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51 Rancho Road

51 Rancho Road, Carmel Valley, CA 93924
Property in Monterey
Sold Mar 03, 2021
$1,040,000
$832,000 by Mechanics Bank
Mortgage Due Apr 01, 2051
Local assessors in Carmel Valley, CA have categorized 51 Rancho Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 54,733 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 51 Rancho Road has a total of 2,776 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of tar and gravel. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 51 Rancho Road was last sold in Feb 25, 2021 for $1,040,000. According to our calculations, that's $374.64 per sqft. Current property owners are expected to pay $11,504 in taxes per year. The property on 51 Rancho Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,179,516. To break that down further, the land itself was valued at $728,280. While improvements to the property were assessed at a total of $451,236. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 54,733
  • Total Building Area: 2,776
  • Gross Building Area: 2,776
  • Building Area: 2,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANCHO DEL MONTE NO 1
  • Land Acres: 1.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 141 RANCHO DEL MONTE NO 1 L 9 BLK 2 1.3 AC

Ownership

  • Current Owner : LATOURETTE JEFFREY EDWARD
  • Current Owner 2: LATOURETTE JEFFREY EDWARD
  • Previous Owner : HONDA CYNTHIA W
  • Previous Owner 2: THE WILSON FAMILY TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Carmel Unified School District
  • Census Tract: 011001

Geography

  • Subdivision Tract Number: 141
  • Parcel: 187-172-005-000
  • Block: 2
  • Lot: 9
  • Latitude: 36.4978
  • Longitude: -121.747

    Address

  • Full Address: 51 Rancho Rd
  • Address - House Number: 51
  • Address - Street Name: Rancho
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Carmel Valley
  • Carrier Code: R002
  • 4-Digit Zip Code: 9413
  • Zip Code: 93924

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,504
  • Tax Rate Code Area: 060-011

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 1,860,293
  • High Value: 2,250,659
  • Low Value: 1,469,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $832,000
  • First Open Lien Mortgage Lender: MECHANICS BANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $832,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,179,516
  • Assessed Land Value: $728,280
  • Assessed Improvements Value: $451,236

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11823544253
  • Current Sale Price: $1,040,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021016029

    Last Sale Mortgage

  • First Mortgage Lender: MECHANICS BANK
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $832,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Carmel Valley Village



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Frequently Asked Questions

What neighborhood is 51 Rancho Road located in?
The 51 Rancho Road is a located in the neighborhood of Monterey in Carmel Valley Village, Carmel Valley.
What is the average sales price for listings in 51 Rancho Road?
The average sales price for units in 51 Rancho Road is $0 currently.

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