NOT LISTED FOR SALE

Estimated Value: $1,722,000 - $1,983,000

3 Beds
3 Baths
2,490 Sq Ft
$737/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $1,265,000 $508 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,525/month

2 Days on Market

Highlights

  • Two Primary Bedrooms
  • Skyline View
  • Vaulted Ceiling
  • Monterey High School Rated A
  • Fireplace in Primary Bedroom
  • Marble Flooring

About This Home

As of October 2019

This is a must see, stunning, elegant one level Monte Regio home. Home was rebuilt in 2000. There is a beautifully remodeled master suite with fireplace, sitting room, and custom outfitted walk in closet. Living room has fireplace and French doors which open onto the patio. Gourmet kitchen features cherry wood floors, granite tile countertops, abundant cabinet space, breakfast bar and large pantry. Also featured is a second master suite with full bath. Dining room has fireplace and can be used as formal living room. Nicely landscaped front and back yards, all fenced. Backyard has artist studio, patio and fireplace. Hot tub and the living room TV will remain.Oversized, attached one car garage with work area. This desirable, residential Monterey neighborhood is close to town, Monterey Wharf, restaurants and Tuesday Monterey Farmer's Market.

Last Agent to Sell the Property

Toni Fleming

Sotheby’s International Realty License #00524900 Listed on: 09/26/2019

Last Buyer's Agent

Anita Madison

Coldwell Banker Realty License #01501785

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,664

Year Built

  • Built in 1945

Lot Details

  • 8,102 Sq Ft Lot
  • Kennel or Dog Run
  • Fenced
  • Back Yard

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 2,490 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-462-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,664

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 2490
  • Year Built: 1945
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: Dual Fuel, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 2490
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, More than One Primary Bedroom, More than One Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Skylight, Stall Shower - 2+, Stone, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Dog Run / Kennel, Fenced, Outdoor Fireplace
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-462-015-000
  • Lot Acres: 0.1860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8100.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

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
Jun 11, 2024
Sold by
Costa Living Trust and Costa Chris J
Bought by
Margarita C Levy Trust and Sottung-Valentin Trust
Total Days on Market
2
Current Estimated Value
$1,835,415

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 23, 2019
Sold by
Cannon Richard and Kent Cannon Bette J
Bought by
Costa Chris J and Costa Joni L
Seller's Agent
Toni Fleming
Sotheby’s International Realty
Buyer's Agent
Anita Madison
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,265,000
Premium/Discount to List
$15,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,012,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2015
Sold by
Cannon Richard and Kent Cannon Bette J
Bought by
Richard Cannon & Bette Jean Kent Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 2013
Sold by
Cannon Richard and Kent Cannon Bette J
Bought by
Cannon Richard and Kent Cannon Bette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 2005
Sold by
Cannon Richard and Cannon Bette J Kent
Bought by
Cannon Richard and Kent Cannon Bette J

Purchase Details

Closed on
Aug 1, 2003
Sold by
Cannon Richard and Kent Bette Jean
Bought by
Cannon Richard and Cannon Bette Jean Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
Aiello Ruth I
Bought by
Aiello Jack B and Aiello Anna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
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
Margarita C Levy Trust $1,950,000 First American Title
Costa Chris J $1,265,000 Old Republic Title Company
Richard Cannon & Bette Jean Kent Trust -- Old Republic Title Company
Cannon Richard -- Old Republic Title Company
Cannon Richard -- Chicago Title Company
Cannon Richard -- Chicago Title Company
Cannon Richard -- --
Cannon Richard -- Chicago Title
Cannon Richard -- Chicago Title
Aiello Jack B $375,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costa Chris J $392,500
Previous Owner Costa Chris J $1,012,000
Previous Owner Cannon Richard $500,000
Previous Owner Cannon Richard $575,000
Previous Owner Cannon Richard $80,000
Previous Owner Cannon Richard $752,000
Previous Owner Aiello Jack B $400,000
Previous Owner Aiello Jack B $240,000
Previous Owner Aiello Jack B $386,000
Previous Owner Aiello Jack B $111,000
Previous Owner Aiello Jack B $56,200
Previous Owner Aiello Jack B $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $1,265,000 +1.2% $508 / Sq Ft
09/29/2019 09/29/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $1,250,000 -- $502 / 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 $14,664 $1,291,953 $568,459 $723,494
2023 $14,442 $1,329,739 $735,824 $593,915
2022 $14,242 $1,303,667 $721,397 $582,270
2021 $14,034 $1,278,105 $707,252 $570,853
2020 $13,503 $1,265,000 $700,000 $565,000
2019 $10,883 $951,000 $506,000 $445,000
2018 $12,302 $1,099,000 $585,000 $514,000
2017 $9,926 $938,000 $499,000 $439,000
2016 $9,205 $868,000 $462,000 $406,000
2015 $9,116 $859,000 $457,000 $402,000
2014 -- $805,000 $428,000 $377,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81770132

MLSListings

APN: 001-462-015-000