NOT LISTED FOR SALE

Estimated Value: $742,000 - $819,581

1 Bed
1 Bath
672 Sq Ft
$1,143/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $600,000 $893 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,565/month

8 Days on Market

Highlights

  • A-Frame Home
  • High Ceiling
  • Breakfast Area or Nook
  • Monterey High School Rated A
  • Neighborhood Views
  • Beamed Ceilings

About This Home

As of August 2021

Great opportunity to own a mostly original 1930's rustic cottage in old town Monterey close to downtown shopping and even the wharf and bike trail! The home retains its original charm with a simplistic design utilizing wood siding and storybook windows. Inside there are exposed beams and supports, a stone fireplace and shiplap walls all adding to the charm of this cozy cottage. The floors are newer laminate but flow with the home's décor. There is an ample sized kitchen with everything you need in a house of this size. The yard is private and appears to be fully fenced. It has some nice outdoor areas to enjoy your morning coffee or your favorite beverage in the evening. If you are looking for a cozy cottage in Monterey to escape the summer heat, this one is calling your name!

Last Agent to Sell the Property

Monterey Peninsula Home Team

KW Coastal Estates License #70000352 Listed on: 06/18/2021

KW Coastal Estates

Last Buyer's Agent

Suzanne Menendez-Herbst

Shankle Real Estate License #01236254

Shankle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1930

Lot Details

  • 3,206 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Mostly Level
  • Back Yard

Home Design

  • A-Frame Home
  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views
  • Electric Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • No Garage
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Wall Furnace
  • Thermostat

Home Details

Home Type

Single Family

Year Built

1930

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: A-Frame, Cottage
  • Listing Class: Residential
  • Structure Sq Ft: 672
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Tile, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 672
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (220V)
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter, Foundation Pillars
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard
  • Fencing: Partial Fencing, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Parking Features: No Garage, Off-Street Parking

Utilities

  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.0736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3207.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3207.00
  • Soil: Unknown

Green Features

  • Energy Features: Insulation - Unknown, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 21, 2021
Sold by
Jaedra A Davi-Luke Living Trust and The Jaedra A Davi Luke Living
Bought by
Phillips Charlotte E and Scher Amy B
Seller's Agent
Monterey Peninsula Home Team
KW Coastal Estates
Buyer's Agent
Suzanne Menendez-Herbst
Shankle Real Estate
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$768,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,395
Avg. Annual Appreciation
5.76%
Original Mortgage
$450,000
Outstanding Balance
$404,978
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$363,417

Purchase Details

Closed on
Nov 5, 2019
Sold by
Davi Jeffrey
Bought by
Davi Luke Jaedra A

Purchase Details

Closed on
Feb 23, 2012
Sold by
Davi Sebastian G
Bought by
Revocabl Davi Sebastian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Davi Sebastian G
Bought by
Revocabl Davi Sebastian G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Charlotte E $600,000 Chicago Title
Davi Luke Jaedra A -- None Available
Revocabl Davi Sebastian G -- Accommodation
Davi Sebastian G -- Old Republic Title Company
Davi Sebastian G -- Old Republic Title Company
Revocabl Davi Sebastian G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Charlotte E $450,000
Previous Owner Davi Sebastian G $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $600,000 0.0% $893 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $600,000 -- $893 / 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 $6,905 $636,724 $424,483 $212,241
2024 $6,905 $624,240 $416,160 $208,080
2023 $6,705 $612,000 $408,000 $204,000
2022 $6,613 $600,000 $400,000 $200,000
2021 $543 $600,000 $400,000 $200,000
2020 $525 $40,903 $15,630 $25,273
2019 $543 $40,102 $15,324 $24,778
2018 $527 $39,317 $15,024 $24,293
2017 $493 $38,547 $14,730 $23,817
2016 $485 $37,792 $14,442 $23,350
2015 $479 $37,226 $14,226 $23,000
2014 $472 $36,498 $13,948 $22,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849691

MLSListings

APN: 001-402-018-000