NOT LISTED FOR SALE

Estimated Value: $3,069,000 - $4,217,000

4 Beds
2.5 Baths
1,797 Sq Ft
$2,062/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $1,850,000 $1,029 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $21,525/month

121 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Beamed Ceilings
  • Carmel River Elementary School Rated A+
  • Den
  • Balcony

About This Home

As of October 2016

Stroll to the beach from this exceptional Carmel Point location. This Mid Century modern architecture was designed in the minimalist tradition by Tom Elston, noted Frank Lloyd Wright collaborator. A reverse floor plan creates a tree top sanctuary full of light and surrounded by decks. The interiors and exteriors are rare clear heart redwood which add a rich luster and warm environment. The over-sized lot affords indoor-outdoor living.

Last Agent to Sell the Property

Ben Heinrich

Coldwell Banker Realty License #00584641 Listed on: 05/26/2016

Coldwell Banker Realty

Last Buyer's Agent

Ben Heinrich

Coldwell Banker Realty License #00584641 Listed on: 05/26/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,074

Year Built

  • Built in 1948

Lot Details

  • 5,706 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 1 Carport Space

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,797 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 009-395-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,074

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1797
  • Year Built: 1948
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Oven - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1797
  • Stories: 2
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room, Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

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 Description: Grade - Level
  • Parcel Number: 009-395-003-000
  • Lot Acres: 0.1310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5702.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5702.00

Multi Family

  • Utilities: 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

Closed on
Jun 14, 2017
Sold by
Bailey Jeffrey L and Bailey Ruth C
Bought by
Bailey Jeffrey L and Bailey Ruth C
Current Estimated Value
$3,705,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,043,723
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,661,992

Purchase Details

Listed on
May 26, 2016
Closed on
Dec 22, 2016
Sold by
Bailey Jeff and Bailey Ruth
Bought by
Bailey Jeffrey L and Bailey Ruth C
Seller's Agent
Ben Heinrich
Coldwell Banker Realty
Buyer's Agent
Ben Heinrich
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Listed on
May 26, 2016
Closed on
Oct 18, 2016
Sold by
Evans Tweed Champe and Talbot Leslie Champe
Bought by
Bailey Jeff and Bailey Ruth
Seller's Agent
Ben Heinrich
Coldwell Banker Realty
Buyer's Agent
Ben Heinrich
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.44%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 26, 2016
Closed on
Oct 11, 2016
Sold by
Talbot William H
Bought by
Talbot Leslie Champe
Seller's Agent
Ben Heinrich
Coldwell Banker Realty
Buyer's Agent
Ben Heinrich
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 2007
Sold by
Evans Tweed Champe and Talbot Leslie Champe
Bought by
Evans Tweed Champe and Talbot Leslie Champe

Purchase Details

Closed on
Mar 14, 2001
Sold by
Champe Mary Alice Ley
Bought by
Revocabl Champe Mary Alice Ley and Revocabl Mary Alice Ley Champe

Purchase Details

Closed on
Nov 22, 1995
Sold by
Raggett Jon D and Raggett Victoria Campion
Bought by
Raggett Jon D and Raggett Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.51%

Purchase Details

Closed on
Aug 15, 1994
Sold by
Raggett Jon D and Raggett Victoria Campion
Bought by
Raggett Jon D and Raggett Victoria Campion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.73%
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
Bailey Jeffrey L -- Wfg National Title
Bailey Jeffrey L -- None Available
Bailey Jeff $1,850,000 Old Republic Title Company
Talbot Leslie Champe -- Old Republic Title Company
Evans Tweed Champe -- Old Republic Title Company
Evans Tweed Champe -- None Available
Revocabl Champe Mary Alice Ley -- --
Raggett Jon D -- Old Republic Title Company
Raggett Jon D -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Jeffrey L $1,260,000
Closed Bailey Jeff $1,260,000
Previous Owner Raggett Jon D $315,000
Previous Owner Raggett Jon D $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $1,850,000 -2.6% $1,029 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
07/25/2016 07/25/16 Price Changed $1,900,000 -5.0% $1,057 / Sq Ft
05/26/2016 05/26/16 For Sale $2,000,000 -- $1,113 / 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 $25,074 $2,371,031 $1,450,730 $920,301
2024 $25,074 $2,324,541 $1,422,285 $902,256
2023 $24,949 $2,278,963 $1,394,398 $884,565
2022 $24,212 $2,234,278 $1,367,057 $867,221
2021 $23,853 $2,190,469 $1,340,252 $850,217
2020 $23,338 $2,168,010 $1,326,510 $841,500
2019 $22,519 $2,090,500 $1,300,500 $790,000
2018 $17,034 $1,565,000 $1,275,000 $290,000
2017 $19,903 $1,850,000 $1,000,000 $850,000
2016 $1,687 $96,409 $42,579 $53,830
2015 $1,600 $94,962 $41,940 $53,022
2014 $1,529 $93,103 $41,119 $51,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81587573

MLSListings

APN: 009-395-003-000