NOT LISTED FOR SALE

5 Mal Paso Rd Carmel, CA 93923

Carmel Highlands Neighborhood

Estimated Value: $2,443,000 - $3,915,000

3 Beds
2.5 Baths
1,974 Sq Ft
$1,694/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $1,495,000 $757 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $20,437/month

8 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Soaking Tub in Primary Bathroom
  • Carmel River Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of November 2019

Live by the ocean and enjoy the ocean views in the magnificent Carmel Highlands. Come and discover this home's value. This two level one story home on a large lot has three bedrooms, two and a half bathrooms, large living room/dining room combo, kitchen/family room combo and a bonus room. Private fenced yard for family barbecues while enjoying the family pool and soaking up the views of the pacific ocean.

Last Agent to Sell the Property

Joanne Lipham

Sotheby’s International Realty License #01850616 Listed on: 09/27/2019

Last Buyer's Agent

Joanne Lipham

Sotheby’s International Realty License #01850616 Listed on: 09/27/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.74 Acre Lot
  • West Facing Home
  • Fenced
  • Mostly Level
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,974 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Ocean Views
  • Crawl Space
  • Intercom
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub in Primary Bathroom

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 243-293-001-000

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1974
  • Year Built: 1968
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric
  • Living Sq Ft: 1974
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: Inside
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Primary - Sunken Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Pool Description: Pool - Fenced, Pool - Heated, Pool - In Ground
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Back Yard, BBQ Area, Deck, Fenced
  • Pool: Yes
  • Fencing: Fenced
  • Property Faces: West
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 243-293-001-000
  • Lot Acres: 0.7400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 32234.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 32234.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

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
Nov 22, 2021
Sold by
Finaidi Famiiy Trust
Bought by
Given Not
Current Estimated Value
$3,344,068

Purchase Details

Closed on
Aug 23, 2021
Sold by
Finaldi Vince W and Finaldi Melissa A
Bought by
Finaldi Vince W and Finaldi Melissa A

Purchase Details

Closed on
Aug 2, 2021
Sold by
Finaldi Family Trust
Bought by
County Of Monterey

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 25, 2019
Sold by
Pollard John B and The Louise E Friend Revocable
Bought by
Finaldi Vince W and Finaldi Melissa A
Seller's Agent
Joanne Lipham
Sotheby’s International Realty
Buyer's Agent
Joanne Lipham
Sotheby’s International Realty
List Price
$1,495,000
Sold Price
$1,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$745,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2001
Sold by
Friend Louise E
Bought by
Friend Louise E and Louise E Friend Revocable Trus
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
Given Not -- None Listed On Document
Finaldi Vince W -- None Available
County Of Monterey -- None Listed On Document
Finaldi Vince W $1,495,000 Old Republic Title Company
Friend Louise E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finaldi Vince W $745,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $1,495,000 0.0% $757 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $1,495,000 -- $757 / 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 $35,409 $3,486,442 $984,280 $2,502,162
2024 $35,409 $3,418,081 $964,981 $2,453,100
2023 $30,290 $3,351,060 $946,060 $2,405,000
2022 $16,032 $2,827,510 $927,510 $1,900,000
2021 $15,873 $1,510,488 $909,324 $601,164
2020 $15,535 $1,495,000 $900,000 $595,000
2019 $5,492 $531,904 $188,737 $343,167
2018 $5,391 $521,476 $185,037 $336,439
2017 $5,278 $511,252 $181,409 $329,843
2016 $5,194 $501,228 $177,852 $323,376
2015 $5,120 $493,700 $175,181 $318,519
2014 $5,066 $484,030 $171,750 $312,280
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joanne Lipham

    Sotheby’s International Realty

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Map

Source: MLSListings

MLS Number: ML81770392

MLSListings

APN: 243-293-001-000

California Monterey County Carmel 93923 Carmel Highlands

5 Mal Paso Rd, Carmel, CA

Not Listed for Sale

Detached

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