NOT LISTED FOR SALE

402 Watson St Unit 3 Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $751,000 - $910,000

2 Beds
2 Baths
864 Sq Ft
$420/mo HOA Fee

Last Sold May 23, 2023

Last sale price $720,000 $833 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,349/month

47 Days on Market

Highlights

  • Ocean View
  • Granite Countertops
  • Bathtub with Shower
  • Monterey High School Rated A
  • Breakfast Area or Nook
  • Tile Flooring

About This Home

As of May 2023

Welcome to this stunning ocean view condo! Located in the perfect spot, you are just a short walk away from downtown Monterey, the wharf and some of the best beaches on the California coast. This two bedroom, 1.5 bathroom property has been updated with modern amenities and features two balconies overlooking stunning views of the ocean. You will be front row in this complex with no neighbors behind you for extra peace and privacy! The home also includes an attached garage with two parking spots plus a storage unit underneathperfect for all your beach toys or extra storage needs. Dont miss out on this great opportunity to own your piece of paradise!

Last Agent to Sell the Property

The C Group

Real Brokerage Technologies License #70010221 Listed on: 03/07/2023

Last Buyer's Agent

Christopher Enea

KW Coastal Estates License #01416675

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,030

Year Built

  • Built in 1982

Lot Details

  • 1,002

HOA Fees

  • $420 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • Forest

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 2 Carport Spaces
  • Assigned Parking

Utilities

  • Separate Meters

Community Details

  • Association fees include common area electricity, fencing, garbage, insurance - common area, insurance - liability, insurance - structure, maintenance - common area, maintenance - exterior, management fee, reserves, roof
  • Sumaya Homeowners Association

Listing and Financial Details

  • Assessor Parcel Number 001-394-003-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,030

Year Built

Built in 1982

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Subclass: Condominium
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 864
  • Year Built: 1982
  • Zoning Description: RGA6
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook
  • Kitchen: Cooktop - Electric, Countertop - Granite, Garbage Disposal, Microwave, Oven Range - Electric
  • Living Sq Ft: 864
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Bay, Forest / Woods, Ocean

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Covered Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 420
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Fencing, Garbage, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof
  • H O A Name Text: Sumaya Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-394-003-000
  • Lot Acres: 0.0230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1000.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
May 19, 2023
Sold by
Schoenthal Scott and Schoenthal Colleen
Bought by
Daniels Michael Dennis
Seller's Agent
The C Group
Real Brokerage Technologies
Buyer's Agent
Christopher Enea
KW Coastal Estates
List Price
$735,000
Sold Price
$720,000
Premium/Discount to List
-$15,000
-2.04%
Views
235
Current Estimated Value
$771,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,357
Avg. Annual Appreciation
2.52%
Original Mortgage
$420,000
Outstanding Balance
$409,447
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$351,291

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jun 28, 2019
Sold by
Wells Jean and The Jean Ann Wells Revocable T
Bought by
Schoenthal Scott and Schoenthal Colleen M
Seller's Agent
Patrick Ryan
Sotheby’s International Realty
Buyer's Agent
Kathy Pomeroy
KW Coastal Estates
List Price
$610,000
Sold Price
$595,000
Premium/Discount to List
-$15,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Apr 27, 2010
Sold by
Wells Jean
Bought by
Wells Jean and The Jean Ann Wells Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,200
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2002
Sold by
Whetstone R Michael and Whetstone Kit D
Bought by
Wells Jean and Newman Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.52%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Rippley Todd
Bought by
Whetstone R Michael and Whetstone Kit D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
7.56%

Purchase Details

Closed on
Jan 3, 1997
Sold by
Sumner Gary W and Sumner Deann
Bought by
Rippley Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.53%
Source: Public Records

Range of Values:

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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
Daniels Michael Dennis $720,000 Old Republic Title Company
Schoenthal Scott $595,000 Chicago Title Salinas
Wells Jean -- Chicago Title Insurance Co
Wells Jean -- Chicago Title Insurance Co
Wells Jean $360,000 Stewart Title
Whetstone R Michael $225,500 Fidelity National Title Co
Rippley Todd $184,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Michael Dennis $420,000
Previous Owner Wells Jean $128,000
Previous Owner Wells Jean $234,200
Previous Owner Wells Jean $240,000
Previous Owner Wells Jean $40,000
Previous Owner Whetstone R Michael $245,000
Previous Owner Whetstone R Michael $180,400
Previous Owner Rippley Todd $147,200
Closed Whetstone R Michael $33,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $720,000 +0.7% $833 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $715,000 -2.7% $828 / Sq Ft
03/07/2023 03/07/23 For Sale $735,000 +23.5% $851 / Sq Ft
07/02/2019 07/02/19 Sold $595,000 -0.7% $689 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $599,000 -1.8% $693 / Sq Ft
04/10/2019 04/10/19 Price Changed $610,000 0.0% $706 / Sq Ft
03/08/2019 03/08/19 For Sale $610,000 -- $706 / 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 $8,030 $749,088 $364,140 $384,948
2024 $8,030 $734,400 $357,000 $377,400
2023 $6,804 $720,000 $350,000 $370,000
2022 $6,710 $613,186 $412,226 $200,960
2021 $6,612 $601,164 $404,144 $197,020
2020 $6,360 $595,000 $400,000 $195,000
2019 $5,358 $467,393 $279,140 $188,253
2018 $5,144 $458,229 $273,667 $184,562
2017 $4,762 $449,245 $268,301 $180,944
2016 $4,677 $440,438 $263,041 $177,397
2015 $4,609 $433,823 $259,090 $174,733
2014 $4,530 $425,326 $254,015 $171,311
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The C Group

    Real Brokerage Technologies

    (831) 601-8936

    3 in this area

    107 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Christopher Enea

    KW Coastal Estates

    (831) 622-6200

    1 in this area

    12 Total Sales

    Section Image
  • Patrick Ryan

    Seller's Agent in 2019

    Patrick Ryan

    Sotheby’s International Realty

    (831) 238-8116

    42 Total Sales

    Section Image
  • Katie Ryan

    Seller Co-Listing Agent in 2019

    Katie Ryan

    Sotheby’s International Realty

    (831) 521-8508

    28 Total Sales

    Section Image

  • K

    Buyer's Agent in 2019

    Kathy Pomeroy

    KW Coastal Estates

    (831) 601-8249

    6 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81920827

MLSListings

APN: 001-394-003-000

California Monterey County Monterey 93940 Old Town

402 Watson St Unit 3, Monterey, CA

This home is located at 402 Watson St Unit 3, Monterey, CA 93940 since 07 March 2023 and is currently estimated at $805,514, approximately $932 per square foot. This property was built in 1982. 402 Watson St Unit 3 is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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