NOT LISTED FOR SALE

3 Corral Run Carmel, CA 93923

Estimated Value: $987,522 - $1,253,000

29 Acres
$39,769 Price per Acre
1,269,338 Sq Ft Lot

Last Sold November 02, 2021

Last sale price $825,000

Est. 35% increase in value since last sale

Current estimated payment $8,823/month

355 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated Community
  • Tularcitos Elementary School Rated A
  • Horse Property
  • 29.14 Acre Lot

About This Lot

As of November 2021

Perfectly situated amongst the coast live oaks on the boarder of fog and sun, lies this 29+ acre equestrian property in the private and secluded Santa Lucia Preserve. Just 15 minutes to Carmel-by-the-Sea and 15 minutes to the Preserve Golf and Ranch Clubs, this savannah and woodland landscaped pasture offers 5.8+ acres of buildable space for up to a two-level main residence, guest house, barn and horses. Your privacy in nature is protected while amenities are at your fingertips: The Top-100 Tom Fazio designed Preserve Golf Club and Ranch Clubs and daily resident services. Security, water, roads, electricity, cell coverage, fast fiber optic internet, and fire management infrastructure are all in place ready for you to build your dream home in Carmel.

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 10/12/2020

Last Buyer's Agent

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 10/12/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,963

Lot Details

  • 29.14 Acre Lot
  • Secluded Lot
  • Mostly Level

Property Views

  • Hills
  • Forest

Community Details

Overview

  • Santa Lucia Preserve Association
  • The community has rules related to credit or board approval

Recreation

  • Golf Course Community
  • Electricity Available at Street
  • Horse Property

Additional Features

  • Concierge
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$32,963

Lot Details

0

Listing Details

  • Zoning: RC/40-D-S
  • Subclass: Residential Lot
  • Restrictions: Board / Park Approval, Height Restrictions
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land
  • Development Status: Design Review Required
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Forest / Woods, Hills
  • Horse Property: Yes

Condo/Co-op/Association

  • HOA Fees: 190
  • HOA Amenities: Community Security Gate, Concierge, Golf Course
  • HOA Exist: Yes
  • H O A Name Text: Santa Lucia Preserve Association

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Mostly Level, Private / Secluded
  • Lot Acres: 29.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1269338.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1269338.00
  • Parcel Access: Private Road

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Oct 21, 2021
Sold by
Young Geoffrey and Bose Maya
Bought by
Vu Stephen and Perkins Kara J
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Canning Properties
Sotheby’s International Realty
List Price
$1,000,000
Sold Price
$825,000
Premium/Discount to List
-$175,000
-17.5%
Current Estimated Value
$1,109,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,863
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Nov 18, 2018
Closed on
May 8, 2019
Sold by
Properties Real Estate 2008 09 Llc
Bought by
Young Geoffrey and Bose Maya
Seller's Agent
Lisa Guthrie
La Tierra Realty
Buyer's Agent
Greg Kraft
Carmel Realty Company
List Price
$1,200,000
Sold Price
$975,000
Premium/Discount to List
-$225,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.49%

Purchase Details

Closed on
Nov 12, 2015
Sold by
Garren Ronald B and Garren Donna Y
Bought by
Properties Real Estate 2008-09 Llc

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 12, 2013
Sold by
Union Bank Na
Bought by
Garren Ronald B and Garren Donna Y
Seller's Agent
Cynthia Siwecki
PresGroup Realty
List Price
$625,000
Sold Price
$725,000
Premium/Discount to List
$100,000
16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Levin Richard H and Levin Linda D
Bought by
Santa Barbar Bank & Trust

Purchase Details

Closed on
Feb 15, 2005
Sold by
Levin Richard H and Levin Linda D
Bought by
Levin Richard H and Levin Linda D

Purchase Details

Closed on
Sep 18, 2002
Sold by
Rancho San Carlos Partnership Lp
Bought by
Levin Richard H and Levin Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.24%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vu Stephen $825,000 Chicago Title Company
Young Geoffrey $975,000 First American Title Company
Properties Real Estate 2008-09 Llc -- None Available
Garren Ronald B $725,000 First American Title Co
Santa Barbar Bank & Trust $684,000 None Available
Levin Richard H -- --
Levin Richard H -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levin Richard H $1,050,000
Previous Owner Levin Richard H $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $825,000 -12.7% --
10/03/2021 10/03/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $945,000 -5.5% --
05/27/2021 05/27/21 For Sale $1,000,000 -16.7% --
05/14/2021 05/14/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,200,000 +23.1% --
05/09/2019 05/09/19 Sold $975,000 -18.8% --
04/08/2019 04/08/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $1,200,000 0.0% --
01/07/2019 01/07/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $1,200,000 +65.5% --
10/04/2013 10/04/13 Sold $725,000 +16.0% --
09/04/2013 09/04/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $625,000 -- --
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 $32,963 $875,496 $875,496 --
2024 $32,963 $858,330 $858,330 --
2023 $31,094 $841,500 $841,500 $0
2022 $30,004 $825,000 $825,000 --
2021 $31,204 $1,004,803 $1,004,803 $0
2020 $28,831 $994,500 $994,500 $0
2019 $24,420 $636,724 $636,724 $0
2018 $26,091 $624,240 $624,240 $0
2017 $25,301 $612,000 $612,000 $0
2016 $22,094 $600,000 $600,000 $0
2015 -- $739,485 $739,485 $0
2014 -- $725,000 $725,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81840256

MLSListings

APN: 239-101-011-000