$2,350,000
SOLD FEB 26, 2014

1423 Riata Rd Pebble Beach, CA 93953

5 Beds
5.5 Baths
4,805 Sq Ft
0.9 Acres

Recently Sold

$489 Per Sq Ft

9% Below List Price

77 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Carmel River Elementary School Rated A+
  • Wood Flooring
  • <<bathWSpaHydroMassageTubToken>>

About This Home

As of September 2022

Bright and sunny central living areas are earmarks of this centrally located PB home. Now freshened and buffed, this 5BR 5.5BA home enjoys a 2BR/2BA guest suite w/sitting room upstairs. Formal entry, dining rooms, 3 fireplaces, family room w/ wet bar, kitchen w/BR area. Wood/carpet floors, 3 car garage. Pleasant back yard, patio and upstairs sun deck.

Last Agent to Sell the Property

Mary Bell

Carmel Realty Company License #00649274 Listed on: 11/26/2013

Last Buyer's Agent

Jan Williams

Coldwell Banker Realty License #00914386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,738

Year Built

  • Built in 1990

Lot Details

  • Lot Sloped Up
  • Sprinklers on Timer
  • Zoning described as R-185

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,805 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Two Way Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • <<bathWSpaHydroMassageTubToken>>
  • <<tubWithShowerToken>>
  • Walk-in Shower

Parking

  • Detached Garage
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 008-331-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,738

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 24
  • Sale Price Per Sq Ft: 489.07
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 4805
  • Map Book Page: 80
  • Map Side Coordinate: 7
  • Map Top Coordinate: A
  • Thomas Bros Page: 80
  • Thomas Brothers: A7
  • Year Built: 1990
  • Zoning Description: R-185
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Gas Log, Dual See Thru, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Breakfast Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 4805
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room
  • Flooring: Carpet - Area, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Den / Study / Office, Guest Quarters
  • Maximum Bathrooms: 6
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 6
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 1, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinklers - Auto

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

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

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 008-331-024
  • List Price per Sq Ft: 540.06
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39378.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 39378.00
  • Lot Size Area Min Search: 39378.00
  • Maximum Lot Size: 39378.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

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 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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,400,000 Old Republic Title
Grant Deed $2,650,000 Chicago Title Company
Grant Deed $2,350,000 First American Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First California Title Co
Interfamily Deed Transfer -- First California Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 New Conventional
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Previous Owner $1,600,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $500,000 Credit Line Revolving
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

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Map

Source: MLSListings

MLS Number: ML81341883

MLSListings

APN: 008-331-024-000