NOT LISTED FOR SALE

7815 Monterra Oaks Rd Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $4,941,449 - $6,034,000

4 Beds
5 Baths
4,529 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $2,875,000 $635 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $33,487/month

20 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Vaulted Ceiling
  • Monterey High School Rated A
  • 4.34 Acre Lot
  • Radiant Floor

About This Home

As of April 2016

Escape the fog & languish in sun drenched luxury high above the blue waters & majestic coastline of the Monterey Bay. This charming ocean view country French estate is sited in the exclusive gated community of Monterra, just 10 minutes to the beach, town & shopping, yet serene & private. Flowing floorplan with master, in law suite and main living areas on the ground floor. Upstairs are 2 more oversized bedrooms and additional 590 sf finished bonus room not included in the square footage. PLUS, sale includes coveted Tehama Club social membership privileges - tennis, swimming, fitness & dining.

Last Agent to Sell the Property

Peter Butler

Carmel Realty Company License #01222453 Listed on: 02/03/2016

Co-Listed By

Connie Snowdon

Monterey Coast Realty License #00542946

Last Buyer's Agent

Marcia Bowhay

Sotheby’s International Realty License #70033877

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,748

Year Built

  • Built in 2006

Lot Details

  • 4.34 Acre Lot
  • Split Rail Fence
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Lighted Parking
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • City Lights
  • Forest

Home Design

  • French Architecture
  • Foundation Moisture Barrier
  • Raised Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Slate Roof
  • Smart Vent Roof
  • Concrete Perimeter Foundation
  • Quake Bracing
  • Stone

Interior Spaces

  • 4,529 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • <<builtInOvenToken>>
  • Gas Oven
  • Range Hood
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • <<bathWSpaHydroMassageTubToken>>
  • <<tubWithShowerToken>>
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Security Gate
  • Intercom
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 259-161-013-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area, maintenance - road, reserves, security service
  • Monterra Association
  • Built by Monterra

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,748

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: French
  • Restrictions: Age - No Restrictions, Pets - Dogs Permitted
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 4529
  • Complex Name: Monterra
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island with Sink, Microwave, Oven - Built-In, Oven Range - Gas, Pantry, Pantry Cabinet, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 4529
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm, Security Gate with Guard, Security Lights, Security Service
  • Laundry: Hookup - Electric, Gas Hookup, Tub / Sink
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Laundry Room, Office Area, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Foundation Moisture Barrier, Quake Bracing, Raised
  • Roof: Slate
  • View: Bay, City, City Lights, Forest / Woods, Ocean, Special
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back, Split Rail
  • Construction Type: Concrete, Stone, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Lighted Parking Area, Workshop in Garage

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Septic Connected, Septic Tank / Pump

Condo/Co-op/Association

  • HOA Fees: 376
  • HOA Amenities: Community Security Gate
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Reserves, Security Service
  • H O A Name Text: Monterra
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Varies, Surveyed, Views
  • Parcel Number: 259-161-013-000
  • Lot Acres: 4.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 189050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 189050.00
  • Soil: Clay

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Toilet, Smart Vent Roof, Thermostat Controller

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Apr 5, 2016
Sold by
Orsetti Paul T and Orsetti Lorraine J
Bought by
The Arola 2014 Revocable Trust
Seller's Agent
Peter Butler
Carmel Realty Company
Buyer's Agent
Marcia Bowhay
Sotheby’s International Realty
List Price
$2,975,000
Sold Price
$2,875,000
Premium/Discount to List
-$100,000
-3.36%
Current Estimated Value
$5,508,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,633,112
Avg. Annual Appreciation
7.27%
Original Mortgage
$1,500,000
Outstanding Balance
$1,155,531
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,352,581

Purchase Details

Closed on
Nov 14, 2003
Sold by
Monterra Ranch Properties Llc
Bought by
Orsetti Paul T and Orsetti Lorraine J
Source: Public Records

Range of Values:

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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
The Arola 2014 Revocable Trust $2,875,000 First American Title Company
Orsetti Paul T $900,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Arola 2014 Revocable Trust $1,500,000
Previous Owner Orsetti Paul T $593,350
Previous Owner Orsetti Paul T $647,000
Previous Owner Orsetti Paul T $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $2,875,000 -3.4% $635 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $2,975,000 -- $657 / 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 $35,748 $3,403,411 $1,183,794 $2,219,617
2024 $35,748 $3,336,679 $1,160,583 $2,176,096
2023 $35,385 $3,271,255 $1,137,827 $2,133,428
2022 $34,897 $3,207,114 $1,115,517 $2,091,597
2021 $34,387 $3,144,231 $1,093,645 $2,050,586
2020 $33,075 $3,111,992 $1,082,432 $2,029,560
2019 $34,744 $3,050,973 $1,061,208 $1,989,765
2018 $33,335 $2,991,150 $1,040,400 $1,950,750
2017 $30,846 $2,932,500 $1,020,000 $1,912,500
2016 $30,218 $2,875,000 $823,000 $2,052,000
2015 $32,133 $3,055,000 $875,000 $2,180,000
2014 $36,980 $3,508,000 $1,005,000 $2,503,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Butler

    Seller's Agent in 2016

    Peter Butler

    Carmel Realty Company

    (831) 277-7229

    4 in this area

    55 Total Sales

    Peter Butler
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Connie Snowdon

    Monterey Coast Realty

    Section Image
  • Marcia Bowhay

    Buyer's Agent in 2016

    Marcia Bowhay

    Sotheby’s International Realty

    (831) 236-0814

    32 Total Sales

    Marcia Bowhay
    Section Image
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Map

Source: MLSListings

MLS Number: ML81549254

MLSListings

APN: 259-161-013-000

California Monterey County Monterey 93923 Laguna Seca/Ryan Ranch

7815 Monterra Oaks Rd, Monterey, CA

This home is located at 7815 Monterra Oaks Rd, Monterey, CA 93940 since 03 February 2016 and is currently estimated at $5,508,112, approximately $1,216 per square foot. This property was built in 2006. 7815 Monterra Oaks Rd is a home located in Monterey County with nearby schools including Foothill Elementary School, Monte Vista Elementary School, and Monterey High School.

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