NOT LISTED FOR SALE

Estimated Value: $1,962,000 - $2,392,000

4 Beds
3.5 Baths
5,200 Sq Ft
$411/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $1,975,000 $380 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,656/month

25 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.49 Acre Lot
  • Living Room with Fireplace
  • Monterey High School Rated A
  • Forest View
  • Vaulted Ceiling

About This Home

As of July 2024

Step into the possibilities of this grand Victorian nestled in one of Monterey's most esteemed neighborhoods. Boasting over 5,200 square feet of living space, this 4-bedroom, 3.5-bathroom home has so much to offer. Picture yourself hosting gatherings in the expansive formal library or amidst the sprawling grounds just as the Gallatin Powers family did. Find solace in the spacious primary suite, complete with an oversized walk-in closet. A versatile home office, with its own separate entrance adjacent to the kitchen adds flexibility to the layout. Ample parking and storage await in the three-car garage, while recent upgrades include a new roof in 2023 and front deck. With just under half an acre of land, space behind the garage offers ADU potential. Enjoy the convenience of this sun-drenched locale, offering easy access to beaches, shops, fine dining, and recreational amenities. Seize the opportunity to make this distinctive home your own with your unique vision.

Last Agent to Sell the Property

Blake Russell

Sotheby’s International Realty License #02188622 Listed on: 05/14/2024

Sotheby’s International Realty

Last Buyer's Agent

Paul Hollingsworth

Coldwell Banker Realty License #01381267

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 0.49 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Sprinkler System
  • Mostly Level
  • Back Yard

Parking

  • 3 Car Garage

Property Views

  • Forest
  • Neighborhood

Home Design

  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Den
  • Library
  • Bonus Room
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Fire Pit

Utilities

  • Forced Air Zoned Heating System
  • 220 Volts

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 001-471-017-000

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0.49 Acres

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Listing Class: Residential
  • Structure Sq Ft: 5200
  • Year Built: 1943
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Tile, Garbage Disposal, Microwave, Oven - Built-In, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 5200
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Library, Office Area
  • Fireplaces Min: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Pass Through, Primary - Stall Shower(s), Shower and Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Roof: Composition
  • View: Forest / Woods, Neighborhood
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Fire Pit, Sprinklers - Lawn
  • Fencing: Fenced, Partial Fencing, Wood
  • Property Faces: East
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Parking Area, Room for Oversized Vehicle

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 545

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 001-471-017-000
  • Lot Acres: 0.4876
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21240.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21240.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Monte Vista Elementary
  • High School Text: Monterey High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 24, 2024
Sold by
Balester Benjamin K
Bought by
Bernard Gregory Michael and Rae Bernard Jessica
Seller's Agent
Blake Russell
Sotheby’s International Realty
Buyer's Agent
Paul Hollingsworth
Coldwell Banker Realty
List Price
$2,299,000
Sold Price
$1,975,000
Premium/Discount to List
-$324,000
-14.09%
Views
123
Current Estimated Value
$2,136,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,857
Avg. Annual Appreciation
4.86%
Original Mortgage
$1,260,000
Outstanding Balance
$1,244,835
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$892,022

Purchase Details

Closed on
Dec 7, 2018
Sold by
Balester Sam J
Bought by
Balester Benjamin K

Purchase Details

Closed on
Jul 21, 2017
Sold by
Balester Samuel J
Bought by
Balester Sam J

Purchase Details

Closed on
Mar 29, 2017
Sold by
Gunia Dolores and Dolores Gunita Trust
Bought by
Balest Er Samuel J

Purchase Details

Closed on
Jan 21, 2014
Sold by
Gunia Dolores
Bought by
Gunia Dolores and Dolores Gunia Trust

Purchase Details

Closed on
May 30, 1996
Sold by
Meharry Patricia M and Meharry Douglas W
Bought by
Palma Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Bernard Gregory Michael $1,975,000 Old Republic Title
Balester Benjamin K -- None Available
Balester Sam J -- None Available
Balest Er Samuel J $1,225,000 Old Republic Title Company
Gunia Dolores -- None Available
Palma Dennis J $177,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Gregory Michael $1,260,000
Previous Owner Palma Dennis J $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $1,975,000 -14.1% $380 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $2,299,000 -- $442 / Sq Ft
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 $14,848 $1,975,000 $800,000 $1,175,000
2024 $14,848 $1,975,000 $800,000 $1,175,000
2023 $14,725 $1,339,714 $546,822 $792,892
2022 $14,524 $1,313,446 $536,100 $777,346
2021 $14,315 $1,287,693 $525,589 $762,104
2020 $13,778 $1,274,490 $520,200 $754,290
2019 $14,742 $1,274,490 $520,200 $754,290
2018 $14,155 $1,249,500 $510,000 $739,500
2017 $5,850 $533,506 $171,575 $361,931
2016 $5,749 $523,046 $168,211 $354,835
2015 $5,669 $515,191 $165,685 $349,506
2014 $5,500 $505,100 $162,440 $342,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81965111

MLSListings

APN: 001-471-017-000

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