NOT LISTED FOR SALE

3071 Forest Way Pebble Beach, CA 93953

Estimated Value: $3,098,000 - $3,707,000

5 Beds
3.5 Baths
4,051 Sq Ft
$858/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $1,680,000 $415 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $20,148/month

242 Days on Market

Highlights

  • Ocean View
  • Deck
  • Secluded Lot
  • Forest Grove Elementary School Rated A
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of December 2017

Set upon a gentle ridge between a panorama of blue ocean views in front & a short stroll to the fairways of Poppy Hills Golf Course out your garden gate in back, this crisp, comfortable contemporary residence offers a marvelous volume of ceiling height and room size inside with walls of windows to capture the views & light from outside. Featuring a main level living with a generous size kitchen with breakfast room on the sunrise side, a cozy family room with panoramic ocean views on the sunset side, an intimate living room with a cozy stone fireplace and formal dining, followed by a well separated master bedroom with tree top and ocean views on the North side. For guests and family the main level bedrooms are large, spacious and in their own wing with one extra suite on the lower level with a living or hobby room. Well designed for great privacy, easy living and ocean views with decks and balconies to sit and view, gardens and patios to enjoy and a very large garage to park and store.

Last Agent to Sell the Property

Jamal Noorzoy

Alain Pinel Realtors License #01119622 Listed on: 02/24/2017

Last Buyer's Agent

Angela Tu

Silicon Valley Heights License #01956648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,765

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Secluded Lot
  • Lot Sloped Down
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • Skyline
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,051 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Alarm System
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Garden Bath
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 007-693-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,765

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 37
  • Listing Class: Residential
  • Structure Sq Ft: 4051
  • Year Built: 1980
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Room, Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 4051
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Attic, Bonus / Hobby Room, Den / Study / Office, Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Bidet, Double Sinks, Shower and Tub, Skylight, Stall Shower, Sunken / Garden Tub, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Bay, Mountains, Ocean, Valley
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

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

Association/Amenities

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

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Forest Grove Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 559
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Sloped Down, Private / Secluded, Views
  • Parcel Number: 007-693-004
  • Lot Acres: 0.3440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14984.64
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14984.64

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Elementary School Text: Forest Grove Elementary
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Dec 29, 2017
Sold by
Lau Rick and Beller Lauren Elise
Bought by
Lau Rick and Beller Lauren Elise
Seller's Agent
Jamal Noorzoy
Alain Pinel Realtors
Buyer's Agent
Angela Tu
Silicon Valley Heights
List Price
$1,880,000
Sold Price
$1,680,000
Premium/Discount to List
-$200,000
-10.64%
Current Estimated Value
$3,473,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,793,854
Avg. Annual Appreciation
9.75%
Original Mortgage
$1,344,000
Outstanding Balance
$1,128,875
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,344,979

Purchase Details

Listed on
Feb 24, 2017
Closed on
Nov 15, 2017
Sold by
Hou Teng Henry Shao Lin and Hou Teng Joan Chang
Bought by
Lau Rick and Beller Lauren
Seller's Agent
Jamal Noorzoy
Alain Pinel Realtors
Buyer's Agent
Angela Tu
Silicon Valley Heights
List Price
$1,880,000
Sold Price
$1,680,000
Premium/Discount to List
-$200,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,000
Outstanding Balance
$1,128,875
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,344,979

Purchase Details

Closed on
Nov 13, 2012
Sold by
Teng Henry S and Teng Joan C
Bought by
Hou Teng Henry Shao Lin and Hou Teng Joan Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,100
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2005
Sold by
Teng Henry S and Teng Joan C
Bought by
Hou Teng Henry Shao Lin and Hou Teng Joan Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 3, 2005
Sold by
Chong Myong Soon
Bought by
Teng Henry Shao Lin and Teng Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 1995
Sold by
Berstrom Carl R and Bergstrom Robin R
Bought by
Chong Myong Soon
Source: Public Records

Range of Values:

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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
Lau Rick -- None Available
Lau Rick $1,680,000 Old Republic Title Company
Hou Teng Henry Shao Lin -- Pacific Coast Title Company
Teng Henry S -- --
Hou Teng Henry Shao Lin -- --
Teng Henry Shao Lin -- Stewart Title
Chong Myong Soon $785,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Rick $1,344,000
Previous Owner Hou Teng Henry Shao Lin $384,100
Previous Owner Teng Henry Shao Lin $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $1,680,000 -6.1% $415 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/02/2017 10/02/17 Price Changed $1,790,000 -4.8% $442 / Sq Ft
02/24/2017 02/24/17 For Sale $1,880,000 -- $464 / 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 $20,765 $1,911,549 $1,024,044 $887,505
2024 $20,765 $1,874,068 $1,003,965 $870,103
2023 $20,972 $1,837,323 $984,280 $853,043
2022 $20,513 $1,801,298 $964,981 $836,317
2021 $20,354 $1,765,979 $946,060 $819,919
2020 $19,921 $1,747,872 $936,360 $811,512
2019 $19,260 $1,713,600 $918,000 $795,600
2018 $18,851 $1,680,000 $900,000 $780,000
2017 $23,543 $2,101,829 $900,783 $1,201,046
2016 $23,501 $2,060,618 $883,121 $1,177,497
2015 $15,555 $1,349,000 $578,000 $771,000
2014 $14,844 $1,289,000 $552,000 $737,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81640021

MLSListings

APN: 007-693-004-000