NOT LISTED FOR SALE

Estimated Value: $4,947,000 - $6,236,000

4 Beds
4 Baths
2,783 Sq Ft
$2,025/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $4,495,000 $1,615 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $34,751/month

7 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Ranch Style House
  • Carmel River Elementary School Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of November 2022

A rare opportunity to own a lovely, Carmel home with expansive views of the Pacific and Point Lobos. This charming house is positioned at a wonderful location to enjoy maximum views from Santa Lucia Avenue. The house was built in 1944 and has had only two owners! The current family has owned the property for over 70 years. The home features a large living room with a 30 vaulted ceiling, a large wood burning fireplace with windows that frame the Carmel Bay and the Lagoon. The kitchen and primary bath have just been remodeled and the interior of the home has been completely re-painted. The hardwood floors upstairs have been refurbished. The garden, which is on two levels, has been re-landscaped and includes two, private old-brick patios. This listing presents a unique opportunity for a new owner to acquire a wonderful home in a premier Carmel Point location: five blocks from the beach and seven blocks from downtown Carmel.

Last Agent to Sell the Property

Nick Glaser

Sotheby’s International Realty License #01190153 Listed on: 10/27/2022

Sotheby’s International Realty

Last Buyer's Agent

Courtney Jones

Carmel Realty Company License #01806907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,490

Year Built

  • Built in 1944

Lot Details

  • 6,717 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,783 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 009-381-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,490

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 2783
  • Year Built: 1944
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Freezer, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2783
  • Laundry: Electricity Hookup (220V)
  • Flooring: Carpet, Wood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Marble, Primary - Stall Shower(s), Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Wood Shakes / Shingles
  • View: Bay, Hills, Mountains, Neighborhood, Ocean, Water
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced
  • Fencing: Wood
  • Property Faces: Southwest

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Carmel Unified
  • Elementary School: Carmel River Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 512
  • Middle School: 511

Lot Info

  • Lot Description: Views
  • Parcel Number: 009-381-006-000
  • Lot Acres: 0.1542
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6718.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6718.00

Multi Family

  • Utilities: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Nov 7, 2022
Sold by
Farrar William Rodgers
Bought by
Jerry And Christina Gilbert Living Trust
Seller's Agent
Nick Glaser
Sotheby’s International Realty
Buyer's Agent
Courtney Jones
Carmel Realty Company
List Price
$4,495,000
Sold Price
$4,495,000
Views
28
Current Estimated Value
$5,636,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,101
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Feb 11, 2021
Sold by
Grey Caroline Farrar and Farrar William R
Bought by
Farrar William R

Purchase Details

Closed on
Jun 15, 2020
Sold by
Farrar William R
Bought by
Farrar William R and Trust C

Purchase Details

Closed on
Sep 17, 1999
Sold by
Farrar Nancy Louise
Bought by
Farrar William R and Farrar Nancy L

Purchase Details

Closed on
Dec 3, 1998
Sold by
Farrar Nancy Louise
Bought by
Farrar Nancy Louise
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
Jerry And Christina Gilbert Living Trust $4,495,000 Chicago Title
Farrar William R -- None Available
Farrar William R -- None Available
Farrar William R -- --
Farrar Nancy Louise -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $4,495,000 0.0% $1,615 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $4,495,000 -- $1,615 / 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 $48,490 $4,854,280 $3,329,280 $1,525,000
2024 $48,490 $4,789,000 $3,264,000 $1,525,000
2023 $48,340 $4,495,000 $3,200,000 $1,295,000
2022 $2,720 $152,267 $67,191 $85,076
2021 $2,576 $149,282 $65,874 $83,408
2020 $2,516 $147,752 $65,199 $82,553
2019 $2,460 $144,856 $63,921 $80,935
2018 $2,376 $142,017 $62,668 $79,349
2017 $2,280 $139,234 $61,440 $77,794
2016 $2,200 $136,505 $60,236 $76,269
2015 -- $134,456 $59,332 $75,124
2014 -- $131,823 $58,170 $73,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81910819

MLSListings

APN: 009-381-006-000