NOT LISTED FOR SALE

86 Montsalas Dr Monterey, CA 93940

Fisherman's Flats/Josselyn Canyon Neighborhood

Estimated Value: $799,000 - $919,000

2 Beds
2.5 Baths
1,388 Sq Ft
$648/mo HOA Fee

Last Sold March 18, 2022

Last sale price $775,000 $558 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,952/month

10 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Sauna
  • Monterey High School Rated A
  • Clubhouse
  • High Ceiling

About This Home

As of March 2022

Beautifully updated Montsalas condominium, located on the highly sought after sunbelt area of Monterey. The unit opens up to vaulted ceiling, an abundance of light flows through as you walk into the open floor plan, great for indoor/outdoor entertainment. Kitchen boasts Colorado white shaker cabinets with ample storage, modern silestone quartz countertops and Pebble Gray glass tile backsplash. All new stainless steel appliances. Upstairs master-bedroom retreat with vaulted ceilings, large windows and private deck. Zen bathroom with clean and simple lines, access to walk in closet. This unit has so much to offer with all the recent updates. Location in community is steps from pool and club house. Private patio opens up to tree studded walking trail that ends on large grass area. Must visit to appreciate this property and its beautiful location in Monterey!

Last Agent to Sell the Property

Roberto Ruiz

Intero Real Estate Services License #01270734 Listed on: 02/11/2022

Intero Real Estate Services

Last Buyer's Agent

Tammy LaSala

Sotheby’s International Realty License #01828948

Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,724

Year Built

  • 1977

Lot Details

  • Northwest Facing Home
  • Drought Tolerant Landscaping

HOA Fees

  • $648 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,388 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Living Room with Fireplace
  • Family or Dining Combination
  • Laundry in Utility Room
  • Property Views

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, pool spa or tennis
  • Montsalas HOA Owners Association
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,724

Year Built

1977

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Zoning: Residential
  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 1388
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert, Living Room
  • Dining Room: Dining Area In Family Room
  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1388
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tar And Gravel
  • Yard/Grounds: Drought Tolerant Plants
  • Property Faces: Northwest
  • Pool: Community Facility, Pool - In Ground, Pool / Spa Combo

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking
  • Carport Min: 1

Utilities

  • Heating System: Electric, Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Montsalas
  • HOA Fees: 648
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub
  • HOA Documents: Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Montsalas HOA Owners association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Views

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Farmer Kristine Gaye
Bought by
Farnstrom Hans O
Current Estimated Value
$835,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$501,375
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$334,454

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 8, 2022
Sold by
Jresv Llc
Bought by
Farmer Kristine Gaye
Seller's Agent
Roberto Ruiz
Intero Real Estate Services
Buyer's Agent
Tammy LaSala
Sotheby’s International Realty
List Price
$729,000
Sold Price
$775,000
Premium/Discount to List
$46,000
6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$450,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2020
Closed on
Nov 18, 2020
Sold by
Wilmingtn Trust National Assocition
Bought by
Jresv Llc
Seller's Agent
Kathleen Jackson
The Home Team, Inc.
Buyer's Agent
Roberto Ruiz
Intero Real Estate Services
List Price
$469,900
Sold Price
$452,500
Premium/Discount to List
-$17,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.76%

Purchase Details

Closed on
Jan 30, 2019
Sold by
Powers Deborah Joy
Bought by
Wilmington Trust Na

Purchase Details

Closed on
Jun 24, 2013
Sold by
Powers Deborah Joy
Bought by
Powers Deborah Joy

Purchase Details

Closed on
Sep 21, 2006
Sold by
Powers Deborah Joy
Bought by
Powers Deborah Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Lake Lucy Cullen and Davi Sebastian G
Bought by
Powers Deborah Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 2005
Sold by
Powers Deborah Joy
Bought by
Powers Deborah Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Farnstrom Hans O $819,000 First American Title
Farmer Kristine Gaye $775,000 Fidelity National Title
Jresv Llc $452,500 Chicago Title Company
Wilmington Trust Na $613,916 Title365
Powers Deborah Joy -- None Available
Powers Deborah Joy -- Ftc
Powers Deborah Joy $645,000 --
Powers Deborah Joy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnstrom Hans O $504,000
Previous Owner Farmer Kristine Gaye $450,000
Previous Owner Powers Deborah Joy $95,000
Previous Owner Powers Deborah Joy $65,000
Previous Owner Powers Deborah Joy $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $775,000 +6.3% $558 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $729,000 +61.1% $525 / Sq Ft
12/11/2020 12/11/20 Sold $452,500 -3.7% $326 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $469,900 +3.8% $339 / Sq Ft
07/01/2020 07/01/20 Off Market $452,500 -- --
06/16/2020 06/16/20 Price Changed $469,900 -2.1% $339 / Sq Ft
05/04/2020 05/04/20 Price Changed $479,900 -4.0% $346 / Sq Ft
03/26/2020 03/26/20 Price Changed $499,900 -3.8% $360 / Sq Ft
02/03/2020 02/03/20 For Sale $519,500 -- $374 / 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 $8,724 $819,000 $390,150 $428,850
2024 $8,724 $819,000 $390,150 $428,850
2023 $8,511 $790,500 $382,500 $408,000
2022 $5,061 $775,000 $375,000 $400,000
2021 $4,988 $452,500 $300,000 $152,500
2020 $5,296 $494,700 $357,000 $137,700
2019 $5,679 $495,598 $215,478 $280,120
2018 $5,761 $485,881 $211,253 $274,628
2017 $5,311 $476,355 $207,111 $269,244
2016 $5,229 $467,015 $203,050 $263,965
2015 $4,653 $445,000 $276,000 $169,000
2014 $4,452 $425,000 $264,000 $161,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roberto Ruiz

    Intero Real Estate Services

    Section Image
  • Tammy LaSala

    Buyer's Agent in 2022

    Tammy LaSala

    Sotheby’s International Realty

    (831) 915-2109

    2 in this area

    35 Total Sales

    Section Image
  • Kathleen Jackson

    Seller's Agent in 2020

    Kathleen Jackson

    The Home Team, Inc.

    (831) 809-0205

    1 in this area

    24 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81877930

MLSListings

APN: 101-261-036-000

California Monterey County Monterey 93940 Fisherman's Flats/Josselyn Canyon

86 Montsalas Dr, Monterey, CA

This home is located at 86 Montsalas Dr, Monterey, CA 93940 since 11 February 2022 and is currently estimated at $835,829, approximately $602 per square foot. This property was built in 1977. 86 Montsalas Dr is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Foothill Elementary School, and Monterey High School.

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