NOT LISTED FOR SALE

742 Pheasant Ridge Rd Monterey, CA 93940

Estimated Value: $643,000 - $727,000

2 Beds
2 Baths
1,088 Sq Ft
1,045 Sq Ft Lot

Last Sold September 05, 2013

Last sale price $362,000 $333 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,985/month

87 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Monterey High School Rated A
  • City Lights View
  • Community Pool

About This Home

As of September 2013

This brightly lit tw0 bedroom, two bath penthouse offers wonderful top floor vistas of the oak studded hillsides of Del Rey Oaks. A sunny morning deck on which you can lounge and a cozy fireplace for chilly evenings will remind you why you chose this place. Washer/Dryer is convieniently located inside. Come see and make it your own.

Last Agent to Sell the Property

Karen Jepson

Coldwell Banker Realty License #00900476 Listed on: 04/15/2013

Last Buyer's Agent

Colleen Yaklich

Shankle Real Estate License #01001845

Shankle Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 1,045

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,088 Sq Ft Home
  • Fireplace With Gas Starter
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • No Tub in Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • 1 Carport Space
  • Guest Parking
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Additional Features

  • No Common Walls
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 012-614-036

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, common area electricity, exterior painting, insurance - common area, insurance - liability
  • Access Association
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

1,045 Sq Ft Lot

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Sale Price Per Sq Ft: 332.72
  • Listing Class: Residential
  • Structure Sq Ft: 1088
  • Incorporated: Yes
  • Map Book Page: 1134
  • Map Side Coordinate: 4
  • Map Top Coordinate: G
  • Thomas Bros Page: 1134
  • Thomas Brothers: G4
  • Year Built: 1988
  • Zoning Description: 2G
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, Oven - Self Cleaning, 220 Volt Outlet
  • Living Sq Ft: 1088
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, No Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains, Local/Neighborhood, City Lights

Garage/Parking

  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Uncovered Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 280
  • HOA Amenities: Garden / Greenbelt / Trails, Community Pool, Tennis Court / Facility, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Common Area Electricity, Exterior Painting, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Access
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Lot Info

  • Parcel Number: 012-614-036
  • List Price per Sq Ft: 353.86
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1032.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1032.00
  • Lot Size Area Min Search: 1032.00
  • Maximum Lot Size: 1032.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Top Floor or Penthouse, No Common Wall

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Del Rey Woods Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
Aug 1, 2013
Sold by
Livin Garrison Diane L and Livin Diane Garrison Revocable
Bought by
Welch Darla A
Seller's Agent
Karen Jepson
Coldwell Banker Realty
Buyer's Agent
Colleen Yaklich
Shankle Real Estate
List Price
$385,000
Sold Price
$362,000
Premium/Discount to List
-$23,000
-5.97%
Current Estimated Value
$678,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,355
Avg. Annual Appreciation
5.17%
Original Mortgage
$255,000
Outstanding Balance
$188,722
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$489,633

Purchase Details

Closed on
Jan 13, 2003
Sold by
Livin Garrison Diane L and Livin Diane Garrison Revocable
Bought by
Garrison Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.96%

Purchase Details

Closed on
Jun 12, 2001
Sold by
Garrison Diane L
Bought by
Livin Garrison Diane L and Livin Diane Garrison Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Garrison Diane L and The Diane Garrison Revocable L
Bought by
Garrison Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Garrison Diane L
Bought by
Garrison Diane L and The Diane Garrison Revocable L

Purchase Details

Closed on
Jul 7, 1997
Sold by
Garrison Robert D and Garrison Diane L
Bought by
Garrison Diane L
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

Date Buyer Sale Price Title Company
Welch Darla A $362,000 Chicago Title Company
Garrison Diane L -- First American Title
Livin Garrison Diane L -- First American Title
Livin Garrison Diane L -- First American Title
Garrison Diane L -- First American Title
Garrison Diane L -- --
Garrison Diane L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Darla A $255,000
Previous Owner Garrison Diane L $120,000
Previous Owner Garrison Diane L $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2013 09/05/13 Sold $362,000 -6.0% $333 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $385,000 -- $354 / Sq Ft
Source: MLSListings

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 $4,622 $443,750 $214,520 $229,230
2024 $4,622 $435,050 $210,314 $224,736
2023 $4,607 $426,521 $206,191 $220,330
2022 $4,542 $418,159 $202,149 $216,010
2021 $4,475 $409,961 $198,186 $211,775
2020 $4,306 $405,758 $196,154 $209,604
2019 $4,516 $397,803 $192,308 $205,495
2018 $4,335 $390,004 $188,538 $201,466
2017 $4,014 $382,358 $184,842 $197,516
2016 $3,941 $374,862 $181,218 $193,644
2015 $3,884 $369,232 $178,496 $190,736
2014 $3,816 $362,000 $175,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81312128

MLSListings

APN: 012-614-036-000

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