NOT LISTED FOR SALE

Estimated Value: $1,133,000 - $1,302,000

3 Beds
2 Baths
1,100 Sq Ft
$1,107/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $785,000 $714 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,240/month

43 Days on Market

Highlights

  • Bay View
  • Balcony
  • Breakfast Bar
  • Monterey High School Rated A
  • 2 Car Detached Garage
  • 3-minute walk to Larkin Park

About This Home

As of July 2017

Updated 3 bedroom 2 bath "Old Town" charmer just a few blocks from downtown Monterey, the Wharf and main beach. Remodeled kitchen with stainless steel appliances, updated baths, beautiful flooring, wood burning fireplace and a view out the kitchen window of the Monterey Bay. In the back you'll find a spacious patio and a detached 2 car garage. Added bonus - extra storage/work shop under the house! Ideal for stashing all those special treasures you don't want to depart with.

Last Agent to Sell the Property

Becky Jones

Shankle Real Estate License #01250885 Listed on: 05/13/2017

Shankle Real Estate

Last Buyer's Agent

Monterey Peninsula Home Team

KW Coastal Estates License #01715978

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,748

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Back and Front Yard Fenced
  • Gentle Sloping Lot
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Bay Views
  • Breakfast Bar
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 001-353-007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,748

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 92
  • Listing Class: Residential
  • Structure Sq Ft: 1100
  • Incorporated: Yes
  • Year Built: 1925
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Living Sq Ft: 1100
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Monte Vista Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 544
  • Middle School: 37460

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Parcel Number: 001-353-007-000
  • Lot Acres: 0.1100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4800.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Smith Todd C and Smith Susan R
Bought by
Smith Todd C and Smith Susan R
Current Estimated Value
$1,217,172

Purchase Details

Listed on
May 13, 2017
Closed on
Jul 24, 2017
Sold by
Rincon Alida
Bought by
Smith Todd C and Smith Susan R
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
Monterey Peninsula Home Team
KW Coastal Estates
List Price
$808,000
Sold Price
$785,000
Premium/Discount to List
-$23,000
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$575,000
Outstanding Balance
$481,442
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$697,680

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 22, 2016
Sold by
Merino John P
Bought by
Rincon Alida
Seller's Agent
John Davi
Davi Properties Group
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$784,900
Sold Price
$780,000
Premium/Discount to List
-$4,900
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$418,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 24, 2016
Closed on
Feb 4, 2016
Sold by
Wilson Garnet J and Logan Gloria J
Bought by
Merino John P
Seller's Agent
Mario Torrente
Shankle Real Estate
Buyer's Agent
John Davi
Davi Properties Group
List Price
$629,000
Sold Price
$599,000
Premium/Discount to List
-$30,000
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.76%

Purchase Details

Closed on
Jan 7, 2010
Sold by
Wilson Mary T
Bought by
Wilson Garnet J and Logan Gloria J

Purchase Details

Closed on
Nov 5, 1998
Sold by
Wilson Garnet J and Wilson Mary Ann
Bought by
Wilson Mary T and The Garnet J & Mary T Wilson 1
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
Smith Todd C -- None Available
Smith Todd C -- None Available
Smith Todd C $785,000 First American Title Company
Rincon Alida $780,000 First American Title Company
Merino John P $599,000 First American Title Company
Wilson Garnet J -- None Available
Wilson Mary T -- None Available
Wilson Mary T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Todd C $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $785,000 -1.8% $714 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
05/31/2017 05/31/17 Price Changed $799,000 -1.1% $726 / Sq Ft
05/13/2017 05/13/17 For Sale $808,000 +3.6% $735 / Sq Ft
05/27/2016 05/27/16 Sold $780,000 -0.6% $702 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $784,900 +31.0% $706 / Sq Ft
02/16/2016 02/16/16 Sold $599,000 -4.8% $539 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/24/2016 01/24/16 For Sale $629,000 -- $566 / 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 $9,748 $907,694 $455,130 $452,564
2024 $9,748 $889,897 $446,206 $443,691
2023 $9,519 $872,449 $437,457 $434,992
2022 $9,388 $855,343 $428,880 $426,463
2021 $9,252 $838,572 $420,471 $418,101
2020 $8,902 $829,974 $416,160 $413,814
2019 $9,196 $800,700 $408,000 $392,700
2018 $8,827 $785,000 $400,000 $385,000
2017 $8,446 $795,600 $408,000 $387,600
2016 $770 $71,912 $26,831 $45,081
2015 $759 $70,832 $26,428 $44,404
2014 $746 $69,446 $25,911 $43,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81651384

MLSListings

APN: 001-353-007-000