NOT LISTED FOR SALE

Estimated Value: $1,129,000 - $1,242,000

2 Beds
1 Bath
1,067 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $939,000 $880 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,271/month

8 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Laundry in Utility Room
  • Monterey High School Rated A
  • Bathtub with Shower
  • Forced Air Heating System

About This Home

As of May 2021

Rare Spanish Style Cottage home located on President's Hill in desirable "Old Town" Monterey with peeks of the Bay! This beautiful home is within strolling distance of shopping, fine dining, theaters, the farmers market, Duffy's, the rec trail and Fishermans Wharf. Appreciate the view while sipping your morning coffee or relax in the evening watching beautiful city lights across the bay. This home was built in +/- 1928 and exudes great character such as beautiful window casings, arched doorways, refinished hardwood flooring (new hardwood floors in bedrooms) a cozy fireplace, and has been recently painted inside and out. Enjoy the private backyard built for entertaining. The one car garage is completely finished and makes for clean storage or work out room. The new low maintenance landscaping is sure to please! This home will not last!

Last Agent to Sell the Property

Sara Phelps

KW Coastal Estates License #01434019 Listed on: 03/19/2021

KW Coastal Estates

Last Buyer's Agent

Susan Spiegel

KW Coastal Estates License #01469814

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,888

Year Built

  • 1928

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,067 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Area
  • Gas Oven
  • Laundry in Utility Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,888

Year Built

1928

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1-6
  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 1067
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Exhaust Fan, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 1067
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.0600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2614.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2614.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 4, 2021
Sold by
Nylen Kirsten L and The 2012 Kirsten Nylon Family
Bought by
Costantino Jon and Costantino Sharon
Seller's Agent
Sara Phelps
KW Coastal Estates
Buyer's Agent
Susan Spiegel
KW Coastal Estates
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
$1,167,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,927
Avg. Annual Appreciation
5.55%
Original Mortgage
$751,200
Outstanding Balance
$683,662
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$498,765

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 7, 2020
Sold by
Hanssen Caureen Ann
Bought by
Nylen Kirsten L and The 2012 Kirsten Nylen Famity
Seller's Agent
Annette Boggs
Coldwell Banker Realty
Buyer's Agent
Sara Phelps
KW Coastal Estates
List Price
$835,000
Sold Price
$872,000
Premium/Discount to List
$37,000
4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Dec 5, 2018
Sold by
Hanssen Kevin M
Bought by
Hanssen Caureen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2004
Sold by
Chester Brian D
Bought by
Hanssen Kevin M and Hanssen Caureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2002
Sold by
Buschke Thaddeus M
Bought by
Chester Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 17, 2000
Sold by
Buschke Thaddeus M
Bought by
Buschke Thaddeus M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 16, 2000
Sold by
Harbick Lee C
Bought by
Buschke Thaddeus M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.62%
Mortgage Type
Unknown
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
Costantino Jon $939,000 Chicago Title Company
Nylen Kirsten L $872,000 Chicago Title Company
Hanssen Caureen Ann -- Fidelity National Title Coi
Hanssen Kevin M $610,000 First American Title
Chester Brian D $350,000 First American Title
Buschke Thaddeus M -- Fidelity National Title Co
Buschke Thaddeus M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costantino Jon $751,200
Previous Owner Hanssen Caureen Ann $392,000
Previous Owner Hanssen Kevin M $302,000
Previous Owner Hanssen Kevin M $80,000
Previous Owner Hanssen Kevin $100,000
Previous Owner Hanssen Kevin M $333,700
Previous Owner Chester Brian D $75,000
Previous Owner Chester Brian D $350,000
Previous Owner Buschke Thaddeus M $55,000
Previous Owner Buschke Thaddeus M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $939,000 0.0% $880 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $939,000 +7.7% $880 / Sq Ft
10/13/2020 10/13/20 Sold $872,000 +4.4% $817 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $835,000 -- $783 / 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 $10,888 $1,016,401 $703,580 $312,821
2024 $10,888 $996,473 $689,785 $306,688
2023 $10,648 $976,935 $676,260 $300,675
2022 $10,502 $957,780 $663,000 $294,780
2021 $9,541 $939,000 $650,000 $289,000
2020 $8,270 $777,471 $637,274 $140,197
2019 $8,678 $762,228 $624,779 $137,449
2018 $8,329 $747,283 $612,529 $134,754
2017 $6,234 $592,000 $485,000 $107,000
2016 $5,907 $560,000 $459,000 $101,000
2015 $5,847 $554,000 $454,000 $100,000
2014 $4,983 $471,000 $386,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81834901

MLSListings

APN: 001-343-004-000