NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,590,105

3 Beds
3 Baths
1,929 Sq Ft
$673/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $800,000 $415 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,623/month

202 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • Balcony
  • Monterey High School Rated A
  • Wood Flooring
  • 3-minute walk to Hoffman Park

About This Home

As of April 2016

Interior has been freshly painted. A must see to appreciate. Perched on the corner lot with white water views of Monterey Bay and city lights. The home offers 1,929 sq. ft., 2 beds/2 baths and an office area on upper/street level with a 1 bed/1 bath 3rd bedroom on the lower/garage level which has an exterior entrance. Old carpet has been removed to expose hardwood floors on the upper level. Fenced yard and private garden with views down to the bay from patio. Request your agent to show you this lovely home today.

Last Agent to Sell the Property

J.R. Rouse

Sotheby’s International Realty License #01299649 Listed on: 08/07/2015

Sotheby’s International Realty

Last Buyer's Agent

Mary Faria

Faria Family Co. License #01267619

Faria Family Co.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Property Views

  • Bay
  • City Lights

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,929 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • No Floor Coverings

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-094-001

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1929
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Dining "L"
  • Kitchen: Cooktop - Electric, Countertop - Formica, Refrigerator
  • Living Sq Ft: 1929
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: Hardwood, Laminate, Unfinished
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, City Lights
  • Yard/Grounds: Balcony / Patio
  • Fencing: Partial Fencing
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Available, Sewer Connected

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 001-094-001
  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Mar 31, 2016
Sold by
Perske L J and Perske Deana C
Bought by
Faria Family Living Trust
Seller's Agent
J.R. Rouse
Sotheby’s International Realty
Buyer's Agent
Mary Faria
Faria Family Co.
List Price
$949,000
Sold Price
$800,000
Premium/Discount to List
-$149,000
-15.7%
Current Estimated Value
$1,297,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,276
Avg. Annual Appreciation
5.08%
Original Mortgage
$417,000
Outstanding Balance
$330,627
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$966,649

Purchase Details

Closed on
Oct 4, 2011
Sold by
Perske L J and Perske Deana C
Bought by
Perske L J and Perske Deana C

Purchase Details

Closed on
Jul 9, 2010
Sold by
Perske L J and Perske Deana C
Bought by
Perske L J and Perske Deana C

Purchase Details

Closed on
Jul 7, 2006
Sold by
Koontz Merrill Dean and Koontz Eva Grace
Bought by
Perske Louis J and Perske Deana Colbath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 1999
Sold by
Koontz Merril Dean and Koontz Eva Grace
Bought by
Koontz Merril Dean and Koontz Eva Grace

Purchase Details

Closed on
Sep 14, 1998
Sold by
Koontz Merril Dean and Koontz Eva Grace
Bought by
Koontz Merril Dean and Koontz Eva Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,700
Interest Rate
6.89%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Koontz Merril Dean and Koontz Eva Grace
Bought by
Koontz Merril Dean and Koontz Eva Grace

Purchase Details

Closed on
Feb 28, 1996
Sold by
Cosentino Isidoro and Cosentino Grace
Bought by
Cosentino Isidoro Fred and Cosentino Grace

Purchase Details

Closed on
Jul 28, 1994
Sold by
Cricchio Rosa A
Bought by
Ogrady Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Faria Family Living Trust $800,000 Chicago Title Company
Perske L J -- None Available
Perske L J -- None Available
Perske L J -- None Available
Perske L J -- None Available
Perske Louis J $990,000 Old Republic Title Company
Koontz Merril Dean -- --
Koontz Merril Dean -- Fidelity National Title Co
Koontz Merril Dean -- --
Cosentino Isidoro Fred -- --
Cosentino Isidoro Fred -- --
Ogrady Kathryn $259,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faria Family Living Trust $417,000
Previous Owner Perske Louis J $200,000
Previous Owner Koontz Merril Dean $53,700
Previous Owner Ogrady Kathryn $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $800,000 -9.0% $415 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/03/2016 02/03/16 Price Changed $879,000 -2.2% $456 / Sq Ft
11/15/2015 11/15/15 Price Changed $899,000 -2.7% $466 / Sq Ft
09/24/2015 09/24/15 Price Changed $924,000 -2.6% $479 / Sq Ft
08/07/2015 08/07/15 For Sale $949,000 -- $492 / 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 $10,085 $947,032 $473,516 $473,516
2024 $10,085 $928,464 $464,232 $464,232
2023 $9,869 $910,260 $455,130 $455,130
2022 $9,731 $892,412 $446,206 $446,206
2021 $9,589 $874,914 $437,457 $437,457
2020 $9,225 $865,944 $432,972 $432,972
2019 $9,681 $848,966 $424,483 $424,483
2018 $9,370 $832,320 $416,160 $416,160
2017 $8,677 $816,000 $408,000 $408,000
2016 $8,449 $800,000 $505,000 $295,000
2015 $8,717 $825,000 $521,000 $304,000
2014 $6,593 $622,000 $393,000 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81499010

MLSListings

APN: 001-094-001-000