NOT LISTED FOR SALE

32 Potrero Trail Carmel, CA 93923

Estimated Value: $5,627,000 - $7,029,138

4 Beds
3.5 Baths
3,756 Sq Ft
$1,686/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $3,928,800 $1,046 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $36,843/month

66 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Primary Bedroom Suite
  • Tularcitos Elementary School Rated A
  • Wine Cellar
  • 26.45 Acre Lot

About This Home

As of February 2020

Arrive peacefully through tall redwoods and coastal live oaks to your private retreat with unobstructed views of Peñon Peak. Just seven minutes inside The Santa Lucia Preserve's front gate, this contemporary hacienda embraces indoor and outdoor living spaces with the ideal Mediterranean climate year-round. The accordion glass doors disappear into the vast Potrero Valley and outdoor courtyard fireplace, where views and entertaining areas are maximized. Blended traditional California architecture and modern design provide large open living spaces with seamless transitions from great room to kitchen. The single level floor plan allows for easy navigation from bedrooms to living areas, to the outdoor deck, hot tub and garden. Built with the latest technologies, enjoy easy living with superb comfort and security. The additional detached guest house invites family and guests to rest peacefully after a hike or round of golf through nature.

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 11/14/2019

Last Buyer's Agent

Kim DiBenedetto

Coldwell Banker Realty License #01278679

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2017

Lot Details

  • 26.45 Acre Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Drought Tolerant Landscaping

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger

Property Views

  • Canyon
  • Mountain
  • Hills
  • Valley

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Reinforced Concrete Foundation
  • Steel Frame
  • Tile Roof
  • Clay Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,756 Sq Ft Home
  • Central Vacuum
  • Entertainment System
  • Beamed Ceilings
  • Vaulted Ceiling
  • Circular Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Combination Dining and Living Room
  • Den
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Smart Home
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Fire Pit

Additional Homes

  • 669 SF Accessory Dwelling Unit

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Septic Tank

Community Details

Overview

  • Santa Lucia Preserve Association
  • Greenbelt

Amenities

  • Courtyard
  • Sauna
  • Clubhouse
  • Planned Social Activities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Security

  • Safe or Vault

Home Details

Home Type

Single Family

Year Built

2017

Lot Details

0

HOA Fees

$154 per month

Parking

2

Listing Details

  • Zoning: RC/40-D-S
  • Subclass: Single Family Home
  • Style: Contemporary, Mediterranean
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 669
  • Structure Sq Ft: 3756
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room, Eat In Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven - Double, Oven - Self Cleaning, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 3756
  • Security: Closed Circuit Monitoring (24-Hour), Fire Alarm, Fire System - Sprinkler, Security Alarm, Vault
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreate - 2+, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Storage, Wine Cellar / Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Stall Shower(s), Pass Through, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Reinforced Concrete
  • Roof: Clay, Tile
  • View: Canyon, Hills, Mountains, Valley
  • Yard/Grounds: Balcony / Patio, Courtyard, Deck, Drought Tolerant Plants, Fire Pit, Outdoor Fireplace
  • Pool: Spa / Hot Tub
  • Construction Type: Steel Frame, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Parking Area

Utilities

  • Cooling System: Central Ac
  • Heating System: Radiant Floors
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • Complex Name: The Santa Lucia Preserve, Carmel
  • HOA Fees: 1850
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Golf Course, Gym / Exercise Facility, Organized Activities, Playground, Putting Green, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Annually
  • HOA Exist: Yes
  • H O A Name Text: Santa Lucia Preserve Association

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Video / Audio System, Walk-In Closet

Lot Info

  • Lot Description: Grade - Rolling, Grade - Varies, Private / Secluded
  • Lot Acres: 26.4500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1152162.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1152162.00

Green Features

  • Energy Features: Double Pane Windows, Smart Home System

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site
  • Second Unit Description: 1br/1ba guest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 4, 2020
Sold by
Vasudevan Rangaswamy and Vasudevan Jayashree
Bought by
Chang Daniel and Chang Deborah Dory
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Kim DiBenedetto
Coldwell Banker Realty
List Price
$4,095,000
Sold Price
$3,928,800
Premium/Discount to List
-$166,200
-4.06%
Current Estimated Value
$5,923,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,994,635
Avg. Annual Appreciation
8.41%
Original Mortgage
$2,750,160
Outstanding Balance
$2,435,074
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,897,305

Purchase Details

Closed on
Jun 19, 2019
Sold by
Vasudevan Rangaswamy and Vasudevan Jayashree
Bought by
Vasudevan Jayashree and Vasudevan Rangaswamy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2000
Sold by
Rancho San Carlos Partnership L P
Bought by
Vasudevan Rangaswamy and Vasudevan Jayashree
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Chang Daniel $3,929,000 Chicago Title Company
Vasudevan Jayashree -- Boston National Title
Vasudevan Rangaswamy -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Daniel $2,750,160
Previous Owner Vasudevan Jayashree $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2020 02/19/20 Sold $3,928,800 -4.1% $1,046 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $4,095,000 -- $1,090 / 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 $68,594 $5,087,212 $1,749,832 $3,337,380
2024 $68,594 $4,987,464 $1,715,522 $3,271,942
2023 $66,515 $4,129,868 $1,681,885 $2,447,983
2022 $64,256 $4,048,891 $1,648,907 $2,399,984
2021 $63,044 $3,969,502 $1,616,576 $2,352,926
2020 $63,140 $4,240,898 $2,617,874 $1,623,024
2019 $61,564 $4,157,744 $2,566,544 $1,591,200
2018 $45,720 $2,455,000 $895,000 $1,560,000
2017 $36,707 $1,654,000 $895,000 $759,000
2016 $25,162 $895,000 $895,000 $0
2015 $28,781 $1,300,000 $1,300,000 $0
2014 $29,096 $1,350,000 $1,350,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81775539

MLSListings

APN: 239-111-012-000