NOT LISTED FOR SALE

4000 Rio Rd Unit 40 Carmel, CA 93923

Estimated Value: $1,091,000 - $1,383,000

2 Beds
2.5 Baths
1,363 Sq Ft
1,098 Sq Ft Lot

Last Sold June 05, 2019

Last sale price $714,000 $524 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,028/month

122 Days on Market

Highlights

  • Heated Pool
  • Mountain View
  • Contemporary Architecture
  • Carmel River Elementary School Rated A+
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2019

Lovely renovated condo in the desirable Riverwood Community, this two-story end-unit home has two bedrooms, a loft/family room that can easily be converted to a third bedroom, two and a half baths, attached garage, courtyard and deck. A chefs delight, the kitchen has new stainless steel appliances, 6 burner gas stove, granite counters, new cabinets and tile backsplash. There are new hardwood floors and carpet. The living room has a remote controlled gas fireplace and adjustable lighting fixtures. There are also new interior and exterior doors, new roof and new patio pavers on courtyard and deck. The back deck features a fountain and BBQ. This home has some of the best views in the complex, across lush green lawns, swimming pool, and over to the mountains. Easy access to trails, shops, restaurants, wine tasting and activities at the Barnyard, and Carmel Crossroads. The complex allows two domestic pets and is in the Carmel school District.

Last Agent to Sell the Property

Jeannie Fromm

Sotheby’s International Realty License #01348162 Listed on: 01/07/2019

Sotheby’s International Realty

Last Buyer's Agent

Matthew Velasquez

Intero Real Estate Services License #01968946

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,162

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • South Facing Home
  • Gated Home
  • Back and Front Yard Fenced
  • Wood Fence
  • Drought Tolerant Landscaping

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,363 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Den
  • Mountain Views
  • Window Bars With Quick Release

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Pool

  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 015-541-040-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - road, pool spa or tennis, roof
  • 86 Units
  • Riverwood Community Association
  • Built by Riverwood

Recreation

  • Community Pool

Additional Features

  • Courtyard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,162

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 46
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 86
  • Structure Sq Ft: 1363
  • Complex Name: Riverwood
  • Year Built: 1973
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Gas Burning, Gas Log, Gas Starter, Living Room
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Ice Maker, Microwave, Oven - Gas, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 1363
  • Stories: 2
  • Security: Fire Alarm, Window Bars with Quick Release
  • Laundry: Electricity Hookup (220V), In Garage
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Dual Flush Toilet, Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Pool Description: Community Facility, Pool - Fenced, Pool - Heated
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Balcony / Patio, BBQ Area, Courtyard, Deck, Drought Tolerant Plants, Fenced
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Gate, Wood
  • Property Faces: South
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 440
  • HOA Documents: Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Riverwood Community Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 015-541-040-000
  • Lot Acres: 0.0252
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1096.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1096.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
May 30, 2019
Sold by
Tatsch Lynette M
Bought by
Sobol Family Trust
Seller's Agent
Jeannie Fromm
Sotheby’s International Realty
Buyer's Agent
Matthew Velasquez
Intero Real Estate Services
List Price
$738,000
Sold Price
$714,000
Premium/Discount to List
-$24,000
-3.25%
Current Estimated Value
$1,144,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,099
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Tatsch Byron L
Bought by
Tatsch Lynette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 22, 2013
Sold by
Robinson Karen J
Bought by
Tatsch Byron L and Tastch Lynette M
Seller's Agent
Pat Parrish
Coldwell Banker Realty
Buyer's Agent
Jeannie Fromm
Alain Pinel Realtors
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Jul 26, 2005
Sold by
Robinson Karen J
Bought by
Robinson Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2001
Sold by
Gaylor Susan E and Gaylor Susan
Bought by
Gaylor Susan

Purchase Details

Closed on
Dec 12, 2000
Sold by
Robinson Karen J
Bought by
Robinson Karen J
Source: Public Records

Range of Values:

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Average Value
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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
Sobol Family Trust $714,000 Chicago Title Company Salina
Tatsch Lynette M -- None Available
Tatsch Byron L $400,000 Old Republic Title
Robinson Karen J -- First American Title
Robinson Karen J -- --
Gaylor Susan -- --
Robinson Karen J -- --
Robinson Karen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tatsch Lynette M $80,000
Previous Owner Tatsch Lynette M $200,000
Previous Owner Robinson Karen J $315,000
Previous Owner Robinson Karen J $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $714,000 -3.3% $524 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $738,000 0.0% $541 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $738,000 +84.5% $541 / Sq Ft
05/29/2013 05/29/13 Sold $400,000 +0.3% $293 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $399,000 0.0% $293 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/24/2013 04/24/13 Price Changed $399,000 -6.1% $293 / Sq Ft
04/11/2013 04/11/13 For Sale $425,000 -- $312 / 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 $9,162 $796,476 $334,654 $461,822
2024 $9,162 $780,860 $328,093 $452,767
2023 $9,153 $765,550 $321,660 $443,890
2022 $8,941 $750,540 $315,353 $435,187
2021 $8,735 $735,824 $309,170 $426,654
2020 $8,544 $728,280 $306,000 $422,280
2019 $5,551 $441,560 $220,780 $220,780
2018 $5,409 $432,902 $216,451 $216,451
2017 $5,251 $424,414 $212,207 $212,207
2016 $5,088 $416,094 $208,047 $208,047
2015 $4,992 $409,844 $204,922 $204,922
2014 $4,887 $401,816 $200,908 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81734401

MLSListings

APN: 015-541-040-000