NOT LISTED FOR SALE

488 Carmel Ave Marina, CA 93933

Estimated Value: $773,000 - $839,000

3 Beds
2.5 Baths
1,450 Sq Ft
$554/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $551,000 $380 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,817/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • 2 Car Attached Garage
  • Bathtub with Shower
  • Neighborhood Views
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of June 2018

This beautiful 3 bedroom, 2.5 baths, home, is located in the desirable City of Marina. This turn-key home is priced to sell, so don't wait. The opportunity won't last. It has a prime location on Northern Carmel Avenue and is a short walk to nearby parks. New paint interior and exterior, dual pane windows, a fireplace, two car garage, new floors, big back yard and too many things to list. Enjoy coastal breezes and quiet nights. This is the perfect home to raise a family.

Last Agent to Sell the Property

Nicholas Tortorelli

KW Coastal Estates License #01925692 Listed on: 05/14/2018

KW Coastal Estates

Last Buyer's Agent

Tina Jane Thoits

Coldwell Banker Realty License #02045609

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,238 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Neighborhood Views
  • Eat-In Kitchen
  • Washer and Dryer

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 032-251-032-000

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 1450
  • Incorporated: Yes
  • Year Built: 1971
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1450
  • Stories: 2
  • Laundry: Electricity Hookup (220V), Washer / Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Fenced Back, Fenced Front
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • High School: 30990

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 032-251-032-000
  • Lot Acres: 0.1432
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6239.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6239.00
  • Soil: Sandy

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: J. C. Crumpton Elementary
  • High School Text: Marina High
  • Middle School Text: Los Arboles Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 6, 2018
Sold by
Overman Daniel Bruce and Overman Kimchi
Bought by
Wolfson Leslie C and Mclaughlin Tim D
Seller's Agent
Nicholas Tortorelli
KW Coastal Estates
Buyer's Agent
Tina Jane Thoits
Coldwell Banker Realty
List Price
$565,000
Sold Price
$551,000
Premium/Discount to List
-$14,000
-2.48%
Current Estimated Value
$802,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,957
Avg. Annual Appreciation
5.03%
Original Mortgage
$351,000
Outstanding Balance
$303,556
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$499,401

Purchase Details

Closed on
Nov 11, 2008
Sold by
Aurora Loan Services Inc
Bought by
Overman Daniel Bruce and Overman Kimchi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,047
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2007
Sold by
Gaches Greco
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Nov 16, 2006
Sold by
Gaches Greco
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Apr 13, 2005
Sold by
Bazan Anna M and Bazan Robert
Bought by
Gaches Greco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 2000
Sold by
Bazan Anna M and Bazan Robert
Bought by
Bazan Robert and Bazan Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolfson Leslie C $551,000 Chicago Title Salinas
Overman Daniel Bruce $376,000 Fidelity National Title Co
Aurora Loan Services Inc $556,448 Accommodation
Aurora Loan Services Inc $543,355 First American Title
Gaches Greco $635,000 Stewart Title
Gaches Greco -- Stewart Title
Bazan Robert -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfson Leslie C $351,000
Previous Owner Overman Daniel Bruce $369,047
Previous Owner Gaches Greco $508,000
Previous Owner Bazan Robert $212,000
Closed Gaches Greco $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $551,000 -2.5% $380 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $565,000 -- $390 / Sq Ft
Source: MLSListings

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 $6,672 $626,939 $364,104 $262,835
2024 $6,672 $614,647 $356,965 $257,682
2023 $6,609 $602,596 $349,966 $252,630
2022 $6,515 $590,781 $343,104 $247,677
2021 $6,413 $579,198 $336,377 $242,821
2020 $6,218 $573,260 $332,928 $240,332
2019 $6,565 $562,020 $326,400 $235,620
2018 $4,818 $425,540 $282,941 $142,599
2017 $4,459 $417,197 $277,394 $139,803
2016 $4,383 $409,017 $271,955 $137,062
2015 $4,316 $402,874 $267,870 $135,004
2014 $4,280 $394,983 $262,623 $132,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81705465

MLSListings

APN: 032-251-032-000

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