NOT LISTED FOR SALE

1618 Corte Ln Pebble Beach, CA 93953

Estimated Value: $8,072,000 - $9,574,774

4 Beds
6 Baths
7,010 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $4,868,600 $695 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $54,748/month

174 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Carmel River Elementary School Rated A+
  • Cabana
  • Fireplace in Primary Bedroom

About This Home

As of September 2013

Breathtaking ocean views! Immaculate 3 story home with amazing Pebble Beach views from Stillwater Cove to Point Lobos from every level. Huge floor to ceiling windows on the main and upper floor bring the ocean in. Master bedroom takes up entire third floor. Guest suite on main level with separate entrance. Media room with wet bar and wine cellar on bottom floor.

Last Agent to Sell the Property

Doug Steiny

Carmel Realty Company License #00681652 Listed on: 01/30/2012

Carmel Realty Company

Last Buyer's Agent

Doug Steiny

Carmel Realty Company License #00681652 Listed on: 01/30/2012

Carmel Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,522

Year Built

  • Built in 1987

Lot Details

  • Lot Sloped Down
  • Sprinklers on Timer
  • Zoning described as LDR

Property Views

  • Ocean
  • Bay
  • Golf Course
  • Canyon
  • Garden

Home Design

  • Traditional Architecture
  • Slate Roof
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,010 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Solar Screens
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Pool

  • Cabana
  • Black Bottom Pool
  • Pool Cover
  • Pool Sweep

Outdoor Features

  • Deck

Utilities

  • Radiant Heating System
  • 220 Volts
  • Water Treatment System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 008-202-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,522

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 26
  • Sale Price Per Sq Ft: 694.52
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 7010
  • Map Book Page: 1133
  • Map Side Coordinate: 6
  • Map Top Coordinate: E
  • Thomas Bros Page: 1133
  • Thomas Brothers: E6
  • Year Built: 1987
  • Zoning Description: LDR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Trash Compactor, Refrigerators - 2+, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 7010
  • Stories: 3
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Wine Cellar / Storage
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Sunken Tub, Tub in Primary Bedroom, Tub with Jets, Half Bath - More than 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: In Ground Concrete, Pool - Sweep, Pool - Black Bottom, Cabana / Dressing Room, Heated - Gas, Pool - Cover, Pool - Yes
  • Roof: Slate, Fiberglass
  • View: Bay, Garden / Greenbelt, Canyon, Ocean, Golf Course
  • Yard/Grounds: Patio(s), Sprinklers - Auto, Deck
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Radiant, Electric
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar

Schools

  • School District: Carmel Unified
  • Middle School: Carmel Middle
  • Middle School: 511

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 008-202-023
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 706.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 87120.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 87120.00
  • Lot Size Area Min Search: 87120.00
  • Maximum Lot Size: 87120.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Solar Screens

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Aug 28, 2013
Sold by
Mckenna Regis and Mckenna Dianne
Bought by
Clpb 1618 Llc
Seller's Agent
Doug Steiny
Carmel Realty Company
Buyer's Agent
Doug Steiny
Carmel Realty Company
List Price
$5,895,000
Sold Price
$4,868,600
Premium/Discount to List
-$1,026,400
-17.41%
Current Estimated Value
$8,984,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,116,003
Avg. Annual Appreciation
5.22%
Original Mortgage
$3,675,000
Outstanding Balance
$986,866
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$7,932,687

Purchase Details

Closed on
Dec 26, 2012
Sold by
Mckenna Regis and Mckenna Dianne
Bought by
Mckenna Sean

Purchase Details

Closed on
Jan 6, 2000
Sold by
Moriarty James Michael and Moriarty Maureen Conners
Bought by
Mckenna Regis P and Mckenna Dianne T

Purchase Details

Closed on
Jul 22, 1998
Sold by
Moriarty James Michael and Moriarty Maureen Conners
Bought by
Moriarty James M and Moriarty Maureen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
7.01%
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
Clpb 1618 Llc $4,869,000 Old Republic Title Company
Mckenna Sean -- None Available
Mckenna Regis P -- Old Republic Title Company
Moriarty James M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clpb 1618 Llc $3,675,000
Previous Owner Moriarty James M $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $4,868,600 -1.6% $695 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/03/2013 07/03/13 Price Changed $4,950,000 -16.0% $706 / Sq Ft
01/22/2013 01/22/13 For Sale $5,895,000 -- $841 / 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 $61,522 $5,968,229 $3,677,587 $2,290,642
2024 $61,522 $5,851,206 $3,605,478 $2,245,728
2023 $61,358 $5,736,478 $3,534,783 $2,201,695
2022 $59,321 $5,623,999 $3,465,474 $2,158,525
2021 $58,685 $5,513,725 $3,397,524 $2,116,201
2020 $57,414 $5,457,189 $3,362,687 $2,094,502
2019 $56,286 $5,350,186 $3,296,752 $2,053,434
2018 $55,219 $5,245,281 $3,232,110 $2,013,171
2017 $54,066 $5,142,434 $3,168,736 $1,973,698
2016 $53,194 $5,041,603 $3,106,604 $1,934,999
2015 -- $4,965,874 $3,059,940 $1,905,934
2014 -- $4,890,703 $3,013,620 $1,877,083
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81301920

MLSListings

APN: 008-202-023-000