NOT LISTED FOR SALE

Estimated Value: $392,629 - $519,000

1 Bed
1 Bath
612 Sq Ft
$767/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $105,000 $172 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $2,607/month

49 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Breakfast Room
  • Monterey High School Rated A
  • Neighborhood Views
  • Bathtub

About This Home

As of April 2014

Great starter for medium income people Corner Unit.. This is affordable housing through the city of Monterey. Income limits: $39,950 single $45,650 couple. Also re-sale restrictions. Must be owner occupied with 2 person limit for purchase. Income and number of people can change after ownership. Pets limited to 2 not over 30lbs. HOA dues $241/mo. More units to come soon.

Last Agent to Sell the Property

Dean Provence

Shankle Real Estate License #00833476 Listed on: 12/16/2013

Shankle Real Estate

Last Buyer's Agent

Jose Raul Ramirez

Remax Property Experts License #01710762

Remax Property Experts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1987

Lot Details

  • End Unit

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 612 Sq Ft Home
  • Window Treatments
  • Breakfast Room
  • Dining Room
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Loft Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub
  • Low Flow Shower

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 013-144-012

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, roof, exterior painting, garbage, insurance - common area, insurance - liability
  • Shoreline Association

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,515

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 27
  • Sale Price Per Sq Ft: 171.57
  • Listing Class: Residential
  • Structure Sq Ft: 612
  • Incorporated: Yes
  • Map Book Page: 81
  • Map Side Coordinate: 4
  • Map Top Coordinate: F
  • Thomas Bros Page: 81
  • Thomas Brothers: F4
  • Year Built: 1987
  • Zoning Description: RG-15
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Room
  • Kitchen: Refrigerator, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 612
  • Security: Fire System - Sprinkler
  • Bedrooms: Loft Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Electric

Condo/Co-op/Association

  • HOA Fees: 241
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement
  • Association Fees Include: Landscaping / Gardening, Roof, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Shoreline
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 013-144-012
  • Lot Location: Corner
  • List Price per Sq Ft: 171.57
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 360.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 360.00
  • Lot Size Area Min Search: 360.00
  • Maximum Lot Size: 360.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Mar 14, 2014
Sold by
City Of Monterey
Bought by
Humes Lauren Renee
Seller's Agent
Dean Provence
Shankle Real Estate
Buyer's Agent
Jose Raul Ramirez
Remax Property Experts
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$469,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,407
Avg. Annual Appreciation
13.83%
Original Mortgage
$84,000
Outstanding Balance
$63,572
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$405,835

Purchase Details

Closed on
Mar 6, 2007
Sold by
2006 Stovall Robert A
Bought by
City Of Monterey

Purchase Details

Closed on
Jan 8, 1998
Sold by
City Of Monterey
Bought by
Stovall Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.16%

Purchase Details

Closed on
Nov 4, 1997
Sold by
Boynton Sharon Forrest
Bought by
City Of Monterey

Purchase Details

Closed on
Jun 12, 1995
Sold by
City Of Monterey
Bought by
Boynton Sharon Forrest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
8.37%

Purchase Details

Closed on
Apr 6, 1995
Sold by
Hemphill Craig Lee
Bought by
City Of Monterey
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
Humes Lauren Renee $105,000 Chicago Title Company
City Of Monterey -- Stewart Title Of Ca Inc
Stovall Sandra L -- Old Republic Title Company
City Of Monterey -- Old Republic Title Company
Boynton Sharon Forrest -- Stewart Title
City Of Monterey -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humes Lauren Renee $84,000
Previous Owner Stovall Sandra L $67,200
Previous Owner Boynton Sharon Forrest $65,600
Closed Stovall Sandra L $12,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2014 04/03/14 Sold $105,000 0.0% $172 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $105,000 -- $172 / 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 $1,515 $128,703 $61,288 $67,415
2024 $1,515 $126,181 $60,087 $66,094
2023 $1,410 $123,708 $58,909 $64,799
2022 $1,386 $121,283 $57,754 $63,529
2021 $1,366 $118,906 $56,622 $62,284
2020 $1,321 $117,688 $56,042 $61,646
2019 $1,382 $115,382 $54,944 $60,438
2018 $1,330 $113,120 $53,867 $59,253
2017 $1,235 $110,903 $52,811 $58,092
2016 $1,213 $108,729 $51,776 $56,953
2015 $1,191 $107,097 $50,999 $56,098
2014 $39 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81343184

MLSListings

APN: 013-144-012-000