NOT LISTED FOR SALE

902 La Terraza Ct Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $2,463,000 - $2,950,000

3 Beds
3.5 Baths
3,595 Sq Ft
$765/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $1,695,000 $471 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $16,537/month

354 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Wood Flooring
  • Washington Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of September 2014

JUST COMPLETED! Brand new construction of this single-level 3,595 square foot custom estate home, with every designer upgrade. Desirable great room concept creates easy living flow. Master suite includes 2 walk-in closets and office. Pasadera features the Nicklaus Club - Monterey, with the only Jack Nicklaus Signature Course on the Monterey Peninsula.

Last Agent to Sell the Property

Edward Hoyt

Sotheby’s International Realty License #01377974 Listed on: 07/26/2013

Last Buyer's Agent

Edward Hoyt

Sotheby’s International Realty License #01377974 Listed on: 07/26/2013

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Sloped Down
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Clay Roof

Interior Spaces

  • 3,595 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Thelander Association

Listing and Financial Details

  • Assessor Parcel Number 173-074-037

Home Details

Home Type

Single Family

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 471.49
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 3595
  • Incorporated: Yes
  • Map Book Page: 83
  • Map Side Coordinate: 7
  • Map Top Coordinate: B
  • Thomas Bros Page: 83
  • Thomas Brothers: B7
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Ovens - 2+, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 3595
  • Stories: 1
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: 220 Volt Outlet
  • Flooring: Hardwood
  • Maximum Bathrooms: 4
  • Minimum Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower - 2+, Tub with Jets

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Clay
  • View: Mountains
  • Yard/Grounds: Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 175
  • H O A Name Text: Thelander
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 173-074-037
  • List Price per Sq Ft: 471.49
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21780.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 21780.00
  • Lot Size Area Min Search: 21780.00
  • Maximum Lot Size: 21780.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Sep 2, 2014
Sold by
Cusack Realty Inc
Bought by
Mcmillan Michael
Seller's Agent
Edward Hoyt
Sotheby’s International Realty
Buyer's Agent
Edward Hoyt
Sotheby’s International Realty
List Price
$1,695,000
Sold Price
$1,695,000
Current Estimated Value
$2,750,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,055,488
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,356,000
Outstanding Balance
$997,575
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,752,913

Purchase Details

Closed on
Oct 15, 2012
Sold by
Swanstons & Phelps Llc
Bought by
Cusack Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2011
Sold by
Phelps Eric and Swanston Martin
Bought by
Swanstons & Phelps Llc

Purchase Details

Closed on
May 8, 2008
Sold by
Silva Robert and Robert Silva Jr Revocable Trus
Bought by
Swanstons & Phelps Llc

Purchase Details

Closed on
Dec 14, 2006
Sold by
Phelps Eric and Swanston Robert
Bought by
Swanstons & Phelps Llc

Purchase Details

Closed on
Apr 13, 2006
Sold by
Silva Robert
Bought by
Silva Robert and Robert Silva Jr Revocable Trus

Purchase Details

Closed on
Jan 4, 2006
Sold by
Faylor Mark P and Faylor Janine M
Bought by
Silva Robert and Phelps Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2000
Sold by
Prm Holdings Llc
Bought by
Monterey Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.26%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Monterey Development Group Llc
Bought by
Faylor Mark P and Faylor Janine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.26%
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
Mcmillan Michael $1,695,000 Chicago Title Company
Cusack Realty Inc $275,000 Chicago Title Company
Swanstons & Phelps Llc -- First American Title
Swanstons & Phelps Llc -- None Available
Swanstons & Phelps Llc -- None Available
Silva Robert -- None Available
Silva Robert $640,000 First American Title
Monterey Development Group Llc -- --
Faylor Mark P $400,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Michael $1,356,000
Previous Owner Cusack Realty Inc $750,000
Previous Owner Silva Robert $448,000
Previous Owner Faylor Mark P $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $1,695,000 0.0% $471 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
07/26/2013 07/26/13 For Sale $1,695,000 -- $471 / 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
2025 $22,073 $2,037,127 $1,201,846 $835,281
2024 $22,073 $1,997,184 $1,178,281 $818,903
2023 $21,281 $1,958,025 $1,155,178 $802,847
2022 $21,438 $1,919,633 $1,132,528 $787,105
2021 $20,504 $1,881,994 $1,110,322 $771,672
2020 $20,055 $1,862,698 $1,098,938 $763,760
2019 $19,978 $1,826,176 $1,077,391 $748,785
2018 $19,555 $1,790,369 $1,056,266 $734,103
2017 $19,847 $1,755,264 $1,035,555 $719,709
2016 $19,245 $1,720,848 $1,015,250 $705,598
2015 $19,054 $1,695,000 $1,000,000 $695,000
2014 $8,320 $747,162 $275,000 $472,162
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Edward Hoyt

    Sotheby’s International Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81327314

MLSListings

APN: 173-074-037-000

California Monterey County Monterey 93940 Laguna Seca/Ryan Ranch

902 La Terraza Ct, Monterey, CA

Not Listed for Sale

Detached

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