NOT LISTED FOR SALE

Estimated Value: $2,297,766 - $2,641,000

2 Beds
2 Baths
1,614 Sq Ft
$1,530/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $1,025,000 $635 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $14,572/month

386 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Monterey High School Rated A
  • Deck
  • 3-minute walk to Monterey Scholze Park Center

About This Home

As of September 2013

The perfect weekender. A Cannery Row Pied a Terre. Turn-key home. It’s a retreat, it’s a lifestyle. Originally built in early 1900s, this Fisherman's Bungalow was beautifully restored to like-new in 2008. Located in the heart of Cannery Row, enjoy easy-living & great panoramas of Monterey Bay.All living on one level. Private drvwy & parking, easy walking access to beach/dining/fun!

Last Agent to Sell the Property

Dana A. Bambace

Carmel Realty Company License #01731448 Listed on: 07/16/2012

Carmel Realty Company

Last Buyer's Agent

Lucie Campos

Coldwell Banker Realty License #01345594

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,407

Year Built

  • Built in 1964

Lot Details

  • Lot Sloped Up
  • Sprinklers on Timer
  • Zoning described as comme

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Bay
  • City Lights
  • Mountain

Home Design

  • Wood Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,614 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Thermostat
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 001-022-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,407

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 49
  • Sale Price Per Sq Ft: 635.07
  • Listing Class: Residential
  • Structure Sq Ft: 1614
  • Builder Architect: Souza
  • Incorporated: Yes
  • Map Book Page: 81
  • Map Side Coordinate: 2
  • Map Top Coordinate: A
  • Thomas Bros Page: 81
  • Thomas Brothers: A2
  • Year Built: 1964
  • Zoning Description: comme
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven - Self Cleaning, Oven - Built-In, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1614
  • Security: Security Alarm - Owned, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Area, Hardwood
  • Additional Rooms: Utility Room, Basement - Full, Storage
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Wood Shakes / Shingles, Composition
  • View: Bay, Mountains, City Lights
  • Yard/Grounds: Sprinkler(s) - Front, Sprinklers - Auto, BBQ Area, Deck

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Bay View Elementary
  • High School: Monterey High
  • High School: 545
  • Elementary School: 530

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 001-022-041
  • List Price per Sq Ft: 711.90
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Walls Insulated, Low Flow Toilet, Double Pane Windows, Thermostat Controller

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Bay View Elementary
  • High School Text: Monterey High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Sep 5, 2013
Sold by
Corey Stephen
Bought by
Scherzer Cathy
Seller's Agent
Dana A. Bambace
Carmel Realty Company
Buyer's Agent
Lucie Campos
Coldwell Banker Realty
List Price
$1,149,000
Sold Price
$1,025,000
Premium/Discount to List
-$124,000
-10.79%
Current Estimated Value
$2,469,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,444,383
Avg. Annual Appreciation
7.60%
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 16, 2012
Closed on
Sep 3, 2013
Sold by
Scherzer Cathy and Hawley Charles B
Bought by
Druzin Maurice L and Hoffman Elizabeth A
Seller's Agent
Dana A. Bambace
Carmel Realty Company
Buyer's Agent
Lucie Campos
Coldwell Banker Realty
List Price
$1,149,000
Sold Price
$1,025,000
Premium/Discount to List
-$124,000
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 16, 2012
Closed on
Aug 27, 2013
Sold by
Druzin Maurice L and Hoffman Elizabeth A
Bought by
Druzin Maurice and Hoffman Elizabeth
Seller's Agent
Dana A. Bambace
Carmel Realty Company
Buyer's Agent
Lucie Campos
Coldwell Banker Realty
List Price
$1,149,000
Sold Price
$1,025,000
Premium/Discount to List
-$124,000
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2009
Sold by
Scherzer Cathy C
Bought by
Hawley Charles B and Hawley Martha W

Purchase Details

Closed on
Mar 19, 2008
Sold by
Hawley Charles B and Hawley Martha W
Bought by
Scherzer Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2006
Sold by
Depetris Jacquie
Bought by
Scherzer Cathy C and Hawley Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2004
Sold by
Greeson Michael
Bought by
Depetris Jacquie and Estate Of Masako Greeson

Purchase Details

Closed on
May 5, 2004
Sold by
Greeson Masako
Bought by
Greeson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2003
Sold by
Greeson Masako
Bought by
Greeson Masako and Greeson Michael
Source: Public Records

Range of Values:

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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
Scherzer Cathy -- Chicago Title Company
Druzin Maurice L $1,025,000 Chicago Title Company
Druzin Maurice -- Chicago Title Company
Hawley Charles B -- None Available
Scherzer Cathy -- Old Republic Title Company
Scherzer Cathy C $550,000 First American Title Co
Depetris Jacquie -- --
Greeson Michael -- --
Greeson Masako -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Druzin Maurice $300,000
Closed Druzin Maurice L $417,000
Previous Owner Scherzer Cathy $328,993
Previous Owner Scherzer Cathy $414,000
Previous Owner Scherzer Cathy $417,000
Previous Owner Scherzer Cathy C $350,000
Previous Owner Greeson Michael $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $1,025,000 -10.8% $635 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $1,149,000 0.0% $712 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
01/15/2013 01/15/13 Price Changed $1,149,000 -3.8% $712 / Sq Ft
10/11/2012 10/11/12 Price Changed $1,195,000 -6.3% $740 / Sq Ft
07/16/2012 07/16/12 For Sale $1,275,000 -- $790 / 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 $13,407 $1,256,498 $674,220 $582,278
2024 $13,407 $1,231,861 $661,000 $570,861
2023 $13,158 $1,207,708 $648,040 $559,668
2022 $12,977 $1,184,029 $635,334 $548,695
2021 $12,788 $1,160,814 $622,877 $537,937
2020 $12,304 $1,148,913 $616,491 $532,422
2019 $12,917 $1,126,386 $604,403 $521,983
2018 $12,398 $1,104,301 $592,552 $511,749
2017 $11,478 $1,082,649 $580,934 $501,715
2016 $11,273 $1,061,422 $569,544 $491,878
2015 $11,112 $1,045,479 $560,989 $484,490
2014 $10,920 $1,025,000 $550,000 $475,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81226598

MLSListings

APN: 001-022-041-000