NOT LISTED FOR SALE

1423 Riata Rd Pebble Beach, CA 93953

Estimated Value: $5,290,461 - $6,907,000

5 Beds
5.5 Baths
4,805 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $5,400,000 $1,124 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $33,696/month

2 Days on Market

Highlights

  • 0.9 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Carmel River Elementary School Rated A+
  • Two Way Fireplace
  • Den

About This Home

As of September 2022

A spacious Pebble Beach estate just a stroll from the resort's world-class amenities, featuring lush gardens, a putting green, and elegant indoor/outdoor living spaces. Much of the home's ~4,800 square feet is designed as single-level living, with five bedrooms including a 2-bed/2-bath guest suite and a large office. Passing through the formal entry you are greeted with elegant living and formal dining rooms, and a spacious family room leading into the beautiful kitchen complete with dual-sided fireplace. Other highlights include a 3-car garage with plentiful storage, entrance carport, a greenhouse, and meandering landscaped pathways leading around the property. With plenty of space to entertain friends and family, this Pebble Beach haven is ready for its new owners to enjoy for years to come.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 08/17/2022

Coldwell Banker Realty

Last Buyer's Agent

Debbie Sanders

Compass License #01966114

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,738

Year Built

  • 1990

Lot Details

  • 0.9 Acre Lot
  • Partially Fenced Property

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,805 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Two Way Fireplace
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Alarm System

Kitchen

  • Breakfast Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,738

Year Built

1990

Lot Details

0

Parking

3

Listing Details

  • Zoning: R-1-B-5
  • Subclass: Single Family Home
  • Style: Colonial, Ranch
  • Age: 32
  • Listing Class: Residential
  • Structure Sq Ft: 4805
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Gas Burning
  • Dining Room: Breakfast Nook, Breakfast Room, Dining Area, Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 4805
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Concrete, Tile
  • Fencing: Partial Fencing
  • Construction Type: Wood Frame

Garage/Parking

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

  • Lot Acres: 0.9040
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39378.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 39378.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 15, 2022
Sold by
William J Latchford Trust
Bought by
Tpc-Jlc Living Trust
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Debbie Sanders
Compass
List Price
$5,400,000
Sold Price
$5,400,000
Views
1
Current Estimated Value
$5,846,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,820
Avg. Annual Appreciation
2.85%

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 25, 2017
Sold by
Mason Raymond K and The Varina Knight Mason Testam
Bought by
Latchford William J and William J Latchford Trust Udd
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,650,000
Premium/Discount to List
-$145,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%

Purchase Details

Listed on
Nov 26, 2013
Closed on
Feb 19, 2014
Sold by
Rasch Robert M and Riata Road Qprt
Bought by
Testamenta Mason Raymond K and Testamenta Varina Knight Mason
Seller's Agent
Mary Bell
Carmel Realty Company
Buyer's Agent
Jan Williams
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,350,000
Premium/Discount to List
-$245,000
-9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Aug 17, 2011
Sold by
Backer Rushton O and The Backer Revocable Trust
Bought by
Rasch Robert M and Riata Road Qprt

Purchase Details

Closed on
Sep 15, 2010
Sold by
Backer Ruth M and Pebble Beach Qprt
Bought by
Backer Rushton O and Backer Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Backer Rushton O and Riata Road Qprt
Bought by
Rasch Robert M and Riata Road Qprt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Backer Rushton O and Backer Ruth M
Bought by
Backer Rushton O and Riata Road Orpt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Backer Rushton O and Backer Ruth M
Bought by
Backer Rushton O and The Riata Road Orpt

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
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1995
Sold by
Backer Ruth M
Bought by
Backer Ruth M and The Pebble Beach Qprt
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tpc-Jlc Living Trust $5,400,000 Old Republic Title
Latchford William J $2,650,000 Chicago Title Company
Testamenta Mason Raymond K $2,350,000 First American Title Company
Rasch Robert M -- None Available
Backer Rushton O -- None Available
Backer Rushton O -- First American Title
Rasch Robert M -- None Available
Backer Rushton O -- First American Title Co
Backer Rushton O -- First American Title Co
Backer Rushton O -- First California Title Co
Backer Rushton O -- First California Title Co
Backer Ruth M -- --
Backer Ruth M -- --
Backer Rushton O -- --
Backer Rushton O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Backer Rushton O $1,600,000
Previous Owner Rasch Robert M $500,000
Previous Owner Backer Rushton O $1,600,000
Previous Owner Backer Rushton O $500,000
Previous Owner Backer Rushton O $1,500,000
Previous Owner Backer Rushton O $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $5,400,000 0.0% $1,124 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $5,400,000 +103.8% $1,124 / Sq Ft
06/06/2017 06/06/17 Sold $2,650,000 -5.2% $537 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $2,795,000 +18.9% $566 / Sq Ft
02/26/2014 02/26/14 Sold $2,350,000 -9.4% $489 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $2,595,000 -- $540 / 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 $15,738 $1,424,082 $601,088 $822,994
2024 $15,738 $1,396,159 $589,302 $806,857
2023 $58,227 $1,368,785 $577,748 $791,037
2022 $31,432 $5,400,000 $2,500,000 $2,900,000
2021 $31,047 $2,841,334 $1,501,082 $1,340,252
2020 $30,347 $2,812,201 $1,485,691 $1,326,510
2019 $29,719 $2,757,060 $1,456,560 $1,300,500
2018 $29,131 $2,703,000 $1,428,000 $1,275,000
2017 $26,765 $2,482,175 $1,320,306 $1,161,869
2016 $26,313 $2,433,506 $1,294,418 $1,139,088
2015 $25,906 $2,396,953 $1,274,975 $1,121,978
2014 $14,695 $1,312,068 $331,054 $981,014
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2022

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    100 in this area

    355 Total Sales

    Tim Allen
    Section Image

  • D

    Buyer's Agent in 2022

    Debbie Sanders

    Compass

    Section Image
  • Mary Bell

    Seller's Agent in 2014

    Mary Bell

    Carmel Realty Company

    (831) 622-1000

    6 in this area

    21 Total Sales

    Mary Bell
    Section Image

  • J

    Buyer's Agent in 2014

    Jan Williams

    Coldwell Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81904162

MLSListings

APN: 008-331-024-000

California Monterey County Pebble Beach 93953

1423 Riata Rd, Pebble Beach, CA

This home is located at 1423 Riata Rd, Pebble Beach, CA 93953 since 17 August 2022 and is currently estimated at $5,846,820, approximately $1,216 per square foot. This property was built in 1990. 1423 Riata Rd 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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