895 Lobos St Monterey, CA 93940
New Monterey Neighborhood
3
Beds
1.5
Baths
1,120
Sq Ft
4,099
Sq Ft Lot
Highlights
- Neighborhood Views
- Double Oven
- Tile Countertops
- Monterey High School Rated A
- Bathtub with Shower
- Forced Air Heating System
About This Home
As of October 2024How sweet it is...This darling 3-bedroom, 1.5-bath property is on the market for the first time in over 60 years. Lovingly maintained, it awaits new owners to add their special touches and enjoy living in this highly desirable New Monterey location. Situated at the corner of Lobos and David Ave, this home is just a few blocks from charming Pacific Grove and mere minutes from Cannery Row, the Monterey Bay Aquarium, and oceanfront recreation trails. The property offers convenient access to many Peninsula amenities, including shopping, restaurants, and Highway 68. Enter into a welcoming and cozy living room featuring laminate flooring, freshly painted walls, and a brick fireplace. An expansive window and slider allow natural light to fill the space, showcasing the exteriors beautiful trees and flowering shrubs. The kitchen boasts double ovens, and there is a quaint area perfect for your dining table with access to the spacious deck, ideal for enjoying the fresh coastal air. Off the kitchen, down the back porch, you will find another sunny patio area perfect for garden boxes, additional entertaining, or backyard enjoyment, with access to the garage. A mature lemon tree graces the front yard, and on a clear day, you may catch glimpses of the bay. This is a special spot to call home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,926
Year Built
- Built in 1958
Lot Details
- 4,099 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
Parking
- 2 Car Garage
- On-Street Parking
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,120 Sq Ft Home
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Combination Dining and Living Room
- Neighborhood Views
- Laundry in Garage
Kitchen
- Double Oven
- Electric Cooktop
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 001-222-007-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2024
Closed on
Oct 6, 2024
Sold by
Rappa Family 2005 Revocable Trust and Rappa Paul M
Bought by
Attar Ehsan Sharifian and Homa Ava
Seller's Agent
Tammy LaSala
Sotheby’s International Realty
Buyer's Agent
Sam Sharifian Attar
Coldwell Banker Realty
List Price
$1,010,000
Sold Price
$950,000
Premium/Discount to List
-$60,000
-5.94%
Total Days on Market
71
Views
330
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,908
Avg. Annual Appreciation
3.45%
Original Mortgage
$600,000
Outstanding Balance
$596,676
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$373,169
Purchase Details
Listed on
Jul 5, 2024
Closed on
Aug 27, 2024
Sold by
Dolores Rappa Living Trust and Rappa Paul M
Bought by
Rappa Family 2005 Revocable Trust and Rappa
Seller's Agent
Tammy LaSala
Sotheby’s International Realty
Buyer's Agent
Sam Sharifian Attar
Coldwell Banker Realty
List Price
$1,010,000
Sold Price
$950,000
Premium/Discount to List
-$60,000
-5.94%
Views
330
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$596,676
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$373,169
Purchase Details
Closed on
Oct 4, 2021
Sold by
Rappa Horace J
Bought by
Rappa Dolores M
Purchase Details
Closed on
Sep 30, 2005
Sold by
Rappa Horace J and Horace J Rappa Living Trust
Bought by
Rappa Horace J and Rappa Dolores M
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | Old Republic Title | |
| Grant Deed | -- | Old Republic Title | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $950,000 | -4.0% | $848 / Sq Ft |
| 09/15/2024 09/15/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | Price Changed | $990,000 | -2.0% | $884 / Sq Ft |
| 07/05/2024 07/05/24 | For Sale | $1,010,000 | -- | $902 / Sq Ft |
Source: MLSListings
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 |
|---|---|---|---|---|
| 2024 | $10,926 | $1,000,000 | $750,000 | $250,000 |
| 2023 | $908 | $1,000,000 | $750,000 | $250,000 |
| 2022 | $894 | $80,828 | $16,058 | $64,770 |
| 2021 | $880 | $79,244 | $15,744 | $63,500 |
| 2020 | $849 | $78,432 | $15,583 | $62,849 |
| 2019 | $882 | $76,895 | $15,278 | $61,617 |
| 2018 | $850 | $75,388 | $14,979 | $60,409 |
| 2017 | $791 | $73,911 | $14,686 | $59,225 |
| 2016 | $776 | $72,463 | $14,399 | $58,064 |
| 2015 | $764 | $71,375 | $14,183 | $57,192 |
| 2014 | $752 | $69,978 | $13,906 | $56,072 |
Source: Public Records
Source: MLSListings
MLS Number: ML81972025
APN: 001-222-007-000
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