NOT LISTED FOR SALE

640 Devisadero St Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $1,243,000 - $1,695,495

3 Beds
3 Baths
2,063 Sq Ft
$713/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $910,000 $441 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,652/month

18 Days on Market

Highlights

  • Ocean View
  • Deck
  • Den
  • Monterey High School Rated A
  • Victorian Architecture
  • Breakfast Area or Nook

About This Home

As of February 2017

Built in 2003, this Victorian treasure with its elaborate trim and bright colors harkens to an enchanting and romantic era. The custom home features radiant heat, modern and sunny kitchen and baths, three ensuite bedrooms, extra wide entry doors, and plenty of parking and garage space. Beyond the construction is the home's magic; beautiful ocean view decks off the upstairs bedrooms and front and backyard gardens that sprout exotic flora and provide personal surprises of color and twinkle lights. The home is within close proximity to shopping and restaurants. Come visit this one of a kind jewel.

Last Agent to Sell the Property

Marcia Bowhay

Sotheby’s International Realty License #70033877 Listed on: 12/05/2016

Sotheby’s International Realty

Last Buyer's Agent

Marcia Bowhay

Sotheby’s International Realty License #70033877 Listed on: 12/05/2016

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,273 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • 1 Carport Space

Property Views

  • Ocean
  • Bay
  • City
  • Forest

Home Design

  • Victorian Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,063 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Den
  • Storage Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-213-011-000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Listing Class: Residential
  • Structure Sq Ft: 2063
  • Year Built: 2003
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Dishwasher, Oven Range - Built-In, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 2063
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Den / Study / Office, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Bay, City, Forest / Woods, Ocean
  • Yard/Grounds: Back Yard, Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Carport, Detached Garage
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air, Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Lot Info

  • Parcel Number: 001-213-011-000
  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Palazzo Alfred and Palazzo Earnestine
Bought by
Palazzo Alfred and Palazzo Earnestine
Current Estimated Value
$1,471,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,185
Outstanding Balance
$405,752
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,065,872

Purchase Details

Closed on
Sep 12, 2017
Sold by
Palazzo Alfred and Palazzo Earnestine
Bought by
Palazzo Alfred and Palazzo Earnestine

Purchase Details

Listed on
Dec 5, 2016
Closed on
Feb 8, 2017
Sold by
Nordwick Larry
Bought by
Palazzo Alfred and Palazzo Earnestine
Seller's Agent
Marcia Bowhay
Sotheby’s International Realty
Buyer's Agent
Marcia Bowhay
Sotheby’s International Realty
List Price
$923,000
Sold Price
$910,000
Premium/Discount to List
-$13,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$460,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Shea Timothy H and Shea Karen J
Bought by
Nordwick Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1996
Sold by
Jones Berta
Bought by
Shea Timothy H and Shea Karen J

Purchase Details

Closed on
Jul 27, 1994
Sold by
Jones Berta and Shoemaker Berta
Bought by
Jones Berta
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
Palazzo Alfred -- Ticor Title
Lockridge Tricia Palazzo -- Ticor Title
Palazzo Alfred -- None Available
Palazzo Alfred $910,000 Old Republic Title Company
Nordwick Larry $819,000 Stewart Title
Shea Timothy H $148,000 Stewart Title
Jones Berta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Alfred $456,185
Closed Palazzo Alfred $460,000
Previous Owner Nordwick Larry $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2017 02/22/17 Sold $910,000 -1.4% $441 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $923,000 -- $447 / 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 $11,305 $1,056,126 $493,245 $562,881
2024 $11,305 $1,035,419 $483,574 $551,845
2023 $11,118 $1,015,118 $474,093 $541,025
2022 $10,966 $995,215 $464,798 $530,417
2021 $10,807 $975,702 $455,685 $520,017
2020 $11,024 $965,698 $451,013 $514,685
2019 $11,475 $946,764 $442,170 $504,594
2018 $10,806 $928,200 $433,500 $494,700
2017 $9,632 $910,000 $556,000 $354,000
2016 $9,374 $884,000 $540,000 $344,000
2015 $9,179 $865,000 $528,000 $337,000
2014 $6,708 $629,000 $384,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • Marcia Bowhay

    Seller's Agent in 2017

    Marcia Bowhay

    Sotheby’s International Realty

    (831) 236-0814

    25 Total Sales

    Marcia Bowhay
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Map

Source: MLSListings

MLS Number: ML81633273

MLSListings

APN: 001-213-011-000

California Monterey County Monterey 93940 New Monterey

640 Devisadero St, Monterey, CA

Not Listed for Sale

Detached

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