NOT LISTED FOR SALE

500 Glenwood Cir Unit 227 Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $450,849 - $658,000

1 Bed
1 Bath
670 Sq Ft
$378/mo HOA Fee

Last Sold July 27, 2021

Last sale price $380,000 $567 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,476/month

168 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Elevator
  • Monterey High School Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of July 2021

Beautiful second level unit overlooking the pool and club house. This 1 bedroom, one bath unit is clean and move-in ready. Unit is conveniently located a few steps from the elevator. This centrally located condo is walking distance to MPC college with quick freeway access to Highway 1 and close to downtown Monterey. Make an appointment to see this unit while it lasts.

Last Agent to Sell the Property

Monterey Peninsula Home Team

KW Coastal Estates License #70000352 Listed on: 01/18/2021

KW Coastal Estates

Last Buyer's Agent

Veronica Orozco

San Carlos Agency, Inc. License #02077765

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,401

Year Built

  • 1970

Lot Details

  • 645

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • Private Pool
  • Barbecue Area

Utilities

  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, common area gas, electricity, exterior painting, garbage, gas, heating, hot water, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, sewer, water, water / sewer
  • Ocean Forest Association
  • The community has rules related to parking rules

Amenities

  • Community Barbecue Grill
  • Courtyard
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,401

Year Built

1970

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Rules
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 670
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Eat In Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Granite, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 670
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Community Facility
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Granite, Shower And Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • Yard/Grounds: Bbq Area, Courtyard
  • Pool: Community Facility
  • Construction Type: Stucco

Garage/Parking

  • Garage Parking Features: Carport, Common Parking Area, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Ocean Forest
  • HOA Fees: 378
  • HOA Amenities: Bbq Area, Club House, Community Pool, Elevator
  • HOA Documents: Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Electricity, Exterior Painting, Garbage, Gas, Heating, Hot Water, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Roof, Sewer, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Ocean Forest

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 645.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 645.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jul 22, 2021
Sold by
Javaid Mazhar and Javaid Roohi
Bought by
Richards Nicholas A
Seller's Agent
Monterey Peninsula Home Team
KW Coastal Estates
Buyer's Agent
Veronica Orozco
San Carlos Agency, Inc.
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$512,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,712
Avg. Annual Appreciation
7.36%
Original Mortgage
$366,956
Outstanding Balance
$334,689
Interest Rate
2.96%
Mortgage Type
VA
Estimated Equity
$174,780

Purchase Details

Listed on
May 4, 2016
Closed on
May 24, 2016
Sold by
Flores Investments Llc
Bought by
Javaid Mazhar and Javaid Roohi
Seller's Agent
Mike Bitar
Executive Estates, Inc
Buyer's Agent
Jared Taubert
Sotheby’s International Realty
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Flores Brothers Investments Lp
Bought by
Flores Investments Llc

Purchase Details

Closed on
May 23, 2013
Sold by
Sadik Amad I
Bought by
Flores Brothers Investments Lp
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
Richards Nicholas A $380,000 Chicago Title Company
Javaid Mazhar $259,000 Chicago Title Company
Flores Investments Llc -- None Available
Flores Brothers Investments Lp $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Nicholas A $366,956
Previous Owner Obaidi Emad I $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $380,000 0.0% $567 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $380,000 +1.3% $567 / Sq Ft
06/15/2021 06/15/21 For Sale $375,000 0.0% $560 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $375,000 0.0% $560 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $375,000 +44.8% $560 / Sq Ft
06/06/2016 06/06/16 Sold $259,000 0.0% $411 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $259,000 -- $411 / 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 $4,401 $403,257 $241,955 $161,302
2024 $4,401 $395,351 $237,211 $158,140
2023 $4,234 $387,600 $232,560 $155,040
2022 $4,175 $380,000 $228,000 $152,000
2021 $3,139 $380,000 $228,000 $152,000
2020 $3,020 $280,348 $162,364 $117,984
2019 $3,168 $274,852 $159,181 $115,671
2018 $3,042 $269,463 $156,060 $113,403
2017 $2,818 $264,180 $153,000 $111,180
2016 $2,231 $208,045 $83,218 $124,827
2015 $2,199 $204,920 $81,968 $122,952
2014 $2,161 $200,907 $80,363 $120,544
Source: Public Records

Agents Affiliated with this Home

  • V

    Buyer's Agent in 2021

    Veronica Orozco

    San Carlos Agency, Inc.

  • M

    Seller's Agent in 2016

    Mike Bitar

    Executive Estates, Inc

  • J

    Buyer's Agent in 2016

    Jared Taubert

    Sotheby’s International Realty

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Map

Source: MLSListings

MLS Number: ML81826207

MLSListings

APN: 001-774-023-000

California Monterey County Monterey 93940 East Monterey

500 Glenwood Cir Unit 227, Monterey, CA

This home is located at 500 Glenwood Cir Unit 227, Monterey, CA 93940 since 18 January 2021 and is currently estimated at $512,712, approximately $765 per square foot. This property was built in 1970. 500 Glenwood Cir Unit 227 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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