NOT LISTED FOR SALE

Estimated Value: $5,219,972 - $6,692,000

4 Beds
4.5 Baths
6,547 Sq Ft
$900/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $3,800,000 $580 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $38,588/month

60 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Wine Cellar
  • Monterey High School Rated A
  • Art Studio
  • Home Theater

About This Home

As of June 2017

Experience luxury resort living in the Sunbelt in this sublime Mediterranean estate situated on one of Monterra's most picturesque homesites. With over 6500-sq. ft. of living space on 3.47-acres, this exquisite home enchants with ultimate privacy, space, and stunning Monterey Bay views. Offering four bedrooms and four and a half baths, this fabulous floorplan was designed for style, comfort, and amazing entertaining! A Chef's kitchen and great room welcome guests with large granite island, cherry cabinetry, top-line appliances, and butler's pantry. The master suite is a serene sanctuary with sitting room, fireplace, his and her designer closets, and spa bathroom. Invite friends to party downstairs with music/dance studio, game room, 10-seat movie theater, and 1500 bottle wine cellar. A 5-star resort backyard is an entertainer's delight with heated outdoor kitchen, TV circular gas fire pit with seating for 20, putting green, and stunning ocean views. Live your dream in Monterra!

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 03/02/2017

Sotheby’s International Realty

Last Buyer's Agent

Wendy Charlton

Sotheby’s International Realty License #01994806

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,311

Year Built

  • Built in 2005

Lot Details

  • 3.47 Acre Lot
  • Partially Fenced Property
  • Secluded Lot
  • Lot Sloped Down
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as RDR

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Valley
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 6,547 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Sound
  • High Ceiling
  • 4 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Art Studio
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Marble Bathroom Countertops
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 259-161-014-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area, management fee, reserves, security service
  • Monterra Ranch Of Monterey HOA
  • Built by Monterra Ranch

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,311

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Age: 12
  • Listing Class: Residential
  • Structure Sq Ft: 6547
  • Complex Name: Monterra Ranch
  • Year Built: 2005
  • Zoning Description: RDR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Room, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Island with Sink, Microwave, Oven - Built-In, Oven Range - Built-In, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 6547
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Flooring: Hardwood, Stone, Travertine
  • Additional Rooms: Artist Studio, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater, Storage, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Pass Through, Marble, Shower and Tub, Stall Shower, Tile, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Bay, City Lights, Greenbelt, Ocean, Panoramic, Valley, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Drought Tolerant Plants, Fenced, Fire Pit, Outdoor Kitchen
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 376
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves, Security Service
  • H O A Name Text: Monterra Ranch of Monterey HOA
  • H O A Exist: Yes

Association/Amenities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Sloped Down, Private / Secluded, Views
  • Parcel Number: 259-161-014-000
  • Lot Acres: 3.4700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 151153.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 151153.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jun 20, 2017
Sold by
Oh James S and Oh Sandy H
Bought by
Tranquis Llc
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Wendy Charlton
Sotheby’s International Realty
List Price
$3,995,000
Sold Price
$3,800,000
Premium/Discount to List
-$195,000
-4.88%
Current Estimated Value
$6,288,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,488,265
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Mar 12, 2011
Sold by
Oh James S and Oh Sandy H
Bought by
Oh James S and Oh Sandy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,143,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2005
Sold by
Oh Dr James and Oh Sandy
Bought by
Oh James S and Oh Sandy H

Purchase Details

Closed on
Jun 16, 2003
Sold by
Monterra Ranch Properties Llc
Bought by
Oh Dr James and Oh Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.12%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Tranquis Llc $3,800,000 Chicago Title Company
Oh James S -- Servicelink
Oh James S -- --
Oh Dr James $832,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oh James S $1,071,000
Previous Owner Oh James S $118,000
Previous Owner Oh James S $1,143,000
Previous Owner Oh James S $1,252,000
Previous Owner Oh Dr James $1,232,000
Previous Owner Oh Dr James $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $3,800,000 -4.9% $580 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $3,995,000 -- $610 / 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 $46,311 $4,410,221 $1,044,524 $3,365,697
2024 $46,311 $4,323,747 $1,024,044 $3,299,703
2023 $45,841 $4,238,968 $1,003,965 $3,235,003
2022 $45,208 $4,155,852 $984,280 $3,171,572
2021 $44,548 $4,074,366 $964,981 $3,109,385
2020 $42,849 $4,032,590 $955,087 $3,077,503
2019 $45,011 $3,953,520 $936,360 $3,017,160
2018 $43,184 $3,876,000 $918,000 $2,958,000
2017 $24,007 $2,288,505 $1,012,243 $1,276,262
2016 $23,574 $2,243,634 $992,396 $1,251,238
2015 $21,476 $2,042,934 $977,490 $1,065,444
2014 $21,098 $2,002,917 $958,343 $1,044,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81640756

MLSListings

APN: 259-161-014-000