NOT LISTED FOR SALE

Estimated Value: $1,019,000 - $1,228,000

2 Beds
1 Bath
1,091 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $958,000 $878 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,251/month

40 Days on Market

Highlights

  • Breakfast Bar
  • Forced Air Heating System
  • 1-Story Property
  • Monterey High School Rated A
  • Combination Dining and Living Room
  • 3-minute walk to Oak Newton Park

About This Home

As of March 2024

Discover the epitome of coastal living in this charming 2-bedroom home nestled in the heart of Monterey. Boasting a cozy ambiance, the residence welcomes you with gleaming hardwood floors throughout, creating a warm and inviting atmosphere. The open-concept kitchen is a focal point, providing an ideal space for entertaining guests. Situated in an amazing location, just moments away from iconic Cannery Row, the scenic recreational trail, and the renowned Defense Language Institute, this property offers unparalleled convenience. Whether you seek leisurely strolls along the waterfront or cultural experiences at DLI, this home provides a perfect blend of comfort and accessibility. Immerse yourself in the beauty of Monterey and make this delightful residence your haven for seaside living.

Last Agent to Sell the Property

The C Group

Real Brokerage Technologies License #70010221 Listed on: 01/02/2024

Last Buyer's Agent

Laura Waltz

Intero Real Estate Services License #02108117

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 4,199 Sq Ft Lot

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat

Listing and Financial Details

  • Assessor Parcel Number 001-148-018-000

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1091
  • Year Built: 1982
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Pellet Stove
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Living Sq Ft: 1091
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Lot Info

  • Parcel Number: 001-148-018-000
  • Lot Acres: 0.0964
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4200.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 11, 2024
Sold by
Kelley Tanya L and Kelley Thomas E
Bought by
Martin Hochroth And Nanci J Hochroth Revocabl and Hochroth
Seller's Agent
The C Group
Real Brokerage Technologies
Buyer's Agent
Laura Waltz
Intero Real Estate Services
List Price
$995,000
Sold Price
$958,000
Premium/Discount to List
-$37,000
-3.72%
Views
126
Current Estimated Value
$1,109,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,700
Avg. Annual Appreciation
8.59%
Original Mortgage
$718,500
Outstanding Balance
$706,860
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$403,379

Purchase Details

Closed on
Jan 12, 2011
Sold by
Valleau Nora and Valleau Tracy
Bought by
Kelley Tanya L and Kelley Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,360
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2004
Sold by
Valleau Nora
Bought by
Valleau Nora and Valleau Tracy

Purchase Details

Closed on
Sep 4, 2002
Sold by
Valleau Tracy
Bought by
Valleau Nora and Partido Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.37%

Purchase Details

Closed on
Jun 26, 1995
Sold by
Partido Juan and Partido Esmerenciana
Bought by
Valleau Tracy and Partido Nora

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
7.88%
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
Martin Hochroth And Nanci J Hochroth Revocabl $958,000 Old Republic Title Company
Kelley Tanya L $384,500 Old Republic Title Company
Valleau Nora -- --
Valleau Nora -- Fidelity Title
Valleau Tracy -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Hochroth And Nanci J Hochroth Revocabl $718,500
Previous Owner Kelley Tanya L $307,360
Previous Owner Valleau Nora $360,000
Previous Owner Valleau Tracy $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $958,000 -1.7% $878 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $975,000 -2.0% $894 / Sq Ft
01/02/2024 01/02/24 For Sale $995,000 +3.9% $912 / Sq Ft
01/02/2024 01/02/24 Off Market $958,000 -- --
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 $5,389 $977,160 $714,000 $263,160
2024 $5,389 $958,000 $700,000 $258,000
2023 $5,205 $473,106 $246,281 $226,825
2022 $5,133 $463,830 $241,452 $222,378
2021 $5,059 $454,736 $236,718 $218,018
2020 $4,868 $450,074 $234,291 $215,783
2019 $5,027 $441,250 $229,698 $211,552
2018 $4,826 $432,599 $225,195 $207,404
2017 $4,470 $424,118 $220,780 $203,338
2016 $4,389 $415,802 $216,451 $199,351
2015 $4,326 $409,557 $213,200 $196,357
2014 $4,250 $401,535 $209,024 $192,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950379

MLSListings

APN: 001-148-018-000