NOT LISTED FOR SALE

4 Ohlone Trace Carmel, CA 93923

Estimated Value: $4,484,000 - $5,446,478

28.35 Acres
$173,762 Price per Acre
1,234,926 Sq Ft Lot

Last Sold May 12, 2015

Last sale price $1,130,000

Est. 336% increase in value since last sale

Current estimated payment $31,435/month

343 Days on Market

About This Lot

As of May 2015

Very private but convenient to amenities, this full time equestrian site offers a panoramic view of the surrounding mountain landscape. With over 4 acres of graded building envelope, there are unlimited building options. This site also allows for a 600 sq ft Guest House and 1200 sq ft Caretaker Cottage.

Last Agent to Sell the Property

Kristine McAulay

Preserve Homes and Land, Inc. License #01824908 Listed on: 05/05/2014

Last Buyer's Agent

Mark Baxter

Preserve Homes and Land, Inc. License #01800234

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Horse Property
  • Underground Utilities

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: RC40
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Architectural Review Committee
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Yes
  • Horse Property Description: Unimproved

Condo/Co-op/Association

  • HOA Documents: Cc&rs

Schools

  • High School: 497

Lot Info

  • Lot Number: 134
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 28.35
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 1234926.00
  • Lot Size Area Min Search: 1234926.00
  • Maximum Lot Size: 28.35
  • Parcel Access: Paved Road, Private Road

Rental Info

  • Lease Amount: 1395000

Multi Family

  • Utilities: Underground - On Site, Bottled Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
May 6, 2015
Sold by
Hill Nancy L
Bought by
Hamilton Family Living Trust
Seller's Agent
Kristine McAulay
Preserve Homes and Land, Inc.
Buyer's Agent
Mark Baxter
Preserve Homes and Land, Inc.
List Price
$1,395,000
Sold Price
$1,130,000
Premium/Discount to List
-$265,000
-19%
Current Estimated Value
$4,926,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,796,159
Avg. Annual Appreciation
14.84%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Monterey County Bank
Bought by
Hill Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 2011
Sold by
Pacific Gem Associates Llc
Bought by
Monterey County Bank

Purchase Details

Closed on
Dec 24, 2002
Sold by
Olson David E and Olson Camilla M
Bought by
Pacific Gem Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 13, 2000
Sold by
Rancho San Carlos Partnership Lp
Bought by
Olson David E and Olson Camilla M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamilton Family Living Trust $1,130,000 First American Title Company
Hill Nancy L $1,050,000 First American Title Company
Monterey County Bank $1,394,414 First American Title Company
Pacific Gem Associates Llc -- First American Title
Olson David E $1,900,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Nancy L $682,500
Previous Owner Pacific Gem Associates Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2015 05/12/15 Sold $1,130,000 -19.0% --
04/13/2015 04/13/15 Pending -- -- --
05/05/2014 05/05/14 For Sale $1,395,000 -- --
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 $67,501 $4,196,822 $1,358,091 $2,838,731
2024 $67,501 $4,114,532 $1,331,462 $2,783,070
2023 $65,426 $4,033,855 $1,305,355 $2,728,500
2022 $63,201 $3,954,760 $1,279,760 $2,675,000
2021 $34,522 $3,929,667 $1,254,667 $2,675,000
2020 $32,066 $1,241,802 $1,241,802 $0
2019 $31,084 $1,217,453 $1,217,453 $0
2018 $31,752 $1,170,176 $1,170,176 $0
2017 $31,083 $1,170,176 $1,170,176 $0
2016 $27,784 $1,147,232 $1,147,232 $0
2015 $26,448 $1,075,841 $1,075,841 $0
2014 $25,993 $1,054,767 $1,054,767 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81415277

MLSListings

APN: 239-071-002-000