NOT LISTED FOR SALE

Estimated Value: $1,067,000 - $1,151,735

2 Beds
2 Baths
1,204 Sq Ft
$930/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $996,000 $827 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,843/month

60 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Victorian Architecture
  • Monterey High School Rated A
  • Vaulted Ceiling
  • Quartz Countertops

About This Home

As of October 2023

Set on a quiet street at the top of the hill, 718 Lottie Street welcomes you in with tons of charm and casual elegance. From the moment you walk inside, you'll be enveloped in an abundance of natural light coming through the large picture windows in the front of the house and the French doors leading you to the backyard. With an air of coastal luxury, the family room is the perfect spot to sit and relax by a roaring fire while enjoying the ocean breeze. Prepare your favorite meal in the galley kitchen with granite counters and a bay window. The primary suite retreat boasts an ambience that will make you feel like you are on vacation every day; fireplace, sitting area and balcony will transport you to a place of calm and serenity. The private backyard is the perfect spot to enjoy the sun under the canopy of the large corner tree and the wrap-around vines. Walk to the neighborhood bakeries and restaurants or bike to the beach, an amenity provided by the prime location of this property.

Last Agent to Sell the Property

Joy Jacobs

KW Coastal Estates License #70003531 Listed on: 07/27/2023

KW Coastal Estates

Last Buyer's Agent

Jacqueline Adams

Sotheby’s International Realty License #01702965

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,883

Year Built

  • Built in 1932

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family or Dining Combination
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 001-201-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,883

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Age: 91
  • Listing Class: Residential
  • Structure Sq Ft: 1204
  • Year Built: 1932
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Insert, Primary Bedroom, Wood Burning
  • Dining Room: Dining Area in Family Room, Eat in Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 1204
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Primary Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Stone, Tile, Travertine
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-201-013-000
  • Lot Acres: 0.0700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3049.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3049.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Nov 28, 2023
Sold by
Waterson Jennifer
Bought by
J Waterson Trust and Waterson
Seller's Agent
Joy Jacobs
KW Coastal Estates
Buyer's Agent
Jacqueline Adams
Sotheby’s International Realty
List Price
$1,110,000
Sold Price
$996,000
Premium/Discount to List
-$114,000
-10.27%
Views
376
Current Estimated Value
$1,089,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,520
Avg. Annual Appreciation
4.98%

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 3, 2023
Sold by
Stempson Living Trust
Bought by
Waterson Jennifer
Seller's Agent
Joy Jacobs
KW Coastal Estates
Buyer's Agent
Jacqueline Adams
Sotheby’s International Realty
List Price
$1,110,000
Sold Price
$996,000
Premium/Discount to List
-$114,000
-10.27%
Views
376

Purchase Details

Closed on
Dec 20, 2017
Sold by
Stempson Kenneth C and Stempson Susan M
Bought by
Stempson Kenneth C and Stempson Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2017
Sold by
Stempson Kenneth C and Stempson Susan M
Bought by
Stempson Kenneth C and Stempson Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2009
Sold by
Stempson Kenneth C and Stempson Susan M
Bought by
Stempson Kenneth C and Stempson Susan M

Purchase Details

Closed on
May 29, 2001
Sold by
Oberlander Jonathan S and Burns Oberlander Bonnie
Bought by
Stempson Kenneth C and Stempson Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 21, 1999
Sold by
Crist Allen Bruce and Crist Joanne C
Bought by
Oberlander Jonathan S and Burns Overlander Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 11, 1994
Sold by
Calhoun Michael
Bought by
Calhoun Teres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.62%

Purchase Details

Closed on
Feb 9, 1994
Sold by
Calhoun Teres and Moldenhauer Teres
Bought by
Crist Allen Bruce and Crist Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.62%
Source: Public Records

Range of Values:

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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
J Waterson Trust -- None Listed On Document
Waterson Jennifer $996,000 Old Republic Title Company
Stempson Kenneth C -- Members Title Co Of Californ
Stempson Kenneth C -- Equity National Title
Stempson Kenneth C -- None Available
Stempson Kenneth C $386,000 Old Republic Title Company
Oberlander Jonathan S $234,545 First American Title
Calhoun Teres -- Stewart Title
Crist Allen Bruce $172,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stempson Kenneth C $425,250
Previous Owner Stempson Kenneth C $400,000
Previous Owner Stempson Kenneth C $345,500
Previous Owner Stempson Kenneth C $275,000
Previous Owner Stempson Kenneth C $275,000
Previous Owner Oberlander Jonathan S $250,000
Previous Owner Oberlander Jonathan S $188,000
Previous Owner Crist Allen Bruce $115,000
Closed Oberlander Jonathan S $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $996,000 0.0% $827 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $996,000 -8.5% $827 / Sq Ft
08/09/2023 08/09/23 Price Changed $1,089,000 -1.9% $904 / Sq Ft
07/27/2023 07/27/23 For Sale $1,110,000 -- $922 / 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 $10,883 $1,015,920 $663,000 $352,920
2024 $10,883 $996,000 $650,000 $346,000
2023 $6,703 $610,309 $405,526 $204,783
2022 $6,611 $598,343 $397,575 $200,768
2021 $6,516 $586,612 $389,780 $196,832
2020 $6,270 $580,598 $385,784 $194,814
2019 $6,579 $569,215 $378,220 $190,995
2018 $6,317 $558,054 $370,804 $187,250
2017 $5,852 $547,113 $363,534 $183,579
2016 $5,748 $536,386 $356,406 $179,980
2015 $5,666 $528,330 $351,053 $177,277
2014 $5,295 $492,000 $327,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81936382

MLSListings

APN: 001-201-013-000