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7 La Rancheria

7 La Rancheria, Carmel Valley, CA 93924
Property in Monterey
Sold Feb 20, 2020
$1,825,000
$1,557,000 by Synergy One Lending Inc
Mortgage Due Feb 01, 2052
Sold May 05, 2016
$1,580,000
Buyer
Seller
7 La Rancheria in Carmel Valley, CA was first built in 1992 and is 32 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7 La Rancheria has 3,878 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 71,003 square feet.

Learn more about the property and building on this page. The home has a gable style roof. For those who need parking, there is a garage. The garage is 636 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 La Rancheria sold most recently in Feb 6, 2020 for a total of $1,825,000. If you work out the math, that's approximately a cost of $470.60 per sqft. Before that, the property was also sold for $1,580,000 in Mar 31, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $19,874 in taxes each year. 7 La Rancheria was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,918,398. If we break it down further, the land itself was valued at $998,618. Improvements to the property, however, were assessed at a total of $919,780. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 636
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 3,878
  • Gross Building Area: 3,878
  • Building Area: 3,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 3,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP 1 LA RANCHERIA DEL CARMELO
  • Land Acres: 1.63
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP 1 LA RANCHERIA DEL CARMELO SLY POR OF LOT 3 AS DESC IN R659 PG 595 NLY POR OF LOT 3 DESC IN R262 PG 104

Ownership

  • Current Owner : MARTINEZ BASILIO
  • Current Owner 2: MARTINEZ VALERIE
  • Previous Owner : CLADDAGH LLC
  • Owner Before Previous Owner: MARKS ALAN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Parcel: 187-131-031-000
  • Lot: 3
  • Latitude: 36.5017
  • Longitude: -121.752

    Address

  • Full Address: 7 La Rancheria
  • Address - House Number: 7
  • Address - Street Name: La Rancheria
  • State: CA
  • City Name: Carmel Valley
  • Carrier Code: R004
  • 4-Digit Zip Code: 9420
  • Zip Code: 93924

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,874
  • Tax Rate Code Area: 060-011

    Appraisal Valuation

  • Standard Deviation: 0.2217
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 2,622,034
  • High Value: 3,203,354
  • Low Value: 2,040,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,557,000
  • First Open Lien Mortgage Lender: SYNERGY ONE LENDING INC
  • First Open Lien Mortgage Recording Date: Jan 25, 2022
  • First Open Lien Mortgage Loan Amount: $1,557,000
  • 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: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,918,398
  • Assessed Land Value: $998,618
  • Assessed Improvements Value: $919,780

    Sales

  • Current Sale Contract Date: Feb 06, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Transaction ID: 11738699117
  • Current Sale Price: $1,825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020008463
  • Previous Sale Recording Date: May 05, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $1,580,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Feb 20, 2020
  • First Mortgage Loan Amount: $1,551,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7 La Rancheria located in?
The 7 La Rancheria is a located in the neighborhood of Monterey in Carmel Valley Village, Carmel Valley.
What is the average sales price for listings in 7 La Rancheria?
The average sales price for units in 7 La Rancheria is $0 currently.

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