NOT LISTED FOR SALE

5 Work Ave Monterey, CA 93940

Estimated Value: $908,000 - $1,057,000

3 Beds
2 Baths
1,323 Sq Ft
$743/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $710,000 $537 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,819/month

4 Days on Market

Highlights

  • City Lights View
  • Deck
  • Quartz Countertops
  • Monterey High School Rated A
  • Traditional Architecture
  • 4-minute walk to Del Rey Oaks Dog Park

About This Home

As of August 2020

Surprise! Surprise! Surprise! This 1323Sq Ft 3-bedroom / 2-bath home sits on an 8100Sq Ft lot with tons of bells and whistles, hoot! hoot! Features updated kitchen with quartz counters, refinished cabinets, stainless-steel appliances, stainless-steel sink and faucet. The oversized living room features tons of windows, cozy brick fireplace w/mantel. The hall bath has been recently updated with custom tile at tub/shower, updated vanity with custom back splash. Large master bedroom suite has dual pane windows that boast awesome scenic views, large closet and recently painted master bathroom with custom tile shower. Glass slider in bedroom 2 has access to private patio with pergola, and awesome side yard. The amazing backyard was made for entertaining, come and enjoy the large wood deck with hot tub, kick back and take in the views while you relax next to the cozy fire pit on the flagstone patio. Minutes from Hwy 68, Hwy 1, and Monterey Peninsula.

Last Agent to Sell the Property

Regina Shaw

Intero Real Estate Services License #01428652 Listed on: 07/21/2020

Intero Real Estate Services

Last Buyer's Agent

Byron Savon

Prudential California Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Canyon

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Garden Windows
  • Living Room with Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1323
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 1323
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Canyon, City Lights
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Fenced Back, Wood
  • Pool: Spa / Hot Tub
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Skylight

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 5, 2020
Sold by
Granbery Brian J and Abeles Adina T
Bought by
Durand Dane and Durand Tiffany
Seller's Agent
Regina Shaw
Intero Real Estate Services
Buyer's Agent
Byron Savon
Prudential California Realty
List Price
$710,000
Sold Price
$710,000
Current Estimated Value
$982,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,647
Avg. Annual Appreciation
6.23%
Original Mortgage
$725,000
Outstanding Balance
$643,126
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$339,521

Purchase Details

Closed on
Nov 17, 2009
Sold by
Morales Thelma
Bought by
Granbery Brian J and Abeles Adina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Morales Thelma E and Thelma E Morales Living Trust
Bought by
Morales Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2007
Sold by
Morales Thelma and Morales Thelma E
Bought by
Morales Thelma E and Thelma E Morales Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2005
Sold by
Howell David J and Howell Patricia A
Bought by
Morales Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.81%
Mortgage Type
Stand Alone First
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
Durand Dane $710,000 First American Title Company
Granbery Brian J $445,000 Old Republic Title Company
Morales Thelma -- Stewart Title Of Ca Inc
Morales Thelma E -- None Available
Morales Thelma $710,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durand Dane $725,000
Previous Owner Granbery Brian J $356,000
Previous Owner Morales Thelma $608,000
Previous Owner Morales Thelma $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $710,000 0.0% $537 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $710,000 -- $537 / 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 $8,038 $768,524 $378,850 $389,674
2024 $8,038 $753,456 $371,422 $382,034
2023 $8,010 $738,684 $364,140 $374,544
2022 $7,898 $724,200 $357,000 $367,200
2021 $7,782 $710,000 $350,000 $360,000
2020 $5,603 $525,219 $265,560 $259,659
2019 $5,876 $514,921 $260,353 $254,568
2018 $5,642 $504,826 $255,249 $249,577
2017 $5,225 $494,929 $250,245 $244,684
2016 $5,131 $485,226 $245,339 $239,887
2015 $4,731 $447,000 $226,000 $221,000
2014 $4,488 $423,000 $214,000 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81802188

MLSListings

APN: 012-492-003-000