NOT LISTED FOR SALE

Estimated Value: $5,510,000 - $6,464,868

4 Beds
7 Baths
5,646 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $4,100,000 $726 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $36,393/month

562 Days on Market

Highlights

  • Cabana
  • RV Access or Parking
  • Primary Bedroom Suite
  • Monterey High School Rated A
  • Bay View
  • Maid or Guest Quarters

About This Home

As of November 2013

You reach this Spanish/California estate via private tree-lined drive. A single-level Hacienda welcomes you. The warm faux-painted interiors featuring hand hewn beams, custom tiles and distressed wood floors create a comfortable, spacious retreat. Monterey Bay and city light views with spectacular sunsets! Heated ocean view pol with cabana, Guest casita, 6 car garage and workshop.

Last Agent to Sell the Property

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 02/07/2012

Sotheby’s International Realty

Last Buyer's Agent

Mike Jashinski

Sotheby’s International Realty License #01419985 Listed on: 02/07/2012

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Lot Sloped Up
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as RDR

Property Views

  • Bay
  • City Lights
  • Garden

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,646 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Workshop
  • Storage Room
  • Gas Dryer Hookup
  • Utility Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Low Flow Toliet
  • Low Flow Shower

Home Security

  • Security System Owned
  • Fire Sprinkler System

Parking

  • Garage
  • Garage Door Opener
  • RV Access or Parking

Pool

  • Cabana
  • In Ground Pool
  • Gas Heated Pool
  • Outdoor Pool
  • Pool Cover

Outdoor Features

  • Patio

Utilities

  • Zoned Heating
  • Radiant Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 259-191-006

Community Details

Overview

  • Property has a Home Owners Association
  • Monterra HOA

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

3.27 Acres

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 726.18
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 5646
  • Year Built: 2008
  • Zoning Description: RDR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Gas Starter, Yes
  • Dining Room: Dining "L", Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 5646
  • Stories: 1
  • Security: Security Alarm - Owned, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Workshop, Den / Study / Office, Formal Entry, Guest Quarters, Storage
  • Maximum Bathrooms: 6
  • Minimum Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Spa - Community Facility, In Ground Concrete, Cabana / Dressing Room, Heated - Gas, Pool - Cover, Pool - Yes
  • Roof: Tile
  • View: Bay, Garden / Greenbelt, City Lights
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Pool: Yes
  • Exterior: Stone, Stucco

Garage/Parking

  • Garage Parking Features: Attached Garage, Detached Garage, Gate / Door Opener, RV/Boat Parking

Utilities

  • Heating System: Heating - 2+ Zones, Radiant
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 376
  • H O A Name Text: Monterra HOA
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 259-191-006
  • List Price per Sq Ft: 752.75
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 3.24
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 141134.40
  • Lot Size Area Min Search: 141134.40
  • Maximum Lot Size: 3.24

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Arpad Darabont Frank and Rae Sara
Bought by
Francis Foster Trust
Current Estimated Value
$5,987,434

Purchase Details

Listed on
Feb 7, 2012
Closed on
Nov 14, 2013
Sold by
Rainey Wayne W and Rainey Elaine Shae
Bought by
Darabont Frank A and Foster Sara R
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$4,250,000
Sold Price
$4,100,000
Premium/Discount to List
-$150,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$3,000,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Rainey Wayne W and Rainey Elaine S
Bought by
Rainey Wayne W and Rainey Elaine Shae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Rainey Wayne W and Rainey Elaine Shae
Bought by
Monterra Ranch Properties Llc

Purchase Details

Closed on
Sep 13, 2006
Sold by
Rainey Wayne W and Rainey Elaine Shae
Bought by
Rainey Wayne W and Rainey Elaine Shae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.56%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 6, 2004
Sold by
Monterra Ranch Properties Llc
Bought by
Rainey Wayne and Rainey Shae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Francis Foster Trust -- Slater Cosme Pc
Darabont Frank A -- First American Title Company
Rainey Wayne W -- First American Title Company
Rainey Wayne W -- First American Title Company
Monterra Ranch Properties Llc -- Stewart Title
Rainey Wayne W -- Stewart Title Of Ca Inc
Rainey Wayne $1,600,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darabont Frank A $3,000,000
Previous Owner Rainey Wayne W $2,000,000
Previous Owner Rainey Wayne W $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2013 11/18/13 Sold $4,100,000 -3.5% $726 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
02/04/2013 02/04/13 Price Changed $4,250,000 0.0% $753 / Sq Ft
02/04/2013 02/04/13 For Sale $4,250,000 +3.7% $753 / Sq Ft
02/03/2013 02/03/13 Off Market $4,100,000 -- --
02/07/2012 02/07/12 For Sale $4,450,000 -- $788 / Sq Ft
Source: MLSListings

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 $52,772 $5,026,031 $2,206,550 $2,819,481
2024 $52,772 $4,927,483 $2,163,285 $2,764,198
2023 $52,237 $4,830,867 $2,120,868 $2,709,999
2022 $51,515 $4,736,145 $2,079,283 $2,656,862
2021 $50,763 $4,643,280 $2,038,513 $2,604,767
2020 $48,826 $4,595,670 $2,017,611 $2,578,059
2019 $51,290 $4,505,559 $1,978,050 $2,527,509
2018 $49,209 $4,417,215 $1,939,265 $2,477,950
2017 $45,534 $4,330,604 $1,901,241 $2,429,363
2016 $44,716 $4,245,691 $1,863,962 $2,381,729
2015 $44,074 $4,181,918 $1,835,964 $2,345,954
2014 $43,301 $4,100,000 $1,800,000 $2,300,000
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81204783

MLSListings

APN: 259-191-006-000

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