NOT LISTED FOR SALE

Estimated Value: $5,141,000 - $6,804,000

3 Beds
3 Baths
3,274 Sq Ft
$1,831/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $4,075,000 $1,245 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $35,437/month

98 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Radiant Floor
  • Carmel River Elementary School Rated A
  • Vaulted Ceiling
  • Spanish Architecture

About This Home

As of March 2020

OCEAN VIEWS! Available for the 1st time in 44 years this classic Spanish estate boasts vast ocean views, spacious living quarters, on a double sized lot in the coveted "Carmel Point" in Carmel. Relish the pleasures of a private setting, amidst the fresh scents of the whispering Cypress trees, while enjoying the drama of the waves tumbling upon the ocean shoreline. This estate showcases beautiful outdoor living vignettes, that offer a tranquil setting to relax while enjoying the sights & sounds of nature. The expansive south facing courtyard offers shelter & sunshine, a perfect venue when entertaining family & friends. Architecturally dramatic with a grand Saltillo tile foyer, white-washed wood finishes, impressive Carmel stone fireplace & so much more! Special features: gigantic upper level master suite with panoramic ocean views, fireplace & outdoor veranda to sip wine & watch the sunsets over the Pacific. 2 additional bedroom suites, formal dining, gourmet kitchen & 2-car garage.

Last Agent to Sell the Property

Nicole Truszkowski

Sotheby’s International Realty License #01240204 Listed on: 10/17/2019

Sotheby’s International Realty

Last Buyer's Agent

Kathryn Picetti

Sotheby’s International Realty License #01304078

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Lot Details

  • 8,655 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Shake Roof
  • Concrete Perimeter Foundation
  • Masonry
  • Stucco

Interior Spaces

  • 3,274 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Entry
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Bay Views
  • Crawl Space
  • Alarm System

Kitchen

  • Built-In Double Oven
  • Electric Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Outdoor Features

  • Balcony

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

8,655 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: MDR/2-D(18)(CZ)
  • Subclass: Single Family Home
  • Style: Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 3274
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Laminate, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Oven - Built-In, Oven - Double, Oven - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3274
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, More Than One Primary Bedroom
  • Laundry: Tub / Sink
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shake
  • View: Bay
  • Yard/Grounds: Balcony / Patio, Courtyard, Drought Tolerant Plants, Fenced, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Masonry, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Heating System: Radiant, Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Level, Views
  • Lot Acres: 0.1987
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8655.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8655.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Farina William and Farina Susan P
Bought by
Farina Living Trust and Farina
Current Estimated Value
$5,995,385

Purchase Details

Listed on
Oct 17, 2019
Closed on
Mar 11, 2020
Sold by
Wells Fargo Bank Na
Bought by
Farina William and Farina Susan P
Seller's Agent
Nicole Truszkowski
Sotheby’s International Realty
Buyer's Agent
Kathryn Picetti
Sotheby’s International Realty
List Price
$4,750,000
Sold Price
$4,075,000
Premium/Discount to List
-$675,000
-14.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$2,600,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2019
Sold by
Wells Fargo Bank Na
Bought by
Ringer Merritt G and Salzman Kristin R

Purchase Details

Closed on
Feb 11, 2016
Sold by
Ringer Merritt G and Ringer Merritt
Bought by
Ringer Merritt G

Purchase Details

Closed on
Mar 15, 1994
Sold by
Ringer Linda
Bought by
Ringer Merritt G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.87%
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
Farina Living Trust -- None Listed On Document
Farina William $4,075,000 Chicago Title Company
Ringer Merritt G -- None Available
Ringer Merritt G -- None Available
Ringer Merritt G -- None Available
Ringer Merritt G -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farina William $2,600,000
Previous Owner Ringer Merritt G $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $4,075,000 -4.1% $1,245 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/13/2020 01/13/20 Price Changed $4,250,000 -10.5% $1,298 / Sq Ft
10/17/2019 10/17/19 For Sale $4,750,000 -- $1,451 / 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 $50,910 $4,914,119 $3,062,207 $1,851,912
2024 $50,910 $4,817,764 $3,002,164 $1,815,600
2023 $44,230 $4,723,299 $2,943,299 $1,780,000
2022 $36,927 $4,045,588 $2,885,588 $1,160,000
2021 $44,133 $3,394,008 $2,829,008 $565,000
2020 $4,333 $322,578 $98,519 $224,059
2019 $4,243 $316,254 $96,588 $219,666
2018 $4,125 $310,054 $94,695 $215,359
2017 $3,993 $303,976 $92,839 $211,137
2016 $3,887 $298,017 $91,019 $206,998
2015 $3,771 $293,541 $89,652 $203,889
2014 $3,678 $287,792 $87,896 $199,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81772837

MLSListings

APN: 009-431-026-000

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