Seller's Agent in 2019
Tim Allen
Coldwell Banker Realty
(831) 214-1990
87 in this area
340 Total Sales
1487 Padre Ln Pebble Beach, CA 93953
Estimated Value: $6,292,000 - $13,373,824
5
Beds
5.5
Baths
5,660
Sq Ft
$1,577/Sq Ft
Est. Value
Highlights
- Private Pool
- 0.62 Acre Lot
- Open to Family Room
- Carmel River Elementary School Rated A
- Living Room with Fireplace
- 3 Car Attached Garage
About This Home
As of April 2019RESORT-LIKE PEBBLE BEACH ESTATE STEPS FROM THE LODGE. Presenting a brand-new bright, fresh & spacious 5600+ Sq Ft state-of-the-art residence just steps from the Pebble Beach Lodge & PB Golf Course! This home breaks the mold with its 5 spacious suites, generous sized and amazingly luxurious common areas, and state-of-the-art kitchen. This gated sun-blessed 27,000 sq.ft. estate boasts a park-LIKE setting with peeks to the water, a large swimming pool, a sizable patio with built-in barbecue island, numerous private bedroom decks, a two-story living room complete with full-sized bar, a 3 car garage & generous off-street parking. This amazing home is the perfect place for entertaining & luxurious living, located conveniently in the heart of Pebble Beach's estate area.
Last Agent to Sell the Property
Coldwell Banker Realty License #00891159 Listed on: 01/28/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 2018
Lot Details
- 0.62 Acre Lot
- Zoning described as LDR/1.5-D(CZ)
Parking
- 3 Car Attached Garage
Home Design
- Slab Foundation
- Elastomeric Roof
Interior Spaces
- 5,660 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- 4 Fireplaces
- Dining Area
- Open to Family Room
Bedrooms and Bathrooms
- 5 Bedrooms
Pool
- Private Pool
- Spa
Outdoor Features
- Outdoor Fireplace
Utilities
- Central Air
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number 008-441-009-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2022
Sold by
Leslie And Heather Stretch 2014 Trust
Bought by
1487 Padre Lane Llc
Current Estimated Value
Purchase Details
Listed on
Jan 28, 2019
Closed on
Mar 26, 2019
Sold by
Allen Timothy K and Allen Lynn M
Bought by
Stretch Leslie and Stretch Heather
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Malone Hodges
Carmel Realty Company
List Price
$9,995,000
Sold Price
$8,850,000
Premium/Discount to List
-$1,145,000
-11.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$3,500,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 26, 2015
Sold by
Allen Timothy K and Allen Lynn M
Bought by
The Allen Family 1997 Revocable Trust
Purchase Details
Closed on
Jun 2, 2015
Sold by
Allen Timothy K and Allen Lynn M
Bought by
Allen Timothy K and Allen Lynn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,237,320
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 12, 2014
Sold by
Straface Daniel S and Straface David
Bought by
Allen Timothy K and Allen Lynn M
Purchase Details
Closed on
Sep 23, 2011
Sold by
Straface Daniel S and Straface David
Bought by
Straface Daniel S and Straface David
Purchase Details
Closed on
May 5, 2008
Sold by
Bruno Bart and Bruno James
Bought by
Straface Frank J
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
5.8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 6, 2006
Sold by
Riehl Donald R and The Donald R Riehl Revocable T
Bought by
Straface Frank J and Bruno Bart
Purchase Details
Closed on
Dec 12, 1996
Sold by
Riehl Donald R
Bought by
Riehl Donald R and The Donald R Riehl Revocable T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1487 Padre Lane Llc | $12,600,000 | Chicago Title | |
| Stretch Leslie | $8,850,000 | Old Republic Title Company | |
| The Allen Family 1997 Revocable Trust | -- | First American Title Co Er S | |
| Allen Timothy K | -- | First American Title Company | |
| Allen Timothy K | -- | First American Title Company | |
| Straface Daniel S | -- | First American Title Company | |
| Straface David | -- | First American Title Company | |
| Straface Daniel S | -- | None Available | |
| Straface Frank J | $1,030,000 | Accommodation | |
| Straface Frank J | -- | Stewart Title Of California | |
| Riehl Donald R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stretch Leslie | $3,500,000 | |
| Previous Owner | Allen Timothy K | $2,237,320 | |
| Previous Owner | Straface Frank J | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2019 04/12/19 | Sold | $8,850,000 | -11.5% | $1,564 / Sq Ft |
| 02/18/2019 02/18/19 | Pending | -- | -- | -- |
| 01/28/2019 01/28/19 | For Sale | $9,995,000 | -- | $1,766 / Sq Ft |
Source: MLSListings
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 | $136,709 | $13,371,220 | $9,550,872 | $3,820,348 |
| 2024 | $136,709 | $13,109,040 | $9,363,600 | $3,745,440 |
| 2023 | $136,021 | $12,852,000 | $9,180,000 | $3,672,000 |
| 2022 | $97,331 | $12,600,000 | $9,000,000 | $3,600,000 |
| 2021 | $96,318 | $9,120,519 | $6,183,403 | $2,937,116 |
| 2020 | $94,241 | $9,027,000 | $6,120,000 | $2,907,000 |
| 2019 | $43,974 | $4,174,698 | $1,318,698 | $2,856,000 |
| 2018 | $43,134 | $4,092,842 | $1,292,842 | $2,800,000 |
| 2017 | $24,152 | $2,267,493 | $1,267,493 | $1,000,000 |
| 2016 | $14,635 | $1,346,194 | $1,242,641 | $103,553 |
| 2015 | $13,990 | $1,325,974 | $1,223,976 | $101,998 |
| 2014 | $18,877 | $1,778,875 | $1,595,248 | $183,627 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Allen
-
Malone Hodges
Buyer's Agent in 2019
Malone Hodges
Carmel Realty Company
(831) 601-4740
7 in this area
44 Total Sales
Map
Source: MLSListings
MLS Number: ML81736812
APN: 008-441-009-000
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