NOT LISTED FOR SALE

3850 Rio Rd Unit 51 Carmel, CA 93923

Carmel Point and Hatton Fields Neighborhood

Estimated Value: $1,155,000 - $1,459,000

2 Beds
2 Baths
1,431 Sq Ft
$870/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,163,000 $813 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,176/month

102 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Vaulted Ceiling
  • Carmel River Elementary School Rated A+
  • Clubhouse
  • 4-minute walk to Poodle Day

About This Home

As of July 2023

Enjoy the peaceful view from the patios or living room now with new double-paned replacement windows and patio sliders. The home has been freshly painted throughout. Enjoy the Carmel lifestyle at the highly sought after Arroyo Carmel, with 2 bedrooms and 2 baths, all on one level. This sunny South facing end unit offers striking views of Palo Corona Park. Relax in Spacious open concept living room with vaulted ceilings and gas burning fireplace amid the peaceful mountain setting. Entertain guests in the formal dining room or enjoy the eat-in kitchen with new quartz countertops, stainless-steel appliances and freshly painted cabinets. The large owners retreat includes a walk-in closet, and private ensuite bathroom, with new vanity with double sinks. A laundry area, new washer and dryer, and room for a home office completes the retreat. An attached two-car garage, with built-in storage and workbench, provides ample storage and plenty of space for two vehicles. Arroyo Carmel has a community pool and spa, club house, tennis courts, and pond. Walking distance to the restaurants and shopping at the Crossroads, Safeway, Barn Yard and Carmel Rancho, and Carmel Post Office. Two miles to Carmel River Beach and minutes to downtown Carmel.

Last Agent to Sell the Property

Young Seon Myong

David Lyng Real Estate License #01004504 Listed on: 03/29/2023

David Lyng Real Estate

Last Buyer's Agent

James Pfeiffer

San Carlos Agency, Inc. License #70010169

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,121

Year Built

  • Built in 1976

Lot Details

  • 0.47

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Hills

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Garden Windows
  • Combination Dining and Living Room
  • Den
  • Library
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Additional Features

  • Private Pool
  • Southeast Facing Home

Listing and Financial Details

  • Assessor Parcel Number 015-532-003

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, insurance - common area, insurance - homeowners, insurance - structure, maintenance - exterior, maintenance - road, pool spa or tennis, recreation facility, reserves, sewer
  • Arroyo Carmel / Compass Management Association
  • Built by Arroyo Carmel

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,121

Year Built

Built in 1976

Lot Details

0

HOA Fees

$475 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Allowed
  • Age: 47
  • Listing Class: Residential
  • Structure Sq Ft: 1431
  • Complex Name: Arroyo Carmel
  • Year Built: 1976
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Countertop - Quartz, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1431
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Laminate
  • Additional Rooms: Laundry Room, Library, Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Concrete Slab
  • Pool Description: Community Facility
  • Roof: Wood Shakes / Shingles
  • View: Hills, Mountains
  • Pool: Yes
  • Property Faces: Southeast

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 475
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Insurance - Homeowners, Insurance - Structure, Maintenance - Exterior, Maintenance - Road, Pool, Spa, or Tennis, Recreation Facility, Reserves, Sewer
  • H O A Name Text: Arroyo Carmel / Compass Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 015-532-003

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jul 24, 2023
Sold by
Kim Tae Kyong
Bought by
Janis Bass Trust and Outten
Seller's Agent
Young Seon Myong
David Lyng Real Estate
Buyer's Agent
James Pfeiffer
San Carlos Agency, Inc.
List Price
$1,140,000
Sold Price
$1,163,000
Premium/Discount to List
$23,000
2.02%
Views
184
Current Estimated Value
$1,245,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,118
Avg. Annual Appreciation
3.12%

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 15, 2021
Sold by
Loop David N and The Loop Family Trust
Bought by
Kim Tae Kyong
Seller's Agent
Linda Michaels
Premier Realty Associates
Buyer's Agent
Young Seon Myong
David Lyng Real Estate
List Price
$779,000
Sold Price
$819,000
Premium/Discount to List
$40,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$719,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2021
Closed on
Feb 11, 2021
Sold by
Kim Chansik
Bought by
Kim Tae Kyong
Seller's Agent
Linda Michaels
Premier Realty Associates
Buyer's Agent
Young Seon Myong
David Lyng Real Estate
List Price
$779,000
Sold Price
$819,000
Premium/Discount to List
$40,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Luque Diana and Olsen Deborah Lynne
Bought by
Loop Melvin F and Loop Bernice N

Purchase Details

Closed on
Jul 15, 2004
Sold by
Perkins Dorothy J
Bought by
Perkins Dorothy J

Purchase Details

Closed on
Jul 19, 1994
Sold by
Hart Rufus R and Hart Barbara R
Bought by
Namvar Mokhtar and Namvar Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Janis Bass Trust $1,163,000 Chicago Title
Kim Tae Kyong $819,000 Chicago Title Company
Kim Tae Kyong -- Chicago Title Company
Loop Melvin F $730,000 Stewart Title Of Ca Inc
Perkins Dorothy J -- --
Namvar Mokhtar $280,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Tae Kyong $719,000
Previous Owner Namvar Mokhtar $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $1,163,000 -0.2% $813 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $1,165,000 +2.2% $814 / Sq Ft
06/05/2023 06/05/23 For Sale $1,140,000 0.0% $797 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $1,140,000 -3.4% $797 / Sq Ft
03/29/2023 03/29/23 For Sale $1,180,000 +44.1% $825 / Sq Ft
03/24/2021 03/24/21 Sold $819,000 +5.1% $646 / Sq Ft View Prior Sale
02/07/2021 02/07/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $779,000 -- $614 / 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 $13,121 $1,186,260 $408,000 $778,260
2024 $13,121 $1,163,000 $400,000 $763,000
2023 $9,989 $1,163,000 $400,000 $763,000
2022 $9,748 $835,380 $357,000 $478,380
2021 $3,460 $819,000 $350,000 $469,000
2020 $3,309 $229,705 $53,114 $176,591
2019 $3,237 $225,202 $52,073 $173,129
2018 $3,137 $220,787 $51,052 $169,735
2017 $3,024 $216,458 $50,051 $166,407
2016 $2,895 $212,215 $49,070 $163,145
2015 $2,829 $209,028 $48,333 $160,695
2014 $2,744 $204,935 $47,387 $157,548
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2023

    Young Seon Myong

    David Lyng Real Estate (Carmel offices)

    Section Image
  • James Pfeiffer

    Buyer's Agent in 2023

    James Pfeiffer

    San Carlos Agency, Inc.

    (831) 624-3846

    14 in this area

    76 Total Sales

    James Pfeiffer
    Section Image

  • L

    Seller's Agent in 2021

    Linda Michaels

    Premier Realty Associates

    Section Image
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Map

Source: MLSListings

MLS Number: ML81923036

MLSListings

APN: 015-532-003-000

California Monterey County Carmel 93923 Carmel Point and Hatton Fields

3850 Rio Rd Unit 51, Carmel, CA

This home is located at 3850 Rio Rd Unit 51, Carmel, CA 93923 since 29 March 2023 and is currently estimated at $1,245,118, approximately $870 per square foot. This property was built in 1976. 3850 Rio Rd Unit 51 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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