NOT LISTED FOR SALE

Estimated Value: $2,442,000 - $2,708,000

3 Beds
2 Baths
1,920 Sq Ft
$1,331/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $1,100,000 $573 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $14,504/month

9 Days on Market

Highlights

  • Ocean View
  • Marble Flooring
  • Eat-In Kitchen
  • Carmel River Elementary School Rated A+
  • Marble Bathroom Countertops
  • Combination Dining and Living Room

About This Home

As of November 2015

A Carmel Highlands getaway. This 3 bedroom, 2 bath cottage sits on a beautiful 1 acre lot with privacy, distant ocean views, and wonderful sunsets. Nice entrance with a large gate, open beam ceilings, and lots of natural light.

Last Agent to Sell the Property

Mark Capito

Sotheby’s International Realty License #00797423 Listed on: 10/23/2015

Sotheby’s International Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,991

Year Built

  • Built in 1947

Lot Details

  • 1 Acre Lot
  • Gated Home

Parking

  • 3 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Ocean Views
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Marble Bathroom Countertops

Utilities

  • Heating Available
  • 220 Volts
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 241-291-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,991

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1920
  • Incorporated: Yes
  • Year Built: 1947
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1920
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Marble
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • View: Ocean
  • Fencing: Fenced, Gate
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Existing Septic

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 241-291-005-000
  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43560.00

Multi Family

  • Utilities: Propane On Site

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 17, 2015
Sold by
Morgan Andrew J
Bought by
Spear Robert J
Seller's Agent
Mark Capito
Sotheby’s International Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$2,554,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,454,809
Avg. Annual Appreciation
8.88%
Original Mortgage
$880,000
Outstanding Balance
$691,456
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,863,353

Purchase Details

Closed on
Apr 10, 2014
Sold by
Morgan Andrew
Bought by
Morgan Andrew J

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 21, 2013
Sold by
Tice Waliner Wendy L and Tice Waliner Wendy L
Bought by
Morgan Andrew
Seller's Agent
Karen Jepson
Coldwell Banker Realty
Buyer's Agent
Mark Capito
Sotheby’s International Realty
List Price
$1,098,000
Sold Price
$967,500
Premium/Discount to List
-$130,500
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$667,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Tice Wallner Wendy L and Tice Wallner Wendy
Bought by
Tice Wallner Wendy L

Purchase Details

Closed on
Sep 7, 2003
Sold by
Macquown David K and Macquown Lauren Geha
Bought by
Tice Wallner Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2002
Sold by
Macquown Lauren G
Bought by
Macquown David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.62%

Purchase Details

Closed on
May 22, 2001
Sold by
Macquown David K and Macquown Lauren G
Bought by
Macquown David Keith and Macquown Lauren Geha

Purchase Details

Closed on
Oct 26, 1999
Sold by
Farr Sharon B and Mcphail Ian D
Bought by
Macquown David K and Macquown Lauren G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First
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
Spear Robert J $1,100,000 Chicago Title Company
Morgan Andrew J -- None Available
Morgan Andrew -- Chicago Title Company
Tice Wallner Wendy L -- --
Tice Wallner Wendy $1,125,000 Old Republic Title
Macquown David K -- Old Republic Title
Macquown David K -- Old Republic Title
Macquown David Keith -- --
Macquown David K $510,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spear Robert J $880,000
Previous Owner Morgan Andrew $667,250
Previous Owner Tice Wallner Wendy $731,250
Previous Owner Macquown David K $750,000
Previous Owner Macquown David K $408,000
Closed Macquown David K $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2015 11/25/15 Sold $1,100,000 -12.0% $573 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $1,250,000 +29.2% $651 / Sq Ft
10/25/2013 10/25/13 Sold $967,500 -11.9% $504 / Sq Ft View Prior Sale
09/30/2013 09/30/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $1,098,000 -- $572 / 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 $11,991 $1,183,791 $917,440 $266,351
2024 $11,991 $1,160,580 $899,451 $261,129
2023 $11,982 $1,137,824 $881,815 $256,009
2022 $11,588 $1,115,515 $864,525 $250,990
2021 $11,472 $1,093,643 $847,574 $246,069
2020 $11,228 $1,082,430 $838,884 $243,546
2019 $11,013 $1,061,207 $822,436 $238,771
2018 $10,810 $1,040,400 $806,310 $234,090
2017 $10,586 $1,020,000 $790,500 $229,500
2016 $10,432 $1,000,000 $775,000 $225,000
2015 $10,364 $986,830 $764,985 $221,845
2014 $10,258 $967,500 $750,000 $217,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81520085

MLSListings

APN: 241-291-005-000