NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,019,000

2 Beds
2.5 Baths
1,463 Sq Ft
6,970 Sq Ft Lot

Last Sold June 21, 2012

Last sale price $320,000 $219 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $5,639/month

77 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Sauna
  • Monterey High School Rated A
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of June 2012

Downtown Monterey living at its most convenient! Rarely available, large 2 bed, 2.5 bath in the heart of Monterey. Vaulted ceilings, 2 fireplaces. 3 outdoor decks. Underground secure parking. Community hot tub.

Last Agent to Sell the Property

Malone Hodges

Monterey Coast Realty License #70002601 Listed on: 02/03/2012

Last Buyer's Agent

Gin Weathers

Sotheby’s International Realty License #01295292

Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,387

Year Built

  • Built in 1982

Lot Details

  • Security Fence

Parking

  • 1 Car Garage
  • Guest Parking
  • Off-Street Parking

Interior Spaces

  • 1,463 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Gas Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bidet
  • Bathtub
  • Walk-in Shower

Utilities

  • Zoned Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 001-604-014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, reserves, roof, common area electricity, exterior painting, fencing, garbage, insurance -

Amenities

  • Sauna
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,387

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 30
  • Sale Price Per Sq Ft: 218.73
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1463
  • Incorporated: Yes
  • Map Book Page: 1133
  • Map Side Coordinate: 3
  • Map Top Coordinate: H
  • Thomas Bros Page: 1133
  • Thomas Brothers: H3
  • Year Built: 1982
  • Zoning Description: R-2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Yes, Wood Burning, Gas Starter
  • Dining Room: No Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Ovens - 2+, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1463
  • Stories: 2
  • Security: Security Gate, Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Bidet, Tubs - 2+, Stall Shower - 2+

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Heating - 2+ Zones, Electric

Condo/Co-op/Association

  • HOA Fees: 435
  • HOA Amenities: Additional Storage, Sauna / Spa / Hot Tub
  • HOA Documents: Bylaws, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Reserves, Roof, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - None
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-604-014
  • List Price per Sq Ft: 227.63
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1463.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1463.00
  • Lot Size Area Min Search: 1463.00
  • Maximum Lot Size: 1463.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2014
Sold by
Mazik Gin Christopher Michael and Mazik Gin Martina
Bought by
2014 Gin Revocable Trust
Current Estimated Value
$954,766

Purchase Details

Listed on
Feb 3, 2012
Closed on
May 22, 2012
Sold by
U S Bank National Association
Bought by
Mazik Gin Christopher Michael and Mazik Gin Martina
Seller's Agent
Malone Hodges
Monterey Coast Realty
Buyer's Agent
Gin Weathers
Sotheby’s International Realty
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$256,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
Sold by
Engelsen Karen
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 18, 2006
Sold by
Prudential Relocation Inc
Bought by
Engelson Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2005
Sold by
Heidorn Mark H and Heidorn Priscilla R
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Aug 1, 2002
Sold by
Heidorn Mark H and Heidorn Priscilla R
Bought by
Heidorn Mark H and Heidorn Priscilla R

Purchase Details

Closed on
Jul 12, 1999
Sold by
Peterson Gregg E and Peterson Martha E
Bought by
Heidorn Mark H and Heidorn Priscilla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Peterson Gregg E and Peterson Martha E
Bought by
Peterson Gregg E and Peterson Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
4.25%
Source: Public Records

Range of Values:

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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
2014 Gin Revocable Trust -- None Available
Mazik Gin Christopher Michael $320,000 Multiple
U S Bank National Association $405,108 Servicelink
Engelson Karen $650,000 Fidelity Title
Prudential Relocation Inc -- Fidelity Title
Heidorn Mark H -- --
Heidorn Mark H $350,000 First American Title
Peterson Gregg E -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2014 Gin Revocable Trust $375,000
Closed Mazik Gin Christopher Michael $256,000
Previous Owner Engelson Karen $97,500
Previous Owner Engelson Karen $520,000
Previous Owner Heidorn Mark H $224,000
Previous Owner Heidorn Mark H $230,000
Previous Owner Peterson Gregg E $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2012 06/21/12 Sold $320,000 -3.9% $219 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
03/20/2012 03/20/12 Price Changed $333,025 -5.0% $228 / Sq Ft
02/28/2012 02/28/12 Price Changed $350,550 -5.0% $240 / Sq Ft
02/03/2012 02/03/12 For Sale $369,000 -- $252 / 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 $4,387 $401,925 $213,524 $188,401
2024 $4,387 $394,045 $209,338 $184,707
2023 $4,220 $386,320 $205,234 $181,086
2022 $4,085 $378,746 $201,210 $177,536
2021 $4,024 $371,320 $197,265 $174,055
2020 $3,871 $367,514 $195,243 $172,271
2019 $4,061 $360,309 $191,415 $168,894
2018 $3,897 $353,245 $187,662 $165,583
2017 $3,607 $346,320 $183,983 $162,337
2016 $3,541 $339,530 $180,376 $159,154
2015 $3,489 $334,431 $177,667 $156,764
2014 $3,427 $327,881 $174,187 $153,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81204286

MLSListings

APN: 001-604-014-000