NOT LISTED FOR SALE

24795 Torres St Carmel, CA 93923

Carmel Woods Neighborhood

Estimated Value: $1,775,000 - $2,165,000

4 Beds
4 Baths
2,084 Sq Ft
$955/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $879,000 $422 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $11,401/month

78 Days on Market

Highlights

  • Contemporary Architecture
  • Forest View
  • 2 Car Attached Garage
  • Carmel River Elementary School Rated A
  • Fireplace
  • 5-minute walk to Forest Hill Park

About This Home

As of August 2015

This Carmel Duplex is a unique property providing income from one or both units. Giving the owner the options of primary residence or second home. The upper unit has vaulted ceilings. Each unit has two bedrooms and two bathrooms. This duplex is one of three buildings with off-street parking. Close to downtown Carmel-by-the-Sea, tennis courts and small park. One unit is vacant and one is tenant occupied. 24797 Torres is the second unit.

Last Agent to Sell the Property

Laura Garcia

Sotheby’s International Realty License #01367403 Listed on: 05/19/2015

Last Buyer's Agent

Laura Garcia

Sotheby’s International Realty License #01367403 Listed on: 05/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1983

Lot Details

  • 4,008

Parking

  • 2 Car Attached Garage
  • Off-Site Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Forest Views
  • Electric Oven
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Grass Covered Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $46,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,713
  • Maintenance Expense $200
  • Utility Expense $2,060
  • Trash Expense $336
  • Operating Expense $10,376
  • Gross Income $45,738

Property Details

Home Type

Multi-Family

Year Built

1983

Lot Details

0

Parking

2

Listing Details

  • Zoning: Residential
  • Subclass: Duplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2084
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1983

Interior Features

  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 2084
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Forest / Woods
  • Yard/Grounds: Low Maintenance
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Site Parking

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 497

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 20.13
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1713
  • Expense Maintenance: 200
  • Expenses Total: 10376
  • Expenses Utility: 2060
  • Expense Trash: 336
  • Income Annual Gross: 45738.00
  • Income Annual Rental: 46200
  • Income Gross Scheduled: 46200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Rent Only, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Austin Pamela L and Austin Family Trust
Bought by
Austin Pamela L and Survivors Trust Poprtion Of Au
Current Estimated Value
$1,990,463

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 19, 2015
Sold by
Lachance David H and Linda Loma Mahroom Trust
Bought by
Austin Family Trust
Seller's Agent
Laura Garcia
Sotheby’s International Realty
Buyer's Agent
Laura Garcia
Sotheby’s International Realty
List Price
$930,000
Sold Price
$879,000
Premium/Discount to List
-$51,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Mar 24, 2004
Sold by
Lachance David H and Linda Luma Mahroom Trust
Bought by
Lachance David H and Linda Luma Mahroom Trust

Purchase Details

Closed on
Nov 5, 2001
Sold by
Mahroom Linda
Bought by
Lachance David H and Linda Luma Mahroom Trust

Purchase Details

Closed on
Jun 26, 1995
Sold by
Lachance David Howard
Bought by
Mahroom Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Austin Pamela L -- None Available
Austin Family Trust $879,000 Chicago Title Company
Lachance David H -- --
Lachance David H -- --
Lachance David H -- --
Mahroom Linda -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahroom Linda $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $879,000 -5.5% $422 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $930,000 -- $446 / Sq Ft
Source: MLSListings

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 $12,524 $1,040,551 $591,896 $448,655
2024 $12,524 $1,020,149 $580,291 $439,858
2023 $12,578 $1,000,147 $568,913 $431,234
2022 $12,337 $980,537 $557,758 $422,779
2021 $11,979 $961,312 $546,822 $414,490
2020 $11,712 $951,456 $541,216 $410,240
2019 $11,471 $932,801 $530,604 $402,197
2018 $11,176 $914,511 $520,200 $394,311
2017 $10,850 $896,580 $510,000 $386,580
2016 $10,590 $879,000 $500,000 $379,000
2015 $6,241 $474,055 $172,377 $301,678
2014 -- $464,770 $169,001 $295,769
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Laura Garcia

    Sotheby’s International Realty

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Map

Source: MLSListings

MLS Number: ML81466076

MLSListings

APN: 009-131-024-000

California Monterey County Carmel Carmel Woods

24795 Torres St, Carmel, CA

Not Listed for Sale

MultiFamily

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