NOT LISTED FOR SALE

898 David Ave Monterey, CA 93940

New Monterey Neighborhood

Estimated Value: $1,075,000 - $1,275,000

2 Beds
2 Baths
1,205 Sq Ft
$973/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $730,000 $606 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,913/month

114 Days on Market

Highlights

  • Bay View
  • Cottage
  • 1 Car Detached Garage
  • Monterey High School Rated A
  • Balcony
  • Walk-In Closet

About This Home

As of October 2020

Cottage on the Hill This cute Monterey cottage sits just blocks above the famous Cannery Row, bike path and Aquarium. Enjoy the front porch with peeks of the bay and mountain views. Single level with two bedrooms and two full bathrooms makes for the perfect weekend getaway. Updated kitchen with living room on one side and the dining/family room on the other. Wonderful private backyard for entertaining.

Last Agent to Sell the Property

Tina Carpenter

Sotheby’s International Realty License #01311391 Listed on: 05/21/2020

Sotheby’s International Realty

Co-Listed By

Lisa Porch

Sotheby’s International Realty License #01305414

Sotheby’s International Realty

Last Buyer's Agent

Lisa Porch

Sotheby’s International Realty License #01305414

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,250

Year Built

  • 1924

Lot Details

  • 3,393 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Property Views

  • Bay
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,250

Year Built

1924

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 1205
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Dining Room: Dining Area In Family Room
  • Kitchen: Dishwasher, Oven Range
  • Living Sq Ft: 1205
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Bay, City Lights, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Storage Shed / Structure
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0779
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3395.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3395.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Oct 6, 2020
Sold by
Ford Roger and Ford Carmen
Bought by
Shirsat Rajas N and Shirsa Payal R
Seller's Agent
Tina Carpenter
Sotheby’s International Realty
Buyer's Agent
Lisa Porch
Sotheby’s International Realty
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Current Estimated Value
$1,121,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,802
Avg. Annual Appreciation
8.96%
Original Mortgage
$511,000
Outstanding Balance
$456,557
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$647,179

Purchase Details

Closed on
Nov 3, 2008
Sold by
Chavez Mauricio Russell and Chavez Mauricio Lica C
Bought by
Ford Roger and Ford Carmen

Purchase Details

Closed on
Apr 14, 2005
Sold by
Nafei Ahmed and El Araby Omima
Bought by
Mauricio Russell and Chavez Mauricio Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 1999
Sold by
El Nafei Ahmed and El Araby Omima
Bought by
El Nafei Ahmed and El Araby Omima
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
Shirsat Rajas N $730,000 Chicago Title Company
Ford Roger $500,000 Fidelity National Title Co
Mauricio Russell $679,000 First American Title
El Nafei Ahmed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirsat Rajas N $511,000
Previous Owner Mauricio Russell $543,200
Previous Owner Nafei Ahmed $46,000
Previous Owner Nafei Ahmed $300,000
Previous Owner Nafei Ahmed $40,000
Previous Owner Nafei Ahmed $275,000
Previous Owner Nafei Ahmed $206,000
Previous Owner Nafei Ahmed $23,400
Previous Owner Nafei Ahmed $207,400
Closed Mauricio Russell $135,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $730,000 +0.7% $606 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $725,000 0.0% $602 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $725,000 -5.2% $602 / Sq Ft
05/21/2020 05/21/20 For Sale $765,000 -- $635 / 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 $9,250 $851,374 $595,337 $256,037
2024 $9,250 $834,681 $583,664 $251,017
2023 $8,299 $819,492 $572,220 $247,272
2022 $8,185 $744,600 $561,000 $183,600
2021 $8,066 $730,000 $550,000 $180,000
2020 $6,341 $588,739 $470,995 $117,744
2019 $6,653 $577,196 $461,760 $115,436
2018 $6,388 $565,879 $452,706 $113,173
2017 $5,916 $554,784 $443,830 $110,954
2016 $5,811 $543,907 $435,128 $108,779
2015 $5,728 $535,738 $428,592 $107,146
2014 $5,089 $474,000 $379,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tina Carpenter

    Sotheby’s International Realty

    Section Image
  • Lisa Porch

    Seller Co-Listing Agent in 2020

    Lisa Porch

    Sotheby’s International Realty

    (831) 521-0680

    6 in this area

    19 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81793385

MLSListings

APN: 001-121-004-000

California Monterey County Monterey 93940 New Monterey

898 David Ave, Monterey, CA

This home is located at 898 David Ave, Monterey, CA 93940 since 21 May 2020 and is currently estimated at $1,172,221, approximately $972 per square foot. This property was built in 1924. 898 David Ave is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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