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Under contract
    • Price cut: $50K (4/19)
    $849,000

    504 Ocean Ave APT 2, Monterey, CA 93940

    2beds
    1,178sqft
    : 
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    Condominium, Residential
    Built in 1981
    -- sqft lot
    $830,300 Zestimate®
    $721/sqft
    $450/mo HOA

    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.
    157 days
    |
    552
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kirsten Tarman 01388595 831-333-6995,

    Sotheby’s International Realty 831-624-1566

    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: $851,700
      • Annual tax amount: $9,845
      • Date on market: 2/4/2026
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: CashorConventionalLoan

        Estimated market value

        $830,300

        $789,000 - $872,000

        $3,319/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Oak Grove

        Getting around

        74 / 100
        Very Walkable
        40 / 100
        Some Transit
        77 / 100
        Very Bikeable

        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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