NOT LISTED FOR SALE

1050 Laurel Ln Pebble Beach, CA 93953

Estimated Value: $1,856,000 - $2,703,000

3 Beds
2.5 Baths
2,345 Sq Ft
$986/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $1,075,000 $458 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $14,050/month

1 Day on Market

Highlights

  • Bonus Room
  • Workshop
  • Formal Dining Room
  • Forest Grove Elementary School Rated A
  • Beamed Ceilings
  • Balcony

About This Home

As of December 2017

Ideal opportunity in Pebble Beach. One level, 2345 square foot home on a generous 13,100 square foot lot. Freshly painted inside and out. Attractive living room featuring vaulted ceilings, rough-sawn, whitewashed, wood walls, fireplace and hardwood floors. Family room off of kitchen. Generous room sizes throughout. Separate laundry area. Over-sized two car, attached garage with high peaked ceilings. Separate workshop/office with exterior entrance. Very close to Spanish Bay - less than one mile! This home has all the integral features buyers desire. Bring your design ideas and transform this property into your dream home!

Last Agent to Sell the Property

Mary Stocker

Sotheby’s International Realty License #00927632 Listed on: 11/06/2017

Sotheby’s International Realty

Last Buyer's Agent

Ben Zoller

Monterey Coast Realty License #01967810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,587

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,345 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Wood Insert Heater

Listing and Financial Details

  • Assessor Parcel Number 007-162-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,587

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 2345
  • Year Built: 1964
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Insert, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Ceramic, Oven - Electric, Oven Range - Built-In
  • Living Sq Ft: 2345
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Inside
  • Additional Rooms: Bonus / Hobby Room, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Yard/Grounds: Balcony / Patio, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 007-162-012-000
  • Lot Acres: 0.3007
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13100.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Nov 29, 2017
Sold by
Montage Health Foundation
Bought by
Phillips James R and Phillips Pamela J
Seller's Agent
Mary Stocker
Sotheby’s International Realty
Buyer's Agent
Ben Zoller
Monterey Coast Realty
List Price
$1,049,000
Sold Price
$1,075,000
Premium/Discount to List
$26,000
2.48%
Total Days on Market
1
Current Estimated Value
$2,312,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,230
Avg. Annual Appreciation
10.38%
Original Mortgage
$475,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2017
Sold by
Davis Virginia May
Bought by
Montage Health Foundation

Purchase Details

Closed on
Jul 21, 1999
Sold by
Davis Virginia May
Bought by
Davis Virginia May and Virginia May Davis Trust
Source: Public Records

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Range of Values:

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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
Phillips James R $1,075,000 Old Republic Title Company
Montage Health Foundation -- None Available
Davis Virginia May -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James R $455,000
Closed Phillips James R $458,000
Closed Phillips James R $462,000
Closed Phillips James R $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $1,075,000 +2.5% $458 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $1,049,000 -- $447 / 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
2024 $13,587 $1,199,178 $780,861 $418,317
2023 $13,737 $1,175,665 $765,550 $410,115
2022 $13,425 $1,152,614 $750,540 $402,074
2021 $13,302 $1,130,015 $735,824 $394,191
2020 $13,011 $1,118,430 $728,280 $390,150
2019 $12,571 $1,096,500 $714,000 $382,500
2018 $12,298 $1,075,000 $700,000 $375,000
2017 $5,648 $455,208 $182,079 $273,129
2016 $5,618 $446,283 $178,509 $267,774
2015 $5,497 $439,580 $175,828 $263,752
2014 $5,360 $430,970 $172,384 $258,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684003

MLSListings

APN: 007-162-012-000