Seller's Agent in 2022
Annie Giammanco
Coldwell Banker Realty
(831) 915-1004
3 in this area
42 Total Sales
498 High St Monterey, CA 93940
Old Town NeighborhoodEstimated Value: $2,519,000 - $2,975,000
4
Beds
3.5
Baths
3,374
Sq Ft
$819/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- City Lights View
- Wood Flooring
- Monterey High School Rated A
- Fireplace in Primary Bedroom
- Spanish Architecture
About This Home
As of May 2022Beautiful newly remodeled Spanish Mediterranean home that sits high on the hill in Old Monterey. "Classic 1950", once inside the iron gate you will find a 4-bed,3.5 bath home with light French wood flooring, living room with Majestic Carmel Stone fireplace. Updated kitchen has stainless steel appliances, quartz countertop and a nice size island. Kitchen is open to a breakfast nook area that flows between a formal dining & family room w/fireplace & doors that lead out to a patio area. Upstairs you will find a generous primary suite w/ fireplace, walk in closet and French doors that lead out to a balcony/patio area. You will also find three more bedrooms, one of which is a junior suite that has a walk-in closet, private bath, and a small balcony that captures airport & city light views. Property is private with low maintenance landscaping. All this is within reach of the amenities that downtown Monterey has to offer along with a short walk to hiking trails.
Last Agent to Sell the Property
Coldwell Banker Realty License #00998517 Listed on: 02/25/2022
Last Buyer's Agent
Hayley Pettigrew
Compass License #02089205
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,821
Year Built
- 1956
Lot Details
- 7,680 Sq Ft Lot
- Property is Fully Fenced
- Drought Tolerant Landscaping
- Grass Covered Lot
- Back Yard
Parking
- 2 Car Detached Garage
Home Design
- Spanish Architecture
- Mediterranean Architecture
- Tile Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,374 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Area
- Den
- City Lights Views
- Laundry in unit
Kitchen
- Breakfast Area or Nook
- Gas Cooktop
- Range Hood
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Dual Sinks
- Jetted Tub in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Additional Features
- Balcony
- Forced Air Zoned Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2021
Closed on
Jun 7, 2021
Sold by
Patel Priyanka
Bought by
Patel Manish
Seller's Agent
Nicole Truszkowski
Sotheby’s International Realty
Buyer's Agent
Nicole Truszkowski
Sotheby’s International Realty
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,541,878
Avg. Annual Appreciation
21.29%
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
May 17, 2021
Closed on
Jun 2, 2021
Sold by
Desai Massum
Bought by
Desai Jayesh A
Seller's Agent
Nicole Truszkowski
Sotheby’s International Realty
Buyer's Agent
Nicole Truszkowski
Sotheby’s International Realty
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
May 17, 2021
Closed on
Jun 1, 2021
Sold by
Mccrone Carol A
Bought by
Desai Jayesh and Rezai Mohammad
Seller's Agent
Nicole Truszkowski
Sotheby’s International Realty
Buyer's Agent
Nicole Truszkowski
Sotheby’s International Realty
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 8, 2018
Sold by
Mccrone Willard P and Mccrone Carol C
Bought by
Mccrone Willard P and Mccrone Carol C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,400
Interest Rate
2.87%
Mortgage Type
VA
Purchase Details
Closed on
Apr 11, 2008
Sold by
Mccrone Willard P and Mccrone Carol A
Bought by
Mccrone Willard P and Mccrone Carol A
Purchase Details
Closed on
May 19, 1994
Sold by
Mccrone Willard Phillip
Bought by
Mccrone Willard P and Mccrone Carol C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Manish | -- | Chicago Title Company | |
| Desai Jayesh A | -- | Chicago Title Company | |
| Desai Jayesh | $1,250,000 | Chicago Title Company | |
| Rezai Mohammad | -- | Chicago Title Company | |
| Mccrone Willard P | -- | First American Title Santa A | |
| Mccrone Willard P | -- | None Available | |
| Mccrone Willard P | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rezai Mohammad | $382,742 | |
| Closed | Desai Jayesh | $250,000 | |
| Closed | Desai Jayesh A | $500,000 | |
| Closed | Desai Jayesh | $250,000 | |
| Previous Owner | Mccrone Willard P | $971,400 | |
| Previous Owner | Mccrone Willard P | $922,000 | |
| Previous Owner | Mccrone Willard P | $900,000 | |
| Previous Owner | Mccrone Willard P | $817,000 | |
| Previous Owner | Mccrone Willard P | $750,000 | |
| Previous Owner | Mccrone Willard P | $650,000 | |
| Previous Owner | Mccrone Willard P | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2022 05/09/22 | Sold | $2,620,000 | -12.6% | $777 / Sq Ft |
| 04/09/2022 04/09/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $2,997,000 | +139.8% | $888 / Sq Ft |
| 06/08/2021 06/08/21 | Sold | $1,250,000 | +4.2% | $370 / Sq Ft |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/17/2021 05/17/21 | For Sale | $1,200,000 | -- | $355 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $29,821 | $2,780,364 | $1,167,328 | $1,613,036 |
| 2024 | $29,821 | $2,725,848 | $1,144,440 | $1,581,408 |
| 2023 | $29,025 | $2,672,400 | $1,122,000 | $1,550,400 |
| 2022 | $14,007 | $2,620,000 | $1,100,000 | $1,520,000 |
| 2021 | $4,002 | $1,250,000 | $500,000 | $750,000 |
| 2020 | $5,584 | $495,187 | $142,807 | $352,380 |
| 2019 | $5,770 | $485,478 | $140,007 | $345,471 |
| 2018 | $3,945 | $475,960 | $137,262 | $338,698 |
| 2017 | $3,673 | $466,628 | $134,571 | $332,057 |
| 2016 | $3,617 | $457,480 | $131,933 | $325,547 |
| 2015 | $3,558 | $450,609 | $129,952 | $320,657 |
| 2014 | $3,488 | $441,783 | $127,407 | $314,376 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2022
Hayley Pettigrew
Compass
-
Buyer Co-Listing Agent in 2022
Jennifer Oldham
Compass
(408) 835-4119
3 in this area
799 Total Sales
-
Seller's Agent in 2021
Nicole Truszkowski
Sotheby’s International Realty
(831) 238-7449
1 in this area
30 Total Sales
Map
Source: MLSListings
MLS Number: ML81879852
APN: 001-345-020-000
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