NOT LISTED FOR SALE

1278 Padre Ln Del Monte Forest, CA 93953

Estimated Value: $4,863,642 - $6,901,000

3 Beds
4 Baths
2,750 Sq Ft
$2,223/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $4,000,000 $1,455 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $35,458/month

129 Days on Market

Highlights

  • Ocean View
  • 1.11 Acre Lot
  • Dining Area
  • Carmel River Elementary School Rated A+
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of April 2019

Pebble Beach Ocean View Post Adobe. Enjoy beautiful ocean and Point Lobos Views from this comfortable single-level, Post-Adobe, 3-bedroom, 4-bath home set on a 1+ acre site not far from the Pebble Beach Lodge and the Beach & Tennis Club. The spacious beam-ceiling living room with fireplace and built-in bookcase opens to a view deck that surrounds the front of the home offering 3 separate seating areas. The cheerful kitchen with garden window also enjoys ocean and forest views. The spacious master bedroom with cedar-lined closets opens to a patio with seating area. The home also features an interior courtyard with exposed aggerate patio.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 09/10/2018

Coldwell Banker Realty

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 09/10/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,225

Year Built

  • Built in 1951

Lot Details

  • 1.11 Acre Lot
  • Southwest Facing Home
  • Zoning described as LDR/1.5-D(CZ)

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Forest

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 008-471-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,225

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 2750
  • Year Built: 1951
  • Zoning Description: LDR/1.5-D(CZ)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room, Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 2750
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Concrete, Shake
  • View: Forest / Woods, Ocean
  • Property Faces: Southwest

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 008-471-006-000
  • Lot Acres: 1.1100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 48352.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 48352.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Mar 20, 2019
Sold by
Zahm Zahm Nancy Lee Nancy Lee
Bought by
Vaughan Ed and Vaughan Lisa
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$4,695,000
Sold Price
$4,000,000
Premium/Discount to List
-$695,000
-14.8%
Current Estimated Value
$5,800,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,800,724
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Feb 3, 2006
Sold by
Zahm Richard H and Zahm Nancy Lee
Bought by
Zahm Richard J and Zahm Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Zahm Richard H and Zahm Nancy L
Bought by
Zahm Richard H and Zahm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2002
Sold by
Zahm Nancy and Zahm Richard
Bought by
Zahm Richard and Zahm Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving
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
Vaughan Ed $4,000,000 Chicago Title Company Salina
Zahm Richard J -- Financial Title Company
Zahm Richard H -- Financial Title Company
Zahm Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zahm Richard H $972,000
Previous Owner Zahm Richard $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $4,000,000 -14.8% $1,455 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
09/10/2018 09/10/18 For Sale $4,695,000 -- $1,707 / 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 $46,225 $4,462,072 $4,350,522 $111,550
2024 $46,225 $4,374,581 $4,265,218 $109,363
2023 $46,041 $4,288,806 $4,181,587 $107,219
2022 $44,505 $4,204,713 $4,099,596 $105,117
2021 $44,014 $4,122,268 $4,019,212 $103,056
2020 $43,055 $4,080,000 $3,978,000 $102,000
2019 $17,225 $1,589,175 $1,191,885 $397,290
2018 $16,885 $1,558,015 $1,168,515 $389,500
2017 $16,523 $1,527,466 $1,145,603 $381,863
2016 $16,244 $1,497,517 $1,123,141 $374,376
2015 -- $1,475,024 $1,106,271 $368,753
2014 -- $1,446,131 $1,084,601 $361,530
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2019

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    100 in this area

    353 Total Sales

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Map

Source: MLSListings

MLS Number: ML81722693

MLSListings

APN: 008-471-006-000

California Monterey County Pebble Beach 93953

1278 Padre Ln, Pebble Beach, CA

This home is located at 1278 Padre Ln, Del Monte Forest, CA 93953 since 10 September 2018 and is currently estimated at $6,111,881, approximately $2,222 per square foot. This property was built in 1951. 1278 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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