NOT LISTED FOR SALE

28 Potrero Trail Carmel, CA 93923

Estimated Value: $4,050,000 - $6,584,000

29.56 Acres
$187,873 Price per Acre
1,287,634 Sq Ft Lot

Last Sold May 17, 2017

Last sale price $515,000

Est. 978% increase in value since last sale

Current estimated payment $33,208/month

284 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • 29.56 Acre Lot
  • Tularcitos Elementary School Rated A
  • Gated Community
  • Canyon View

About This Lot

As of May 2017

Premium Preserve lot just five minutes to Rancho San Carlos gate. Very private location with 3.4-acres building envelope within 29.5-acre parcel.

Last Agent to Sell the Property

Terrence Pershall

Sotheby’s International Realty License #00621588 Listed on: 05/20/2016

Last Buyer's Agent

Cheryl Heyermann

La Tierra Realty License #00591121

Property Details

Property Type

  • Land

Lot Details

  • 29.56

Property Views

  • Canyon
  • Mountain
  • Hills

Additional Features

  • 29.56 Acre Lot
  • Pasture
  • Septic Permit Required

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, landscaping / gardening, security service
  • Preserve Association

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: R
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land
  • Development Status: Architectural Review Committee, Building Site Cleared, Dre Approved - Call La
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Hills, Mountains, Pasture

Utilities

  • Sewer/Septic System: Septic Required

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Game Court (Outdoor), Golf Course, Gym / Exercise Facility, Tennis Court / Facility
  • Association Fees Include: Common Area Electricity, Landscaping / Gardening, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Preserve Association

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Varies
  • Lot Acres: 29.5600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1287634.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1287634.00
  • Parcel Access: Paved Road, Private Road - Maint. Access

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Thomas Christopher Allen
Bought by
Thomas Christopher Allen
Current Estimated Value
$5,553,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,879,500
Outstanding Balance
$1,668,570
Interest Rate
3.74%
Mortgage Type
Construction
Estimated Equity
$3,884,958

Purchase Details

Closed on
Jan 9, 2020
Sold by
Thomas Christopher Allen
Bought by
Thomas Christopher Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,879,500
Outstanding Balance
$1,668,570
Interest Rate
3.74%
Mortgage Type
Construction
Estimated Equity
$3,884,958

Purchase Details

Listed on
May 20, 2016
Closed on
May 5, 2017
Sold by
Larson William L and Larson Nancy H
Bought by
Carmichael Thomas Christopher Allen and Carmichael Thomas Kellie
Seller's Agent
Terrence Pershall
Sotheby’s International Realty
Buyer's Agent
Cheryl Heyermann
La Tierra Realty
List Price
$901,000
Sold Price
$515,000
Premium/Discount to List
-$386,000
-42.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.43%
Original Mortgage
$325,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2012
Sold by
Larson Nancy H
Bought by
Larson William L and Larson Nancy H

Purchase Details

Closed on
Nov 25, 2000
Sold by
Rancho San Carlos Partnership Lp
Bought by
Larson William L and Larson Nancy H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thomas Christopher Allen -- Western Resources Title
Thomas Christopher Allen -- None Available
Carmichael Thomas Christopher Allen $515,000 First American Title Company
Larson William L -- None Available
Larson William L -- None Available
Larson William L -- None Available
Larson William L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Christopher Allen $1,879,500
Closed Carmichael Thomas Christopher Allen $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $515,000 -42.8% --
03/01/2017 03/01/17 Pending -- -- --
05/20/2016 05/20/16 For Sale $901,000 -- --
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 $51,738 $3,057,698 $597,698 $2,460,000
2024 $51,738 $3,045,979 $585,979 $2,460,000
2023 $39,857 $1,594,490 $574,490 $1,020,000
2022 $38,477 $1,563,226 $563,226 $1,000,000
2021 $27,166 $1,552,183 $552,183 $1,000,000
2020 $24,192 $546,522 $546,522 $0
2019 $23,375 $535,806 $535,806 $0
2018 $25,066 $525,300 $525,300 $0
2017 $29,953 $1,061,039 $1,061,039 $0
2016 $26,672 $1,040,235 $1,040,235 $0
2015 $25,915 $1,024,610 $1,024,610 $0
2014 $25,465 $1,004,540 $1,004,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81640266

MLSListings

APN: 239-111-009-000