NOT LISTED FOR SALE

Estimated Value: $2,537,000 - $2,972,000

0.09 Acre
$29,840,011 Price per Acre
3,999 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $2,000,000 $2,270 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,226/month

14 Days on Market

Highlights

  • Ocean View
  • Wood Fence
  • Level Lot
  • Carmel River Elementary School Rated A

About This Lot

As of March 2021

Best development opportunity in Carmel! Superb Carmel Point location. Adjacent to Golden Rectangle. Around the corner from, and within 200 yards of the white sands of Carmel beach, AND on a QUIET street: 14th Avenue between San Antonio and Carmelo! Develop for spec, or build your dream home By-the-Sea. Possible ocean peaks, filtered Point Lobos and Fish Ranch views: Buyer to verify. Current structure is a 95 year-old "tear down"; Kent Seavey Phase I Historic review report concludes it is not historic. Demo and rebuild or remodel. Buyer's choice. Plenty of water: 21+ FU's, consisting of existing, as well as Malpaso water. Sold "as is." Sellers will not make repairs. Buyer to agree to CAWD (Carmel Area Wastewater District) Transfer of Responsibility for sewer lateral inspection and repairs, if required.

Last Agent to Sell the Property

Suzanne Cole

Coldwell Banker Realty License #01304847 Listed on: 02/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Caitlin Darke

Compass License #01332161

Compass

Property Details

Property Type

  • Land

Lot Details

  • 3,999 Sq Ft Lot
  • Wood Fence
  • Level Lot

Property Views

  • Ocean Views

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: MDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Single Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00
  • Parcel Access: County Maintained Road, Paved Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 26, 2021
Sold by
Creede Frank Joseph and Divine Light Trust
Bought by
Bloom Gary L and Bloom Judy
Seller's Agent
Suzanne Cole
Coldwell Banker Realty
Buyer's Agent
Caitlin Darke
Compass
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%
Current Estimated Value
$2,739,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,313
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 24, 2021
Sold by
Creede Frank J
Bought by
Creede Frank Joseph and Creede Janice Rosalie
Seller's Agent
Suzanne Cole
Coldwell Banker Realty
Buyer's Agent
Caitlin Darke
Compass
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Creede Frank J
Bought by
Creede Frank Joseph and Creede Janice Rosalie

Purchase Details

Closed on
May 3, 2001
Sold by
Creede Frank J
Bought by
Creede Frank J

Purchase Details

Closed on
Jan 15, 1999
Sold by
Creede Frank J and Creede Mary E
Bought by
Creede Frank J and Creede Mary E
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
Bloom Gary L $2,000,000 Old Republic Title Company
Creede Frank Joseph -- Old Republic Title Company
Creede Frank Joseph -- None Available
Creede Frank J -- None Available
Creede Frank J -- --
Creede Frank J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $2,000,000 -8.9% $2,270 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $2,195,000 -- $2,491 / 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 $22,987 $2,164,863 $2,110,742 $54,121
2024 $22,987 $2,122,415 $2,069,355 $53,060
2023 $22,912 $2,080,800 $2,028,780 $52,020
2022 $22,243 $2,040,000 $1,989,000 $51,000
2021 $3,921 $2,000,000 $1,950,000 $50,000
2020 $3,831 $279,646 $185,642 $94,004
2019 $3,749 $274,163 $182,002 $92,161
2018 $3,640 $268,788 $178,434 $90,354
2017 $3,517 $263,519 $174,936 $88,583
2016 $2,770 $258,353 $171,506 $86,847
2015 $2,732 $254,473 $168,930 $85,543
2014 $2,704 $249,489 $165,621 $83,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81828032

MLSListings

APN: 009-401-003-000