NOT LISTED FOR SALE

Estimated Value: $5,402,000 - $11,331,844

3 Beds
5 Baths
6,317 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $7,100,000 $1,124 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $52,889/month

1 Day on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Carmel River Elementary School Rated A+
  • Primary Bedroom Suite
  • No HOA

About This Home

As of March 2018

Great Oceanfront resort-style luxurious property with 4 bedrooms, 5 bathrooms, built in 2005!
Great Location,just minutes drive to Carmel and Pebble Beach!
Great Price, motivated seller !

Last Agent to Sell the Property

Helen Qi

West Shores Realty, Inc. License #01926488 Listed on: 02/25/2018

West Shores Realty, Inc.

Last Buyer's Agent

Helen Qi

West Shores Realty, Inc. License #01926488 Listed on: 02/25/2018

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,089

Year Built

  • Built in 2005

Lot Details

  • 0.8 Acre Lot
  • Land Lease

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 6,317 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Game Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Cover
  • Permits for Pool

Location

  • Suburban Location

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 243141011000

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,089

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310-562-8089
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 243141011000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6317.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1123.95
  • Room Type: Family Room, Formal Entry, Game Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet

Exterior Features

  • View: Ocean, Panoramic
  • Pool Features: Private, In Ground, Pool Cover, Permits
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Call Listing Office

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 34916.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 116.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
First American Title Insurance Company
Bought by
Orosco Patrick
Current Estimated Value
$8,710,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,952,070
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,758,891

Purchase Details

Closed on
Aug 8, 2024
Sold by
Orosco Amanda Brooks
Bought by
Orosco Patrick W

Purchase Details

Listed on
Feb 25, 2018
Closed on
Mar 1, 2018
Sold by
Wei Fulian
Bought by
Chang Zengbao
Seller's Agent
Helen Qi
West Shores Realty, Inc.
Buyer's Agent
Helen Qi
West Shores Realty, Inc.
List Price
$7,899,000
Sold Price
$7,100,000
Premium/Discount to List
-$799,000
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$426,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 25, 2018
Closed on
Jan 4, 2018
Sold by
Wang Wang Kun Kun and Wang Kun
Bought by
Chang Zengbao
Seller's Agent
Helen Qi
West Shores Realty, Inc.
Buyer's Agent
Helen Qi
West Shores Realty, Inc.
List Price
$7,899,000
Sold Price
$7,100,000
Premium/Discount to List
-$799,000
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 21, 2014
Closed on
Nov 19, 2014
Sold by
Wang Fujuan
Bought by
Wang Wang Kun Kun and Wang Kun
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Jim Somerville
Coldwell Banker Realty
List Price
$8,995,000
Sold Price
$7,288,888
Premium/Discount to List
-$1,706,112
-18.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%
Original Mortgage
$3,863,111
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1997
Sold by
Richards Sharon J and Richard Family Trust
Bought by
Gibson Drew and Gibson Kay M

Purchase Details

Closed on
Feb 26, 1997
Sold by
Richards David F and Richards Sharon J
Bought by
Richards David F and Richards Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.37%

Purchase Details

Closed on
Jan 22, 1997
Sold by
Rust Quentin and Rust Betty Zeran
Bought by
Richards David F and Richards Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.37%
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
Orosco Patrick $5,600,000 First American Title
Orosco Patrick $5,600,000 First American Title
Orosco Patrick W -- Old Republic Title
Orosco Patrick W -- Old Republic Title
Chang Zengbao -- Chicago Title Co
Chang Zengbao $7,100,000 Title365
Wang Wang Kun Kun -- First American Title Company
Wang Wang Kun Kun $7,288,888 First American Title Company
Gibson Drew $1,275,000 Old Republic Title
Richards David F -- --
Richards David F -- --
Richards David F $1,186,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orosco Patrick $5,000,000
Closed Orosco Patrick $5,000,000
Previous Owner Chang Zengbao $426,000
Previous Owner Wang Wang Kun Kun $3,863,111
Previous Owner Richards David F $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $7,100,000 -10.1% $1,124 / Sq Ft
02/25/2018 02/25/18 For Sale $7,899,000 +8.4% $1,250 / Sq Ft
11/26/2014 11/26/14 Sold $7,288,888 -8.3% $1,139 / Sq Ft View Prior Sale
11/14/2014 11/14/14 Pending -- -- --
10/03/2014 10/03/14 Price Changed $7,950,000 +9.1% $1,242 / Sq Ft
01/21/2014 01/21/14 Off Market $7,288,888 -- --
01/21/2014 01/21/14 For Sale $8,995,000 -- $1,405 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $82,089 $7,500,000 $4,500,000 $3,000,000
2024 $82,089 $7,920,183 $4,462,075 $3,458,108
2023 $81,664 $7,764,886 $4,374,584 $3,390,302
2022 $78,973 $7,612,634 $4,288,808 $3,323,826
2021 $78,190 $7,463,367 $4,204,714 $3,258,653
2020 $76,522 $7,386,840 $4,161,600 $3,225,240
2019 $75,058 $7,242,000 $4,080,000 $3,162,000
2018 $79,871 $7,699,003 $3,168,798 $4,530,205
2017 $78,220 $7,548,043 $3,106,665 $4,441,378
2016 $76,980 $7,400,043 $3,045,750 $4,354,293
2015 $75,909 $7,288,888 $3,000,000 $4,288,888
2014 $75,874 $7,217,158 $1,276,993 $5,940,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18045271

California Regional Multiple Listing Service (CRMLS)

APN: 243-141-011-000