NOT LISTED FOR SALE

Estimated Value: $3,577,000 - $4,832,000

3 Beds
3 Baths
3,147 Sq Ft
$1,341/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $3,220,000 $1,023 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $25,171/month

7 Days on Market

Highlights

  • Granite Countertops
  • Wine Refrigerator
  • Double Oven
  • Carmel River Elementary School Rated A
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of August 2020

Perched atop a private vista on over an acre of flourishing land with breathtaking ocean views is this beautifully remodeled home, just 5 miles from the world-class beaches, shops, and restaurants of Carmel-by-the-Sea and a few more to the Pebble Beach Golf Links. Highlights include 3 bedrooms, 3 full baths, 3,147 square feet of living space, an oversized 2-car garage, solar panels, generator, granite countertops, custom maple cabinets, 300+ bottle temperature-controlled wine storage, and a selection of outdoor seating areas overlooking the vast Pacific ocean. Breathe in the crisp sea breeze, keep a lookout for whales, and savor this serene Carmel Highlands getaway.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 05/27/2020

Coldwell Banker Realty

Last Buyer's Agent

C&C Real Estate Team

Better Homes And Gardens Real Estate By The Sea License #70010156

Home Details

Home Type

  • Single Family

Year Built

  • 1962

Lot Details

  • 1.07

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,147 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Formal Dining Room
  • Alarm System

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry Tub

Utilities

  • Forced Air Heating System
  • Power Generator
  • Septic Tank

Additional Features

  • Solar owned by a third party
  • 1.07 Acre Lot

Community Details

  • Controlled Access

Home Details

Home Type

Single Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: LDR/1-D(CZ)
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3147
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Island, Microwave, Oven - Double, Wine Refrigerator
  • Living Sq Ft: 3147
  • Stories: 1
  • Security: Controlled / Secured Access, Security Alarm
  • Bedrooms: Walk-In Closet
  • Laundry: Inside, Tub / Sink
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 1.0700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46609.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 46609.00

Multi Family

  • Utilities: Generator, Public Utilities, Solar Panels - Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 7, 2020
Sold by
Jemma Properties Ltd
Bought by
Mellacheruvu Venkata R and Vemuri Indira
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
C&C Real Estate Team
Better Homes And Gardens Real Estate By The Sea
List Price
$3,295,000
Sold Price
$3,220,000
Premium/Discount to List
-$75,000
-2.28%
Current Estimated Value
$4,219,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$999,947
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,750,000
Outstanding Balance
$1,539,724
Interest Rate
2.57%
Mortgage Type
New Conventional
Estimated Equity
$2,680,223

Purchase Details

Closed on
Jun 24, 2005
Sold by
England Michael J and England Laura E R
Bought by
Jemma Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2005
Sold by
Flagg Claire E
Bought by
England Michael J and England Laura E R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 11, 1999
Sold by
Flagg Claire E
Bought by
Flagg Claire E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
6.87%

Purchase Details

Closed on
Mar 6, 1996
Sold by
Spangle Clarence W
Bought by
Griggs Benjamin G and Griggs Myra M

Purchase Details

Closed on
Jan 16, 1995
Sold by
Spangle Virginia G
Bought by
Spangle Clarence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.95%
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
Mellacheruvu Venkata R $3,220,000 First American Title Company
Jemma Properties Ltd -- --
England Michael J $2,400,000 --
Flagg Claire E -- First American Title
Flagg Claire E $1,275,000 First American Title
Griggs Benjamin G -- --
Spangle Clarence W -- Stewart Title
Spangle Clarence W $850,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellacheruvu Venkata R $1,750,000
Previous Owner England Michael J $1,664,000
Previous Owner Flagg Claire E $956,250
Previous Owner Spangle Clarence W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $3,220,000 -2.3% $1,023 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $3,295,000 -- $1,047 / 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 $37,521 $3,690,396 $1,968,561 $1,721,835
2024 $37,521 $3,618,036 $1,929,962 $1,688,074
2023 $37,446 $3,547,095 $1,892,120 $1,654,975
2022 $36,216 $3,477,545 $1,855,020 $1,622,525
2021 $35,858 $3,409,359 $1,818,648 $1,590,711
2020 $26,332 $2,528,000 $1,752,000 $776,000
2019 $26,054 $2,500,000 $1,700,000 $800,000
2018 $25,303 $2,425,000 $1,681,000 $744,000
2017 $24,644 $2,364,120 $1,517,000 $847,120
2016 $22,917 $2,189,000 $1,517,000 $672,000
2015 $16,446 $1,565,000 $1,127,000 $438,000
2014 $15,570 $1,467,000 $1,056,000 $411,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81794086

MLSListings

APN: 241-291-017-000