NOT LISTED FOR SALE

42 Work Ave Monterey, CA 93940

Estimated Value: $1,014,000 - $1,260,000

3 Beds
2 Baths
1,419 Sq Ft
$773/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $867,000 $611 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,765/month

10 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Eat-In Kitchen
  • Monterey High School Rated A
  • 1 Car Detached Garage
  • 1-minute walk to Del Rey Oaks Dog Park

About This Home

As of December 2021

The photos of this home speak for themselves. Updated throughout, this darling home is sure to satisfy the choosiest of buyers. The long list of features includes new roof with custom copper gutters, dual paned windows, hardwood floors and updated bathrooms. The yard is a blank canvas, ready for your creative ideas. The primary bedroom features a large walk in closet and sliding glass doors which open to a small private deck. Separate private home office is perfect for working from home. A longtime family home ready for it's new owners.

Last Agent to Sell the Property

Jason Montgomery

Compass License #01519124 Listed on: 11/12/2021

Compass

Last Buyer's Agent

Jeanne Osio

Coldwell Banker Realty License #01147233

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,628

Year Built

  • 1950

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,419 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,628

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Zoning: RES
  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1419
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat In Kitchen
  • Kitchen: Countertop - Quartz, Dishwasher, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1419
  • Stories: 2
  • Flooring: Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 22, 2021
Sold by
Larkin Jacob Brian and Larkin Jenna
Bought by
Heinrich Christopher and Heinrich Lea
Seller's Agent
Jason Montgomery
Compass
Buyer's Agent
Jeanne Osio
Coldwell Banker Realty
List Price
$869,000
Sold Price
$867,000
Premium/Discount to List
-$2,000
-0.23%
Current Estimated Value
$1,096,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,504
Avg. Annual Appreciation
6.61%
Original Mortgage
$693,600
Outstanding Balance
$639,472
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$457,032

Purchase Details

Closed on
Sep 28, 2020
Sold by
Larkin Jacob Brian and Larkin Jacob
Bought by
Larkin Jacob Brian and Larkin Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Bank Of America National Association
Bought by
Larkin Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2009
Sold by
Mcadams Jennifer S
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 21, 2006
Sold by
Mcadams Jennifer S
Bought by
Mcadams Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Downing Michael H
Bought by
Mcadams Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Aylaian Peter W
Bought by
Mcadams Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1999
Sold by
Aylaian Brian C and Aylaian Eric G
Bought by
Aylaian Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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
Heinrich Christopher $867,000 Old Republic Title Company
Larkin Jacob Brian -- Old Republic Title Company
Larkin Jacob $325,000 Servicelink
Bank Of America National Association $352,750 None Available
Mcadams Jennifer S -- First American Title Co
Mcadams Jennifer S -- First American Title
Mcadams Jennifer S $575,000 First American Title
Aylaian Peter W -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinrich Christopher $693,600
Previous Owner Larkin Jacob Brian $35,000
Previous Owner Larkin Jacob Brian $480,000
Previous Owner Larkin Jacob $33,000
Previous Owner Larkin Jacob $259,920
Previous Owner Mcadams Jennifer S $600,000
Previous Owner Mcadams Jennifer S $20,000
Previous Owner Mcadams Jennifer S $460,000
Previous Owner Aylaian Peter W $160,000
Previous Owner Aylaian Peter W $165,000
Closed Mcadams Jennifer S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $867,000 -0.2% $611 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $869,000 -- $612 / 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 $9,628 $920,066 $424,483 $495,583
2024 $9,628 $902,026 $416,160 $485,866
2023 $9,584 $884,340 $408,000 $476,340
2022 $9,526 $867,000 $400,000 $467,000
2021 $4,325 $867,000 $400,000 $467,000
2020 $4,762 $382,557 $235,494 $147,063
2019 $4,904 $375,057 $230,877 $144,180
2018 $4,572 $367,703 $226,350 $141,353
2017 $4,376 $360,494 $221,912 $138,582
2016 $4,292 $353,426 $217,561 $135,865
2015 $4,193 $348,119 $214,294 $133,825
2014 $3,843 $341,301 $210,097 $131,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81867387

MLSListings

APN: 012-493-011-000