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Sold for $849,000
  • $849,000

    504 Ocean Ave APT 2, Monterey, CA 93940

    2beds
    1,178sqft
    Condominium, Residential
    Built in 1981
    -- sqft lot
    $849,000 Zestimate®
    $721/sqft
    $3,395 Estimated rent

    Home value

    $849,000

    $764,000 - $942,000

    $3,395/mo

    Zestimate® history
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    What's special

    New water heaterUpscale remodelNew bathsNew appliancesLuxury vinyl flooring throughoutLots of storageIn unit washer-dryer
    New, new, new! Complete upscale remodel, truly turnkey. 2 beds, 2 baths. Must purchase with lease. Great investment! Has just been leased for 18 months at $4200- monthly June 20-December 2027. New condo roof in 2024, new kitchen with quartz island, new appliances, new baths, luxury vinyl flooring throughout, new water heater, air conditioner, drywall, insulation, plumbing, electrical, paint, fireplace with birch log insert, freshly sealed windows, in unit washer-dryer, lots of storage. Siding and decks scheduled for repair this summer. One block to NPS, five blocks to the beach, wharf, MPC and town. Excellent rental income. 10x10 locked storage room, 2 spaces in garage, and 2 street permits.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kirsten Tarman 01388595 831-333-6995,

    Sotheby’s International Realty 831-624-1566

    Bought with:

    Joe Smith, 01335794

    Sotheby’s International Realty

    Source: MLSListings Inc,MLS#: ML82029355MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: ShowerandTub, Tile, UpdatedBaths, FullonGroundFloor
    Dining room
    • Features: NoFormalDiningRoom
    Family room
    • Features: KitchenFamilyRoomCombo
    Kitchen
    • Features: Island
    Heating
    • Central Forced Air
    Cooling
    • None
    Appliances
    • Included: Electric Oven/Range, Refrigerator, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Vinyl Linoleum
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,178
    • Total interior livable area: 1,178 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned
    • Garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Balcony/Patio, Deck
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 9,804 Square Feet
    • Features: None
    Details
    • Additional structures: StorageFacility
    • Parcel number: 001842017000
    • Zoning: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium, Residential
    Materials
    • Foundation: Pillar/Post/Pier
    • Roof: TarGravel
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Utilities for property: Public Utilities

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $450 monthly
    Location
    • Region: Monterey

    Financial & listing details

    • Price per square foot: $721/sqft
    • Tax assessed value: $868,734
    • Date on market: 2/4/2026
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    8/3/2026Sold$849,000$721/sqft
    Source: MLSListings Inc #ML82029355 Report a problem
    7/5/2026Contingent$849,000$721/sqft
    Source: MLSListings Inc #ML82029355 Report a problem
    4/19/2026Price change$849,000-5.6%$721/sqft
    Source: MLSListings Inc #ML82029355 Report a problem
    2/4/2026Listed for sale$899,000+7.7%$763/sqft
    Source: MLSListings Inc #ML82029355 Report a problem
    9/15/2023Sold$835,000-1.8%$709/sqft
    Source: MLSListings Inc #ML81937471 Report a problem
    9/4/2023Pending sale$849,900$721/sqft
    Source: MLSListings Inc #ML81937471 Report a problem
    8/30/2023Listed for sale$849,900$721/sqft
    Source: MLSListings Inc #ML81937471 Report a problem
    8/16/2023Pending sale$849,900$721/sqft
    Source: MLSListings Inc #ML81937471 Report a problem
    8/7/2023Listed for sale$849,900+25.9%$721/sqft
    Source: MLSListings Inc #ML81937471 Report a problem
    1/28/2021Sold$675,000+4%$573/sqft
    Source: Public Record Report a problem
    1/5/2021Contingent$649,000$551/sqft
    Source: MLSListings Inc #ML81820588 Report a problem
    11/29/2020Pending sale$649,000$551/sqft
    Source: Bailey Properties #ML81820588 Report a problem
    11/21/2020Listed for sale$649,000+14.9%$551/sqft
    Source: Bailey Properties #ML81820588 Report a problem
    6/25/2018Sold$565,000$480/sqft
    Source: Agent Provided Report a problem
    5/18/2018Pending sale$565,000$480/sqft
    Source: Sotheby's International Realty - Carmel - Rancho Brokerage #81705087 Report a problem
    5/11/2018Listed for sale$565,000+189.7%$480/sqft
    Source: Sotheby's Int'l Realty-Rancho #ML81705087 Report a problem
    1/9/1998Sold$195,000$166/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $868,734 +2%
    2025$9,845 +8.1%$851,700 +2%
    2024$9,106 +20%$835,000 +18.9%
    2023$7,592 +1.4%$702,270 +2%
    2022$7,486 +15.3%$688,500 +15.9%
    2021$6,490 +3.9%$593,915 +1%
    2020$6,244 -4.7%$587,826 +2%
    2019$6,551 +109.8%$576,300 +110.6%
    2018$3,122 +7.9%$273,630 +2%
    2017$2,894 +1.4%$268,266 +2%
    2016$2,856 +1.4%$263,007 +1.5%
    2015$2,815 +1.7%$259,057 +2%
    2014$2,768 $253,983 +2.5%
    2012-- $247,879 +2%
    2011-- $243,020 +0.8%
    2010-- $241,205 -0.2%
    2009-- $241,779 +2%
    2008-- $237,039 +2%
    2007-- $232,392 +2%
    2006-- $227,836 +2%
    2005-- $223,370 +2%
    2004-- $218,991 +1.9%
    2003-- $214,979 +2%
    2002-- $210,764 +2%
    2001$2,083 $206,632 +2%
    2000-- $202,580
    Find assessor info on the county website

    Neighborhood: Oak Grove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MontereyPeninsulaUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $849,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $849,000