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4000 Rio Rd

Carmel, CA 93923

2 bd 2 ba 1,040 sqft Built 1973 Lot 1,847 sqft condo
Most recent sale
$1,100,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2023 Sold $1,199,000 Public Record
Jun 8, 2022 Sold $1,100,000 Public Record
Apr 15, 2022 Listed $995,000 MLS #ML81887167
Jun 8, 2021 Sold $850,000 Public Record
Dec 5, 2018 Sold $850,000 MLS #300665241
May 29, 2018 Relisted $850,000 MLS #ML81680926
Mar 21, 2018 Price changed $850,000 MLS #ML81680926
Jan 26, 2018 Price changed $829,000 MLS #ML81680926
Oct 9, 2017 Listed $850,000 MLS #300665241
Jun 26, 2017 Sold $587,500 Public Record
Oct 27, 1983 Sold $143,000 Public Record
May 16, 1977 Sold $68,500 Public Record
Feb 7, 1977 Sold $63,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $702,780 $520,200 $1,222,980 $13,862
2024 $702,780 $520,200 $1,222,980 $13,493
2023 $612,000 $510,000 $1,122,000 $12,900
2022 $459,000 $408,000 $867,000 $10,090
2021 $463,755 $412,226 $875,981 $10,202
2020 $459,000 $408,000 $867,000 $9,980
2019 $450,000 $400,000 $850,000 $9,782
2018 $344,250 $255,000 $599,250 $7,134
2017 $179,405 $75,859 $255,264 $3,426
2016 $175,888 $74,372 $250,260 $3,291
2015 $173,246 $73,255 $246,501 $3,219
2014 $169,853 $71,821 $241,674 $3,130
2013 $169,086 $71,497 $240,583 $3,029
2012 $165,771 $70,096 $235,867 $2,947
2011 $162,521 $68,722 $231,243 $2,841
2010 $161,307 $68,209 $229,516 $2,799
2009 $161,691 $68,372 $230,063 $2,789
2008 $158,521 $67,032 $225,553 $2,717
2007 $155,413 $65,718 $221,131 $2,645

Property facts

Year built
1973
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
1,847 sqft
ZIP code
93923
City
Carmel
Street
Rio Rd
Coordinates
36.53687, -121.90347

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
$3,328
Gross rental yield
3.63%
Implied cap rate
2.36%
Trend-extrapolated value

Frequently asked questions

When did 4000 Rio Rd last sell?
4000 Rio Rd most recently sold on Jun 8, 2022 for $1,100,000.
What is the current tax assessment for 4000 Rio Rd?
The most recent total assessment for 4000 Rio Rd (year 2025) is $1,222,980 with $13,862 in property tax.
How does 4000 Rio Rd's assessment compare to its last sale price?
The current assessment is 11.2% above the last sale price of $1,100,000.
When was 4000 Rio Rd built?
4000 Rio Rd was built in 1973.
How does 4000 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 4000 Rio Rd?
4000 Rio Rd is a 2 bed, 2 bath, 1,040 sqft, 1,847 sqft lot condo.
Is 4000 Rio Rd a flip candidate?
Yes — 4000 Rio Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4000 Rio Rd a tax-appeal candidate?
No — 4000 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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