$3,250,000
SOLD SEP 30, 2024
4 Beds
4 Baths
2,812 Sq Ft
0.55 Acres

Recently Sold

$1,156 Per Sq Ft

23% Below List Price

435 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • 0.55 Acre Lot
  • Carmel River Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of September 2024

Introducing one of Carmel-by-the-Sea area's finest secret estates: an extraordinarily charming, old-world, storybook Villa on the market for the first time since 1985. Exquisitely designed and remodeled by John Newcomb, one of Carmel's most creative and esteemed designers. Styled whimsically in high quality artisan craftsmanship, Newcomb captured a thorough & timeless European Countryside character. Behind the heavy-timber security gates, hung on stout Carmel stone ornamental pillars, time slows down inside this extremely private 24,000 sf hillside property with meandering park like setting walkways, and breathtaking ocean views. In total, Villa and Guest house, four bedrooms, four bathrooms, five fireplaces, two ocean view balconies, and two car garage.

Last Agent to Sell the Property

Mark Ryan

Carmel Realty Company License #70000270 Listed on: 06/16/2023

Last Buyer's Agent

Mark Ryan

Carmel Realty Company License #70000270 Listed on: 06/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,812

Year Built

  • Built in 1945

Lot Details

  • 0.55 Acre Lot
  • Fenced
  • Lot Sloped Up
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • Forest

Home Design

  • Normandy Architecture
  • French Architecture
  • Mediterranean Architecture
  • Wood Shingle Roof
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,812 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Bay Window
  • Garden Windows
  • Wine Cellar
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Laundry in unit

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Bidet
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-024-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,812

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: French, Mediterranean, Normandy
  • Property Condition: Built / Remodeled Green
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 2812
  • Year Built: 1945
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Gas Starter, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2812
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Bidet, Full on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Showers over Tubs - 2+, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile, Wood Shakes / Shingles
  • View: Bay, Forest / Woods, Ocean, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced, Low Maintenance, Outdoor Fireplace, Sprinklers - Auto, Storage Shed / Structure
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Parking Area

Utilities

  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Carmel Unified
  • Elementary School: Carmel River Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 512
  • Middle School: 511

Lot Info

  • Lot Description: Grade - Sloped Up, Surveyed, Views
  • Parcel Number: 009-024-010
  • Lot Acres: 0.5489
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23911.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23911.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified
  • Elementary School Text: Carmel River Elementary
  • High School Text: Carmel High
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 25, 2024
Sold by
Steffensen Dwight A and Steffensen Arlene M
Bought by
Fanger Lance Vincent and Kotenko Ekaterina V
Seller's Agent
Mark Ryan
Carmel Realty Company
Buyer's Agent
Mark Ryan
Carmel Realty Company
List Price
$4,200,000
Sold Price
$3,250,000
Premium/Discount to List
-$950,000
-22.62%
Views
2019
Current Estimated Value
$3,213,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,499
Avg. Annual Appreciation
-1.25%
Original Mortgage
$2,437,500
Outstanding Balance
$2,414,877
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$798,624
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,437,500 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $1,600,000 New Conventional
Previous Owner $1,260,000 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Fannie Mae Freddie Mac
Previous Owner $2,475,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $3,250,000 0.0% $1,156 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $3,250,000 -7.0% $1,156 / Sq Ft
05/20/2024 05/20/24 Price Changed $3,495,000 -2.8% $1,243 / Sq Ft
05/06/2024 05/06/24 Price Changed $3,595,000 -4.0% $1,278 / Sq Ft
04/24/2024 04/24/24 Price Changed $3,745,000 -1.3% $1,332 / Sq Ft
12/28/2023 12/28/23 Price Changed $3,795,000 -1.3% $1,350 / Sq Ft
11/16/2023 11/16/23 Price Changed $3,845,000 -3.8% $1,367 / Sq Ft
10/13/2023 10/13/23 Price Changed $3,995,000 -4.9% $1,421 / Sq Ft
06/16/2023 06/16/23 For Sale $4,200,000 -- $1,494 / 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 $9,812 $3,150,000 $1,600,000 $1,550,000
2024 $9,812 $3,150,000 $1,600,000 $1,550,000
2023 $9,826 $744,427 $195,219 $549,208
2022 $9,674 $729,832 $191,392 $538,440
2021 $9,341 $715,523 $187,640 $527,883
2020 $9,130 $708,187 $185,716 $522,471
2019 $8,937 $694,302 $182,075 $512,227
2018 $8,688 $680,689 $178,505 $502,184
2017 $8,412 $667,343 $175,005 $492,338
2016 $8,190 $654,259 $171,574 $482,685
2015 $7,951 $644,432 $168,997 $475,435
2014 $7,759 $631,809 $165,687 $466,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81932116

MLSListings

APN: 009-024-010-000