$740,000
SOLD APR 6, 2021
3 Beds
3 Baths
1,875 Sq Ft
$601/mo HOA Fee

Recently Sold

$395 Per Sq Ft

7% Below List Price

63 Days on Market

Highlights

  • Unit is on the top floor
  • Bay View
  • Vaulted Ceiling
  • Monterey High School Rated A
  • Primary Bedroom Suite
  • Balcony

About This Home

As of April 2021

Beautiful views of Monterey Bay and City Lights. This spacious unit has two master en suite bedrooms including a third bedroom. Wonderful vaulted ceilings make this unit feel spacious and grand.

Last Agent to Sell the Property

Kathryn Picetti

Sotheby’s International Realty License #01304078 Listed on: 01/04/2021

Sotheby’s International Realty

Last Buyer's Agent

Richard Warren

Sotheby’s International Realty License #00762584

Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1982

HOA Fees

  • $601 Monthly HOA Fees

Property Views

  • Bay
  • City Lights
  • Garden

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 3 Full Bathrooms
  • <<tubWithShowerToken>>
  • Walk-in Shower

Parking

  • Carport
  • No Garage
  • On-Street Parking

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • 220 Volts
  • Individual Gas Meter

Additional Features

  • Balcony
  • Unit is on the top floor

Community Details

  • Association fees include common area electricity, landscaping / gardening, maintenance - exterior, roof, water
  • Compass Association
  • Built by Shepherds Knolls
  • The community has rules related to credit or board approval

Listing and Financial Details

  • Assessor Parcel Number 008-253-013-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,077

Year Built

Built in 1982

Lot Details

0

HOA Fees

$601 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Board / Park Approval, Pets - Rules
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 1875
  • Complex Name: Shepherds Knolls
  • Year Built: 1982
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Dining Area in Living Room, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Ice Maker, Microwave, Oven - Electric
  • Living Sq Ft: 1875
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+, More than One Primary Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Showers over Tubs - 2+, Stall Shower, Tub in Primary Bedroom, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Bay, City Lights, Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Carport, No Garage, On Street

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 601
  • HOA Documents: Articles of Incorporation, Budget, Bylaws
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Landscaping / Gardening, Maintenance - Exterior, Roof, Water
  • H O A Name Text: Compass
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling, Wet Bar

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 008-253-013-000
  • Lot Acres: 0.0420
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1828.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1828.00

Multi Family

  • Utilities: Individual Gas Meters, Natural Gas, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Geojio Trust
Bought by
V W Lok Living Trust and Lok
Current Estimated Value
$1,124,174

Purchase Details

Closed on
Jun 18, 2021
Sold by
Obrien Gary Edward and Obrien Jeanne L
Bought by
Obrien Gary Edward and Obrien Jeanne Louise

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 1, 2021
Sold by
Teer Mary and The Hamid Niknia Living Trust
Bought by
Obrien Gary Edward and Obrien Jeanne L
Seller's Agent
Kathryn Picetti
Sotheby’s International Realty
Buyer's Agent
Richard Warren
Sotheby’s International Realty
List Price
$795,000
Sold Price
$740,000
Premium/Discount to List
-$55,000
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$555,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Niknia Hamid
Bought by
Niknia Hamid

Purchase Details

Closed on
Jun 5, 2007
Sold by
Morcus Kaiser E
Bought by
Niknia Hamid and Tavakoli Forouzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.14%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Grant Deed $1,188,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed $740,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $875,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $555,000 New Conventional
Previous Owner $625,000 Unknown
Previous Owner $345,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $360,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Rented $4,250 0.0% --
05/23/2022 05/23/22 Under Contract -- -- --
05/18/2022 05/18/22 For Rent $4,250 0.0% --
04/06/2021 04/06/21 Sold $740,000 -4.5% $395 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $775,000 -2.5% $413 / Sq Ft
01/04/2021 01/04/21 For Sale $795,000 -- $424 / 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 $6,077 $1,211,760 $714,000 $497,760
2024 $6,077 $1,188,000 $700,000 $488,000
2023 $5,891 $547,974 $370,253 $177,721
2022 $5,808 $537,231 $362,994 $174,237
2021 $7,484 $526,698 $355,877 $170,821
2020 $7,072 $662,000 $473,000 $189,000
2019 $7,857 $687,000 $491,000 $196,000
2018 $7,557 $675,000 $375,000 $300,000
2017 $7,617 $721,000 $515,000 $206,000
2016 $7,292 $689,000 $492,000 $197,000
2015 $6,623 $625,000 $446,000 $179,000
2014 $6,837 $644,000 $460,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81824486

MLSListings

APN: 008-253-013-000