NOT LISTED FOR SALE

Estimated Value: $1,811,000 - $2,059,000

3 Beds
3.5 Baths
2,605 Sq Ft
$729/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $1,550,000 $595 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,803/month

40 Days on Market

Highlights

  • Bay View
  • Two Primary Bedrooms
  • Vaulted Ceiling
  • Monterey High School Rated A
  • Recreation Room
  • Jetted Soaking Tub in Primary Bathroom

About This Home

As of May 2022

Here is your opportunity to live in the highly desirable Peters Gate neighborhood. First time on the market since the original contractor built this home for his family. A large 2 story 3 bed, 3 1/2 bath home offers a 1st floor primary bed w/ marble en-suite bath. The vaulted ceiling living room has a unique stone fireplace which anchors the room. A private outdoor courtyard & BBQ area. 2nd floor has a upstairs family room, plenty of light, views of the mountains & peek of the bay. A second primary bedroom w/ an en-suite bath is upstairs. Detached 2 car garage is ideal for an ADU conversion, plenty of room for a boat or RV. This home is waiting for you to bring your ideas to move right in or create your dream home. Around the corner from the Monte Vista Shopping Center where the new Elroy's Market is located, offers restaurants, coffee bars and Layers Pastries. An easy walk to Historic downtown Monterey and the Fisherman's Wharf to enjoy walking trails, marine life and dining.

Last Agent to Sell the Property

Michele Altman

Sotheby’s International Realty License #01310623 Listed on: 02/28/2022

Sotheby’s International Realty

Last Buyer's Agent

Renee Catania

Monterey Coast Realty License #01954589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,407

Year Built

  • 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Northeast Facing Home
  • Gated Home
  • Wood Fence
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Lighted Parking
  • Garage Door Opener
  • Guest Parking
  • Uncovered Parking
  • Off-Street Parking

Property Views

  • Bay
  • City Lights
  • Mountain
  • Hills
  • Forest
  • Neighborhood

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,605 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Garden Windows
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Recreation Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Jetted Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Sewer Within 50 Feet

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,407

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 2605
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Dining Area In Family Room, Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Oven - Double, Oven - Self Cleaning, Oven Range - Built-In, Gas, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 2605
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom, Primary Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Electricity Hookup (110V), In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Marble, Tile
  • Additional Rooms: Den / Study / Office, Great Room, Laundry Room, Recreation Room, Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Half On Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Sunken Tub, Primary - Tub With Jets, Stall Shower - 2+, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, City Lights, Forest / Woods, Hills, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Fenced, Low Maintenance, Storage Shed / Structure
  • Fencing: Fenced, Gate, Wood
  • Property Faces: Northeast
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area, Off-Street Parking, Room For Oversized Vehicle, Uncovered Parking, Workshop In Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Monte Vista Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 544
  • Middle School: 37460

Lot Info

  • Lot Description: Grade - Level, Views
  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6970.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Insulation - Unknown

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 2, 2022
Sold by
Patricia J Randazzo Living Trust and Randazzo Sheila
Bought by
Saroyan Sona Marie and Kennedy Jason
Seller's Agent
Michele Altman
Sotheby’s International Realty
Buyer's Agent
Renee Catania
Monterey Coast Realty
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$1,899,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,846
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,100,000
Outstanding Balance
$1,040,979
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$858,867

Purchase Details

Closed on
Feb 19, 2008
Sold by
Randazzo Patricia J
Bought by
Randazzo Patricia J and Patricia J Randazzo Living Tru
Source: Public Records

Range of Values:

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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
Saroyan Sona Marie $1,550,000 Old Republic Title
Randazzo Patricia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saroyan Sona Marie $1,100,000
Previous Owner Randazzo Sheila $75,000
Previous Owner Randazzo Sal $150,000
Previous Owner Randazzo Salvatore N $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $1,550,000 0.0% $595 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $1,550,000 0.0% $595 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $1,550,000 -- $595 / 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 $17,407 $1,644,872 $689,785 $955,087
2024 $17,407 $1,612,620 $676,260 $936,360
2023 $17,157 $1,581,000 $663,000 $918,000
2022 $1,754 $1,550,000 $650,000 $900,000
2021 $1,730 $144,736 $33,851 $110,885
2020 $1,839 $143,253 $33,504 $109,749
2019 $1,742 $140,446 $32,848 $107,598
2018 $1,679 $137,693 $32,204 $105,489
2017 $1,490 $134,994 $31,573 $103,421
2016 $1,464 $132,348 $30,954 $101,394
2015 $1,443 $130,361 $30,490 $99,871
2014 $1,419 $127,808 $29,893 $97,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81880185

MLSListings

APN: 001-632-012-000