NOT LISTED FOR SALE

Estimated Value: $1,047,000 - $1,217,000

2 Beds
3 Baths
1,675 Sq Ft
$671/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $740,000 $442 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,732/month

Highlights

  • Ocean View
  • Gated Community
  • Fireplace
  • Monterey High School Rated A
  • Balcony
  • Guest Parking

About This Home

As of May 2022

LOVELY SINGLE LEVEL PEBBLE BEACH CONDO WITH VIEWS of Del Monte Forest, Monterey city lights, and Monterey Bay, located just off 17 Mile Drive. Top floor, fully furnished for short term rental. 2 en suite Primary suites , one has king size bed, the other a California king bed. Vaulted ceiling living room with awesome views and lots of light, has gas fireplace, small office area, and wet bar. Galley style just redone & well equipped kitchen and all utensils, dishes, cookware etc. Luxury vinyl plank flooring throughout. Lots of closet space. Inside laundry. High Speed internet & cable TV , trash, water, sewer, HOA, included. This is a quiet private gated community. close to Community Hospital, and convenient to Carmel, Monterey, Pacific Grove, golf, ocean, hiking shopping, & dining. No smoking. 1 small housebroken dog considered w/ non-refundable $200 pet fee. Tenant pays P G &E. Prefer 3 mo. lease then mo. to mo. thru November. Available 6/1/22

Last Agent to Rent the Property

Jeanne L. O'brien

B. Home Real Estate License #01859208 Listed on: 05/18/2022

Last Renter's Agent

Jeanne L. O'brien

B. Home Real Estate License #01859208 Listed on: 05/18/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,077

Year Built

  • 1982

Lot Details

  • 1,677

Interior Spaces

  • 1,675 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Dining Area
  • Vinyl Flooring
  • Ocean Views
  • Washer and Dryer

Kitchen

  • Electric Oven
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • 1,677 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 6/1/22
  • Rent includes association fees, cable TV, furniture, laundry facilities, sewer, trash removal, water
  • 3-Month Min and 6-Month Max Lease Term

Community Details

Overview

Security

  • Gated Community

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,077

Year Built

1982

Lot Details

0

Rental Info

  • Available: 06/01/2022
  • Lease Terms: Credit Report Required, Deposit Required, Month To Month, Option To Renew
  • Maximum Lease Months: 6
  • Minimum Lease Months: 3
  • Rent Includes: Association Fees, Cable Tv, Furniture, Laundry Facilities, Sewer, Trash Removal, Water
  • Security Deposit: 2500

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 40
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1675
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1675
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 2

Exterior Features

  • View: Ocean
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Guest / Visitor Parking

Utilities

  • Heating System: Electric

Condo/Co-op/Association

  • Complex Name: Pebble Beach - Shepherds Knoll
  • HOA Amenities: Community Security Gate
  • HOA Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0385
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1675.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1675.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Geojio Trust
Bought by
V W Lok Living Trust and Lok
Current Estimated Value
$1,124,174

Purchase Details

Closed on
Jun 18, 2021
Sold by
Obrien Gary Edward and Obrien Jeanne L
Bought by
Obrien Gary Edward and Obrien Jeanne Louise

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 1, 2021
Sold by
Teer Mary and The Hamid Niknia Living Trust
Bought by
Obrien Gary Edward and Obrien Jeanne L
Seller's Agent
Kathryn Picetti
Sotheby’s International Realty
Buyer's Agent
Richard Warren
Sotheby’s International Realty
List Price
$795,000
Sold Price
$740,000
Premium/Discount to List
-$55,000
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$555,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Niknia Hamid
Bought by
Niknia Hamid

Purchase Details

Closed on
Jun 5, 2007
Sold by
Morcus Kaiser E
Bought by
Niknia Hamid and Tavakoli Forouzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.14%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
V W Lok Living Trust $1,188,000 First American Title
Obrien Gary Edward -- None Available
Obrien Gary Edward $740,000 Chicago Title Company
Niknia Hamid -- None Available
Niknia Hamid $875,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Gary Edward $555,000
Previous Owner Niknia Hamid $625,000
Previous Owner Morcus Kaiser E $345,000
Previous Owner Barry Donald R $250,000
Previous Owner Morcus Kaiser E $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Rented $4,250 0.0% --
05/23/2022 05/23/22 Under Contract -- -- --
05/18/2022 05/18/22 For Rent $4,250 0.0% --
04/06/2021 04/06/21 Sold $740,000 -4.5% $395 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $775,000 -2.5% $413 / Sq Ft
01/04/2021 01/04/21 For Sale $795,000 -- $424 / 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 $6,077 $1,211,760 $714,000 $497,760
2024 $6,077 $1,188,000 $700,000 $488,000
2023 $5,891 $547,974 $370,253 $177,721
2022 $5,808 $537,231 $362,994 $174,237
2021 $7,484 $526,698 $355,877 $170,821
2020 $7,072 $662,000 $473,000 $189,000
2019 $7,857 $687,000 $491,000 $196,000
2018 $7,557 $675,000 $375,000 $300,000
2017 $7,617 $721,000 $515,000 $206,000
2016 $7,292 $689,000 $492,000 $197,000
2015 $6,623 $625,000 $446,000 $179,000
2014 $6,837 $644,000 $460,000 $184,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: MLSListings

MLS Number: ML81892401

MLSListings

APN: 008-253-013-000