NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,661,000

4 Beds
3 Baths
2,433 Sq Ft
$604/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $827,000 $340 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,852/month

133 Days on Market

Highlights

  • Bay View
  • Deck
  • Wood Flooring
  • Monterey High School Rated A
  • Traditional Architecture
  • Attic

About This Home

As of October 2017

PRICED REDUCED!! Conveniently located in New Monterey, close to Cannery Row and DLI and Pacific Grove shopping, this property boasts a 3 bed/2 bath newly painted main level with ocean views from the kitchen and dining room. The lower level has an additional bedroom and bath plus a family room that could make a great guest quarters. A balcony off the living room wraps around the front of the property. Other amenities include a large 2 car garage with extra storage space and a workshop with newly replaced garage doors. The yard includes fresh landscaping in the front and mature apple trees in the backyard. A new roof, gutters and drainage system were installed in 2015.

Last Agent to Sell the Property

Monterey Peninsula Home Team

KW Coastal Estates License #70000352 Listed on: 04/21/2017

KW Coastal Estates

Last Buyer's Agent

Alain Pinel

Coldwell Banker Res. R.E. Svcs License #00583862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,097

Year Built

  • 1963

Lot Details

  • 5,009 Sq Ft Lot
  • Level Lot
  • Home is located at a T-Intersection
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,433 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Workshop
  • Bay Views
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,097

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 54
  • Listing Class: Residential
  • Structure Sq Ft: 2433
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Oven - Built-In, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2433
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Attic, In-Law Unit, Laundry Room, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower And Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Electric, Fireplace, Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level, T-Intersection
  • Lot Acres: 0.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00
  • Soil: Unknown

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Sep 29, 2017
Sold by
Difranco Claude P and Di Franco Judith L
Bought by
Shahkaram Malik and Shahkaram Mieko
Seller's Agent
Monterey Peninsula Home Team
KW Coastal Estates
Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs
List Price
$867,500
Sold Price
$827,000
Premium/Discount to List
-$40,500
-4.67%
Current Estimated Value
$1,470,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,274
Avg. Annual Appreciation
7.28%
Original Mortgage
$775,459
Outstanding Balance
$649,969
Interest Rate
3.86%
Mortgage Type
VA
Estimated Equity
$789,613

Purchase Details

Listed on
Aug 28, 2015
Closed on
Nov 12, 2015
Sold by
Beebe Jerry and The Copeland Family Living Tru
Bought by
Difranco Claude P and Di Franco Judith L
Seller's Agent
Kim DiBenedetto
Coldwell Banker Realty
Buyer's Agent
Monterey Peninsula Home Team
Coldwell Banker Realty
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$312,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Shahkaram Malik $827,000 Chicago Title Company
Difranco Claude P $690,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahkaram Malik $102,000
Open Shahkaram Malik $775,459
Previous Owner Difranco Claude P $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $827,000 -1.4% $340 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/21/2017 08/21/17 Price Changed $839,000 -3.3% $345 / Sq Ft
07/31/2017 07/31/17 For Sale $867,500 0.0% $357 / Sq Ft
07/31/2017 07/31/17 Price Changed $867,500 +4.9% $357 / Sq Ft
07/06/2017 07/06/17 Off Market $827,000 -- --
06/13/2017 06/13/17 Price Changed $849,500 -1.8% $349 / Sq Ft
05/19/2017 05/19/17 Price Changed $865,000 -1.1% $356 / Sq Ft
04/21/2017 04/21/17 For Sale $875,000 +26.8% $360 / Sq Ft
11/24/2015 11/24/15 Sold $690,000 0.0% $284 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $690,000 -- $284 / 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 $10,097 $940,979 $603,047 $337,932
2024 $10,097 $922,529 $591,223 $331,306
2023 $9,881 $904,441 $579,631 $324,810
2022 $9,746 $886,708 $568,266 $318,442
2021 $9,604 $869,323 $557,124 $312,199
2020 $9,241 $860,410 $551,412 $308,998
2019 $9,699 $843,540 $540,600 $302,940
2018 $9,311 $827,000 $530,000 $297,000
2017 $7,498 $703,800 $408,000 $295,800
2016 $7,365 $690,000 $400,000 $290,000
2015 $4,517 $419,164 $192,484 $226,680
2014 $1,126 $96,910 $31,210 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81647940

MLSListings

APN: 001-184-011-000