NOT LISTED FOR SALE

3204 Palmero Way Del Monte Forest, CA 93953

Estimated Value: $3,875,000 - $12,507,930

5 Beds
6.5 Baths
6,982 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $10,900,000 $1,561 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $58,242/month

196 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Carmel River Elementary School Rated A+
  • In Ground Spa
  • 0.81 Acre Lot

About This Home

As of November 2022

This home has dynamic ocean views and is located nearby all of the main amenities of Pebble Beach resorts and Beach Club. It was a two year search by the current owners to find the perfect location and view, the search ended when they saw the view from this property. Upon entering you feel that you can reach out and touch the Pebble Beach golf links below. The 4,269 main level is the perfectly scaled and effortless flows to the 1,220 sq ft of ipe decking with generous outdoor living spaces. The primary suite boast two full bathrooms and a private patio with a spa, waterfall and fire pit - a luxurious escape. The graciously sized kitchen is a chefs dream with prep and gathering spaces and magnificent fireplace. Additional guest suites are highlighted with dramatic blue ocean views. The wine cellar will delight enophiles with the ability to property store, gather and enjoy memorable vintages for decades to come. This is your time to arrive and live Pebble Beach.

Last Agent to Sell the Property

Bambace Peterson

Compass License #70010145 Listed on: 04/13/2022

Compass

Last Buyer's Agent

Bambace Peterson

Compass License #70010145 Listed on: 04/13/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,083

Year Built

  • Built in 1961

Lot Details

  • 0.81 Acre Lot
  • West Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • Golf Course
  • Forest

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Floor Insulation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,982 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Circular Fireplace
  • Gas Log Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Oven
  • Range Hood
  • Warming Drawer
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Spa
  • Spa Cover

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit
  • Barbecue Area

Utilities

  • Evaporated cooling system
  • Zoned Heating
  • Radiant Heating System
  • Thermostat
  • Master Meter
  • Power Generator
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 008-351-017-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,083

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman, Luxury
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 6982
  • Year Built: 1961
  • Zoning Description: RES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Log, Living Room
  • Dining Room: Breakfast Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Freezer, Hood Over Range, Ice Maker, Island, Island with Sink, Microwave, Oven - Double, Oven - Self Cleaning, Oven Range - Gas, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 6982
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-hour), Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Stone, Wood
  • Additional Rooms: Formal Entry, Laundry Room, Office Area, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Bidet, Double Sinks, Full on Ground Floor, Granite, Marble, Oversized Tub, Primary - Oversized Tub, Solid Surface, Stall Shower - 2+, Stone
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa - Cover, Spa - In Ground, Spa - Jetted, Spa / Hot Tub
  • Roof: Metal
  • View: Bay, Forest / Woods, Golf Course, Ocean
  • Yard/Grounds: Balcony / Patio, BBQ Area, Deck, Fenced, Fire Pit, Sprinklers - Auto
  • Fencing: Complete Perimeter, Gate, Mixed Height / Type
  • Property Faces: West
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Evaporative Cooler
  • Heating System: Heating - 2+ Zones, Individual Room Controls, Radiant, Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

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: Private / Secluded, Views
  • Parcel Number: 008-351-017-000
  • Lot Acres: 0.8100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 35284.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 35284.00
  • Soil: Unknown

Green Features

  • Energy Features: Energy Star Appliances, Insulation - Floor, Thermostat Controller, Whole House Fan

Multi Family

  • Utilities: Generator, Master Meter, 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
Apr 13, 2022
Closed on
Nov 2, 2022
Sold by
M & S Murphy Associates Llc
Bought by
Tjd Family Trust
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
Bambace Peterson
Compass
List Price
$14,500,000
Sold Price
$10,900,000
Premium/Discount to List
-$3,600,000
-24.83%
Views
9
Current Estimated Value
$8,768,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,131,357
Avg. Annual Appreciation
-6.51%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Murphy Michael W and Murphy Sydney W
Bought by
M & S Murphy Associates Llc

Purchase Details

Closed on
Oct 6, 2011
Sold by
Grinstead Philip W and Grinstead Yvonne J
Bought by
Murphy Michael W and Murphy Sydney W

Purchase Details

Closed on
Dec 14, 1998
Sold by
Grinstead Philip W and Grinstead Yvonne J
Bought by
Grinstead Philip W and Grinstead Yvonne J

Purchase Details

Closed on
Sep 5, 1997
Sold by
Ransom Nancy Buck and Nancy Buck Ransom Trust
Bought by
Grinstead Philip W and Grinstead Yvonne J
Source: Public Records

Range of Values:

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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
Tjd Family Trust $10,900,000 Chicago Title
M & S Murphy Associates Llc -- None Available
Murphy Michael W $3,000,000 Chicago Title Company
Grinstead Philip W -- --
Grinstead Philip W -- --
Grinstead Philip W $1,190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & S Murphy Assciates Llc $2,000,000
Previous Owner M & S Murphy Associates Llc $3,891,250
Previous Owner Murphy Michael W $3,891,250
Previous Owner Grinstead Philip W $200,000
Previous Owner Grinstead Philip W $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $10,900,000 -24.8% $1,561 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $14,500,000 -- $2,077 / 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 $116,083 $11,340,360 $6,242,400 $5,097,960
2024 $116,083 $11,118,000 $6,120,000 $4,998,000
2023 $115,560 $10,900,000 $6,000,000 $4,900,000
2022 $85,894 $10,900,000 $6,000,000 $4,900,000
2021 $84,994 $8,033,545 $3,374,872 $4,658,673
2020 $83,160 $7,951,172 $3,340,267 $4,610,905
2019 $81,538 $7,795,268 $3,274,772 $4,520,496
2018 $79,998 $7,642,420 $3,210,561 $4,431,859
2017 $78,331 $7,492,569 $3,147,609 $4,344,960
2016 $77,074 $7,345,657 $3,085,892 $4,259,765
2015 -- $7,235,320 $3,039,540 $4,195,780
2014 -- $5,090,000 $2,980,000 $2,110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81910009

MLSListings

APN: 008-351-017-000