NOT LISTED FOR SALE

Estimated Value: $4,499,000 - $5,294,000

3 Beds
4 Baths
3,311 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $3,400,000 $1,027 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $28,519/month

114 Days on Market

Highlights

  • 0.46 Acre Lot
  • Fireplace in Primary Bedroom
  • Forced Air Heating System
  • Carmel River Elementary School Rated A+
  • 2 Car Detached Garage
  • Dining Area

About This Home

As of July 2020

A classic post adobe residence with Spanish tile roof conveniently located in the Estate area of sunny Hatton Fields. Sited on a private .45 acre knoll elevated above the road, the property showcases beautiful bird's-eye views of Point Lobos, the ocean, Carmel Mission and valley hills. Features an open floor plan with adobe walls, Saltillo tile floors, hand-made custom doors, beam-ceilings, and brick fireplace with seating area. The living room opens to a private front patio with sweeping ocean views and dramatic sunsets. There is a separate family room, a spacious ground floor master suite with romantic fireplace, and an upstairs office/den with dramatic elevated views. The sheltered interior courtyard has a granite fireplace and seating areas for entertaining and enjoying the outdoors. There is a 2-car garage and plans for a separate guesthouse with water credits. This home embodies the essence of early California hacienda/mission-style architecture. https://bit.ly/CBPrevPlan

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 01/20/2020

Coldwell Banker Realty

Last Buyer's Agent

Robert Fontecchio

Sotheby’s International Realty License #02030985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,319

Year Built

  • 1951

Lot Details

  • 0.46 Acre Lot
  • Southwest Facing Home

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Combination Foundation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,311 Sq Ft Home
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Outdoor Fireplace
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,319

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: MDR/2-D(CZ)
  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 3311
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Outside
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 3311
  • Fireplaces Min: 5
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Combination, Concrete Perimeter And Slab
  • Roof: Tile
  • Property Faces: Southwest

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking, Room For Oversized Vehicle

Utilities

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

Schools

  • School District: Carmel Unified
  • Elementary School: Carmel River Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 512
  • Middle School: 511

Lot Info

  • Lot Acres: 0.4568
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19900.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Jun 24, 2020
Sold by
Craig Patrick D and Craig Kathryn A
Bought by
Gallagher Gary and Lyons Jody
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Robert Fontecchio
Sotheby’s International Realty
List Price
$3,750,000
Sold Price
$3,400,000
Premium/Discount to List
-$350,000
-9.33%
Current Estimated Value
$4,797,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,397,188
Avg. Annual Appreciation
6.71%
Original Mortgage
$2,720,000
Outstanding Balance
$2,411,072
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,386,116

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jun 20, 2018
Sold by
Marasco Matthew J
Bought by
Craig Patrick D and Craig Kathryan A
Seller's Agent
Doug Steiny
Sotheby’s International Realty
Buyer's Agent
Merritt Ringer
Sotheby’s International Realty
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2017
Sold by
Marasco V Joseph
Bought by
Marasco Valentine Joseph and Valentine Joseph Marasco & Doris A Maras
Source: Public Records

Range of Values:

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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
Gallagher Gary $3,400,000 Chicago Title Company
Craig Patrick D $3,000,000 Chicago Title Co
Marasco Valentine Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Gary $2,720,000
Previous Owner Craig Patrick D $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2020 07/07/20 Sold $3,400,000 -8.0% $1,027 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
04/17/2020 04/17/20 Price Changed $3,695,000 -1.5% $1,116 / Sq Ft
01/20/2020 01/20/20 For Sale $3,750,000 +25.0% $1,133 / Sq Ft
07/05/2018 07/05/18 Sold $3,000,000 -14.2% $906 / Sq Ft View Prior Sale
04/24/2018 04/24/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $3,495,000 -- $1,056 / 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 $40,319 $3,879,167 $2,381,350 $1,497,817
2024 $40,319 $3,803,106 $2,334,657 $1,468,449
2023 $39,514 $3,732,360 $2,288,880 $1,443,480
2022 $37,028 $3,593,000 $2,244,000 $1,349,000
2021 $36,542 $3,400,000 $2,200,000 $1,200,000
2020 $32,670 $3,060,000 $1,938,000 $1,122,000
2019 $32,037 $3,000,000 $1,900,000 $1,100,000
2018 $8,725 $754,315 $257,371 $496,944
2017 $8,425 $739,525 $252,325 $487,200
2016 $8,247 $725,026 $247,378 $477,648
2015 $8,069 $714,137 $243,663 $470,474
2014 $7,930 $700,149 $238,890 $461,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779594

MLSListings

APN: 009-251-007-000