NOT LISTED FOR SALE

Estimated Value: $2,799,000 - $3,921,000

5 Beds
6 Baths
5,719 Sq Ft
$578/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $2,850,000 $498 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $20,342/month

140 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Washington Elementary School Rated A-
  • 3.75 Acre Lot
  • Secluded Lot

About This Home

As of February 2022

Majestic, spacious, private, and secure are words I would use to describe this Bay Ridge French country styled home perched up high with expansive views of Monterey Bay, the Salinas Valley and the surrounding mountains. Expertly sited on 3.75 acres by local award-winning architect Eric Miller this gated estate boasts over 5700 square feet of living space including 5 bedrooms, 4 full/2 half bathrooms and an additional 1168 sq ft of outdoor patios including a 674 square foot grand terrace. Inside you are treated to dramatic 18' ceilings with crown molding in the living room and dining room, a soaring 2 story entry with a custom chandelier, a spacious master suite on the main level of the home and tons of natural light bathing the interior. Whether it is an intimate view of the impeccably landscaped grounds, a view of the city lights of Salinas, or the dramatic views of the valley and bay, every room has its own scene outside the window. This estate is something you must see in person.

Last Agent to Sell the Property

Monterey Peninsula Home Team

KW Coastal Estates License #70000352 Listed on: 08/27/2021

KW Coastal Estates

Last Buyer's Agent

Stephanie park

Sotheby’s International Realty License #00634519

Home Details

Home Type

  • Single Family

Year Built

  • 1993

Lot Details

  • 3.75 Acre Lot
  • South Facing Home
  • Secluded Lot
  • Lot Sloped Down
  • Sprinkler System
  • Back Yard Fenced

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay
  • City Lights
  • Golf Course
  • Mountain
  • Hills
  • Courtyard

Home Design

  • French Architecture
  • Ceiling Insulation
  • Floor Insulation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,719 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Crawl Space
  • Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Propane
  • Septic Tank

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Community Details

  • Association fees include landscaping / gardening, maintenance - road, management fee
  • Bay Ridge Association

Home Details

Home Type

Single Family

Year Built

1993

Lot Details

3.75 Acres

HOA Fees

$220 per month

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: French
  • Restrictions: Age - No Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 5719
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area In Family Room, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Double, Oven - Electric, Oven Range - Built-In, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5719
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum, Wood
  • Additional Rooms: Attic, Formal Entry, Laundry Room, Mud Room, Office Area
  • Fireplaces Min: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Stall Shower(s), Primary - Tub With Jets, Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • View: Bay, City Lights, Court, Golf Course, Hills, Mountains, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Fenced, Fenced Back, Gate
  • Property Faces: South
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air, Heating - 2+ Zones, Propane
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • Complex Name: Bay Ridge
  • HOA Fees: 220
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Landscaping / Gardening, Maintenance - Road, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Bay Ridge

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling, Walk-In Closet, Wet Bar

Lot Info

  • Lot Description: Corners Marked - No, Grade - Gently Sloped, Grade - Sloped Down, Private / Secluded, Views
  • Lot Acres: 3.7500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 163350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 163350.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Floor, Walls Insulated

Multi Family

  • Utilities: Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Feb 10, 2022
Sold by
Aggarwal Trust and Aggarwal Shephen K
Bought by
Fountain Teresa and Lawrence Todd
Seller's Agent
Monterey Peninsula Home Team
KW Coastal Estates
Buyer's Agent
Stephanie park
Sotheby’s International Realty
List Price
$3,400,000
Sold Price
$2,850,000
Premium/Discount to List
-$550,000
-16.18%
Current Estimated Value
$3,306,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,908
Avg. Annual Appreciation
3.68%
Original Mortgage
$1,999,999
Outstanding Balance
$1,585,244
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,721,664

Purchase Details

Closed on
Jan 18, 2021
Sold by
Aggrawl Kamal K and Aggrawl Paul C
Bought by
Aggrawl Stephen K and Aggrawl Davinder K

Purchase Details

Closed on
Jun 26, 2002
Sold by
Aggarwal Kamal K and Aggarwal Shirley F
Bought by
Aggarwal Kamal and Aggarwal Shirley

Purchase Details

Closed on
Oct 20, 1999
Sold by
Alldrin Merle R and Alldrin Rachel P
Bought by
Aggarwal Kamal K and Aggarwal Shirley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.25%

Purchase Details

Closed on
Jan 6, 1995
Sold by
Cpb 22
Bought by
Alldrin Merle R and Alldrin Rachel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,000
Interest Rate
8.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fountain Teresa $2,850,000 Chicago Title
Aggrawl Stephen K -- None Available
Aggarwal Kamal K -- None Available
Aggarwal Stephen K -- None Available
Aggarwal Kamal K -- None Available
Aggarwal Kamal -- --
Aggarwal Kamal K $1,560,000 Chicago Title Co
Alldrin Merle R $1,111,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountain Teresa $1,999,999
Previous Owner Aggarwal Kamal K $600,000
Previous Owner Alldrin Merle R $711,000
Closed Aggarwal Kamal K $406,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $2,850,000 -9.5% $498 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
12/30/2021 12/30/21 Price Changed $3,150,000 -7.4% $551 / Sq Ft
08/27/2021 08/27/21 For Sale $3,400,000 -- $595 / 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 $29,424 $2,713,793 $814,137 $1,899,656
2024 $29,424 $2,660,582 $798,174 $1,862,408
2023 $28,368 $2,608,415 $782,524 $1,825,891
2022 $25,321 $2,557,271 $767,181 $1,790,090
2021 $24,220 $2,215,090 $1,327,639 $887,451
2020 $23,690 $2,192,378 $1,314,026 $878,352
2019 $23,601 $2,149,391 $1,288,261 $861,130
2018 $23,103 $2,107,247 $1,263,001 $844,246
2017 $23,450 $2,065,930 $1,238,237 $827,693
2016 $22,740 $2,025,422 $1,213,958 $811,464
2015 $22,516 $1,995,000 $1,195,724 $799,276
2014 $21,766 $1,955,922 $1,172,302 $783,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81860312

MLSListings

APN: 416-132-012-000

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