NOT LISTED FOR SALE

Estimated Value: $2,220,000 - $5,085,377

27.13 Acres
$157,753 Price per Acre
1,181,783 Sq Ft Lot

Last Sold September 04, 2019

Last sale price $3,500,000

Est. 22% increase in value since last sale

Current estimated payment $26,242/month

Highlights

  • Ocean View
  • 27.13 Acre Lot
  • Gentle Sloping Lot
  • Monterey High School Rated A
  • Secluded Lot

About This Lot

As of September 2019

As you approach the building envelope of this 27 acre lot via the oak-lined winding drive, the vast expanse that is Tehama is revealed and will magically unfold before you. This one of a kind homesite eclipses the others with its gorgeous cross valley and ocean views, spacious meadow building envelope that encompasses close to 3 acres and signature oak tree studded landscape. Located high on the hill overlooking the Tehama golf course, there are very few properties that compare. Purchase includes Social and Fitness membership to Tehama Golf Club.

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 09/04/2019

Sotheby’s International Realty

Last Buyer's Agent

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 09/04/2019

Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,607

Lot Details

  • 27.13 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Mostly Level

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Forest
  • Valley
  • Garden

Utilities

  • Gas Available at Street
  • Private Sewer

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area, maintenance - road, security service
  • Tehama Road Company Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$42,607

Lot Details

0

Listing Details

  • Zoning: RDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Final Map Approved, May Not Be Subdivided, Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City Lights, Forest / Woods, Garden / Greenbelt, Mountains, Ocean, Panoramic, Valley, Water

Utilities

  • Sewer/Septic System: Sewer - Private

Condo/Co-op/Association

  • HOA Fees: 415
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Tehama Road Company

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Private / Secluded, Views
  • Lot Acres: 27.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1181783.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1181783.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Cetotor Inc
Bought by
Peterson Bradley J and Peterson Kerry A
Current Estimated Value
$4,279,844

Purchase Details

Closed on
Oct 19, 2020
Sold by
Harvey Peter
Bought by
Cetotor Inc

Purchase Details

Listed on
Sep 4, 2019
Closed on
Aug 29, 2019
Sold by
Weh Holdings Llc
Bought by
Harvey Peter
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$3,700,000
Sold Price
$3,500,000
Premium/Discount to List
-$200,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,000,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Canada Woods Llc
Bought by
Weh Holdings Llc
Source: Public Records

Range of Values:

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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
Peterson Bradley J $3,750,000 Chicago Title Company
Cetotor Inc -- First American Title Company
Harvey Peter $3,500,000 First American Title Company
Weh Holdings Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvey Peter $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $3,500,000 -5.4% --
09/04/2019 09/04/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $3,700,000 -- --
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 $42,607 $4,059,120 $4,059,120 --
2024 $42,607 $3,979,530 $3,979,530 --
2023 $42,175 $3,901,500 $3,901,500 $0
2022 $41,593 $3,825,000 $3,825,000 --
2021 $38,650 $3,750,000 $3,750,000 $0
2020 $37,176 $3,500,000 $3,500,000 $0
2019 $33,008 $2,900,000 $2,900,000 $0
2018 $32,301 $2,900,000 $2,900,000 $0
2017 $29,435 $2,800,000 $2,800,000 $0
2016 $23,170 $2,200,000 $2,200,000 $0
2015 -- $2,200,000 $2,200,000 $0
2014 -- $2,200,000 $2,200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81767141

MLSListings

APN: 259-092-023-000