NOT LISTED FOR SALE

Estimated Value: $1,368,034 - $1,473,000

3 Beds
2 Baths
1,585 Sq Ft
$902/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $949,000 $599 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,436/month

3 Days on Market

Highlights

  • Ocean View
  • Deck
  • High Ceiling
  • Monterey High School Rated A
  • Jetted Tub in Primary Bathroom
  • Granite Countertops

About This Home

As of May 2018

Welcome to Peter's Gate, a desirable area of Old Monterey peppered with beautiful trees and views of the Bay. Not interested in older homes with so many unknowns? This move-in ready home was rebuilt in 2008 with all systems including plumbing, electrical, and roof replaced. Although this home appears smaller at first glance, what you are seeing is the tip of the iceberg designed for street-level access to the front door and garage and high ceilings on the lower floor. Enjoy outdoor living and entertaining with a private front patio, a lower deck and an upper deck with filtered views of the Bay and your very own secret garden. The interior has been elegantly upgraded with classic finishes. Over 500 sq ft of covered storage on the lower floor. Very convenient to schools, town, beach, and professional services. Open House on April 14 & 15 from 1:30-3:30pm.

Last Agent to Sell the Property

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 04/12/2018

Last Buyer's Agent

Conchetta Fleming

Coldwell Banker Realty License #01998460

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 3,999 Sq Ft Lot
  • Wood Fence
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Bay

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,585 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Laundry in unit

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Low Flow Toliet
  • Jetted Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-481-008-000

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1585
  • Incorporated: Yes
  • Year Built: 1966
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Log, Living Room
  • Dining Room: Dining Area, Skylight
  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Garbage Disposal, Island, Microwave, Oven - Self Cleaning, Oven Range - Gas, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 1585
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Tub with Jets, Shower over Tub - 1, Stone, Tile, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Bay, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Lot Info

  • Lot Description: Grade - Sloped Down, Paved, Views
  • Parcel Number: 001-481-008-000
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Vanjoolen Vincent and Vanjoolen Beverly
Bought by
Vincent And Beverly Van Joolen Living Trust and Van Joolen
Current Estimated Value
$1,430,259

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 8, 2018
Sold by
Born Rick and Born Peggy
Bought by
Van Joolen Vincent Van and Van Joolen Beverly
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Conchetta Fleming
Coldwell Banker Realty
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$854,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2015
Closed on
May 13, 2016
Sold by
Born Richard Gary and Born Peggy Ann
Bought by
Born Rick and Born Peggy
Seller's Agent
Glen Alder
Sotheby’s International Realty
Buyer's Agent
Amber Russell
Sotheby’s International Realty
List Price
$860,000
Sold Price
$850,000
Premium/Discount to List
-$10,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$529,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2015
Closed on
May 11, 2016
Sold by
Reed Christine B
Bought by
Born Richard Gary and Born Peggy Ann
Seller's Agent
Glen Alder
Sotheby’s International Realty
Buyer's Agent
Amber Russell
Sotheby’s International Realty
List Price
$860,000
Sold Price
$850,000
Premium/Discount to List
-$10,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Reed Christine B
Bought by
Reed Christine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Balbo Salvatore A and Balbo Barbara L
Bought by
Reed Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2007
Sold by
Reed Nathan S
Bought by
Reed Christine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
Fujimoto Naomi and Estate Of Masa Ozamoto
Bought by
Balbo Salvatore A and Balbo Barbara L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vincent And Beverly Van Joolen Living Trust -- None Listed On Document
Van Joolen Vincent Van $949,000 Old Republic Title Co
Born Rick -- Old Republic Title Co
Born Rick -- None Available
Born Richard Gary $850,000 First American Title Company
Reed Christine B -- Accommodation
Reed Christine $675,000 Old Republic Title Company
Reed Christine B -- Old Republic Title Company
Balbo Salvatore A $427,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Van Joolen Vincent Van $854,100
Previous Owner Born Richard Gary $529,000
Previous Owner Reed Christine $506,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2018 05/16/18 Sold $949,000 0.0% $599 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $949,000 +11.6% $599 / Sq Ft
05/13/2016 05/13/16 Sold $850,000 0.0% $539 / Sq Ft View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
03/24/2016 03/24/16 Price Changed $850,000 -1.2% $539 / Sq Ft
01/19/2016 01/19/16 For Sale $860,000 0.0% $545 / Sq Ft
01/19/2016 01/19/16 Price Changed $860,000 -1.7% $545 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
11/23/2015 11/23/15 Price Changed $875,000 -2.2% $555 / Sq Ft
10/23/2015 10/23/15 For Sale $895,000 -- $568 / 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 $11,478 $1,079,793 $512,020 $567,773
2024 $11,478 $1,058,622 $501,981 $556,641
2023 $11,247 $1,037,866 $492,139 $545,727
2022 $11,091 $1,017,517 $482,490 $535,027
2021 $10,929 $997,567 $473,030 $524,537
2020 $10,514 $987,339 $468,180 $519,159
2019 $11,035 $967,980 $459,000 $508,980
2018 $9,871 $884,340 $416,160 $468,180
2017 $9,139 $867,000 $408,000 $459,000
2016 $6,453 $603,329 $336,938 $266,391
2015 $6,361 $594,267 $331,877 $262,390
2014 $6,251 $582,627 $325,376 $257,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81700038

MLSListings

APN: 001-481-008-000