NOT LISTED FOR SALE

Estimated Value: $1,185,000 - $1,355,000

2 Beds
2 Baths
1,155 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $400,000 $346 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $7,370/month

75 Days on Market

Highlights

  • Marina View
  • Wood Flooring
  • Forced Air Heating System
  • Monterey High School Rated A
  • Bonus Room
  • Wood Burning Fireplace

About This Home

As of December 2014

REDUCED. Perched high on a Mntry Hill sits this private, architechturally unique 1-of-a-kind 1-level home which enjoys Gorgeous SUNRISES, MNTRY HARBOR, WHARF, BAY & HILL VIEWS + CITY Night LIGHTS. This peaceful oasis is away from it all;yet EZ to everything. Open Beams/Hardwood Flrs in most rooms. Walls of Glass adorn Liv.+ Din.Rms. 2 Bd.Rms + 290 s.f. Bonus Rm; 2 Bths. New Roof,Furnace,Water Htr.

Last Agent to Sell the Property

Joanne Garden

Shankle Real Estate License #00978911 Listed on: 09/20/2014

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,420

Year Built

  • Built in 1953

Lot Details

  • 9,453

Property Views

  • Marina
  • Bay
  • City Lights

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,155 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Lot Sloped Up

Listing and Financial Details

  • Assessor Parcel Number 001-901-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,420

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1155
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 6
  • Map Top Coordinate: G
  • Thomas Bros Page: 80
  • Thomas Brothers: G6
  • Year Built: 1953
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining "L"
  • Kitchen: Cooktop, Refrigerator, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1155
  • Stories: 1
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • View: Bay, Marina, City Lights
  • Exterior: Wood

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Uncovered Parking

Utilities

  • Heating System: Gas - Natural, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), BBQ - Indoor

Schools

  • School District: Monterey Peninsula Unified
  • Middle School: Walter Colton
  • High School: Monterey High
  • High School: 545
  • Middle School: 531

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 001-901-016
  • List Price per Sq Ft: 518.61
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9000.00
  • Lot Size Area Min Search: 9000.00
  • Maximum Lot Size: 9000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Unknown, Low Flow Shower, Low Flow Toilet

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • High School Text: Monterey High
  • Middle School Text: Walter Colton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2017
Sold by
Madani Mehran
Bought by
Madani Mehran and Mehran Madani Living Trust
Current Estimated Value
$1,257,649

Purchase Details

Listed on
Sep 20, 2014
Closed on
Nov 21, 2014
Sold by
Davi Dorothy M
Bought by
Madani Mehran and Allen Linda Beth
Seller's Agent
Joanne Garden
Shankle Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$649,000
Sold Price
$400,000
Premium/Discount to List
-$249,000
-38.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Jul 22, 2003
Sold by
Davi Dorothy M
Bought by
Davi Dorothy M and The Dorothy M Davi Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Davi Dorothy M
Bought by
Davi Dorothy M and Dorothy M Davi Living Trust

Purchase Details

Closed on
Sep 28, 1997
Sold by
Chappel Davi Dorothy M and Chappel Davi Dorothy
Bought by
Davi Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.44%
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
Madani Mehran -- None Available
Madani Mehran $400,000 Old Republic Title Company
Davi Dorothy M -- Stewart Title
Davi Dorothy M -- Stewart Title
Davi Dorothy M -- --
Davi Dorothy M -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davi Dorothy M $163,000
Previous Owner Davi Dorothy M $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $400,000 -33.2% $346 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
10/27/2014 10/27/14 Price Changed $599,000 -4.2% $519 / Sq Ft
10/07/2014 10/07/14 Price Changed $625,000 -3.7% $541 / Sq Ft
10/02/2014 10/02/14 For Sale $649,000 +62.3% $562 / Sq Ft
09/28/2014 09/28/14 Off Market $400,000 -- --
09/20/2014 09/20/14 For Sale $649,000 -- $562 / 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 $8,420 $781,196 $480,737 $300,459
2024 $8,420 $765,879 $471,311 $294,568
2023 $8,206 $750,863 $462,070 $288,793
2022 $8,093 $736,141 $453,010 $283,131
2021 $7,975 $721,708 $444,128 $277,580
2020 $7,674 $714,309 $439,575 $274,734
2019 $8,054 $700,304 $430,956 $269,348
2018 $7,563 $671,443 $419,473 $251,970
2017 $7,004 $658,279 $411,249 $247,030
2016 $7,171 $673,096 $414,213 $258,883
2015 $7,068 $662,987 $407,992 $254,995
2014 $814 $75,844 $33,378 $42,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81434379

MLSListings

APN: 001-901-016-000