NOT LISTED FOR SALE

Estimated Value: $2,495,000 - $5,189,000

5 Beds
5.5 Baths
5,722 Sq Ft
$699/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $3,400,000 $594 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $22,814/month

56 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Primary Bedroom Suite
  • Monterey High School Rated A
  • Wine Cellar
  • Gated Community

About This Home

As of March 2020

Privately sited on a 5.8-acre lot in Monterra with spectacular views to Monterey Bay and city lights, this beautifully appointed 5,700 sq. ft. Mediterranean estate is nestled at the end of a circular drive in a fairy tale setting. Upon entry, one is captivated by abundant light, soaring ceilings, exhibition kitchen and luxurious open concept living spaces that feature travertine and hardwood flooring, mahogany beams, custom wrought iron accents, limestone fireplace, French doors to a gorgeous back patio area with sweeping views of the bay, gorgeous gardens and an outdoor fireplace. The well-designed floor plan features main level living with a lavish master retreat and separate guest master anchored at different ends of the home. Two second story en-suite bedrooms that share a sitting room and an enchanting guest suite on the lower level with its own separate entrance. A three-car garage, radiant heat and abundant storage are additional features that make this home the ideal retreat.

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 12/20/2019

Sotheby’s International Realty

Last Buyer's Agent

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 12/20/2019

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2010

Lot Details

  • 5.88 Acre Lot
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • City Lights
  • Golf Course
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Garden

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,722 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Utility Room
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Jetted Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

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

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Zoned Heating
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include insurance - common area, maintenance - common area, maintenance - road, management fee, security service
  • Monterra Ranch HOA

Amenities

  • Clubhouse
  • Planned Social Activities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

2010

Lot Details

0

HOA Fees

$376 per month

Parking

3

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 168
  • Structure Sq Ft: 5722
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island With Sink, Microwave, Oven - Double, Oven Range - Gas, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5722
  • Stories: 3
  • Security: Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreate - 2+, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom, Walk-In Closet
  • Laundry: In Utility Room, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Tile, Travertine, Wood
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Granite, Half On Ground Floor, Primary - Tub With Jets, Stall Shower - 2+, Tub In Primary Bedroom, Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Clay, Tile
  • View: Bay, Canyon, City Lights, Garden / Greenbelt, Golf Course, Hills, Mountains, Ocean, Valley, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Sprinklers - Auto, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Heating - 2+ Zones, Radiant Floors

Condo/Co-op/Association

  • Complex Name: Monterra Ranch HOA
  • HOA Fees: 376
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Gym / Exercise Facility, Organized Activities, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Association/Amenities

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

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 5.8800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 256133.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 256133.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Benzing Jeffrey C and Benzing Victoria S
Bought by
Benzing Jeffrey C and Benzing Victoria S
Current Estimated Value
$4,000,282

Purchase Details

Listed on
Dec 20, 2019
Closed on
Mar 16, 2020
Sold by
Norton John P and Norton Lillian J
Bought by
Benzing Jeffrey C and Benzing Victoria S
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$3,595,000
Sold Price
$3,400,000
Premium/Discount to List
-$195,000
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Tomassini Development Llc
Bought by
The Norton Family Living Trust

Purchase Details

Closed on
Jun 10, 2009
Sold by
Sneeden Albert C and Matheson Bonnie L
Bought by
Emerson Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,555,228
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2005
Sold by
Monterra Ranch Properties Llc
Bought by
Sneeden Albert C and Matheson Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.74%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benzing Jeffrey C -- None Available
Benzing Jeffrey C $3,400,000 Chicago Title Company
The Norton Family Living Trust $2,723,227 None Available
Emerson Development Llc $1,300,000 First American Title Company
Sneeden Albert C $750,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emerson Development Llc $3,555,228
Previous Owner Sneeden Albert C $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $3,400,000 -5.4% $594 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $3,595,000 -- $628 / 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 $19,974 $1,907,044 $591,182 $1,315,862
2024 $19,974 $1,869,652 $579,591 $1,290,061
2023 $19,769 $1,832,993 $568,227 $1,264,766
2022 $19,495 $1,797,053 $557,086 $1,239,967
2021 $37,489 $3,625,224 $1,111,396 $2,513,828
2020 $39,307 $3,698,954 $1,681,343 $2,017,611
2019 $41,290 $3,626,426 $1,648,376 $1,978,050
2018 $39,615 $3,555,320 $1,616,055 $1,939,265
2017 $36,656 $3,485,609 $1,584,368 $1,901,241
2016 $35,986 $3,417,264 $1,553,302 $1,863,962
2015 $35,469 $3,365,934 $1,529,970 $1,835,964
2014 $34,747 $3,292,749 $1,474,190 $1,818,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81777665

MLSListings

APN: 259-111-024-000