NOT LISTED FOR SALE

1164 Arroyo Dr Pebble Beach, CA 93953

Estimated Value: $4,787,000 - $6,164,000

3 Beds
4.5 Baths
3,307 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $3,700,000 $1,119 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $31,175/month

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Fireplace in Primary Bedroom
  • Forest Grove Elementary School Rated A
  • Golf Course View
  • Recreation Room

About This Home

As of March 2021

This single-story gorgeous Mediterranean estate sits on the 3rd fairway of the MPCC Dunes course on a quiet cul-de-sac. The living room boasts soaring ceilings, a fireplace, and French doors leading to a large terrace perfect for entertaining or viewing golf play. The open floor plan also features a large gourmet kitchen, charming formal dining room, 3 bedrooms and 4.5 bathrooms. The master suite includes a spa-like bathroom with waterfall shower and large walk-in closet. An elevator to a lower level includes an oversized garage, workout room, dry sauna & storage. Enjoy morning coffee on the terrace or cozy evenings around the outdoor fireplace and kitchen. Minutes to the beach, MPCC, Pebble Beach courses, and town.

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 02/02/2021

Last Buyer's Agent

Jamal Noorzoy

Carmel Realty Company License #01119622

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,669

Year Built

  • 2009

Lot Details

  • 9,500 Sq Ft Lot
  • Northeast Facing Home
  • Fenced Front Yard
  • Mostly Level

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking
  • Golf Cart Garage

Property Views

  • Golf Course
  • Skyline
  • Forest

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,307 Sq Ft Home
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Alarm System
  • Panic Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Built-In Barbecue

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Power Generator
  • Individual Gas Meter
  • Water Purifier is Owned
  • Septic Tank

Community Details

  • Safe or Vault

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,669

Year Built

2009

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Custom, Mediterranean
  • Age: 12
  • Listing Class: Residential
  • Structure Sq Ft: 3307
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Log, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Built-In Bbq Grill, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Self Cleaning, Oven Range - Electric, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3307
  • Security: Fire Alarm, Fire System - Sprinkler, Panic Alarm, Secured Garage / Parking, Security Alarm, Vault
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Mud Room, Recreation Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Granite, Marble, Sauna, Skylight, Stall Shower, Steam Shower, Tile

Exterior Features

  • Foundation: Concrete Block, Concrete Perimeter
  • Roof: Tile
  • View: Forest / Woods, Golf Course
  • Fencing: Fenced Front
  • Property Faces: Northeast

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Golf Cart, On Street, Workshop In Garage

Utilities

  • Heating System: Central Forced Air, Fireplace, Radiant
  • Sewer/Septic System: Septic Connected, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2181
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9500.00
  • Soil: Unknown

Multi Family

  • Utilities: Generator, Individual Gas Meters, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Jan 19, 2021
Sold by
Gherman Richard J and Gherman Laura B
Bought by
Baggett Kenneth Robin and Baggett Alicia Michelle
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Jamal Noorzoy
Carmel Realty Company
List Price
$3,650,000
Sold Price
$3,700,000
Premium/Discount to List
$50,000
1.37%
Current Estimated Value
$5,000,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,300,922
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Gherman Richard J and Gherman Laura B
Bought by
The Gherman 1987 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 2003
Sold by
Gherman Richard J and Gherman Laura B
Bought by
Gherman Richard J and Gherman Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3%

Purchase Details

Closed on
Mar 7, 2003
Sold by
Rhineshart Jack
Bought by
Gherman Richard J and Gherman Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Maurine E Rhineshart Trust
Bought by
Maurine E Rhineshart Trust
Source: Public Records

Range of Values:

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Average Value
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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
Baggett Kenneth Robin $3,700,000 Old Republic Title Company
The Gherman 1987 Trust -- Old Republic Title Company
Gherman Richard J -- Chicago Title
Gherman Richard J -- Chicago Title
Maurine E Rhineshart Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baggett Kenneth Robin $2,437,500
Previous Owner Gherman Richard J $1,000,000
Previous Owner The Gherman 1987 Trust $500,000
Previous Owner Gherman Richard J $850,000
Previous Owner Gherman Richard J $980,000
Previous Owner Gherman Richard J $550,000
Previous Owner Gherman Richard J $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $3,700,000 +1.4% $1,119 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $3,650,000 -- $1,104 / 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 $42,669 $4,004,997 $2,056,620 $1,948,377
2024 $42,669 $3,926,469 $2,016,295 $1,910,174
2023 $43,076 $3,849,480 $1,976,760 $1,872,720
2022 $42,169 $3,774,000 $1,938,000 $1,836,000
2021 $28,818 $3,700,000 $1,900,000 $1,800,000
2020 $28,214 $2,501,259 $794,594 $1,706,665
2019 $27,288 $2,452,215 $779,014 $1,673,201
2018 $26,717 $2,404,134 $763,740 $1,640,394
2017 $26,263 $2,356,995 $748,765 $1,608,230
2016 $26,218 $2,310,781 $734,084 $1,576,697
2015 $25,753 $2,276,072 $723,058 $1,553,014
2014 -- $2,231,488 $708,895 $1,522,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81828147

MLSListings

APN: 007-531-012-000