NOT LISTED FOR SALE

500 Glenwood Cir Unit 220 Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $570,346 - $730,000

2 Beds
1 Bath
825 Sq Ft
$494/mo HOA Fee

Last Sold August 03, 2021

Last sale price $485,000 $588 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,406/month

5 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Granite Countertops
  • Monterey High School Rated A
  • Sauna
  • Recreation Facilities

About This Home

As of August 2021

Located in the coveted Ocean Forest Condominiums, within walking distance to the historic City Center of Monterey's fabulous shops and restaurants, the famed Fisherman's Wharf and Monterey Bay Recreation Trail, this charming 2 bedroom, 1 bathroom condominium has a lot to offer. A quaint corner unit boasting beautiful flooring throughout, has a kitchen that shines with stainless steel appliances and gorgeous granite countertops. The master bedroom features a large window overlooking a beautiful rose garden, includes a large closet, and private deck shared only with the second bedroom. Amenities include swimming pool and Clubhouse that offers recreational activities and other opportunities for entertainment and community engagement.

Last Agent to Sell the Property

Pete Ruiz

KW Coastal Estates License #70010112 Listed on: 06/23/2021

KW Coastal Estates

Last Buyer's Agent

Indy Phagura

Direct Realty and Mortgage License #01704087

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,392

Year Built

  • 1970

Lot Details

  • 6,970

HOA Fees

  • $494 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 825 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Double Self-Cleaning Oven
  • Gas Oven
  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • No Garage
  • Lighted Parking
  • Guest Parking
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating System
  • Water Filtration System
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, gas, heating, hot water, insurance, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, maintenance - unit yard, management fee, pool spa or tennis, recreation facility, reserves, roof, sewer, unit coverage insurance, water, water / sewer
  • Ocean Forest HOA

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Coin Laundry
  • Common Utility Room
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,392

Year Built

1970

Lot Details

0

HOA Fees

$494 per month

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Rules
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 825
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Garbage Disposal, Hookups - Gas, Microwave, Oven - Double, Oven - Gas, Oven - Self Cleaning, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 825
  • Laundry: Coin Operated, Community Facility
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Cabana / Dressing Room, Community Facility, Pool - Cover, Pool - Fenced, Pool - Heated, Steam Room Or Sauna

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Covered Parking, Guest / Visitor Parking, Lighted Parking Area, No Garage, Unassigned Spaces
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • Complex Name: Ocean Forest HOA
  • HOA Fees: 494
  • HOA Amenities: Additional Storage, Bbq Area, Billiard Room, Club House, Common Utility Room, Community Pool, Elevator, Recreation Room, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Gas, Heating, Hot Water, Insurance, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Maintenance - Unit Yard, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Sewer, Unit Coverage Insurance, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Ocean Forest HOA

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Monterey Peninsula Unified

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Anwar Nasrin
Bought by
Sas Group Llc Of Wyoming
Current Estimated Value
$624,837

Purchase Details

Closed on
Feb 13, 2023
Sold by
Sas Enterprises Group Llc
Bought by
Anwar Nasrin

Purchase Details

Closed on
Dec 12, 2021
Sold by
Anwar Shahzad
Bought by
Sas Enterprises Group Llc

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 30, 2021
Sold by
Anwar Nabihah
Bought by
Anwar Shahzad
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Indy Phagura
Direct Realty and Mortgage
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$388,000
Interest Rate
2.24%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 27, 2021
Sold by
Stewart David and Stewart Mary
Bought by
Anwar Shahzad
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Indy Phagura
Direct Realty and Mortgage
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
2.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sas Group Llc Of Wyoming -- None Listed On Document
Anwar Nasrin -- --
Sas Enterprises Group Llc -- None Available
Anwar Shahzad -- Chicago Title
Anwar Shahzad $485,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sas Group Llc $625,000
Previous Owner Anwar Shahzad $388,000
Previous Owner Anwar Shahzad $388,000
Previous Owner Stewart David $92,000
Previous Owner Stewart David $122,262
Previous Owner Stewart David $130,000
Previous Owner Stewart David $35,000
Previous Owner Dolor Albert D $88,060
Previous Owner Stewart David $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $485,000 +4.3% $588 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $465,000 -- $564 / 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 $6,392 $593,028 $364,140 $228,888
2024 $6,392 $581,400 $357,000 $224,400
2023 $5,391 $570,000 $350,000 $220,000
2022 $5,316 $485,000 $195,000 $290,000
2021 $1,662 $485,000 $195,000 $290,000
2020 $1,599 $153,502 $46,406 $107,096
2019 $1,674 $150,494 $45,497 $104,997
2018 $1,607 $147,544 $44,605 $102,939
2017 $1,488 $144,652 $43,731 $100,921
2016 $1,460 $141,817 $42,874 $98,943
2015 $1,438 $139,687 $42,230 $97,457
2014 $1,413 $136,951 $41,403 $95,548
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pete Ruiz

    KW Coastal Estates

    Section Image
  • Indy Phagura

    Buyer's Agent in 2021

    Indy Phagura

    Direct Realty and Mortgage

    (916) 316-5374

    1 in this area

    5 Total Sales

    Indy Phagura
    Section Image
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Map

Source: MLSListings

MLS Number: ML81850382

MLSListings

APN: 001-774-015-000

California Monterey County Monterey 93940 East Monterey

500 Glenwood Cir Unit 220, Monterey, CA

This home is located at 500 Glenwood Cir Unit 220, Monterey, CA 93940 since 23 June 2021 and is currently estimated at $624,837, approximately $757 per square foot. This property was built in 1970. 500 Glenwood Cir Unit 220 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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