Seller's Agent in 2024
Tim Allen
Coldwell Banker Realty
(831) 214-1990
4 in this area
351 Total Sales
700 Fernwood Ave Monterey, CA 93940
Monterey Vista NeighborhoodEstimated Value: $2,301,000 - $2,911,000
4
Beds
4.5
Baths
3,059
Sq Ft
$818/Sq Ft
Est. Value
Highlights
- Ocean View
- Fireplace in Primary Bedroom
- Forced Air Heating System
- Monterey High School Rated A
- 3 Car Attached Garage
- Dining Area
About This Home
As of May 2024Located just up the hill from downtown Monterey's fantastic selection of restaurants, shops, and all the activities at Old Fisherman's Wharf, this beautifully renovated modern home and attached junior ADU with views of the bay and surrounding mountains provides all the comforts of home with style. With 4 bedrooms, 4.5 bathrooms, an office, and ~3,000 SqFt of light and bright living space, there is plenty of room to entertain friends and family. Highlights include the gourmet kitchen with a large island and breakfast bar leading out to the living room with fireplace, wet bar, luxurious primary suite with fireplace and steam shower, in-floor heating, 3-car garage, solar panels, mudroom/laundry, and an east-facing deck for watching the sun rise with your morning coffee. The home was built with high-quality construction and finishes, including German cabinetry, lagos azul limestone, marble countertops, and European white oak floors. With Big Sur to the south, and all the amenities of the Monterey Peninsula within a short drive, this beautiful home is ready for its next loving owners to move in and start enjoying this wonderful area.
Last Agent to Sell the Property
Coldwell Banker Realty License #00891159 Listed on: 03/05/2024
Last Buyer's Agent
Joy Jacobs
KW Coastal Estates License #70003531
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,036
Year Built
- Built in 1983
Lot Details
- 9,583
Parking
- 3 Car Attached Garage
Property Views
- Ocean
- Bay
Home Design
- Raised Foundation
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,059 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Additional Features
- 9,583 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 014-031-006-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2024
Closed on
Mar 20, 2024
Sold by
Nettesheim Kathleen Brady and Nette Mark
Bought by
Davol Glenn Tedder Trust and Tedder
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Joy Jacobs
KW Coastal Estates
List Price
$2,735,000
Sold Price
$2,665,000
Premium/Discount to List
-$70,000
-2.56%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$161,310
Avg. Annual Appreciation
-4.55%
Purchase Details
Listed on
Mar 5, 2024
Closed on
Mar 11, 2024
Sold by
Davol Glenn Tedder Trust and Tedder Davol G
Bought by
Tedder Davol G
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Joy Jacobs
KW Coastal Estates
List Price
$2,735,000
Sold Price
$2,665,000
Premium/Discount to List
-$70,000
-2.56%
Views
33
Purchase Details
Closed on
May 2, 2008
Sold by
Brady Kathleen L and Nettesheim Mark J
Bought by
Nettesheim Mark J and Nettesheim Kathleen Brady
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,468,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 2008
Sold by
Nettesheim Mark and Nettesheim Kathleen Brady
Bought by
Nettesheim Mark J and Nettesheim Kathleen L
Purchase Details
Closed on
Apr 26, 2005
Sold by
Sormani Bianca and Sormani Teresa
Bought by
Nettesheim Mark and Nettesheim Kathleen Brady
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 2, 1997
Sold by
Sormani Teresa and Sormani Bianca
Bought by
Sormani Teresa and Sormani Bianca
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davol Glenn Tedder Trust | $2,665,000 | Chicago Title | |
| Tedder Davol G | $400,000 | Chicago Title | |
| Davol Glenn Tedder Trust | $400,000 | Accommodation/Courtesy Recordi | |
| Nettesheim Mark J | -- | Accommodation | |
| Brady Kathleen L | -- | Old Republic Title Company | |
| Nettesheim Mark J | -- | None Available | |
| Nettesheim Mark | $1,200,000 | Old Republic Title | |
| Sormani Teresa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | And Kathleen Brady Nettesheim | $1,150,500 | |
| Previous Owner | Brady Kathleen L | $1,468,000 | |
| Previous Owner | Nettesheim Mark | $960,000 | |
| Previous Owner | Sormani Teresa | $100,000 | |
| Previous Owner | Sormani Teresa | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2024 05/07/24 | Sold | $2,665,000 | -2.6% | $871 / Sq Ft |
| 03/08/2024 03/08/24 | Pending | -- | -- | -- |
| 03/05/2024 03/05/24 | For Sale | $2,735,000 | -- | $894 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $18,036 | $2,718,300 | $867,000 | $1,851,300 |
| 2024 | $18,036 | $2,665,000 | $850,000 | $1,815,000 |
| 2023 | $15,332 | $1,631,438 | $736,878 | $894,560 |
| 2022 | $14,693 | $1,343,000 | $607,000 | $736,000 |
| 2021 | $11,762 | $1,068,000 | $482,000 | $586,000 |
| 2020 | $10,394 | $970,000 | $438,000 | $532,000 |
| 2019 | $13,568 | $1,185,000 | $535,000 | $650,000 |
| 2018 | $12,948 | $1,155,000 | $522,000 | $633,000 |
| 2017 | $10,810 | $1,020,000 | $461,000 | $559,000 |
| 2016 | $10,059 | $947,000 | $428,000 | $519,000 |
| 2015 | $10,865 | $1,023,000 | $462,000 | $561,000 |
| 2014 | $8,292 | $777,000 | $351,000 | $426,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Allen
-
J
Buyer's Agent in 2024
Joy Jacobs
KW Coastal Estates
Map
Source: MLSListings
MLS Number: ML81956369
APN: 014-031-006-000
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