NOT LISTED FOR SALE

25873 Paseo Estribo Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $4,160,702 - $4,851,000

4 Beds
6 Baths
6,721 Sq Ft
$666/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $3,337,500 $497 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $27,484/month

69 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • 2.49 Acre Lot
  • Washington Elementary School Rated A-
  • Media Room
  • Fireplace in Primary Bedroom

About This Home

As of February 2019

This stunningly sophisticated home is sited perfectly for sweeping views of rolling hills & distant ocean by day & night city lights. Stone, granite, limestone & woods blend beautifully in this classically contemporary home designed by IDG. Completed in 2008 in gated Bay Ridge, this light filled home has seamless indoor outdoor living. From a black granite waterfall centered on the view to the artful fireplace between the living & dining room, this home offers countless beautiful moments & refined details. The kitchen & bar with Wolf, SubZero & Miele open to the family room with a full entertainment system. French doors open to an outdoor kitchen, heated dining, fireplace, garden & spa. The generous master suite has an entertainment system & exercise room. There are 4 bedrooms, 4 baths and 2 powder rooms. The lower level has a home theater, wet bar & a fire pit just outside, large guest room & wine cellar. This exceptional property is an opportunity not to be missed.

Last Agent to Sell the Property

Dave Terdy

David Lyng Real Estate License #01377803 Listed on: 11/16/2018

David Lyng Real Estate

Last Buyer's Agent

Darcy Maciel

Coldwell Banker Realty License #01466368

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 2.49 Acre Lot
  • Lot Sloped Down
  • Sprinklers on Timer

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • City Lights
  • Hills

Home Design

  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 6,721 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Entertainment System
  • Wired For Sound
  • High Ceiling
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Media Room
  • Den
  • Fire Sprinkler System
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Satellite Dish

Community Details

  • Association fees include maintenance - road
  • Bay Ridge Association
  • Built by Bay Ridge
  • The community has rules related to credit or board approval

Listing and Financial Details

  • Assessor Parcel Number 416-132-020-000

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

2.49 Acres

HOA Fees

$200 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Age - No Restrictions, Board / Park Approval, Neighborhood Approval
  • Listing Class: Residential
  • Structure Sq Ft: 6721
  • Complex Name: Bay Ridge
  • Year Built: 2008
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Dual See Thru, Family Room, Gas Burning, Living Room, Primary Bedroom, Outside, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island with Sink, Oven - Double, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 6721
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Den / Study / Office, Media / Home Theater, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Primary - Oversized Tub, Primary - Stall Shower(s), Stall Shower - 2+, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Slate
  • View: City Lights, Hills, Ocean, Water
  • Yard/Grounds: Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Radiant Floors
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Road
  • H O A Name Text: Bay Ridge
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Video / Audio System, Wet Bar

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Parcel Number: 416-132-020-000
  • Lot Acres: 2.4900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 108464.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 108464.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Apr 2, 2019
Sold by
Schmidt Herbert Bensen and Schmidt Colleen Ople
Bought by
Schmidt Herbert B and Schmidt Colleen D
Seller's Agent
Dave Terdy
David Lyng Real Estate
Buyer's Agent
Darcy Maciel
Coldwell Banker Realty
List Price
$3,850,000
Sold Price
$3,337,500
Premium/Discount to List
-$512,500
-13.31%
Current Estimated Value
$4,474,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,137,426
Avg. Annual Appreciation
4.23%
Original Mortgage
$2,335,900
Outstanding Balance
$2,053,671
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,421,255

Purchase Details

Listed on
Nov 16, 2018
Closed on
Feb 20, 2019
Sold by
Fellows Cynthia S
Bought by
Schmidt Herbert Benson and Schmidt Colleen Ople
Seller's Agent
Dave Terdy
David Lyng Real Estate
Buyer's Agent
Darcy Maciel
Coldwell Banker Realty
List Price
$3,850,000
Sold Price
$3,337,500
Premium/Discount to List
-$512,500
-13.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,335,900
Outstanding Balance
$2,053,671
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,421,255

Purchase Details

Closed on
Nov 1, 2018
Sold by
First Respublic Trust Company
Bought by
Fellows Cynthia S

Purchase Details

Closed on
Mar 4, 2016
Sold by
Wagstaff Robert H
Bought by
Wagstaff Robert H

Purchase Details

Closed on
Mar 23, 2012
Sold by
Engdall Clarence Theodore and Bliss Lucinda Ellen
Bought by
Wagstaff Robert H

Purchase Details

Closed on
Aug 13, 2003
Sold by
Diesel John P and Diesel Joy
Bought by
Engdall Clarence Theodore and Bliss Lucinda Ellen

Purchase Details

Closed on
Feb 3, 2000
Sold by
Lewis James and Lewis Sharon W
Bought by
Diesel John P and Diesel Joy
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
Schmidt Herbert B -- Chicago Title Salinas
Schmidt Herbert Benson $3,337,500 Chicago Title Co Salina
Fellows Cynthia S -- None Available
Wagstaff Robert H -- None Available
Wagstaff Robert H $3,150,000 First American Title Company
Engdall Clarence Theodore $550,000 Fidelity Title
Diesel John P -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Herbert B $2,335,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Sold $3,337,500 -13.3% $497 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $3,850,000 -- $573 / 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 $40,465 $3,723,041 $892,413 $2,830,628
2024 $40,465 $3,650,041 $874,915 $2,775,126
2023 $39,015 $3,578,472 $857,760 $2,720,712
2022 $39,306 $3,508,307 $840,942 $2,667,365
2021 $37,596 $3,439,517 $824,453 $2,615,064
2020 $36,774 $3,404,250 $816,000 $2,588,250
2019 $38,934 $3,546,846 $619,287 $2,927,559
2018 $38,111 $3,477,301 $607,145 $2,870,156
2017 $38,684 $3,409,120 $595,241 $2,813,879
2016 $37,513 $3,342,275 $583,570 $2,758,705
2015 $37,143 $3,292,072 $574,805 $2,717,267
2014 $35,905 $3,227,586 $563,546 $2,664,040
Source: Public Records

Agents Affiliated with this Home

  • Dave Terdy

    Seller's Agent in 2019

    Dave Terdy

    David Lyng Real Estate (Carmel offices)

    (831) 277-0640

    17 Total Sales

    Dave Terdy
    Section Image

  • D

    Buyer's Agent in 2019

    Darcy Maciel

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81731396

MLSListings

APN: 416-132-020-000

California Monterey County Monterey 93940 Laguna Seca/Ryan Ranch

25873 Paseo Estribo, Monterey, CA

Not Listed for Sale

Detached

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