NOT LISTED FOR SALE

Estimated Value: $3,573,000 - $4,251,000

5 Beds
3.5 Baths
4,536 Sq Ft
$876/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $3,100,000 $683 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $23,824/month

217 Days on Market

Highlights

  • Ocean View
  • Media Room
  • Fireplace in Primary Bedroom
  • Aptos High School Rated A-
  • Primary Bedroom Suite
  • Recreation Room

About This Home

As of September 2020

Private gated estate with BIG ocean & coastline views out almost every window minutes to Rio Del Mar beach but away from the traffic. Casual elegance with the highest quality of construction & attention to detail throughout. Multiple doors open to the many outdoor balconies & patios taking in the Monterey Bay & coastline views. The main floor has a living room with gas fireplace & solar-powered shades, formal dining, a large pantry storage area, laundry room, & kitchen with high-end appliances including a full-size Subzero freezer & refrigerator. The spacious master bedroom suite is also on the main floor with two large walk-in closets, soaking tub, walk-in shower, & access to an ocean-view balcony. Downstairs are 3 additional bedrooms, including one used as an office, a theatre room with bar, 80" tv & leather reclining chairs, & a steam room. Above the 3 car garage is a separate bonus great room with a kitchen & 1/2 bath perfect for entertaining guests or extended family.

Last Agent to Sell the Property

Marcus Vidrine

David Lyng Real Estate License #70010151 Listed on: 01/16/2020

David Lyng Real Estate

Co-Listed By

Dennis Lunder

Dennis A. Lunder, Broker License #00656586

Last Buyer's Agent

Steve Byrd

Sotheby’s International Realty License #00520864

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2006

Lot Details

  • 0.3 Acre Lot
  • Security Fence
  • Sprinklers on Timer
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay
  • City Lights
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,536 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • High Ceiling
  • Fireplace With Gas Starter
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Media Room
  • Den
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Monitored

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Vented Exhaust Fan

Community Details

  • Courtyard
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

2006

Lot Details

0

Parking

3

Listing Details

  • Zoning: R-1-4
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4536
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area In Living Room, Dining Bar, Eat In Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island With Sink, Oven Range - Built-In, Gas, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4536
  • Stories: 2
  • Security: Controlled / Secured Access, Secured Garage / Parking, Security Alarm, Security Fence, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater, Office Area, Recreation Room, Storage, Utility Room
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Shower And Tub, Tub In Primary Bedroom, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • View: Bay, City Lights, Greenbelt, Hills, Neighborhood, Ocean, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Sprinklers - Auto
  • Pool: Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Video / Audio System, Walk-In Closet, Wet Bar

Lot Info

  • Lot Acres: 0.3020
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13155.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13155.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Aug 26, 2020
Sold by
Kitahara Larry K and Kitahara Alice D
Bought by
Walker Margaret Vivien S and The Margaret Vivien Siote Walk
Seller's Agent
Marcus Vidrine
David Lyng Real Estate
Buyer's Agent
Steve Byrd
Sotheby’s International Realty
List Price
$3,998,000
Sold Price
$3,100,000
Premium/Discount to List
-$898,000
-22.46%
Current Estimated Value
$3,971,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,768
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Desimone Cara and Krum Eugene J
Bought by
Kitahara Larry K and Kitahara Alice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,597,575
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Desimone Cara and The Cara Desimone Trust
Bought by
Krum Eugene J and Desimone Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 24, 2003
Sold by
Desimone Cara
Bought by
Krum Eugene J

Purchase Details

Closed on
Jul 7, 2003
Sold by
Maruyama Stephen and Maruyama Cheryl
Bought by
Krum Eugene J and Desimone Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2001
Sold by
Beattie George W and Beattie Hortense R
Bought by
Maruyama Stephen and Maruyama Cheryl
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
Walker Margaret Vivien S $3,100,000 Old Republic Title Company
Kitahara Larry K $2,282,500 Stewart Title Of California
Krum Eugene J -- First American Title Co
Krum Eugene J -- First American Title Co
Desimone Cara -- First American Title Co
Krum Eugene J $597,000 First American Title Co
Maruyama Stephen $450,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitahara Larry K $1,597,575
Previous Owner Krum Eugene J $1,000,000
Previous Owner Krum Eugene J $400,000
Closed Krum Eugene J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $3,100,000 -22.5% $683 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $3,998,000 -- $881 / 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 $36,908 $3,355,540 $2,181,101 $1,174,439
2023 $36,164 $3,225,240 $2,096,406 $1,128,834
2022 $35,498 $3,162,000 $2,055,300 $1,106,700
2021 $34,793 $3,100,000 $2,015,000 $1,085,000
2020 $29,485 $2,621,460 $1,572,876 $1,048,584
2019 $28,972 $2,570,058 $1,542,036 $1,028,022
2018 $28,221 $2,519,664 $1,511,799 $1,007,865
2017 $27,998 $2,470,260 $1,482,159 $988,101
2016 $27,270 $2,421,825 $1,453,098 $968,727
2015 $27,151 $2,385,447 $1,431,270 $954,177
2014 $26,549 $2,338,719 $1,403,232 $935,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81804035

MLSListings

APN: 042-202-01-000