NOT LISTED FOR SALE

Estimated Value: $3,307,000 - $5,447,000

1.26 Acres
$3,473,810 Price per Acre
54,886 Sq Ft Lot

Last Sold July 12, 2016

Last sale price $625,000

Est. 600% increase in value since last sale

Current estimated payment $26,585/month

254 Days on Market

About This Lot

As of July 2016

Rare opportunity to begin construction on your dream home today! With beautiful plans already designed and approved by renowned architect Jun Siliano, this 4,200 sq. ft. masterful Mediterranean style home is waiting to be yours. These plans can be scaled down to 2,500 sq. ft. if you were looking to build a smaller home. This gorgeous 1 acre lot has incredible views of the water and the back side of Point Lobos. This project has approved plans for an additional 3 years until 06/2018. Active well on site!!

Last Agent to Sell the Property

Pete Ruiz

KW Coastal Estates License #01974535 Listed on: 08/10/2015

KW Coastal Estates

Last Buyer's Agent

Pete Ruiz

KW Coastal Estates License #01974535 Listed on: 08/10/2015

KW Coastal Estates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,274

Lot Details

  • 1.26 Acre Lot
  • Lot Sloped Down

Property Views

  • Ocean
  • Panoramic

Outdoor Features

  • Electricity Available at Street

Utilities

  • Well
  • Perc Approved Septic

Property Details

Property Type

Land

Est. Annual Taxes

$40,274

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Development Status: Approved Building Plan
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Panoramic, Special

Utilities

  • Sewer/Septic System: Septic - Plans Approved

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 1.2600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 54886.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 54886.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2018
Sold by
Butler Keith L and Butler Mireille O
Bought by
Butler Mireille and Butler Keith
Current Estimated Value
$4,377,000

Purchase Details

Listed on
Aug 10, 2015
Closed on
Jul 8, 2016
Sold by
Trosky Ian Andrew and Trosky Amy Marie
Bought by
Butler Keith L and Butler Mireille O
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.36%
Original Mortgage
$437,500
Outstanding Balance
$357,872
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,019,128

Purchase Details

Closed on
May 13, 2011
Sold by
Trosky Ian Andrew and Trosky Amy Marie
Bought by
Trosky Ian Andrew and Trosky Amy Marie

Purchase Details

Closed on
May 11, 2006
Sold by
Heisler Karen
Bought by
Trosky Ian Andrew and Trosky Amy Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Butler Mireille -- None Available
Butler Keith L $625,000 Chicago Title Company
Trosky Ian Andrew -- Accommodation
Trosky Ian Andrew -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Keith L $437,500
Previous Owner Trosky Ian Andrew $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $625,000 -10.6% --
04/20/2016 04/20/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $699,000 -- --
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 $40,274 $3,962,047 $725,363 $3,236,684
2024 $40,274 $3,884,361 $711,141 $3,173,220
2023 $40,065 $3,808,198 $697,198 $3,111,000
2022 $38,745 $3,733,528 $683,528 $3,050,000
2021 $33,499 $3,196,026 $670,126 $2,525,900
2020 $32,785 $3,163,255 $663,255 $2,500,000
2019 $32,665 $3,150,250 $650,250 $2,500,000
2018 $25,282 $2,435,000 $625,000 $1,810,000
2017 $6,493 $625,000 $625,000 $0
2016 $5,963 $571,673 $571,673 $0
2015 -- $563,086 $563,086 $0
2014 -- $552,056 $552,056 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81499239

MLSListings

APN: 241-241-011-000