NOT LISTED FOR SALE

Estimated Value: $3,169,000 - $3,496,831

5 Beds
6.5 Baths
5,600 Sq Ft
$593/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $3,000,000 $536 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $20,478/month

20 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Solar Heated In Ground Pool
  • Washington Elementary School Rated A-
  • Gated with Attendant
  • Bay View

About This Home

As of November 2024

Luxury Live Auction! Bidding to start from $2,500,000! Don't miss this rare opportunity to own a stunning Mediterranean villa in the prestigious, gated community of Bay Ridge. Set on 2 acres of beautifully landscaped grounds, this private retreat offers resort-style living at its finest. Picture yourself lounging by the 48 foot solar-heated pool, unwinding in the spa, or enjoying a meal in the outdoor kitchen and alfresco dining area. Entertain effortlessly with a fire pit, tennis court, pool house and ample space for relaxation. This largely single-level 5 bedroom, 6.5 bath, 5,600 square-foot home is a masterpiece of custom craftsmanship, featuring exquisite stonework, rich wood finishes, and soaring 19 foot ceilings that create an ambiance of luxurious, relaxed living. The main level boasts a spacious master retreat, three ensuite bedrooms, a chef's kitchen, and formal living and dining areas. Upstairs, a large den, an ensuite bedroom/office, and a balcony offer stunning views of Monterey Bay. Additional amenities include individually zoned AC and heating, a backup generator, wine cellar, elevator, and a 4 car garage. Located in Monterey’s sunbelt, this property is just minutes from all the Peninsula's top attractions. Your dream lifestyle awaits, don't let this opportunity slip away!

Last Agent to Sell the Property

Brian Schiefer

Harcourts Place Brokerage Phone: 949-698-2947 License #02146863 Listed on: 09/06/2024

Harcourts Place

Last Buyer's Agent

Letty Veitengruber

Sotheby's Int'l Realty-Rancho License #02056862

Sotheby's Int'l Realty-Rancho

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2.14 Acre Lot
  • Southeast Facing Home
  • Density is 2-5 Units/Acre

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Bay
  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • High Ceiling
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den
  • Bonus Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Retreat
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Solar Heated In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Tennis Courts
  • Balcony
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 980
  • Assessor Parcel Number 416132044000
  • $2,765 per year additional tax assessments

Community Details

Overview

  • Bay Ridge Association, Phone Number (831) 758-2855
  • Clinton HOA
  • Mountainous Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$240 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Gated with Attendant
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 416132044000
  • Year Built: 2002
  • Special Features: Auction

Interior Features

  • Fireplace: Yes
  • Living Area: 5600.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Elevator, High Ceilings, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 535.71
  • Room Type: Bonus Room, Den, Great Room, Laundry, Retreat, Wine Cellar
  • Spa Features: Heated, In Ground
  • Bathroom Features: Shower In Tub, Double Sinks In Bath(s), Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink, Walk-In Pantry

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Tennis Court Private
  • View: Bay, City Lights, Mountain(s), Park/Greenbelt, Water
  • Pool Features: Private, Exercise Pool, Heated, In Ground, Pool Cover, Solar Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Double Oven, Electric Cooktop, Ice Maker, Range Hood, Refrigerator, Warming Drawer
  • Heating Type: Fireplace(s), Forced Air, Heat Pump, Propane
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Security
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Bay Ridge
  • Phone: (831) 758-2855
  • Senior Community: No
  • Community Features: Mountainous
  • Association Management: Clinton

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 93218.00
  • Lot Size Acres: 2.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 93218.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 132.00
  • Tax Lot: 63
  • Tax Tract Number: 980
  • TaxOtherAnnualAssessmentAmount: 2765.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 16, 2024
Sold by
Elghazali Deina Abubakr and Gundaker-Han Travis Shaofarn
Bought by
Semaan 2003 Living Trust and Semaan
Seller's Agent
Brian Schiefer
Harcourts Place
Buyer's Agent
Letty Veitengruber
Sotheby's Int'l Realty-Rancho
List Price
$2,500,000
Sold Price
$3,000,000
Premium/Discount to List
$500,000
20%
Views
55
Current Estimated Value
$3,321,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,958
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 23, 2021
Sold by
Henson Dave and Henson Tonna
Bought by
Elghazali Deina Abubakr and Gundaker Han Travis
Seller's Agent
Linda Miller
Carmel Realty Company
Buyer's Agent
Joy Jacobs
KW Coastal Estates
List Price
$2,999,000
Sold Price
$3,000,000
Premium/Discount to List
$1,000
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$2,250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2008
Sold by
Grossel Roger L and Grossel Joan R
Bought by
Henson Dave and Henson Tonna

Purchase Details

Closed on
Feb 6, 2006
Sold by
Grossel Roger L and Grossel Joan R
Bought by
Grossel Roger L and Grossel Joan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2004
Sold by
Grossel Roger L and Grossel Joan R
Bought by
Grossel Roger L and Grossel Joan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2000
Sold by
Grossel Roger L and Grossel Joan R
Bought by
Grossel Roger L and Grossel Joan R

Purchase Details

Closed on
Jan 12, 1998
Sold by
Coulter Ronald J and Coulter Rosemary T
Bought by
Grossel Roger L and Grossel Joan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,125
Interest Rate
9%
Mortgage Type
Balloon
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
Semaan 2003 Living Trust $3,000,000 Wfg National Title
Elghazali Deina Abubakr $3,000,000 Chicago Title Company
Henson Dave -- First American Title Company
Grossel Roger L -- Old Republic Title Company
Grossel Roger L -- Old Republic Title
Grossel Roger L -- --
Grossel Roger L -- Old Republic Title
Grossel Roger L -- --
Grossel Roger L $337,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elghazali Deina Abubakr $2,250,000
Previous Owner Grossel Roger L $985,000
Previous Owner Grossel Roger L $915,000
Previous Owner Grossel Roger L $253,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $3,000,000 +20.0% $536 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $2,500,000 -16.7% $446 / Sq Ft
07/01/2021 07/01/21 Sold $3,000,000 0.0% $536 / Sq Ft View Prior Sale
05/12/2021 05/12/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $2,999,000 -- $536 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $34,605 $3,000,000 $1,200,000 $1,800,000
2024 $34,605 $3,000,000 $1,200,000 $1,800,000
2023 $33,365 $3,060,000 $1,224,000 $1,836,000
2022 $33,614 $3,000,000 $1,200,000 $1,800,000
2021 $22,897 $2,101,000 $794,000 $1,307,000
2020 $22,034 $2,046,000 $773,000 $1,273,000
2019 $21,786 $1,991,000 $752,000 $1,239,000
2018 $21,610 $1,978,000 $747,000 $1,231,000
2017 $20,921 $1,850,000 $699,000 $1,151,000
2016 $20,278 $1,813,000 $685,000 $1,128,000
2015 $18,873 $1,679,000 $634,000 $1,045,000
2014 $17,742 $1,601,000 $605,000 $996,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24185086

California Regional Multiple Listing Service (CRMLS)

APN: 416-132-044-000