NOT LISTED FOR SALE

3600 Red Wolf Dr Carmel, CA 93923

Estimated Value: $4,671,000 - $5,094,226

40 Acres
$122,065 Price per Acre
1,742,400 Sq Ft Lot

Last Sold May 29, 2019

Last sale price $3,000,000

Est. 63% increase in value since last sale

Current estimated payment $30,908/month

623 Days on Market

Highlights

  • Ocean View
  • 40 Acre Lot
  • Lot Has A Rolling Slope
  • Carmel River Elementary School Rated A+

About This Lot

As of May 2019

MONTEREY PENINSULA'S BEST KEPT SECRET, Carmel Highlands dramatic Point Lobos Ridge Estates. Imagine 40 acres sitting at the pinnacle of an exclusive gated community of only eight extraordinary homesites with all the thrill and excitement of the Big Sur coast, just minutes to Carmel-by-the-Sea. Breathtaking, unparalleled panoramic views from deep into Carmel Valley, around to the bays of Carmel, Monterey and Santa Cruz, overlooking Pebble Beach and Point Lobos with the great Pacific beyond. Coastal Development permit included for a 5,300 sq.ft. dream house with pool and garage barn. Private well.

Last Agent to Sell the Property

Judy Tollner

Carmel Realty Company License #70017496 Listed on: 05/25/2017

Last Buyer's Agent

Judy Tollner

Carmel Realty Company License #70017496 Listed on: 05/25/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $54,114

Lot Details

  • 40 Acre Lot
  • Lot Has A Rolling Slope

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon
  • Hills
  • Valley

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Electricity Not Available
  • Well
  • Septic Permit Required

Property Details

Property Type

Land

Est. Annual Taxes

$54,114

Lot Details

0

Listing Details

  • Zoning: WSC
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Have Building Permits, Have Building Plans
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City Lights, Hills, Ocean, Panoramic, Valley
  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Septic Required

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Rolling, Views
  • Lot Acres: 40.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742400.00
  • Parcel Access: Private Road

Multi Family

  • Utilities: Electricity - Not On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
3600 Red Wolf Drive Llc
Bought by
Seastars Llc
Current Estimated Value
$4,882,613

Purchase Details

Listed on
May 25, 2017
Closed on
May 22, 2019
Sold by
Murphy Emmett
Bought by
3600 Red Wolf Llc
Seller's Agent
Judy Tollner
Carmel Realty Company
Buyer's Agent
Judy Tollner
Carmel Realty Company
List Price
$3,950,000
Sold Price
$3,000,000
Premium/Discount to List
-$950,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Apr 3, 2007
Sold by
Bliss Betsy W
Bought by
Murphy Emmett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 16, 2000
Sold by
Bliss Betsy W
Bought by
Bliss Betsy W

Purchase Details

Closed on
Apr 23, 1997
Sold by
Bliss Philip N
Bought by
Bliss Betsy W

Purchase Details

Closed on
Oct 25, 1996
Sold by
Life Staff Ministries
Bought by
Bliss Philip N and Bliss Betsy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 19, 1994
Sold by
Bily Robert and Bily Pamela
Bought by
Life Staff Ministries
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
Seastars Llc $3,600,000 Chicago Title Company
3600 Red Wolf Llc $3,000,000 Old Republic Title Co
Murphy Emmett -- First American Title Co
Bliss Betsy W -- --
Bliss Betsy W -- Chicago Title Co
Bliss Philip N $650,000 Chicago Title Co
Life Staff Ministries -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Emmett $750,000
Previous Owner Murphy Emmett $2,500,000
Previous Owner Bliss Philip N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $3,000,000 -20.0% --
02/08/2019 02/08/19 Pending -- -- --
02/28/2018 02/28/18 Price Changed $3,750,000 -5.1% --
05/25/2017 05/25/17 For Sale $3,950,000 -- --
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 $54,114 $5,324,754 $3,896,754 $1,428,000
2024 $54,114 $5,220,348 $3,820,348 $1,400,000
2023 $39,392 $5,145,440 $3,745,440 $1,400,000
2022 $38,094 $3,672,000 $3,672,000 --
2021 $32,394 $3,600,000 $3,600,000 $0
2020 $31,703 $3,060,000 $3,060,000 $0
2019 $31,096 $3,000,000 $3,000,000 $0
2018 $18,684 $1,800,000 $1,800,000 $0
2017 $18,663 $1,800,000 $1,800,000 $0
2016 $18,734 $1,800,000 $1,800,000 $0
2015 -- $1,800,000 $1,800,000 $0
2014 -- $1,800,000 $1,800,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81653156

MLSListings

APN: 416-011-017-000