NOT LISTED FOR SALE

3850 Rio Rd Unit 71 Carmel, CA 93923

Carmel Point and Hatton Fields Neighborhood

Estimated Value: $1,176,000 - $1,303,000

3 Beds
2.5 Baths
1,580 Sq Ft
$772/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $690,000 $437 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,544/month

41 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • High Ceiling
  • Carmel River Elementary School Rated A+
  • Sauna
  • 4-minute walk to Poodle Day

About This Home

As of November 2017

South West facing 3 bed/2.5 bath 1600 S.F. TownHome (End Unit) with spacious and well-designed family floor plan (separation of bedrooms) with a custom 2 car-garage. Vaulted ceilings in master bedroom with wall-to wall closet and deck with fabulous views. Inside laundry. Lots of storage. Park-like setting embraced by mountains, meadow, lake, and Carmel River. IDEAL location for convenience. Feels like you have your own front yard. Last phase built. First time on the market. Original owner..Awaiting your signature for upgrades. Two privately fenced patios (with a gate). Lots of light beaming into home. Fireplace invites social gatherings. Bike to Award-Winning schools/beaches. Stroll to shops, restaurants, Groceries, Post Office, Farmer's Market, Medical-Dental, etc. Bike on trails. Very central to all attractions the Monterey Peninsula has to offer. In other words: Ideal location! Very low monthly HOA dues -$305 (pool, tennis, spa, comcast,garbage etc)

Last Agent to Sell the Property

Wendy Loren

Alain Pinel Realtors License #01030054 Listed on: 08/14/2017

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,974

Year Built

  • Built in 1976

Lot Details

  • 1,956

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Formal Dining Room
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Additional Features

  • Private Pool
  • 1,956 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 015-532-023-000

Community Details

Overview

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis
  • 92 Units
  • Arroyo Carmel 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

$8,974

Year Built

Built in 1976

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Age: 41
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 92
  • Structure Sq Ft: 1580
  • Complex Name: Arroyo Carmel
  • Year Built: 1976
  • Zoning Description: r1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Gas Starter
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 1580
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Community Facility
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 305
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Arroyo Carmel
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 015-532-023-000
  • Lot Acres: 0.0449
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1957.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1957.00

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

Listed on
Aug 14, 2017
Closed on
Nov 3, 2017
Sold by
Olsen Mary Louise
Bought by
Belser Kerry M
Seller's Agent
Wendy Loren
Alain Pinel Realtors
Buyer's Agent
RECIP
Out of Area Office
List Price
$729,000
Sold Price
$690,000
Premium/Discount to List
-$39,000
-5.35%
Current Estimated Value
$1,219,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,402
Avg. Annual Appreciation
7.50%
Original Mortgage
$340,000
Outstanding Balance
$285,354
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$934,048

Purchase Details

Closed on
Jul 28, 2017
Sold by
Mouton Birgit
Bought by
Olsen Mary Louise

Purchase Details

Closed on
Jan 25, 2007
Sold by
Olsen John N
Bought by
Olsen John N
Source: Public Records

Range of Values:

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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
Belser Kerry M $690,000 Chicago Title Company
Olsen Mary Louise -- None Available
Olsen John N -- None Available
Olsen Kirsten M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belser Kerry M $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $690,000 -1.3% $437 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/04/2017 09/04/17 Price Changed $699,000 -4.1% $442 / Sq Ft
08/14/2017 08/14/17 For Sale $729,000 -- $461 / 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 $8,974 $785,099 $341,347 $443,752
2024 $8,974 $769,705 $334,654 $435,051
2023 $8,965 $754,614 $328,093 $426,521
2022 $8,757 $739,818 $321,660 $418,158
2021 $8,551 $725,312 $315,353 $409,959
2020 $8,364 $717,876 $312,120 $405,756
2019 $8,268 $703,800 $306,000 $397,800
2018 $8,075 $690,000 $300,000 $390,000
2017 $3,557 $267,847 $80,346 $187,501
2016 $3,419 $262,596 $78,771 $183,825
2015 $3,346 $258,652 $77,588 $181,064
2014 $3,255 $253,587 $76,069 $177,518
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Wendy Loren

    Alain Pinel Realtors

    Section Image

  • R

    Buyer's Agent in 2017

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81673901

MLSListings

APN: 015-532-023-000

California Monterey County Carmel 93923 Carmel Point and Hatton Fields

3850 Rio Rd Unit 71, Carmel, CA

This home is located at 3850 Rio Rd Unit 71, Carmel, CA 93923 since 14 August 2017 and is currently estimated at $1,219,402, approximately $771 per square foot. This property was built in 1976. 3850 Rio Rd Unit 71 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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