NOT LISTED FOR SALE

Estimated Value: $1,189,663 - $1,364,000

3 Beds
2 Baths
1,194 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,000,000 $838 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,788/month

41 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Forced Air Heating System
  • Monterey High School Rated A
  • Breakfast Area or Nook
  • Washer and Dryer

About This Home

As of April 2023

Welcome to 514 Toyon Drive in Monterey. This charming, Southern facing home, has 3 bedrooms, 2 bathrooms, and 1,194 square feet of living space on an oversized 7,000 square foot lot. The living room is filled with natural light that is complimented by a natural river rock fireplace and pitched ceilings. The kitchen is spacious and features a cozy breakfast nook with a view window that captures the light in the morning. The property is situated with close proximity to all that Monterey has to offer, including downtown, schools, and Highway 68 for quick access to Carmel and Pacific Grove.

Last Agent to Sell the Property

WeathersGannawayTeam

Compass License #70004321 Listed on: 02/21/2023

Last Buyer's Agent

Michael Loredo

eXp Realty of California Inc License #02111208

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,065

Year Built

  • Built in 1957

Lot Details

  • 7,000

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring
  • Mountain Views
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-981-007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,065

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1194
  • Year Built: 1957
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Living Sq Ft: 1194
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Polyurethane
  • View: Mountains

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-981-007-000
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jul 30, 2013
Sold by
Wong Arthur A and Wong Susanna E
Bought by
Wong Arthur A and Wong Susanna E
Seller's Agent
April Young
KW Thrive Santa Cruz
Buyer's Agent
Betty Pribula
Sotheby’s International Realty
List Price
$489,000
Sold Price
$557,000
Premium/Discount to List
$68,000
13.91%
Current Estimated Value
$1,260,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,166
Avg. Annual Appreciation
6.93%

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 30, 2013
Sold by
Axelrod Alexander and Axelrod Alexandra
Bought by
Wong Arthua A and Wong Susanna E
Seller's Agent
April Young
KW Thrive Santa Cruz
Buyer's Agent
Betty Pribula
Sotheby’s International Realty
List Price
$489,000
Sold Price
$557,000
Premium/Discount to List
$68,000
13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$272,621
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$987,545

Purchase Details

Closed on
Mar 20, 2000
Sold by
Giammanco Curtice Luke and Giammanco Curtice Teresa
Bought by
Axelrod Alexander and Axelrod Alexandra

Purchase Details

Closed on
Jan 29, 1998
Sold by
Cramer Chris H and Cramer Stephanie S
Bought by
Giammanco Curtice Luke and Giammanco Curtice Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.87%
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
Wong Arthur A -- None Available
Wong Arthua A $557,000 Old Republic Title Company
Axelrod Alexander $495,000 Chicago Title Co
Giammanco Curtice Luke $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Arthua A $384,000
Previous Owner Axelrod Alexander $260,000
Previous Owner Giammanco Curtice Luke $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,000,000 -9.0% $838 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $1,099,000 -4.4% $920 / Sq Ft
02/21/2023 02/21/23 For Sale $1,150,000 +106.5% $963 / Sq Ft
06/07/2013 06/07/13 Sold $557,000 +13.9% $466 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $489,000 -- $410 / 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 $11,065 $1,040,400 $728,280 $312,120
2024 $11,065 $1,020,000 $714,000 $306,000
2023 $7,216 $1,000,000 $700,000 $300,000
2022 $7,117 $646,337 $232,078 $414,259
2021 $7,013 $633,665 $227,528 $406,137
2020 $6,748 $627,168 $225,195 $401,973
2019 $7,082 $614,872 $220,780 $394,092
2018 $6,799 $602,816 $216,451 $386,365
2017 $6,297 $590,997 $212,207 $378,790
2016 $6,185 $579,410 $208,047 $371,363
2015 $6,096 $570,707 $204,922 $365,785
2014 $5,991 $559,528 $200,908 $358,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81919466

MLSListings

APN: 001-981-007-000