NOT LISTED FOR SALE

Estimated Value: $1,188,000 - $1,313,000

3 Beds
2 Baths
2,000 Sq Ft
$627/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $755,000 $378 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,822/month

59 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Granite Countertops
  • Monterey High School Rated A
  • Bonus Room
  • 2-minute walk to Peter J Ferrante Park

About This Home

As of August 2016

Open House This Sunday 8/7 from 2-4 .Plenty of natural light and elegance surround this beutiful 2,000 sqft. home in Monterey. Close to shopping,schools, easy freeway access and even a short walk or bike ride away from the beach ! Fabulous kitchen features.Granite slab counters ,custom cabinets ,large island for entertaining . All 3 bedrooms located conveniently on the first level. Upstairs is a huge 500 sq ft.bonus area that can be used as great room or 4th bedroom. Lower your energy and water bills with new energy efficient, tankless water heater refrigerator,dishwasher,washer and dryer all to convey with the sale.Rustic laminate flooring ,recessed lighting, high ceilings,seamless tile shower in master , walk-in closet/master,extra wide 2 car garage ,large front and back yards with low mantinance landscaping and so much more.This home is waiting for you.

Last Agent to Sell the Property

Michele Whitehead - Samples

Cottage & Castles Real Estate License #01886754 Listed on: 06/24/2016

Cottage & Castles Real Estate

Last Buyer's Agent

Michele Whitehead - Samples

Cottage & Castles Real Estate License #01886754 Listed on: 06/24/2016

Cottage & Castles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,417

Year Built

  • Built in 2016

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Irrigation
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family or Dining Combination
  • Den
  • Bonus Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Low Flow Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 013-111-014-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,417

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 2000
  • Construction: Completed-Never Occupied
  • Incorporated: Yes
  • Year Built: 2016
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Island, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2000
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Laminate, Tile
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Low Maintenance
  • Fencing: Fenced Back
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 013-111-014-000
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.40

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Low Flow Shower, Low Flow Toilet, Tankless Water Heater

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 29, 2016
Sold by
431 Alcalde Llc
Bought by
Panchal Ashish
Seller's Agent
Michele Whitehead - Samples
Cottage & Castles Real Estate
Buyer's Agent
Michele Whitehead - Samples
Cottage & Castles Real Estate
List Price
$829,000
Sold Price
$755,000
Premium/Discount to List
-$74,000
-8.93%
Current Estimated Value
$1,291,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,601
Avg. Annual Appreciation
5.82%
Original Mortgage
$745,000
Outstanding Balance
$598,106
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$656,051

Purchase Details

Listed on
May 17, 2012
Closed on
Nov 1, 2012
Sold by
Monterey County Public
Bought by
Stamm David Russell
Seller's Agent
Mario Torrente
Shankle Real Estate
Buyer's Agent
Mario Torrente
Shankle Real Estate
Sold Price
$130,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.52%
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
Panchal Ashish $755,000 First American Title Company
Stamm David Russell $130,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panchal Ashish $745,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $755,000 -5.4% $378 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/07/2016 08/07/16 Price Changed $798,000 -3.7% $399 / Sq Ft
06/24/2016 06/24/16 For Sale $829,000 +535.2% $415 / Sq Ft
11/07/2012 11/07/12 Sold $130,500 -- $214 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
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 $9,417 $876,235 $406,201 $470,034
2024 $9,417 $859,055 $398,237 $460,818
2023 $9,154 $842,212 $390,429 $451,783
2022 $9,027 $825,699 $382,774 $442,925
2021 $8,895 $809,510 $375,269 $434,241
2020 $8,557 $801,211 $371,422 $429,789
2019 $8,984 $785,502 $364,140 $421,362
2018 $8,622 $770,100 $357,000 $413,100
2017 $7,981 $755,000 $350,000 $405,000
2016 $4,814 $453,660 $243,660 $210,000
2015 $1,431 $133,711 $133,711 $0
2014 $1,406 $131,092 $131,092 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81592346

MLSListings

APN: 013-111-014-000