NOT LISTED FOR SALE

989 Jefferson St Monterey, CA 93940

Old Town Neighborhood

Estimated Value: $1,100,000 - $1,590,000

3 Beds
2 Baths
1,120 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $1,140,000 $1,018 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,391/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Balcony
  • Monterey High School Rated A
  • Quartz Countertops
  • Open to Family Room

About This Home

As of October 2022

The Jewel Of Monterey! Welcome home to this rare gem with vintage flair rebuilt in 2018 in honor of its original era. Offering an open floor plan with vaulted ceilings and an abundance of light shining through numerous windows, you'll feel inspired to entertain to your heart's delight in the spacious kitchen, which flows into living & dining areas, quartz countertops, stainless steel appliances, generous cabinetry & pantry. The private primary suite is tucked away on the lower level with 2 additional bedrooms & a 2nd full bathroom off the main living area. Relax on the generous back deck with views of trees & hills or stroll down the lovely garden path. Prime location in historic Spaghetti Hill close to Old Town Monterey, Fisherman's Wharf, Cannery Row, the Aquarium, Veterans Park, Restaurants, Amenities & Beaches, perfect for peaceful walks or bike rides along miles of paved coastal trails. Home offers both HVAC & Solar, a 1 car garage & extra storage. Make this your Home Sweet Home

Last Agent to Sell the Property

Kathleen Manning

Sotheby’s International Realty License #00885315 Listed on: 09/16/2022

Last Buyer's Agent

Laura Lee Magana

eXp Realty of California Inc License #00985267

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,593

Year Built

  • 2018

Lot Details

  • 3,202 Sq Ft Lot
  • Lot Sloped Down
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Dining Area

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,593

Year Built

2018

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Age: 4
  • Listing Class: Residential
  • Structure Sq Ft: 1120
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Garbage Disposal, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 1120
  • Stories: 2
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Sloped Down, Grade - Varies
  • Lot Acres: 0.0735
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3200.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 12, 2022
Sold by
Olson Timothy
Bought by
Stocks Ethan and White Karina
Seller's Agent
Kathleen Manning
Sotheby’s International Realty
Buyer's Agent
Laura Lee Magana
eXp Realty of California Inc
List Price
$1,089,000
Sold Price
$1,140,000
Premium/Discount to List
$51,000
4.68%
Views
30
Current Estimated Value
$1,347,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,336
Avg. Annual Appreciation
4.15%
Original Mortgage
$648,000
Outstanding Balance
$623,489
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$657,481

Purchase Details

Closed on
Nov 5, 2016
Sold by
Torres Ernest W and Torres Carmen E
Bought by
Olson Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Foxworthy Mary L
Bought by
Foxworthy Mary L and Torres Ernest W
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
Stocks Ethan $1,140,000 Old Republic Title
Olson Timothy $500,000 Old Republic Title Co
Foxworthy Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stocks Ethan $648,000
Previous Owner Olson Timothy $385,000
Previous Owner Olson Timothy $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $1,140,000 +4.7% $1,018 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $1,089,000 -- $972 / 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 $12,593 $1,186,056 $676,260 $509,796
2024 $12,593 $1,162,800 $663,000 $499,800
2023 $12,335 $1,140,000 $650,000 $490,000
2022 $8,484 $1,140,000 $650,000 $490,000
2021 $8,359 $763,854 $428,880 $334,974
2020 $8,042 $756,023 $424,483 $331,540
2019 $8,455 $741,200 $416,160 $325,040
2018 $5,766 $510,000 $408,000 $102,000
2017 $5,341 $500,000 $400,000 $100,000
2016 $1,025 $48,596 $19,481 $29,115
2015 $762 $47,867 $19,189 $28,678
2014 $508 $46,931 $18,814 $28,117
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Manning

    Seller's Agent in 2022

    Kathleen Manning

    Sotheby’s International Realty

    (831) 566-3127

    1 in this area

    51 Total Sales

    Kathleen Manning
    Section Image

  • L

    Buyer's Agent in 2022

    Laura Lee Magana

    eXp Realty of California Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81907318

MLSListings

APN: 001-332-010-000

California Monterey County Monterey 93940 Old Town

989 Jefferson St, Monterey, CA

This home is located at 989 Jefferson St, Monterey, CA 93940 since 16 September 2022 and is currently estimated at $1,347,336, approximately $1,202 per square foot. This property was built in 2018. 989 Jefferson St is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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