NOT LISTED FOR SALE

Estimated Value: $1,346,000 - $4,012,000

3.22 Acres
$806,791 Price per Acre
140,263 Sq Ft Lot

Last Sold April 06, 2023

Last sale price $1,000,000

Est. 160% increase in value since last sale

Current estimated payment $14,686/month

72 Days on Market

Highlights

  • Gated Community
  • 3.22 Acre Lot
  • Partially Fenced Property
  • Monterey High School Rated A
  • Canyon View
  • Lot Sloped Down

About This Lot

As of April 2023

Nestled on a 3.22 acre lot with paver driveway, auto court and mature landscaping, this re-build opportunity has plans by local architect Eric Miller for a stunning modern masterpiece. Plans feature 4,389 sq. ft. of single story living space with efficient gourmet kitchen/dining combo and great room, living room, primary bedroom retreat, office, media lounge with indoor/outdoor bar that opens to patio area, sun deck, spa, outdoor fire pit feature, shower and attached four car garage with workshop. Included are plans to convert the existing detached two car garage to a one car garage with lift with a 487 sq. ft. accessory dwelling unit. Purchase of this property includes a social membership to Tehama Golf Club where members enjoy fine and casual dining venues, use of the fitness center with pools, spa, tennis/pickle ball courts, exercise room, personal trainers and organized classes. Monterra Ranch is located in a nature-rich community close to all the Monterey Peninsula has to offer.

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 01/13/2023

Last Buyer's Agent

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 01/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,956

Lot Details

  • 3.22 Acre Lot
  • Partially Fenced Property
  • Lot Sloped Down

Property Views

  • Canyon
  • Hills
  • Forest

Utilities

  • Gas Available
  • Septic Tank

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, security service
  • Monterra Ranch HOA

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$10,956

Lot Details

0

Listing Details

  • Zoning: RDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Architectural Review Committee, Design Review Required, Final Map Filed, Have Building Plans, May Not Be Subdivided
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Forest / Woods, Hills
  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Community Security Gate
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Sloped Down, Views
  • Lot Acres: 3.2200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 140263.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 140263.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Apr 3, 2023
Sold by
Roger And Julie Goulart Living Trust
Bought by
Northpointe Associates Llc
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Canning Properties
Sotheby’s International Realty
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Views
61
Current Estimated Value
$2,597,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,597,866
Avg. Annual Appreciation
46.73%

Purchase Details

Listed on
May 4, 2020
Closed on
Sep 4, 2020
Sold by
Schultz Arthur A and Schultz Suzanne L
Bought by
Goulart Roger and Goulart Julie
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$3,349,500
Sold Price
$3,150,000
Premium/Discount to List
-$199,500
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.90%

Purchase Details

Closed on
Aug 15, 2005
Sold by
Monterra Ranch Properties Llc
Bought by
Schultz Arthur A and Schultz Suzanne L

Purchase Details

Closed on
Sep 19, 2002
Sold by
Monterra Ranch Properties Llc
Bought by
Schultz Arthur A and Schultz Suzanne L
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
Northpointe Associates Llc $1,000,000 Chicago Title Company
Goulart Roger $3,150,000 Chicago Title Company
Schultz Arthur A -- Chicago Title
Schultz Arthur A $1,050,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $1,000,000 +0.5% --
03/27/2023 03/27/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $995,000 0.0% --
01/18/2023 01/18/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $995,000 -68.4% --
09/08/2020 09/08/20 Sold $3,150,000 -6.0% $705 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $3,349,500 -- $749 / 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 $10,956 $1,040,400 $832,320 $208,080
2024 $10,956 $1,020,000 $816,000 $204,000
2023 $10,030 $1,000,000 $800,000 $200,000
2022 $9,891 $906,452 $816,000 $90,452
2021 $34,450 $888,679 $800,000 $88,679
2020 $30,479 $2,874,464 $1,258,097 $1,616,367
2019 $32,015 $2,818,103 $1,233,429 $1,584,674
2018 $30,715 $2,762,847 $1,209,245 $1,553,602
2017 $28,421 $2,708,675 $1,185,535 $1,523,140
2016 $27,909 $2,655,565 $1,162,290 $1,493,275
2015 $27,507 $2,615,677 $1,144,832 $1,470,845
2014 $27,023 $2,564,441 $1,122,407 $1,442,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81916205

MLSListings

APN: 259-101-122-000