NOT LISTED FOR SALE

Estimated Value: $1,772,000 - $3,077,000

6 Beds
3.5 Baths
4,402 Sq Ft
$568/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $1,225,000 $278 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $14,014/month

241 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Deck
  • Monterey High School Rated A
  • 2.18 Acre Lot
  • Family Room with Fireplace

About This Home

As of October 2019

Forever views on top of the world with sunny space galore and ease of living home. This beautiful home is really like 2 homes in one. The long driveway leads you to this very private home. Enter into a spacious light filled solarium adjacent to the formal dining room, family room and chef's kitchen, convenient laundry and bathroom. Besides the main living area and 3 bedrooms on the main level, there are 3 more bedrooms with a large living area, pool table included, bathroom and a wet bar area with wood burning stove above the 3 car garage with it's own separate entrance. Perfect for a large family or a family retreat not to mention a wonderful potential for extra income if desired. The decks seem never ending and low maintenance yard is yet another plus. Your imagination on what to do with the space is all you need to consider. A rare find indeed in the sunbelt of Monterey!!!

Last Agent to Sell the Property

Joy Jacobs

KW Coastal Estates License #70003531 Listed on: 01/02/2019

KW Coastal Estates

Last Buyer's Agent

Lynda M. Ballin

Carmel Realty Company License #01452868

Carmel Realty Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 2.18 Acre Lot
  • Lot Sloped Down
  • Zoning described as R1

Parking

  • 3 Car Attached Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,402 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Solarium
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Outside Bathroom Access
  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, maintenance - road, management fee
  • Thelander Association
  • Built by Bay Ridge

Listing and Financial Details

  • Assessor Parcel Number 416-161-012-000

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

2.18 Acres

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4402
  • Complex Name: Bay Ridge
  • Year Built: 1986
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Free Standing
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Garbage Disposal, Microwave, Oven - Gas, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 4402
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Office Area, Solarium
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Primary - Oversized Tub, Primary - Stall Shower(s), Outside Access, Pass Through, Stall Shower - 2+, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Wood Frame
  • Roof: Tile
  • View: City Lights, Hills
  • Yard/Grounds: Balcony / Patio, BBQ Area, Deck
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 10
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Wet Bar

Condo/Co-op/Association

  • HOA Fees: 500
  • Association Fees Include: Common Area Electricity, Maintenance - Road, Management Fee
  • H O A Name Text: Thelander
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Parcel Number: 416-161-012-000
  • Lot Acres: 2.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 94961.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 94961.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Ballin Keith M and Ballin Lynda M
Bought by
Ballin Family Trust and Ballin
Current Estimated Value
$2,499,736

Purchase Details

Listed on
Jan 2, 2019
Closed on
Sep 18, 2019
Sold by
Corso James L and Corso Michele
Bought by
Ballin Keith M and Ballin Lynda M
Seller's Agent
Joy Jacobs
KW Coastal Estates
Buyer's Agent
Lynda M. Ballin
Carmel Realty Company
List Price
$1,468,000
Sold Price
$1,225,000
Premium/Discount to List
-$243,000
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$918,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Corso James L and Corso Michele
Bought by
Corso James L and Corso Michele

Purchase Details

Closed on
Aug 3, 1994
Sold by
Leonard Michael T and Leonard Diane J
Bought by
Corso James L and Corso Michele

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
5.75%
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
Ballin Family Trust -- None Listed On Document
Ballin Keith M $1,225,000 Old Republic Title Company
Corso James L -- --
Corso James L $446,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballin Keith M $918,750
Previous Owner Corso James L $350,000
Closed Corso James L $29,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $1,225,000 -11.2% $278 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $1,380,000 -3.4% $313 / Sq Ft
05/02/2019 05/02/19 Price Changed $1,428,000 -2.7% $324 / Sq Ft
01/02/2019 01/02/19 For Sale $1,468,000 -- $333 / 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 $14,096 $1,339,712 $437,456 $902,256
2024 $14,096 $1,313,444 $428,879 $884,565
2023 $13,953 $1,287,691 $420,470 $867,221
2022 $13,760 $1,262,443 $412,226 $850,217
2021 $13,559 $1,237,691 $404,144 $833,547
2020 $13,043 $1,225,000 $400,000 $825,000
2019 $9,186 $804,228 $301,130 $503,098
2018 $8,816 $788,460 $295,226 $493,234
2017 $8,159 $773,001 $289,438 $483,563
2016 $8,012 $757,845 $283,763 $474,082
2015 $7,897 $746,462 $279,501 $466,961
2014 $7,759 $731,840 $274,026 $457,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81734093

MLSListings

APN: 416-161-012-000

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