8370 Monterra Views Monterey, CA 93940
Laguna Seca/Ryan Ranch Neighborhood
5
Beds
6.5
Baths
7,286
Sq Ft
1.75
Acres
Highlights
- Ocean View
- Solar Power System
- Deck
- Monterey High School Rated A
- 1.75 Acre Lot
- Living Room with Fireplace
About This Home
As of July 2024Commissioned and featured by Sunset Magazine as a true architectural marvel, The Sunset Magazine Idea House flawlessly blends its inspiration from Steinbeck Country's rustic roots with a luxurious modern style designed by Thomas Bateman Hood to perfectly frame the incredible ocean and mountain views. Located on ~1.75 acres within Monterra's prestigious gated community, the property is available for the first time since the original owners purchased it. It includes 3 main structures and integrates sustainable design principles and innovative features. Its open-plan layout utilizes an effortless indoor-outdoor flow, with expansive windows framing the surrounding views of mature oak trees, the Santa Lucia Mountains, and Monterey Bay to the west. Designed for comfort and eco-friendliness, the house incorporates recycled materials such as reclaimed barn wood from a local stagecoach station, energy-efficient systems, and drought-tolerant landscaping. The interior exudes a relaxed yet sophisticated vibe, showcasing contemporary furnishings and artistic touches. Outdoor spaces include a spacious deck, fire pit, pizza oven, built-in BBQ, bocce ball court, producing olive grove, and multiple seating areas nestled between the native plant gardens, encouraging outdoor living.
Last Agent to Sell the Property
Coldwell Banker Realty License #00891159 Listed on: 04/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,742
Year Built
- Built in 2009
HOA Fees
- $450 Monthly HOA Fees
Parking
- 3 Car Detached Garage
Property Views
- Ocean
- Mountain
- Valley
Home Design
- Raised Foundation
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,286 Sq Ft Home
- 1-Story Property
- Separate Family Room
- Living Room with Fireplace
- 3 Fireplaces
- Formal Dining Room
Flooring
- Wood
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Balcony
- Deck
- Outdoor Fireplace
- Outdoor Kitchen
Utilities
- Radiant Heating System
- Private Sewer
Additional Features
- Solar Power System
- 1.75 Acre Lot
Community Details
- Association fees include exterior painting, landscaping / gardening, maintenance - road, security service
- Monterra Ranch Of Monterey Homeowners Association
- Built by Monterra Ranch Of Monterey
Listing and Financial Details
- Assessor Parcel Number 259-211-001-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2024
Closed on
Jul 22, 2024
Sold by
Finn Robert B and Finn Lauren Reel
Bought by
Hoppe Revocable Trust and Hoppe
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Chris Babalis
Carmel Realty Company
List Price
$6,500,000
Sold Price
$5,600,000
Premium/Discount to List
-$900,000
-13.85%
Total Days on Market
51
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,478
Avg. Annual Appreciation
12.43%
Original Mortgage
$750,000
Interest Rate
5.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2011
Sold by
Monterey County Bank
Bought by
Reel Finn Robert B and Reel Finn Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
4.77%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 7, 2010
Sold by
Monterra Ranch Properties Llc
Bought by
Monterey County Bank
Purchase Details
Closed on
Aug 18, 2009
Sold by
Monterra Ranch Properties Llc
Bought by
Monterey County Bank
Purchase Details
Closed on
Aug 11, 2008
Sold by
Monterra Service Co Llc
Bought by
Monterra Ranch Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,138
Interest Rate
6.32%
Mortgage Type
Unknown
Purchase Details
Closed on
May 14, 2008
Sold by
Monterra Ranch Properties Llc
Bought by
Monterra Service Co Llc
Similar Home in Monterey, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,600,000 | Chicago Title | |
| Warranty Deed | $3,400,000 | Chicago Title Company | |
| Trustee Deed | $3,500,000 | Chicago Title | |
| Trustee Deed | $3,500,000 | Chicago Title | |
| Trustee Deed | $947,802 | Chicago Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,318,377 | New Conventional | |
| Closed | $750,000 | New Conventional | |
| Closed | $1,318,377 | New Conventional | |
| Previous Owner | $2,700,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,700,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,720,000 | Seller Take Back | |
| Previous Owner | $971,138 | Unknown | |
| Previous Owner | $4,875,000 | Construction | |
| Previous Owner | $1,500,000 | Unknown | |
| Previous Owner | $1,495,000 | Unknown | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,260,000 | Unknown | |
| Previous Owner | $8,000,000 | Stand Alone Second | |
| Previous Owner | $8,000,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2024 07/25/24 | Sold | $5,600,000 | -13.8% | $769 / Sq Ft |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- |
| 04/19/2024 04/19/24 | For Sale | $6,500,000 | -- | $892 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $45,742 | $2,698,998 | $728,729 | $1,970,269 |
| 2023 | $45,278 | $4,186,848 | $1,046,709 | $3,140,139 |
| 2022 | $44,653 | $4,104,754 | $1,026,186 | $3,078,568 |
| 2021 | $44,001 | $4,024,269 | $1,006,065 | $3,018,204 |
| 2020 | $42,322 | $3,983,007 | $995,750 | $2,987,257 |
| 2019 | $44,458 | $3,904,910 | $976,226 | $2,928,684 |
| 2018 | $42,654 | $3,828,344 | $957,085 | $2,871,259 |
| 2017 | $39,468 | $3,753,279 | $938,319 | $2,814,960 |
| 2016 | $38,760 | $3,679,686 | $919,921 | $2,759,765 |
| 2015 | $38,203 | $3,624,414 | $906,103 | $2,718,311 |
| 2014 | $37,533 | $3,553,418 | $888,354 | $2,665,064 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Allen
Seller's Agent in 2024
Tim Allen
Coldwell Banker Realty
(831) 214-1990
13 in this area
356 Total Sales
-
Chris Babalis
Buyer's Agent in 2024
Chris Babalis
Carmel Realty Company
(831) 884-3868
2 in this area
16 Total Sales
Map
Source: MLSListings
MLS Number: ML81962226
APN: 259-211-001-000
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