NOT LISTED FOR SALE

Estimated Value: $1,687,000 - $1,851,391

4 Beds
3 Baths
2,786 Sq Ft
$622/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $850,000 $305 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,873/month

21 Days on Market

Highlights

  • Hydromassage or Jetted Bathtub
  • 2 Fireplaces
  • Den
  • Monterey High School Rated A
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of September 2016

Welcome home to this spacious & large property in the highly sought after Peter's Gate area of Monterey. This home is a rare find in Monterey with 2760 square feet of living space and a large lot. Walking in, you notice the abundance of natural light and an open, flowing floorplan that lends itself nicely to everyday living or entertaining large groups. The extra family/bonus room with marble fireplace opens up to a private patio and garden while the entire second floor is devoted to the master suite with sitting room, jetted tub and walk in closet. The kitchen has ample space & storage to make first class meals along with breakfast nook, breakfast bar and sliding door to the patio. The backyard is a blank slate that could be anything you can imagine while the 2 patios are private and overflowing with flowers and greenery. This is an extraordinary opportunity. Don't let this property pass you by!

Last Agent to Sell the Property

Joy Jacobs

KW Coastal Estates License #70003531 Listed on: 06/24/2016

KW Coastal Estates

Last Buyer's Agent

Amber Melenudo

David Lyng Real Estate License #01921098

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,623 Sq Ft Lot
  • Fenced
  • Lot Sloped Down
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,786 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 001-622-003-000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2786
  • Year Built: 1956
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Skylight, Trash Compactor
  • Living Sq Ft: 2786
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Low Maintenance
  • Fencing: Mixed Height / Type

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 001-622-003-000
  • Lot Acres: 0.1750
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7618.64
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7618.64

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2019
Sold by
Sessions Gina L
Bought by
Sessions Young Revocable Family Trust and Sessions Gina L
Current Estimated Value
$1,732,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.31%

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 29, 2016
Sold by
Sands Karri Lynne
Bought by
Sessions Gina L and Sessions Waldemar Young
Seller's Agent
Joy Jacobs
KW Coastal Estates
Buyer's Agent
Amber Melenudo
David Lyng Real Estate
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

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
$365,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Reitzell Jana L
Bought by
Reitzell Jana L and Jana L Reitzell Living Trust

Purchase Details

Closed on
Jun 7, 2011
Sold by
Reitzell Richard L
Bought by
Reitzell Jana L

Purchase Details

Closed on
Jul 19, 2010
Sold by
Reitzell Jana L and Reitzell Richard L
Bought by
Reitzell Jana L and Jana L Reitzell Living Trust

Purchase Details

Closed on
Nov 3, 1995
Sold by
Lewis Joanne B
Bought by
Reitzell Richard L and Reitzell Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.62%
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
Sessions Young Revocable Family Trust -- --
Sessions Gina L $850,000 Old Republic Title Company
Reitzell Jana L -- None Available
Reitzell Jana L -- None Available
Reitzell Jana L -- None Available
Reitzell Richard L $380,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sessions Young Revocable Family Trust --
Previous Owner Sessions Gina L $365,000
Previous Owner Reitzell Richard L $208,000
Closed Reitzell Richard L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2016 09/08/16 Sold $850,000 -2.9% $305 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $875,000 -- $314 / 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 $10,499 $986,492 $464,232 $522,260
2024 $10,499 $967,150 $455,130 $512,020
2023 $10,320 $948,187 $446,206 $501,981
2022 $10,177 $929,596 $437,457 $492,139
2021 $10,028 $911,370 $428,880 $482,490
2020 $9,649 $902,026 $424,483 $477,543
2019 $10,125 $884,340 $416,160 $468,180
2018 $9,719 $867,000 $408,000 $459,000
2017 $9,002 $850,000 $400,000 $450,000
2016 $5,710 $535,894 $210,490 $325,404
2015 $5,629 $527,846 $207,329 $320,517
2014 $5,531 $517,507 $203,268 $314,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81592402

MLSListings

APN: 001-622-003-000

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