NOT LISTED FOR SALE

Estimated Value: $1,138,000 - $1,177,069

2.34 Acres
$494,169 Price per Acre
101,930 Sq Ft Lot

Last Sold February 27, 2024

Last sale price $1,100,000

Est. 5% increase in value since last sale

Current estimated payment $7,079/month

918 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • 2.34 Acre Lot
  • Monterey High School Rated A

About This Lot

As of February 2024

Spectacular Monterey Bay views from this beautiful 2.3 acre homesite in Monterra Ranch. A gentle rise through majestic oaks leads to a level building envelope and panoramic 360 degree views. Owners in Monterra enjoy beautiful weather, a sense of privacy and experience living in nature in this securely gated park-like community. Located just a short drive to area beaches, shopping and dining, hiking and biking, winetasting, world renowned golf courses, regional airport and raceway. Social membership to Tehama Golf Club is included with the sale. Come build your dream home here in Monterra.

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 06/17/2021

Last Buyer's Agent

Bambace Peterson

Compass License #70010145

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,478

Lot Details

  • 2.34 Acre Lot
  • Mostly Level

Property Views

  • Ocean
  • City Lights
  • Mountain
  • Garden

Utilities

  • Gas Available at Street
  • Private Sewer

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, maintenance - road, security service
  • Monterra Ranch HOA

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$9,478

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Building Site Cleared, Design Review Required, Final Map Filed, Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Garden / Greenbelt, Mountains, Ocean, Water

Utilities

  • Sewer/Septic System: Sewer - Private

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Community Security Gate
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 2.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 101930.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 101930.40
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Feb 21, 2024
Sold by
City Of Salinas
Bought by
Gerhardy Family Trust and Gerhardy
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Bambace Peterson
Compass
List Price
$1,395,000
Sold Price
$1,100,000
Premium/Discount to List
-$295,000
-21.15%
Views
70
Current Estimated Value
$1,156,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,356
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Feb 5, 2009
Sold by
Monterra Ranch Properties Llc
Bought by
Kever Thomas L

Purchase Details

Closed on
May 14, 2008
Sold by
Monterra Ranch Properties Llc
Bought by
Monterra Service Co 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 Buyer Sale Price Title Company
Gerhardy Family Trust $1,100,000 Chicago Title
Kever Thomas L $100,000 First American Title Company
Monterra Service Co Llc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monterra Ranch Properties Llc $156,000
Previous Owner Monterra Ranch Properties Llc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,100,000 -21.1% --
12/23/2023 12/23/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $1,395,000 0.0% --
04/04/2023 04/04/23 For Sale $1,395,000 +26.8% --
04/01/2023 04/01/23 Off Market $1,100,000 -- --
02/22/2023 02/22/23 For Sale $1,500,000 0.0% --
12/20/2022 12/20/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,500,000 0.0% --
06/18/2022 06/18/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $1,500,000 0.0% --
03/18/2022 03/18/22 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,500,000 -- --
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 $9,478 $1,122,000 $1,122,000 --
2024 $9,478 $1,100,000 $1,100,000 --
2023 $9,382 $866,426 $866,426 $0
2022 $9,252 $849,438 $849,438 --
2021 $7,393 $832,783 $832,783 $0
2020 $7,185 $675,000 $675,000 $0
2019 $7,697 $675,000 $675,000 $0
2018 $7,533 $675,000 $675,000 $0
2017 $7,110 $675,000 $675,000 $0
2016 $6,596 $625,000 $625,000 $0
2015 $6,073 $575,000 $575,000 $0
2014 $6,086 $575,000 $575,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849475

MLSListings

APN: 259-211-010-000