NOT LISTED FOR SALE

720 Pheasant Ridge Rd Monterey, CA 93940

Estimated Value: $498,964 - $536,000

1 Bed
1 Bath
696 Sq Ft
732 Sq Ft Lot Lot

Sale Details

Date Sold: May 31, 2019

Last sale price $399,000 $573 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,523 / mo

180 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Tennis Courts
  • Monterey High School Rated A
  • Sauna
  • Open to Family Room

About This Home

As of May 2019

Step into this sun-drenched, spacious, corner unit with mountain views and plenty of quiet and privacy. With all new hardwood floors, you can add your own touches to the kitchen and bath, or move right in! This sought after community comes with a pool, spa, tennis and common area and offers quick access to the beach, shopping, dining, wine tasting and all that the Monterey Peninsula has to offer.

Last Agent to Sell the Property

Ryan Melcher

Sotheby’s International Realty License #01897036 Listed on: 11/06/2018

Last Buyer's Agent

Ryan Melcher

Sotheby’s International Realty License #01897036 Listed on: 11/06/2018

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 732

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 696 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking

Additional Features

  • In Ground Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 012-614-026-000

Community Details

Overview

  • Association fees include decks, exterior painting, garbage, insurance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof
  • The Oaks In Del Rey Oaks Association
  • Built by The Oaks

Amenities

  • Sauna

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

732 Sq Ft Lot

HOA Fees

$342 per month

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 696
  • Complex Name: The Oaks
  • Year Built: 1988
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Living Sq Ft: 696
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Common Parking Area, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 342
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Decks, Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: The Oaks in Del Rey Oaks
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 012-614-026-000
  • Lot Acres: 0.0168
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 733.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 733.00

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
Nov 6, 2018
Closed on
May 28, 2019
Sold by
Bought by
Seller's Agent
Ryan Melcher
Sotheby’s International Realty
Buyer's Agent
Ryan Melcher
Sotheby’s International Realty
List Price
$405,000
Sold Price
$399,000
Premium/Discount to List
-$6,000
-1.48%
Current Estimated Value
$516,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,741
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Feb 21, 2006
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
$124,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2005
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
$77,600
Interest Rate
5.79%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$399,000 Chicago Title Company Salina
-- Old Republic Title Company
$388,000 First American Title
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
Previous Owner $124,000
Previous Owner $77,600
Previous Owner $310,400
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
05/31/2019 05/31/19 Sold $399,000 0.0% $573 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
12/05/2018 12/05/18 Price Changed $399,000 -1.5% $573 / Sq Ft
11/06/2018 11/06/18 For Sale $405,000 -- $582 / 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 $4,711 $445,088 $306,766 $138,322
2024 $4,711 $436,361 $300,751 $135,610
2023 $4,663 $427,805 $294,854 $132,951
2022 $4,599 $419,418 $289,073 $130,345
2021 $4,531 $411,195 $283,405 $127,790
2020 $4,359 $406,980 $280,500 $126,480
2019 $4,792 $418,000 $215,000 $203,000
2018 $4,357 $388,000 $200,000 $188,000
2017 $4,008 $378,000 $195,000 $183,000
2016 $3,457 $325,000 $168,000 $157,000
2015 $2,711 $254,000 $131,000 $123,000
2014 $2,833 $265,000 $137,000 $128,000
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81730376

MLSListings

APN: 012-614-026-000

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