NOT LISTED FOR SALE

402 Watson St Unit 10 Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $696,066 - $780,000

2 Beds
1.5 Baths
908 Sq Ft
$810/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $382,000 $421 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,319/month

10 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Open to Family Room
  • Monterey High School Rated A
  • End Unit
  • Double Pane Windows

About This Home

As of July 2014

Condo in Old Monterey walking distance to MIIS, DLI, beach, wharf, restaurants, shops, Farmers Market, and theater. Detached unit with close access to outdoor area. Recent upgrades from the outside in: new double-pane Milgard windows, new exterior siding, rebuilt decks. Inside has new granite, new carpet and paint within the last year. Two covered parking places plus storage. Walk score of 82.

Last Agent to Sell the Property

Denise Norris

David Lyng Real Estate License #01452139 Listed on: 06/03/2014

David Lyng Real Estate

Last Buyer's Agent

Jennifer Reese Hulliger

BNN Realty License #01777006

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 1982

Lot Details

  • No Common Walls
  • End Unit

Parking

  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 908 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Additional Features

  • Energy-Efficient Insulation
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, exterior painting, garbage, unit coverage insurance
  • 10 Units
  • Terra Vista Association
  • Built by Sumaya

Listing and Financial Details

  • Assessor Parcel Number 001-394-010

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,987

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Traditional
  • Age: 32
  • Sale Price Per Sq Ft: 420.70
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 10
  • Max Numberof Unitsin Complex: 10
  • Min Numberof Unitsin Complex: 10
  • Structure Sq Ft: 908
  • Complex Name: Sumaya
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 3
  • Map Top Coordinate: G
  • Thomas Bros Page: 80
  • Thomas Brothers: G3
  • Year Built: 1982
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Yes, Gas Log
  • Dining Room: No Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 908
  • Stories: 2
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains, Local/Neighborhood

Garage/Parking

  • Carport Min: 2

Utilities

  • Heating System: Fireplace, Electric

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Balcony/Patio

Condo/Co-op/Association

  • HOA Fees: 350
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Exterior Painting, Garbage, Unit Coverage Insurance
  • H O A Name Text: Terra Vista
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-394-010
  • Lot Location: Corner
  • List Price per Sq Ft: 418.50
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 857.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 857.00
  • Lot Size Area Min Search: 857.00
  • Maximum Lot Size: 857.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Insulated Water Heater, Low Flow Toilet, Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, No Common Wall

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jul 10, 2014
Sold by
Arigoni Renee
Bought by
Gusz Gary F and Gusz Susan S
Seller's Agent
Denise Norris
David Lyng Real Estate
Buyer's Agent
Jennifer Reese Hulliger
BNN Realty
List Price
$380,000
Sold Price
$382,000
Premium/Discount to List
$2,000
0.53%
Current Estimated Value
$706,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,678
Avg. Annual Appreciation
6.03%
Original Mortgage
$305,600
Outstanding Balance
$234,130
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$495,712

Purchase Details

Closed on
Sep 8, 2003
Sold by
Baird Donald G and Baird Judith D
Bought by
Arigoni Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1999
Sold by
Mcchrystal William Richard
Bought by
Baird Donald G and Baird Judith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.7%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Getz Marion Gene and Franzen Byron T
Bought by
Mcchrystal William Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.74%
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
Gusz Gary F $382,000 Old Republic Title Company
Arigoni Renee -- Old Republic Title Company
Arigoni Renee $395,000 First American Title
Baird Donald G $175,000 Old Republic Title Company
Mcchrystal William Richard $129,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arigoni Renee $305,600
Closed Gusz Gary F $305,600
Previous Owner Arigoni Renee $281,000
Previous Owner Arigoni Renee $265,000
Previous Owner Arigoni Renee $265,000
Previous Owner Baird Donald G $85,000
Previous Owner Baird Donald G $140,000
Previous Owner Mcchrystal William Richard $92,000
Closed Mcchrystal William Richard $19,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $382,000 +0.5% $421 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $380,000 -- $419 / 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 $4,987 $459,098 $240,367 $218,731
2024 $4,987 $450,097 $235,654 $214,443
2023 $4,847 $441,273 $231,034 $210,239
2022 $4,781 $432,621 $226,504 $206,117
2021 $4,711 $424,139 $222,063 $202,076
2020 $4,534 $419,791 $219,787 $200,004
2019 $4,757 $411,561 $215,478 $196,083
2018 $4,568 $403,492 $211,253 $192,239
2017 $4,232 $395,581 $207,111 $188,470
2016 $4,156 $387,825 $203,050 $184,775
2015 $4,097 $382,000 $200,000 $182,000
2014 $3,547 $329,000 $217,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81419475

MLSListings

APN: 001-394-010-000