NOT LISTED FOR SALE

1505 Venadero Rd Del Monte Forest, CA 93953

Estimated Value: $5,519,000 - $8,448,000

4 Beds
4.5 Baths
3,392 Sq Ft
$1,958/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $7,600,000 $2,241 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $39,470/month

337 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • 0.79 Acre Lot
  • Carmel River Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of May 2024

A harmonious blend of modern sophistication and coastal charm in this private, serene ocean view setting located in the sun belt of Pebble Beach. Within walking distance to the Lodge, Beach & Tennis Club, and Stillwater Cove, this single-level home is as perfect for the car enthusiast as it is for a golf foursome. 4 bedroom suites, open kitchen and floor plan, and large sliding glass doors that extend the living & entertaining spaces for effortless indoor-outdoor living. Gated entry, cozy fireplaces, soothing fountain, & floor-to-ceiling windows that flood the interior with natural light. Architectural features provide texture, sophistication, & warmth and the interior offers beautiful ambient lighting. Take in Pt Lobos views from the deck terrace and hot tub or entertain guests in the heated outdoor kitchen and BBQ area. The large 3 car garage was designed for the option to add lifts for a six-car collection. Embodying California contemporary design, this residence epitomizes the indoor-outdoor lifestyle.

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 04/06/2023

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,240

Year Built

  • Built in 1956

Lot Details

  • 0.79 Acre Lot
  • Security Fence
  • Back and Front Yard Fenced
  • Wood Fence
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Zoning described as R1

Parking

  • 3 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Ocean
  • Skyline
  • Forest

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,392 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Gas Log Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Workshop

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Steam Shower
  • Garden Bath
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

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

Pool

  • Above Ground Spa
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Power Generator
  • Individual Gas Meter
  • Water Filtration System
  • Water Softener is Owned

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 008-351-031-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,240

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 3392
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Freezer, Garbage Disposal, Island with Sink, Microwave, Oven - Double, Oven - Electric, Oven Range - Built-In, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 3392
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Fence, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Storage, Workshop, Formal Entry, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Half on Ground Floor, Marble, Outside Access, Skylight, Stall Shower - 2+, Steam Shower, Sunken / Garden Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa - Above Ground
  • Roof: Flat / Low Pitch
  • View: Ocean, Water, Forest / Woods
  • Yard/Grounds: Back Yard, Fenced, Fire Pit, Balcony / Patio, Sprinklers - Lawn, BBQ Area, Drought Tolerant Plants, Courtyard, Deck
  • Fencing: Wood, Fenced Back, Fenced Front, Mixed Height / Type, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet, High Ceiling, Security Gate, Skylight

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Views, Grade - Gently Sloped, Grade - Level, Private / Secluded
  • Parcel Number: 008-351-031-000
  • Lot Acres: 0.7865
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 34258.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 34258.00

Multi Family

  • Utilities: Generator, Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Mar 14, 2024
Sold by
Ergin Family Trust and Ergin Evren A
Bought by
2018 Logan And Tuttle Trust and Logan
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$8,100,000
Sold Price
$7,600,000
Premium/Discount to List
-$500,000
-6.17%
Views
46
Current Estimated Value
$6,642,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$957,755
Original Mortgage
$2,000,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2020
Sold by
Landau Kenneth T and The Landau Family Trust
Bought by
Ergin Evren A and Ergin Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2017
Sold by
Shen Jianjun and Wang Shuhua
Bought by
Landau Kenneth T and Landau Lois Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2015
Sold by
Nicora Albert J
Bought by
Shen Jianjun and Wang Shuhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2006
Sold by
Lowell Md Ronald J
Bought by
Lowell Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 26, 1997
Sold by
Towle Else Muller and Towle Bradley Stewart
Bought by
Lowell Md Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
7.43%
Source: Public Records

Range of Values:

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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
2018 Logan And Tuttle Trust $7,600,000 Chicago Title
Ergin Evren A $5,300,000 Chicago Title Company
Landau Kenneth T $1,950,000 Chicago Title Company
Shen Jianjun $2,250,000 Chicago Title Company
Lowell Ronald J -- None Available
Lowell Md Ronald J $892,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2018 Logan And Tuttle Trust $2,000,000
Previous Owner Ergin Evren A $2,500,000
Previous Owner Landau Kenneth T $1,250,000
Previous Owner Shen Jianjun $1,150,000
Previous Owner Lowell Ronald J $100,000
Previous Owner Lowell Ronald J $280,000
Previous Owner Lowell Md Ronald J $250,000
Previous Owner Lowell Md Ronald J $290,000
Previous Owner Lowell Md Ronald J $200,000
Previous Owner Lowell Ronald J $250,000
Previous Owner Lowell Md Ronald J $250,000
Previous Owner Lowell Md Ronald J $350,000
Previous Owner Lowell Md Ronald J $325,000
Previous Owner Lowell Md Ronald J $314,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $7,600,000 -6.2% $2,241 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
04/06/2023 04/06/23 For Sale $8,100,000 -- $2,388 / 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 $37,240 $7,752,000 $5,100,000 $2,652,000
2024 $37,240 $7,600,000 $5,000,000 $2,600,000
2023 $37,004 $3,445,322 $2,275,213 $1,170,109
2022 $35,761 $3,377,767 $2,230,601 $1,147,166
2021 $56,251 $3,311,537 $2,186,864 $1,124,673
2020 $24,470 $2,294,355 $1,220,389 $1,073,966
2019 $22,926 $2,148,780 $1,196,460 $952,320
2018 $21,258 $1,989,000 $1,173,000 $816,000
2017 $24,376 $2,295,000 $1,530,000 $765,000
2016 $23,972 $2,250,000 $1,500,000 $750,000
2015 -- $1,216,212 $929,987 $286,225
2014 -- $1,192,389 $911,770 $280,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956031

MLSListings

APN: 008-351-031-000