NOT LISTED FOR SALE

Estimated Value: $1,502,000 - $3,399,000

5 Beds
3.5 Baths
2,619 Sq Ft
$1,001/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $3,300,000 $1,260 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $16,662/month

68 Days on Market

Highlights

  • Gated with Attendant
  • Fireplace in Primary Bedroom
  • Granite Countertops
  • Two Primary Bedrooms
  • High Ceiling
  • Security Gate

About This Home

As of June 2023

Newly and masterfully renovated, direct beach access, Ocean View beach home. Situated on the sand within the gated Pajaro Dunes community. An iconic structure, surrounded by architecturally unique homes and perfectly positioned between Silicon Valley and Carmel by the sea. Offering 5 bedrooms, 3 1/2 baths on three levels. Handcrafted wood detailing throughout the home. Six fireplaces, a spa-like sauna, high end fixtures/appliances, and a custom made teak and oak kitchen bar top. An incredible attention to detail has been given to every aspect of this home, built by highly recognized designer/builder Tim Martin. All new siding, wraparound deck, garden walls, and a private Jacuzzi/outdoor shower area wired and ready for your new hot tub. Appointed with all new designer, selected furnishings and accessories, allowing you to just unpack your suitcase and enjoy the ultimate beach home experience. This home is move-in ready and offers the ability to bring in top dollar as a vacation rental. Whether you are looking for an investment property or a beach home for yourself, you will love all that 111 Willet has to offer.

Last Agent to Sell the Property

Melanie Dangzalan

David Lyng Real Estate License #01937962 Listed on: 03/28/2023

David Lyng Real Estate

Co-Listed By

Natalia Lockwood

David Lyng Real Estate License #01958028

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,554

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Zoning described as SU

HOA Fees

  • $575 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,619 Sq Ft Home
  • High Ceiling
  • Family Room with Fireplace
  • 6 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Ice Maker
  • Granite Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • Covered Parking
  • Guest Parking
  • Unassigned Parking

Listing and Financial Details

  • Assessor Parcel Number 052-321-22-000

Community Details

Overview

  • Association fees include garbage, maintenance - common area, water / sewer
  • Pajaro Dunes Association

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,554

Year Built

Built in 1979

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Subclass: Single Family Home
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 2619
  • Year Built: 1979
  • Zoning Description: SU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Ice Maker, Oven - Electric, Refrigerator
  • Living Sq Ft: 2619
  • Security: Security Gate with Guard, Security Guard
  • Bedrooms: More than One Primary Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Concrete, Tile
  • Fireplaces Min: 6
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Pass Through, Primary - Stall Shower(s), Sauna, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Construction Type: Shingle, Wood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking, Unassigned Spaces

Utilities

  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 1724
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Garbage, Maintenance - Common Area, Water / Sewer
  • H O A Name Text: Pajaro Dunes Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Parcel Number: 052-321-22-000
  • Lot Acres: 0.2600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11326.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11326.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 13, 2023
Sold by
Dapc Llc
Bought by
El Bosque One Llc
Seller's Agent
Melanie Dangzalan
David Lyng Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,800,000
Sold Price
$3,300,000
Premium/Discount to List
-$500,000
-13.16%
Views
99
Current Estimated Value
$2,622,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$677,181
Avg. Annual Appreciation
-10.13%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 4, 2021
Sold by
Friedman Bryan H and Friedman Lena G
Bought by
Dapc Llc
Seller's Agent
Melanie Dangzalan
David Lyng Real Estate
Buyer's Agent
Melanie Dangzalan
David Lyng Real Estate
List Price
$1,849,000
Sold Price
$1,500,000
Premium/Discount to List
-$349,000
-18.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.14%
Original Mortgage
$4,000,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 1998
Sold by
First Trust National Assn
Bought by
Friedman Bryan H and Friedman Lena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,900
Interest Rate
7.18%

Purchase Details

Closed on
May 31, 1996
Sold by
Orourke Patrick K and Orourke Erin Oshaughnessy
Bought by
The Prudential Home Mtg Company Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
El Bosque One Llc -- Old Republic Title Company
Dapc Llc $1,500,000 Old Republic Title
Friedman Bryan H -- Old Republic Title Company
First Trust National Assn -- Old Republic Title Company
The Prudential Home Mtg Company Inc $399,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dapc Llc $4,000,000
Previous Owner Dapc Llc $4,000,000
Previous Owner Friedman Bryan H $176,300
Previous Owner Friedman Bryan H $200,000
Previous Owner Friedman Bryan H $250,000
Previous Owner Friedman Bryan H $208,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $3,300,000 -8.2% $1,260 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $3,595,000 -5.4% $1,373 / Sq Ft
03/28/2023 03/28/23 For Sale $3,800,000 +153.3% $1,451 / Sq Ft
08/05/2021 08/05/21 Sold $1,500,000 -11.7% $573 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/23/2021 06/23/21 Price Changed $1,699,000 -8.1% $649 / Sq Ft
06/10/2021 06/10/21 For Sale $1,849,000 -- $706 / 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 $21,554 $3,422,916 $2,601,000 $821,916
2023 $18,282 $1,530,000 $1,071,000 $459,000
2022 $17,964 $1,500,000 $1,050,000 $450,000
2021 $6,617 $440,343 $276,597 $163,746
2020 $6,648 $435,828 $273,761 $162,067
2019 $6,393 $427,282 $268,393 $158,889
2018 $6,229 $418,904 $263,131 $155,773
2017 $5,898 $410,689 $257,971 $152,718
2016 $5,816 $402,637 $252,913 $149,724
2015 $5,759 $396,589 $249,114 $147,475
2014 $5,642 $388,820 $244,234 $144,586
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81922861

MLSListings

APN: 052-321-22-000