NOT LISTED FOR SALE

500 Glenwood Cir Unit 216 Monterey, CA 93940

East Monterey Neighborhood

Estimated Value: $466,159 - $493,000

1 Bed
1 Bath
630 Sq Ft
6,970 Sq Ft Lot

Last Sold January 16, 2024

Last sale price $450,000 $714 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,030/month

20 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Mediterranean Architecture
  • Senior Community
  • Main Floor Bedroom
  • Balcony

About This Home

As of January 2024

Welcome to your oasis in the heart of Monterey! This upgraded ground floor 1 Bedroom, 1 Bathroom unit at the Ocean Forest Condominiums is perfect for those seeking a relaxing coastal lifestyle. With a private and spacious 630 sq ft of living space and an extra large patio area, you'll have plenty of room to relax and entertain. Water, gas, and electricity all included in HOA fees. The location is unbeatable. The home is close to Monterey Peninsula College, Del Monte Shopping Center, Navy Postgraduate School, and is only a short stroll to the beach or downtown Monterey/Alvarado Street. Whether you're looking for a day at the beach or a night on the town, this home has it all. Don't miss the opportunity to make this charming condo yours. It's time to live your best life in beautiful Monterey!

Last Listed By

The C Group

Real Brokerage Technologies License #70010221 Listed on: 12/12/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,390

Year Built

  • Built in 1970

Lot Details

  • 6,970

Home Design

  • Mediterranean Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 630 Sq Ft Home
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Thermostat
  • Master Meter

Listing and Financial Details

  • Assessor Parcel Number 001-774-007-000

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, electricity, exterior painting, garbage, gas, heating, hot water, insurance - common area, insurance - hazard, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, roof, sewer, water
  • Ocean Forest HOA
  • Built by Ocean Forrest

Amenities

  • Clubhouse
  • Laundry Facilities
  • Common Utility Room
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,390

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Age - No Restrictions, Retirement Community, Senior Community
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 630
  • Complex Name: Ocean Forrest
  • Year Built: 1970
  • Zoning Description: R G 15
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Formica, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 630
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Community Facility, In Utility Room, Washer / Dryer
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - Fenced, Pool - In Ground
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, BBQ Area
  • Pool: Yes
  • Construction Type: Cinder Block, Concrete, Concrete Block

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 412
  • HOA Amenities: Additional Storage, BBQ Area, Club House, Common Utility Room, Community Pool
  • Association Fees Include: Common Area Electricity, Common Area Gas, Electricity, Exterior Painting, Garbage, Gas, Heating, Hot Water, Insurance - Common Area, Insurance - Hazard, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Roof, Sewer, Water
  • H O A Name Text: Ocean Forest HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-774-007-000

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Thermostat Controller

Multi Family

  • Utilities: Master Meter, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Molavi Mahmoud
Bought by
Sunny Sanaz 2025 and Molavi
Total Days on Market
20
Current Estimated Value
$477,290

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 7, 2024
Sold by
Wright Amy Eileen
Bought by
Molavi Mahmoud
Seller's Agent
The C Group
Real Brokerage Technologies
Buyer's Agent
Paula Macnab
David Lyng Real Estate
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 2, 2021
Sold by
Wright Jeffrey Grant
Bought by
Wright Amy Eileen
Seller's Agent
Bert Aronson
KW Coastal Estates
Buyer's Agent
Chris Burkert
KW Coastal Estates
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$347,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 29, 2021
Sold by
Lucido Maria H and Fleming Darien K
Bought by
Wright Amy Eileen
Seller's Agent
Bert Aronson
KW Coastal Estates
Buyer's Agent
Chris Burkert
KW Coastal Estates
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2021
Sold by
Lucido Maria H and Maria H Lucido 2003 Trust
Bought by
Lucido Maria H and Fleming Darien K

Purchase Details

Closed on
Dec 17, 2003
Sold by
Lucido Maria H
Bought by
Lucido Maria H

Purchase Details

Closed on
Oct 6, 2003
Sold by
Aronson Charles M
Bought by
Lucido Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 1996
Sold by
Haverty John P and Haverty Nancy J
Bought by
Bellis Yvette

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 Buyer Sale Price Title Company
Sunny Sanaz 2025 -- None Listed On Document
Molavi Mahmoud $450,000 Old Republic Title Company
Wright Amy Eileen -- Old Republic Title Company
Wright Amy Eileen $379,000 Old Republic Title Company
Lucido Maria H -- None Available
Lucido Maria H -- --
Lucido Maria $245,000 Old Republic Title
Bellis Yvette $115,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Amy Eileen $347,100
Previous Owner Wright Amy Eileen $347,100
Previous Owner Lucido Maria H $72,806
Previous Owner Lucido Maria H $100,137
Previous Owner Lucido Maria H $103,628
Previous Owner Lucido Maria H $105,000
Previous Owner Lucido Maria H $100,000
Previous Owner Lucido Maria H $108,000
Previous Owner Lucido Maria $105,000
Previous Owner Aronson Charles M $92,000
Previous Owner Aronson Charles M $25,000
Closed Lucido Maria $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $450,000 -2.0% $714 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $459,000 +21.1% $729 / Sq Ft
07/09/2021 07/09/21 Sold $379,000 0.0% $602 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $379,000 0.0% $602 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $379,000 0.0% $602 / Sq Ft
05/17/2021 05/17/21 Price Changed $378,888 -2.6% $601 / Sq Ft
04/21/2021 04/21/21 For Sale $389,000 -- $617 / 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
2024 $4,390 $450,000 $300,000 $150,000
2023 $4,223 $386,580 $219,300 $167,280
2022 $4,164 $379,000 $215,000 $164,000
2021 $3,560 $379,000 $215,000 $164,000
2020 $3,425 $318,511 $208,009 $110,502
2019 $3,594 $312,267 $203,931 $108,336
2018 $3,304 $293,000 $191,000 $102,000
2017 $2,984 $280,000 $183,000 $97,000
2016 $2,988 $280,000 $183,000 $97,000
2015 $2,968 $278,000 $182,000 $96,000
2014 $2,500 $233,000 $152,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81949617

MLSListings

APN: 001-774-007-000