NOT LISTED FOR SALE

370 Ocean Ave Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $1,149,941 - $1,342,000

3 Beds
2 Baths
1,383 Sq Ft
$869/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $780,000 $564 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,191/month

9 Days on Market

Highlights

  • Two Primary Bedrooms
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • La Mesa Elementary School Rated A-
  • Deck
  • Neighborhood Views

About This Home

As of May 2018

Light Bright home, Move in Condition close to Bay, Bike Path, Park, Lake, NPS, MPC and downtown Monterey. 2 master suites, one on ground floor and upstairs. Garage is over sized 1 car.. Large patio to enjoy sunny days. 2 bedrooms on the main level and whole upstairs is master with large bath and closet. Lots of living space with Fireplace in the Living room, Formal dining area and breakfast nook in the kitchen. Great Monterey location, beautiful bright home.

Last Agent to Sell the Property

Dean Provence

Shankle Real Estate License #00833476 Listed on: 04/02/2018

Shankle Real Estate

Last Buyer's Agent

Mario Torrente

Shankle Real Estate License #00515075

Shankle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,461

Year Built

  • Built in 1900

Lot Details

  • 3,999 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Workshop in Garage

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,383 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Gazebo

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-835-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,461

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 118
  • Listing Class: Residential
  • Structure Sq Ft: 1383
  • Incorporated: Yes
  • Year Built: 1900
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1383
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Gazebo, Sprinklers - Auto
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Workshop in Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 001-835-010-000
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 15, 2018
Sold by
Mermis Carol Ann and Mermis Carol A
Bought by
Badger Michael A and Badger Rachel M
Seller's Agent
Dean Provence
Shankle Real Estate
Buyer's Agent
Mario Torrente
Shankle Real Estate
List Price
$780,000
Sold Price
$780,000
Current Estimated Value
$1,201,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,735
Avg. Annual Appreciation
5.77%
Original Mortgage
$624,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2016
Sold by
Mermis Carol Ann
Bought by
Mermis Carol A and The Carol A Mermis Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2012
Sold by
Mermis Carol A
Bought by
Mermis Carol A and Carol A Mermis Living Trust

Purchase Details

Closed on
Sep 7, 2005
Sold by
Mermis Carol A
Bought by
Mermis Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2003
Sold by
Mermis Jerry D
Bought by
Mermis Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,300
Interest Rate
4.87%
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
Badger Michael A $780,000 Chicago Title
Mermis Carol A -- First American Title Company
Mermis Carol Ann -- First American Title Company
Mermis Carol A -- None Available
Mermis Carol A -- Chicago Title
Mermis Carol A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badger Michael A $540,700
Closed Badger Michael A $576,600
Closed Badger Michael A $624,000
Previous Owner Mermis Carol Ann $399,000
Previous Owner Mermis Carol A $398,000
Previous Owner Mermis Carol A $363,300
Previous Owner Mermis Jerry D $201,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $780,000 0.0% $564 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $780,000 -- $564 / 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 $9,461 $887,502 $568,913 $318,589
2024 $9,461 $870,101 $557,758 $312,343
2023 $9,250 $853,041 $546,822 $306,219
2022 $9,122 $836,315 $536,100 $300,215
2021 $8,988 $819,918 $525,589 $294,329
2020 $8,647 $811,512 $520,200 $291,312
2019 $9,074 $795,600 $510,000 $285,600
2018 $3,735 $333,065 $209,102 $123,963
2017 $3,461 $326,535 $205,002 $121,533
2016 $3,399 $320,133 $200,983 $119,150
2015 $3,350 $315,326 $197,965 $117,361
2014 $3,292 $309,151 $194,088 $115,063
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dean Provence

    Shankle Real Estate

    Section Image

  • M

    Buyer's Agent in 2018

    Mario Torrente

    Shankle Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81698749

MLSListings

APN: 001-835-010-000

California Monterey County Monterey 93940 East Monterey

370 Ocean Ave, Monterey, CA

This home is located at 370 Ocean Ave, Monterey, CA 93940 since 02 April 2018 and is currently estimated at $1,201,735, approximately $868 per square foot. This property was built in 1900. 370 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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