NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,076,000

2 Beds
2 Baths
1,125 Sq Ft
$905/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $767,000 $682 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,664/month

35 Days on Market

Highlights

  • 1 Car Detached Garage
  • Open to Family Room
  • Wood Insert Heater
  • La Mesa Elementary School Rated A-
  • Family or Dining Combination
  • Washer and Dryer

About This Home

As of December 2020

This charming two bedroom, two bath bungalow offers location and oasis all in one. Recently updated with a modern kitchen and all new appliances, this home sports a great room, as well as a living room, and a landscaped backyard perfect for entertaining. It is walking distance to the Monterey Wharf and Del Monte Beach, and its blocks from Dennis the Menace playground and the Naval Postgraduate school. Come experience all Monterey has to offer and find your next adventure here

Last Agent to Sell the Property

Jennifer Oldham

Compass License #01325650 Listed on: 10/16/2020

Compass

Co-Listed By

Srividya Shankar

Compass License #01906289

Last Buyer's Agent

Grace Merritt

Sotheby’s International Realty License #01870218

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,935

Year Built

  • 1927

Lot Details

  • 3,358 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wood Insert Heater
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,935

Year Built

1927

Lot Details

0

Parking

1

Listing Details

  • Zoning: 2J
  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 1125
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Insert, Living Room, Wood Burning
  • Dining Room: Dining Area In Family Room
  • Kitchen: Cooktop - Gas, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1125
  • Stories: 1
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Fireplace, Gas
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0771
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3360.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 10, 2020
Sold by
Dosange Rejinther
Bought by
Wells Keith and Wells Elizabeth A
Seller's Agent
Jennifer Oldham
Compass
Buyer's Agent
Grace Merritt
Sotheby’s International Realty
List Price
$749,000
Sold Price
$767,000
Premium/Discount to List
$18,000
2.4%
Current Estimated Value
$1,071,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,747
Avg. Annual Appreciation
7.05%
Original Mortgage
$613,600
Outstanding Balance
$548,798
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$503,222

Purchase Details

Closed on
Dec 2, 2003
Sold by
The Jkg Trust
Bought by
Dosange Rejinther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Morba Jane A
Bought by
Morba Jane A and The Jkg Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2003
Sold by
Morba Jane A
Bought by
Morba Jane A and Jkg Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2002
Sold by
Morba Jane
Bought by
Morba Jane A and The Jkg Trust

Purchase Details

Closed on
Jul 23, 1998
Sold by
Chaney A Russell and Chaney Carol G
Bought by
Morba Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7%
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
Wells Keith $767,000 Lawyers Title
Dosange Rejinther $570,000 Fidelity Title
Morba Jane A -- Chicago Title
Morba Jane A -- Chicago Title
Morba Jane A -- First American Title
Morba Jane A -- First American Title
Morba Jane A -- First American Title
Morba Jane A -- --
Morba Jane $230,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Keith $613,600
Previous Owner Dosange Rejinther $393,500
Previous Owner Dosange Rejinther $125,000
Previous Owner Dosange Rejinther $322,700
Previous Owner Morba Jane A $125,000
Previous Owner Morba Jane A $168,000
Previous Owner Morba Jane $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $767,000 +2.4% $682 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $749,000 0.0% $666 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $749,000 -- $666 / 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 $8,935 $830,223 $595,337 $234,886
2024 $8,935 $813,945 $583,664 $230,281
2023 $8,715 $797,986 $572,220 $225,766
2022 $8,595 $782,340 $561,000 $221,340
2021 $8,470 $767,000 $550,000 $217,000
2020 $7,957 $741,044 $520,032 $221,012
2019 $8,352 $726,515 $509,836 $216,679
2018 $8,017 $712,271 $499,840 $212,431
2017 $7,001 $658,000 $462,000 $196,000
2016 $6,664 $625,000 $439,000 $186,000
2015 $6,005 $562,000 $394,000 $168,000
2014 $4,952 $461,000 $324,000 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81815531

MLSListings

APN: 001-853-020-000