NOT LISTED FOR SALE

585 Laine St Unit 3 Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $638,000 - $745,000

2 Beds
1 Bath
654 Sq Ft
6,534 Sq Ft Lot

Last Sold March 05, 2014

Last sale price $405,000 $619 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,250/month

16 Days on Market

Highlights

  • Ocean View
  • Unit is on the top floor
  • Forced Air Heating System
  • Monterey High School Rated A
  • Tile Flooring
  • 1-minute walk to Hoffman Park

About This Home

As of March 2014

Location, location, location! Beautiful bay and city light views. A few blocks from Cannery Row and beaches. Great for walking to restaurants and shops. A bright corner unit in the sunny area of Monterey. Washer/dryer, attic storage and a carport included. Complete remodel in 2007 including travertine tile, granite counters, crown moldings, stainless steel appliances and custom painting.

Last Agent to Sell the Property

Sabrina Fieber

Salinger Properties License #01925570 Listed on: 01/31/2014

Salinger Properties

Last Buyer's Agent

Jan Pratt

Sotheby’s International Realty License #01442211

Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 2007

Lot Details

  • 6,534

Parking

  • 1 Carport Space

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Tile Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Unit is on the top floor
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, reserves, roof, common area electricity, common area gas, exterior painting, fencing, insurance - common area
  • Laine Hill Condominiums Association

Listing and Financial Details

  • Assessor Parcel Number 001-996-003

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,379

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 7
  • Sale Price Per Sq Ft: 619.27
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 654
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 2
  • Map Top Coordinate: G
  • Thomas Bros Page: 80
  • Thomas Brothers: G2
  • Year Built: 2007
  • Zoning Description: condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Dining "L"
  • Living Sq Ft: 654
  • Stories: 1
  • Flooring: Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • View: Local/Neighborhood, Ocean

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 248
  • Association Fees Include: Landscaping / Gardening, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area
  • H O A Name Text: Laine Hill Condominiums
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-996-003
  • List Price per Sq Ft: 640.67
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Bynoe Dudley C and Turner Linda
Bought by
Dudley And Linda Bynoe Trust
Current Estimated Value
$703,160

Purchase Details

Listed on
Jan 31, 2014
Closed on
Mar 3, 2014
Sold by
Slama Mark E
Bought by
Bynoe Dudley C and Bynoe Linda Turner
Seller's Agent
Sabrina Fieber
Salinger Properties
Buyer's Agent
Jan Pratt
Sotheby’s International Realty
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Jul 16, 2012
Closed on
Aug 9, 2012
Sold by
Allen Robert and Allen Cory Jo
Bought by
Slama Mark E
Seller's Agent
Sandra Schirmer
David Lyng Real Estate
Buyer's Agent
BUFF LaGRANGE
Coldwell Banker Realty
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Mar 25, 2008
Sold by
Laine Hill Condominiums Inc
Bought by
Allen Robert and Allen Cory Jo
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
Dudley And Linda Bynoe Trust -- Fosterwhite Mona M
Bynoe Dudley C $405,000 Chicago Title Company
Slama Mark E $375,000 Chicago Title Company
Allen Robert $580,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2014 03/05/14 Sold $405,000 -3.3% $619 / Sq Ft
02/16/2014 02/16/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $419,000 0.0% $641 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $419,000 +11.7% $641 / Sq Ft
08/13/2012 08/13/12 Sold $375,000 0.0% $573 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $375,000 -- $573 / 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 $5,379 $496,464 $275,815 $220,649
2024 $5,379 $486,730 $270,407 $216,323
2023 $5,235 $477,187 $265,105 $212,082
2022 $5,163 $467,831 $259,907 $207,924
2021 $5,089 $458,659 $254,811 $203,848
2020 $4,897 $453,957 $252,199 $201,758
2019 $5,138 $445,056 $247,254 $197,802
2018 $4,933 $436,330 $242,406 $193,924
2017 $4,570 $427,775 $237,653 $190,122
2016 $4,489 $419,389 $232,994 $186,395
2015 $4,425 $413,091 $229,495 $183,596
2014 $3,976 $376,702 $165,749 $210,953
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sabrina Fieber

    Salinger Properties

    Section Image
  • Jan Pratt

    Buyer's Agent in 2014

    Jan Pratt

    Sotheby’s International Realty

    (831) 402-2017

    1 Total Sale

    Jan Pratt
    Section Image

  • S

    Seller's Agent in 2012

    Sandra Schirmer

    David Lyng Real Estate (Carmel offices)

    Section Image

  • B

    Buyer's Agent in 2012

    BUFF LaGRANGE

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81402919

MLSListings

APN: 001-996-003-000

California Monterey County Monterey 93940 New Monterey

585 Laine St Unit 3, Monterey, CA

This home is located at 585 Laine St Unit 3, Monterey, CA 93940 since 31 January 2014 and is currently estimated at $703,160, approximately $1,075 per square foot. This property was built in 2007. 585 Laine St Unit 3 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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