NOT LISTED FOR SALE

12 Potrero Trail Carmel, CA 93923

Estimated Value: $5,327,000 - $8,063,662

49.08 Acres
$129,120 Price per Acre
2,137,925 Sq Ft Lot

Last Sold April 09, 2015

Last sale price $965,000

Est. 557% increase in value since last sale

Current estimated payment $39,859/month

Highlights

  • 49.08 Acre Lot
  • Tularcitos Elementary School Rated A
  • Mountain View

About This Lot

As of April 2015

This expansive 49 acre view site encompasses 2.59 acres of homeland. Ideally located near the Preserve gatehouse, providing convenient access to Carmel. Situated in the prized Potrero valley of the Preserve, an ideal micro-climate providing the perfect compliment of sunshine and mild temperatures. This site is permitted for a 1 story residence, guest house, caretakers house and is full time equestrian.

Last Agent to Sell the Property

Christopher Pryor

Carmel Realty Company License #01750627 Listed on: 03/27/2015

Co-Listed By

Canning Properties

Carmel Realty Company License #70010029

Last Buyer's Agent

Canning Properties

Carmel Realty Company License #70010029

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $76,721

Lot Details

  • 49.08 Acre Lot
  • Lot Sloped Down
  • Mostly Level

Utilities

  • Gas Available
  • Septic Permit Required
  • Sewer Not Available

Additional Features

  • Mountain Views
  • Horses Potentially Allowed on Property

Community Details

Overview

  • Property has a Home Owners Association
  • Preserve Association
  • Rental Restrictions

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$76,721

Lot Details

0

Listing Details

  • Zoning: Res
  • Subclass: Residential Lot
  • Restrictions: Height Restrictions, Park Rental Restrictions
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Design Review Required, Final Map Approved, Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains
  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Septic Required, Sewer Not Available

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Exist: Yes
  • H O A Name Text: Preserve Association

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Down, Views
  • Lot Acres: 49.0800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2137925.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2137925.00
  • Parcel Access: Private Road - Share Access

Multi Family

  • Utilities: Electricity - Available At Street, Gas - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Sweeney Michael and Sweeney Elizabeth
Bought by
Sweeney Michael B and Sweeney Elizabeth S
Current Estimated Value
$6,337,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 6, 2015
Sold by
Mehta Amit and Mason Teresa
Bought by
Sweeney Michael and Sweeney Elizabeth
Seller's Agent
Christopher Pryor
Carmel Realty Company
Buyer's Agent
Canning Properties
Carmel Realty Company
List Price
$972,500
Sold Price
$965,000
Premium/Discount to List
-$7,500
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%

Purchase Details

Closed on
Jul 7, 2004
Sold by
Shea Malcolm Michael A and Shea Malcolm Denise
Bought by
Mccaw Susan R

Purchase Details

Closed on
Nov 14, 2000
Sold by
Rancho San Carlos Partnership Lp
Bought by
Shea Malcolm Michael A and Shea Malcom Denise
Source: Public Records

Range of Values:

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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
Sweeney Michael B -- Chicago Title Slainas
Sweeney Michael $965,000 First American Title Company
Mccaw Susan R -- First American Title
Shea Malcolm Michael A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Family Living Trust $1,910,000
Closed Sweeney Michael B $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $965,000 -0.8% --
03/27/2015 03/27/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $972,500 -- --
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 $76,721 $5,096,903 $1,159,780 $3,937,123
2024 $76,721 $4,996,965 $1,137,040 $3,859,925
2023 $74,599 $4,898,987 $1,114,746 $3,784,241
2022 $72,074 $4,802,930 $1,092,889 $3,710,041
2021 $70,785 $4,708,756 $1,071,460 $3,637,296
2020 $67,557 $4,660,474 $1,060,474 $3,600,000
2019 $52,678 $3,294,681 $1,039,681 $2,255,000
2018 $30,811 $1,019,296 $1,019,296 $0
2017 $29,313 $999,310 $999,310 $0
2016 $26,043 $979,716 $979,716 $0
2015 $25,294 $965,000 $965,000 $0
2014 $26,784 $1,130,059 $1,130,059 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81457193

MLSListings

APN: 239-111-001-000