NOT LISTED FOR SALE

78 Work Ave Monterey, CA 93940

Estimated Value: $858,902 - $1,157,000

3 Beds
1 Bath
1,103 Sq Ft
$883/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $503,000 $456 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,636/month

4 Days on Market

Highlights

  • Eat-In Kitchen
  • Back and Front Yard Fenced
  • Wood Burning Fireplace
  • Monterey High School Rated A
  • Level Lot
  • 1-minute walk to Frog Pond Wetland Preserve

About This Home

As of July 2016

This wonderful oak-studded home is nestled in a great neighborhood on a large corner lot! Warm and cozy, this comfortable home features 3 bedrooms, 1 bathroom, approximately 1100 sq. ft., a wood burning fireplace in the living room, hardwood and carpet floors throughout, an upgraded kitchen with newer cabinets, a fenced front yard and a spacious rear yard with deck.

Last Agent to Sell the Property

Lucie Campos

Coldwell Banker Realty License #01345594 Listed on: 06/08/2016

Coldwell Banker Realty

Last Buyer's Agent

Guita Irani

Berkshire Hathaway HS Real Time Realty License #01337573

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,653

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,103 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 012-493-020-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,653

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1103
  • Year Built: 1950
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Garbage Disposal, Microwave, Oven - Gas, Oven Range - Built-In
  • Living Sq Ft: 1103
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 012-493-020-000
  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.20
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 8, 2016
Sold by
Koleszar Michael Jon and Koleszar Consuelo M
Bought by
Ferdowsi Farideh Langari and Ghavamian Babak
Seller's Agent
Lucie Campos
Coldwell Banker Realty
Buyer's Agent
Guita Irani
Berkshire Hathaway HS Real Time Realty
List Price
$499,000
Sold Price
$503,000
Premium/Discount to List
$4,000
0.8%
Current Estimated Value
$928,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,123
Avg. Annual Appreciation
6.92%
Original Mortgage
$450,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2014
Sold by
Koleszar Michael Jon
Bought by
Koleszar Michael Jon and Koleszar Consuelo M

Purchase Details

Listed on
Nov 6, 2012
Closed on
Apr 26, 2013
Sold by
Koleszar Consuelo M
Bought by
Koleszar Michael Jon
Seller's Agent
Marielena Carriglio
David Lyng Real Estate
Buyer's Agent
Geralynn Spadaro
Intero Real Estate Services
List Price
$311,500
Sold Price
$324,500
Premium/Discount to List
$13,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$292,050
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2012
Closed on
Apr 16, 2013
Sold by
Enea Mario F and Milani Ala M
Bought by
Koleszar Michael Jon
Seller's Agent
Marielena Carriglio
David Lyng Real Estate
Buyer's Agent
Geralynn Spadaro
Intero Real Estate Services
List Price
$311,500
Sold Price
$324,500
Premium/Discount to List
$13,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,050
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Enea Mario F and Enea Ala M
Bought by
Enea Mario F and Enea Ala M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,400
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2003
Sold by
Romano Vincenza
Bought by
Enea Mario F and Milani Ala M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Bates Michael and Ostermann Julie
Bought by
Romano Vincenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Haverly Evelyn R and The Evelyn R Haverly 1998 Trus
Bought by
Bates Michael and Ostermann Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
7.64%
Mortgage Type
Balloon

Purchase Details

Closed on
May 29, 1999
Sold by
Lugo Diane P and Haverly Leo Douglas
Bought by
Haverly Evelyn R and The Evelyn R Haverly 1998 Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
7.64%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 8, 1999
Sold by
Haverly Evelyn R and The Evelyn R Haverly 1998 Trus
Bought by
Lugo Diane P and Haverly Leo Douglas

Purchase Details

Closed on
Sep 8, 1998
Sold by
Haverly Evelyn R
Bought by
Haverly Evelyn R and The Evelyn R Haverly 1998 Trus
Source: Public Records

Range of Values:

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Average Value
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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
Ferdowsi Farideh Langari $503,000 Chicago Title Company
Koleszar Michael Jon -- None Available
Koleszar Michael Jon -- Chicago Title Company
Koleszar Michael Jon $324,500 Chicago Title Company
Enea Mario F -- Old Republic Title
Enea Mario F $518,000 First American Title
Romano Vincenza $435,000 First American Title
Bates Michael $259,500 Stewart Title Guaranty Compa
Haverly Evelyn R -- --
Lugo Diane P -- --
Haverly Evelyn R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferdowsi Farideb Langari $413,200
Closed Ferdowski Farideh Langari $419,000
Closed Ferdowsi Farideh Langari $450,000
Previous Owner Koleszar Michael Jon $292,050
Previous Owner Enea Mario F $562,400
Previous Owner Enea Mario F $414,400
Previous Owner Romano Vincenza $348,000
Previous Owner Bates Michael $328,000
Previous Owner Bates Michael $207,600
Closed Bates Michael $51,900
Closed Romano Vincenza $87,000
Closed Enea Mario F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $503,000 +0.8% $456 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $499,000 +53.8% $452 / Sq Ft
05/02/2013 05/02/13 Sold $324,500 +4.2% $294 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
01/02/2013 01/02/13 Price Changed $311,500 0.0% $282 / Sq Ft
01/02/2013 01/02/13 For Sale $311,500 +0.5% $282 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $310,000 -- $281 / 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 $6,653 $636,539 $435,217 $201,322
2024 $6,653 $624,059 $426,684 $197,375
2023 $6,191 $611,823 $418,318 $193,505
2022 $6,104 $560,612 $410,116 $150,496
2021 $6,014 $549,621 $402,075 $147,546
2020 $5,786 $543,987 $397,953 $146,034
2019 $6,069 $533,321 $390,150 $143,171
2018 $5,717 $513,060 $382,500 $130,560
2017 $5,294 $503,000 $375,000 $128,000
2016 $3,635 $337,555 $208,047 $129,508
2015 $3,583 $332,485 $204,922 $127,563
2014 $3,463 $325,973 $200,908 $125,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81589516

MLSListings

APN: 012-493-020-000