Joe Gallagher
Sotheby’s International Realty
(831) 250-1666
32 Total Sales
5 in New Monterey
$1.2M - $1.9M Price Range
400 Drake Ave Unit 9 Monterey, CA 93940
New Monterey NeighborhoodEstimated Value: $985,789
2
Beds
1.5
Baths
1,200
Sq Ft
610
Sq Ft Lot
Highlights
- Ocean View
- Marble Bathroom Countertops
- 1 Fireplace
- Vaulted Ceiling
- Loft
- Steam Shower
About This Home
As of March 2017For the discriminating Buyer this Stunning, high end, turn-key penthouse with panoramic Monterey Bay views is just a stroll to Cannery Row. This completely remodeled 2 bedroom, 1.5 bath unit with loft and custom office, high end appliances, custom Alder wood cabinets, custom granite surfaces throughout, a Murphy Bed, remote control window coverings, steam shower, soaking tub, Carrera Marble floors in bathroom and is being offered completely furnished. Just bring your suitcase, sit back and enjoy the views.
Last Agent to Sell the Property
Coldwell Banker Realty License #00891159 Listed on: 11/08/2016
Last Buyer's Agent
Connie Erickson
Coldwell Banker Realty License #01400809
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Property Details
Home Type
- Condominium
Year Built
- Built in 1986
Lot Details
- 610
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Bay
- Panoramic
- Downtown
- Mountain
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,200 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 1 Fireplace
- Den
- Loft
- Tile Flooring
- Washer and Dryer
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Electric Oven
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- Marble Bathroom Countertops
- Dual Sinks
- Bathtub
- Steam Shower
- Walk-in Shower
Utilities
- Radiant Heating System
- Separate Meters
- 220 Volts
Community Details
- Property has a Home Owners Association
- Association fees include common area electricity, exterior painting
- Presidio Hills Association
Listing and Financial Details
- Assessor Parcel Number 001-995-009-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2016
Closed on
Mar 1, 2017
Sold by
Bought by
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Connie Erickson
Coldwell Banker Realty
List Price
$850,000
Sold Price
$770,000
Premium/Discount to List
-$80,000
-9.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,789
Avg. Annual Appreciation
2.67%
Original Mortgage
$577,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 23, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Home Values in the Area
Average Home Value in this Area
Agents Specializing in New Monterey, CA
-
Joe Gallagher
-
Dean Provence
Dean Provence
Responds QuicklySotheby’s International Realty
(831) 275-6442
71 Total Sales
9 in New Monterey
$402K - $1.6M Price Range
-
Regina Shaw
Regina Shaw
Intero Real Estate Services
(831) 273-3582
99 Total Sales
1 in New Monterey
$1,215,000 Price
-
Juan Chavarria
Juan Chavarria
Home Ranch Land Realty
(805) 262-8330
25 Total Sales
1 in New Monterey
$1,382,000 Price
-
Alecia Hull
Alecia Hull
Sotheby’s International Realty
(831) 220-3097
21 Total Sales
3 in New Monterey
$745K - $1.5M Price Range
-
Iris Tran
Iris Tran
Windermere Signature Properties Elk Grove
(279) 205-3711
72 Total Sales
1 in New Monterey
$1,080,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $770,000 | Old Republic Title Company | ||
| -- | First American Title Company | ||
| $627,500 | Old Republic Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $534,000 | ||
| Closed | $577,500 | ||
| Previous Owner | $129,250 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2017 03/21/17 | Sold | $770,000 | -9.4% | $642 / Sq Ft |
| 01/27/2017 01/27/17 | Pending | -- | -- | -- |
| 11/08/2016 11/08/16 | For Sale | $850,000 | -- | $708 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,320 | $911,517 | $355,136 | $556,381 |
| 2025 | $9,546 | $893,645 | $348,173 | $545,472 |
| 2024 | $9,546 | $876,124 | $341,347 | $534,777 |
| 2023 | $9,360 | $858,946 | $334,654 | $524,292 |
| 2022 | $9,231 | $842,105 | $328,093 | $514,012 |
| 2021 | $9,097 | $825,594 | $321,660 | $503,934 |
| 2020 | $8,752 | $817,129 | $318,362 | $498,767 |
| 2019 | $9,188 | $801,108 | $312,120 | $488,988 |
| 2018 | $8,819 | $785,400 | $306,000 | $479,400 |
| 2017 | $5,602 | $526,000 | $231,000 | $295,000 |
| 2016 | $5,600 | $525,000 | $230,000 | $295,000 |
| 2015 | $5,287 | $495,000 | $217,000 | $278,000 |
| 2014 | $4,317 | $402,000 | $176,000 | $226,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Allen
Seller's Agent in 2017
Tim Allen
Coldwell Banker Realty
(831) 214-1990
3 in this area
327 Total Sales
-
C
Buyer's Agent in 2017
Connie Erickson
Coldwell Banker Realty
-
G
Buyer's Agent in 2017
Grace Stolzoff
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81631277
APN: 001-995-009-000
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