NOT LISTED FOR SALE

1256 Padre Ln Pebble Beach, CA 93953

Estimated Value: $7,643,000 - $11,492,166

5 Beds
6 Baths
5,661 Sq Ft
$1,642/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $4,200,000 $742 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $55,749/month

397 Days on Market

Highlights

  • Ocean View
  • 1.24 Acre Lot
  • Fireplace in Primary Bedroom
  • Carmel River Elementary School Rated A+
  • Dumbwaiter
  • Deck

About This Home

As of June 2020

What could be better than picturesque Point Lobos and ocean views all day long? The breathtaking sunsets from this elegant, west-facing gated home that is ideally located close to the Pebble Beach Lodge. This stylish well-designed home on a sought after street is in the estate area of Pebble Beach. This graceful home offers a fantastic flow for entertaining, with high ceilings that create volume and scale in the generous open kitchen, family room and formal dining room. From the living room a wall of French doors creates a wealth of natural light throughout as well as access to the ocean-view deck. The master suite is on the mail level and enjoys the same spectacular ocean views, two walk-in closets and its own private patio. Four more bedrooms, four bathrooms, two half baths plus several bonus rooms that could be used as recreation rooms or guest spaces plus a three-car garage complete this package. To see this home virtually right now, go to www.1256PadreLn.com

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 04/17/2019

Last Buyer's Agent

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 04/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,912

Year Built

  • 1988

Lot Details

  • 1.24 Acre Lot
  • West Facing Home
  • Gated Home
  • Sprinkler System
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,661 Sq Ft Home
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Dumbwaiter
  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Stone Countertops In Bathroom
  • Bidet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,912

Year Built

1988

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 31
  • Listing Class: Residential
  • Structure Sq Ft: 5661
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Log, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Marble, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Island With Sink, Microwave, Oven - Self Cleaning, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5661
  • Security: Security Alarm
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Concrete, Hardwood
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Bidet, Double Sinks, Primary - Stall Shower(s), Primary - Tub With Jets, Showers Over Tubs - 2+, Steam Shower, Stone, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Lawn
  • Fencing: Gate
  • Property Faces: West
  • Pool: Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, Dumbwaiter, High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Acres: 1.2399
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 54010.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 54010.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 11, 2020
Sold by
Reynolds Samuel Koa and Reynolds Cherie
Bought by
Stephens Andrew G and Stephens Katherine H
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Shelly Lynch
Carmel Realty Company
List Price
$5,600,000
Sold Price
$4,200,000
Premium/Discount to List
-$1,400,000
-25%
Current Estimated Value
$9,295,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,095,389
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Reynolds Samuel Koa and Reynolds Cherie
Bought by
Reynolds Samuel Koa and Reynolds Cherie

Purchase Details

Closed on
Feb 1, 2018
Sold by
Wright Ronald Douglas
Bought by
Reynolds Samuel Koa and Reynolds Cherie

Purchase Details

Closed on
Jun 17, 2013
Sold by
Wright Madeleine Christine
Bought by
Wright Ronald Douglas and Wright Madeleine Christine

Purchase Details

Closed on
Jan 10, 1996
Sold by
Wright Ronald D
Bought by
Wright Madeleine C

Purchase Details

Closed on
Apr 6, 1995
Sold by
Templeman Edward J and Templeman Kathleen M
Bought by
Wright Ronald D and Wright Madeleine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Stephens Andrew G $4,200,000 Chicago Title Company
Reynolds Samuel Koa -- None Available
Reynolds Samuel Koa -- None Available
Wright Ronald Douglas -- None Available
Wright Madeleine C -- --
Wright Ronald D $1,750,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Madeleine C $1,840,000
Previous Owner Wright Ronald D $1,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $4,200,000 -19.2% $742 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
08/01/2019 08/01/19 Price Changed $5,200,000 -7.1% $919 / Sq Ft
04/17/2019 04/17/19 For Sale $5,600,000 -- $989 / 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 $65,912 $6,932,842 $2,952,842 $3,980,000
2024 $65,912 $6,874,944 $2,894,944 $3,980,000
2023 $44,247 $6,218,181 $2,838,181 $3,380,000
2022 $45,787 $4,328,381 $2,782,531 $1,545,850
2021 $45,284 $4,243,512 $2,727,972 $1,515,540
2020 $42,750 $4,057,560 $2,496,960 $1,560,600
2019 $41,899 $3,978,000 $2,448,000 $1,530,000
2018 $27,517 $2,583,361 $1,623,830 $959,531
2017 $26,935 $2,532,708 $1,591,991 $940,717
2016 $26,491 $2,483,048 $1,560,776 $922,272
2015 -- $2,445,751 $1,537,332 $908,419
2014 -- $2,397,843 $1,507,218 $890,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81747529

MLSListings

APN: 008-471-016-000