NOT LISTED FOR SALE

Estimated Value: $2,354,000 - $3,561,000

3 Beds
2 Baths
1,796 Sq Ft
$1,615/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $1,875,000 $1,044 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $16,994/month

214 Days on Market

Highlights

  • Ocean View
  • Arts and Crafts Architecture
  • Stone Countertops
  • Carmel River Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2017

If these walls could talk, oh the stories they would tell. Nearly 100 years young, this truly iconic home was thought to be one of the first homes built by master builder M.J. Murphy after his completion of the Highlands Inn. Designed and built by M.J. Murphy, he crafted a home that captures truly exceptional and dramatic ocean views - it will take your breath away. The rustic bungalow has an enchanting Big Sur lodge atmosphere, maintaining its original redwood walls and ceilings, as well as the original Douglas Fir floors. The home is just a short stroll to the Highlands Inn and less than 10 minutes back to downtown Carmel. Only two owners since 1918, this is the first time this special property is available on the open market in half a century. Restore the home to its original glory and own an architectural piece of Carmel's history. A unique and rare opportunity in one of the most beautiful and magical areas of the world.

Last Agent to Sell the Property

Dana A. Bambace

Carmel Realty Company License #01731448 Listed on: 08/03/2016

Carmel Realty Company

Co-Listed By

Shelly Lynch

Carmel Realty Company License #01217466

Last Buyer's Agent

Dana A. Bambace

Carmel Realty Company License #01731448 Listed on: 08/03/2016

Carmel Realty Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 0.32 Acre Lot
  • Lot Sloped Down
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Property Views

  • Ocean
  • Panoramic

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Masonry Perimeter Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Parking

  • 2 Parking Spaces
  • Guest Parking

Additional Features

  • Balcony
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 241-181-002-000

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Arts and Crafts, Bungalow, Cottage
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1796
  • Year Built: 1918
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Countertop - Stone, Oven Range, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1796
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Masonry Perimeter, Raised
  • Roof: Composition
  • View: Ocean, Panoramic, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Guest / Visitor Parking

Utilities

  • Heating System: Fireplace
  • Sewer/Septic System: Septic Standard, Sewer Available

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Parcel Number: 241-181-002-000
  • Lot Acres: 0.3200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13939.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13939.20
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified
  • Elementary School Text: Carmel River Elementary
  • High School Text: Carmel High
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Apr 13, 2017
Sold by
Riehl Leslie and The Bypass Trust
Bought by
Johnson Christopher and The Christopher Johnson Trust
Seller's Agent
Dana A. Bambace
Carmel Realty Company
Buyer's Agent
Dana A. Bambace
Carmel Realty Company
List Price
$2,350,000
Sold Price
$1,875,000
Premium/Discount to List
-$475,000
-20.21%
Current Estimated Value
$2,899,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,024,889
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jan 25, 2000
Sold by
Hoffman Frances Gellatly
Bought by
Hoffman Frances Gellatly
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
Johnson Christopher $1,875,000 First American Title Company
Hoffman Frances Gellatly -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $1,875,000 -20.2% $1,044 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
08/03/2016 08/03/16 For Sale $2,350,000 -- $1,308 / 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 $22,142 $2,176,093 $1,160,584 $1,015,509
2024 $22,142 $2,133,426 $1,137,828 $995,598
2023 $22,082 $2,091,595 $1,115,518 $976,077
2022 $21,356 $2,050,585 $1,093,646 $956,939
2021 $21,145 $2,010,378 $1,072,202 $938,176
2020 $20,695 $1,989,765 $1,061,208 $928,557
2019 $20,301 $1,950,750 $1,040,400 $910,350
2018 $19,925 $1,912,500 $1,020,000 $892,500
2017 $570 $53,015 $23,281 $29,734
2016 $560 $51,976 $22,825 $29,151
2015 $552 $51,197 $22,483 $28,714
2014 $545 $50,195 $22,043 $28,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81598299

MLSListings

APN: 241-181-002-000