NOT LISTED FOR SALE

3012 Cormorant Rd Pebble Beach, CA 93953

Estimated Value: $4,891,000 - $10,660,240

6 Beds
6.5 Baths
5,455 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $6,250,000 $1,146 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $52,139/month

Highlights

  • Ocean View
  • Home Theater
  • Radiant Floor
  • Forest Grove Elementary School Rated A
  • Deck
  • Marble Bathroom Countertops

About This Home

As of February 2016

Located on the best frontline MPCC site with panoramic whitewater ocean and vibrant golf course views, this classic Mediterranean home hearkens back to the golden age of Pebble Beach society. One of the early host sites for the Crosby Clam Bakes, this six bedroom, six and a half bath, history-rich home has been artfully renovated, integrating modern amenities into a spacious and elegant floor plan. With comfortable indoor-outdoor living, this landmark home is certain to be treasured by the next fortunate owner.

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 02/03/2016

Last Buyer's Agent

Carrie Baumgart

Coldwell Banker Realty License #01453222

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,057

Year Built

  • Built in 1930

Lot Details

  • 9,409 Sq Ft Lot
  • Kennel or Dog Run
  • Front Yard Fenced and Back Yard
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Secured Garage or Parking
  • Guest Parking
  • Off-Street Parking
  • Golf Cart Garage

Property Views

  • Ocean
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,455 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • 6 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Formal Dining Room
  • Home Theater
  • Den
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Lights
  • Intercom
  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Radiant Heating System
  • Power Generator
  • Satellite Dish
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 007-303-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,057

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Property Condition: Built / Remodeled Green
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 5455
  • Year Built: 1930
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island with Sink, Microwave, Oven Range - Gas, Pantry, Pantry Cabinet, Refrigerator, Trash Compactor, Wine Refrigerator
  • Living Sq Ft: 5455
  • Stories: 2
  • Security: Fire Alarm, Secured Garage / Parking, Security Alarm, Security Lights, Video / Audio System
  • Laundry: Dryer, Tub / Sink, Upper Floor, Washer, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Basement - Unfinished, Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater
  • Fireplaces Min: 6
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Granite, Marble, Shower and Tub, Stall Shower, Steam Shower, Tile, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • View: Golf Course, Ocean, Water
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Deck, Dog Run / Kennel, Fenced, Fire Pit, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Front
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Golf Cart, Guest / Visitor Parking, Off-Street Parking, Workshop in Garage

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones, Radiant, Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level, Views
  • Parcel Number: 007-303-001-000
  • Lot Acres: 0.2160
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9400.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances

Multi Family

  • Utilities: Generator, Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jan 28, 2016
Sold by
Grossi Brian John
Bought by
The Ryan Family Trust
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Carrie Baumgart
Coldwell Banker Realty
List Price
$6,695,000
Sold Price
$6,250,000
Premium/Discount to List
-$445,000
-6.65%
Total Days on Market
0
Current Estimated Value
$8,191,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,747
Avg. Annual Appreciation
3.85%
Original Mortgage
$1,995,000
Outstanding Balance
$1,555,155
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,355,364

Purchase Details

Closed on
Aug 6, 2008
Sold by
Grossi Brian J and Grossi Brian John
Bought by
Grossi Brian John and Grossi Brian J

Purchase Details

Closed on
Jun 18, 2007
Sold by
Grossi Brian J and Woods Marilyn A
Bought by
Grossi Brian J

Purchase Details

Closed on
Mar 17, 2000
Sold by
Bardis Christo D and Bardis Sara
Bought by
Grossi Brian J and Grossi Marilyn A

Purchase Details

Closed on
Apr 19, 1994
Sold by
Johnson Kenneth M and Johnson Shirley C
Bought by
Johnson Kenneth M and Johnson Shirley C
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 Buyer Sale Price Title Company
The Ryan Family Trust $6,250,000 Chicago Title Company
Grossi Brian John -- None Available
Grossi Brian J -- None Available
Grossi Brian J $4,250,000 Stewart Title
Johnson Kenneth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Ryan Family Trust $1,995,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $6,250,000 -6.6% $1,146 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $6,695,000 -- $1,227 / 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
2024 $78,057 $7,253,658 $4,642,341 $2,611,317
2023 $78,866 $7,111,430 $4,551,315 $2,560,115
2022 $77,233 $6,971,991 $4,462,074 $2,509,917
2021 $76,788 $6,835,286 $4,374,583 $2,460,703
2020 $75,218 $6,765,200 $4,329,728 $2,435,472
2019 $72,791 $6,632,550 $4,244,832 $2,387,718
2018 $71,302 $6,502,500 $4,161,600 $2,340,900
2017 $70,124 $6,375,000 $4,080,000 $2,295,000
2016 $61,867 $5,518,009 $4,219,659 $1,298,350
2015 $60,809 $5,435,124 $4,156,276 $1,278,848
2014 $59,560 $5,328,659 $4,074,861 $1,253,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81549298

MLSListings

APN: 007-303-001-000