NOT LISTED FOR SALE

Estimated Value: $2,212,000 - $3,678,000

4 Beds
4.5 Baths
5,002 Sq Ft
$604/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $1,690,000 $338 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $18,057/month

70 Days on Market

Highlights

  • Ocean View
  • Deck
  • Vaulted Ceiling
  • Washington Elementary School Rated A-
  • Recreation Room
  • Marble Flooring

About This Home

As of June 2014

. A Gated Tuscan Villa nestled into the ridge of sunny Bay Ridge with Ocean Views. Extensive custom finishes throughout. Private viewing patio with exterior kitchen barbeque area. Secret gardens with outdoor fireplace. Gourmet Kitchen/Family room, Library/office, game room, and wine cellar. Italian fountain and paver stone driveway.

Last Agent to Sell the Property

Crusan & Tamagni

International Estates, Inc. License #70000760 Listed on: 02/06/2014

Last Buyer's Agent

Noel Beutel

Sotheby’s International Realty License #00816367

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Fenced
  • Lot Sloped Down
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Property Views

  • Ocean
  • Bay
  • City Lights
  • Golf Course
  • Valley

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,002 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Library
  • Recreation Room
  • Utility Room
  • Gas Dryer Hookup
  • Security System Owned

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Deck
  • Patio
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Water Treatment System
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 416-111-005

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

15.97 Acres

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Sale Price Per Sq Ft: 337.86
  • Listing Class: Residential
  • Structure Sq Ft: 5002
  • Incorporated: Yes
  • Map Book Page: 91
  • Map Side Coordinate: 1
  • Map Top Coordinate: C
  • Thomas Bros Page: 91
  • Thomas Brothers: C1
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Ovens - 2+, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 5002
  • Stories: 2
  • Security: Security Alarm - Owned
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood, Marble
  • Additional Rooms: Utility Room, Den / Study / Office, Library, Rec/Rumpus Room
  • Maximum Bathrooms: 5
  • Minimum Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Bay, Ocean, Valley, City Lights, Golf Course
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinklers - Auto, BBQ Area, Deck, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Vaulted Ceiling, Wet Bar, Air Purifier

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 416-111-005
  • List Price per Sq Ft: 369.85
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 695653.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 695653.00
  • Lot Size Area Min Search: 695653.00
  • Maximum Lot Size: 695653.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2017
Sold by
Kramer Timothy J and Kramer Elaine A
Bought by
Kramer Timothy J and Kramer Elaine A
Current Estimated Value
$3,023,571

Purchase Details

Listed on
Feb 6, 2014
Closed on
Jun 13, 2014
Sold by
M & C Investment Holdings Llc
Bought by
Kramer Timothy J and Kramer Elaine A
Seller's Agent
Crusan & Tamagni
International Estates, Inc.
Buyer's Agent
Noel Beutel
Sotheby’s International Realty
List Price
$1,850,000
Sold Price
$1,690,000
Premium/Discount to List
-$160,000
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,352,000
Outstanding Balance
$1,018,220
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$2,005,351

Purchase Details

Closed on
Jun 9, 2009
Sold by
Lucas James I and Lucas Annette M
Bought by
M & C Investment Holdings Llc

Purchase Details

Closed on
Jul 23, 2003
Sold by
Lucas James I and Lucas Annette M
Bought by
Lucas James I and Lucas Annette M

Purchase Details

Closed on
Jul 16, 2002
Sold by
Jaurique Anthony and Jaurique Alison
Bought by
Lucas James I and Lucas Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.37%

Purchase Details

Closed on
May 9, 2000
Sold by
Knecht James H
Bought by
Jaurique Anthony and Jaurique Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
8.37%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Jml Ventures Whitelaw Partnership Ltd
Bought by
Knecht James H

Purchase Details

Closed on
Mar 24, 1998
Sold by
Jml Ventures/Whitelaw Partnership Ltd
Bought by
Dci Properties Llc

Purchase Details

Closed on
Oct 8, 1996
Sold by
Whitelaw Stephen and Anderson Margie
Bought by
Jml Ventures/Whitelaw Partnership Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
8.11%

Purchase Details

Closed on
Jun 8, 1994
Sold by
Anderson Margie and Whitelaw Stephen
Bought by
Carmel Valley Mutual Water Company Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kramer Timothy J -- None Available
Kramer Timothy J $1,690,000 First American Title Company
M & C Investment Holdings Llc -- First American Title Company
Lucas James I -- --
Lucas James I $1,800,000 Old Republic Title Company
Jaurique Anthony $665,000 Oregon Title Insurance Co
Knecht James H $489,593 First American Title
Dci Properties Llc $98,538 First American Title Ins Co
Jml Ventures/Whitelaw Partnership Ltd $178,500 Chicago Title Co
Carmel Valley Mutual Water Company Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Timothy J $1,352,000
Previous Owner Lucas James I $950,000
Previous Owner Jaurique Anthony $630,000
Previous Owner Jml Ventures/Whitelaw Partnership Ltd $488,000
Closed Jml Ventures/Whitelaw Partnership Ltd $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $1,690,000 -8.6% $338 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $1,850,000 -- $370 / Sq Ft
Source: MLSListings

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 $22,806 $2,104,509 $1,225,859 $878,650
2024 $22,806 $2,063,245 $1,201,823 $861,422
2023 $21,988 $2,022,790 $1,178,258 $844,532
2022 $22,150 $1,983,128 $1,155,155 $827,973
2021 $21,185 $1,944,244 $1,132,505 $811,739
2020 $20,397 $1,894,309 $1,120,893 $773,416
2019 $20,319 $1,857,166 $1,098,915 $758,251
2018 $19,888 $1,820,752 $1,077,368 $743,384
2017 $20,185 $1,785,052 $1,056,244 $728,808
2016 $19,588 $1,750,052 $1,035,534 $714,518
2015 $19,458 $1,723,766 $1,019,980 $703,786
2014 $23,665 $2,126,668 $945,186 $1,181,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81403682

MLSListings

APN: 416-111-005-000

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