NOT LISTED FOR SALE

7552 Monterra Ranch Rd Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $801,000 - $1,422,000

5.09 Acres
$204,830 Price per Acre
221,720 Sq Ft Lot

Last Sold January 16, 2024

Last sale price $849,000

Est. 23% increase in value since last sale

Current estimated payment $6,252/month

Highlights

  • 5.09 Acre Lot
  • Mountain View
  • Gentle Sloping Lot
  • Monterey High School Rated A

About This Lot

As of January 2024

Come to Monterra Ranch and create everything youve always wanted in a home but were unable to find. This south facing Monterra home site is located in a nature rich, peaceful environment on over 5 acres of gently rolling terrain with a 1.61 acre building envelope that enjoys tranquil views of a verdant ridgeline and adjacent hillsides. Monterra Ranch is a sun drenched community located behind secure gates minutes from award winning restaurants and wineries, Carmel-by-the-Sea shopping, galleries, cultural events and beaches, hiking and biking trails, world renowned golf courses, regional airport and raceway. A social membership to Tehama Golf Club is included with the sale where members enjoy fine and casual dining, social events throughout the year, a fully appointed fitness center with two pools and spa, tennis courts, weight room with personal trainers and organized exercise classes. Monterra is conveniently located close to all the peninsula has to offer, yet it is worlds away.

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 01/16/2024

Last Buyer's Agent

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 01/16/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,979

Lot Details

  • 5.09 Acre Lot
  • Gentle Sloping Lot

Property Views

  • Mountain
  • Hills
  • Forest

Community Details

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, management fee, reserves, security service
  • Monterra Ranch HOA

Property Details

Property Type

Land

Est. Annual Taxes

$6,979

Lot Details

0

Listing Details

  • Zoning: RDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Architectural Review Committee, Design Review Required, Final Map Filed, Map Recorded, May Not Be Subdivided, Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Forest / Woods, Hills, Mountains

Condo/Co-op/Association

  • HOA Fees: 450
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 5.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 221720.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 221720.40
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Jan 10, 2024
Sold by
Aes Trust
Bought by
Patel Vijay
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Canning Properties
Sotheby’s International Realty
Sold Price
$849,000
Views
7
Current Estimated Value
$1,042,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,586
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Jun 2, 2022
Sold by
Aes Trust
Bought by
Aes Trust

Purchase Details

Listed on
Sep 4, 2014
Closed on
Jun 12, 2015
Sold by
Anderson Homes
Bought by
The Wesely & Janice Callahan Trust
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Aug 18, 2009
Sold by
Fogel Joseph P and Fogel Susan C
Bought by
Anderson Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 7, 2005
Sold by
Mcgraw Kevin R and Mcgraw Jennifer
Bought by
Fogel Joseph P and Fogel Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,200
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2003
Sold by
Monterra Ranch Properties Llc
Bought by
Mcgraw Kevin R and Mcgraw Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.14%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patel Vijay $849,000 Chicago Title
Aes Trust -- Chicago Title
The Wesely & Janice Callahan Trust $700,000 Old Republic Title Company
Anderson Homes -- Chicago Title Company
Fogel Joseph P $1,200,000 Chicago Title
Montera Ranch Properties Llc -- Chicago Title
Mcgraw Kevin R -- Chicago Title
Mcgraw Kevin R $1,075,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Homes $760,000
Previous Owner Fogel Joseph P $551,200
Previous Owner Mcgraw Kevin R $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $849,000 +21.3% --
01/16/2024 01/16/24 Pending -- -- --
06/19/2015 06/19/15 Sold $700,000 -11.9% --
05/18/2015 05/18/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $795,000 -- --
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 $6,979 $865,980 $865,980 --
2024 $6,979 $849,000 $849,000 --
2023 $6,908 $637,500 $637,500 $0
2022 $8,636 $625,000 $625,000 $0
2021 $8,510 $777,224 $777,224 $0
2020 $8,185 $769,255 $769,255 $0
2019 $8,598 $754,172 $754,172 $0
2018 $8,250 $739,385 $739,385 $0
2017 $7,634 $724,888 $724,888 $0
2016 $7,497 $710,675 $710,675 $0
2015 $8,501 $805,522 $805,522 $0
2014 -- $789,743 $789,743 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Canning Properties

    Sotheby’s International Realty

    (831) 238-5535

    7 in this area

    225 Total Sales

    Canning Properties
    Section Image
  • Mike Jashinski

    Seller's Agent in 2015

    Mike Jashinski

    Sotheby’s International Realty

    (831) 625-2075

    28 in this area

    52 Total Sales

    Mike Jashinski
    Section Image
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Map

Source: MLSListings

MLS Number: ML81951571

MLSListings

APN: 259-101-121-000

California Monterey County Monterey 93923 Laguna Seca/Ryan Ranch

7552 Monterra Ranch Rd, Monterey, CA

This home is located at 7552 Monterra Ranch Rd, Monterey, CA 93940 since 16 January 2024 and is currently estimated at $1,042,586. 7552 Monterra Ranch Rd is a home located in Monterey County with nearby schools including Foothill Elementary School, Monte Vista Elementary School, and Monterey High School.

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