NOT LISTED FOR SALE

4000 Rio Rd Unit 50 Carmel, CA 93923

Carmel Point and Hatton Fields Neighborhood

Estimated Value: $960,000 - $1,051,000

2 Beds
2 Baths
1,040 Sq Ft
$440/mo HOA Fee

Last Sold August 17, 2018

Last sale price $720,000 $692 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,367/month

124 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Eat-In Kitchen
  • Carmel River Elementary School Rated A
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of August 2018

New Price improvement, seller motivated!! Newly remodeled single level condo in the desirable Riverwood community, centrally located to downtown, beaches and walk to the Barnyard and Crossroads for dining and shopping. This desirable 2 bed 2 bath end unit faces south, which blesses each room with abundant natural light. Beautifully remodeled, open concept, kitchen and living room boasts vaulted ceilings and new wood flooring, gas fireplace, stone counters and breakfast bar with custom cabinets. Both full baths have also been newly remodeled with subway tile throughout. New Furnace and washer & Dryer included. Enjoy quiet mornings in the sun filled patio, with mountain views. Just a short distance to community pool with expansive mountain views as a backdrop. 2 domestic pets allowed. This is a wonderful opportunity for 2nd home or owner occupant.

Last Agent to Sell the Property

Tim Huxley

David Lyng Real Estate License #01766079 Listed on: 03/17/2018

David Lyng Real Estate

Last Buyer's Agent

Robert Fontecchio

Sotheby’s International Realty License #02030985

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 1,782

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower

Pool

  • Private Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 015-541-053-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, insurance, insurance - common area, insurance - homeowners, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, pool spa or tennis, roof
  • 86 Units
  • Riverwood Community Association
  • Built by Riverwood
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$440 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 86
  • Structure Sq Ft: 1040
  • Complex Name: Riverwood
  • Year Built: 1973
  • Zoning Description: PUD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1040
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Showers over Tubs - 2+, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - Fenced
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Off-Street Parking, Unassigned Spaces

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 440
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails, Tennis Court / Facility
  • HOA Documents: CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance, Insurance - Common Area, Insurance - Homeowners, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Riverwood Community Association
  • H O A Exist: Yes

Schools

  • High School: 497

Lot Info

  • Parcel Number: 015-541-053-000
  • Lot Acres: 0.0409
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1781.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1781.00

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas
  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2020
Sold by
Medawar Chad A and Medawar Jessica
Bought by
Madison Steve L
Current Estimated Value
$988,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Outstanding Balance
$523,056
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$465,527

Purchase Details

Listed on
Mar 17, 2018
Closed on
Aug 14, 2018
Sold by
Henze Jan
Bought by
Madison Steve L and Medawar Chad A
Seller's Agent
Tim Huxley
David Lyng Real Estate
Buyer's Agent
Robert Fontecchio
Sotheby’s International Realty
List Price
$710,000
Sold Price
$720,000
Premium/Discount to List
$10,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$576,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2018
Closed on
Aug 9, 2018
Sold by
Pullsevich Christine
Bought by
Henze Jan
Seller's Agent
Tim Huxley
David Lyng Real Estate
Buyer's Agent
Robert Fontecchio
Sotheby’s International Realty
List Price
$710,000
Sold Price
$720,000
Premium/Discount to List
$10,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Pulisevich Ruth Main
Bought by
Pulisevich Christine and Henze Jan

Purchase Details

Closed on
Jun 17, 2005
Sold by
Pulisevich Ruth Main
Bought by
Pulisevich Ruth Main

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 1999
Sold by
Clydesdale Monica Kraus
Bought by
Pulisevich Ruth Main

Purchase Details

Closed on
Jun 20, 1996
Sold by
Clydesdale Robert John
Bought by
Clydesdale Monica Kraus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Madison Steve L -- Old Republic Title Company
Madison Steve L $720,000 Old Republic Title Co
Henze Jan -- Old Republc Title Co
Pulisevich Christine -- None Available
Pulisevich Ruth Main -- None Available
Pulisevich Ruth Main -- Fidelity Title
Pulisevich Ruth Main -- --
Pulisevich Ruth Main $320,000 First American Title
Clydesdale Monica Kraus -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Steve L $592,000
Closed Madison Steve L $576,000
Previous Owner Pulisevich Ruth Main $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $720,000 +1.4% $692 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $710,000 0.0% $683 / Sq Ft
07/14/2018 07/14/18 Price Changed $710,000 -3.4% $683 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $735,000 -2.0% $707 / Sq Ft
04/16/2018 04/16/18 Price Changed $750,000 -3.2% $721 / Sq Ft
03/17/2018 03/17/18 For Sale $775,000 -- $745 / 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 $9,159 $803,338 $390,351 $412,987
2024 $9,159 $787,588 $382,698 $404,890
2023 $9,149 $772,146 $375,195 $396,951
2022 $8,935 $757,007 $367,839 $389,168
2021 $8,728 $742,165 $360,627 $381,538
2020 $8,535 $734,400 $357,000 $377,400
2019 $8,363 $720,000 $350,000 $370,000
2018 $5,492 $440,887 $176,352 $264,535
2017 $5,332 $432,244 $172,895 $259,349
2016 $5,168 $423,769 $169,505 $254,264
2015 $5,071 $417,404 $166,959 $250,445
2014 $4,965 $409,229 $163,689 $245,540
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tim Huxley

    David Lyng Real Estate

    Section Image

  • R

    Buyer's Agent in 2018

    Robert Fontecchio

    Sotheby’s International Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81696646

MLSListings

APN: 015-541-053-000

California Monterey County Carmel 93923 Carmel Point and Hatton Fields

4000 Rio Rd Unit 50, Carmel, CA

Not Listed for Sale

Condos

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