NOT LISTED FOR SALE

461 Drake Ave Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $1,114,000 - $1,449,000

3 Beds
2 Baths
1,186 Sq Ft
$1,080/Sq Ft Est. Value

About This Home

This home is located at 461 Drake Ave, Monterey, CA 93940 and is currently estimated at $1,280,664, approximately $1,079 per square foot. 461 Drake Ave is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Palmer Sandee Larkin
Bought by
Sandee Larkin Living Trust and Larkin
Current Estimated Value
$1,280,664

Purchase Details

Closed on
Mar 29, 2022
Sold by
Larkin Palmer Sandee
Bought by
Palmer Sandee Larkin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2000
Sold by
Powers Dennis A
Bought by
Larkin Sandee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
8.11%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 10, 1996
Sold by
Hegg Edward A
Bought by
Powers Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
7.76%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sandee Larkin Living Trust -- None Listed On Document
Palmer Sandee Larkin -- Ticor Title
Larkin Sandee $449,000 Stewart Title
Powers Dennis A $322,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Sandee Larkin $475,000
Previous Owner Larkin Sandee $449,000
Previous Owner Powers Dennis A $96,750
Closed Powers Dennis A $161,250
Source: Public Records

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 $7,341 $676,556 $369,168 $307,388
2024 $7,341 $663,291 $361,930 $301,361
2023 $7,074 $650,286 $354,834 $295,452
2022 $6,975 $637,536 $347,877 $289,659
2021 $6,873 $625,036 $341,056 $283,980
2020 $6,614 $618,628 $337,559 $281,069
2019 $6,937 $606,499 $330,941 $275,558
2018 $6,660 $594,607 $324,452 $270,155
2017 $6,169 $582,949 $318,091 $264,858
2016 $6,058 $571,519 $311,854 $259,665
2015 $5,971 $562,935 $307,170 $255,765
2014 $5,868 $551,908 $301,153 $250,755
Source: Public Records

Map

California Monterey County Monterey 93940 New Monterey

461 Drake Ave, Monterey, CA

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