NOT LISTED FOR SALE

Estimated Value: $2,690,000 - $3,083,000

3 Beds
3.5 Baths
5,005 Sq Ft
$570/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $1,730,000 $346 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $16,689/month

328 Days on Market

Highlights

  • Wine Cellar
  • Media Room
  • Contemporary Architecture
  • Monterey High School Rated A
  • 1.46 Acre Lot
  • Vaulted Ceiling

About This Home

As of January 2017

Designed by one of Monterey's most talented architects, this captivating home takes advantage of its ridge-top location to exploit the panoramic views of Monterey Bay and the natural beauty that surrounds it. Soaring cathedral ceilings in the majestic living room are illuminated by vast windows. Perfect for family life as well as entertaining, this luxurious yet practical home is a private and peaceful hideaway close to all the Monterey Peninsula has to offer. Oversized master suite and sitting room (complete with fireplace), enormous bathroom and dressing area, and adjoining exercise room Private guest wing with two large en suite bedrooms (each with balcony), and huge entertainment room with wet bar, deck, and balcony Drought-tolerant professional landscaping features 1100 square-foot artificial-turf putting green and expansive backyard patio Spotless, immaculate, impeccable home, lovingly maintained (move-in ready) Gated neighborhood and gated driveway

Last Agent to Sell the Property

Gayle Crusan

International Estates, Inc. License #01038531 Listed on: 01/15/2016

Last Buyer's Agent

Gigi Di Giovanni

International Estates, Inc. License #01164907

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 1.46 Acre Lot
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,005 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Den
  • Bonus Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Septic Tank
  • Satellite Dish

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity
  • Halcyon Heights Association
  • Built by Halcyon Heights

Listing and Financial Details

  • Assessor Parcel Number 416-161-025

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 5005
  • Complex Name: Halcyon Heights
  • Year Built: 1997
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Built-In
  • Living Sq Ft: 5005
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Laundry: Hookup - Electric, Gas Hookup, Hookup - Washer/Dryer
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater, Storage, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Low Maintenance

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic, Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 185
  • Association Fees Include: Common Area Electricity
  • H O A Name Text: Halcyon Heights
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 416-161-025
  • Lot Acres: 1.4580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 63510.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 63510.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Propane On Site

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jan 12, 2017
Sold by
Liu Wei
Bought by
Liu Wei and Li Man Jun
Seller's Agent
Gayle Crusan
International Estates, Inc.
Buyer's Agent
Gigi Di Giovanni
International Estates, Inc.
List Price
$2,495,000
Sold Price
$1,730,000
Premium/Discount to List
-$765,000
-30.66%
Current Estimated Value
$2,855,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,125,270
Avg. Annual Appreciation
5.73%

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jan 9, 2017
Sold by
Stambaugh Andrew K and Stambaugh Janet R
Bought by
Liu Wei
Seller's Agent
Gayle Crusan
International Estates, Inc.
Buyer's Agent
Gigi Di Giovanni
International Estates, Inc.
List Price
$2,495,000
Sold Price
$1,730,000
Premium/Discount to List
-$765,000
-30.66%

Purchase Details

Closed on
Jun 9, 1997
Sold by
Copeland John E
Bought by
Stambaugh Andrew K and Stambaugh Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.98%

Purchase Details

Closed on
Oct 10, 1996
Sold by
Bay Pacific Development Inc
Bought by
Copeland John E

Purchase Details

Closed on
Apr 12, 1994
Sold by
Shaffi Laurie and Shaffi Frances
Bought by
Bay Pacific Development Inc and Bpd Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Wei -- Chicago Title Company
Liu Wei $1,730,000 Chicago Title Company
Stambaugh Andrew K $950,000 First American Title
Copeland John E $749,735 First American Title Co
Bay Pacific Development Inc $250,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stambaugh Andrew K $350,000
Previous Owner Bay Pacific Development Inc $350,000
Closed Bay Pacific Development Inc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $1,730,000 -13.0% $346 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $1,987,650 -11.6% $397 / Sq Ft
05/29/2016 05/29/16 Price Changed $2,249,000 -9.9% $449 / Sq Ft
01/15/2016 01/15/16 For Sale $2,495,000 -- $499 / 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 $21,106 $2,007,808 $522,260 $1,485,548
2024 $21,106 $1,968,440 $512,020 $1,456,420
2023 $20,892 $1,929,844 $501,981 $1,427,863
2022 $20,603 $1,892,005 $492,139 $1,399,866
2021 $20,302 $1,854,908 $482,490 $1,372,418
2020 $19,528 $1,835,889 $477,543 $1,358,346
2019 $20,512 $1,799,892 $468,180 $1,331,712
2018 $19,681 $1,764,600 $459,000 $1,305,600
2017 $13,970 $1,333,133 $385,902 $947,231
2016 $13,718 $1,306,994 $378,336 $928,658
2015 $13,519 $1,287,363 $372,654 $914,709
2014 $13,281 $1,262,147 $365,355 $896,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81546487

MLSListings

APN: 416-161-025-000