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4000 Rio Rd

Carmel, CA 93923

2 bd 2 ba 1,040 sqft Built 1973 Lot 1,738 sqft condos
Most recent sale
$1,155,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $1,155,000 MLS #ML81905971
Sep 3, 2022 Listed $995,000 MLS #ML81905971
Sep 10, 2021 Sold $900,000 MLS #ML81853029
Sep 29, 2000 Sold $369,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $681,462 $520,200 $1,201,662 $13,639
2024 $681,462 $520,200 $1,201,662 $13,277
2023 $655,000 $500,000 $1,155,000 $13,247
2022 $500,000 $400,000 $900,000 $10,490
2021 $131,540 $382,817 $514,357 $6,342
2020 $130,192 $378,892 $509,084 $6,202
2019 $127,640 $371,463 $499,103 $6,147
2018 $125,138 $364,180 $489,318 $5,994
2017 $122,685 $357,040 $479,725 $5,824
2016 $120,280 $350,040 $470,320 $5,652
2015 $118,474 $344,783 $463,257 $5,548
2014 $116,154 $338,030 $454,184 $5,437
2013 $115,630 $336,503 $452,133 $5,290
2012 $113,363 $329,905 $443,268 $5,191
2011 $111,141 $323,437 $434,578 $5,033
2010 $110,311 $321,020 $431,331 $4,969
2009 $110,574 $321,783 $432,357 $4,967
2008 $108,406 $315,474 $423,880 $4,846
2007 $106,281 $309,289 $415,570 $4,727

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
1,738 sqft
ZIP code
93923
City
Carmel
Street
Rio Rd
Coordinates
36.53689, -121.90173

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
$6,930
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 15, 2022 for $1,155,000.
What is the current tax assessment for 4000 Rio Rd?
The most recent total assessment for 4000 Rio Rd (year 2025) is $1,201,662 with $13,639 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 $1,155,000.
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, 1,738 sqft lot condos.
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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