NOT LISTED FOR SALE

1038 Marcheta Ln Pebble Beach, CA 93953

Estimated Value: $2,574,000 - $2,982,541

3 Beds
2 Baths
2,171 Sq Ft
$1,316/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $2,000,000 $921 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $17,163/month

101 Days on Market

Highlights

  • Ocean View
  • 4 Car Attached Garage
  • Forced Air Heating System
  • Forest Grove Elementary School Rated A
  • Tandem Parking
  • Combination Dining and Living Room

About This Home

As of March 2021

Near renowned Seal Rock Beach and Bird Rock in Pebble Beach, this single level 3 bedroom, 2 bath home has been remodeled over time and is now a charming modern open concept retreat from a busy world. Spacious garden area surrounds the home. Its 4+ car/tandem garage is a plus for car enthusiasts. Scenic Marcheta Lane parallels 17 Mile Drive with the 15th Fairway of the Monterey Peninsula Country Club Shore Golf Course in between.Watch the magnificent ever changing colors of the sky at sunset.

Last Agent to Sell the Property

Hella Rothwell

Rothwell Realty Inc. License #01772851 Listed on: 10/30/2020

Last Buyer's Agent

Shelly Lynch

Carmel Realty Company License #01217466

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,481

Year Built

  • 1957

Lot Details

  • 10,102 Sq Ft Lot
  • Mostly Level

Parking

  • 4 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Golf Course
  • Neighborhood

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,171 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,481

Year Built

1957

Lot Details

0

Parking

4

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 2171
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 2171
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Tar And Gravel
  • View: Golf Course, Neighborhood, Ocean
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Tandem Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2319
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10100.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Mar 7, 2021
Sold by
Srl Homes Llc
Bought by
Mintz David S and Mintz Lianne M
Seller's Agent
Hella Rothwell
Rothwell Realty Inc.
Buyer's Agent
Shelly Lynch
Carmel Realty Company
List Price
$2,385,000
Sold Price
$2,000,000
Premium/Discount to List
-$385,000
-16.14%
Current Estimated Value
$2,856,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,885
Avg. Annual Appreciation
8.12%
Original Mortgage
$1,200,000
Outstanding Balance
$1,075,715
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,781,170

Purchase Details

Listed on
Oct 6, 2017
Closed on
Feb 12, 2018
Sold by
Flause Laurence M
Bought by
Srl Homes Llc
Seller's Agent
Doug Steiny
Sotheby’s International Realty
Buyer's Agent
Dana A. Bambace
Carmel Realty Company
List Price
$1,849,000
Sold Price
$1,500,000
Premium/Discount to List
-$349,000
-18.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$500,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2017
Sold by
Flause Laurence M
Bought by
Flause Laurence M

Purchase Details

Closed on
Dec 13, 2000
Sold by
Flause William L
Bought by
Flause William L and Bill Flause Living Trust

Purchase Details

Closed on
Jun 16, 1994
Sold by
Va
Bought by
Flause William L
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
Mintz David S $2,000,000 Chicago Title Company
Srl Homes Llc $1,500,000 Chicago Title Co
Flause Laurence M -- None Available
Flause William L -- --
Flause William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mintz David S $1,200,000
Previous Owner Srl Homes Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Sold $2,000,000 -8.7% $921 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $2,190,000 -8.2% $1,009 / Sq Ft
02/01/2021 02/01/21 For Sale $2,385,000 0.0% $1,099 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/04/2020 12/04/20 Price Changed $2,385,000 -4.2% $1,099 / Sq Ft
10/30/2020 10/30/20 For Sale $2,490,000 +66.0% $1,147 / Sq Ft
02/20/2018 02/20/18 Sold $1,500,000 -11.5% $821 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Price Changed $1,695,000 +13.4% $928 / Sq Ft
01/22/2018 01/22/18 Price Changed $1,495,000 -11.8% $819 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
11/08/2017 11/08/17 Price Changed $1,695,000 -8.3% $928 / Sq Ft
10/06/2017 10/06/17 For Sale $1,849,000 -- $1,013 / Sq Ft
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 $23,481 $2,164,862 $1,298,917 $865,945
2024 $23,481 $2,122,415 $1,273,449 $848,966
2023 $23,712 $2,080,800 $1,248,480 $832,320
2022 $23,198 $2,040,000 $1,224,000 $816,000
2021 $18,333 $2,000,000 $1,200,000 $800,000
2020 $17,942 $1,560,600 $1,352,520 $208,080
2019 $17,346 $1,530,000 $1,326,000 $204,000
2018 $1,766 $95,638 $34,117 $61,521
2017 $1,720 $93,764 $33,449 $60,315
2016 $1,692 $91,927 $32,794 $59,133
2015 $1,637 $90,547 $32,302 $58,245
2014 $1,577 $88,775 $31,670 $57,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81818102

MLSListings

APN: 007-342-004-000