NOT LISTED FOR SALE

36584 Highway 1 Monterey, CA 93940

Estimated Value: $3,187,000 - $5,087,103

2 Beds
2 Baths
3,200 Sq Ft
$1,201/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $2,122,141 $663 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $23,850/month

81 Days on Market

Highlights

  • Ocean Front
  • Under Construction
  • Ocean Side of Highway 1
  • Carmel River Elementary School Rated A+
  • No Units Above
  • Custom Home

About This Home

As of January 2021

Worldbid Auction of The Dome House. Offers are being accepted today thru December 9th. Pre-Auction day offers are accepted with any contingencies including financing up to November 30th. Auction day bids are non-contingent. Buyers may finance their purchase when submitting auction day bids, though financing is not a continency to purchase. This is a Sealed Bid auction for buyer’s safety due to COVID. A 6% buyer’s premium must be added to your offer. Situated on a 2 acre parcel with a nearly completed architectural masterpiece 3200SF home on the cliff with a 200 degree view. The seller spent the past 20 years planning and permitting the construction. Grandfathered 8ft setbacks. Current regulations require 50ft setback. Never before or again will a property like this on the Coast be available.

Last Agent to Sell the Property

Anthony Fitzgerald

Premiere Estates International Real Estate License #01248708 Listed on: 10/15/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,723

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 2.1 Acre Lot
  • Ocean Front
  • Property fronts a highway
  • No Units Located Below
  • 1 Common Wall
  • West Facing Home

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Bluff
  • Rock

Home Design

  • Custom Home
  • Midcentury Modern Architecture
  • Slab Foundation
  • Unfinished Walls
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Patio
  • Wrap Around Porch

Utilities

  • No Heating
  • Septic Type Unknown
  • Phone Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 243251024000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,723

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Ext: 100
  • Other Phone Number: 877 337 8283
  • Property Attached: Yes
  • Road Frontage Type: County Road, Highway
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Custom Built, Mid Century Modern
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 243251024000
  • Year Built: 2020
  • Special Features: 66

Interior Features

  • Fireplace: No
  • Living Area: 3200.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Unfinished Walls, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Wood
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 663.17
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • View: Bluff, Coastline, Ocean, Panoramic, Rocks
  • Fence: No
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Down Slope From Street, Garage - Two Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Phone Available, Water Connected
  • Heating: No
  • Laundry: No
  • Electric: Standard
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Watersports

Schools

  • School District: Carpinteria Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Lot Over 40000 Sqft, Rocks
  • Lot Size Sq Ft: 91476.00
  • Lot Size Acres: 2.1000
  • Latitude Manual: 36.40646900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 91476.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 115.02
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 20, 2020
Sold by
Wells Fargo Bank Na
Bought by
Palo Aalto Llc
Seller's Agent
Anthony Fitzgerald
Premiere Estates International Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,900,000
Sold Price
$2,122,141
Premium/Discount to List
-$777,859
-26.82%
Current Estimated Value
$3,903,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,781,509
Avg. Annual Appreciation
14.27%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Parker Mary
Bought by
Damon Sharon May

Purchase Details

Closed on
May 24, 2007
Sold by
Parker Mary
Bought by
Parker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2007
Sold by
Parker D Steven
Bought by
Parker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2001
Sold by
Foley D Beth
Bought by
Parker D Steven and Parker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.98%
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
Palo Aalto Llc $2,002,500 Wfg Title Company
Damon Sharon May $5,250,000 Old Republic Title Company
Parker Mary -- First American Title Co
Parker Mary -- Fidelity Natl Title Mclpc
Parker D Steven $2,100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Mary L $500,000
Previous Owner Parker Mary $2,641,760
Previous Owner Parker Mary $400,000
Previous Owner Parker Mary $1,675,000
Previous Owner Parker D Steven $250,000
Previous Owner Parker D Steven $1,710,000
Previous Owner Parker D Steven $1,765,000
Previous Owner Parker D Steven $1,785,000
Previous Owner Parker D Steven $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $2,122,141 -26.8% $663 / Sq Ft
10/15/2020 10/15/20 For Sale $2,900,000 -- $906 / 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 $29,723 $3,714,322 $2,814,322 $900,000
2024 $29,723 $3,659,140 $2,759,140 $900,000
2023 $35,037 $3,329,280 $3,225,240 $104,040
2022 $33,883 $3,264,000 $3,162,000 $102,000
2021 $69,036 $6,589,134 $6,214,134 $375,000
2020 $68,158 $6,579,058 $6,196,558 $382,500
2019 $66,854 $6,450,057 $6,075,057 $375,000
2018 $60,572 $5,839,142 $5,839,142 $0
2017 $60,519 $5,839,142 $3,336,653 $2,502,489
2016 $59,560 $5,724,650 $3,271,229 $2,453,421
2015 $58,732 $5,638,662 $3,222,093 $2,416,569
2014 $58,127 $5,528,209 $3,158,977 $2,369,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20218028

California Regional Multiple Listing Service (CRMLS)

APN: 243-251-024-000