NOT LISTED FOR SALE

38525 Highway 1 Monterey, CA 93940

Estimated Value: $3,173,075 - $3,757,000

6 Beds
5 Baths
5,487 Sq Ft
$644/Sq Ft Est. Value

About This Home

This home is located at 38525 Highway 1, Monterey, CA 93940 and is currently estimated at $3,532,269, approximately $643 per square foot. 38525 Highway 1 is a home located in Monterey County with nearby schools including Carmel River Elementary School, Carmel Middle School, and Carmel High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Ds & Ak Bains Family Trust and Bains D
Bought by
Bains Family Properties Lp
Current Estimated Value
$3,296,079

Purchase Details

Closed on
Feb 13, 2021
Sold by
Bains Devinder S and Bains Amrit K
Bought by
Bains D S D and Bains K A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 18, 2020
Sold by
West Shirley A and The Shirley And Peter West Tru
Bought by
Bains Devinder S and Bains Amrit K

Purchase Details

Closed on
Nov 4, 2019
Sold by
West Shirley A
Bought by
West Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2019
Sold by
West Shirley A
Bought by
West Shirley A

Purchase Details

Closed on
Dec 24, 2015
Sold by
West Shirley A
Bought by
The Bypass Trust Of The Shirley & Peter

Purchase Details

Closed on
Oct 26, 2012
Sold by
West Peter J and West Shirley A
Bought by
West Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
West Peter J and West Shirley A
Bought by
West Peter J and West Shirley A

Purchase Details

Closed on
Jun 14, 2004
Sold by
West Peter J and West Shirley A
Bought by
West Peter J and West Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,060
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
West Peter J and West Shirley A
Bought by
West Peter J and West Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,060
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1999
Sold by
West Peter J and West Shirley A
Bought by
West Peter J and West Shirley A

Purchase Details

Closed on
Dec 5, 1996
Sold by
Schaffer Bauman Vesta and Schaffer Chennault Irene
Bought by
West Peter J and West Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bains Family Properties Lp -- None Listed On Document
Bains Family Properties Lp -- None Listed On Document
Bains D S D -- None Available
Bains Devinder S $2,050,000 North American Title Co Inc
West Shirley A -- Old Republic Title Company
West Shirley A -- Old Republic Title Company
The Bypass Trust Of The Shirley & Peter -- None Available
West Shirley A -- Accommodation
West Shirley A -- Old Republic Title Company
West Peter J -- --
West Peter J -- --
West Peter J -- Fidelity Title
West Peter J -- Fidelity Title
West Peter J -- --
West Peter J $400,000 First American Title
Schaffer Bauman Vesta -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bains Devinder S $1,000,000
Previous Owner West Shirley A $970,000
Previous Owner West Shirley A $60,000
Previous Owner West Shirley A $740,000
Previous Owner West Peter J $250,000
Previous Owner West Peter J $327,060
Previous Owner West Peter J $200,000
Previous Owner West Peter J $350,000
Previous Owner West Peter J $300,000
Source: Public Records

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 $22,577 $2,218,983 $1,298,917 $920,066
2024 $22,577 $2,175,475 $1,273,449 $902,026
2023 $22,460 $2,132,820 $1,248,480 $884,340
2022 $21,720 $2,091,000 $1,224,000 $867,000
2021 $21,505 $2,050,000 $1,200,000 $850,000
2020 $1,883 $178,237 $67,147 $111,090
2019 $1,847 $174,743 $65,831 $108,912
2018 $1,815 $171,318 $64,541 $106,777
2017 $1,778 $167,960 $63,276 $104,684
2016 $1,677 $164,668 $62,036 $102,632
2015 $1,667 $162,196 $61,105 $101,091
2014 $1,707 $159,020 $59,909 $99,111
Source: Public Records

Map

California Monterey County Monterey 93923

38525 Highway 1, Monterey, CA

This home is located at 38525 Highway 1, Monterey, CA 93940 and is currently estimated at $3,532,269, approximately $643 per square foot. 38525 Highway 1 is a home located in Monterey County with nearby schools including Carmel River Elementary School, Carmel Middle School, and Carmel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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