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4000 Rio Rd

Carmel, CA 93923

2 bd 3 ba 1,363 sqft Built 1973 Lot 1,194 sqft condos
Most recent sale
$960,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $960,000 MLS #ML81878975
Feb 18, 2022 Listed $920,000 MLS #ML81878975
Mar 25, 2014 Sold $545,000 MLS #ML81402479
Jan 27, 2014 Listed $550,000 MLS #ML81402479
Jun 20, 2011 Sold $425,000 MLS #81001233
Mar 30, 2011 Price changed $435,000 MLS #81001233
Feb 10, 2011 Relisted $425,000 MLS #81001233
Jun 14, 2010 Listing removed $425,000 MLSListings
Jan 11, 2010 Listed $425,000 MLS #81001233
Mar 16, 1999 Sold $300,000 Public Record
May 24, 1984 Sold $143,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $594,276 $424,483 $1,018,759 $11,726
2024 $594,276 $424,483 $1,018,759 $11,419
2023 $571,200 $408,000 $979,200 $11,399
2022 $283,011 $346,545 $629,556 $7,686
2021 $277,462 $339,750 $617,212 $7,492
2020 $274,617 $336,267 $610,884 $7,328
2019 $269,233 $329,674 $598,907 $7,181
2018 $263,954 $323,210 $587,164 $7,008
2017 $258,779 $316,873 $575,652 $6,817
2016 $253,705 $310,660 $564,365 $6,629
2015 $249,895 $305,994 $555,889 $6,439
2014 $235,152 $209,024 $444,176 $5,331
2013 $234,090 $208,080 $442,170 $5,187
2012 $229,500 $204,000 $433,500 $5,076
2011 $220,254 $146,835 $367,089 $4,256
2010 $218,608 $145,738 $364,346 $4,200
2009 $219,128 $146,085 $365,213 $4,195
2008 $214,832 $143,221 $358,053 $4,090
2007 $210,620 $140,413 $351,033 $4,002

Property facts

Year built
1973
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,363 sqft
Lot size
1,194 sqft
ZIP code
93923
City
Carmel
Street
Rio Rd
Coordinates
36.53753, -121.90316

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
5.45%
Implied cap rate
3.54%
Trend-extrapolated value

Frequently asked questions

When did 4000 Rio Rd last sell?
4000 Rio Rd most recently sold on Feb 25, 2022 for $960,000.
What is the current tax assessment for 4000 Rio Rd?
The most recent total assessment for 4000 Rio Rd (year 2025) is $1,018,759 with $11,726 in property tax.
How does 4000 Rio Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $960,000.
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, 3 bath, 1,363 sqft, 1,194 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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