NOT LISTED FOR SALE

11975 Saddle Rd Monterey, CA 93940

Corral de Tierra Neighborhood

Estimated Value: $2,613,200 - $2,788,000

2 Beds
3 Baths
3,884 Sq Ft
$696/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $2,510,500 $646 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,406/month

5 Days on Market

Highlights

  • In Ground Spa
  • Wood Flooring
  • Formal Dining Room
  • Washington Elementary School Rated A-
  • Bonus Room
  • 2 Car Detached Garage

About This Home

As of April 2023

With sweeping ocean and mountain views, this exquisite Californian Hacienda offers both convenience and serenity just a short drive from all the wonderful amenities the Monterey Peninsula has to offer. Located in the gated community of Sunny Bay Ridge with easy access to highway 68 or Carmel Valley, the ~2,900 SqFt main house includes 2 bedrooms and 2 bathrooms, and the 1BR/1BA guest house provides an additional ~720 SqFt of stylish living space. The home has been beautifully renovated to highlight the authentic Spanish detailing and architecture with modern luxuries incorporated seamlessly. The home flows effortlessly between its indoor/outdoor living spaces spanning over an acre, with highlights including multiple brick patios, a hot tub area, lush gardens and landscaping, beautiful wood-burning fireplace, exposed beams, custom iron railings, and a large 2-car garage. This haven in Monterey awaits its fortunate new owners to move in and enjoy.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 03/28/2023

Coldwell Banker Realty

Last Buyer's Agent

The C Group

Real Brokerage Technologies License #70010221

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.01

Parking

  • 2 Car Detached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,884 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Wall Furnace
  • Propane
  • Septic Tank

Additional Features

  • In Ground Spa
  • 1.01 Acre Lot

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area
  • Bay Ridge Association
  • Built by Bay Ridge

Listing and Financial Details

  • Assessor Parcel Number 416-133-033-000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Pets - Allowed
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 120
  • Structure Sq Ft: 3884
  • Complex Name: Bay Ridge
  • Year Built: 1970
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 3884
  • Stories: 1
  • Flooring: Hardwood
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Spa - In Ground
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Electric, Forced Air, Propane, Wall Furnace
  • Sewer/Septic System: Septic Standard

Condo/Co-op/Association

  • HOA Fees: 175
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Bay Ridge
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 416-133-033-000
  • Lot Acres: 1.0100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43996.00

Multi Family

  • Utilities: Propane On Site

MLS Schools

  • High School District Text: Salinas Union High

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 18, 2023
Sold by
Wilson Kenneth Lyle and Wilson Angela Louise
Bought by
Mela Ventures Trust
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
The C Group
Real Brokerage Technologies
List Price
$2,395,000
Sold Price
$2,510,500
Premium/Discount to List
$115,500
4.82%
Views
169
Current Estimated Value
$2,704,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,300
Avg. Annual Appreciation
2.68%
Original Mortgage
$2,008,400
Outstanding Balance
$1,947,737
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$757,063

Purchase Details

Closed on
Aug 11, 2020
Sold by
Wilson Kenneth L and Spieles Angela Louise
Bought by
Wilson Kenneth Lyle and Spieles Angela Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Wilson Kenneth Lyle and Spieles Angela Louise
Bought by
Wilson Kenneth L and Spieles Angela Louise

Purchase Details

Listed on
Aug 16, 2016
Closed on
Oct 20, 2016
Sold by
Deacon Robert and Deacon Diane C
Bought by
Wilson Kenneth Lyle and Spieles Angela Louise
Seller's Agent
Robert Deacon
Monterey Bay Properties
Buyer's Agent
Earl Meyers
Bliss by the Sea Realty
List Price
$1,325,000
Sold Price
$1,299,000
Premium/Discount to List
-$26,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$1,050,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 2015
Sold by
Sotanski Jane M
Bought by
Deacon Robert

Purchase Details

Closed on
Nov 16, 2005
Sold by
Creekbridge Homes Llc
Bought by
Sotanski Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2005
Sold by
Dewbre Alexis L and Johnson Lonnie
Bought by
Sotanski Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2005
Sold by
Qaddouri Jamal
Bought by
Sotanski Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 2005
Sold by
Dewbre Jackson K and Dewbre Alexis L
Bought by
Dewbre Jackson K and Dewbre Alexis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Dewbre Jackson K
Bought by
Dewbre Alexis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2005
Sold by
Dewbre Alexis L
Bought by
Dewbre Jackson K and Dewbre Alexis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1994
Sold by
Dewbre Jackson K and Dewbre Alexis L
Bought by
Dewbre Jackson K and Dewbre Alexis L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mela Ventures Trust $2,510,500 Chicago Title
Wilson Kenneth Lyle -- First American Title Company
Wilson Kenneth L -- None Available
Wilson Kenneth Lyle $1,299,000 First American Title Company
Deacon Robert $977,600 None Available
Sotanski Jane M $422,500 Old Republic Title
Sotanski Jane M $1,500,000 First American Title
Sotanski Jane M -- First American Title
Dewbre Jackson K -- Chicago Title Co
Dewbre Alexis L -- Chicago Title Co
Dewbre Jackson K -- Chicago Title Co
Dewbre Jackson K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mela Ventures Trust $2,008,400
Previous Owner Wilson Kenneth Lyle $1,137,500
Previous Owner Wilson Kenneth Lyle $1,050,000
Previous Owner Sotanski Jane M $380,000
Previous Owner Sotanski Jane M $1,000,000
Previous Owner Dewbre Alexis L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2023 04/25/23 Sold $2,510,500 +4.8% $646 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $2,395,000 +84.4% $617 / Sq Ft
11/01/2016 11/01/16 Sold $1,299,000 -2.0% $359 / Sq Ft View Prior Sale
09/29/2016 09/29/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $1,325,000 -- $366 / 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 $28,317 $2,620,924 $884,340 $1,736,584
2024 $28,317 $2,569,710 $867,000 $1,702,710
2023 $15,735 $2,510,500 $850,000 $1,660,500
2022 $15,850 $1,420,642 $382,774 $1,037,868
2021 $15,160 $1,392,787 $375,269 $1,017,518
2020 $14,828 $1,378,507 $371,422 $1,007,085
2019 $14,769 $1,351,479 $364,140 $987,339
2018 $14,456 $1,324,980 $357,000 $967,980
2017 $14,672 $1,299,000 $350,000 $949,000
2016 $11,977 $1,066,012 $456,862 $609,150
2015 $14,532 $1,287,000 $735,000 $552,000
2014 $12,594 $1,131,000 $646,000 $485,000
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2023

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    10 in this area

    341 Total Sales

    Tim Allen
    Section Image

  • T

    Buyer's Agent in 2023

    The C Group

    Real Brokerage Technologies

    (831) 601-8936

    5 in this area

    120 Total Sales

    The C Group
    Section Image

  • R

    Seller's Agent in 2016

    Robert Deacon

    Monterey Bay Properties

    Section Image
  • Earl Meyers

    Buyer's Agent in 2016

    Earl Meyers

    Bliss by the Sea Realty

    (831) 601-9999

    15 Total Sales

    Earl Meyers
    Section Image
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Map

Source: MLSListings

MLS Number: ML81922877

MLSListings

APN: 416-133-033-000

California Monterey County Monterey 93940 Corral de Tierra

11975 Saddle Rd, Monterey, CA

Not Listed for Sale

Detached

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