NOT LISTED FOR SALE

2963 Cormorant Rd Pebble Beach, CA 93953

Estimated Value: $2,367,000 - $3,318,000

6 Beds
6 Baths
3,600 Sq Ft
$818/Sq Ft Est. Value

About This Home

This home is located at 2963 Cormorant Rd, Pebble Beach, CA 93953 and is currently estimated at $2,944,667, approximately $817 per square foot. 2963 Cormorant Rd is a home located in Monterey County with nearby schools including Forest Grove Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Building Better Communities Foundation
Bought by
Bach California Living Trust
Current Estimated Value
$2,884,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2021
Sold by
Chen Guang Yue
Bought by
Building Better Communities Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2016
Sold by
Durness Corporation
Bought by
Martin Rudy D

Purchase Details

Closed on
Nov 1, 2015
Sold by
Chen Guang Yue
Bought by
Chen Guang Yue and The Guang Yue Chen Revocable Living Trus

Purchase Details

Closed on
Apr 19, 2007
Sold by
Durness Corp
Bought by
Chen Guang Yue

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
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2002
Sold by
Martin Rudy D
Bought by
Durness Corp

Purchase Details

Closed on
Feb 17, 2000
Sold by
Martin Julia S
Bought by
Martin Rudy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
4.4%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Kogan Alex and Kogan Irina
Bought by
Martin Rudy D and Martin Julia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bach California Living Trust $2,750,000 Old Republic Title
Building Better Communities Foundation $1,720,000 Accommodation
Martin Rudy D -- None Available
Chen Guang Yue -- None Available
Chen Guang Yue -- None Available
Durness Corp $730,000 --
Martin Rudy D -- Chicago Title
Martin Rudy D $495,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Building Better Communities Foundation $2,220,000
Previous Owner Chen Guang Yue $990,000
Previous Owner Chen Guang Yue $500,000
Previous Owner Martin Rudy D $100,000
Previous Owner Martin Rudy D $552,000
Previous Owner Martin Rudy D $396,000
Source: Public Records

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 $21,469 $1,973,846 $1,973,846 --
2024 $21,469 $1,935,144 $1,935,144 --
2023 $21,684 $1,897,200 $1,897,200 $0
2022 $30,956 $1,860,000 $1,860,000 $0
2021 $20,751 $2,750,000 $1,860,000 $890,000
2020 $20,310 $1,776,347 $1,225,068 $551,279
2019 $19,638 $1,741,518 $1,201,048 $540,470
2018 $19,223 $1,707,372 $1,177,499 $529,873
2017 $18,893 $1,673,895 $1,154,411 $519,484
2016 $18,854 $1,641,075 $1,131,776 $509,299
2015 $10,365 $879,705 $783,305 $96,400
2014 $10,129 $862,474 $767,962 $94,512
Source: Public Records

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