NOT LISTED FOR SALE

Estimated Value: $3,731,000 - $12,597,009

4 Beds
4 Baths
2,781 Sq Ft
$2,936/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $12,740,000 $4,581 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $56,453/month

3 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Wood Flooring
  • Carmel River Elementary School Rated A+
  • Living Room with Fireplace
  • Wine Refrigerator

About This Home

As of September 2022

Above the majestic Carmel coastline lies a newly remodeled, contemporary beach house that inspires with clean lines, complete privacy, and breathtaking sunsets. Set on 1.24 manicured acres, the three-bedroom, three-bathroom main home takes full advantage of its oceanfront surroundings. As you enter the front door, you are immediately taken by the panorama of the sea, soft finishes, and cool tones that invite a feeling of tranquility. The open-concept kitchen and living room serve as the central gathering area. Two-ocean view decks provide additional space to relax and unwind. There is a separate one-bedroom, one-bathroom guest house with a quaint viewing deck on the southwest corner of the property and a detached two-car garage. Walking paths lined with low-maintenance, native plants and mature trees connect all three structures to create a harmonious link between the landscape and living space. We look forward to welcoming you to your new beach house on the Carmel coast!

Last Agent to Sell the Property

Jonathan Spencer

Compass License #01916757 Listed on: 08/17/2022

Compass

Last Buyer's Agent

Rebecca Wolf Arnold

Carmel Realty Company License #01706104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,659

Year Built

  • 1956

Lot Details

  • 1.24 Acre Lot
  • Northwest Facing Home
  • Security Fence
  • Gated Home
  • Fenced Front Yard
  • Wood Fence
  • Gentle Sloping Lot
  • Grass Covered Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,781 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring
  • Ocean Views
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • <<builtInOvenToken>>
  • Gas Cooktop
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • <<tubWithShowerToken>>
  • Walk-in Shower
  • Low Flow Shower

Home Security

  • Security Gate
  • Fire Sprinkler System

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Propane
  • Septic Tank

Community Details

  • Carmel Highlands Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,659

Year Built

1956

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Zoning: LDR/1-D(CZ)
  • Subclass: Single Family Home
  • Style: Contemporary, Custom
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 2781
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log, Gas Starter, Insert, Living Room
  • Dining Room: Dining Area, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2781
  • Stories: 1
  • Security: Fire System - Sprinkler, Security Fence
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Shower And Tub, Stall Shower - 2+, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Metal
  • View: Ocean, Water, Water Front
  • Yard/Grounds: Fenced, Low Maintenance
  • Fencing: Fenced Front, Gate, Wood
  • Property Faces: Northwest
  • Construction Type: Masonry, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area

Utilities

  • Heating System: Fireplace, Forced Air, Propane
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Annually
  • HOA Exist: Yes
  • H O A Name Text: Carmel Highlands Association

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Skylight

Schools

  • School District: Carmel Unified
  • Elementary School: Carmel River Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 512
  • Middle School: 511

Lot Info

  • Lot Description: Grade - Gently Sloped, Views
  • Lot Acres: 1.2370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 53884.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 53884.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 1, 2022
Sold by
Pmfm Llc
Bought by
Robert And Marilyn Weiss Family Trust
Seller's Agent
Jonathan Spencer
Compass
Buyer's Agent
Rebecca Wolf Arnold
Carmel Realty Company
List Price
$12,000,000
Sold Price
$12,740,000
Premium/Discount to List
$740,000
6.17%
Views
114
Current Estimated Value
$8,164,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,575,995
Avg. Annual Appreciation
-14.65%

Purchase Details

Listed on
Jan 9, 2018
Closed on
Sep 27, 2018
Sold by
162 Spindrift Carmel Llc
Bought by
Pmfm Llc
Seller's Agent
Terrence Pershall
Sotheby’s International Realty
Buyer's Agent
Chris Baumgart
Carmel Realty Company
List Price
$10,995,000
Sold Price
$8,475,000
Premium/Discount to List
-$2,520,000
-22.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Interest Rate
4.72%

Purchase Details

Listed on
Apr 26, 2013
Closed on
Sep 27, 2013
Sold by
Deluca Kenneth T
Bought by
162 Spindrift Carmel Llc
Seller's Agent
Ed Stellingsma
Alain Pinel Realtors
Buyer's Agent
Terrence Pershall
Carmel Realty Company
List Price
$5,690,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,190,000
-20.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Original Mortgage
$3,000,000
Interest Rate
4.57%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Robert And Marilyn Weiss Family Trust $12,740,000 --
Pmfm Llc $8,475,000 --
162 Spindrift Carmel Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pmfm Llc --
Previous Owner 162 Spindrift Carmel Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $12,740,000 +6.2% $4,581 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $12,000,000 +41.6% $4,315 / Sq Ft
09/27/2018 09/27/18 Sold $8,475,000 -3.1% $3,047 / Sq Ft
09/11/2018 09/11/18 Price Changed $8,750,000 -12.5% $3,146 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
03/23/2018 03/23/18 Price Changed $9,995,000 -9.1% $3,594 / Sq Ft
01/09/2018 01/09/18 For Sale $10,995,000 +144.3% $3,954 / Sq Ft
10/04/2013 10/04/13 Sold $4,500,000 -18.0% $1,737 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
07/17/2013 07/17/13 Price Changed $5,490,000 -3.5% $2,120 / Sq Ft
04/26/2013 04/26/13 For Sale $5,690,000 -- $2,197 / 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 $134,659 $13,254,696 $9,363,600 $3,891,096
2024 $134,659 $12,994,800 $9,180,000 $3,814,800
2023 $134,059 $12,740,000 $9,000,000 $3,740,000
2022 $92,508 $12,740,000 $9,000,000 $3,740,000
2021 $91,593 $8,734,056 $4,122,268 $4,611,788
2020 $89,640 $8,644,500 $4,080,000 $4,564,500
2019 $87,928 $8,475,000 $4,000,000 $4,475,000
2018 $73,955 $7,119,136 $4,584,098 $2,535,038
2017 $72,427 $6,979,546 $4,494,214 $2,485,332
2016 $71,281 $6,842,693 $4,406,093 $2,436,600
2015 $47,911 $4,589,910 $3,059,940 $1,529,970
2014 $47,419 $4,500,000 $3,000,000 $1,500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81904146

MLSListings

APN: 241-192-011-000