NOT LISTED FOR SALE

Estimated Value: $3,728,000 - $5,411,000

3 Beds
2 Baths
2,091 Sq Ft
$2,067/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $3,025,000 $1,447 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $26,477/month

128 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Burning Stove
  • Rio Del Mar Elementary School Rated 9+
  • Deck
  • Contemporary Architecture

About This Home

As of January 2014

beach front home located behind the private gates on beach drive. Single level 3 bedroom 2 bath. Nautical theme with lovely Red-wood interior in livingroom, kitchen and master bedroom. High ceilings, all new treks decking in 2012. 2000 square feet with roof top deck.

Last Agent to Sell the Property

Randy Maldonado

Cheshire-rio Realty License #01109696 Listed on: 08/13/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 8,276

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Shake Roof

Interior Spaces

  • 2,091 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Stove
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Tile Flooring
  • Storm Doors

Kitchen

  • Built-In Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Thermostat
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Zoning described as RB

Community Details

  • Property has a Home Owners Association
  • Rio Surf And Sand Association

Listing and Financial Details

  • Assessor Parcel Number 043-152-061

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 1446.68
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2091
  • Barclay Horizontal: 87
  • Barclays Page: 58
  • Map Book Page: 33
  • Map Book Page Secondary: 58
  • Map Side Coordinate: 8
  • Map Side Coordinate Secondary: 65
  • Map Top Coordinate: C
  • Map Top Coordinate Secondary: 87
  • Thomas Bros Page: 33
  • Thomas Brothers: C8
  • Year Built: 1983
  • Zoning Description: RB
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Stove, Yes
  • Dining Room: Dining Area in Living Room, Dining "L"
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Trash Compactor, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2091
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile
  • Additional Rooms: Loft
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Foundation Pillars
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Bay, Ocean
  • Yard/Grounds: BBQ Area, Deck
  • Exterior: Wood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Gas - Natural, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 500
  • H O A Name Text: rio surf and sand
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 043-152-061
  • Lot Location: Oceanfront
  • List Price per Sq Ft: 1549.50
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8276.00
  • Lot Size Area Min Search: 8276.00
  • Maximum Lot Size: 8276.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Low Flow Toilet, Double Pane Windows, Skylight, Thermostat Controller, Storm Doors

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Pajaro Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jan 23, 2014
Sold by
Rathmann Richard G and Rathmann Family 1989 Revocable
Bought by
Thurman Street Company Llc
Seller's Agent
Randy Maldonado
Cheshire-rio Realty
List Price
$3,600,000
Sold Price
$3,025,000
Premium/Discount to List
-$575,000
-15.97%
Current Estimated Value
$4,322,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,297,266
Avg. Annual Appreciation
2.98%
Original Mortgage
$2,268,750
Outstanding Balance
$1,716,719
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,605,547

Purchase Details

Closed on
Jul 24, 2006
Sold by
Hatch Sharon L and Hatch Non Exempt Marital Trust
Bought by
Rathmann George B and Rathmann Frances Joy

Purchase Details

Closed on
May 2, 2005
Sold by
Hatch Sharon L and Hatch Qualified Personal Resid
Bought by
Hatch Sharon L and Hatch Remainder Trust 4
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thurman Street Company Llc $3,025,000 Stewart Title Of Ca Inc
Rathmann George B $2,700,000 Old Republic Title Company
Hatch Sharon L -- --
Hatch Sharon L -- --
Hatch Sharon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thurman Street Company Llc $2,268,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $3,025,000 -6.6% $1,447 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
09/19/2013 09/19/13 Price Changed $3,240,000 -10.0% $1,549 / Sq Ft
08/13/2013 08/13/13 For Sale $3,600,000 -- $1,722 / Sq Ft
Source: MLSListings

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 $40,562 $3,708,238 $3,337,414 $370,824
2023 $39,909 $3,564,242 $3,207,818 $356,424
2022 $39,181 $3,494,356 $3,144,920 $349,436
2021 $38,419 $3,425,838 $3,083,254 $342,584
2020 $37,827 $3,390,711 $3,051,640 $339,071
2019 $37,170 $3,324,226 $2,991,803 $332,423
2018 $36,210 $3,259,046 $2,933,141 $325,905
2017 $35,930 $3,195,143 $2,875,629 $319,514
2016 $34,991 $3,132,493 $2,819,244 $313,249
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81329746

MLSListings

APN: 043-152-61-000

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