NOT LISTED FOR SALE

Estimated Value: $1,491,000 - $1,702,000

3 Beds
2.5 Baths
1,942 Sq Ft
$816/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $1,400,000 $721 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,141/month

3 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Monterey High School Rated A
  • Contemporary Architecture
  • Soaking Tub in Primary Bathroom

About This Home

As of May 2021

This lovely home sits high on top of the hill with a splendid view of Monterey Bay. Only 20 years new and one owner, lightly used and well cared for with a spacious open floor plan perfect for entertaining. Beautiful custom built with light filled rooms, hardwood floors, rich granite counter tops, travertine tile, and stainless appliances. The master suite has the best view in the home, you will enjoy waking up to the beautiful sunrise over the bay. The private back patio is ideal for barbecuing, afternoon tea, or cocktails at sunset. This home is conveniently located above Cannery Row, the Monterey Bay Aquarium, shopping, restaurants, walking path, beaches, and schools.

Last Agent to Sell the Property

Julie Davis

Coldwell Banker Realty License #00930161 Listed on: 04/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Arleen Hardenstein

Sotheby’s International Realty License #01710953

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,087

Year Built

  • 2001

Lot Details

  • 5,001 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Lot Sloped Up
  • Mostly Level
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Bay
  • City Lights

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Countertops In Bathroom
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,087

Year Built

2001

Lot Details

0

Parking

2

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Dining Area In Living Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Gas, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1942
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Stone, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, City Lights
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Low Maintenance
  • Fencing: Gate, Partial Fencing
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Monterey Peninsula Unified
  • High School: Monterey High
  • High School: 545

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Up, Views
  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 5, 2021
Sold by
Ferrera Richard and Ferrera Georgene
Bought by
Rikimaru Scott and Rikimaru Susan B
Seller's Agent
Julie Davis
Coldwell Banker Realty
Buyer's Agent
Arleen Hardenstein
Sotheby’s International Realty
List Price
$1,330,000
Sold Price
$1,400,000
Premium/Discount to List
$70,000
5.26%
Current Estimated Value
$1,584,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,501
Avg. Annual Appreciation
3.60%
Original Mortgage
$300,000
Outstanding Balance
$273,028
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,356,176

Purchase Details

Closed on
Feb 23, 2009
Sold by
Ferrera Richard and Ferrera Georgene
Bought by
Ferrera Richard and Ferrera Georgene

Purchase Details

Closed on
Mar 8, 2001
Sold by
Flores Paul H and Flores Hermelinda
Bought by
Ferrera Richard and Ferrera Georgene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rikimaru Scott $1,400,000 Chicago Title Company
Ferrera Richard -- None Available
Ferrera Richard $825,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rikimaru Scott $300,000
Previous Owner Ferrera Richard $200,000
Previous Owner Ferrera Richard $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $1,400,000 +5.3% $721 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,330,000 -- $685 / 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 $6,087 $565,982 $323,419 $242,563
2024 $6,087 $554,885 $317,078 $237,807
2023 $5,911 $544,006 $310,861 $233,145
2022 $5,829 $533,340 $304,766 $228,574
2021 $11,436 $522,884 $298,791 $224,093
2020 $10,914 $1,025,000 $652,000 $373,000
2019 $11,286 $990,000 $630,000 $360,000
2018 $10,491 $940,000 $598,000 $342,000
2017 $9,801 $930,000 $592,000 $338,000
2016 $9,564 $906,000 $577,000 $329,000
2015 $8,938 $846,000 $538,000 $308,000
2014 $6,530 $616,000 $392,000 $224,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81838239

MLSListings

APN: 001-167-029-000