NOT LISTED FOR SALE

1020 Majella Rd Pebble Beach, CA 93953

Estimated Value: $2,847,000 - $3,322,000

0.53 Acre
$5,772,683 Price per Acre
23,300 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $750,000

Est. 312% increase in value since last sale

Current estimated payment $18,188/month

71 Days on Market

Highlights

  • 0.53 Acre Lot
  • Forest View
  • Level Lot
  • Forest Grove Elementary School Rated A

About This Lot

As of October 2018

Walk to Spanish Bay Resort or the ocean from this forested Pebble Beach vacant lot. Build a home the way you want it on this 1/2 acre corner lot that is bordered by a 100' wide scenic easement and has 0.5 acre-feet of water entitlements already purchased. Parcel is set back from 17 Mile Drive so privacy and solitude are preserved.

Last Agent to Sell the Property

Chris Baumgart

Carmel Realty Company License #01435699 Listed on: 06/29/2018

Co-Listed By

Carrie Baumgart

Carmel Realty Company License #01453222

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,803

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Additional Features

  • Forest Views
  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$21,803

Lot Details

0

Listing Details

  • Zoning: Residential
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land, Residential
  • Development Status: Architectural Review Committee, Improvements - None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Forest / Woods

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.5349
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23300.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Oct 4, 2018
Sold by
Tuttle Jannine Annette and Mackie Ross Stanton
Bought by
Kline Norman C and Kline Allison Abbott
Seller's Agent
Chris Baumgart
Carmel Realty Company
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$3,087,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,337,808
Avg. Annual Appreciation
21.98%
Original Mortgage
$525,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2011
Sold by
Mackie Joan A
Bought by
Mackie Joan A and Joan A Mackie Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kline Norman C $750,000 Old Republic Title Co
Mackie Joan A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kline Norman C $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $750,000 0.0% --
09/09/2018 09/09/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $750,000 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,803 $2,003,965 $836,637 $1,167,328
2024 $21,803 $1,964,673 $820,233 $1,144,440
2023 $21,924 $1,926,150 $804,150 $1,122,000
2022 $14,883 $1,888,383 $788,383 $1,100,000
2021 $9,304 $1,272,925 $772,925 $500,000
2020 $9,093 $765,000 $765,000 $0
2019 $8,263 $750,000 $750,000 $0
2018 $688 $51,788 $51,788 $0
2017 $672 $50,773 $50,773 $0
2016 $666 $49,778 $49,778 $0
2015 -- $49,031 $49,031 $0
2014 -- $48,071 $48,071 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81712494

MLSListings

APN: 007-131-001-000