NOT LISTED FOR SALE

Estimated Value: $1,363,000 - $1,915,000

1 Bed
1 Bath
880 Sq Ft
$1,766/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $820,000 $932 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,030/month

Highlights

  • Ocean View
  • Contemporary Architecture
  • Engineered Wood Flooring
  • Carmel River Elementary School Rated A+
  • Private Lot
  • Breakfast Area or Nook

About This Home

As of March 2024

A perfect getaway home on the coast! This modern, detached cottage is located in one of the most sought-after areas in Carmel and is set up to make sure that you will be comfortable, relaxed, and inspired. The home sits on a quiet and private 1/2 acre coastal lot, which contains mature oak groves and a new outdoor stone patio and deck. Downtown Carmel and beaches are minutes away by car. There is a wide driveway and plenty of space to park 4 cars on site. The house comes partially furnished with a king-sized bed with incorporated storage drawers, a modern circular glass top kitchen table with chairs, and contemporary patio furniture. A highlight of the home is the glass enclosed dining area with gorgeous garden views. The bedroom suite features a spacious bedroom with walk-in closet, new blackout blinds, and dimmable LED lighting. Newly renovated kitchen and bathroom. The property feels quiet and serene yet it is just minutes from the best of Carmel, coastal beaches, and Big Sur. Welcome home to your Carmel Highlands coastal retreat!

Last Agent to Rent the Property

Leila Banijamali

Bedrock License #01972185 Listed on: 01/30/2024

Last Renter's Agent

Leila Banijamali

Bedrock License #01972185 Listed on: 01/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,517

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Landscaped
  • Private Lot
  • Lot Sloped Up

Property Views

  • Ocean
  • Woods

Home Design

  • Contemporary Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Engineered Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Dual Flush Toilets
  • Bathtub

Parking

  • 4 Parking Spaces
  • Parking Available
  • Open Parking

Utilities

  • Baseboard Heating
  • 220 Volts in Kitchen
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $7,000
  • Tenant pays for cable TV, electricity, trash collection, water
  • 12 Month Lease Term
  • 1-Year Minimum Lease Term
  • Assessor Parcel Number 241-051-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,517

Year Built

Built in 1927 | Remodeled

Lot Details

0

Rental Info

  • Pets Allowed: Negotiable
  • Furnished: Partially
  • Lease Term: 12 Months
  • Minimum Rent Period: 1 year
  • Security Deposit: 7000
  • Smoking: No
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Contemporary, Cottage
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Living Room Features: View
  • Appliances: ENERGY STAR Qualified Appliances, Gas Water Heater, Hood Over Range, Microwave, Tankless Water Heater
  • Bathroom Features: Dual Flush Toilet, Shower Stall(s), Tub
  • Flooring: Simulated Wood
  • Kitchen Features: Breakfast Area
  • Main Level: Bedroom(s), Dining Room, Kitchen, Living Room
  • Square Footage: 880.00

Exterior Features

  • Construction Materials: Frame, Glass, Shingle Siding, Wood, Wood Siding
  • Driveway Sidewalks: Gravel
  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • View: Ocean, Woods

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Uncovered Parking Spaces 2+
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 4.00
  • Parking Available: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Heating: Baseboard, Electric
  • Sewer: Septic System
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 241-051-012-000
  • Lot Features: Landscape Front, Private
  • Lot Size Acres: 0.4900
  • Lot Size Sq Ft: 21344.00
  • Lot Size Units: SqFt
  • Topography: Upslope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jul 6, 2017
Sold by
Mountrey Barbara Jane and The Mountrey Mitchell Family T
Bought by
Banijamali Leila and Zendejas Patricia
Seller's Agent
Arleen Hardenstein
Sotheby’s International Realty
Buyer's Agent
Leila Banijamali
Bedrock
List Price
$1,099,000
Sold Price
$820,000
Premium/Discount to List
-$279,000
-25.39%
Current Estimated Value
$1,553,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,666
Avg. Annual Appreciation
8.07%
Original Mortgage
$656,000
Outstanding Balance
$545,025
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,008,641

Purchase Details

Closed on
Jul 19, 2010
Sold by
Mountrey Barbara Jane
Bought by
Mitchell David Wolfe and Mountrey Barbara Jane
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Banijamali Leila $820,000 Old Republic Title Company
Mitchell David Wolfe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banijamali Leila $656,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Rented $4,000 +2.6% --
01/30/2024 01/30/24 For Rent $3,900 +11.4% --
04/08/2020 04/08/20 Rented $3,500 0.0% --
04/07/2020 04/07/20 Under Contract -- -- --
01/18/2020 01/18/20 For Rent $3,500 0.0% --
05/17/2019 05/17/19 Rented $3,500 0.0% --
05/17/2019 05/17/19 Under Contract -- -- --
03/28/2019 03/28/19 For Rent $3,500 0.0% --
07/24/2017 07/24/17 Sold $820,000 -8.4% $1,009 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
05/12/2017 05/12/17 Price Changed $895,000 -8.2% $1,101 / Sq Ft
04/04/2017 04/04/17 Price Changed $975,000 -11.3% $1,199 / Sq Ft
12/16/2016 12/16/16 For Sale $1,099,000 -- $1,352 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $9,517 $933,015 $819,234 $113,781
2024 $9,517 $914,721 $803,171 $111,550
2023 $9,506 $896,786 $787,423 $109,363
2022 $9,194 $879,203 $771,984 $107,219
2021 $9,103 $861,965 $756,848 $105,117
2020 $8,910 $853,128 $749,088 $104,040
2019 $8,741 $836,400 $734,400 $102,000
2018 $8,581 $820,000 $720,000 $100,000
2017 $253 $23,944 $20,057 $3,887
2016 $248 $23,475 $19,664 $3,811
2015 $243 $23,123 $19,369 $3,754
2014 $240 $22,671 $18,990 $3,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424005823

San Francisco Association of REALTORS®

APN: 241-051-012-000