NOT LISTED FOR SALE

500 Glenwood Cir Unit 224 Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $455,000 - $586,000

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

Last Sold March 15, 2021

Last sale price $362,500 $575 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,421/month

86 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Community Barbecue Grill
  • Monterey High School Rated A
  • Sauna
  • Tile Flooring

About This Home

As of March 2021

Nicely remodeled Monterey Condo, clean and move in ready. One bedroom, one bath, second floor unit with elevator access! Interior upgrades include vinyl and tile flooring, quartz counter tops in the bathroom, unit has been painted and carpets have been professionally cleaned.

Last Agent to Sell the Property

Andrew Phillips

Phillips Real Estate License #02061112 Listed on: 12/02/2020

Last Buyer's Agent

Veronica Orozco

San Carlos Agency, Inc. License #02077765

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,287

Year Built

  • 1970

Lot Details

  • 6,098

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 630 Sq Ft Home
  • Dining Area

Kitchen

  • Gas Cooktop
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Pool

  • Private Pool

Utilities

  • Radiant Heating System
  • Master Meter

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, electricity, exterior painting, fencing, garbage, gas, heating, hot water, insurance, insurance - common area, insurance - homeowners, maintenance - common area, maintenance - exterior, pool spa or tennis, recreation facility, roof, water / sewer
  • 142 Units
  • Ocean Forest HOA

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Coin Laundry

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,287

Year Built

1970

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Zoning: CONDO
  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 50
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 142
  • Structure Sq Ft: 630
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Formica
  • Living Sq Ft: 630
  • Laundry: Coin Operated, Community Facility
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tile

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Aluminum Over Tar, Rolled Composition
  • Pool: Community Facility

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 1

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Ocean Forest HOA
  • HOA Fees: 373
  • HOA Amenities: Bbq Area, Billiard Room, Club House, Community Pool, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Electricity, Exterior Painting, Fencing, Garbage, Gas, Heating, Hot Water, Insurance, Insurance - Common Area, Insurance - Homeowners, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Recreation Facility, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Ocean Forest HOA

Schools

  • School District: Monterey Peninsula Unified

Rental Info

  • Current Rent: 1850

Multi Family

  • Utilities: Master Meter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Mar 8, 2021
Sold by
Aguilar Veronica
Bought by
Gibeau Patricia L and Christopher P Klaus Trust
Seller's Agent
Andrew Phillips
Phillips Real Estate
Buyer's Agent
Veronica Orozco
San Carlos Agency, Inc.
List Price
$369,500
Sold Price
$362,500
Premium/Discount to List
-$7,000
-1.89%
Current Estimated Value
$497,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,302
Avg. Annual Appreciation
7.34%

Purchase Details

Listed on
Oct 13, 2015
Closed on
May 31, 2016
Sold by
Beck Jo Ann T
Bought by
Aguilar Veronica
Seller's Agent
Joe Altieri
Joe Altieri Realty
Buyer's Agent
Graciela Mendoza
Steinbeck Real Estate, Inc.
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$270,697
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Feb 12, 1996
Sold by
Thomas Carole L
Bought by
Beck Jo Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.99%
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
Gibeau Patricia L $362,500 Chicago Title Company
Aguilar Veronica $265,000 Chicago Title Company
Beck Jo Ann T $85,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguilar Veronica $270,697
Previous Owner Beck Jo Ann T $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $362,500 -1.9% $575 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $369,500 0.0% $587 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $369,500 +39.4% $587 / Sq Ft
06/02/2016 06/02/16 Sold $265,000 -5.0% $421 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
02/03/2016 02/03/16 Price Changed $279,000 -1.4% $443 / Sq Ft
12/11/2015 12/11/15 Price Changed $283,000 -5.4% $449 / Sq Ft
10/13/2015 10/13/15 For Sale $299,000 -- $475 / 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 $4,287 $392,379 $216,485 $175,894
2024 $4,287 $384,687 $212,241 $172,446
2023 $4,121 $377,145 $208,080 $169,065
2022 $4,064 $369,750 $204,000 $165,750
2021 $3,210 $362,500 $200,000 $162,500
2020 $3,089 $286,844 $135,304 $151,540
2019 $3,241 $281,220 $132,651 $148,569
2018 $3,112 $275,706 $130,050 $145,656
2017 $2,882 $270,300 $127,500 $142,800
2016 $1,304 $119,966 $42,092 $77,874
2015 $1,285 $118,165 $41,460 $76,705
2014 $1,264 $115,851 $40,648 $75,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81821964

MLSListings

APN: 001-774-019-000