NOT LISTED FOR SALE

1564 Riata Rd Pebble Beach, CA 93953

Estimated Value: $5,436,000 - $8,876,992

4 Beds
5.5 Baths
4,473 Sq Ft
$1,525/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $2,600,000 $581 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $39,644/month

Highlights

  • Ocean View
  • Guest House
  • Sauna
  • Carmel River Elementary School Rated A
  • Spa
  • Fireplace in Primary Bedroom

About This Home

As of September 2012

Here’s a real opportunity to create a beautiful estate with a major remodel. The “bones” are all there. This is a classic Mediterranean on prestigious Riata Road, just above the 17 Mile Drive. We have temporary plans to preserve and remodel while adding a separate guest house. Total potential living space over 7,000 square feet. Lots of water. Stillwater Cove views. Super, quiet location.

Last Agent to Sell the Property

Vicki Mitchell

Carmel Realty Company License #00541827 Listed on: 09/20/2012

Last Buyer's Agent

Christopher Pryor

Carmel Realty Company License #01750627

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 1.03

Parking

  • Detached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,473 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Sauna
  • Dishwasher
  • Ocean Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Spa
  • Zoning described as R1
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 008-351-034

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Sale Price Per Sq Ft: 581.27
  • Listing Class: Residential
  • Structure Sq Ft: 4473
  • Incorporated: Yes
  • Map Book Page: 1133
  • Map Side Coordinate: 6
  • Map Top Coordinate: C
  • Thomas Bros Page: 1133
  • Thomas Brothers: C6
  • Year Built: 1928
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Refrigerator
  • Living Sq Ft: 4473
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Guest House, Loft
  • Maximum Bathrooms: 6
  • Minimum Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Steam Room or Sauna, Spa / Hot Tub, Pool - No
  • Roof: Tile
  • View: Ocean
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Detached Garage

Utilities

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

Lot Info

  • Parcel Number: 008-351-034
  • List Price per Sq Ft: 625.98
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44779.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 44779.00
  • Lot Size Area Min Search: 44779.00
  • Maximum Lot Size: 44779.00
  • Map Book: Thomas Bros

MLS Schools

  • High School District Text: Carmel Unified
  • Elementary School Text: Carmel River Elementary
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Sep 11, 2012
Sold by
Lopez George E
Bought by
Odonnell William S and The Odonnell 2012 Riata Family T
Seller's Agent
Vicki Mitchell
Carmel Realty Company
Buyer's Agent
Christopher Pryor
Carmel Realty Company
List Price
$2,600,000
Sold Price
$2,600,000
Current Estimated Value
$6,823,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,223,248
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Jul 27, 2011
Sold by
Lopez George and Lopez Ann S
Bought by
Lopez George E

Purchase Details

Closed on
Apr 14, 2005
Sold by
Lopez George and Lopez Ann S
Bought by
Lopez George and Lopez Ann S

Purchase Details

Closed on
Mar 25, 2004
Sold by
Larson Louis A and Larson Pamela J
Bought by
Lopez George and Lopez Ann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,982,500
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Odonnell William S $2,600,000 Old Republic Title Company
Lopez George E -- None Available
Lopez George -- --
Lopez George -- --
Lopez George $3,050,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez George $1,982,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2012 09/20/12 Sold $2,600,000 0.0% $581 / Sq Ft
09/20/2012 09/20/12 For Sale $2,600,000 -- $581 / 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 $50,538 $4,886,736 $3,201,709 $1,685,027
2024 $50,538 $4,790,919 $3,138,931 $1,651,988
2023 $50,431 $4,696,981 $3,077,384 $1,619,597
2022 $48,754 $4,604,885 $3,017,044 $1,587,841
2021 $48,222 $4,514,594 $2,957,887 $1,556,707
2020 $47,175 $4,468,303 $2,927,558 $1,540,745
2019 $46,243 $4,380,690 $2,870,155 $1,510,535
2018 $45,363 $4,294,795 $2,813,878 $1,480,917
2017 $44,414 $4,210,584 $2,758,704 $1,451,880
2016 $43,695 $4,128,024 $2,704,612 $1,423,412
2015 $41,487 $3,914,844 $2,663,987 $1,250,857
2014 $28,141 $2,611,804 $2,009,080 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81234761

MLSListings

APN: 008-351-034-000