$400,000
SOLD NOV 10, 2016
2.74 Acres
$145,985 Price per Acre
119,354 Sq Ft Lot

Recently Sold

19% Below List Price

767 Days on Market

Highlights

  • Gated Community
  • 2.74 Acre Lot
  • Secluded Lot
  • Monterey High School Rated A
  • Mountain View

About This Lot

As of January 2021

Monterra lot 151 is a 2.7 acre homesite with a promontory feel. Arrive at the building envelope through a passage under ancient oaks. Although graced with sparkling views of Monterey Bay, you will appreciate the private knoll from which you can build your castle. Minutes to town, yet perfectly situated behind the gates of this unique luxury community. Enjoy upgraded underground utilities, gated security and private roads. Monterra is a 1700ac. community located 3 miles inland, just beyond the fog!

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 08/21/2014

Sotheby’s International Realty

Last Buyer's Agent

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 08/21/2014

Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,090

Lot Details

  • 2.74 Acre Lot
  • Secluded Lot
  • Lot Sloped Down

Property Views

  • Mountain
  • Forest

Utilities

  • Gas Available at Street

Community Details

Overview

  • Association fees include insurance - common area, maintenance - common area, maintenance - road, management fee, reserves, security service
  • Monterra HOA

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$24,090

Lot Details

0

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, Mountains

Utilities

  • Sewer/Septic System: Sewer Available

Condo/Co-op/Association

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Sloped Down, Private / Secluded
  • Lot Acres: 2.7400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 119354.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 119354.00
  • 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
Oct 8, 2018
Closed on
Dec 28, 2020
Sold by
Lee Christian and Lee Sylvia
Bought by
Ramsayer Lee R and Ramsayer Bianca Nicole
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Ben Zoller
Monterey Coast Realty
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
$4,858,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,248,332
Avg. Annual Appreciation
59.41%

Purchase Details

Listed on
Aug 21, 2014
Closed on
Nov 3, 2016
Sold by
Coast Capital Income Fund Llc
Bought by
Lee Christian and Lee Sylvia
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$495,000
Sold Price
$400,000
Premium/Discount to List
-$95,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Monterra Ranch Properties Llc
Bought by
Coast Capital Income Fund Llc
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 Type Sale Price Title Company
Grant Deed $610,000 Chicago Title Company
Grant Deed $400,000 Chicago Title Company
Trustee Deed $697,593 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $3,646,116 Unknown
Previous Owner $1,300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $610,000 -2.4% --
11/11/2020 11/11/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $625,000 -3.8% --
09/05/2020 09/05/20 Pending -- -- --
10/08/2018 10/08/18 For Sale $650,000 +62.5% --
11/10/2016 11/10/16 Sold $400,000 -19.2% --
09/26/2016 09/26/16 Pending -- -- --
08/21/2014 08/21/14 For Sale $495,000 -- --
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 $24,090 $2,730,882 $660,282 $2,070,600
2024 $24,090 $2,677,336 $647,336 $2,030,000
2023 $22,430 $2,234,644 $634,644 $1,600,000
2022 $6,782 $2,072,200 $622,200 $1,450,000
2021 $4,704 $610,000 $610,000 $0
2020 $4,525 $424,483 $424,483 $0
2019 $4,753 $416,160 $416,160 $0
2018 $4,561 $408,000 $408,000 $0
2017 $4,221 $400,000 $400,000 $0
2016 $6,596 $625,000 $625,000 $0
2015 $5,283 $500,000 $500,000 $0
2014 $5,294 $500,000 $500,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81512319

MLSListings

APN: 259-211-008-000