NOT LISTED FOR SALE

Estimated Value: $1,183,178 - $1,297,000

3 Beds
2.5 Baths
1,257 Sq Ft
$981/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $675,000 $537 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,296/month

212 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • High Ceiling
  • Monterey High School Rated A
  • Traditional Architecture
  • Neighborhood Views

About This Home

As of June 2015

Totally turn key in New Monterey. Only 15 years new. This great home is in top of the line condition. Vaulted ceilings, new exterior paint, low maintenance yard, open kitchen with breakfast bar and master suite with open views. Great central location to Pacific Grove, Cannery Row, and downtown Monterey.

Last Agent to Sell the Property

Mark Trapin

Sotheby’s International Realty License #01233599 Listed on: 09/24/2014

Sotheby’s International Realty

Last Buyer's Agent

Mark Ryan

Coldwell Banker Realty License #01458945

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1999

Lot Details

  • Front and Back Yard Sprinklers
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,257 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 001-176-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,736

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 1257
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 2
  • Map Top Coordinate: F
  • Thomas Bros Page: 80
  • Thomas Brothers: F2
  • Year Built: 1999
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Oven Range, Hookups - Gas
  • Living Sq Ft: 1257
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Laminate, Carpet - Wall to Wall
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, BBQ Area, Deck

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-176-017
  • List Price per Sq Ft: 536.99
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3500.00
  • Lot Size Area Min Search: 3500.00
  • Maximum Lot Size: 3500.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
May 29, 2015
Sold by
Olson Gregg and Olson Nicole
Bought by
Wilemon Marcus G and Wilemon Carrie A
Seller's Agent
Mark Trapin
Sotheby’s International Realty
Buyer's Agent
Mark Ryan
Coldwell Banker Realty
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,232,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,795
Avg. Annual Appreciation
6.42%
Original Mortgage
$607,500
Outstanding Balance
$471,366
Interest Rate
3.64%
Mortgage Type
VA
Estimated Equity
$809,569

Purchase Details

Closed on
Jun 25, 2012
Sold by
Olson Gregg
Bought by
Olson Gregg and Olson Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,276
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2003
Sold by
Shimizu Roy Yutaka and Shimizu Helen Tom
Bought by
Olson Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1999
Sold by
Young Garth W and Young Bonnie Jean
Bought by
Shimizu Roy Yutaka and Shimizu Helen Tom
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
Wilemon Marcus G $675,000 Chicago Title Company
Olson Gregg -- None Available
Olson Gregg $625,000 Old Republic Title
Shimizu Roy Yutaka $425,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilemon Marcus G $607,500
Previous Owner Olson Gregg $562,276
Previous Owner Olson Gregg $589,641
Previous Owner Olson Gregg $146,000
Previous Owner Olson Gregg $500,000
Closed Olson Gregg $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $675,000 0.0% $537 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $675,000 0.0% $537 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
11/14/2014 11/14/14 Price Changed $675,000 -2.9% $537 / Sq Ft
09/24/2014 09/24/14 For Sale $695,000 -- $553 / 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 $8,736 $811,239 $420,641 $390,598
2024 $8,736 $795,334 $412,394 $382,940
2023 $8,534 $779,740 $404,308 $375,432
2022 $8,417 $764,452 $396,381 $368,071
2021 $8,295 $749,463 $388,609 $360,854
2020 $7,981 $741,779 $384,625 $357,154
2019 $8,376 $727,235 $377,084 $350,151
2018 $8,042 $712,977 $369,691 $343,286
2017 $7,448 $698,998 $362,443 $336,555
2016 $7,315 $685,293 $355,337 $329,956
2015 $6,590 $616,000 $325,000 $291,000
2014 $5,327 $495,000 $261,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81434844

MLSListings

APN: 001-176-017-000