NOT LISTED FOR SALE

Estimated Value: $1,796,000 - $2,766,462

2.42 Acres
$942,657 Price per Acre
105,415 Sq Ft Lot

Last Sold November 30, 2017

Last sale price $625,000

Est. 265% increase in value since last sale

Current estimated payment $13,608/month

527 Days on Market

Highlights

  • 2.42 Acre Lot
  • Monterey High School Rated A
  • Mountain View

About This Lot

As of November 2017

Rising gently above the road, Monterra Homesite 127 is a 2.4-acre promontory lot offering wonderful views of the surrounding hillsides with Monterey Bay in the distance. An expansive building envelope (over an acre!) is encircled by mature oaks. This property is in a private location on a cul-de-sac lot in the gated community of Monterra. Social membership to Tehama is included (subject to dues).

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 05/17/2016

Sotheby’s International Realty

Last Buyer's Agent

Thomas Redfern

Tom Redfern & Associates License #00322528

Property Details

Property Type

  • Land

Lot Details

  • 2.42 Acre Lot
  • Lot Sloped Down

Property Views

  • Mountain
  • Forest
  • Park or Greenbelt

Utilities

  • Gas Available at Street
  • Sewer Within 50 Feet

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area, management fee, reserves, security service
  • Monterra Ranch HOA

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

2.42 Acres

Listing Details

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

Exterior Features

  • View: Forest / Woods, Greenbelt, Mountains

Utilities

  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 376
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 2.4200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 105415.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 105415.00
  • 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 17, 2016
Closed on
Nov 28, 2017
Sold by
Kever Thomas L
Bought by
Defranco Salvatore J and Defranco Deborah L
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Thomas Redfern
Tom Redfern & Associates
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%
Current Estimated Value
$2,281,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,656,231
Avg. Annual Appreciation
16.82%
Original Mortgage
$225,000
Outstanding Balance
$189,136
Interest Rate
3.88%
Mortgage Type
Unknown
Estimated Equity
$2,092,095

Purchase Details

Closed on
Mar 2, 2009
Sold by
Monterra Ranch Properties Llc
Bought by
Kever Thomas L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Defranco Salvatore J $625,000 Chicago Title Company
Kever Thomas L $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defranco Salvatore J $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $625,000 -10.7% --
10/27/2017 10/27/17 Pending -- -- --
05/17/2016 05/17/16 For Sale $700,000 -- --
Source: MLSListings

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 $17,026 $1,811,140 $711,140 $1,100,000
2024 $17,026 $1,797,197 $697,197 $1,100,000
2023 $10,289 $1,573,527 $683,527 $890,000
2022 $7,303 $935,125 $670,125 $265,000
2021 $7,196 $656,986 $656,986 $0
2020 $6,922 $650,250 $650,250 $0
2019 $7,271 $637,500 $637,500 $0
2018 $6,977 $625,000 $625,000 $0
2017 $5,797 $550,000 $550,000 $0
2016 $5,543 $525,000 $525,000 $0
2015 -- $475,000 $475,000 $0
2014 -- $475,000 $475,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81586100

MLSListings

APN: 259-191-005-000

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