NOT LISTED FOR SALE

Estimated Value: $438,000 - $526,000

1 Bed
1 Bath
560 Sq Ft
$499/mo HOA Fee

Last Sold September 02, 2021

Last sale price $380,000 $679 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,405/month

14 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Eat-In Kitchen
  • Monterey High School Rated A
  • Contemporary Architecture
  • Guest Parking

About This Home

As of September 2021

1 bedroom 1 bathroom top floor unit with fireplace in living room with slider to deck overlooking city lights and forested views. An abundance of storage inside this unit close the Del Monte shopping Center and freeway access to Carmel and Pebble Beach Resorts, shops and beaches a short distance away. Community swimming pool with community room, barbecue area and garden pathways with distant ocean views. Designated and guest parking with community laundry. With a little TLC this is a great opportunity to buy in Monterey for under $400,000.

Last Agent to Sell the Property

Ric Morrison

Coldwell Banker Realty License #00954251 Listed on: 06/28/2021

Coldwell Banker Realty

Last Buyer's Agent

Niloofar Maghsood

KW Coastal Estates License #01963702

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,401

Year Built

  • 1980

Lot Details

  • North Facing Home
  • Lot Sloped Up

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • City Lights
  • Forest

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Mediterranean Architecture
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 560 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Low Flow Shower

Outdoor Features

  • Private Pool
  • Barbecue Area

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Master Meter

Community Details

Overview

  • Association fees include cable / dish, common area electricity, common area gas, garbage, insurance - common area, insurance - structure, maintenance - common area, maintenance - exterior, maintenance - road, reserves, roof, sewer
  • 90 Units
  • Golden Oaks Condominiums Association

Amenities

  • Coin Laundry
  • Common Utility Room
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,401

Year Built

1980

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Zoning: R-G
  • Subclass: Condominium
  • Style: Contemporary, Mediterranean, Modern / High Tech
  • Building Number: 4
  • Age: 41
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Max Numberof Unitsin Building: 15
  • Min Numberof Unitsin Complex: 90
  • Structure Sq Ft: 560
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Eat In Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Hood Over Range, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 560
  • Stories: 3
  • Laundry: Coin Operated, Community Facility
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: City Lights, Forest / Woods
  • Yard/Grounds: Bbq Area
  • Property Faces: North
  • Pool: Community Facility, Pool - Fenced, Pool - In Ground
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 15
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Guest / Visitor Parking, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Golden Oaks
  • HOA Fees: 499
  • HOA Amenities: Additional Storage, Bbq Area, Common Utility Room, Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Reserves, Roof, Sewer
  • HOA Exist: Yes
  • H O A Name Text: Golden Oaks Condominiums

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Marina Vista Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 543
  • Middle School: 37460

Lot Info

  • Lot Description: Grade - Sloped Up
  • Soil: Unknown

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Master Meter, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Other Unit Below

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 23, 2021
Sold by
Roeder Doris and Roeder Howard
Bought by
Maghsood Niloofar
Seller's Agent
Ric Morrison
Coldwell Banker Realty
Buyer's Agent
Niloofar Maghsood
KW Coastal Estates
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Current Estimated Value
$466,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,002
Avg. Annual Appreciation
4.25%
Original Mortgage
$285,000
Outstanding Balance
$259,514
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$188,969

Purchase Details

Closed on
Apr 8, 2021
Sold by
Roeder Howard and Roeder Doris
Bought by
Roeder Doris and Roeder Howard

Purchase Details

Closed on
May 29, 2018
Sold by
Nolan Patricia Jane
Bought by
Roeder Howard and Roeder Doris

Purchase Details

Closed on
Jul 31, 2003
Sold by
Magistro Linda L
Bought by
Nolan Patricia Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2000
Sold by
Armstrong Emily J
Bought by
Magistro Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
10.75%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Albinson Roy R and Albinson Eylene
Bought by
Armstrong Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.03%
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
Maghsood Niloofar $380,000 Chicago Title Company
Roeder Doris -- None Available
Roeder Howard $317,000 Chicago Title Co
Nolan Patricia Jane $290,000 First American Title
Magistro Linda L $165,000 First American Title Co
Armstrong Emily J $120,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maghsood Niloofar $285,000
Previous Owner Nolan Patricia Jane $59,000
Previous Owner Nolan Patricia Jane $232,000
Previous Owner Magistro Linda L $206,000
Previous Owner Magistro Linda L $123,750
Previous Owner Armstrong Emily J $114,000
Closed Magistro Linda L $24,750
Closed Nolan Patricia Jane $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $380,000 -3.8% $679 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $395,000 -- $705 / 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 $4,401 $403,258 $238,771 $164,487
2024 $4,401 $395,352 $234,090 $161,262
2023 $4,234 $387,600 $229,500 $158,100
2022 $4,175 $380,000 $225,000 $155,000
2021 $3,685 $380,000 $225,000 $155,000
2020 $3,545 $329,806 $182,070 $147,736
2019 $3,720 $323,340 $178,500 $144,840
2018 $3,839 $341,000 $206,000 $135,000
2017 $2,984 $280,000 $169,000 $111,000
2016 $3,041 $285,000 $172,000 $113,000
2015 $2,832 $265,000 $160,000 $105,000
2014 $2,046 $190,000 $115,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81851148

MLSListings

APN: 001-945-012-000