NOT LISTED FOR SALE

Estimated Value: $715,793 - $962,000

2 Beds
2 Baths
961 Sq Ft
$647/mo HOA Fee

Last Sold June 16, 2022

Last sale price $725,000 $754 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,623/month

5 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • High Ceiling
  • Monterey High School Rated A
  • Wood Flooring
  • Open to Family Room

About This Home

As of June 2022

Single level private unit available! Two bedrooms and two full baths located in one of the best locations in the Montsalas community. This secluded and beautifully maintained unit offers 961 square feet of living space. The exterior deck off the living room adds outdoor enjoyment with additional space and views not ordinarily available. Enter through the private walkway to high vaulted ceilings that welcome you into this nicely appointed unit. The private patio in the back has access from both bedrooms and offers another outdoor space to enjoy. Conveniently located within close proximity to downtown Monterey, the beach, and plenty of shopping. Community pool and spa. Pets allowed.

Last Agent to Sell the Property

Ben Beesley

KW Coastal Estates License #70010212 Listed on: 05/11/2022

KW Coastal Estates

Last Buyer's Agent

Monterey Peninsula Home Team

KW Coastal Estates License #70000352

KW Coastal Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,243

Year Built

  • 1977

Lot Details

  • 0.32

HOA Fees

  • $647 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Dining Area
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis, roof, sewer
  • Montsalas HOA
  • The community has rules related to parking rules

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,243

Year Built

1977

Lot Details

0

HOA Fees

$647 per month

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Number Restrictions
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 961
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 961
  • Stories: 1
  • Laundry: Inside
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Montsalas
  • HOA Fees: 647
  • HOA Amenities: Bbq Area, Club House, Community Pool
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Roof, Sewer
  • HOA Exist: Yes
  • H O A Name Text: Montsalas HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Monterey Peninsula Unified

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 6, 2022
Sold by
Starr Family Trust
Bought by
Peter J Coniglio 2003 Revocable Trust
Seller's Agent
Ben Beesley
KW Coastal Estates
Buyer's Agent
Monterey Peninsula Home Team
KW Coastal Estates
List Price
$675,000
Sold Price
$725,000
Premium/Discount to List
$50,000
7.41%
Current Estimated Value
$788,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,698
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Starr Herbert F and Starr Nancy F
Bought by
Starr Herbert F and Starr Nancy F

Purchase Details

Closed on
Mar 30, 2018
Sold by
Starr Herbert F and Starr Nancy F
Bought by
Starr Herbert F and Starr Nancy F

Purchase Details

Closed on
Jul 19, 2002
Sold by
Starr Herbert and Starr Nancy
Bought by
Starr Herbert F and Starr Nancy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,413
Interest Rate
13.5%
Mortgage Type
Credit Line Revolving
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
Peter J Coniglio 2003 Revocable Trust $725,000 Chicago Title
Starr Herbert F -- None Available
Starr Herbert F -- None Available
Starr Herbert F -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coniglio Peter J $200,000
Previous Owner Starr Herbert F $392,413
Closed Starr Herbert F $392,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $725,000 +7.4% $754 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $675,000 -- $702 / 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 $8,243 $739,500 $382,500 $357,000
2024 $8,243 $725,000 $375,000 $350,000
2023 $8,036 $739,500 $382,500 $357,000
2022 $2,588 $725,000 $375,000 $350,000
2021 $2,549 $236,262 $72,135 $164,127
2020 $2,452 $233,841 $71,396 $162,445
2019 $2,570 $229,257 $69,997 $159,260
2018 $2,467 $224,763 $68,625 $156,138
2017 $2,284 $220,357 $67,280 $153,077
2016 $2,241 $216,037 $65,961 $150,076
2015 $2,208 $212,793 $64,971 $147,822
2014 $2,169 $208,626 $63,699 $144,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81890734

MLSListings

APN: 101-261-005-000