NOT LISTED FOR SALE

7825 Monterra Oaks Rd Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $1,536,000 - $2,508,000

3.13 Acres
$625,459 Price per Acre
136,343 Sq Ft Lot

Last Sold September 19, 2017

Last sale price $1,045,000

Est. 69% increase in value since last sale

Current estimated payment $10,939/month

452 Days on Market

Highlights

  • Bay View
  • Gated Community
  • Secluded Lot
  • Monterey High School Rated A
  • 3.13 Acre Lot

About This Lot

As of September 2017

Monterra homesite 112 is a 3.13-acre parcel located on one of the most prestigious streets in the community. Resting high on the ridgeline, offering sweeping views of Monterey Bay and city lights at night, the building pad is in place. A social membership to the Tehama Golf Club is included, subject to fees, and the club is a stone's throw away from this parcel! Enjoy the best weather on the Monterey Peninsula while living in this exclusive gated community.

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 05/05/2016

Sotheby’s International Realty

Last Buyer's Agent

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 05/05/2016

Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,543

Lot Details

  • 3.13 Acre Lot
  • Secluded Lot

Property Views

  • Bay
  • City Lights
  • Mountain
  • Hills
  • Forest
  • Park or Greenbelt

Utilities

  • Gas Available at Street
  • Sewer Within 50 Feet

Community Details

Overview

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

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$14,543

Lot Details

0

Listing Details

  • Zoning: RDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Development Status: Architectural Review Committee, Building Site Cleared, Design Review Required, Finished Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, City Lights, Forest / Woods, Greenbelt, Hills, Mountains, Water

Utilities

  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 376
  • HOA Amenities: Community Security Gate
  • Association Fees Include: 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: Private / Secluded, Views
  • Lot Acres: 3.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 136343.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 136343.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Sep 6, 2017
Sold by
Monterra Estate Homes Llc
Bought by
Yeates Investments
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$1,095,000
Sold Price
$1,045,000
Premium/Discount to List
-$50,000
-4.57%
Current Estimated Value
$1,761,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,307
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Nov 18, 2009
Sold by
National Bank Of Arizona
Bought by
Monterra Estate Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,750
Interest Rate
4.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2009
Sold by
Paige Ronald Q and Paige Anna G
Bought by
Natinal Bank Of Arizona

Purchase Details

Closed on
Apr 19, 2006
Sold by
Hooshim Benjamin and Park Jacqueline
Bought by
Paige Ronald Q and Paige Anna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2004
Sold by
Monterra Ranch Properties Llc
Bought by
Hooshim Benjamin and Park Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.65%
Mortgage Type
Unknown
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
Yeates Investments $1,045,000 Chicago Title Company
Monterra Estate Homes Llc -- Chicago Title Company
Natinal Bank Of Arizona -- First American Title
Paige Ronald Q $1,800,000 Chicago Title Co
Hooshim Benjamin $1,150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeates Investments Partnership $876,000
Previous Owner Monterra Estate Homes Llc $579,750
Previous Owner Paige Ronald Q $1,350,000
Previous Owner Hooshim Benjamin $920,000
Previous Owner Hooshim Benjamin $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2017 09/19/17 Sold $1,045,000 -4.6% --
08/01/2017 08/01/17 Pending -- -- --
05/05/2016 05/05/16 For Sale $1,095,000 -- --
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 $14,543 $1,819,030 $1,189,030 $630,000
2024 $14,543 $1,795,716 $1,165,716 $630,000
2023 $12,368 $1,332,859 $1,142,859 $190,000
2022 $12,197 $1,120,450 $1,120,450 --
2021 $12,019 $1,098,481 $1,098,481 $0
2020 $11,561 $1,087,218 $1,087,218 $0
2019 $12,144 $1,065,900 $1,065,900 $0
2018 $11,652 $1,045,000 $1,045,000 $0
2017 $9,051 $859,746 $859,746 $0
2016 $7,648 $725,000 $725,000 $0
2015 -- $725,000 $725,000 $0
2014 -- $725,000 $725,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Jashinski

    Seller's Agent in 2017

    Mike Jashinski

    Sotheby’s International Realty

    (831) 625-2075

    28 in this area

    53 Total Sales

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Map

Source: MLSListings

MLS Number: ML81583939

MLSListings

APN: 259-161-012-000

California Monterey County Monterey 93923 Laguna Seca/Ryan Ranch

7825 Monterra Oaks Rd, Monterey, CA

This home is located at 7825 Monterra Oaks Rd, Monterey, CA 93940 since 05 May 2016 and is currently estimated at $1,957,686. 7825 Monterra Oaks 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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