NOT LISTED FOR SALE

Estimated Value: $2,392,000 - $2,659,000

3 Beds
2.5 Baths
3,727 Sq Ft
$674/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $2,062,750 $553 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $15,014/month

142 Days on Market

Highlights

  • View of Hills
  • Fireplace in Primary Bedroom
  • Recreation Room
  • Tularcitos Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2024

With beautiful views of the Santa Lucia Mountains, and an excellent mid-valley location, this ~3,000+ SqFt home in sunny Carmel Valley provides an escape just minutes from all the amenities the Monterey Peninsula offers. As you drive up the quiet sycamore lined road, you are welcomed into the private grounds with meandering pathways and gardens connecting the two structures. Highlights include 3 bedrooms, 2 full and 1 half bathrooms, and several enclosed patios/expansive decks to enjoy the views. The large ~718+ SF flex room functions perfectly for an office or media/game room, and also included is a workshop/gym and abundant additional storage. This spacious home located in the Carmel Unified School District has been in the same family for many years and is now available for its next owners to enjoy. With tasting rooms in CV Village, world-class dining in Carmel, golfing in Pebble Beach, and Big Sur to the south, the list of nearby activities is endless for this Carmel Valley oasis.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 09/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Shahbaz Khan

Realty One Group Infinity License #02111000

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Valley
  • Neighborhood

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,727 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Gazebo
  • Shed

Utilities

  • Forced Air Zoned Heating System
  • Septic Tank

Community Details

  • Association fees include insurance - common area
  • Mercurio Subdivision Homeowners Assoc. Association

Listing and Financial Details

  • Assessor Parcel Number 169-081-010-000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3727
  • Year Built: 1989
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 3727
  • Stories: 2
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Recreation Room, Workshop
  • Fireplaces Min: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Hills, Neighborhood, Valley
  • Yard/Grounds: Balcony / Patio, Deck, Gazebo, Storage Shed / Structure

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Septic Tank / Pump

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fee Frequency: Annually
  • Association Fees Include: Insurance - Common Area
  • H O A Name Text: Mercurio Subdivision Homeowners Assoc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Parcel Number: 169-081-010-000
  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43560.00

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
Sep 13, 2023
Closed on
Mar 11, 2024
Sold by
Alan And Liana Nixen Family Trust
Bought by
Khan Shahbaz Munawar and Khan Sadia
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Shahbaz Khan
Realty One Group Infinity
List Price
$2,395,000
Sold Price
$2,062,750
Premium/Discount to List
-$332,250
-13.87%
Views
287
Current Estimated Value
$2,510,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,726
Avg. Annual Appreciation
11.74%
Original Mortgage
$582,750
Outstanding Balance
$573,075
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,937,401

Purchase Details

Closed on
May 22, 2001
Sold by
Nixen Alan
Bought by
Nixen Alan
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
Khan Shahbaz Munawar $2,063,000 First American Title
Nixen Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Shahbaz Munawar $582,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $2,062,750 -6.0% $553 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
11/07/2023 11/07/23 Price Changed $2,195,000 -8.4% $589 / Sq Ft
11/07/2023 11/07/23 For Sale $2,395,000 0.0% $643 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $2,395,000 -- $643 / 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 $22,116 $2,104,005 $1,020,000 $1,084,005
2024 $22,116 $2,062,750 $1,000,000 $1,062,750
2023 $11,867 $2,075,000 $1,000,000 $1,075,000
2022 $11,484 $1,086,983 $443,180 $643,803
2021 $11,371 $1,065,671 $434,491 $631,180
2020 $11,133 $1,054,745 $430,036 $624,709
2019 $10,923 $1,034,064 $421,604 $612,460
2018 $10,725 $1,013,789 $413,338 $600,451
2017 $10,507 $993,912 $405,234 $588,678
2016 $10,343 $974,425 $397,289 $577,136
2015 $10,201 $959,789 $391,322 $568,467
2014 $10,097 $940,989 $383,657 $557,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941764

MLSListings

APN: 169-081-010-000