ft: 330.78
  • Listing Class: Residential
  • Structure Sq Ft: 2222
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 2
  • Map Top Coordinate: G
  • Thomas Bros Page: 80
  • Thomas Brothers: G2
  • Year Built: 1920
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Cooktop, Refrigerator, Hookups - Gas
  • Living Sq Ft: 2222
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Carpet - Wall to Wall
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Basement - Partial, Storage
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Bay, Ocean
  • Yard/Grounds: BBQ Area, Deck
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking, Uncovered Parking

Utilities

  • Heating System: Gas - Natural, Floor Furnace, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 001-055-014
  • List Price per Sq Ft: 377.59
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9568.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9568.00
  • Lot Size Area Min Search: 9568.00
  • Maximum Lot Size: 9568.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulated Water Heater

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Wagner Jon R and Wagner Donna S
Bought by
Wagner Jon R and Wagner Donna S
Current Estimated Value
$1,448,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,165
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,320,481

Purchase Details

Listed on
May 19, 2014
Closed on
Jul 21, 2014
Sold by
Canepa Louis M and Klevan Mary L
Bought by
The Wagner Family Trust
Seller's Agent
Kyle Morrison
Sotheby’s International Realty
Buyer's Agent
Kyle Morrison
Sotheby’s International Realty
List Price
$895,000
Sold Price
$735,000
Premium/Discount to List
-$160,000
-17.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$550,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 1998
Sold by
Canepa Carmela
Bought by
Canepa Carmela
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
Wagner Jon R -- North American Title Co Inc
The Wagner Family Trust $735,000 Chicago Title Company
Canepa Carmela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Jon R $200,000
Open Wagner Jon R $484,350
Closed The Wagner Family Trust $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $735,000 -12.4% $331 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
06/24/2014 06/24/14 Price Changed $839,000 -6.3% $378 / Sq Ft
05/19/2014 05/19/14 For Sale $895,000 -- $403 / 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 $3,195 $290,270 $173,746 $116,524
2024 $3,195 $284,580 $170,340 $114,240
2023 $3,089 $279,000 $167,000 $112,000
2022 $4,094 $370,000 $222,000 $148,000
2021 $4,016 $361,000 $220,000 $141,000
2020 $9,662 $903,226 $439,575 $463,651
2019 $10,138 $885,516 $430,956 $454,560
2018 $9,732 $868,154 $422,506 $445,648
2017 $8,141 $761,132 $414,222 $346,910
2016 $7,997 $746,208 $406,100 $340,108
2015 $7,884 $735,000 $400,000 $335,000
2014 $6,967 $646,558 $338,030 $308,528
Source: Public Records

Agents Affiliated with this Home

  • Kyle Morrison

    Seller's Agent in 2014

    Kyle Morrison

    Sotheby’s International Realty

    (831) 236-8909

    13 Total Sales

    Kyle Morrison
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Map

Source: MLSListings

MLS Number: ML81417432

MLSListings

APN: 001-055-014-000

California Monterey County Monterey 93940 New Monterey

260 Laine St, Monterey, CA

This home is located at 260 Laine St, Monterey, CA 93940 since 19 May 2014 and is currently estimated at $1,448,272, approximately $651 per square foot. This property was built in 1920. 260 Laine St is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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