NOT LISTED FOR SALE

Estimated Value: $974,000 - $1,103,000

3 Beds
1.5 Baths
1,008 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $550,000 $546 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,974/month

7 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Bathtub
  • Monterey High School Rated A
  • Balcony
  • 3-minute walk to Oak Newton Park

About This Home

As of September 2016

So much potential in this 3 bedroom 1.5 bath New Monterey home. Original hardwood floors throughout, inside laundry, wood burning fireplace and a view of our beautiful Monterey Bay. Probate sale - sold as is.

Last Agent to Sell the Property

Becky Jones

Shankle Real Estate License #01250885 Listed on: 07/10/2016

Shankle Real Estate

Last Buyer's Agent

Shawn Quinn

Sotheby’s International Realty License #00877245

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 5,837 Sq Ft Lot
  • Back and Front Yard Fenced
  • Grass Covered Lot

Home Design

  • Bungalow
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Parking

  • 1 Carport Space
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Balcony
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 001-113-016-000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Listing Class: Residential
  • Structure Sq Ft: 1008
  • Incorporated: Yes
  • Year Built: 1959
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Living Sq Ft: 1008
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • View: Bay
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Fencing: Fenced, Fenced Back, Fenced Front

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, Off-Street Parking, On Street
  • Carport Min: 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 545

Lot Info

  • Parcel Number: 001-113-016-000
  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5850.11
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5850.11

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2016
Closed on
Aug 28, 2016
Sold by
Engel Rudolf and Estate Of Ruth Engel
Bought by
Horsley Andrew
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
Shawn Quinn
Sotheby’s International Realty
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Current Estimated Value
$1,033,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,004
Avg. Annual Appreciation
7.00%
Original Mortgage
$412,500
Outstanding Balance
$330,018
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$702,986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Horsley Andrew $550,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horsley Andrew $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2016 09/08/16 Sold $550,000 +10.2% $546 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $499,000 -- $495 / 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 $6,921 $638,317 $464,232 $174,085
2024 $6,921 $625,802 $455,130 $170,672
2023 $6,722 $613,532 $446,206 $167,326
2022 $6,629 $601,503 $437,457 $164,046
2021 $6,533 $589,710 $428,880 $160,830
2020 $6,287 $583,664 $424,483 $159,181
2019 $6,597 $572,220 $416,160 $156,060
2018 $6,334 $561,000 $408,000 $153,000
2017 $5,866 $550,000 $400,000 $150,000
2016 $822 $69,819 $20,622 $49,197
2015 $811 $68,772 $20,313 $48,459
2014 $799 $67,426 $19,916 $47,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81594446

MLSListings

APN: 001-113-016-000