Seller's Agent in 2024
James Frangella
Bay Homes and Estates
(831) 521-2099
13 Total Sales
3 Wallace Place Monterey, CA 93940
Estimated Value: $872,000 - $915,000
2
Beds
1
Bath
1,014
Sq Ft
$875/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Skylights in Kitchen
- Bathtub with Shower
- Monterey High School Rated A
- 1 Car Attached Garage
- Washer and Dryer
About This Home
As of April 2024This darling cottage in a quiet cul-de-sac in one of the most desirable communities the Peninsula has to offer will bring back memories forever. Welcome to your new sanctuary! Nestled in the heart of a serene and family-friendly neighborhood, this delightful residence offers the perfect blend of comfort, style, and convenience. This home is sure to captivate discerning buyers seeking a haven to call their own and create finishing touches to truly make it their own. Step inside to discover an inviting living space flooded with natural light, perfect for hosting gatherings with loved ones or enjoying quiet evenings by the fireplace. From under the majestic oak tree to your escape to the expansive backyard oasis, where lush greenery and a spacious patio create an ideal setting for outdoor entertaining, al fresco dining, or simply unwinding amidst nature's beauty. Don't miss this opportunity to make this charming residence your own! Call your REALTOR to schedule a viewing today and experience the warmth and comfort this home has to offer.
Last Agent to Sell the Property
Bay Homes and Estates License #01062212 Listed on: 03/14/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 5,990 Sq Ft Lot
- East Facing Home
- Mostly Level
- Zoning described as R1
Parking
- 1 Car Attached Garage
Home Design
- Flat Roof Shape
- Slab Foundation
- Wood Frame Construction
Interior Spaces
- 1,014 Sq Ft Home
- 1-Story Property
- Skylights in Kitchen
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Area
- Wood Flooring
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in Garage
- Washer and Dryer
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 012-491-016-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
Apr 2, 2024
Sold by
Miki R Brennan Revocable Trust and Brennan John Edward
Bought by
Walker Peter J
Seller's Agent
James Frangella
Bay Homes and Estates
Buyer's Agent
Canning Properties
Sotheby’s International Realty
List Price
$850,000
Sold Price
$865,000
Premium/Discount to List
$15,000
1.76%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,041
Avg. Annual Appreciation
1.45%
Original Mortgage
$47,000
Outstanding Balance
$46,300
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$840,741
Purchase Details
Closed on
Oct 5, 2011
Sold by
Brennan Miki R
Bought by
Brennan Miki R
Purchase Details
Closed on
Aug 16, 2005
Sold by
Brennan Miki R
Bought by
Brennan Miki
Purchase Details
Closed on
Apr 20, 1994
Sold by
Souza Frank F and Souza Tina M
Bought by
Brennan Miki R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
5.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walker Peter J | $865,000 | First American Title | |
| Brennan Miki R | -- | None Available | |
| Brennan Miki R | -- | None Available | |
| Brennan Miki | -- | -- | |
| Brennan Miki R | $197,500 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walker Peter J | $47,000 | |
| Open | Walker Peter J | $700,000 | |
| Previous Owner | Brennan Miki R | $177,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2024 04/05/24 | Sold | $865,000 | +1.8% | $853 / Sq Ft |
| 03/24/2024 03/24/24 | Pending | -- | -- | -- |
| 03/14/2024 03/14/24 | For Sale | $850,000 | -- | $838 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $3,496 | $882,300 | $535,500 | $346,800 |
| 2024 | $3,496 | $329,044 | $183,267 | $145,777 |
| 2023 | $3,498 | $322,593 | $179,674 | $142,919 |
| 2022 | $3,448 | $316,268 | $176,151 | $140,117 |
| 2021 | $3,397 | $310,068 | $172,698 | $137,370 |
| 2020 | $3,269 | $306,890 | $170,928 | $135,962 |
| 2019 | $3,425 | $300,874 | $167,577 | $133,297 |
| 2018 | $3,289 | $294,976 | $164,292 | $130,684 |
| 2017 | $3,048 | $289,193 | $161,071 | $128,122 |
| 2016 | $2,992 | $283,523 | $157,913 | $125,610 |
| 2015 | $2,949 | $279,265 | $155,541 | $123,724 |
| 2014 | $2,897 | $273,796 | $152,495 | $121,301 |
Source: Public Records
Agents Affiliated with this Home
-
James Frangella
-
Canning Properties
C
Buyer's Agent in 2024
Canning Properties
Sotheby’s International Realty
(831) 238-5535
201 Total Sales
Map
Source: MLSListings
MLS Number: ML81957625
APN: 012-491-016-000
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