NOT LISTED FOR SALE

261 Mar Vista Dr Monterey, CA 93940

Monterey Vista Neighborhood

Estimated Value: $1,815,000 - $2,243,000

6 Beds
3.5 Baths
4,350 Sq Ft
$447/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $635,000 $146 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $11,118/month

5 Days on Market

Highlights

  • 0.88 Acre Lot
  • Main Floor Bedroom
  • Bathtub with Shower
  • Monterey High School Rated A
  • Walk-In Closet
  • Bathroom on Main Level

About This Home

As of June 2020

Great opportunity for the owner/builder or contractor! Large double lot in a quiet Monterey neighborhood ready for your improvements. Original 50's house that was added on throughout the years. Enough water credits to build dream home on extra-large double lot near commute routes and great shopping. View 3D tour at https://my.matterport.com/show/?m=SqgZMXrMNnJ&brand=0

Last Agent to Sell the Property

Greg Hamer

Monterey Coast Realty License #02020552 Listed on: 05/05/2020

Monterey Coast Realty

Last Buyer's Agent

C&C Real Estate Team

Better Homes And Gardens Real Estate By The Sea License #70010156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,363

Year Built

  • 1955

Lot Details

  • 0.88

Home Design

  • Composition Roof

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Off-Street Parking

Additional Features

  • 0.88 Acre Lot
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,363

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 4350
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 4350
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Full On Ground Floor, Half On Ground Floor, Showers Over Tubs - 2+

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Covered Parking, Off-Street Parking, Parking Area
  • Carport Min: 2

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.8803
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38348.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 38348.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Tarantino John M
Bought by
Mar Vista Real Estate-Monterey Llc
Current Estimated Value
$1,943,237

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 4, 2020
Sold by
Crowe Investments Llc
Bought by
Tarantino John M
Seller's Agent
Greg Hamer
Monterey Coast Realty
Buyer's Agent
C&C Real Estate Team
Better Homes And Gardens Real Estate By The Sea
List Price
$750,000
Sold Price
$635,000
Premium/Discount to List
-$115,000
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%
Original Mortgage
$735,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2009
Sold by
Warner Vicki C and Estate Of Marianne E Von Becke
Bought by
Stowe Gary L and Stowe Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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
Mar Vista Real Estate-Monterey Llc -- --
Tarantino John M $635,000 Chicago Title Company
Stowe Gary L $525,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tarantino John M $739,000
Previous Owner Tarantino John M $672,000
Previous Owner Tarantino John M $735,000
Previous Owner Stowe Gary L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $635,000 -15.3% $146 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $750,000 -- $172 / 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 $6,363 $585,095 $492,139 $92,956
2024 $6,363 $573,624 $482,490 $91,134
2023 $6,227 $562,378 $473,030 $89,348
2022 $6,142 $551,352 $463,755 $87,597
2021 $6,053 $540,542 $454,662 $85,880
2020 $4,835 $441,551 $353,244 $88,307
2019 $5,069 $432,894 $346,318 $86,576
2018 $4,870 $424,407 $339,528 $84,879
2017 $4,517 $416,086 $332,871 $83,215
2016 $4,437 $407,929 $326,345 $81,584
2015 $4,375 $401,802 $321,443 $80,359
2014 $4,301 $393,932 $315,147 $78,785
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Greg Hamer

    Monterey Coast Realty

    Section Image

  • C

    Buyer's Agent in 2020

    C&C Real Estate Team

    Better Homes And Gardens Real Estate By The Sea

See All Agents

Map

Source: MLSListings

MLS Number: ML81791356

MLSListings

APN: 001-953-036-000

California Monterey County Monterey 93940 Monterey Vista

261 Mar Vista Dr, Monterey, CA

This home is located at 261 Mar Vista Dr, Monterey, CA 93940 since 05 May 2020 and is currently estimated at $1,943,237, approximately $446 per square foot. This property was built in 1955. 261 Mar Vista Dr 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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