NOT LISTED FOR SALE

Estimated Value: $5,068,746 - $5,449,000

4 Beds
4.5 Baths
3,950 Sq Ft
$1,332/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $4,550,000 $1,152 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $33,182/month

129 Days on Market

Highlights

  • Gated with Attendant
  • Bay View
  • 3.16 Acre Lot
  • Monterey High School Rated A
  • Primary Bedroom Suite
  • Craftsman Architecture

About This Home

As of October 2023

Take in amazing views of Monterey Bay from the privacy of this single-level modern craftsman home set on over three acres of forest near the very top of Monterra Ranch, an exclusive gated community. The stunning copper entrance door sets the stage for luxurious living, where you'll find expansive picture windows in the living room, a dry stack fireplace, and a handsomely crafted wet bar. The kitchen is equipped with top-of-the-line appliances and hickory cabinets. The primary suite offers a cozy fireplace, office with built-ins, a tastefully finished walk-in closet, and a spa-like bath. You and your guests can enjoy outdoor living on the beautifully planted patio with its gas grill and fireplace or on the guest house wrap-around deck with Bay views. The home features radiant heat, and beautifully designed natural limestone and hickory floors. You'll feel like you're in a private oasis, but you'll also have easy access to the neighboring Tehama clubhouse, fitness center, pool, and golf.

Last Agent to Sell the Property

David Kent

Carmel Realty Company License #00847665 Listed on: 05/24/2023

Co-Listed By

Therese Kent

Monterey Coast Realty License #01915769

Last Buyer's Agent

Norm Yop

Agency One Real Estate License #00407139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,732

Year Built

  • Built in 2012

Lot Details

  • 3.16 Acre Lot
  • North Facing Home
  • Sprinklers on Timer
  • Grass Covered Lot
  • Zoning described as R1

HOA Fees

  • $450 Monthly HOA Fees

Parking

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

Property Views

  • Bay
  • Skyline
  • Forest
  • Garden

Home Design

  • Craftsman Architecture
  • Modern Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,950 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Beamed Ceilings
  • High Ceiling
  • Whole House Fan
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Mud Room
  • Great Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Den
  • Crawl Space

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Alarm System
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Outside Bathroom Access
  • Balcony
  • Deck
  • Outdoor Fireplace
  • Barbecue Area

Additional Homes

  • 592 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Power Generator
  • Individual Gas Meter
  • Water Filtration System
  • Tankless Water Heater
  • Water Purifier is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 259-161-007-000

Community Details

Overview

  • Association fees include insurance - common area, maintenance - common area, maintenance - road, management fee, reserves
  • Monterra Ranch Of Monterey Association
  • Built by Monterra Ranch

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,732

Year Built

Built in 2012

Lot Details

0

HOA Fees

$450 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman, Modern / High Tech
  • Restrictions: Age - No Restrictions
  • Age: 11
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 592
  • Structure Sq Ft: 3950
  • Complex Name: Monterra Ranch
  • Year Built: 2012
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Log, Gas Starter, Living Room, Outside, Primary Bedroom, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Pantry, Skylight, Warming Drawer
  • Living Sq Ft: 3950
  • Security: Fire System - Sprinkler, Security Alarm, Security Gate with Guard
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, In Utility Room, Inside, Tub / Sink, Washer
  • Flooring: Hardwood, Marble, Travertine
  • Additional Rooms: Den / Study / Office, Great Room, Laundry Room, Mud Room, Office Area, Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Half on Ground Floor, Marble, Outside Access, Primary - Oversized Tub, Primary - Stall Shower(s), Skylight, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Metal
  • View: Bay, City Lights, Forest / Woods, Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio, BBQ Area, Deck, Low Maintenance, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn
  • Property Faces: North
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Room for Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Whole House / Attic Fan
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Existing Septic, Septic Tank / Pump, Special

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Community Security Gate
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Reserves
  • H O A Name Text: Monterra Ranch of Monterey
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, Floor Drain, High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Walk-in Closet, Wet Bar

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Foothill Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 536
  • Middle School: 37460

Lot Info

  • Lot Description: Views
  • Parcel Number: 259-161-007-000
  • Lot Acres: 3.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 137650.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 137650.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Lighting, Insulation - Per Owner, Low Flow Shower, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Generator, Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Second Unit Description: Guest House

MLS Schools

  • High School District Text: Monterey Peninsula Unified
  • Elementary School Text: Foothill Elementary
  • High School Text: Monterey High
  • Middle School Text: Walter Colton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Nurge Richard John
Bought by
Nurge 2007 Revocable Trust and Nurge
Current Estimated Value
$5,261,937

Purchase Details

Listed on
May 24, 2023
Closed on
Oct 19, 2023
Sold by
Nurge Deanna Maxine
Bought by
Nurge Richard John
Seller's Agent
David Kent
Carmel Realty Company
Buyer's Agent
Norm Yop
Agency One Real Estate
List Price
$4,995,000
Sold Price
$4,550,000
Premium/Discount to List
-$445,000
-8.91%
Views
451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Jan 25, 2023
Sold by
Knepp-Degani Living Trust
Bought by
Dennis L Knepp Living Trust

Purchase Details

Closed on
Dec 5, 2018
Sold by
Knepp Dennis L
Bought by
Knepp Dennis L

Purchase Details

Closed on
Oct 18, 2018
Sold by
Knepp Dennis L
Bought by
Knepp Dennis L

Purchase Details

Closed on
Oct 30, 2012
Sold by
Knepp Dennis L and Knepp Janis
Bought by
Knepp Dennis L and Knepp Janis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Monterra Ranch Properties Llc
Bought by
Knepp Dennis L and Knepp Janis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Nurge 2007 Revocable Trust -- None Listed On Document
Nurge Richard John -- Chicago Title Company
Nurge Richard John $4,550,000 Chicago Title
Dennis L Knepp Living Trust -- --
Knepp Dennis L -- None Available
Knepp Dennis L -- None Available
Knepp Dennis L -- None Available
Knepp Dennis L -- Chicago Title Company
Knepp Dennis L -- Chicago Title Company
Knepp Dennis L $1,000,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knepp Dennis L $342,000
Previous Owner Knepp Dennis L $417,000
Previous Owner Knepp Dennis L $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $4,550,000 -5.2% $1,152 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $4,800,000 -3.9% $1,215 / Sq Ft
06/15/2023 06/15/23 For Sale $4,995,000 0.0% $1,265 / Sq Ft
06/15/2023 06/15/23 Price Changed $4,995,000 +15.0% $1,265 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $4,345,000 -- $1,100 / 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 $48,732 $4,641,000 $1,530,000 $3,111,000
2024 $48,732 $4,550,000 $1,500,000 $3,050,000
2023 $31,185 $4,550,000 $1,500,000 $3,050,000
2022 $30,752 $2,832,817 $1,313,518 $1,519,299
2021 $30,302 $2,777,272 $1,287,763 $1,489,509
2020 $29,145 $2,748,795 $1,274,559 $1,474,236
2019 $30,614 $2,694,898 $1,249,568 $1,445,330
2018 $29,371 $2,642,058 $1,225,067 $1,416,991
2017 $27,177 $2,590,254 $1,201,047 $1,389,207
2016 $26,687 $2,539,466 $1,177,498 $1,361,968
2015 $26,303 $2,501,321 $1,159,811 $1,341,510
2014 $25,840 $2,452,324 $1,137,092 $1,315,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81929394

MLSListings

APN: 259-161-007-000