NOT LISTED FOR SALE

70 Forest Ridge Rd Unit 5 Monterey, CA 93940

Skyline Forest Neighborhood

Estimated Value: $914,000 - $964,994

2 Beds
2.5 Baths
1,360 Sq Ft
915 Sq Ft Lot

Last Sold February 23, 2016

Last sale price $480,000 $353 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,465/month

8 Days on Market

Highlights

  • Ocean View
  • A-Frame Home
  • Vaulted Ceiling
  • Monterey High School Rated A
  • Deck
  • Beamed Ceilings

About This Home

As of February 2016

Ocean View 2 bedroom, 2.5 bathroom in quiet community. 1 car garage, end unit with fireplace. This one you want to view, second home, down sizing, perfect situation.

Last Agent to Sell the Property

Danette Roberts

Coldwell Banker Realty License #01819711 Listed on: 12/30/2015

Coldwell Banker Realty

Last Buyer's Agent

Toni Fleming

David Lyng Real Estate License #00524900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1977

Lot Details

  • 915

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Marina
  • Bay
  • City Lights
  • Hills
  • Forest

Home Design

  • A-Frame Home
  • Wood Frame Construction

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Carpet
  • Alarm System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, decks, exterior painting, fencing, insurance - common area, insurance - liability, maintenance - common area, maintenance - exterior, maintenance - road, maintenance - unit yard, management fee, reserves, roof
  • 30 Units
  • Hacienda Del Sol HOA
  • Built by Forest Ridge
  • The community has rules related to credit or board approval, parking rules
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 014-151-005-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,685

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: A-Frame
  • Restrictions: Age - No Restrictions, Board / Park Approval, Height Restrictions, Park Rental Restrictions, Parking Restrictions
  • Age: 38
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 30
  • Structure Sq Ft: 1360
  • Complex Name: Forest Ridge
  • Year Built: 1977
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Electric
  • Living Sq Ft: 1360
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Dryer, Washer, Washer / Dryer
  • Flooring: Carpet
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • View: Bay, City, City Lights, Forest / Woods, Hills, Marina, Ocean, Water
  • Yard/Grounds: Balcony / Patio, Deck
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Common Parking Area, Enclosed, Gate / Door Opener, Guest / Visitor Parking, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 375
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Liability, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Maintenance - Unit Yard, Management Fee, Reserves, Roof
  • H O A Name Text: Hacienda Del Sol HOA
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: J. C. Crumpton Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 532
  • Middle School: 37460

Lot Info

  • Parcel Number: 014-151-005-000
  • Lot Acres: 0.0210
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 910.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 910.40
  • Soil: Unknown

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: J. C. Crumpton Elementary
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2015
Closed on
Feb 16, 2016
Sold by
Okubo Miyoko
Bought by
Iwaoka Carol A
Seller's Agent
Danette Roberts
Coldwell Banker Realty
Buyer's Agent
Toni Fleming
David Lyng Real Estate
List Price
$459,000
Sold Price
$480,000
Premium/Discount to List
$21,000
4.58%
Total Days on Market
8
Current Estimated Value
$940,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,499
Avg. Annual Appreciation
7.22%
Original Mortgage
$290,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Okubo Miyoko
Bought by
Okubo Miyoko
Source: Public Records

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Range of Values:

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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
Iwaoka Carol A $480,000 Chicago Title Company
Okubo Miyoko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwaoka Carol A $272,000
Closed Iwaoka Carol A $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2016 02/23/16 Sold $480,000 +4.6% $353 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $459,000 -- $338 / 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
2024 $5,685 $522,258 $174,085 $348,173
2023 $5,502 $512,019 $170,672 $341,347
2022 $5,425 $501,980 $167,326 $334,654
2021 $5,344 $492,139 $164,046 $328,093
2020 $5,155 $487,093 $162,364 $324,729
2019 $5,474 $477,543 $159,181 $318,362
2018 $5,254 $468,180 $156,060 $312,120
2017 $4,864 $459,000 $153,000 $306,000
2016 $1,528 $148,280 $48,760 $99,520
2015 $1,505 $146,054 $48,028 $98,026
2014 $1,478 $143,194 $47,088 $96,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81545714

MLSListings

APN: 014-151-005-000