NOT LISTED FOR SALE

1179 Arroyo Dr Pebble Beach, CA 93953

Estimated Value: $2,198,593 - $3,336,000

3 Beds
2.5 Baths
2,178 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $1,100,000 $505 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $16,182/month

20 Days on Market

Highlights

  • Golf Course View
  • Deck
  • Traditional Architecture
  • Forest Grove Elementary School Rated A
  • Living Room with Fireplace
  • Breakfast Area or Nook

About This Home

As of August 2014

Located on a quiet tree-lined street with frontage to the 4th fairway of the MPCC Dunes Course, this single level 3 bed 2.5 bath home is both charming and comfortable. This feel-good home is pristine and has been thoroughly maintained. Remodeled in 1986, the large open floor plan is versatile for all. Enjoy lounging on the decks that are setback from the golf course. Welcome to the good life!

Last Agent to Sell the Property

Kim DiBenedetto

Coldwell Banker Realty License #01278679 Listed on: 07/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Peter Butler

Carmel Realty Company License #01222453

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,692

Year Built

  • Built in 1977

Lot Details

  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,178 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Tile Flooring
  • Golf Course Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 007-531-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,692

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 37
  • Sale Price Per Sq Ft: 505.05
  • Listing Class: Residential
  • Structure Sq Ft: 2178
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 4
  • Map Top Coordinate: C
  • Thomas Bros Page: 80
  • Thomas Brothers: C4
  • Year Built: 1977
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Insert, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Cooktop, Microwave, Ovens - 2+, Hookups - Gas
  • Living Sq Ft: 2178
  • Stories: 1
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall
  • Additional Rooms: Utility Room
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood, Golf Course
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Deck
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Wet Bar

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 007-531-023
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 527.55
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9000.00
  • Lot Size Area Min Search: 9000.00
  • Maximum Lot Size: 9000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2014
Sold by
Magnuson Richard R
Bought by
Magnuson Richard R and The Richard R Magnuson Jr Sepa
Current Estimated Value
$2,708,325

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 26, 2014
Sold by
Sproule Christine and Regan Family Trust
Bought by
Magnuson Richard R
Seller's Agent
Kim DiBenedetto
Coldwell Banker Realty
Buyer's Agent
Peter Butler
Carmel Realty Company
List Price
$1,149,000
Sold Price
$1,100,000
Premium/Discount to List
-$49,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$770,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 5, 2012
Sold by
Regan Richard A and Regan Family Trust
Bought by
Regan Richard A and Regan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,901
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
Regan Richard A
Bought by
Regan Richard A and The Regan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,901
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Regan Richard A and Regan Joan A
Bought by
Regan Richard A and Regan Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.96%
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
Magnuson Richard R -- None Available
Magnuson Richard R $1,100,000 Chicago Title Company
Regan Richard A -- None Available
Regan Richard A -- None Available
Regan Richard A -- None Available
Regan Richard A -- First American Title
Regan Richard A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnuson Richard R $668,500
Closed Magnuson Richard R $672,750
Closed Magnuson Richard R $755,000
Closed Magnuson Richard R $765,000
Closed Magnuson Richard R $770,000
Previous Owner Regan Richard A $94,901
Previous Owner Regan Richard A $50,000
Previous Owner Regan Richard A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $1,100,000 0.0% $505 / Sq Ft
08/29/2014 08/29/14 Off Market $1,100,000 -- --
07/27/2014 07/27/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $1,149,000 -- $528 / 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 $14,692 $1,322,027 $841,290 $480,737
2024 $14,692 $1,296,106 $824,795 $471,311
2023 $14,853 $1,270,693 $808,623 $462,070
2022 $14,520 $1,245,778 $792,768 $453,010
2021 $14,392 $1,221,352 $777,224 $444,128
2020 $14,080 $1,208,830 $769,255 $439,575
2019 $13,608 $1,185,128 $754,172 $430,956
2018 $13,315 $1,161,891 $739,385 $422,506
2017 $13,081 $1,139,110 $724,888 $414,222
2016 $13,045 $1,116,775 $710,675 $406,100
2015 $12,801 $1,100,000 $700,000 $400,000
2014 $5,976 $493,709 $191,112 $302,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81423975

MLSListings

APN: 007-531-023-000