Seller's Agent in 2022
Bambace Peterson
Compass
(831) 200-3178
5 in this area
184 Total Sales
740 Lily St Monterey, CA 93940
New Monterey NeighborhoodEstimated Value: $878,000 - $943,000
2
Beds
1
Bath
751
Sq Ft
$1,218/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Balcony
- Monterey High School Rated A
- Wood Flooring
- Double Pane Windows
About This Home
As of November 2022This vibrant cottage sits above the Bay in New Monterey. Warm, cheerful, and happy describe 740 Lily. The two bedroom, one bathroom cottage makes a great first home, a move into town, or the perfect second home for an escape on the Monterey Peninsula. The Douglass fir flooring has a rich and vibrant warmth throughout the home. Off one of the bedrooms is a deck that extends the living space into the fenced backyard with a large and private patio. From the home and the yard, there are some peaks of the blue Monterey Bay . The superb location of 740 Lily makes for convenient living and quick outings down to Cannery Row, into Pacific Grove or throughout the rest of the Monterey Peninsula.
Last Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs License #00583862
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,336
Year Built
- Built in 1938
Lot Details
- 3,737 Sq Ft Lot
- Southwest Facing Home
- Wood Fence
- Gentle Sloping Lot
- Grass Covered Lot
- Back Yard Fenced
Property Views
- Ocean
- Bay
- Neighborhood
Home Design
- Bungalow
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 751 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Combination Dining and Living Room
- Washer and Dryer
Kitchen
- Gas Oven
- Tile Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
- Bathtub Includes Tile Surround
- Walk-in Shower
Parking
- 2 Parking Spaces
- No Garage
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Shed
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 001-133-020-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 11, 2024
Sold by
Gorman Christopher and Gorman Linda
Bought by
Gorman Family Trust and Gorman
Current Estimated Value
Purchase Details
Listed on
Jul 22, 2022
Closed on
Nov 21, 2022
Sold by
Ann Marie Beyer Revocable Trust
Bought by
Gorman Christopher and Gorman Linda
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs
List Price
$830,000
Sold Price
$750,000
Premium/Discount to List
-$80,000
-9.64%
Views
151
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$724,256
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Closed on
Aug 6, 2021
Sold by
Beyer Ann M
Bought by
Beyer Ann M and Ann Marie Beyer Revocable Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
1.69%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Sep 12, 2008
Sold by
Cuizon Ruby R
Bought by
Washington Mutual Bank
Purchase Details
Closed on
Nov 7, 1994
Sold by
Anistratenko Tanya
Bought by
Beyer Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,950
Interest Rate
6.75%
Purchase Details
Closed on
Jan 3, 1994
Sold by
Priestly Robert W and Harwood Boyd W
Bought by
Trotter Suzanne H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gorman Family Trust | -- | None Listed On Document | |
| Gorman Christopher | $750,000 | Old Republic Title | |
| Beyer Ann M | -- | None Available | |
| Washington Mutual Bank | $342,000 | None Available | |
| Beyer Ann M | $190,000 | Old Republic Title Company | |
| Trotter Suzanne H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gorman Christopher | $724,256 | |
| Previous Owner | Beyer Ann M | $1,012,500 | |
| Previous Owner | Beyer Ann M | $1,014,750 | |
| Previous Owner | Beyer Ann M | $271,871 | |
| Previous Owner | Beyer Ann M | $40,000 | |
| Previous Owner | Beyer Ann M | $270,000 | |
| Previous Owner | Beyer Ann M | $40,000 | |
| Previous Owner | Beyer Ann M | $201,150 | |
| Previous Owner | Beyer Ann M | $205,000 | |
| Previous Owner | Beyer Ann M | $156,750 | |
| Previous Owner | Beyer Ann M | $31,300 | |
| Previous Owner | Beyer Ann M | $170,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $750,000 | -3.2% | $999 / Sq Ft |
| 10/26/2022 10/26/22 | Pending | -- | -- | -- |
| 10/10/2022 10/10/22 | Price Changed | $775,000 | -6.6% | $1,032 / Sq Ft |
| 09/21/2022 09/21/22 | For Sale | $830,000 | 0.0% | $1,105 / Sq Ft |
| 09/10/2022 09/10/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | For Sale | $830,000 | 0.0% | $1,105 / Sq Ft |
| 09/02/2022 09/02/22 | Price Changed | $830,000 | -2.4% | $1,105 / Sq Ft |
| 08/27/2022 08/27/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $850,000 | -- | $1,132 / 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 | $8,336 | $780,300 | $520,200 | $260,100 |
| 2024 | $8,336 | $765,000 | $510,000 | $255,000 |
| 2023 | $8,136 | $750,000 | $500,000 | $250,000 |
| 2022 | $3,284 | $750,000 | $500,000 | $250,000 |
| 2021 | $3,235 | $294,803 | $139,639 | $155,164 |
| 2020 | $3,114 | $291,781 | $138,208 | $153,573 |
| 2019 | $3,262 | $286,061 | $135,499 | $150,562 |
| 2018 | $3,133 | $280,453 | $132,843 | $147,610 |
| 2017 | $2,903 | $274,955 | $130,239 | $144,716 |
| 2016 | $2,850 | $269,565 | $127,686 | $141,879 |
| 2015 | $2,809 | $265,517 | $125,769 | $139,748 |
| 2014 | $2,760 | $260,317 | $123,306 | $137,011 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2022
Alain Pinel
Coldwell Banker Res. R.E. Svcs
-
P
Buyer's Agent in 2022
Paul Hollingsworth
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81901273
APN: 001-133-020-000
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