NOT LISTED FOR SALE

Estimated Value: $4,708,089 - $5,626,000

5 Beds
5 Baths
6,514 Sq Ft
$766/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $3,150,000 $484 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $29,179/month

86 Days on Market

Highlights

  • Wine Cellar
  • Two Primary Bedrooms
  • 1.01 Acre Lot
  • Monterey High School Rated A
  • Skyline View
  • Fireplace in Primary Bedroom

About This Home

As of October 2019

Entertainer's Dream in a private setting. Custom built with superb balance and symmetry. Sunbelt of Monterey. Spacious rooms and high ceilings are hallmarks of the Mediterranean house plan. The gourmet kitchen is open with plenty of counter space and includes a built-in espresso maker, Viking range with six gas burners and much more. Designed for entertaining on a grand scale, wet bar positioned to serve all main floors, formal dining room and exquisite walk-in wine cellar. Formal living room features large expansive windows that allow ample natural light and a fireplace is a main focal point. There are three bedrooms on the ground level, including the spacious master retreat as well as two guest rooms with gorgeous garden views and a bathroom on second level. The backyard features an outdoor kitchen complete with a stone pizza oven, grill, built-in cabinetry, refrigerators and a large island. You'll also find a separate bar, wood burning fireplace, bocce ball court and fire pit.

Last Agent to Sell the Property

Darcy Maciel

Coldwell Banker Realty License #01466368 Listed on: 06/11/2019

Coldwell Banker Realty

Last Buyer's Agent

Courtney Jones

Carmel Realty Company License #01806907

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 1.01 Acre Lot
  • East Facing Home
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard

Parking

  • 3 Car Garage
  • Electric Gate

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,514 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • High Ceiling
  • Skylights
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Power Generator
  • Septic Tank
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 101-102-007-000

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 6514
  • Year Built: 2010
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Exhaust Fan, Ice Maker, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 6514
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, More than One Primary Bedroom, Walk-in Closet
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Travertine
  • Additional Rooms: Formal Entry, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Half on Ground Floor, Primary - Stall Shower(s), Primary - Tub with Jets, Shower over Tub - 1, Skylight, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Fenced, Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto
  • Fencing: Wood
  • Property Faces: East
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Electric Gate

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

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

Lot Info

  • Lot Description: Regular
  • Parcel Number: 101-102-007-000
  • 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
  • Soil: Unknown

Multi Family

  • Utilities: Generator, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Oct 16, 2019
Sold by
Shake Sabu
Bought by
Debenedetti Thomas C and Debenedetti Trudy E
Seller's Agent
Darcy Maciel
Coldwell Banker Realty
Buyer's Agent
Courtney Jones
Carmel Realty Company
List Price
$3,299,000
Sold Price
$3,150,000
Premium/Discount to List
-$149,000
-4.52%
Current Estimated Value
$4,988,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,838,522
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,700,000
Outstanding Balance
$1,461,288
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$3,527,234

Purchase Details

Closed on
May 17, 2016
Sold by
Shake Heidi and Shake Sabu M
Bought by
Shake Sabu M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,070,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Shake Sabu
Bought by
Shake Sabu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,070,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Shake Heidi
Bought by
Shake Sabu

Purchase Details

Closed on
May 19, 2008
Sold by
Shake Sabu M
Bought by
Shake Sabu M and Shake Heidi

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
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2008
Sold by
Stutzman Leon
Bought by
Shake Sabu

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
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2008
Sold by
Shake Heidi
Bought by
Shake Sabu M

Purchase Details

Closed on
Aug 8, 2006
Sold by
Stutzman Leon H
Bought by
Stutzman Leon H

Purchase Details

Closed on
Apr 18, 2006
Sold by
Stutzman Leon H
Bought by
Stutzman Leon H
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
Debenedetti Thomas C $3,150,000 Chicago Title Company
Shake Sabu M -- Old Republic Title Company
Shake Sabu -- None Available
Shake Sabu -- None Available
Shake Sabu M -- Accommodation
Shake Sabu $1,275,000 Old Republic Title Company
Shake Sabu M -- Old Republic Title Company
Stutzman Leon H -- None Available
Stutzman Leon H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debenedetti Thomas C $1,700,000
Previous Owner Shake Sabu M $2,070,000
Previous Owner Shake Sabu $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $3,150,000 -4.5% $484 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $3,299,000 -- $506 / 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 $36,501 $3,481,396 $1,093,645 $2,387,751
2024 $36,501 $3,413,134 $1,072,201 $2,340,933
2023 $36,022 $3,346,211 $1,051,178 $2,295,033
2022 $35,527 $3,246,286 $1,030,567 $2,215,719
2021 $35,011 $3,182,634 $1,010,360 $2,172,274
2020 $33,683 $3,150,000 $1,000,000 $2,150,000
2019 $36,431 $3,188,500 $1,030,305 $2,158,195
2018 $34,960 $3,125,981 $1,010,103 $2,115,878
2017 $32,363 $3,064,689 $990,298 $2,074,391
2016 $31,104 $2,933,000 $948,000 $1,985,000
2015 $29,987 $2,825,000 $913,000 $1,912,000
2014 $25,312 $2,376,000 $769,000 $1,607,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81756056

MLSListings

APN: 101-102-007-000