NOT LISTED FOR SALE

23750 Spectacular Bid Ln Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $2,221,000 - $2,506,712

3 Beds
4 Baths
3,717 Sq Ft
$644/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $1,345,000 $362 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,117/month

11 Days on Market

Highlights

  • Bay View
  • 1.85 Acre Lot
  • High Ceiling
  • Washington Elementary School Rated A-
  • 3 Fireplaces
  • Den

About This Home

As of April 2017

So peacefully resting and quietly awaiting your vision. Including a 3,717sf main home, 414sf guest house and 3 car garage with shop, this can be the family compound you always imagine. Two stone fireplaces, exposed beams, rough hewn wood and cozy library with third fireplace, suggests a Tahoe like retreat for your "other home". A Palm Springs retro, modern or wine country vintage style is easily created from the large rooms with massive windows and doors overlooking lush courtyard. Be captivated by generous views of Monterey Bay, city lights and airport to the west. Enjoy hills, valley, golf course and sunrises to the east. Once the private residence of a Peninsula developer, who carefully chose this spectacular lot and inviting floorplan, this is now your opportunity to enjoy the project...it will be rewarding.

Last Agent to Sell the Property

Pam Pantzis

Shankle Real Estate License #01191464 Listed on: 03/04/2017

Shankle Real Estate

Last Buyer's Agent

Dana A. Bambace

Carmel Realty Company License #01731448

Carmel Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,996

Year Built

  • Built in 1984

Lot Details

  • 1.85 Acre Lot
  • Zoning described as R1

Parking

  • 3 Car Garage
  • Workshop in Garage

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Golf Course
  • Valley

Home Design

  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,717 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Formal Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Homes

  • 414 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 173-101-025-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - road
  • Sterling Property Management Association
  • Built by York Hills

Amenities

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,996

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Neighborhood Approval
  • Age: 33
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 414
  • Structure Sq Ft: 3717
  • Complex Name: York Hills
  • Year Built: 1984
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Hood Over Range, Pantry
  • Living Sq Ft: 3717
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Formal Entry, Guest House, Laundry Room, Office Area
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Pass Through, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • View: Bay, City Lights, Golf Course, Panoramic, Valley
  • Yard/Grounds: Courtyard
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Workshop in Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Connected

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fees: 100
  • Association Fees Include: Maintenance - Road
  • H O A Name Text: Sterling Property Management
  • H O A Exist: Yes

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 173-101-025-000
  • Lot Acres: 1.8500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 80586.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 80586.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Second Unit Description: Studio

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2017
Closed on
Apr 6, 2017
Sold by
Thorndike Patrcia Lynn and Thorndike L P
Bought by
Gibb Jeffrey Austin and Tegelberg Gibb Marie Henriette
Seller's Agent
Pam Pantzis
Shankle Real Estate
Buyer's Agent
Dana A. Bambace
Carmel Realty Company
List Price
$1,200,000
Sold Price
$1,345,000
Premium/Discount to List
$145,000
12.08%
Total Days on Market
11
Current Estimated Value
$2,393,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,178
Avg. Annual Appreciation
6.92%
Original Mortgage
$900,000
Outstanding Balance
$729,428
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,622,959

Purchase Details

Closed on
Jun 20, 2016
Sold by
Keybank Na
Bought by
Thorndike Patricia Lynn and Thorndike L P

Purchase Details

Closed on
Sep 6, 2012
Sold by
Thorndike E J
Bought by
Thorndike Patricia Lynn and Thorndike L P
Source: Public Records

Range of Values:

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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
Gibb Jeffrey Austin $1,345,000 Old Republic Title Company
Thorndike Patricia Lynn -- None Available
Thorndike Patricia Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibb Jeffrey Austin $176,000
Open Gibb Jeffrey Austin $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $1,345,000 +12.1% $362 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/04/2017 03/04/17 For Sale $1,200,000 -- $323 / 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 $16,996 $1,569,730 $406,201 $1,163,529
2024 $16,996 $1,538,952 $398,237 $1,140,715
2023 $16,386 $1,508,778 $390,429 $1,118,349
2022 $16,506 $1,479,195 $382,774 $1,096,421
2021 $15,787 $1,450,192 $375,269 $1,074,923
2020 $15,441 $1,435,323 $371,422 $1,063,901
2019 $15,295 $1,399,338 $364,140 $1,035,198
2018 $14,970 $1,371,900 $357,000 $1,014,900
2017 $6,288 $552,839 $193,413 $359,426
2016 $6,098 $542,000 $189,621 $352,379
2015 $6,130 $542,000 $189,621 $352,379
2014 $5,927 $531,384 $185,907 $345,477
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Pam Pantzis

    Shankle Real Estate

    Section Image

  • D

    Buyer's Agent in 2017

    Dana A. Bambace

    Carmel Realty Company

    Section Image
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Map

Source: MLSListings

MLS Number: ML81641084

MLSListings

APN: 173-101-025-000

California Monterey County Monterey 93940 Laguna Seca/Ryan Ranch

23750 Spectacular Bid Ln, Monterey, CA

This home is located at 23750 Spectacular Bid Ln, Monterey, CA 93940 since 04 March 2017 and is currently estimated at $2,393,178, approximately $643 per square foot. This property was built in 1984. 23750 Spectacular Bid Ln is a home located in Monterey County with nearby schools including Washington Elementary School, Toro Park Elementary School, and San Benancio Middle School.

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