NOT LISTED FOR SALE

Estimated Value: $1,240,287 - $3,017,000

0.67 Acre
$3,128,839 Price per Acre
29,185 Sq Ft Lot

Last Sold January 19, 2018

Last sale price $780,000

Est. 169% increase in value since last sale

Current estimated payment $11,737/month

245 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Carmel River Elementary School Rated A

About This Lot

As of January 2018

Opportunity knocks with this Carmel Highlands blank canvas. This gently sloped, sunny lot boasts expansive ocean views along with filtered white water shots of the infamous Pacific coastline. This desirable property features: Southern exposure, 5 minutes to town, tons of sun, corner lot and walking distance to the Highlands Inn. Water well is on site, allocated with 1/2 acre feet of water. Do not miss this opportunity to build your custom oasis on one the the best pieces of land in Carmel.

Last Agent to Sell the Property

Pete Ruiz

KW Coastal Estates License #01974535 Listed on: 03/26/2017

KW Coastal Estates

Last Buyer's Agent

Shanne Carvalho

Christie's International Real Estate Sereno License #01339231

Christie's International Real Estate Sereno

Property Details

Property Type

  • Land

Lot Details

  • 0.67 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Property Views

  • Ocean Views

Utilities

  • Well
  • Septic Permit Required

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: RES LOT
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Improvements - Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Septic Required

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 0.6700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 29185.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 29185.00
  • Parcel Access: Private Road

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2017
Closed on
Jan 17, 2018
Sold by
Kashfi Christine and Kashfi Richard
Bought by
Hull James M and Hull Lillian Y
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Shanne Carvalho
Christie's International Real Estate Sereno
List Price
$895,000
Sold Price
$780,000
Premium/Discount to List
-$115,000
-12.85%
Current Estimated Value
$2,096,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,316,322
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
May 29, 2013
Sold by
Kashfi Christine
Bought by
Kashfi Christine and Kashfi Richard

Purchase Details

Closed on
Sep 14, 2006
Sold by
Kashfi Rick
Bought by
Kashfi Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
7.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2006
Sold by
Reynolds Olivia L Alves and Alves Allen
Bought by
Kashfi Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
7.5%
Mortgage Type
Construction
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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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
Hull James M $780,000 Chicago Title Co
Kashfi Christine -- None Available
Kashfi Christine -- First American Title Co
Kashfi Christine -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kashfi Christine $2,100,000
Previous Owner Kashfi Christine $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $780,000 -12.8% --
11/27/2017 11/27/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $895,000 -- --
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 $9,034 $887,505 $887,505 --
2024 $9,034 $870,103 $870,103 --
2023 $8,987 $853,043 $853,043 $0
2022 $8,691 $836,317 $836,317 --
2021 $8,605 $819,919 $819,919 $0
2020 $8,421 $811,512 $811,512 $0
2019 $8,260 $795,600 $795,600 $0
2018 $2,366 $226,350 $226,350 $0
2017 $2,364 $226,350 $226,350 $0
2016 $2,326 $221,912 $221,912 $0
2015 $2,294 $218,579 $218,579 $0
2014 $2,270 $214,298 $214,298 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81643942

MLSListings

APN: 241-052-001-000