NOT LISTED FOR SALE

357 Ocean Ave Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $854,197 - $873,000

2 Beds
2 Baths
891 Sq Ft
$969/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $487,000 $547 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,124/month

46 Days on Market

Highlights

  • Deck
  • Balcony
  • Tile Countertops
  • La Mesa Elementary School Rated A-
  • Breakfast Bar
  • Bungalow

About This Home

As of October 2015

This is a 1910 bungalow with 2 bed, 2 baths located near Navy Post Graduate School in Monterey. Features wood burning fireplace, kitchen has tile counters, gas range, refrigerator. There is off street parking and delightful garden. Walking distance to the ocean, downtown Monterey, shopping, Fisherman's wharf and restaurants. Buyer to cooperate with seller in a tax deferred exchange.

Last Agent to Sell the Property

Toni Fleming

David Lyng Real Estate License #00524900 Listed on: 07/09/2015

David Lyng Real Estate

Last Buyer's Agent

Patrick J. Kennelly

Performance Realty Group License #01482979

Performance Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,273

Year Built

  • Built in 1910

Lot Details

  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as Commercial

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Master Meter

Listing and Financial Details

  • Assessor Parcel Number 001-834-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,273

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 105
  • Listing Class: Residential
  • Structure Sq Ft: 891
  • Year Built: 1910
  • Zoning Description: Commercial
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 891
  • Stories: 1
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, BBQ Area, Deck, Drought Tolerant Plants, Low Maintenance

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-834-018
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Multi Family

  • Utilities: Master Meter, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Hicks Brian
Bought by
Brian E Hicks Separate Property Trust and Hicks
Current Estimated Value
$863,599

Purchase Details

Listed on
Jul 9, 2015
Closed on
Oct 6, 2015
Sold by
Hicks Diane Charlotte
Bought by
Hicks Brian
Seller's Agent
Toni Fleming
David Lyng Real Estate
Buyer's Agent
Patrick J. Kennelly
Performance Realty Group
List Price
$575,000
Sold Price
$487,000
Premium/Discount to List
-$88,000
-15.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$316,500
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 28, 2015
Sold by
Channon Joan and The 2004 Joan Channon Revocabl
Bought by
Hicks Brian
Seller's Agent
Toni Fleming
David Lyng Real Estate
Buyer's Agent
Patrick J. Kennelly
Performance Realty Group
List Price
$575,000
Sold Price
$487,000
Premium/Discount to List
-$88,000
-15.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,500
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2007
Sold by
Channon Joan
Bought by
Channon Joan and 2004 Joan Channon Revocable Tr

Purchase Details

Closed on
Dec 3, 2003
Sold by
Steffy Channon Joan and Channon Joan S
Bought by
Steffy Channon Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1998
Sold by
Channon James B
Bought by
Channon Joan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 1995
Sold by
Phillips Rosanna and Phillips Rosana
Bought by
Nichols Sula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.23%
Mortgage Type
Seller Take Back
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
Brian E Hicks Separate Property Trust -- None Listed On Document
Hicks Brian -- First American Title Company
Hicks Brian $487,000 First American Title Company
Channon Joan -- None Available
Steffy Channon Joan -- First American Title
Channon Joan S -- Old Republic Title Company
Steffy Walter F $205,000 Old Republic Title Company
Nichols Sula $162,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Brain $350,000
Previous Owner Hicks Brian $316,500
Previous Owner Steffy Channon Joan $125,000
Previous Owner Steffy Walter F $164,000
Previous Owner Nichols Sula $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $487,000 -2.4% $547 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/12/2015 08/12/15 Price Changed $499,000 -13.2% $560 / Sq Ft
07/09/2015 07/09/15 For Sale $575,000 -- $645 / 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 $6,273 $576,501 $473,516 $102,985
2024 $6,273 $565,198 $464,232 $100,966
2023 $6,080 $554,117 $455,130 $98,987
2022 $5,996 $543,253 $446,206 $97,047
2021 $5,909 $532,602 $437,457 $95,145
2020 $5,687 $527,142 $432,972 $94,170
2019 $5,966 $516,807 $424,483 $92,324
2018 $5,729 $506,674 $416,160 $90,514
2017 $5,307 $496,740 $408,000 $88,740
2016 $5,212 $487,000 $400,000 $87,000
2015 $3,160 $291,879 $195,736 $96,143
2014 $3,107 $286,162 $191,902 $94,260
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Toni Fleming

    David Lyng Real Estate (Carmel offices)

    Section Image

  • P

    Buyer's Agent in 2015

    Patrick J. Kennelly

    Performance Realty Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81484125

MLSListings

APN: 001-834-018-000

California Monterey County Monterey 93940 East Monterey

357 Ocean Ave, Monterey, CA

This home is located at 357 Ocean Ave, Monterey, CA 93940 since 09 July 2015 and is currently estimated at $863,599, approximately $969 per square foot. This property was built in 1910. 357 Ocean Ave is a home located in Monterey County with nearby schools including La Mesa Elementary School, Monte Vista Elementary School, and Monterey High School.

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