NOT LISTED FOR SALE

Estimated Value: $2,834,000 - $3,248,000

3 Beds
2.5 Baths
2,365 Sq Ft
$1,293/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $1,875,000 $793 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $17,784/month

458 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Vaulted Ceiling
  • Carmel River Elementary School Rated A
  • Deck
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2017

HUGE PRICE REDUCTION- COME SEE! BREATHTAKING, PANORAMIC AND IN-YOUR-FACE VIEWS of Yankee Point all the way to Big Sur Lighthouse and views of open ocean. West of Highway 1, perched on a 1/4 acre street to street lot, this is a magical property. The lot to the West is a scenic easement so that the view is protected. With 2,400 square feet, 2.5 baths, attached 2-car garage and lots of storage, use this much loved home for a cozy California aerie or add on and update to create a majestic estate. This is the first time this much loved home, built and designed by the family in 1975, has ever been on the market. Polish up this home or remodel.

Last Agent to Sell the Property

Barbara Ehrenpreis

Carmel Realty Company License #01136716 Listed on: 05/17/2016

Last Buyer's Agent

Malone Hodges

Carmel Realty Company License #01471087

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.45 Acre Lot
  • Lot Sloped Down
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Property Views

  • Ocean
  • Panoramic

Home Design

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

Interior Spaces

  • 2,365 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den
  • Crawl Space

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Sustainable
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • 220 Volts
  • Propane
  • Septic Tank
  • Not Connected to Sewer
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 241-311-030-000

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Custom
  • Listing Class: Residential
  • Structure Sq Ft: 2365
  • Incorporated: Yes
  • Year Built: 1975
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Countertop - Synthetic, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 2365
  • Stories: 2
  • Laundry: Dryer, Hookup - Electric, Washer
  • Flooring: Carpet, Sustainable Materials, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Office Area
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tile, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shingle
  • View: Ocean, Panoramic, Special, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Drought Tolerant Plants, Low Maintenance, Sprinklers - Lawn
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Drive Through, Gate / Door Opener, Guest / Visitor Parking, On Street, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Central Forced Air - Gas, Forced Air, Propane
  • Sewer/Septic System: Existing Septic, Septic Connected, Sewer Not Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Parcel Number: 241-311-030-000
  • Lot Acres: 0.4540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19775.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19775.00
  • Soil: Unknown

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Krishnaswamy Aravind and Trang Kim N
Bought by
Krishnaswamy Family Revocable Trust and Krishnaswamy
Current Estimated Value
$3,058,085

Purchase Details

Listed on
May 17, 2016
Closed on
Sep 19, 2017
Sold by
Gray Michael Ned
Bought by
Kim Krishnaswamy Aravind and Kim Trang
Seller's Agent
Barbara Ehrenpreis
Carmel Realty Company
Buyer's Agent
Malone Hodges
Carmel Realty Company
List Price
$3,595,000
Sold Price
$1,875,000
Premium/Discount to List
-$1,720,000
-47.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$1,406,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2006
Sold by
Gray Michael Ned and Etienne Myron E
Bought by
Gray Michael Ned
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Krishnaswamy Family Revocable Trust -- None Listed On Document
Kim Krishnaswamy Aravind $1,875,000 Old Republic Title Company
Gray Michael Ned -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Krishnaswamy Aravind $1,406,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2017 10/03/17 Sold $1,875,000 -24.8% $793 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $2,495,000 -10.1% $1,055 / Sq Ft
03/14/2017 03/14/17 Price Changed $2,775,000 -0.9% $1,173 / Sq Ft
12/21/2016 12/21/16 Price Changed $2,800,000 -3.3% $1,184 / Sq Ft
09/14/2016 09/14/16 Price Changed $2,895,000 -12.1% $1,224 / Sq Ft
08/12/2016 08/12/16 Price Changed $3,295,000 -2.9% $1,393 / Sq Ft
07/18/2016 07/18/16 Price Changed $3,395,000 -2.9% $1,436 / Sq Ft
06/20/2016 06/20/16 Price Changed $3,495,000 -2.8% $1,478 / Sq Ft
05/17/2016 05/17/16 For Sale $3,595,000 -- $1,520 / 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 $21,708 $2,133,425 $1,137,827 $995,598
2024 $21,708 $2,091,594 $1,115,517 $976,077
2023 $21,595 $2,050,584 $1,093,645 $956,939
2022 $20,884 $2,010,377 $1,072,201 $938,176
2021 $20,677 $1,970,959 $1,051,178 $919,781
2020 $20,236 $1,950,750 $1,040,400 $910,350
2019 $19,849 $1,912,500 $1,020,000 $892,500
2018 $19,481 $1,875,000 $1,000,000 $875,000
2017 $1,958 $185,389 $25,574 $159,815
2016 $1,927 $181,755 $25,073 $156,682
2015 $1,900 $179,026 $24,697 $154,329
2014 $1,880 $175,520 $24,214 $151,306
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81586021

MLSListings

APN: 241-311-030-000