NOT LISTED FOR SALE

Estimated Value: $6,718,000 - $8,005,434

5 Beds
3.5 Baths
5,495 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $7,000,000 $1,274 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $45,996/month

91 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Aptos High School Rated A-
  • 0.48 Acre Lot
  • Vaulted Ceiling

About This Home

As of November 2021

This stunning property is for the selective few. The ones who require the delicate balance of privacy while still entertaining friends & family -The ones who understand that you dont just move to Rio del Mar, you acquire it! The lifestyle begins as you enter this gated estate & the unique architecture welcomes you home each day. This house is situated on the bluffs of Rio del Mar, showcasing the dramatic views of the Monterey Bay coastline. The beautiful kitchen has an amazing amount of counter space and a large island as it flows into the living room, displaying 1 of 4 spectacular fireplaces. This striking home also boasts a game room, fully equipped fitness room and steam bath. The entire second floor is a retreat that is set aside specifically for you. Begin each day with a cup of coffee on your private balcony while taking in the view & end each day under the stars. The fireplace solidifies the perfection of this room; but its the walk-in closet that will leave you breathless.

Last Agent to Sell the Property

Paul Locatelli

eXp Realty of California Inc License #70010146 Listed on: 07/08/2021

eXp Realty of California Inc

Last Buyer's Agent

Paul Locatelli

eXp Realty of California Inc License #70010146 Listed on: 07/08/2021

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,825

Year Built

  • 1952

Lot Details

  • 0.48 Acre Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • 5,495 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,825

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: res
  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 5495
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island With Sink, Oven - Double, Pantry, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 5495
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower And Tub, Shower Over Tub - 1, Steam Shower, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles
  • View: Bay, City Lights, Ocean, Water, Water Front
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Radiant
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 0.4820
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20996.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 23, 2021
Sold by
West Jeff
Bought by
West Maria T
Seller's Agent
Paul Locatelli
eXp Realty of California Inc
Buyer's Agent
Paul Locatelli
eXp Realty of California Inc
List Price
$9,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$2,995,000
-29.96%
Current Estimated Value
$7,234,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,859
Avg. Annual Appreciation
1.05%
Original Mortgage
$4,900,000
Outstanding Balance
$4,744,914
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$2,535,981

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 15, 2021
Sold by
Castellano Family Survivors Trust and West Maria T
Bought by
Gale Noah Sidman
Seller's Agent
Paul Locatelli
eXp Realty of California Inc
Buyer's Agent
Paul Locatelli
eXp Realty of California Inc
List Price
$9,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$2,995,000
-29.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Outstanding Balance
$4,744,914
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$2,535,981

Purchase Details

Closed on
Dec 28, 2020
Sold by
Castellano Alcario and Castellano Garcia Carmela
Bought by
Castellano Alcario and Castellano Garcia Carmela

Purchase Details

Closed on
Jun 26, 2003
Sold by
Dobbins James M and Dobbins Nanci Anne
Bought by
Castellano Alcario and Castellano Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1998
Sold by
Opprecht Jurg and Opprecht Doris
Bought by
Dobbins James M and Dobbins Nanci Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,250
Interest Rate
7.07%

Purchase Details

Closed on
May 21, 1996
Sold by
California J P Morgan and Karen Shaklee Vanbuskirk Irrev
Bought by
Opprecht Jurg and Opprecht Doris

Purchase Details

Closed on
Mar 27, 1995
Sold by
Vanbuskirk Karen
Bought by
California J P Morgan and The Karen Shaklee Van Buskirk
Source: Public Records

Range of Values:

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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
West Maria T -- First American Title Company
Gale Noah Sidman $7,000,000 First American Title
Castellano Armando R -- First American Title
Castellano Garcia Carmela -- First American Title Company
West Maria T -- First American Title
Castellano Alcario -- None Available
Castellano Alcario -- None Available
Castellano Alcario -- Santa Cruz Title Company
Dobbins James M $1,775,000 First American Title Co
Opprecht Jurg $1,600,000 Santa Cruz Title
California J P Morgan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Noah Sidman $4,900,000
Previous Owner Castellano Alcario $1,100,000
Previous Owner Dobbins James M $978,976
Previous Owner Dobbins James M $976,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $7,000,000 -12.4% $1,274 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $7,995,000 -20.0% $1,455 / Sq Ft
07/08/2021 07/08/21 For Sale $9,995,000 -- $1,819 / 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 $79,825 $7,428,456 $5,199,919 $2,228,537
2023 $78,608 $7,140,000 $4,998,000 $2,142,000
2022 $77,222 $7,000,000 $4,900,000 $2,100,000
2021 $77,661 $7,027,346 $5,582,470 $1,444,876
2020 $76,482 $6,955,289 $5,525,228 $1,430,061
2019 $75,158 $6,818,911 $5,416,891 $1,402,020
2018 $73,233 $6,685,207 $5,310,677 $1,374,530
2017 $72,684 $6,554,124 $5,206,546 $1,347,578
2016 $70,768 $6,425,612 $5,104,457 $1,321,155
2015 $70,568 $6,329,093 $5,027,783 $1,301,310
2014 $69,026 $6,205,115 $4,929,296 $1,275,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81852552

MLSListings

APN: 043-161-52-000