NOT LISTED FOR SALE

932 Portola Dr Monterey, CA 93940

Estimated Value: $1,000,415 - $1,137,000

2 Beds
1 Bath
1,166 Sq Ft
$910/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $700,000 $600 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,321/month

85 Days on Market

Highlights

  • City Lights View
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Monterey High School Rated A
  • Wood Flooring
  • Solarium

About This Home

As of December 2019

Rarely available Del Rey Oaks home on the south side of Portola with a Canyon Del Rey to Portola street to street 11,300 sq. ft. lot. This home has great views of the airport & Jacks Peak. No views of flag lot homes below. The house is ideal for the gardener with multiple terraced levels. Apple, pear, plum and lemon trees are here with a garden shed and sunroom. The terracing and retaining wall are an expensive investment. which few DRO homes have completed. The home is a single level home with an open eat-in kitchen, high ceilings, & granite counter. The living room has an open beam vaulted ceiling with a brick fireplace & spectacular views. There is hardwood flooring in the living room and bedrooms. One car garage plus two additional level parking spots. The rear area takes advantage of the sunshine with a patio that is perfect for family events or to enjoy the outside next to the firebox. Lot is large enough for an ADU once new water arrives - check with MPWMD & City.

Last Agent to Sell the Property

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 08/11/2019

Last Buyer's Agent

J.R. Rouse

Intero Real Estate Services License #01299649

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,007

Year Built

  • 1949

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Lot Sloped Down
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Property Views

  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Forest
  • Garden
  • Neighborhood

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,166 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Workshop
  • Solarium
  • Crawl Space

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,007

Year Built

1949

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1166
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Insert, Living Room, Wood Burning
  • Dining Room: Eat In Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1166
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: Outside, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Solarium, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Canyon, City Lights, Forest / Woods, Garden / Greenbelt, Hills, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Mixed Height / Type, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Lot Acres: 0.2594
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11300.00

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Gerdes Jon and Gerdes Carrie
Bought by
Gerdes Jon W and Gerdes Carrie S
Current Estimated Value
$1,061,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,082
Outstanding Balance
$503,356
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$515,303

Purchase Details

Listed on
Aug 11, 2019
Closed on
Dec 2, 2019
Sold by
Ackerman Kurt and Kurt Ackerman Revocable Trust
Bought by
Gerdes Jon and Gerdes Carrie
Seller's Agent
Hap Albers
Albers Real Estate Investment Company
Buyer's Agent
J.R. Rouse
Intero Real Estate Services
List Price
$739,000
Sold Price
$700,000
Premium/Discount to List
-$39,000
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$549,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Ackerman Kurt A
Bought by
Ackerman Kurt A and The Kurt Ackerman Revocable Tr

Purchase Details

Closed on
Mar 31, 2003
Sold by
Meyer Leo Pat and Meyer Yuriko
Bought by
Ackerman Kurt A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.78%
Source: Public Records

Range of Values:

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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
Gerdes Jon W -- Old Republic Title Company
Gerdes Jon $700,000 Old Republic Title Company
Ackerman Kurt A -- None Available
Ackerman Kurt A $475,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerdes Jon W $553,082
Closed Gerdes Jon $549,600
Previous Owner Ackerman Kurt A $219,000
Previous Owner Ackerman Kurt A $505,000
Previous Owner Ackerman Kurt A $484,000
Previous Owner Ackerman Kurt A $226,000
Previous Owner Ackerman Kurt A $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $700,000 -2.6% $600 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $719,000 -2.7% $617 / Sq Ft
08/11/2019 08/11/19 For Sale $739,000 -- $634 / 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 $8,007 $765,547 $546,820 $218,727
2024 $8,007 $750,538 $536,099 $214,439
2023 $7,963 $735,823 $525,588 $210,235
2022 $7,851 $721,396 $515,283 $206,113
2021 $7,736 $707,252 $505,180 $202,072
2020 $7,442 $700,000 $500,000 $200,000
2019 $7,098 $616,726 $350,560 $266,166
2018 $6,814 $604,635 $343,687 $260,948
2017 $5,798 $544,000 $309,000 $235,000
2016 $5,523 $517,000 $294,000 $223,000
2015 $4,610 $430,000 $244,000 $186,000
2014 $4,461 $415,000 $236,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81764162

MLSListings

APN: 012-482-011-000