NOT LISTED FOR SALE

Estimated Value: $2,424,000 - $3,272,457

5 Beds
4 Baths
4,200 Sq Ft
$668/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $1,850,000 $440 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $16,848/month

89 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Marble Flooring
  • Monterey High School Rated A
  • 0.39 Acre Lot
  • Outdoor Fireplace

About This Home

As of December 2016

Sitting high above Monterey in the Historic Old Town District, this stunningly sleek Colonial home overlooks the scenic expanse of downtown and across Monterey Bay. Firmly sited on a generously large 1/3 of acre lot, the home is an impressive estate. Renovated inside and out in 2015, the sophisticated 4200 sq ft home, masterfully blends the living spaces, offering wonderful entertaining areas as well as more intimate areas to retreat, like the stunning Bay view master suite that is privately located on the top floor. A fantastic, 1bd/1ba detached guest quarters sits in the lush, park-like grounds which were transformed by renowned landscape architect Bernard Trainor whom Trainor created a unique oasis of privacy. The beautiful grounds invites one to lounge leisurely, as well as entertain with both groups small and large. A generous package and it's just minutes from the buzz of down town. Truly a gem to experience.

Last Agent to Sell the Property

Dana A. Bambace

Carmel Realty Company License #01731448 Listed on: 08/09/2016

Carmel Realty Company

Last Buyer's Agent

Barbara Ehrenpreis

Carmel Realty Company License #01136716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,751

Year Built

  • Built in 2001

Lot Details

  • 0.39 Acre Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Guest Parking
  • On-Street Parking

Property Views

  • Ocean
  • Marina
  • City Lights

Home Design

  • Tudor Architecture
  • Wood Frame Construction
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Bonus Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Additional Features

  • Outdoor Fireplace
  • Guest House
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-341-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,751

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 4200
  • Year Built: 2001
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Dining Area, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Double, Oven Range - Built-In, Gas, Pantry, Refrigerator, Trash Compactor
  • Living Sq Ft: 4200
  • Stories: 3
  • Security: Fire Alarm, Security Alarm
  • Laundry: Hookup - Electric, Gas Hookup, Upper Floor, Washer / Dryer
  • Flooring: Hardwood, Laminate, Marble, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Guest House, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Marble, Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Slate
  • View: City Lights, Marina, Ocean
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced, Low Maintenance, Outdoor Fireplace, Sprinklers - Lawn
  • Fencing: Fenced Back, Fenced Front, Gate
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, On Street, Parking Area

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Monte Vista Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 544
  • Middle School: 37460

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down
  • Parcel Number: 001-341-013-000
  • Lot Acres: 0.3860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16801.09
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16801.09
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Monte Vista Elementary
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Arnold Charlotte C and Arnold Michael A
Bought by
2024 Arnold Family Trust and Arnold
Current Estimated Value
$2,806,364

Purchase Details

Listed on
Aug 9, 2016
Closed on
Dec 14, 2016
Sold by
Revocabl Minnich Thomas W and Revocabl Thomas W Minnich 2011
Bought by
Arnold Charlotte C and Arnold Revocable T Charlotte C
Seller's Agent
Dana A. Bambace
Carmel Realty Company
Buyer's Agent
Barbara Ehrenpreis
Carmel Realty Company
List Price
$2,150,000
Sold Price
$1,850,000
Premium/Discount to List
-$300,000
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Minnich Thomas W and The Thomas W Minnich 2011 Revo
Bought by
Minnich Thomas W and The Thomas W Minnich 2011 Revo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,875
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2014
Closed on
May 15, 2014
Sold by
Jacobs Linda K and Linda K Jacobs Revocable Trust
Bought by
Minnich Thomas W and The Thomas W Minnich 2011 Revo
Seller's Agent
Mary Stocker
Carmel Realty Company
Buyer's Agent
Dana A. Bambace
Carmel Realty Company
List Price
$1,795,000
Sold Price
$1,390,000
Premium/Discount to List
-$405,000
-22.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Jacobs Linda K
Bought by
Trut Jacobs Linda K and Trut Linda K Jacobs Revocable

Purchase Details

Closed on
May 7, 2012
Sold by
Hanna William and Jacobs Family Trust
Bought by
Jacobs Linda K

Purchase Details

Closed on
May 19, 2003
Sold by
Suero Joanna
Bought by
Jacobs Joseph J and Hanna William

Purchase Details

Closed on
Nov 29, 2002
Sold by
Suero David
Bought by
Suero Joanna

Purchase Details

Closed on
Aug 11, 1999
Sold by
Mcgee Morris L and Mcgee Beatrice G
Bought by
Suero David and Suero Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.51%
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 Buyer Sale Price Title Company
2024 Arnold Family Trust -- None Listed On Document
Arnold Charlotte C -- None Listed On Document
Arnold Charlotte C $1,850,000 Old Republic Title Company
Minnich Thomas W -- None Available
Minnich Thomas W $1,390,000 Old Republic Title Company
Trut Jacobs Linda K -- None Available
Jacobs Linda K -- None Available
Jacobs Joseph J $1,975,000 Chicago Title
Suero Joanna -- --
Suero David $550,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Charlotte C $900,000
Previous Owner Minnich Thomas W $620,875
Previous Owner Minnich Thomas W $626,000
Previous Owner Suero David $775,000
Previous Owner Suero David $500,000
Previous Owner Mcgee Morris L $84,000
Previous Owner Mcgee Morris L $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $1,850,000 -14.0% $440 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $2,150,000 +54.7% $512 / Sq Ft
05/22/2014 05/22/14 Sold $1,390,000 -12.9% $331 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
03/06/2014 03/06/14 Price Changed $1,595,000 -11.1% $380 / Sq Ft
01/24/2014 01/24/14 For Sale $1,795,000 -- $427 / 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 $22,751 $2,147,078 $696,348 $1,450,730
2024 $22,751 $2,104,980 $682,695 $1,422,285
2023 $22,448 $2,063,707 $669,309 $1,394,398
2022 $22,139 $2,023,243 $656,186 $1,367,057
2021 $21,818 $1,983,572 $643,320 $1,340,252
2020 $20,990 $1,963,234 $636,724 $1,326,510
2019 $22,040 $1,924,740 $624,240 $1,300,500
2018 $21,151 $1,887,000 $612,000 $1,275,000
2017 $19,581 $1,850,000 $600,000 $1,250,000
2016 $15,292 $1,439,392 $621,320 $818,072
2015 $15,074 $1,417,772 $611,988 $805,784
2014 $14,622 $1,372,000 $904,000 $468,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81599175

MLSListings

APN: 001-341-013