Seller's Agent in 2024
Olga Menendez
David Lyng Real Estate (Carmel offices)
(831) 277-4214
1 in this area
14 Total Sales
903 Jefferson St Monterey, CA 93940
Old Town NeighborhoodEstimated Value: $2,156,000 - $2,354,000
2
Beds
2.5
Baths
2,365
Sq Ft
$962/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Bay View
- Jetted Soaking Tub in Primary Bathroom
- Monterey High School Rated A
- Primary Bedroom Suite
- Wood Flooring
About This Home
As of February 2024Prepare to fall in love! Built in 1926, this classic and elegant Spanish Mediterranean, located in the heart of Monterey's historic Old Town, is steeped in history. This kind of opportunity rarely comes up. The property exudes the old-world charm of yesteryear, with all the modern amenities. There are wonderful architectural details not found in newer homes. Some of the special features include a tile roof, arched windows and doorways, outdoor columns, beautiful wrought iron throughout, soaring ceilings, hardwood floors, built-ins, and a large cellar, with room for your wine. The chef's kitchen boasts a Wolf range with a designer overhead hood, sub-zero refrigerator, wine refrigerator, limestone, and marble counters. Stepping into the light-filled foyer, through French doors, you will find a beautifully landscaped backyard and patio, a place you will want to gather with family and friends, or just relax and enjoy as your own special sanctuary. Step out to the balcony off the bedrooms to enjoy the Monterey Bay view and city lights at night. Minutes from downtown Monterey, Farmer's Market, Cannery Row, coastal recreation trail, Monterey Bay Aquarium, and Fisherman's Wharf. Great restaurants, wine tasting, and shopping close by and so much more. You won't want to miss this one!
Last Agent to Sell the Property
David Lyng Real Estate License #01245314 Listed on: 01/23/2024
Last Buyer's Agent
Matthew Pridey
Agency One Real Estate License #02126360
Home Details
Home Type
- Single Family
Year Built
- Built in 1926
Lot Details
- 6,534 Sq Ft Lot
- Gated Home
- Level Lot
- Back Yard
Parking
- 2 Car Attached Garage
- Garage Door Opener
- On-Street Parking
Property Views
- Bay
- Mountain
- Neighborhood
Home Design
- Mediterranean Architecture
- Tile Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,365 Sq Ft Home
- 2-Story Property
- High Ceiling
- Gas Log Fireplace
- Wine Cellar
- Living Room with Fireplace
- Formal Dining Room
- Den
- Storage Room
- Unfinished Basement
Kitchen
- Open to Family Room
- Range Hood
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Jetted Soaking Tub in Primary Bathroom
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry in Garage
- Washer and Dryer
Outdoor Features
- Balcony
- Shed
Utilities
- Forced Air Heating System
- Radiant Heating System
- Baseboard Heating
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 001-332-006-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2024
Closed on
Feb 8, 2024
Sold by
Patino Family Trust
Bought by
Mealey Forest and Mealey Cezanne
Seller's Agent
Olga Menendez
David Lyng Real Estate
Buyer's Agent
Matthew Pridey
Agency One Real Estate
List Price
$2,100,000
Sold Price
$2,150,000
Premium/Discount to List
$50,000
2.38%
Views
76
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
$124,772
Avg. Annual Appreciation
2.98%
Original Mortgage
$1,719,000
Outstanding Balance
$1,688,905
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$585,867
Purchase Details
Closed on
Sep 18, 2017
Sold by
Patino Hugo and Patino Leslie N
Bought by
Patino Hugo and Patino Leslie N
Purchase Details
Closed on
Nov 8, 2010
Sold by
Farnsworth R Kent and Farnsworth Jain L
Bought by
Patino Hugo and Patino Leslie N
Purchase Details
Closed on
Dec 21, 2006
Sold by
Green Daniel J and Green April M
Bought by
Farnsworth R Kent and Farnsworth Jain L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 14, 2001
Sold by
Green Daniel J and Green April M
Bought by
Green Daniel J and Green April M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mealey Forest | $2,150,000 | Chicago Title | |
| Patino Hugo | -- | None Available | |
| Patino Hugo | $1,025,000 | First American Title Company | |
| Farnsworth R Kent | $1,500,000 | First American Title Co | |
| Green Daniel J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mealey Forest | $1,719,000 | |
| Previous Owner | Farnsworth R Kent | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $2,150,000 | +2.4% | $909 / Sq Ft |
| 01/28/2024 01/28/24 | Pending | -- | -- | -- |
| 01/23/2024 01/23/24 | For Sale | $2,100,000 | -- | $888 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $13,927 | $2,193,000 | $765,000 | $1,428,000 |
| 2024 | $13,927 | $2,150,000 | $750,000 | $1,400,000 |
| 2023 | $13,712 | $1,262,202 | $615,709 | $646,493 |
| 2022 | $13,523 | $1,237,454 | $603,637 | $633,817 |
| 2021 | $13,325 | $1,213,191 | $591,801 | $621,390 |
| 2020 | $12,821 | $1,200,752 | $585,733 | $615,019 |
| 2019 | $13,456 | $1,177,209 | $574,249 | $602,960 |
| 2018 | $12,915 | $1,154,128 | $562,990 | $591,138 |
| 2017 | $11,959 | $1,131,499 | $551,951 | $579,548 |
| 2016 | $11,745 | $1,109,314 | $541,129 | $568,185 |
| 2015 | $11,576 | $1,092,652 | $533,001 | $559,651 |
| 2014 | $11,375 | $1,071,250 | $522,561 | $548,689 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Menendez
-
M
Buyer's Agent in 2024
Matthew Pridey
Agency One Real Estate
-
Sean Griffin
Buyer Co-Listing Agent in 2024
Sean Griffin
Agency One Real Estate
(831) 262-1955
1 in this area
54 Total Sales
Map
Source: MLSListings
MLS Number: ML81952185
APN: 001-332-006-000
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