$530,000
SOLD JUL 16, 2019

867 Portola Dr Monterey, CA 93940

3 Beds
1.5 Baths
1,400 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$379 Per Sq Ft

8% Below List Price

71 Days on Market

Highlights

  • Bathtub with Shower
  • Bathroom on Main Level
  • Forced Air Heating System
  • Monterey High School Rated A
  • Guest Parking
  • Separate Family Room

About This Home

As of February 2020

Del Rey Oaks sun belt! Earn some sweat equity!This 3 bed 1.5 bath 1400 sq. ft.home is ready for your TLC and finishing touches. Loads of potential for the motivated buyer to make this a gem. Property features- Open floor plan, tankless water heater,detached garage,wood burning fireplace,hardwood floors under carpet,forced air heating, plenty of driveway/off street parking,very large 7000+ sq ft lot. Walking distance to the beach and all your day to day needs Safeway, Walgreens, DMV, Gym, Restaurants,etc. Detached garage is in disrepair. Reports available,section 1 pest clearance is $8372 (house only not garage). Please do not disturb occupants.Tenants home theater systems and hot tub do not convey.Property will be sold in its "AS-IS" condition.No repairs by seller.

Last Agent to Sell the Property

Anthony Pietragallo

Resource Real Estate Loans License #01362189 Listed on: 02/22/2019

Last Buyer's Agent

Nicole Ushakoff

KW Coastal Estates License #01990205

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,569

Year Built

  • Built in 1949

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Bathtub with Shower

Additional Features

  • 7,100 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 012-472-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,569

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1400
  • Year Built: 1949
  • Zoning Description: r-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1400
  • Stories: 1
  • Flooring: Carpet
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Half on Ground Floor, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 012-472-015
  • Lot Acres: 0.1630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7100.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 12, 2020
Sold by
Seaside Real Estate & Investments Inc
Bought by
Zamudio Juan A and Testerman Margaret N
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs
List Price
$749,995
Sold Price
$742,500
Premium/Discount to List
-$7,495
-1%
Current Estimated Value
$1,074,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,704
Avg. Annual Appreciation
6.77%
Original Mortgage
$594,000
Outstanding Balance
$529,343
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$537,495

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jan 24, 2020
Sold by
Perales Claudia Mexicano
Bought by
Seaside Real Estate & Investment Inc
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs
List Price
$749,995
Sold Price
$742,500
Premium/Discount to List
-$7,495
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Outstanding Balance
$529,343
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$537,495

Purchase Details

Listed on
Feb 22, 2019
Closed on
Jul 12, 2019
Sold by
Perales Frederick Anthony
Bought by
Perales Claudia Mexicano
Seller's Agent
Anthony Pietragallo
Resource Real Estate Loans
Buyer's Agent
Nicole Ushakoff
KW Coastal Estates
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.83%
Original Mortgage
$450,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2019
Closed on
Jul 9, 2019
Sold by
Benson Carole E and Benson Robert J
Bought by
Perales Claudia Mexicano
Seller's Agent
Anthony Pietragallo
Resource Real Estate Loans
Buyer's Agent
Nicole Ushakoff
KW Coastal Estates
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2017
Sold by
Meachum Frank Truman
Bought by
Meachum Virginia Lockwood and Meachum Living Trust

Purchase Details

Closed on
Feb 7, 2004
Sold by
Benson Carole E
Bought by
Benson Carole E and The Robert J & Carole E Benson
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 $742,500 Chicago Title Company
Grant Deed -- None Available
Deed -- Chicago Title Salinas
Administrators Deed $530,000 Chicago Title Salinas
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $594,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $450,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $742,500 -1.0% $530 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $749,995 +41.5% $536 / Sq Ft
07/16/2019 07/16/19 Sold $530,000 -7.8% $379 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $575,000 0.0% $411 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $575,000 -- $411 / 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 $8,569 $812,027 $437,456 $374,571
2024 $8,569 $796,106 $428,879 $367,227
2023 $8,537 $780,497 $420,470 $360,027
2022 $8,420 $765,194 $412,226 $352,968
2021 $8,298 $750,192 $404,144 $346,048
2020 $5,728 $530,000 $355,000 $175,000
2019 $653 $48,759 $18,991 $29,768
2018 $632 $47,804 $18,619 $29,185
2017 $592 $46,867 $18,254 $28,613
2016 $582 $45,949 $17,897 $28,052
2015 $574 $45,260 $17,629 $27,631
2014 $567 $44,374 $17,284 $27,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81739829

MLSListings

APN: 012-472-015-000