NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,145,847

3 Beds
1.5 Baths
1,120 Sq Ft
$950/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $950,000 $848 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,503/month

71 Days on Market

Highlights

  • Neighborhood Views
  • Double Oven
  • Bathtub with Shower
  • Monterey High School Rated A
  • 2 Car Attached Garage
  • Tile Countertops

About This Home

As of October 2024

How 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.

Last Agent to Sell the Property

Tammy LaSala

Sotheby’s International Realty License #01828948 Listed on: 07/05/2024

Sotheby’s International Realty

Last Buyer's Agent

Sam Sharifian Attar

Coldwell Banker Realty License #02087711

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 4,099 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2 Car Attached 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

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1120
  • Year Built: 1958
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Double, Refrigerator
  • Living Sq Ft: 1120
  • Laundry: In Garage
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Lot Info

  • Parcel Number: 001-222-007-000
  • Lot Acres: 0.0941
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4100.00

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
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%
Views
330
Current Estimated Value
$1,064,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,212
Avg. Annual Appreciation
9.84%
Original Mortgage
$600,000
Outstanding Balance
$593,822
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$470,390

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
$593,822
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$470,390

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Attar Ehsan Sharifian $950,000 Old Republic Title
Rappa Family 2005 Revocable Trust -- Old Republic Title
Rappa Dolores M -- --
Rappa Horace J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Attar Ehsan Sharifian $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 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 $10,926 $950,000 $700,000 $250,000
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

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81972025

MLSListings

APN: 001-222-007-000