NOT LISTED FOR SALE

602 Ocean Ave Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $1,637,000 - $1,925,050

4 Beds
3 Baths
2,870 Sq Ft
$618/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $810,000 $282 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $10,030/month

9 Days on Market

Highlights

  • 0.28 Acre Lot
  • Fireplace in Primary Bedroom
  • High Ceiling
  • La Mesa Elementary School Rated A-
  • Wood Flooring
  • Neighborhood Views

About This Home

As of September 2018

Will not qualify for conventional financing. Not currently on Historical registry; buyers are advised to contact the City of Monterey Building and Planning Department to verify to their own satisfaction prior to making offers.

Last Agent to Sell the Property

Ric Morrison

Coldwell Banker Realty License #00954251 Listed on: 08/04/2018

Coldwell Banker Realty

Last Buyer's Agent

Susan Bianchi

Coldwell Banker Realty License #02000216

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Back and Front Yard Fenced
  • Level Lot
  • Zoning described as R3

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,870 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Garden Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Neighborhood Views
  • Laundry in unit

Kitchen

  • Gas Oven
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 001-845-007-000

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 2870
  • Year Built: 1936
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Other, Microwave, Oven - Gas
  • Living Sq Ft: 2870
  • Stories: 2
  • Laundry: Inside
  • Flooring: Hardwood, Laminate
  • Fireplaces Min: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle, Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Back Yard
  • Fencing: Fenced, Fenced Back, Fenced Front
  • Property Faces: South
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Covered Parking, Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 001-845-007-000
  • Lot Acres: 0.2755
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12000.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Second Unit Description: poor condition

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Joan B Lochhead Gst Exempt Trust
Bought by
Kelly Christine L
Current Estimated Value
$1,774,013

Purchase Details

Listed on
Aug 4, 2018
Closed on
Sep 5, 2018
Sold by
Uyeda Lily Y and Uyeda Jimmie
Bought by
Keyzers Joan C and Joan B Lochhead Gst Exempt Tru
Seller's Agent
Ric Morrison
Coldwell Banker Realty
Buyer's Agent
Susan Bianchi
Coldwell Banker Realty
List Price
$750,000
Sold Price
$810,000
Premium/Discount to List
$60,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Feb 15, 2008
Sold by
Uyeda Lily Y and Uyeda Jimmie
Bought by
Uyeda Lily Y and Uyeda Jimmie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2007
Sold by
Uyeda Jimmie and Uyeda Lily Y
Bought by
Uyeda Lily Y and Uyeda Jimmie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Uyeda Lily Y and Uyeda Whitney E
Bought by
Uyreda Jimmie and Uyeda Lily Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2003
Sold by
Uyeda Jimmie M and Uyeda Lily Y
Bought by
Uyeda Lily Y and Uyeda Whitney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelly Christine L -- None Listed On Document
Keyzers Joan C $810,000 First American Title Co
Uyeda Lily Y -- First American Title Company
Uyeda Jimmie -- First American Title Company
Uyeda Lily Y -- First American Title Company
Uyeda Lily Y -- First American Title Co
Uyreda Jimmie -- First American Title Ins Co
Uyeda Lily Y -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uyeda Lily Y $417,000
Previous Owner Uyeda Jimmie $178,000
Previous Owner Uyeda Lily Y $445,000
Previous Owner Uyeda Lily Y $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $810,000 +8.0% $282 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $750,000 -- $261 / Sq Ft
Source: MLSListings

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 $9,704 $1,045,500 $765,000 $280,500
2024 $9,704 $1,025,000 $750,000 $275,000
2023 $9,534 $868,480 $536,099 $332,381
2022 $9,403 $851,452 $525,588 $325,864
2021 $9,857 $834,758 $515,283 $319,475
2020 $9,279 $826,200 $510,000 $316,200
2019 $9,359 $810,000 $500,000 $310,000
2018 $1,505 $129,041 $55,391 $73,650
2017 $1,401 $126,511 $54,305 $72,206
2016 $1,376 $124,032 $53,241 $70,791
2015 $1,357 $122,170 $52,442 $69,728
2014 $1,334 $119,778 $51,415 $68,363
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ric Morrison

    Coldwell Banker Realty

    Section Image

  • S

    Buyer's Agent in 2018

    Susan Bianchi

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81717639

MLSListings

APN: 001-845-007-000

California Monterey County Monterey 93940 East Monterey

602 Ocean Ave, Monterey, CA

Not Listed for Sale

Detached

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