NOT LISTED FOR SALE

500 Glenwood Cir Unit 125 Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $461,291 - $701,000

1 Bed
1 Bath
630 Sq Ft
$373/mo HOA Fee

Last Sold April 27, 2021

Last sale price $416,000 $660 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,655/month

2 Days on Market

Highlights

  • Eat-In Kitchen
  • Monterey High School Rated A
  • Forced Air Heating System

About This Home

As of April 2021

This is a very nice, clean and ready to move into 1 bedroom Condo In the Ocean Forest Community. Sunny unit with Hardwood Floors, Gas Stove/Range, Garbage Disposal, Forced Air Heat, large walk in closet, private balcony, newer appliances and much more. Association fee includes use of the pool, club house, Sauna, BBQ. Close to Downtown, Shopping and easy access to Highway 1.

Last Agent to Sell the Property

Steve Cardinalli

Cardinalli Real Estate License #01739549 Listed on: 04/05/2021

Last Buyer's Agent

Audrey Lynn Beutler

KW Coastal Estates License #01764582

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,895

Year Built

  • 1970

Lot Details

  • 5,227

HOA Fees

  • $373 Monthly HOA Fees

Home Design

  • 630 Sq Ft Home
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Master Meter

Community Details

Overview

  • Association fees include landscaping / gardening, maintenance - common area, maintenance - unit yard, pool spa or tennis, roof, sewer, water
  • Ocean Forest Association
  • The community has rules related to parking rules

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,895

Year Built

1970

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Restrictions, Pets - Rules
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 630
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat In Kitchen
  • Living Sq Ft: 630
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Covered Parking, Off-Street Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 373
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Landscaping / Gardening, Maintenance - Common Area, Maintenance - Unit Yard, Pool, Spa, Or Tennis, Roof, Sewer, Water
  • HOA Exist: Yes
  • H O A Name Text: Ocean Forest

Schools

  • School District: Monterey Peninsula Unified

Multi Family

  • Utilities: Master Meter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Bobus Steven G
Bought by
Steven Bobus Living Trust
Current Estimated Value
$531,573

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 8, 2021
Sold by
Bakhtary Bahar
Bought by
Bobus Steven G
Seller's Agent
Steve Cardinalli
Cardinalli Real Estate
Buyer's Agent
Audrey Lynn Beutler
KW Coastal Estates
List Price
$399,000
Sold Price
$416,000
Premium/Discount to List
$17,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Oct 9, 2017
Sold by
Payne Mary
Bought by
Bakhtary Bahar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1994
Sold by
Usog Elena and Usog Erlinda N
Bought by
Payne Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Steven Bobus Living Trust -- None Listed On Document
Bobus Steven G $416,000 Old Republic Title Company
Bakhtary Bahar $320,000 Chicago Title Company
Payne Mary $90,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakhtary Bahar $300,000
Previous Owner Bakhtary Bahar $304,000
Previous Owner Payne Mary $60,000
Previous Owner Payne Mary $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $416,000 +4.3% $660 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $399,000 +24.7% $633 / Sq Ft
12/15/2017 12/15/17 Sold $320,000 0.0% $508 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $320,000 -- $508 / 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 $4,895 $450,289 $216,485 $233,804
2024 $4,895 $441,461 $212,241 $229,220
2023 $4,722 $432,806 $208,080 $224,726
2022 $4,657 $424,320 $204,000 $220,320
2021 $3,643 $416,000 $200,000 $216,000
2020 $3,504 $332,928 $156,060 $176,868
2019 $3,675 $326,400 $153,000 $173,400
2018 $3,527 $320,000 $150,000 $170,000
2017 $0 $131,778 $39,531 $92,247
2016 $1,328 $129,195 $38,756 $90,439
2015 -- $127,255 $38,174 $89,081
2014 $1,284 $124,764 $37,427 $87,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81837383

MLSListings

APN: 001-773-016-000