NOT LISTED FOR SALE

24720 Summit Field Rd Carmel, CA 93923

High Meadow Neighborhood

Estimated Value: $2,163,000 - $2,480,894

2 Beds
2.5 Baths
2,900 Sq Ft
$807/Sq Ft Est. Value

Last Sold June 11, 2014

Last sale price $1,125,000 $388 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $13,523/month

30 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Carmel River Elementary School Rated A+
  • Deck
  • Den

About This Home

As of June 2014

High above Carmel with views of the Pacific and Point Lobos a special home waits among the treetops. The peacefulness found in this extraordinary 2BR, 2.5BA, home is truly unsurpassed. Offering an open beamed 2-story living room with fireplace and French doors leading to a large deck with it warm southern exposure, it is truly difficult to know where the inside ends and the outside begins.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 04/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Olga Menendez

Alain Pinel Realtors License #70005802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,943

Year Built

  • Built in 1972

Lot Details

  • 0.75

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Ocean Views
  • Breakfast Bar

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Loft Bedroom
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Deck
  • Lot Sloped Down

Listing and Financial Details

  • Assessor Parcel Number 015-461-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,943

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 42
  • Sale Price Per Sq Ft: 387.93
  • Listing Class: Residential
  • Structure Sq Ft: 2900
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 8
  • Map Top Coordinate: F
  • Thomas Bros Page: 80
  • Thomas Brothers: F8
  • Year Built: 1972
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Stories: Tri Level
  • Living Sq Ft: 2900
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Loft Bedroom
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Den / Study / Office, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Wood Shakes / Shingles, Shake
  • View: Ocean
  • Yard/Grounds: Deck
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 015-461-013
  • List Price per Sq Ft: 412.07
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 32670.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 32670.00
  • Lot Size Area Min Search: 32670.00
  • Maximum Lot Size: 32670.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 4, 2014
Sold by
Andrews Mary Ann and Mary Ann Andrews Revocable Tru
Bought by
Jeffrey & Janet Wallace Family Trust
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Olga Menendez
Alain Pinel Realtors
List Price
$1,195,000
Sold Price
$1,125,000
Premium/Discount to List
-$70,000
-5.86%
Current Estimated Value
$2,341,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,216,224
Avg. Annual Appreciation
6.66%
Original Mortgage
$693,000
Outstanding Balance
$496,920
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,844,304

Purchase Details

Closed on
Jul 26, 2012
Sold by
Sermersheim Michael D
Bought by
Andrews Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2012
Sold by
Andrews Mary Ann
Bought by
Andrews Mary Ann and The Mary Ann Andrew Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2009
Sold by
Andrews Mary Ann
Bought by
Andrews Mary Ann and The Mary Ann Andrews Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Andrews Mary Ann
Bought by
Andrews Mary Ann and Mary Ann Andrews Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Andrews Mary Ann
Bought by
Andrews Mary Ann and The Mary Ann Andrews Revocable

Purchase Details

Closed on
Dec 9, 2002
Sold by
Andrews Mary Ann
Bought by
Andrews Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.06%
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
Jeffrey & Janet Wallace Family Trust -- Chicago Title Company
Andrews Mary Ann -- Chicago Title Company
Andrews Mary Ann -- Chicago Title Company
Andrews Mary Ann -- Chicago Title Company
Andrews Mary Ann -- First American Title Company
Andrews Mary Ann -- First American Title Company
Andrews Mary Ann -- First American Title
Andrews Mary Ann -- First American Title
Andrews Mary Ann -- --
Andrews Mary Ann -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey & Janet Wallace Family Trust $693,000
Previous Owner Andrews Mary Ann $330,000
Previous Owner Andrews Mary Ann $313,000
Previous Owner Andrews Mary Ann $313,000
Previous Owner Andrews Mary Ann $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2014 06/11/14 Sold $1,125,000 -5.9% $388 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,195,000 -- $412 / 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 $14,943 $1,379,088 $766,160 $612,928
2024 $14,943 $1,352,048 $751,138 $600,910
2023 $14,965 $1,325,538 $736,410 $589,128
2022 $14,559 $1,299,548 $721,971 $577,577
2021 $14,296 $1,274,067 $707,815 $566,252
2020 $13,986 $1,261,004 $700,558 $560,446
2019 $13,709 $1,236,279 $686,822 $549,457
2018 $13,414 $1,212,039 $673,355 $538,684
2017 $13,089 $1,188,274 $660,152 $528,122
2016 $12,837 $1,164,975 $647,208 $517,767
2015 $12,610 $1,147,477 $637,487 $509,990
2014 $6,017 $516,572 $129,138 $387,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81411311

MLSListings

APN: 015-461-013-000