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3850 Rio Rd

Carmel, CA 93923

2 bd 2 ba 1,439 sqft Built 1976 Lot 2,181 sqft townhomes
Most recent sale
$920,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $920,000 MLS #ML81905849
Sep 1, 2022 Listed $879,000 MLS #ML81905849
Aug 13, 2004 Sold $631,000 Public Record
Aug 12, 1988 Sold $219,500 Public Record
May 7, 1984 Sold $203,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $541,008 $416,160 $957,168 $11,009
2024 $541,008 $416,160 $957,168 $10,721
2023 $520,000 $400,000 $920,000 $10,703
2022 $250,622 $577,963 $828,585 $9,677
2021 $245,708 $566,631 $812,339 $9,462
2020 $215,000 $497,000 $712,000 $8,303
2019 $201,000 $462,000 $663,000 $7,773
2018 $195,000 $449,000 $644,000 $7,525
2017 $185,000 $428,000 $613,000 $7,132
2016 $176,000 $407,000 $583,000 $6,750
2015 $176,000 $407,000 $583,000 $6,722
2014 $164,000 $378,000 $542,000 $6,286
2013 $147,000 $333,000 $480,000 $5,506
2012 $213,360 $222,250 $435,610 $5,025
2011 $240,000 $250,000 $490,000 $5,538
2010 $152,961 $356,909 $509,870 $5,713
2009 $192,354 $443,584 $635,938 $7,012
2008 $202,478 $466,931 $669,409 $7,319
2007 $198,508 $457,776 $656,284 $7,142

Property facts

Year built
1976
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,439 sqft
Lot size
2,181 sqft
ZIP code
93923
City
Carmel
Street
Rio Rd
Coordinates
36.53738, -121.90693

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,605
Gross rental yield
6.01%
Implied cap rate
3.90%
Trend-extrapolated value

Frequently asked questions

When did 3850 Rio Rd last sell?
3850 Rio Rd most recently sold on Oct 14, 2022 for $920,000.
What is the current tax assessment for 3850 Rio Rd?
The most recent total assessment for 3850 Rio Rd (year 2025) is $957,168 with $11,009 in property tax.
How does 3850 Rio Rd's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $920,000.
When was 3850 Rio Rd built?
3850 Rio Rd was built in 1976.
How does 3850 Rio Rd compare to others on Rio Rd?
We track 8 other properties on Rio Rd. Browse the list under "Other properties on Rio Rd" to compare beds, baths, and sale history.
What are the property facts for 3850 Rio Rd?
3850 Rio Rd is a 2 bed, 2 bath, 1,439 sqft, 2,181 sqft lot townhomes.
Is 3850 Rio Rd a flip candidate?
No — 3850 Rio Rd does not appear in our flips dataset.
Is 3850 Rio Rd a tax-appeal candidate?
No — 3850 Rio Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$2.6M
2026 Q4
$2.56M
ZIP 93923 — Median Price History + Forecast

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