NOT LISTED FOR SALE

Estimated Value: $941,551 - $1,199,000

3 Beds
2 Baths
1,296 Sq Ft
$826/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $650,000 $502 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,299/month

35 Days on Market

Highlights

  • Forest View
  • Wood Flooring
  • High Ceiling
  • Monterey High School Rated A
  • Mediterranean Architecture
  • Den

About This Home

As of March 2019

Charming vintage home...private 3 bedroom with a den(4th bedroom?) and 2 baths with access trail easing walkers towards Historic Downtown Monterey, the Farmers Market, walking/biking trails, dining and local attractions. Go back in time... delight in your own personal touches to the coved ceilings, plaster walls, built in buffets, china cabinets, quaint storage niches and closets. The tiled kitchen is spacious for a small breakfast table, in addition to the dining room! The romantic living room with fireplace has an additional sitting area. Perhaps the den could become a 4th bedroom or combine the 2nd and 3rd bedrooms for a spacious master suite! Newer Roof, sewer lines, updated bathrooms, garage and flooring. BBQ at sunset in the enclosed back yard area with covered patio! This home will be sold "as is". This home has been lovingly enjoyed since the 1950's as a residence, a 2nd home and rental property. Note Carmelo is a commercial zoned neighborhood! Commercial options.

Last Agent to Sell the Property

Mary Carver

Coldwell Banker Realty License #01006622 Listed on: 12/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Kathie Gomes

KW Bay Area Estates License #01332742

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 4,853 Sq Ft Lot
  • Back and Front Yard Fenced
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Mostly Level
  • Grass Covered Lot
  • Potential for Re-Zoning

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Forest
  • Neighborhood
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Bungalow
  • Fixer Upper
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Garden Windows
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Located Outside
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-603-007-000

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Mediterranean
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1296
  • Year Built: 1927
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 1296
  • Stories: 1
  • Laundry: In Utility Room, Outside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower over Tub - 1, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Court, Forest / Woods, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back, Fenced Front, Partial Fencing
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, On Street, Tandem Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling

Schools

  • High School: 545

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Potential Re-Zone
  • Parcel Number: 001-603-007-000
  • Lot Acres: 0.1114
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4853.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4853.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Walter Colton
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Feb 25, 2019
Sold by
Delahaie Wendy D
Bought by
Kleinschmidt Charles and Kleinschmidt Jamie
Seller's Agent
Mary Carver
Coldwell Banker Realty
Buyer's Agent
Kathie Gomes
KW Bay Area Estates
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,070,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,276
Avg. Annual Appreciation
7.53%
Original Mortgage
$500,000
Outstanding Balance
$439,585
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$630,691
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
Kleinschmidt Charles $650,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinschmidt Charles $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $650,000 -7.1% $502 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/15/2019 01/15/19 Price Changed $699,999 +0.1% $540 / Sq Ft
12/31/2018 12/31/18 For Sale $699,000 -- $539 / 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 $8,422 $781,368 $585,645 $195,723
2024 $8,422 $766,048 $574,162 $191,886
2023 $8,224 $751,028 $562,904 $188,124
2022 $8,111 $736,303 $551,867 $184,436
2021 $7,961 $721,867 $541,047 $180,820
2020 $7,145 $663,000 $535,500 $127,500
2019 $751 $56,948 $34,410 $22,538
2018 $727 $55,833 $33,736 $22,097
2017 $679 $54,739 $33,075 $21,664
2016 $668 $53,667 $32,427 $21,240
2015 $659 $52,861 $31,940 $20,921
2014 $650 $51,827 $31,315 $20,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81733844

MLSListings

APN: 001-603-007-000