NOT LISTED FOR SALE

5500 Quail Meadows Dr Carmel, CA 93923

Estimated Value: $4,850,000 - $6,064,792

8 Beds
6.5 Baths
8,218 Sq Ft
$633/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2021

Last sale price $3,260,000 $397 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $31,504 / mo

157 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Recreation Facilities
  • Tularcitos Elementary School Rated A
  • 4 Fireplaces
  • Formal Dining Room

About This Home

As of May 2021

Behind the gates of Quail Meadows awaits this lavish Mediterranean home with views of Carmel Valley. This 8,200+ square foot home creates a comfortable and spacious family retreat with 8 bedrooms, 6.5 baths, a formal dining room, game room, library, eat-in kitchen, abundant storage, plus several rooms that provide options for home offices. Enjoy privacy and views from the balconies, overlooking a luxurious pool, spa and cozy fire-pit. Just a short drive from the world-class dining and shopping experiences in Carmel, Pebble Beach, and Carmel Valley. The Quail Meadows gated community offers a unique lifestyle in the sunbelt just a few miles from the beach and next to the Quail Lodge & Golf Club, providing an ideal combination of elegance, privacy & accessibility. Accented throughout with top-quality amenities, you will know you have arrived and are at home in Carmel Valley's true lap of luxury.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 08/25/2020

Coldwell Banker Realty

Last Buyer's Agent

Bambace Peterson

Compass License #70010145

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2003

Lot Details

  • 5

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,218 Sq Ft Home
  • 4 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Private Pool
  • 5 Acre Lot

Community Details

Overview

  • Association fees include common area electricity, fencing, insurance - common area, insurance - hazard, maintenance - common area, maintenance - road, management fee, recreation facility, reserves, security service
  • Terra Vista Association
  • Greenbelt

Recreation

  • Recreation Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

2003

Lot Details

5 Acres

HOA Fees

$337 per month

Parking

3

Listing Details

  • Zoning: LDR/B-6-D-S-RAZ
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 56
  • Structure Sq Ft: 8218
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 8218
  • Fireplaces Min: 4
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Quail Meadows
  • HOA Fees: 1011
  • HOA Amenities: Community Security Gate, Garden / Greenbelt / Trails, Recreation Room
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Common Area Electricity, Fencing, Insurance - Common Area, Insurance - Hazard, Maintenance - Common Area, Maintenance - Road, Management Fee, Recreation Facility, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Terra Vista

Lot Info

  • Lot Acres: 5.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 217800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 217800.00

Multi Family

  • Utilities: Public Utilities

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Apr 26, 2021
Sold by
Bought by
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Bambace Peterson
Compass
List Price
$3,695,000
Sold Price
$3,260,000
Premium/Discount to List
-$435,000
-11.77%
Current Estimated Value
$5,201,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,948
Avg. Annual Appreciation
9.54%
Original Mortgage
$2,282,000
Outstanding Balance
$2,064,828
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,137,120

Purchase Details

Closed on
Jun 24, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.19%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,260,000 Old Republic Title Company
-- None Available
-- First American Title
-- First American Title
-- First American Title
-- First American Title
-- First American Title
$3,250,000 Old Republic Title
$950,000 Chicago Title Co
$655,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,282,000
Previous Owner $2,000,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $3,260,000 -11.8% $397 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $3,695,000 -- $450 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $36,832 $3,528,726 $1,298,917 $2,229,809
2024 $36,832 $3,459,537 $1,273,449 $2,186,088
2023 $36,884 $3,391,704 $1,248,480 $2,143,224
2022 $35,761 $3,325,200 $1,224,000 $2,101,200
2021 $47,002 $3,260,000 $1,200,000 $2,060,000
2020 $45,998 $4,333,500 $1,625,060 $2,708,440
2019 $45,112 $4,248,531 $1,593,197 $2,655,334
2018 $44,235 $4,165,227 $1,561,958 $2,603,269
2017 $43,276 $4,083,557 $1,531,332 $2,552,225
2016 $42,549 $4,003,488 $1,501,306 $2,502,182
2015 -- $3,943,352 $1,478,755 $2,464,597
2014 -- $3,866,108 $1,449,789 $2,416,319
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2021

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    333 Total Sales

    Tim Allen
    Section Image
  • Bambace Peterson

    Buyer's Agent in 2021

    Bambace Peterson

    Compass

    (831) 200-3178

    163 Total Sales

    Bambace Peterson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81807732

MLSListings

APN: 157-171-055-000

California Monterey County Carmel 93923

5500 Quail Meadows Dr, Carmel, CA

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