NOT LISTED FOR SALE

48 Montsalas Dr Monterey, CA 93940

Fisherman's Flats/Josselyn Canyon Neighborhood

Estimated Value: $710,843 - $755,000

2 Beds
2 Baths
1,080 Sq Ft
$525/mo HOA Fee

Last Sold May 18, 2018

Last sale price $545,000 $505 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,063/month

4 Days on Market

Highlights

  • Private Pool
  • Deck
  • Granite Countertops
  • Monterey High School Rated A
  • High Ceiling
  • Neighborhood Views

About This Home

As of May 2018

Remodeled single story (no stairs) end unit in the popular Montsalas Community. Tile flooring, gourmet kitchen with granite counter tops, stainless steel appliances and breakfast bar, separate dining area with doors leading out to private back deck/patio with peek of the bay. Double your pleasure with two beautifully updated baths and two bedrooms with access to private patio. Your designated parking is conveniently located just outside this quiet, private residence. Currently a furnished rental through the end of the year.

Last Agent to Sell the Property

Becky Jones

Sotheby’s International Realty License #01250885 Listed on: 03/15/2018

Sotheby’s International Realty

Last Buyer's Agent

Bill Faber

Alain Pinel Realtors License #01251959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,677

Year Built

  • Built in 1977

Lot Details

  • Back and Front Yard Fenced
  • Wood Fence
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 101-261-010-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, management fee, pool spa or tennis, reserves, water
  • Montsalas Home Owners Association
  • Built by Montsalas
  • The community has rules related to parking rules

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,677

Year Built

Built in 1977

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 1080
  • Complex Name: Montsalas
  • Incorporated: Yes
  • Year Built: 1977
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining "L", Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1080
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (110V), Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Granite, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - Fenced, Spa / Hot Tub
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Drought Tolerant Plants, Fenced, Low Maintenance
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 525
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Reserves, Water
  • H O A Name Text: Montsalas Home Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Monterey Peninsula Unified
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Middle School: 37460

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 101-261-010-000
  • Lot Acres: 0.0322
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1404.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1404.00

Green Features

  • Energy Features: Double Pane Windows, Insulation - Unknown, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Lark Carol R
Bought by
Lark Lisa Aucker
Current Estimated Value
$732,211

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 12, 2018
Sold by
Cardinale George P
Bought by
Lark Carol R
Seller's Agent
Becky Jones
Sotheby’s International Realty
Buyer's Agent
Bill Faber
Alain Pinel Realtors
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
May 1, 2014
Sold by
Cardinale Cardinale Jr George P Jr George P
Bought by
Cardinale Cardinale Jr George P Jr George P

Purchase Details

Closed on
Jun 1, 2012
Sold by
Cardinale George P
Bought by
Cardinale Cardinale Jr George P Jr George P

Purchase Details

Closed on
Apr 19, 2010
Sold by
Reed Carol A
Bought by
Cardinale George P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2002
Sold by
Jendro Lawrence M and Stover Mary Liana
Bought by
Reed Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving
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
Lark Lisa Aucker -- None Available
Lark Carol R $545,000 Old Republic Title Co
Cardinale Cardinale Jr George P Jr George P -- None Available
Cardinale Cardinale Jr George P Jr George P -- Old Republic Title Company
Cardinale George P $350,000 Old Republic Title Company
Reed Carol A $395,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardinaler George P $196,000
Previous Owner Cardinale George P $190,000
Previous Owner Reed Carol A $255,000
Previous Owner Reed Carol A $46,000
Previous Owner Reed Carol A $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $545,000 0.0% $505 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $545,000 -- $505 / 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 $6,677 $620,110 $284,454 $335,656
2024 $6,677 $607,952 $278,877 $329,075
2023 $6,486 $596,032 $273,409 $322,623
2022 $6,396 $584,347 $268,049 $316,298
2021 $6,303 $572,891 $262,794 $310,097
2020 $6,063 $567,018 $260,100 $306,918
2019 $6,365 $555,900 $255,000 $300,900
2018 $4,463 $397,053 $226,888 $170,165
2017 $4,132 $389,269 $222,440 $166,829
2016 $4,058 $381,637 $218,079 $163,558
2015 $3,999 $375,906 $214,804 $161,102
2014 $3,930 $368,544 $210,597 $157,947
Source: Public Records

Agents Affiliated with this Home

  • Becky Jones

    Seller's Agent in 2018

    Becky Jones

    Sotheby’s International Realty

    (831) 601-0237

    Becky Jones
    Section Image

  • B

    Buyer's Agent in 2018

    Bill Faber

    Alain Pinel Realtors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81696467

MLSListings

APN: 101-261-010-000

California Monterey County Monterey 93940 Fisherman's Flats/Josselyn Canyon

48 Montsalas Dr, Monterey, CA

This home is located at 48 Montsalas Dr, Monterey, CA 93940 since 15 March 2018 and is currently estimated at $732,211, approximately $677 per square foot. This property was built in 1977. 48 Montsalas Dr is a home located in Monterey County with nearby schools including Foothill Elementary School, Monte Vista Elementary School, and Monterey High School.

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