NOT LISTED FOR SALE

255 Highway 1 Carmel, CA 93923

Carmel Highlands Neighborhood

Estimated Value: $2,450,000 - $4,396,752

1 Bed
1 Bath
900 Sq Ft
$3,731/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $1,175,000 $1,306 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $18,710/month

10 Days on Market

Highlights

  • Marble Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Carmel River Elementary School Rated A
  • Wood Burning Fireplace

About This Home

As of August 2016

IDEAL GET-A-WAY! Frank Lloyd Wright inspired COVE COTTAGE is located minutes from Carmel on the west side of Highway One near the Highlands Inn. It is an ideal get-a-way that looks out on Dragon Cove and is immersed in the sometimes violent, sometimes sublime rhythm of the sea. Its warm and embracing great room, oak, matching tile and marble floors, wormy chestnut walls, floor to ceiling windows and Carmel stone fireplace offer a renewing retreat and creates a partnership with nature's grandeur.

Last Agent to Sell the Property

Paul Hollingsworth

Coldwell Banker Realty License #01381267 Listed on: 07/11/2016

Coldwell Banker Realty

Last Buyer's Agent

Alain Pinel

Coldwell Banker Res. R.E. Svcs License #00583862

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.86 Acre Lot
  • Zoning described as R1C

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Flooring

  • Wood
  • Carpet
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 241-182-020-000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0.86 Acres

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 900
  • Year Built: 1960
  • Zoning Description: R1C
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 900
  • Stories: 1
  • Flooring: Carpet, Hardwood, Marble, Slate
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shake

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Parcel Number: 241-182-020-000
  • Lot Acres: 0.8600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 37462.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 37462.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Cortopassi Heide S and Heide S Cortopassi Living Trus
Bought by
Cortopassi Heide S and Hsc Qualified Personal Residen
Current Estimated Value
$3,358,188

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 16, 2016
Sold by
Thompson Richard L and The James J Thompson Living Tr
Bought by
Cortopassi Heide S and The Heide S Cortopassi Living
Seller's Agent
Paul Hollingsworth
Coldwell Banker Realty
Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs
List Price
$1,350,000
Sold Price
$1,175,000
Premium/Discount to List
-$175,000
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jul 22, 2016
Sold by
Thompson James J
Bought by
The James Thompson Living Trust
Seller's Agent
Paul Hollingsworth
Coldwell Banker Realty
Buyer's Agent
Alain Pinel
Coldwell Banker Res. R.E. Svcs
List Price
$1,350,000
Sold Price
$1,175,000
Premium/Discount to List
-$175,000
-12.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cortopassi Heide S -- None Available
Cortopassi Heide S $1,175,000 First American Title Company
The James Thompson Living Trust -- First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $1,175,000 -13.0% $1,306 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $1,350,000 -- $1,500 / 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 $14,843 $2,747,627 $1,247,627 $1,500,000
2024 $14,843 $2,723,164 $1,223,164 $1,500,000
2023 $14,810 $1,310,731 $1,199,181 $111,550
2022 $14,408 $1,285,031 $1,175,668 $109,363
2021 $14,147 $1,259,835 $1,152,616 $107,219
2020 $13,840 $1,246,918 $1,140,798 $106,120
2019 $13,566 $1,222,470 $1,118,430 $104,040
2018 $13,273 $1,198,500 $1,096,500 $102,000
2017 $12,248 $1,175,000 $1,075,000 $100,000
2016 $1,306 $118,233 $74,657 $43,576
2015 $1,288 $116,458 $73,536 $42,922
2014 $1,275 $114,178 $72,096 $42,082
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paul Hollingsworth

    Coldwell Banker Realty

    Section Image

  • A

    Buyer's Agent in 2016

    Alain Pinel

    Coldwell Banker Res. R.E. Svcs

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Map

Source: MLSListings

MLS Number: ML81594630

MLSListings

APN: 241-182-020-000

California Monterey County Carmel 93923 Carmel Highlands

255 Highway 1, Carmel, CA

Not Listed for Sale

Detached

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