NOT LISTED FOR SALE

7108 Oak Tree Place Monterey, CA 93940

Fisherman's Flats/Josselyn Canyon Neighborhood

Estimated Value: $1,063,000 - $1,268,000

3 Beds
2.5 Baths
1,677 Sq Ft
$694/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2023

Last sale price $372,199 $222 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $6,627 / mo

11 Days on Market

Highlights

  • Below Market Rate Unit
  • Bay View
  • Main Floor Primary Bedroom
  • Monterey High School Rated A
  • Soaking Tub in Primary Bathroom
  • 1 Fireplace

About This Home

As of December 2023

Below market Inclusionary housing by the County of Monterey. First time local Buyers with income limits depending on household size. 3 People $108,450, 4 people $120,500, 5 people $130,150. This 3BR 2.5BA home has a large kitchen with breakfast area with windows toward the Ocean. Living room and formal dining room with sliding door to back patio that wraps around left side of the house next to garage. Primary bedroom is on the first floor with vaulted ceilings, walk in closet on the way to bathroom that has large tub with shower, double sinks and private toilet room. Upstairs bedrooms have best water and City lights views. Private location away from other homes. 25 People on waiting list have first option to buy

Last Agent to Sell the Property

Dean Provence

Sotheby’s International Realty License #00833476 Listed on: 10/31/2023

Last Buyer's Agent

Wendy Fernandez

eXp Realty of California Inc License #02141408

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 4,038 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,677 Sq Ft Home
  • High Ceiling
  • 1 Fireplace
  • Bay Views
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Built by Montera ranch

Listing and Financial Details

  • Below Market Rate Unit
  • Assessor Parcel Number 259-121-003-000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

4,038 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Below Market Rate Unit
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 83
  • Structure Sq Ft: 1677
  • Complex Name: Montera ranch
  • Incorporated: Yes
  • Year Built: 1997
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L", Eat in Kitchen
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1677
  • Bedrooms: Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: In Garage
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Oversized Tub, Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Wood
  • Property Faces: Northwest
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Site Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Lot Info

  • Parcel Number: 259-121-003-000
  • Lot Acres: 0.0927
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4039.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4039.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Dec 13, 2023
Sold by
Bought by
Seller's Agent
Dean Provence
Sotheby’s International Realty
Buyer's Agent
Wendy Fernandez
eXp Realty of California Inc
List Price
$372,199
Sold Price
$372,199
Views
159
Current Estimated Value
$1,163,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,908
Avg. Annual Appreciation
57.74%
Interest Rate
7.5%

Purchase Details

Closed on
Aug 2, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 10, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,450
Interest Rate
7.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$372,500 Chicago Title
-- First American Title Company
-- First American Title Company
$2,110,335 None Available
-- Alliance Title Company
-- Alliance Title Company
-- --
$170,500 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Open $353,589
Previous Owner $152,000
Previous Owner $150,000
Previous Owner $153,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $372,199 0.0% $222 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/02/2023 11/02/23 Off Market $372,199 -- --
10/31/2023 10/31/23 For Sale $372,199 -- $222 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,576 $379,642 $153,000 $226,642
2024 $4,576 $372,199 $150,000 $222,199
2023 $3,418 $372,199 $150,000 $222,199
2022 $3,420 $256,520 $135,408 $121,112
2021 $3,336 $251,491 $132,753 $118,738
2020 $3,209 $248,913 $131,392 $117,521
2019 $3,334 $244,033 $128,816 $115,217
2018 $3,027 $239,249 $126,291 $112,958
2017 $2,832 $234,559 $123,815 $110,744
2016 $2,786 $229,961 $121,388 $108,573
2015 $2,751 $226,508 $119,565 $106,943
2014 $2,709 $222,072 $117,223 $104,849
Source: Public Records

Agents Affiliated with this Home

  • Dean Provence

    Seller's Agent in 2023

    Dean Provence

    Sotheby’s International Realty

    (831) 277-8622

    1 in this area

    71 Total Sales

    Dean Provence
    Section Image

  • W

    Buyer's Agent in 2023

    Wendy Fernandez

    eXp Realty of California Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81946609

MLSListings

APN: 259-121-003-000

California Monterey County Monterey 93940 Fisherman's Flats/Josselyn Canyon

7108 Oak Tree Place, Monterey, CA

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