$1,050,000
SOLD JUN 12, 2023

3850 Rio Rd Unit 63 Carmel, CA 93923

2 Beds
2 Baths
1,409 Sq Ft
$475/mo HOA Fee

Recently Sold

$745 Per Sq Ft

5% Below List Price

30 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Quartz Countertops
  • Carmel River Elementary School Rated A+
  • Sauna
  • 4-minute walk to Poodle Day

About This Home

As of July 2024

On the market for the first time in nearly 25 years, this single-level, end-unit townhouse in the desirable Arroyo Carmel complex offers a great combination of convenience and livability. Upon entry, the spacious living room with a gas-log fireplace and adjacent dining area exits to a newly rebuilt private patio. The kitchen offers updated quartz countertops, a breakfast nook area, and an additional patio. The primary bedroom has an en suite bath with double sinks, a large walk-in closet, and another (third) private outdoor patio. Enjoy the perk of additional space with a permitted bonus room which can serve as an office or third bedroom, plus a two-car garage with storage space in the rafters. This turn-key unit offers an abundance of amenities on-site, including a community pool, jacuzzi, tennis courts, sauna, and clubhouse, and is located just across the street from both the Crossroads and Barnyard shopping centers.

Last Agent to Sell the Property

James Pfeiffer

San Carlos Agency, Inc. License #70010169 Listed on: 05/05/2023

Last Buyer's Agent

Ann Albanese-Freeman

Coldwell Banker Realty License #01181084

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,168

Year Built

  • Built in 1976

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,409 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Dining Area
  • Den
  • Laminate Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 015-532-015-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves
  • 92 Units
  • Compass Management Association
  • Built by Arroyo Carmel

Amenities

  • Sauna

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,168

Year Built

Built in 1976

Lot Details

0

HOA Fees

$475 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Number Restrictions
  • Age: 47
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 92
  • Structure Sq Ft: 1409
  • Complex Name: Arroyo Carmel
  • Year Built: 1976
  • Zoning Description: HDR
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Quartz, Dishwasher, Exhaust Fan, Microwave, Refrigerator
  • Living Sq Ft: 1409
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Laminate
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Wood Shakes / Shingles
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 475
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves
  • H O A Name Text: Compass Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Carmel Unified
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Middle School: 511

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 015-532-015-000

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified
  • High School Text: Carmel High
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jun 27, 2024
Sold by
Maffei Jr Don
Bought by
Gularte Nicholas P and Gularte Nadira A
Seller's Agent
Ann Albanese-Freeman
Coldwell Banker Realty
Buyer's Agent
Melissa Chernetsky
Real Brokerage Technologies
List Price
$1,264,000
Sold Price
$1,199,000
Premium/Discount to List
-$65,000
-5.14%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%
Original Mortgage
$1,139,050
Outstanding Balance
$1,126,551
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$53,377

Purchase Details

Closed on
Dec 5, 2023
Sold by
Maffei Donald B and Maffei Shelly
Bought by
Maffei

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 7, 2023
Sold by
Helen K Ryu 2000 Revocable Trust
Bought by
Maffei Donald B and Maffei Shelly
Seller's Agent
James Pfeiffer
San Carlos Agency, Inc.
Buyer's Agent
Ann Albanese-Freeman
Coldwell Banker Realty
List Price
$1,108,000
Sold Price
$1,050,000
Premium/Discount to List
-$58,000
-5.23%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Aug 14, 2000
Sold by
Ryu Helen Kiok
Bought by
Ryu Helen K and Ryu Donna M

Purchase Details

Closed on
Jul 25, 1999
Sold by
Carlson Helen W
Bought by
Ryu Helen Kiok

Purchase Details

Closed on
Aug 5, 1997
Sold by
Carlson Helen W
Bought by
Carlson Helen W

Purchase Details

Closed on
Apr 2, 1997
Sold by
Carlson Helen W
Bought by
Carlson Helen W

Purchase Details

Closed on
Mar 21, 1997
Sold by
Bryan Edith and Herman Joyce
Bought by
Carlson Helen W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,199,000 Old Republic Title
Deed -- None Listed On Document
Grant Deed $1,050,000 Chicago Title
Interfamily Deed Transfer -- --
Grant Deed $351,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Grant Deed $255,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,139,050 New Conventional
Previous Owner $350,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $1,299,000 +8.3% $922 / Sq Ft
07/10/2024 07/10/24 Sold $1,199,000 0.0% $851 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $1,199,000 -5.1% $851 / Sq Ft
06/05/2024 06/05/24 For Sale $1,264,000 +20.4% $897 / Sq Ft
06/12/2023 06/12/23 Sold $1,050,000 -5.2% $745 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,108,000 0.0% $786 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,108,000 -- $786 / 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 $12,168 $1,199,000 $360,000 $839,000
2024 $12,168 $1,071,000 $357,000 $714,000
2023 $5,413 $1,050,000 $350,000 $700,000
2022 $5,251 $401,683 $93,775 $307,908
2021 $5,080 $393,808 $91,937 $301,871
2020 $4,967 $389,771 $90,995 $298,776
2019 $4,863 $382,129 $89,211 $292,918
2018 $4,732 $374,637 $87,462 $287,175
2017 $4,587 $367,293 $85,748 $281,545
2016 $4,433 $360,092 $84,067 $276,025
2015 $4,345 $354,684 $82,805 $271,879
2014 $4,245 $347,737 $81,183 $266,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81927244

MLSListings

APN: 015-532-015-000