NOT LISTED FOR SALE

531 Pheasant Ridge Rd Monterey, CA 93940

Estimated Value: $669,000 - $840,000

2 Beds
2 Baths
1,056 Sq Ft
$424/mo HOA Fee

Last Sold December 22, 2022

Last sale price $590,000 $559 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,578/month

45 Days on Market

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • Forced Air Heating System
  • Monterey High School Rated A
  • Tennis Courts
  • Greenbelt

About This Home

As of December 2022

This is it ! Views, Tranquility and Privacy. Relax on the huge covered and private balcony. Short distance to the Pacific Ocean. This condo sits on MIDDLE floor - steps down from parking. Huge Family Room with cozy fireplace, 2 Bedrooms, 2 Baths, Inside laundry with W/D. New interior paint, new carpet in bedrooms, new floors in kitchen and bath 2, new range, new dishwasher, updated kitchen counters. Community feature include Sports, Pool, Spa and clubhouse - You will be impressed.

Last Agent to Sell the Property

Shane Bohen

Foundation Real Estate License #01191789 Listed on: 10/22/2022

Last Buyer's Agent

Raylene Khan

Christie's International Real Estate Sereno License #01202160

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,407

Year Built

  • Built in 1988

Lot Details

  • 10,454

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture
  • Stucco

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Dryer

Kitchen

  • Free-Standing Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, reserves
  • 150 Units
  • Not Listed Association, Phone Number (831) 123-4567
  • Not Listed Subdivision
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,407

Year Built

Built in 1988

Lot Details

0

HOA Fees

$424 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Not Listed
  • Directions: canyon del rey to pheasant ridge
  • Architectural Style: Craftsman
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Appliances: Microwave, Free-Standing Range, Refrigerator, Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Additional Rooms
  • Room Kitchen Features: Microwave, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Common Area, Low Maintenance
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Parking Spaces
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Greenbelt, Pool, Tennis Court(s), Other
  • Association Fee: 424
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 831-123-4567
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Management Fee, Reserves

Schools

  • Senior High School District: Monterey Peninsula Unified

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2001
Sold by
Smiley W D and Smiley Elizabeth B
Bought by
Smiley William D and Smiley Elizabeth B
Current Estimated Value
$682,094

Purchase Details

Closed on
Apr 28, 1999
Sold by
Orona Kevin Troy
Bought by
Smiley W D and Smiley Elizabeth B

Purchase Details

Closed on
Apr 25, 1995
Sold by
Shield Farouk
Bought by
Shield Gwendolyn D
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
Smiley William D -- --
Smiley W D $172,000 Old Republic Title Company
Shield Gwendolyn D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $590,000 -- --
12/22/2022 12/22/22 Sold $590,000 -1.7% $559 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $599,999 0.0% $568 / Sq Ft
11/28/2022 11/28/22 For Sale $599,999 +1.7% $568 / Sq Ft
11/24/2022 11/24/22 Off Market $590,000 -- --
10/22/2022 10/22/22 For Sale $610,000 -- $578 / Sq Ft
Source: Bay East Association of REALTORS®

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 $6,407 $613,836 $260,100 $353,736
2024 $6,407 $601,800 $255,000 $346,800
2023 $6,374 $590,000 $250,000 $340,000
2022 $2,835 $254,073 $125,559 $128,514
2021 $2,794 $249,093 $123,098 $125,995
2020 $2,690 $246,540 $121,836 $124,704
2019 $2,820 $241,707 $119,448 $122,259
2018 $2,709 $236,968 $117,106 $119,862
2017 $2,511 $232,322 $114,810 $117,512
2016 $2,467 $227,767 $112,559 $115,208
2015 $2,432 $224,347 $110,869 $113,478
2014 $2,391 $219,954 $108,698 $111,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41011229

Bay East Association of REALTORS®

APN: 012-614-003-000