NOT LISTED FOR SALE

321 Pheasant Ridge Rd Monterey, CA 93940

Estimated Value: $617,595 - $876,000

2 Beds
2 Baths
1,056 Sq Ft
$379/mo HOA Fee

Last Sold August 19, 2020

Last sale price $509,000 $482 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,398/month

3 Days on Market

Highlights

  • Private Pool
  • Main Floor Primary Bedroom
  • Bathtub with Shower
  • Monterey High School Rated A
  • Walk-In Closet
  • Bathroom on Main Level

About This Home

As of August 2020

This Light and Bright unit offers 2 bedrooms, 2 full bathrooms, and a living/dining room with a gas starter fireplace. Kitchen has upgraded counter tops with self closing cabinets and doors. Indoor washer & dryer with bonus storage closets in the laundry area. The large patio off the dining/living room is a sunny spot to enjoy your morning & evening mountain views. This complex offers covered parking, guest parking and an additional storage unit. The HOA includes the tennis courts, pool and spa along with a recreation room. Immaculately kept grounds with trees surrounding the entire complex. Close to beaches, shopping, restaurants and everything the Peninsula has to offer.

Last Agent to Sell the Property

Lori Clark

Monterey Peninsula Properties License #01055055 Listed on: 07/17/2020

Last Buyer's Agent

Mina Sunwoo

KW Coastal Estates License #01974443

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,822

Year Built

  • 1988

Lot Details

  • 0.25

HOA Fees

  • $379 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Gas Fireplace
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 5 Parking Spaces
  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

  • Association fees include exterior painting, garbage, pool spa or tennis
  • The Oaks Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,822

Year Built

1988

Lot Details

0

HOA Fees

$379 per month

Listing Details

  • Zoning: r
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1056
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Electric, Countertop - Other
  • Fireplace: Yes
  • Living Sq Ft: 1056
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Shower And Tub, Stall Shower

Exterior Features

  • Foundation: Post And Pier
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Pool / Spa Combo

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 379
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: The Oaks

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Rial David Palmer and Takahashi Susan Lynn
Bought by
Rial David Palmer and Takahashi Susan Lynn
Current Estimated Value
$675,226

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 11, 2020
Sold by
Stewart Cheryl and Cheryl Poynter Revocable Trust
Bought by
Rial David Palmer and Takahashi Susan Lynn
Seller's Agent
Lori Clark
Monterey Peninsula Properties
Buyer's Agent
Mina Sunwoo
KW Coastal Estates
List Price
$489,000
Sold Price
$509,000
Premium/Discount to List
$20,000
4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$407,000
Outstanding Balance
$361,038
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$343,361

Purchase Details

Closed on
Sep 5, 2017
Sold by
Poynter Cheryl
Bought by
Poynter Cheryl

Purchase Details

Closed on
Nov 15, 2007
Sold by
Brookman Marilyn
Bought by
Poynter Cheryl

Purchase Details

Closed on
Jul 9, 2007
Sold by
Poynter Cheryl
Bought by
Brookman Marilyn J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rial David Palmer -- None Available
Rial David Palmer $509,000 Chicago Title Company
Poynter Cheryl -- None Available
Poynter Cheryl -- None Available
Brookman Marilyn J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rial David Palmer $407,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $509,000 +4.1% $482 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $489,000 -- $463 / 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 $5,822 $550,957 $270,608 $280,349
2024 $5,822 $540,154 $265,302 $274,852
2023 $5,796 $529,563 $260,100 $269,463
2022 $5,716 $519,180 $255,000 $264,180
2021 $5,633 $509,000 $250,000 $259,000
2020 $3,088 $291,032 $88,924 $202,108
2019 $3,236 $285,327 $87,181 $198,146
2018 $3,107 $279,733 $85,472 $194,261
2017 $2,878 $274,249 $83,797 $190,452
2016 $2,826 $268,872 $82,154 $186,718
2015 $2,785 $264,834 $80,920 $183,914
2014 $2,736 $259,647 $79,335 $180,312
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lori Clark

    Monterey Peninsula Properties

    (831) 236-8001

    39 Total Sales

    Lori Clark
    Section Image
  • Mina Sunwoo

    Buyer's Agent in 2020

    Mina Sunwoo

    KW Coastal Estates

    (831) 747-4923

    6 Total Sales

    Mina Sunwoo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81801281

MLSListings

APN: 012-613-022-000

California Monterey County Monterey 93940

321 Pheasant Ridge Rd, Monterey, CA

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