NOT LISTED FOR SALE

Estimated Value: $379,000 - $428,682

1 Bed
1 Bath
598 Sq Ft
5,663 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $277,441 $464 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,439/month

15 Days on Market

Highlights

  • Heated In Ground Pool
  • Clubhouse
  • Breakfast Area or Nook
  • Monterey High School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Casanova Oak Knoll Park

About This Home

As of June 2023

Welcome to the beautiful city of Monterey. This charming condo end unit boasts one spacious bedroom and one full bathroom, providing the perfect balance of comfort and convenience. This unit has 598 square feet of living space, offering ample room for you to relax and unwind. It is located in a desirable area of Monterey, close to shopping, dining, entertainment and the beach. With its prime location and charming features, this condo is the perfect place to call home. HOA is $365/month. This condo is considered a moderate income offering that must meet certain city HUD criteria. Max income allowed annually for a single applicant is $75,650 and for a 2 person household $86,500. Also, the applicant must live or work in the city of Monterey. Please find the application and details in the disclosure link and apply with The Housing Office for the City of Monterey.

Last Agent to Sell the Property

Cory Otterness

KW Coastal Estates License #02016158 Listed on: 02/28/2023

KW Coastal Estates

Last Buyer's Agent

Jose Hernandez

Integrity Estates Realty License #02019446

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1985

Lot Details

  • 5,663

Home Design

  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 598 Sq Ft Home
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 013-254-027-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, insurance, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, sewer
  • Cypress Park Community Association
  • Built by Cypress Park

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Clubhouse
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,118

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Restrictions
  • Age: 38
  • Listing Class: Residential
  • Structure Sq Ft: 598
  • Complex Name: Cypress Park
  • Year Built: 1985
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Nook, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Laminate, Dishwasher, Microwave, Oven - Gas, Refrigerator
  • Living Sq Ft: 598
  • Security: Controlled / Secured Access
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Granite, Shower over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground
  • Roof: Rolled Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Covered Parking, Gate / Door Opener, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 365
  • HOA Amenities: BBQ Area, Club House, Community Pool
  • HOA Documents: Budget, Bylaws, CC&RS, Reserve Study, Rules & Regulations
  • Association Fees Include: Garbage, Insurance, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Sewer
  • H O A Name Text: Cypress Park Community Association
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 013-254-027-000

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
Feb 28, 2023
Closed on
Jun 20, 2023
Sold by
Mendoza Joaquin G
Bought by
Alenklizi Mohamed Khaled
Seller's Agent
Cory Otterness
KW Coastal Estates
Buyer's Agent
Jose Hernandez
Integrity Estates Realty
List Price
$277,441
Sold Price
$277,441
Views
687
Current Estimated Value
$399,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,480
Avg. Annual Appreciation
18.45%
Original Mortgage
$55,489
Outstanding Balance
$54,123
Interest Rate
6.39%
Estimated Equity
$345,798

Purchase Details

Closed on
Oct 16, 2007
Sold by
Mahara Condos Llc
Bought by
Mendoza Joaquin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
6.04%
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
Alenklizi Mohamed Khaled $277,500 Chicago Title
Mendoza Joaquin G $184,500 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alenklizi Mohamed Khaled $55,489
Open Alenklizi Mohamed Khaled $221,953
Previous Owner Mendoza Joaquin G $39,000
Previous Owner Mendoza Joaquin G $142,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $277,441 0.0% $464 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $277,441 -- $464 / 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 $3,118 $288,648 $104,040 $184,608
2024 $3,118 $282,989 $102,000 $180,989
2023 $2,631 $277,441 $100,000 $177,441
2022 $2,590 $232,044 $92,825 $139,219
2021 $2,552 $227,495 $91,005 $136,490
2020 $2,462 $225,163 $90,072 $135,091
2019 $2,580 $220,749 $88,306 $132,443
2018 $2,480 $216,422 $86,575 $129,847
2017 $2,299 $212,179 $84,878 $127,301
2016 $2,258 $208,019 $83,214 $124,805
2015 $2,221 $204,896 $81,965 $122,931
2014 $2,184 $200,883 $80,360 $120,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81920107

MLSListings

APN: 013-254-027-000