NOT LISTED FOR SALE

Estimated Value: $663,000 - $730,000

3 Beds
2 Baths
1,363 Sq Ft
4.06 Acres

Last Sold April 13, 2015

Last sale price $419,500 $308 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,402/month

160 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • 176,679 Sq Ft lot
  • Abraham Lincoln High School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of April 2015

Wow, newly remodeled unit!! This is a must see that you don't want to miss!! Remodeled kitchen cabinets, granite counter tops, and new sink. New lights and new closet doors. Located at the top of the Monterey Hills, this condo is situated in a quiet and peaceful neighborhood. Title shows as 2 bedrooms and 2 bathrooms, but in actuality, this property has 3 bedrooms and 2 bathrooms. This is a corner unit with a spacious balcony.

Last Agent to Sell the Property

Yongho Rho

Max Mega Group License #01035466 Listed on: 09/16/2014

Last Buyer's Agent

Kay Park

Dream Realty & Investments Inc License #01268123

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,158

Year Built

  • Built in 1981

Lot Details

  • 4.06

Interior Spaces

  • 1,363 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Laminate Flooring
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5302-012-093

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,158

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: DRANK TERRACE HOA
  • Entry Floor: 3
  • Living Area: 1363
  • Planned Urban Dev: 1
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Elevator, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 315.11

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Fenced
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Garage - 2 Car, Gated

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Community, Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

  • Amenities: Guest Parking, Pool, Tennis Courts
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 440.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5302-012-093
  • Geocode Override: No
  • Lot Description: Gated Community
  • Lot Size Area: 176679

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Feb 23, 2015
Sold by
Kim Jin Soo
Bought by
Chin Nana
Seller's Agent
Yongho Rho
Max Mega Group
Buyer's Agent
Kay Park
Dream Realty & Investments Inc
List Price
$419,500
Sold Price
$419,500
Current Estimated Value
$713,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,184
Avg. Annual Appreciation
5.10%
Original Mortgage
$376,550
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Lee Eun Young
Bought by
Kim Jin Soo

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
6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 2, 2002
Sold by
Nelson Judith A
Bought by
Kim Jin Soo

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
6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 19, 1999
Sold by
Lau Judith A and Nelson James A
Bought by
Nelson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
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
Chin Nana $419,500 Lawyers Title
Kim Jin Soo -- North American Title Co
Nelson Judith A -- North American
Kim Jin Soo $220,000 North American Title Co
Nelson Judith A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Nana $412,700
Closed Chin Nana $409,500
Closed Chin Nana $44,400
Closed Chin Nana $34,800
Previous Owner Chin Nana $376,550
Previous Owner Kim Jin Soo $140,000
Previous Owner Nelson Judith A $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $419,500 -2.3% $308 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/16/2015 02/16/15 Price Changed $429,500 +2.4% $315 / Sq Ft
02/16/2015 02/16/15 For Sale $419,500 0.0% $308 / Sq Ft
02/16/2015 02/16/15 Price Changed $419,500 0.0% $308 / Sq Ft
01/31/2015 01/31/15 Off Market $419,500 -- --
11/24/2014 11/24/14 Price Changed $399,000 -4.8% $293 / Sq Ft
09/16/2014 09/16/14 For Sale $419,000 -- $307 / Sq Ft
Source: The MLS

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 $6,158 $504,166 $221,497 $282,669
2024 $6,158 $494,281 $217,154 $277,127
2023 $6,041 $484,591 $212,897 $271,694
2022 $5,760 $475,090 $208,723 $266,367
2021 $5,686 $465,776 $204,631 $261,145
2019 $5,517 $451,962 $198,562 $253,400
2018 $5,492 $443,101 $194,669 $248,432
2016 $5,244 $425,896 $187,110 $238,786
2015 $3,328 $265,107 $87,000 $178,107
2014 $3,346 $259,915 $85,296 $174,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-794579

The MLS

APN: 5302-012-093