NOT LISTED FOR SALE

1272 Padre Ln Pebble Beach, CA 93953

Estimated Value: $4,466,000 - $8,036,000

4 Beds
4 Baths
6,270 Sq Ft
$956/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $3,330,000 $531 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $36,000/month

193 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Deck
  • Carmel River Elementary School Rated A+
  • Craftsman Architecture
  • Family Room with Fireplace

About This Home

As of March 2014

Perched above 17 Mile Dr with panoramic ocean views, this property is an exceptional value in an outstanding location on prestigious Padre Lane. The property has excellent bones & over 6000 sq ft with rec room & large workshop. Spacious rooms, high ceilings, & south west facing with natural light streaming in. Enjoy stunning sunsets, endless ocean views & indoor/outdoor living on the huge deck.

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 08/02/2013

Last Buyer's Agent

Michael Canning

Carmel Realty Company License #01004964

Carmel Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,366

Year Built

  • Built in 1955

Lot Details

  • Kennel or Dog Run
  • Fenced
  • Lot Sloped Up
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Foundation Moisture Barrier
  • Ceiling Insulation
  • Floor Insulation
  • Shake Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,270 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Workshop
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Wood Insert Heater
  • Heating System Uses Gas
  • Radiant Heating System
  • 220 Volts
  • Water Treatment System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 008-471-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,366

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional, Craftsman, Contemporary
  • Age: 59
  • Sale Price Per Sq Ft: 531.10
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 6270
  • Incorporated: Yes
  • Map Book Page: 79
  • Map Side Coordinate: 8
  • Map Top Coordinate: G
  • Thomas Bros Page: 79
  • Thomas Brothers: G8
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Insert, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Trash Compactor, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 6270
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Area, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Workshop, Den / Study / Office, Rec/Rumpus Room, Basement - Full, Guest Quarters, Attic, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets, Bidet

Exterior Features

  • Foundation: Foundation Moisture Barrier, Sealed Crawlspace, Concrete Perimeter, Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Wood Shakes / Shingles, Shake
  • View: Bay, Ocean
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Drought Tolerant Plants, Sustainable Deck Materials, BBQ Area, Deck, Dog Run / Kennel, Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar, Bay Window

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 008-471-005
  • List Price per Sq Ft: 633.97
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 47480.00
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 2068228800.00
  • Lot Size Area Min Search: 2068228800.00
  • Maximum Lot Size: 47480.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Insulation - Floor, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Mar 6, 2014
Sold by
Hornbuckle Gary D
Bought by
Miramar Pacific Holdings Inc
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Michael Canning
Carmel Realty Company
List Price
$4,500,000
Sold Price
$3,330,000
Premium/Discount to List
-$1,170,000
-26%
Current Estimated Value
$5,959,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,629,000

Purchase Details

Closed on
Jan 6, 2005
Sold by
Hornbuckle Gary D and Hornbuckle Sandra
Bought by
Hornbuckle Gary D and Hornbuckle Sandra
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
Miramar Pacific Holdings Inc -- First American Title Company
Hornbuckle Gary D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hornbuckle Gary D $264,000
Previous Owner Hornbuckle Gary D $268,500
Previous Owner Hornbuckle Gary D $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2014 03/10/14 Sold $3,330,000 -16.2% $531 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/20/2013 11/20/13 Price Changed $3,975,000 -11.7% $634 / Sq Ft
08/02/2013 08/02/13 For Sale $4,500,000 -- $718 / 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 $42,366 $4,082,115 $2,819,481 $1,262,634
2024 $42,366 $4,002,075 $2,764,198 $1,237,877
2023 $42,224 $3,923,604 $2,709,999 $1,213,605
2022 $40,815 $3,846,671 $2,656,862 $1,189,809
2021 $40,361 $3,771,247 $2,604,767 $1,166,480
2020 $39,480 $3,732,579 $2,578,059 $1,154,520
2019 $38,694 $3,659,392 $2,527,509 $1,131,883
2018 $37,954 $3,587,640 $2,477,950 $1,109,690
2017 $37,156 $3,517,295 $2,429,363 $1,087,932
2016 $36,551 $3,448,329 $2,381,729 $1,066,600
2015 -- $3,396,533 $2,345,954 $1,050,579
2014 -- $1,057,734 $497,091 $560,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81328320

MLSListings

APN: 008-471-005-000