NOT LISTED FOR SALE

Estimated Value: $4,485,000 - $5,644,627

3 Beds
4 Baths
1,825 Sq Ft
$2,834/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $3,888,000 $2,130 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $30,688/month

4 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Carmel River Elementary School Rated A
  • Living Room with Fireplace
  • Mediterranean Architecture

About This Home

As of August 2020

Beauty surrounds and permeates this tranquil and inviting home by the sea, located on a private residential street in coveted Carmel Point. It is well situated, convenient to 3 beaches, with the stunning Carmel River State Beach 3 houses away. Majestic views of Point Lobos and the dramatic Pacific coastline entrance as you relax and are lulled by the sounds of the ocean. Watch for pods of whales, squadrons of pelicans; toast golden sunsets. Sit on the sunny main deck or meditate in the secret garden. The cheerful living room and flowing floor plan beckon one back in via French doors from the large outdoor deck. Entertain from the recently updated kitchen. At day's end, retire to one of three bedrooms, each with ocean views and access to outdoor decks. Three full bathrooms are upstairs and one downstairs. The 4700 sq ft lot has low maintenance gardens, an attached two car garage, and generous storage. Come for rejuvenating weekends or enjoy this lovely home as a full-time residence.

Last Agent to Sell the Property

Marcia Bowhay

Sotheby’s International Realty License #70033877 Listed on: 06/26/2020

Sotheby’s International Realty

Last Buyer's Agent

Chris Babalis

Monterey Coast Realty License #01999982

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,700 Sq Ft Lot
  • East Facing Home
  • Lot Sloped Down
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • Ridge
  • Mountain
  • Hills
  • Valley
  • Garden

Home Design

  • Mediterranean Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Wood Frame Construction
  • Tile Roof
  • Quake Bracing
  • Stucco

Interior Spaces

  • 1,825 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Bay Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Crawl Space

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Alarm System
  • Panic Alarm
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-442-008

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 1825
  • Incorporated: Yes
  • Year Built: 1940
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Log, Living Room, Outside, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1825
  • Stories: 2
  • Security: Fire Alarm, Panic Alarm, Security Alarm
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, Inside, Washer / Dryer
  • Flooring: Hardwood, Stone, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space, Foundation Pillars, Pillars / Posts / Piers, Quake Bracing, Raised, Wood Frame
  • Roof: Tile
  • View: Bay, Garden / Greenbelt, Hills, Mountains, Ocean, Ridge, Valley, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Drought Tolerant Plants, Fenced, Low Maintenance, Outdoor Fireplace, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Fenced Back, Gate, Wood
  • Property Faces: East
  • Construction Type: Stucco, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 009-442-008
  • Lot Acres: 0.1079
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4700.00

Green Features

  • Energy Features: Energy Star Appliances, Energy Star HVAC, Low Flow Shower, Low Flow Toilet, Skylight, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, 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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 24, 2020
Sold by
Lipshutz Robert and Wong Nancy L
Bought by
Piazzesi Monika and Schneider Klaus M
Seller's Agent
Marcia Bowhay
Sotheby’s International Realty
Buyer's Agent
Chris Babalis
Monterey Coast Realty
List Price
$3,488,000
Sold Price
$3,888,000
Premium/Discount to List
$400,000
11.47%
Current Estimated Value
$5,171,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,283,657
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,999,000
Outstanding Balance
$1,772,581
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,399,076

Purchase Details

Closed on
May 1, 2020
Sold by
Lipshutz Robert and Wong Nancy L
Bought by
Lipshutz Robert J and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2020
Sold by
Lipshutz Robert J and Wong Nancy L
Bought by
Lipshutz Robert and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2013
Sold by
Lipshutz Robert and Wong Nancy L
Bought by
Lipshutz Robert and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Lipshutz Robert and Wong Nancy L
Bought by
Lipshutz Robert and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Sold by
Lipshutz Robert J and Wong Nancy L
Bought by
Lipshutz Robert and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2001
Sold by
Lipshutz Robert and Wong Nancy L
Bought by
Lipshutz Robert and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Solak Joan and The Joan Solak Living Trust
Bought by
Lipshutz Robert J and Wong Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.37%
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
Piazzesi Monika $3,888,000 Chicago Title Company
Lipshutz Robert J -- Fidelity National Title Co
Lipshutz Robert -- Fidelity National Title Co
Lipshutz Robert -- Fidelity National Title Co
Lipshutz Robert -- Fidelity National Title Co
Lipshutz Robert -- Fidelity National Title Co
Lipshutz Robert -- Fidelity National Title Co
Lipshutz Robert J -- Fidelity Title
Lipshutz Robert -- First American Title
Lipshutz Robert J $2,450,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piazzesi Monika $1,999,000
Previous Owner Lipshutz Robert J $450,000
Previous Owner Lipshutz Robert $417,000
Previous Owner Lipshutz Robert $527,000
Previous Owner Lipshutz Robert J $970,000
Previous Owner Lipshutz Robert $1,000,000
Previous Owner Lipshutz Robert J $1,000,000
Closed Lipshutz Robert J $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $3,888,000 +11.5% $2,130 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $3,488,000 -- $1,911 / 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 $43,743 $4,208,495 $3,680,269 $528,226
2024 $43,743 $4,125,976 $3,608,107 $517,869
2023 $43,577 $4,045,075 $3,537,360 $507,715
2022 $42,228 $3,965,760 $3,468,000 $497,760
2021 $41,691 $3,888,000 $3,400,000 $488,000
2020 $31,807 $2,980,000 $2,919,000 $61,000
2019 $30,791 $2,883,000 $2,824,000 $59,000
2018 $28,866 $2,700,000 $2,000,000 $700,000
2017 $26,533 $2,484,000 $2,433,000 $51,000
2016 $25,732 $2,403,000 $2,354,000 $49,000
2015 $31,434 $2,955,000 $2,895,000 $60,000
2014 $31,013 $2,893,000 $2,834,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81798416

MLSListings

APN: 009-442-008-000