Seller's Agent in 2023
Mike Meza
Sotheby’s International Realty
(831) 578-4601
3 in this area
53 Total Sales
402 Watson St Unit 8 Monterey, CA 93940
Old Town NeighborhoodEstimated Value: $628,000 - $730,000
2
Beds
2
Baths
908
Sq Ft
862
Sq Ft Lot
Highlights
- Ocean View
- Deck
- Balcony
- Monterey High School Rated A
- Stone Countertops
- Subterranean Parking
About This Home
As of March 2023Welcome to your new home! This wonderful 2 bed, 2 bath condo is perfect for anyone looking for a great place to live. With beautiful bay views and a prime location just a short walk from down town Monterey, you'll love living here. The condo has been remodeled with new appliances, flooring, and paint for a fresh home feel. This unit also has a patio large enough to enjoy yourself outside, or entertain guest for an evening. You'll be able to enjoy the amazing views from your balcony or take a walk on the nearby beach.This is an incredible opportunity to own your bay view condo in Old Town Monterey.
Last Agent to Sell the Property
Sotheby’s International Realty License #02007491 Listed on: 10/19/2022
Property Details
Home Type
- Condominium
Year Built
- Built in 1982
Lot Details
- East Facing Home
- Fenced
- Grass Covered Lot
Parking
- Subterranean Parking
Property Views
- Ocean
- Bay
Home Design
- Slab Foundation
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 908 Sq Ft Home
- 2-Story Property
- Bay Window
- Living Room with Fireplace
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Ice Maker
- Stone Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry in unit
- Washer and Dryer
Outdoor Features
- Balcony
- Deck
Utilities
- Forced Air Heating System
- Individual Gas Meter
Community Details
- Property has a Home Owners Association
- Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - liability, insurance - structure, maintenance - exterior, management fee, reserves, roof
- Sumaya HOA
Listing and Financial Details
- Assessor Parcel Number 001-394-008-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2022
Closed on
Mar 21, 2023
Sold by
Adrian Michelle
Bought by
Tan Jenny
Seller's Agent
Mike Meza
Sotheby’s International Realty
Buyer's Agent
Sharmaine Torrey
Monterey Coast Realty
List Price
$629,000
Sold Price
$640,000
Premium/Discount to List
$11,000
1.75%
Views
332
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
$44,939
Avg. Annual Appreciation
2.37%
Original Mortgage
$544,000
Outstanding Balance
$526,891
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$158,048
Purchase Details
Listed on
Jul 30, 2019
Closed on
Jan 7, 2020
Sold by
Hopkins Gerald Allan and Hopkins Nancy Beth
Bought by
Mckernan Noel
Seller's Agent
Gerry Hopkins
Lowell Hopkins Properties
Buyer's Agent
David Anderson
Anderson Christie, Inc.
List Price
$559,000
Sold Price
$510,000
Premium/Discount to List
-$49,000
-8.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$433,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2005
Sold by
Snyder Stephen M and Snyder Judith H
Bought by
Hopkins Gerald Allan and Hopkins Nancy Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2001
Sold by
Hopkins Gerry
Bought by
Hopkins Gerald Allan and Hopkins Nancy Beth
Purchase Details
Closed on
Aug 23, 2001
Sold by
Snyder Judy
Bought by
Snyder Stephen M and Snyder Judith H
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tan Jenny | $640,000 | Chicago Title | |
| Mckernan Noel | $510,000 | First American Title Company | |
| Hopkins Gerald Allan | $250,000 | Old Republic Title | |
| Hopkins Gerald Allan | -- | -- | |
| Snyder Stephen M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tan Jenny | $544,000 | |
| Previous Owner | Mckernan Noel | $433,500 | |
| Previous Owner | Hopkins Gerald Allan | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $640,000 | +1.7% | $705 / Sq Ft | |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- | |
| 02/18/2023 02/18/23 | For Sale | $629,000 | 0.0% | $693 / Sq Ft | |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- | |
| 01/16/2023 01/16/23 | Price Changed | $629,000 | -7.4% | $693 / Sq Ft | |
| 11/17/2022 11/17/22 | Price Changed | $679,000 | -5.6% | $748 / Sq Ft | |
| 10/19/2022 10/19/22 | For Sale | $719,500 | +41.1% | $792 / Sq Ft | |
| 01/16/2020 01/16/20 | Sold | $510,000 | -2.9% | $562 / Sq Ft | View Prior Sale |
| 12/14/2019 12/14/19 | Pending | -- | -- | -- | |
| 10/18/2019 10/18/19 | Price Changed | $525,000 | -2.6% | $578 / Sq Ft | |
| 08/26/2019 08/26/19 | Price Changed | $539,000 | -3.6% | $594 / Sq Ft | |
| 07/30/2019 07/30/19 | For Sale | $559,000 | -- | $616 / Sq Ft |
Source: MLSListings
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 | $7,156 | $665,856 | $364,140 | $301,716 |
| 2024 | $7,156 | $652,800 | $357,000 | $295,800 |
| 2023 | $5,884 | $640,000 | $350,000 | $290,000 |
| 2022 | $5,804 | $525,587 | $257,641 | $267,946 |
| 2021 | $5,720 | $515,283 | $252,590 | $262,693 |
| 2020 | $4,625 | $427,138 | $171,203 | $255,935 |
| 2019 | $4,851 | $418,764 | $167,847 | $250,917 |
| 2018 | $4,659 | $410,554 | $164,556 | $245,998 |
| 2017 | $4,317 | $402,505 | $161,330 | $241,175 |
| 2016 | $4,240 | $394,614 | $158,167 | $236,447 |
| 2015 | $4,180 | $388,688 | $155,792 | $232,896 |
| 2014 | $4,109 | $381,075 | $152,741 | $228,334 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Meza
-
Sharmaine Torrey
Buyer's Agent in 2023
Sharmaine Torrey
Monterey Coast Realty
(831) 596-2570
1 in this area
17 Total Sales
-
G
Seller's Agent in 2020
Gerry Hopkins
Lowell Hopkins Properties
-
David Anderson
Buyer's Agent in 2020
David Anderson
Anderson Christie, Inc.
(831) 345-1600
114 Total Sales
Map
Source: MLSListings
MLS Number: ML81910890
APN: 001-394-008-000
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