NOT LISTED FOR SALE

Estimated Value: $5,661,000 - $7,687,000

1.02 Acres
$6,335,587 Price per Acre
44,431 Sq Ft Lot

Last Sold July 16, 2015

Last sale price $1,400,000

Est. 362% increase in value since last sale

Current estimated payment $38,438/month

53 Days on Market

Highlights

  • 1.02 Acre Lot
  • Sage Canyon School Rated A+
  • Partially Fenced Property

About This Lot

As of July 2015

Last Lot Available within The Ridge Estates. This is the largest lot on the south side of the development, over 1-acre, with a buildable pad size of 28,234 square feet. All utilities are to the site ready to go. The architectural guidelines allow for flexibility and the pad size will allow you to create what you are not finding on the open market in Carmel Valley. The last remaining lot surrounded by architecturally significant homes may bring instant equity for the one who decides to build. Neighborhoods: The Ridge Estates Other Fees: 0 Sewer: Sewer Available

Last Agent to Sell the Property

Mike Mullins

Coldwell Banker West License #01445632 Listed on: 04/08/2015

Coldwell Banker West

Co-Listed By

Don Conley

Coldwell Banker West License #00413822

Last Buyer's Agent

Mike Mullins

Coldwell Banker West License #01445632 Listed on: 04/08/2015

Coldwell Banker West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,787

Lot Details

  • 1.02 Acre Lot
  • Partially Fenced Property
  • The property's topography is level

HOA Fees

  • $267 Monthly HOA Fees

Community Details

  • The Ridge Estates Association, Phone Number (619) 922-5701

Listing and Financial Details

  • Assessor Parcel Number 3082300900

Property Details

Property Type

Land

Est. Annual Taxes

$38,787

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Subdivision Name Other: Carmel Valley
  • Property Type: Land
  • Parcel Number: 3082300900
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 31.51

Exterior Features

  • Fence: Yes
  • Fencing: Partial

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 267.00
  • Association Fee Frequency: Monthly
  • Association Name: The Ridge Estates
  • Phone: 619-922-5701

Lot Info

  • Topography: Level
  • Lot Size Sq Ft: 44431.20
  • Lot Size Acres: 1.0200

Multi Family

  • Lot Size Area: 1.0200 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 22, 2015
Sold by
Carmel View Llc
Bought by
Cabanas Ramirez Trust
Seller's Agent
Mike Mullins
Coldwell Banker West
Buyer's Agent
Mike Mullins
Coldwell Banker West
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$6,462,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,062,299
Avg. Annual Appreciation
16.04%
Original Mortgage
$2,700,000
Outstanding Balance
$2,116,319
Interest Rate
3.85%
Mortgage Type
Construction
Estimated Equity
$4,199,951
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cabanas Ramirez Trust $1,400,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabanas Ramirez Trust $1,000,000
Closed The Cabanas Ramirez Trust $500,000
Closed Cabanas Juan Ignacio $250,000
Open Cabanas Ramirez Trust $2,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2015 07/16/15 Sold $1,400,000 0.0% --
05/31/2015 05/31/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,400,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $38,787 $3,698,508 $1,686,329 $2,012,179
2024 $38,787 $3,625,989 $1,653,264 $1,972,725
2023 $37,935 $3,554,893 $1,620,848 $1,934,045
2022 $37,329 $3,485,190 $1,589,067 $1,896,123
2021 $35,952 $3,416,854 $1,557,909 $1,858,945
2020 $36,270 $3,381,819 $1,541,935 $1,839,884
2019 $35,556 $3,315,509 $1,511,701 $1,803,808
2018 $33,982 $3,250,500 $1,482,060 $1,768,440
2017 $23,790 $2,273,000 $1,453,000 $820,000
2016 $14,464 $1,400,000 $1,400,000 $0
2015 $7,446 $719,553 $719,553 $0
2014 -- $705,458 $705,458 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150018508

California Regional Multiple Listing Service (CRMLS)

APN: 308-230-09