NOT LISTED FOR SALE

Estimated Value: $3,976,000 - $5,190,000

4 Beds
3 Baths
3,331 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $2,675,000 $803 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $26,709/month

441 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Vaulted Ceiling
  • Carmel River Elementary School Rated A
  • Deck
  • Jetted Soaking Tub in Primary Bathroom

About This Home

As of March 2019

Don't miss wonderful estate on the coveted Carmel Point. Privately set behind a gated entrance, on an over-sized lot, the home has excellent proximity to both Carmel beaches and an easy walk to downtown Carmel. Remodeled by master builder Al Saroyan, there are numerous designer amenities: 2 master suites (one on the main level), a spacious dining room and separate breakfast dining room, custom built-in cabinetry, 4 fireplaces, vaulted and beamed ceilings, not to mention, gorgeous hardwood floors; the home is of highest quality. The home goes an extra step with an elevator and back-up generator, plus a rarely found 2-car garage and extra parking on the paved driveway. The outdoor entertaining area is located on the southwest side of the property, capturing wonderful sunshine all day long. At night, the built-in fire pit will keep you warm under the stars. To find over 3200 sq ft, 4bds and still be walking distance to beaches, is a rare offering in Carmel! Come see for yourself.

Last Agent to Sell the Property

Bambace Peterson

Compass License #70010145 Listed on: 12/06/2017

Compass

Last Buyer's Agent

Bambace Peterson

Compass License #70010145 Listed on: 12/06/2017

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 5,998 Sq Ft Lot
  • West Facing Home
  • Back and Front Yard Fenced
  • Lot Sloped Down
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Mountain
  • Valley
  • Neighborhood

Home Design

  • Tudor Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,331 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • 4 Fireplaces
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Mud Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Crawl Space

Kitchen

  • Gas Oven
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Alarm System

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Outdoor Kitchen

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 009-396-008-000

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Listing Class: Residential
  • Structure Sq Ft: 3331
  • Year Built: 1972
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Gas, Skylight, Wine Refrigerator
  • Living Sq Ft: 3331
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Mud Room
  • Fireplaces Min: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Granite, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Showers over Tubs - 2+, Stall Shower - 2+, Steam Shower, Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Tile
  • View: Mountains, Neighborhood, Valley
  • Yard/Grounds: Balcony / Patio, Courtyard, Deck, Fenced, Outdoor Fireplace, Outdoor Kitchen
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate, Wood
  • Property Faces: West
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Workshop in Garage

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Video / Audio System, Walk-in Closet

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 009-396-008-000
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified
  • Elementary School Text: Carmel River Elementary
  • High School Text: Carmel High
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Mar 8, 2019
Sold by
Epstein Ronald
Bought by
Mcgrath Michael W and Mcgrath Laurie A
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
Bambace Peterson
Compass
List Price
$2,758,888
Sold Price
$2,675,000
Premium/Discount to List
-$83,888
-3.04%
Current Estimated Value
$4,613,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,938,446
Avg. Annual Appreciation
8.38%
Original Mortgage
$1,337,500
Outstanding Balance
$1,146,846
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,466,600

Purchase Details

Closed on
Jul 1, 2016
Sold by
Leedy Glenn
Bought by
Leedy Glenn and Glenn Leedy Revocable Trust

Purchase Details

Closed on
Jun 11, 2012
Sold by
Leedy Glenn and Leedy Julia
Bought by
Leedy Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2010
Sold by
Klitten Martin R and Klitten Gail E
Bought by
Leedy Glenn and Leedy Julia

Purchase Details

Closed on
Mar 27, 2001
Sold by
Gelzer Carolyn M and The Carolyn M Gelzer 1993 Trus
Bought by
Klitten Martin R and Klitten Gail E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 22, 1999
Sold by
Nystrom Marjorie
Bought by
Gelzer Carolyn M and Carolyn M Gelzer 1993 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgrath Michael W $2,675,000 First American Title Company
Leedy Glenn -- None Available
Leedy Glenn -- Stewart Title Of California
Leedy Glenn -- First American Title Company
Klitten Martin R $980,000 First American Title
Gelzer Carolyn M $902,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Michael W $1,337,500
Previous Owner Leedy Glenn $900,000
Previous Owner Klitten Martin R $830,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $2,675,000 -3.0% $803 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $2,758,888 0.0% $828 / Sq Ft
02/01/2019 02/01/19 Price Changed $2,758,888 -7.7% $828 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
10/11/2018 10/11/18 Price Changed $2,988,888 -5.1% $897 / Sq Ft
09/25/2018 09/25/18 Price Changed $3,150,000 -7.3% $946 / Sq Ft
08/02/2018 08/02/18 Price Changed $3,398,000 -10.6% $1,020 / Sq Ft
12/06/2017 12/06/17 For Sale $3,799,000 -- $1,140 / 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 $31,307 $2,984,008 $2,007,932 $976,076
2024 $31,307 $2,925,499 $1,968,561 $956,938
2023 $31,246 $2,868,137 $1,929,962 $938,175
2022 $30,304 $2,811,900 $1,892,120 $919,780
2021 $29,887 $2,756,766 $1,855,020 $901,746
2020 $29,244 $2,728,500 $1,836,000 $892,500
2019 $35,767 $3,359,369 $2,009,879 $1,349,490
2018 $35,061 $3,293,500 $1,970,470 $1,323,030
2017 $32,260 $3,033,000 $1,815,000 $1,218,000
2016 $31,908 $2,993,000 $1,791,000 $1,202,000
2015 $28,561 $2,920,000 $1,747,000 $1,173,000
2014 $26,504 $2,460,000 $1,472,000 $988,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81711716

MLSListings

APN: 009-396-008-000