NOT LISTED FOR SALE

Estimated Value: $2,315,000 - $3,015,000

4 Beds
3.5 Baths
3,527 Sq Ft
$756/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $2,400,000 $680 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,250/month

65 Days on Market

Highlights

  • Skyline View
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Tularcitos Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of August 2023

Sea, sky, and mountains converge masterfully to produce a feast for the eyes in nearly every room of this stunningly appointed, open concept estate minutes from world-class golf courses, wineries, restaurants, and shops in Carmel Valley and on the Monterey Peninsula. Ease of access does not compromise the sense of remoteness and tranquility that envelops one gazing out at the lush mountainside or the alluring peak of ocean azure from one of three expansive decks. The primary suite is on the main level, and three bedrooms downstairs ensure a happy experience for guests who will relish the privacy and access to their own deck with fire pit and hot tub. Recline with a book beside the fireplace in the primary bedroom or main living area. Towering windows promise bright mornings and striking vistas. Here, you are truly "on top of the world." Meandering through the open floor plan, accentuated by pitched wooden ceilings, look out at nature's beauty everywhere and marvel at what is yours.

Last Agent to Sell the Property

Julie Kavanaugh

Carmel Coast Estate, Inc. License #01271808 Listed on: 05/03/2023

Co-Listed By

Mary Jane Caputo

Carmel Coast Estate, Inc. License #01438868

Last Buyer's Agent

Anthony Davi

Anthony Davi, Broker License #01921526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,053

Year Built

  • Built in 1989

Lot Details

  • 1.49 Acre Lot
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Skyline
  • Mountain
  • Valley
  • Park or Greenbelt

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,527 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Garden Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Utility Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Septic Tank

Community Details

  • Association fees include insurance - common area, insurance - liability
  • Mercurio Homeowners Association

Listing and Financial Details

  • Assessor Parcel Number 169-081-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,053

Year Built

Built in 1989

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 3527
  • Year Built: 1989
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Garbage Disposal, Hookups - Gas, Island, Oven - Self Cleaning, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 3527
  • Stories: 2
  • Security: Fire Alarm, Secured Garage / Parking
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood, Stone, Tile
  • Additional Rooms: Laundry Room, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Tub with Jets, Skylight, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Greenbelt, Mountains, Valley

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Documents: CC&RS, Minutes, Rules & Regulations
  • HOA Fee Frequency: Annually
  • Association Fees Include: Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Mercurio Homeowners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 169-081-012-000
  • Lot Acres: 1.4900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 64904.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 64904.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Aug 1, 2023
Sold by
Fang Family Revocable Living Trust
Bought by
Elise B Miller Living Trust and Miller
Seller's Agent
Julie Kavanaugh
Carmel Coast Estate, Inc.
Buyer's Agent
Anthony Davi
Anthony Davi, Broker
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Views
228
Current Estimated Value
$2,667,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,987
Avg. Annual Appreciation
5.02%
Original Mortgage
$296,000
Outstanding Balance
$289,078
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$2,378,909

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 17, 2021
Sold by
Lowe Edwin N and Lowe Alice M
Bought by
Fang Liang and Yuan Jinying
Seller's Agent
Lucie Campos
Coldwell Banker Realty
Buyer's Agent
Thomas Keratzes
Carmel Coast Estate, Inc.
List Price
$2,099,000
Sold Price
$2,000,000
Premium/Discount to List
-$99,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$1,125,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Lowe Edwin N and Lowe Alice M
Bought by
Lowe Edwin N and Lowe Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Lowe Edwin and Lowe Alice
Bought by
Lowe Edwin N and Lowe Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Lowe Edwin N and Lowe Alice M
Bought by
Lowe Edwin N and Lowe Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1998
Sold by
Wiese Kenneth W and Wiese Julia M
Bought by
Lowe Edwin N and Lowe Alice M

Purchase Details

Closed on
Apr 26, 1994
Sold by
Jones Jane C and Westerling Joanne L
Bought by
Wiese Kenneth W and Wiese Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
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
Elise B Miller Living Trust $2,400,000 Chicago Title
Fang Liang $2,000,000 Chicago Title Company
Lowe Edwin N -- Accommodation
Lowe Edwin N -- Old Republic Title Company
Lowe Edwin N -- Old Republic Title Company
Lowe Edwin -- Old Republic Title Company
Lowe Edwin N -- Fidelity Title
Lowe Edwin N -- Fidelity Title
Lowe Edwin N $805,000 Old Republic Title Company
Wiese Kenneth W $346,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elise B Miller Living Trust $296,000
Previous Owner Fang Liang $1,125,000
Previous Owner Lowe Edwin N $288,000
Previous Owner Lowe Edwin $288,000
Previous Owner Lowe Edwin N $285,000
Previous Owner Wiese Kenneth W $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2023 08/07/23 Sold $2,400,000 -3.8% $680 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $2,495,000 +24.8% $707 / Sq Ft
02/26/2021 02/26/21 Sold $2,000,000 -4.7% $567 / Sq Ft View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $2,099,000 -- $595 / 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 $25,053 $2,448,000 $765,000 $1,683,000
2024 $25,053 $2,400,000 $750,000 $1,650,000
2023 $22,159 $2,400,000 $750,000 $1,650,000
2022 $21,438 $2,040,000 $663,000 $1,377,000
2021 $12,779 $2,000,000 $650,000 $1,350,000
2020 $12,512 $1,180,964 $591,295 $589,669
2019 $12,205 $1,157,808 $579,701 $578,107
2018 $11,983 $1,135,107 $568,335 $566,772
2017 $11,739 $1,112,851 $557,192 $555,659
2016 $11,555 $1,091,031 $546,267 $544,764
2015 $11,396 $1,074,644 $538,062 $536,582
2014 $11,280 $1,053,595 $527,523 $526,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81926812

MLSListings

APN: 169-081-012-000