$588,000
SOLD JUN 29, 2018

402 Watson St Unit 5 Monterey, CA 93940

Old Town Neighborhood
2 Beds
2 Baths
854 Sq Ft
$385/mo HOA Fee

Recently Sold

$689 Per Sq Ft

7% Below List Price

123 Days on Market

Highlights

  • Ocean View
  • End Unit
  • Subterranean Parking
  • Monterey High School Rated A
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2025

Freestanding corner unit (no common walls) with spectacular views of Monterey Bay and downtown. 2 bedrooms, 2 baths, fireplace and reserved underground parking. Short stroll to shopping and dining.

Last Agent to Sell the Property

Bill Phillips

Phillips Real Estate License #00625289 Listed on: 01/15/2018

Last Buyer's Agent

Kevin Vandermate

Compass License #01401819

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,190

Year Built

  • Built in 1980

Lot Details

  • No Common Walls
  • End Unit

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 854 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Separate Meters

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 001-394-005-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,190

Year Built

Built in 1980

Lot Details

0

HOA Fees

$385 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 38
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 10
  • Structure Sq Ft: 854
  • Complex Name: Sumaya HOmeowners Association
  • Year Built: 1980
  • Zoning Description: 2G
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Living Sq Ft: 854
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Bay, Ocean

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Underground Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 385
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, 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: 001-394-005-000
  • Lot Acres: 0.0196
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 854.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 854.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Unit Features: Corner Unit, 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 6, 2025
Closed on
Jul 15, 2025
Sold by
Capek Carla Anne and Vandermate Cloria Sue
Bought by
Chan Hu Family Trust and Chan
Seller's Agent
Kevin Vandermate
Compass
Buyer's Agent
Conniejo Stubblefield
List Price
$839,000
Sold Price
$835,426
Premium/Discount to List
-$3,574
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$626,569
Outstanding Balance
$626,569
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$215,432

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 22, 2018
Sold by
Nowicki Edmund M and Nowicki Genie N
Bought by
Vandermate Cloria Sue and Capek Carla Anne
Seller's Agent
Bill Phillips
Phillips Real Estate
Buyer's Agent
Kevin Vandermate
Compass
List Price
$629,000
Sold Price
$588,000
Premium/Discount to List
-$41,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Mar 6, 2009
Sold by
Nowicki Edmund M and Nowicki Genie N
Bought by
Nowicki Edmund M and Nowicki Genie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Nowicki Edmund M and Nowicki Genie N
Bought by
Nowicki Edmund M and Nowicki Genie N

Purchase Details

Closed on
May 5, 2004
Sold by
Pratt Nancy D
Bought by
Nowicki Edmund M and Nowicki Genie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $835,500 Old Republic Title Company
Grant Deed $588,000 First American Title Co
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $549,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $626,569 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $349,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $835,426 -0.4% $978 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $839,000 +42.7% $982 / Sq Ft
06/29/2018 06/29/18 Sold $588,000 -1.2% $689 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $595,000 -5.4% $697 / Sq Ft
01/15/2018 01/15/18 For Sale $629,000 -- $737 / 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 $7,190 $669,039 $341,347 $327,692
2024 $7,190 $655,921 $334,654 $321,267
2023 $6,994 $643,061 $328,093 $314,968
2022 $6,897 $630,453 $321,660 $308,793
2021 $6,797 $618,092 $315,353 $302,739
2020 $6,538 $611,755 $312,120 $299,635
2019 $6,864 $599,760 $306,000 $293,760
2018 $4,941 $440,000 $281,000 $159,000
2017 $4,665 $440,000 $281,000 $159,000
2016 $4,588 $432,000 $275,000 $157,000
2015 -- $424,000 $270,000 $154,000
2014 -- $324,000 $207,000 $117,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin Vandermate

    Seller's Agent in 2025

    Kevin Vandermate

    Compass

    (925) 872-4500

    1 in this area

    8 Total Sales

    Kevin Vandermate
    Section Image

  • C

    Buyer's Agent in 2025

    Conniejo Stubblefield

  • Bill Phillips

    Seller's Agent in 2018

    Bill Phillips

    Phillips Real Estate

    (831) 372-8092

    27 Total Sales

    Bill Phillips
    Section Image
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Map

Source: MLSListings

MLS Number: ML81689007

MLSListings

APN: 001-394-005-000

California Monterey County Monterey 93940 Old Town

402 Watson St Unit 5, Monterey, CA

This home is located at 402 Watson St Unit 5, Monterey, CA 93940 and is currently priced at $588,000, approximately $688 per square foot. This property was built in 1980. 402 Watson St Unit 5 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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