NOT LISTED FOR SALE

1251 Padre Ln Pebble Beach, CA 93953

Estimated Value: $7,276,000 - $8,797,167

4 Beds
6 Baths
5,344 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $5,900,000 $1,104 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $50,752/month

212 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Deck
  • Carmel River Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Marble Flooring

About This Home

As of December 2013

A rare opportunity to live in grand style and comfort with views and sounds of the ocean ever present. Located just a short walk to the Pebble Beach Lodge and Golf Links on arguably the best street in Pebble Beach this designer remodeled home is perfect for refined living and indoor/outdoor entertaining. The gated estate is destined to become a heritage property for the next fortunate owners.

Last Agent to Sell the Property

Doug McKenzie

Coldwell Banker Realty License #70056612 Listed on: 04/18/2013

Coldwell Banker Realty

Last Buyer's Agent

Patrick J. Kennelly

Performance Realty Group License #01482979

Performance Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,363

Year Built

  • Built in 1996

Lot Details

  • Security Fence
  • Lot Sloped Up
  • Sprinklers on Timer
  • Zoning described as R1

Home Design

  • Mediterranean Architecture
  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,344 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Skylights
  • Free Standing Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Utility Room
  • Ocean Views
  • Attic

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Wood Insert Heater
  • Radiant Heating System
  • Water Softener is Owned
  • Sewer Within 50 Feet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 008-293-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,363

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 17
  • Sale Price Per Sq Ft: 1104.04
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 5344
  • Map Book Page: 1133
  • Map Side Coordinate: 6
  • Map Top Coordinate: A
  • Thomas Bros Page: 1133
  • Thomas Brothers: A6
  • Year Built: 1996
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Insert, Free Standing, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Breakfast Room
  • Kitchen: Pantry, Cooktop, Garbage Disposal, Oven Range, Dishwashers - 2+, Microwave, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Refrigerators - 2+, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 5344
  • Stories: 2
  • Security: Security Alarm - Owned, Fire Alarm, Fire System - Sprinkler, Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Area, Hardwood - Partial, Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Utility Room, Den / Study / Office, Library, Formal Entry, Attic, Storage
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, No Tub, Stall Shower - 2+, Tub with Jets, Half Bath - More than 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Ocean
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Deck, Fenced, Game Court Out/In
  • Exterior: Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Heating - 2+ Zones, Radiant, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Wet Bar, Built-in Vacuum

Schools

  • School District: Carmel Unified
  • Middle School: Carmel Middle
  • Middle School: 511

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 008-293-012
  • List Price per Sq Ft: 1215.94
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 57194.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 57194.00
  • Lot Size Area Min Search: 57194.00
  • Maximum Lot Size: 57194.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Ceiling Insulation, Insulation - Per Owner, Caulked/Sealed, Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Carmel Unified
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2016
Sold by
Spencer Claire A
Bought by
Spencer Claire A
Current Estimated Value
$8,241,056

Purchase Details

Listed on
Apr 18, 2013
Closed on
Dec 5, 2013
Sold by
Mcnabb Ronald Jack and Mcnabb Joann Carroll
Bought by
Spencer Claire A
Seller's Agent
Doug McKenzie
Coldwell Banker Realty
Buyer's Agent
Patrick J. Kennelly
Performance Realty Group
List Price
$6,498,000
Sold Price
$5,900,000
Premium/Discount to List
-$598,000
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$3,540,000
Outstanding Balance
$725,386
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$7,515,670

Purchase Details

Closed on
May 14, 1996
Sold by
Bengert Penelope A Tuck and Bengert Penny Ann
Bought by
Bengert Raymond and Bengert Penny Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
Spencer Claire A -- None Available
Spencer Claire A $5,900,000 Old Republic Title Company
Bengert Raymond -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Claire A $3,540,000
Closed Spencer Claire A $3,540,000
Previous Owner Mcnabb Ronald Jack $550,000
Previous Owner Mcnabb Ronald Jack $500,000
Previous Owner Bengert Raymond $200,000
Previous Owner Bengert Raymond $1,600,000
Previous Owner Bengert Raymond $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2013 12/12/13 Sold $5,900,000 -9.2% $1,104 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $6,498,000 -- $1,216 / 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 $74,363 $7,232,588 $3,677,587 $3,555,001
2024 $74,363 $7,090,774 $3,605,478 $3,485,296
2023 $74,110 $6,951,740 $3,534,783 $3,416,957
2022 $71,652 $6,815,432 $3,465,474 $3,349,958
2021 $70,893 $6,681,797 $3,397,524 $3,284,273
2020 $69,362 $6,613,284 $3,362,687 $3,250,597
2019 $68,005 $6,483,612 $3,296,752 $3,186,860
2018 $66,718 $6,356,483 $3,232,110 $3,124,373
2017 $65,327 $6,231,847 $3,168,736 $3,063,111
2016 $64,276 $6,109,654 $3,106,604 $3,003,050
2015 $63,355 $6,017,882 $3,059,940 $2,957,942
2014 $62,671 $5,900,000 $3,000,000 $2,900,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Doug McKenzie

    Coldwell Banker Realty

    Section Image

  • P

    Buyer's Agent in 2013

    Patrick J. Kennelly

    Performance Realty Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81312687

MLSListings

APN: 008-293-012-000

California Monterey County Pebble Beach 93953

1251 Padre Ln, Pebble Beach, CA

This home is located at 1251 Padre Ln, Pebble Beach, CA 93953 since 18 April 2013 and is currently estimated at $8,241,056, approximately $1,542 per square foot. This property was built in 1996. 1251 Padre Ln is a home located in Monterey County with nearby schools including Carmel River Elementary School, Carmel Middle School, and Carmel High School.

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