NOT LISTED FOR SALE

Estimated Value: $5,000,343 - $6,011,000

4 Beds
5 Baths
4,173 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $5,050,000 $1,210 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $32,554/month

5 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Formal Dining Room
  • Carmel River Elementary School Rated A
  • 0.69 Acre Lot
  • 2 Car Detached Garage

About This Home

As of June 2022

Available on the market for the first time in nearly 40 years, this nearly 1 acre, oak tree studded lot hosts a 4,000+ sq. ft. quintessential Carmel Cottage estate. The home highlights a multitude of windows allowing natural light to pour in from all rooms. The interior's unique architectural style features soaring, open-beam ceilings, hardwood flooring throughout, and beautifully arched doors and windows showcasing sweeping views of Carmel's iconic, forested hills, Point Lobos, and beyond. The state of the art, temperature-controlled wine cellar accommodates 2000+ bottles and is the ultimate wine aficionado's retreat. Other features include: a detached guest suite, 2 car garage, gated driveway, hardwired generator, Tesla charging station and lots of storage. Best of all, this property connects directly with Mission Trail Park so you walk to downtown Carmel by the Sea within minutes. Enjoy a downtown Carmel lifestyle with views, square footage and privacy that's hard to find!

Last Agent to Sell the Property

Pete Ruiz

KW Coastal Estates License #70010112 Listed on: 06/03/2022

KW Coastal Estates

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • 1924

Lot Details

  • 0.69

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,173 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 0.69 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

0.69 Acres

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4173
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 4173
  • Stories: 2
  • Additional Rooms: Wine Cellar / Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 5
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • View: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.6910
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30100.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Richard And Lynne Cosyns Living Trust and Cosyns Lynne M
Bought by
Richard And Lynne Cosyns Living Trust and Cosyns
Current Estimated Value
$5,438,781

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 20, 2022
Sold by
Ted And Susan Ardell Revocable Trust
Bought by
Richard And Lynne Cosyns Living Trust
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
RECIP
Out of Area Office
List Price
$4,495,000
Sold Price
$5,050,000
Premium/Discount to List
$555,000
12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Oct 10, 2018
Sold by
Cardeiro Philip H and The Don R Cardeiro Revocable T
Bought by
Cardeiro Marilyn and The Marilyn Carderio Revocable

Purchase Details

Closed on
Oct 3, 2000
Sold by
Ardell John E and Ardell Susan R
Bought by
Ardell John E and Ardell Susan R

Purchase Details

Closed on
Nov 29, 1993
Sold by
Ardell John E and Ardell Susan R
Bought by
Ardell John E and Ardell Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.74%
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
Richard And Lynne Cosyns Living Trust -- None Listed On Document
Richard And Lynne Cosyns Living Trust $5,050,000 Chicago Title
Cardeiro Marilyn -- None Available
Ardell John E -- --
Ardell John E -- Old Republic Title Company
Ardell John E -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ardell John E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $5,050,000 +12.3% $1,210 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $4,495,000 -- $1,077 / 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 $55,422 $5,359,099 $2,759,140 $2,599,959
2024 $55,422 $5,254,020 $2,705,040 $2,548,980
2023 $55,236 $5,151,000 $2,652,000 $2,499,000
2022 $13,055 $5,050,000 $2,600,000 $2,450,000
2021 $12,807 $1,133,354 $563,431 $569,923
2020 $12,528 $1,121,734 $557,654 $564,080
2019 $12,279 $1,099,740 $546,720 $553,020
2018 $12,010 $1,078,177 $536,000 $542,177
2017 $11,714 $1,057,038 $525,491 $531,547
2016 $11,483 $1,036,313 $515,188 $521,125
2015 $11,261 $1,020,748 $507,450 $513,298
2014 $11,089 $1,000,754 $497,510 $503,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81894706

MLSListings

APN: 009-202-032-000

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