NOT LISTED FOR SALE

5 Sommerset Rise Monterey, CA 93940

Skyline Forest Neighborhood

Estimated Value: $2,277,865 - $2,349,000

4 Beds
3 Baths
2,933 Sq Ft
$787/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $2,232,000 $761 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $14,420/month

8 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Monterey High School Rated A
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2024

Nestled in a serene cul-de-sac, this exquisite home embodies coastal elegance with breathtaking views of the ocean and city lights offering a picturesque backdrop to everyday life. Situated against a lush greenbelt, tranquility permeates every corner, offering a peaceful retreat from the bustle of everyday life. Boasting an array of amenities such as a dry sauna room with a shower and spacious living areas, this residence is an entertainer's dream, while still providing intimate spaces for relaxation. With its prime location close to shops, restaurants, and entertainment, convenience harmoniously meets luxury, creating an unparalleled lifestyle opportunity.

Last Agent to Sell the Property

Richard Oh

NT Real Estate License #01024291 Listed on: 05/23/2024

Last Buyer's Agent

Mark Capito

Sotheby’s International Realty License #00797423

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,129

Year Built

  • Built in 1971

Lot Details

  • 0.37 Acre Lot
  • Lot Sloped Up
  • Zoning described as R1

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain
  • Forest
  • Garden

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,933 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 014-131-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,129

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 2933
  • Year Built: 1971
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Starter, Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Hookups - Gas, Microwave, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 2933
  • Stories: 2
  • Laundry: Dryer, Gas Hookup, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Sauna, Tub in Primary Bedroom, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Bay, City Lights, Forest / Woods, Garden / Greenbelt, Mountains, Ocean
  • Yard/Grounds: Deck
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Wet Bar

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 014-131-005-000
  • Lot Acres: 0.3651
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15904.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15904.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 27, 2024
Sold by
Slater Timothy
Bought by
Gordon Andrew and Simons Victoria
Seller's Agent
Richard Oh
NT Real Estate
Buyer's Agent
Mark Capito
Sotheby’s International Realty
List Price
$2,290,000
Sold Price
$2,232,000
Premium/Discount to List
-$58,000
-2.53%
Views
69
Current Estimated Value
$2,307,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,216
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Jan 7, 2008
Sold by
Wildcat Real Estate Llc
Bought by
Slater Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 2006
Sold by
Slater Tim
Bought by
Wildcat Real Property Llc

Purchase Details

Closed on
Dec 5, 2002
Sold by
The Wildcat Llc
Bought by
Slater Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.87%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Horton Edward C and Horton Nancy C
Bought by
The Wildcat Llc

Purchase Details

Closed on
May 3, 1994
Sold by
Sena Diane M
Bought by
Horton Edward C and Horton Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
8.52%
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
Gordon Andrew $2,232,000 Chicago Title
Slater Timothy -- Accommodation
Wildcat Real Property Llc -- None Available
Slater Tim -- Stewart Title
The Wildcat Llc $1,360,000 First American Title
Horton Edward C $580,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slater Timothy $764,000
Previous Owner Slater Tim $800,000
Previous Owner Slater Tim $800,000
Previous Owner Horton Edward C $25,000
Previous Owner Horton Edward C $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $2,232,000 -2.5% $761 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $2,290,000 -- $781 / 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 $20,129 $2,232,000 $850,000 $1,382,000
2024 $20,129 $2,232,000 $850,000 $1,382,000
2023 $15,493 $1,860,000 $1,286,000 $574,000
2022 $14,800 $1,348,000 $932,000 $416,000
2021 $13,760 $1,246,000 $861,000 $385,000
2020 $13,046 $1,215,000 $840,000 $375,000
2019 $14,125 $1,229,000 $849,000 $380,000
2018 $12,613 $1,120,000 $774,000 $346,000
2017 $9,684 $908,000 $628,000 $280,000
2016 $9,658 $904,000 $625,000 $279,000
2015 $11,485 $1,077,000 $744,000 $333,000
2014 $7,858 $731,000 $505,000 $226,000
Source: Public Records

Agents Affiliated with this Home

  • Richard Oh

    Seller's Agent in 2024

    Richard Oh

    NT Real Estate

    (831) 920-1916

    1 in this area

    2 Total Sales

    Section Image
  • Mark Capito

    Buyer's Agent in 2024

    Mark Capito

    Sotheby’s International Realty

    (831) 887-8022

    1 in this area

    20 Total Sales

    Section Image
  • Laraye Sullivan

    Buyer Co-Listing Agent in 2024

    Laraye Sullivan

    Sotheby’s International Realty

    (831) 887-8022

    3 in this area

    20 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81966981

MLSListings

APN: 014-131-005-000

California Monterey County Monterey 93940 Skyline Forest

5 Sommerset Rise, Monterey, CA

This home is located at 5 Sommerset Rise, Monterey, CA 93940 since 23 May 2024 and is currently estimated at $2,307,216, approximately $786 per square foot. This property was built in 1971. 5 Sommerset Rise is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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