$2,400,000
SOLD JUN 1, 2016
5 Beds
4.5 Baths
4,907 Sq Ft
1.27 Acres

Recently Sold

$489 Per Sq Ft

3% Below List Price

22 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • 1.27 Acre Lot
  • Monterey High School Rated A
  • Custom Home
  • Vaulted Ceiling

About This Home

As of June 2016

Beyond the gates of this prestigious community in the coveted area of Jack's Peak in Monterey. Perched atop Flagg Hill on 1.27ac, this sprawling custom residence boasts panoramic views of city & ocean. Exquisite living across nearly 5000sqft featuring 5 beds, 4.5 baths, Study, wine cellar, + more. Recently renovated throughout w/ custom design elements & fine finishes with hand scraped wood floors, LED lighting,19th century barn wood mantles, custom tile work, crown moldings & archways, + more. New gourmet chef's kitchen w/ custom soft close cabinetry topped with Carrera Marble, Thermador appliances, wine chiller, island with sink, built-in features & large walk-in pantry. Downstairs level boasts an entertaining area w/ fireplace, wet bar with custom cabinetry, fridge, wine chiller, & access to 2 outdoor patios. The lower level also has a great guest wing and en suite bedrooms with separate access. A car lovers dream with an expansive 4-car garage with storage and cabinetry.

Last Agent to Sell the Property

Corey Luce

Steinbeck Real Estate, Inc. License #01868602 Listed on: 03/27/2016

Steinbeck Real Estate, Inc.

Last Buyer's Agent

Elizabeth Dini

Alain Pinel Realtors License #01874522

Alain Pinel Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,032

Year Built

  • Built in 1995

Lot Details

  • 1.27 Acre Lot
  • Partially Fenced Property
  • Lot Sloped Down
  • Sprinkler System
  • Back Yard
  • Zoning described as R1

Parking

  • 4 Car Garage
  • On-Street Parking

Property Views

  • Bay
  • Panoramic
  • Skyline
  • Park or Greenbelt

Home Design

  • Custom Home
  • Contemporary Architecture

Interior Spaces

  • 4,907 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Unfinished Basement
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Fire Sprinkler System

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - common area, maintenance - road, security service
  • Flagg Hill Association
  • Built by Flagg Hill

Listing and Financial Details

  • Assessor Parcel Number 101-091-023-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,032

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Custom
  • Property Condition: Built / Remodeled Green
  • Age: 21
  • Listing Class: Residential
  • Structure Sq Ft: 4907
  • Complex Name: Flagg Hill
  • Year Built: 1995
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Room, Formal Dining Room, Skylight
  • Kitchen: 220 Volt Outlet, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Island with Sink, Microwave, Oven Range - Built-In, Oven Range - Gas, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 4907
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Mud Room, Storage, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower and Tub, Skylight, Stall Shower, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Concrete
  • View: Bay, City, City Lights, Panoramic, Park
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Lawn
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Condo/Co-op/Association

  • HOA Fees: 200
  • Association Fees Include: Maintenance - Common Area, Maintenance - Road, Security Service
  • H O A Name Text: Flagg Hill
  • H O A Exist: Yes

Schools

  • School District: Monterey Peninsula Unified
  • High School: Monterey High
  • High School: 545

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 101-091-023-000
  • Lot Acres: 1.2700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 55321.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 55321.20

Green Features

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

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • High School Text: Monterey High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Berolzheimer Charles P and Berolzheimer Ginger D
Bought by
Berolzheimer Charles P and Berolzheimer Ginger D
Current Estimated Value
$3,682,527

Purchase Details

Listed on
Mar 27, 2016
Closed on
May 27, 2016
Sold by
Sierra Asset Partners Llc
Bought by
Berolzheimer Charles P and Berolzheimer Ginger D
Seller's Agent
Corey Luce
Steinbeck Real Estate, Inc.
Buyer's Agent
Elizabeth Dini
Alain Pinel Realtors
List Price
$2,475,000
Sold Price
$2,400,000
Premium/Discount to List
-$75,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$1,920,000
Outstanding Balance
$1,537,353
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$2,145,174

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 1, 2015
Sold by
Ehnisz Craig T
Bought by
Sierra Asset Partners Llc
Seller's Agent
Michelle Russell
Shankle Real Estate
Buyer's Agent
Corey Luce
Steinbeck Real Estate, Inc.
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.70%
Original Mortgage
$958,750
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2014
Sold by
Ehnisz Craig and Ehnisz Jamel
Bought by
Ehnisz Craig T

Purchase Details

Closed on
Sep 8, 1997
Sold by
New England Construction Inc
Bought by
Ehnisz Craig and Ehnisz Jamel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.95%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,400,000 First American Title Company
Grant Deed $1,475,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,920,000 New Conventional
Previous Owner $958,750 Unknown
Previous Owner $575,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $2,400,000 -3.0% $489 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $2,475,000 +67.8% $504 / Sq Ft
04/08/2015 04/08/15 Sold $1,475,000 -1.7% $330 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,500,000 -- $336 / 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 $30,032 $2,841,109 $887,845 $1,953,264
2024 $30,032 $2,785,402 $870,437 $1,914,965
2023 $29,756 $2,730,787 $853,370 $1,877,417
2022 $29,347 $2,677,243 $836,638 $1,840,605
2021 $28,922 $2,624,749 $820,234 $1,804,515
2020 $27,827 $2,597,836 $811,824 $1,786,012
2019 $29,217 $2,546,899 $795,906 $1,750,993
2018 $28,041 $2,496,960 $780,300 $1,716,660
2017 $25,963 $2,448,000 $765,000 $1,683,000
2016 $16,003 $1,497,493 $609,150 $888,343
2015 $13,534 $1,262,120 $398,562 $863,558
2014 $13,302 $1,237,398 $390,755 $846,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81577098

MLSListings

APN: 101-091-023-000