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4000 Rio Rd

Carmel, CA 93923

2 bd 2 ba 1,040 sqft Built 1973 Lot 1,855 sqft townhomes
Most recent sale
$1,125,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $1,125,000 MLS #ML81903920
Aug 15, 2022 Listed $995,000 MLS #ML81903920
Oct 28, 2016 Sold $665,500 MLS #ML81600004
Aug 15, 2016 Listed $625,000 MLS #ML81600004
May 14, 1997 Sold $253,000 Public Record
Nov 23, 1992 Sold $220,000 Public Record
May 19, 1975 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $650,250 $520,200 $1,170,450 $13,313
2024 $650,250 $520,200 $1,170,450 $12,960
2023 $625,000 $500,000 $1,125,000 $12,931
2022 $290,361 $437,457 $727,818 $8,647
2021 $284,668 $428,880 $713,548 $8,501
2020 $281,750 $424,483 $706,233 $8,316
2019 $276,226 $416,160 $692,386 $8,149
2018 $270,810 $408,000 $678,810 $7,959
2017 $265,500 $400,000 $665,500 $7,748
2016 $224,250 $123,814 $348,064 $4,308
2015 $220,882 $121,955 $342,837 $4,222
2014 $216,556 $119,567 $336,123 $4,137
2013 $215,578 $119,027 $334,605 $4,074
2012 $211,351 $116,694 $328,045 $3,979
2011 $207,207 $114,406 $321,613 $3,856
2010 $205,659 $113,551 $319,210 $3,804
2009 $206,148 $113,821 $319,969 $3,797
2008 $202,106 $111,590 $313,696 $3,703
2007 $198,144 $109,402 $307,546 $3,610

Property facts

Year built
1973
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
1,855 sqft
ZIP code
93923
City
Carmel
Street
Rio Rd
Coordinates
36.53671, -121.90392

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
$6,750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4000 Rio Rd last sell?
4000 Rio Rd most recently sold on Sep 9, 2022 for $1,125,000.
What is the current tax assessment for 4000 Rio Rd?
The most recent total assessment for 4000 Rio Rd (year 2025) is $1,170,450 with $13,313 in property tax.
How does 4000 Rio Rd's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,125,000.
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, 1,855 sqft lot townhomes.
Is 4000 Rio Rd a flip candidate?
No — 4000 Rio Rd does not appear in our flips dataset.
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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