NOT LISTED FOR SALE

400 Drake Ave Unit 7 Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $1,044,710 - $1,274,000

2 Beds
2 Baths
1,470 Sq Ft
$795/Sq Ft Est. Value

About This Home

This home is located at 400 Drake Ave Unit 7, Monterey, CA 93940 and is currently estimated at $1,169,178, approximately $795 per square foot. 400 Drake Ave Unit 7 is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Payandehjoo Golnesa and Howland Golnesa
Bought by
Howland Golnesa
Current Estimated Value
$1,169,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.29%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 13, 2005
Sold by
New Zealand Holdings Ltd
Bought by
Payandehjoo Golnesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.81%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Howland Golnesa -- Old Republic Title Company
Howland Golnesa -- Old Republic Title Company
Howland Golnesa -- Old Republic Title Company
Payandehjoo Golnesa $675,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Howland Golnesa $100,000
Previous Owner Payandehjoo Golnesa $100,000
Previous Owner Payandehjoo Golnesa $506,250
Source: Public Records

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 $9,773 $922,430 $375,802 $546,628
2024 $9,773 $904,344 $368,434 $535,910
2023 $9,583 $886,612 $361,210 $525,402
2022 $9,450 $869,228 $354,128 $515,100
2021 $7,965 $729,000 $297,000 $432,000
2020 $7,063 $665,000 $271,000 $394,000
2019 $7,640 $672,000 $274,000 $398,000
2018 $6,132 $551,000 $224,000 $327,000
2017 $5,560 $529,000 $216,000 $313,000
2016 $5,535 $529,000 $216,000 $313,000
2015 $5,233 $500,000 $204,000 $296,000
2014 $4,262 $407,000 $166,000 $241,000
Source: Public Records

Map

California Monterey County Monterey 93940 New Monterey

400 Drake Ave Unit 7, Monterey, CA

This home is located at 400 Drake Ave Unit 7, Monterey, CA 93940 and is currently estimated at $1,169,178, approximately $795 per square foot. 400 Drake Ave Unit 7 is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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