NOT LISTED FOR SALE

Estimated Value: $2,829,000 - $5,683,000

3 Beds
2.5 Baths
2,643 Sq Ft
$1,643/Sq Ft Est. Value

Last Sold September 06, 2017

Last sale price $3,650,000 $1,381 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $26,203/month

136 Days on Market

Highlights

  • Ocean Front
  • Spa
  • High Ceiling
  • Carmel River Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of September 2017

Location, Location, Location! Huge price reduction!

Carmel Highlands is one of the most exclusive beach areas in the country. This spectacular 1.1 acre oceanfront property looks over the Pacific Ocean with private access to coastal cliffs and the rocks below. The home was built in 1982 and is approximately 2643 square foot with panoramic views from every bedroom, the dining room and living room. It features two master bedrooms, one small bedroom and two bathrooms. It is gated with a two car garage, a storage room and a detached studio with an additional bathroom and kitchenette. The home needs a little work and can be easily remodeled or scraped to build a new house.
A plus to this property is it is located in a community with exclusive access to a private beach and with a grandfathered rock pathway to the shoreline.
This is definitely a must see!
Seller/Broker make no representations as to use or square footage of lot/buildings. Buyer is advised to verify the accuracy of information provided.

Last Agent to Sell the Property

Claudia Domo

West Shores Realty, Inc. License #01936816 Listed on: 03/14/2017

West Shores Realty, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 1.1 Acre Lot
  • Ocean Front
  • Wood Fence
  • Fence is in poor condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Bluff

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,643 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Double Door Entry
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Forced Air Heating System
  • Natural Gas Not Available
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 241192010000

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 241192010000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2643.00 Square Feet
  • Interior Amenities: Balcony, Formica Counters, High Ceilings
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1381.01
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Bath
  • Bathroom Features: Double Sinks In Primary Bath

Exterior Features

  • View: Bay, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Poor Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff
  • Lot Size Sq Ft: 47916.00
  • Lot Size Acres: 1.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.1000 Acres
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Aug 11, 2017
Sold by
Kalantar Maryam
Bought by
Tabrizi Peyman
Seller's Agent
Claudia Domo
West Shores Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$4,299,000
Sold Price
$3,650,000
Premium/Discount to List
-$649,000
-15.1%
Current Estimated Value
$4,342,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,634
Avg. Annual Appreciation
2.11%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Moore Darren C
Bought by
Tabrizi Peyman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,920,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 8, 2015
Closed on
Nov 14, 2016
Sold by
Graham Albert Duane
Bought by
Moore Darren C
Seller's Agent
Catherine Freeman
Mid-Coast Investments
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,999,000
Sold Price
$3,300,000
Premium/Discount to List
-$699,000
-17.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
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
Tabrizi Peyman -- North American Title
Tabrizi Peyman $3,650,000 North American Title Company
Moore Darren C $3,300,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabrizi Peyman $2,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2017 09/06/17 Sold $3,650,000 -8.7% $1,381 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $3,999,000 -7.0% $1,513 / Sq Ft
03/14/2017 03/14/17 For Sale $4,299,000 +30.3% $1,627 / Sq Ft
11/15/2016 11/15/16 Sold $3,300,000 -8.3% $1,249 / Sq Ft View Prior Sale
10/25/2016 10/25/16 Pending -- -- --
09/12/2016 09/12/16 Price Changed $3,600,000 -10.0% $1,362 / Sq Ft
02/08/2015 02/08/15 For Sale $3,999,000 -- $1,513 / 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 $42,220 $4,153,072 $3,242,811 $910,261
2024 $42,220 $4,071,640 $3,179,227 $892,413
2023 $42,098 $3,991,805 $3,116,890 $874,915
2022 $40,714 $3,913,535 $3,055,775 $857,760
2021 $40,312 $3,836,800 $2,995,858 $840,942
2020 $39,454 $3,797,460 $2,965,140 $832,320
2019 $38,701 $3,723,000 $2,907,000 $816,000
2018 $37,983 $3,650,000 $2,850,000 $800,000
2017 $34,315 $3,300,000 $2,500,000 $800,000
2016 $4,518 $421,678 $125,556 $296,122
2015 $4,456 $415,345 $123,671 $291,674
2014 $4,411 $407,210 $121,249 $285,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17052670

California Regional Multiple Listing Service (CRMLS)

APN: 241-192-010-000