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4000 Rio Rd

Carmel, CA 93923

3 bd 3 ba 1,363 sqft Built 1973 Lot 1,227 sqft condos
Most recent sale
$1,025,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $1,025,000 MLS #ML81893783
May 27, 2022 Listed $975,000 MLS #ML81893783
Mar 15, 2006 Sold $700,000 Public Record
Jun 18, 1998 Sold $272,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $650,250 $416,160 $1,066,410 $12,225
2024 $650,250 $416,160 $1,066,410 $11,903
2023 $625,000 $400,000 $1,025,000 $11,880
2022 $257,557 $643,900 $901,457 $10,505
2021 $236,000 $589,000 $825,000 $9,668
2020 $206,000 $516,000 $722,000 $8,479
2019 $206,000 $514,000 $720,000 $8,435
2018 $196,000 $489,000 $685,000 $7,950
2017 $191,000 $477,000 $668,000 $7,701
2016 $171,000 $428,000 $599,000 $6,917
2015 $151,000 $378,000 $529,000 $6,233
2014 $151,000 $377,000 $528,000 $6,213
2013 $137,000 $338,000 $475,000 $5,527
2012 $130,177 $318,708 $448,885 $5,236
2011 $146,431 $358,502 $504,933 $5,767
2010 $146,431 $358,502 $504,933 $5,734
2009 $162,302 $405,756 $568,058 $6,379
2008 $208,080 $520,200 $728,280 $8,001
2007 $204,000 $510,000 $714,000 $7,811

Property facts

Year built
1973
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,363 sqft
Lot size
1,227 sqft
ZIP code
93923
City
Carmel
Street
Rio Rd
Coordinates
36.53746, -121.90369

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
$4,362
Gross rental yield
5.11%
Implied cap rate
3.32%
Trend-extrapolated value

Frequently asked questions

When did 4000 Rio Rd last sell?
4000 Rio Rd most recently sold on Aug 19, 2022 for $1,025,000.
What is the current tax assessment for 4000 Rio Rd?
The most recent total assessment for 4000 Rio Rd (year 2025) is $1,066,410 with $12,225 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 $1,025,000.
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 3 bed, 3 bath, 1,363 sqft, 1,227 sqft lot condos.
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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