NOT LISTED FOR SALE

3504 Ocean Ave Carmel, CA 93923

Carmel Point and Hatton Fields Neighborhood

Estimated Value: $1,130,000 - $1,339,224

1 Bed
1 Bath
784 Sq Ft
$1,600/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $683,500 $872 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,661/month

454 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Washer and Dryer
  • Carmel River Elementary School Rated A+
  • Combination Dining and Living Room
  • Gas Fireplace

About This Home

As of October 2016

Carmel Cottage 8 blocks to Carmel Plaza and Devendorf Park. Great Room with Vaulted Ceiling and fireplace overlooks spacious deck. Large 6250 SF lot allows for home expansion. Currently used for vacation rentals..

Last Agent to Sell the Property

Bert Aronson

KW Coastal Estates License #00760050 Listed on: 07/01/2015

KW Coastal Estates

Last Buyer's Agent

Laura Ciucci

Sotheby’s International Realty License #01135238

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,050

Year Built

  • Built in 1953

Lot Details

  • Zoning described as SF

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 784 Sq Ft Home
  • Gas Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 009-181-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,050

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 784
  • Incorporated: Yes
  • Year Built: 1953
  • Zoning Description: SF
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 784
  • Laundry: Washer / Dryer
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Uncovered Parking

Utilities

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

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 009-181-015-000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2019
Sold by
Muzumdar Nihal Shashikant and Muzumdar Smith
Bought by
The 2009 Muzumdar Family Trust
Current Estimated Value
$1,267,565

Purchase Details

Listed on
Jul 1, 2015
Closed on
Oct 20, 2016
Sold by
Bagley Sharon Defty and Sharon Defty Bagley Revocable
Bought by
Muzumdar Nihal S and Muzumdar Smitha
Seller's Agent
Bert Aronson
KW Coastal Estates
Buyer's Agent
Laura Ciucci
Sotheby’s International Realty
List Price
$799,000
Sold Price
$683,500
Premium/Discount to List
-$115,500
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$483,000
Outstanding Balance
$390,802
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$906,707

Purchase Details

Closed on
Apr 28, 2011
Sold by
Bagley Sharon Defty
Bought by
Bagley Sharon Defty and Sharon Defty Bagley Revocable

Purchase Details

Closed on
Aug 8, 2007
Sold by
Dwyer William M and The William M Dwyer Trust
Bought by
Bagley Sharon Defty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 6, 2007
Sold by
Bagley Alan
Bought by
Bagley Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 25, 2006
Sold by
Dwyer William M
Bought by
Dwyer William M and William M Dwyer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Garcia George F and Garcia April G M
Bought by
Dwyer William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2005
Sold by
Day Marie and The Lois Starnes Living Trust
Bought by
Garcia George F and Garcia April G M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
6.35%
Mortgage Type
Unknown
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
The 2009 Muzumdar Family Trust -- None Available
Muzumdar Nihal S $683,500 Chicago Title Company
Bagley Sharon Defty -- None Available
Bagley Sharon Defty $695,000 First American Title
Bagley Sharon -- First American Title
Dwyer William M -- Accommodation
Dwyer William M $337,500 Chicago Title Co
Dwyer William M $337,500 Chicago Title Co
Garcia George F $745,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muzumdar Nihal S $483,000
Previous Owner Bagley Sharon Defty $521,250
Previous Owner Dwyer William M $540,000
Previous Owner Garcia George F $1,675,000
Previous Owner Garcia George F $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $683,500 -2.2% $872 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $699,000 -2.9% $892 / Sq Ft
09/02/2016 09/02/16 Price Changed $720,000 -4.0% $918 / Sq Ft
07/01/2016 07/01/16 Price Changed $750,000 -2.6% $957 / Sq Ft
06/14/2016 06/14/16 Price Changed $770,000 -3.6% $982 / Sq Ft
06/08/2016 06/08/16 For Sale $799,000 +16.9% $1,019 / Sq Ft
06/05/2016 06/05/16 Off Market $683,500 -- --
07/01/2015 07/01/15 For Sale $799,000 -- $1,019 / 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 $9,050 $793,253 $638,320 $154,933
2024 $9,050 $777,700 $625,804 $151,896
2023 $9,047 $762,452 $613,534 $148,918
2022 $8,835 $747,503 $601,504 $145,999
2021 $8,629 $732,847 $589,710 $143,137
2020 $8,439 $725,334 $583,664 $141,670
2019 $8,269 $711,113 $572,220 $138,893
2018 $8,075 $697,170 $561,000 $136,170
2017 $7,860 $683,500 $550,000 $133,500
2016 $8,742 $771,182 $596,974 $174,208
2015 $8,558 $759,599 $588,007 $171,592
2014 $7,955 $701,000 $543,000 $158,000
Source: Public Records

Agents Affiliated with this Home

  • Bert Aronson

    Seller's Agent in 2016

    Bert Aronson

    KW Coastal Estates

    (831) 521-9059

    13 Total Sales

    Section Image
  • Laura Ciucci

    Buyer's Agent in 2016

    Laura Ciucci

    Sotheby’s International Realty

    (831) 236-8571

    1 in this area

    37 Total Sales

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Map

Source: MLSListings

MLS Number: ML81534601

MLSListings

APN: 009-181-015-000

California Monterey County Carmel 93923 Carmel Point and Hatton Fields

3504 Ocean Ave, Carmel, CA

This home is located at 3504 Ocean Ave, Carmel, CA 93923 since 01 July 2015 and is currently estimated at $1,254,056, approximately $1,599 per square foot. This property was built in 1953. 3504 Ocean Ave is a home located in Monterey County with nearby schools including Carmel River Elementary School, Carmel Middle School, and Carmel High School.

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