NOT LISTED FOR SALE

Estimated Value: $4,884,976 - $6,239,000

5 Beds
5.5 Baths
5,907 Sq Ft
$954/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $4,300,000 $728 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $36,739/month

9 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated with Attendant
  • Monterey High School Rated A
  • Wine Cellar
  • 2.86 Acre Lot

About This Home

As of September 2020

Welcome to paradise. You will be impressed by the quality of the construction and the lush botanical environment that exists at this inviting single level Monterra estate. Located on a peaceful cul-de-sac, the sensible floor plan features floor to ceiling windows that display expansive views of the Monterey Bay and surrounding gardens from every room. Desirable open concept family room and chef's kitchen with la Cornue stove, quartzite counters and center island are perfect for connecting with family and friends. The luxuriant master bedroom suite features a sitting area with gas fireplace, walk-in-closets and French doors. Gardeners will adore the abundant floral activity, wisteria draped trellis and grapes vines, numerous raised beds and flourishing berries and fruit trees. Exterior spaces feature patios, walkways and an outdoor fireplace. Additional features include 15'-18' high ceilings, artistic paver driveway, four car attached garage with work shop and fenced dog run.

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 08/18/2020

Sotheby’s International Realty

Last Buyer's Agent

Rebecca Wolf Arnold

Carmel Realty Company License #01706104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,873

Year Built

  • 2000

Lot Details

  • 2.86 Acre Lot
  • Kennel or Dog Run
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Back Yard Fenced

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • City Lights
  • Hills
  • Forest
  • Garden

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 5,907 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - road, management fee, reserves, security service
  • Monterra Ranch HOA

Amenities

  • Courtyard
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,873

Year Built

2000

Lot Details

0

HOA Fees

$450 per month

Parking

4

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 5907
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Dual See Thru, Family Room, Gas Burning, Gas Log, Gas Starter, Insert, Living Room, Primary Bedroom, Outside
  • Dining Room: Breakfast Bar, Breakfast Room, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Dual Fuel, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island With Sink, Microwave, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5907
  • Stories: 1
  • Security: Fire Alarm, Security Gate With Guard
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Formal Entry, Great Room, Laundry Room, Library, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Bidet, Double Sinks, Full On Ground Floor, Granite, Half On Ground Floor, Primary - Stall Shower(s), Primary - Tub With Jets, Shower Over Tub - 1, Stall Shower, Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Bay, City Lights, Forest / Woods, Garden / Greenbelt, Hills, Ocean, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Dog Run / Kennel, Fenced, Outdoor Fireplace, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Fenced Back, Mixed Height / Type
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 6
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Parking Area, Workshop In Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic, Septic Connected

Condo/Co-op/Association

  • Complex Name: Monterra Ranch HOA
  • HOA Fees: 450
  • HOA Amenities: Club House, Community Security Gate, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Bylaws, Cc&rs, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Road, Management Fee, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Association/Amenities

  • Amenities Miscellaneous: Air Purifier

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 2.8600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 124582.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 124582.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 16, 2020
Sold by
Stuart William W and William W Stuart Trust
Bought by
Wheatley Sandra and Smerdon Gary
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Rebecca Wolf Arnold
Carmel Realty Company
List Price
$4,500,000
Sold Price
$4,300,000
Premium/Discount to List
-$200,000
-4.44%
Current Estimated Value
$5,884,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,584,163
Avg. Annual Appreciation
5.47%
Original Mortgage
$2,999,999
Outstanding Balance
$2,680,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,893,377

Purchase Details

Listed on
Apr 18, 2014
Closed on
Aug 29, 2014
Sold by
Bareilles Steven James and Bareilles Nancy Medeiros
Bought by
Stuart William W
Seller's Agent
Tim Allen
Coldwell Banker Realty
List Price
$3,495,000
Sold Price
$3,200,000
Premium/Discount to List
-$295,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Sep 3, 2008
Sold by
Mcelhaney Ronald M and Mc Elhaney Therese L
Bought by
Bareilles Steven James and Bareilles Nancy Medeiros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2000
Sold by
Mcelhaney Ronald M and Mcelhaney Therese L
Bought by
Mcelhaney Ronald M and Mcelhaney Therese L
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
Wheatley Sandra $4,300,000 Chicago Title Company
Stuart William W $3,200,000 First American Title Company
Bareilles Steven James -- Old Republic Title Company
Mcelhaney Ronald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley Sandra $2,999,999
Previous Owner Bareilles Steven James $2,778,000
Previous Owner Bareilles Steven James $2,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $4,300,000 -4.4% $728 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $4,500,000 +40.6% $762 / Sq Ft
09/09/2014 09/09/14 Sold $3,200,000 -8.4% $571 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $3,495,000 -- $624 / 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 $48,873 $4,654,457 $865,945 $3,788,512
2024 $48,873 $4,563,194 $848,966 $3,714,228
2023 $48,378 $4,473,720 $832,320 $3,641,400
2022 $47,710 $4,386,000 $816,000 $3,570,000
2021 $47,013 $4,300,000 $800,000 $3,500,000
2020 $37,371 $3,516,601 $1,648,406 $1,868,195
2019 $39,256 $3,447,649 $1,616,085 $1,831,564
2018 $37,664 $3,380,049 $1,584,398 $1,795,651
2017 $34,851 $3,313,775 $1,553,332 $1,760,443
2016 $34,226 $3,248,800 $1,522,875 $1,725,925
2015 $33,734 $3,200,000 $1,500,000 $1,700,000
2014 $42,086 $3,991,886 $1,647,178 $2,344,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81806698

MLSListings

APN: 259-101-129-000