Seller's Agent in 2019
Mary Bell
Carmel Realty Company
(831) 622-1000
18 Total Sales
450 Asilomar Blvd Pacific Grove, CA 93950
Estimated Value: $5,258,000 - $6,072,000
4
Beds
3.5
Baths
5,100
Sq Ft
$1,135/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- 1.61 Acre Lot
- Robert Down Elementary School Rated A
- Home Theater
- Craftsman Architecture
About This Home
As of August 2019Exciting ocean view Craftsman style beach house is one of a kind. Set back from the street with a winding paved drive on a 1.6 acre parcel, its softly colored and understated exterior belies the drama and the intrigue of the interior. The home is three levels with an elevator, features an entry office/media room, a second floor atrium, living area and three bedrooms, and the third level features an ocean view living/dining/family area with separate master suite. The open kitchen with oversize center island and breakfast bar features all of the expected amenities from the Le Cornue range to the wine refrigerator and access to a side deck. The elegant master suite has a walk-in closet, separate bath and forest views. The house brings the outdoors inside with areas of spacious windows, vaulted beamed ceilings and dramatic light fixtures. The house meets the needs of many with its wonderful flexibility of space and design.
Last Agent to Sell the Property
Carmel Realty Company License #00649274 Listed on: 01/21/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,760
Year Built
- Built in 2008
Lot Details
- 1.61 Acre Lot
- West Facing Home
- Lot Sloped Up
- Sprinklers on Timer
- Hilly Lot
Parking
- 3 Car Garage
- Electric Gate
- Guest Parking
Property Views
- Ocean
- Forest
Home Design
- Craftsman Architecture
- Reverse Style Home
- Pillar, Post or Pier Foundation
- Slab Foundation
- Shingle Roof
- Wood Shingle Roof
Interior Spaces
- 5,100 Sq Ft Home
- Inverted Floor Plan
- High Ceiling
- Circular Fireplace
- Wood Burning Fireplace
- Gas Log Fireplace
- Double Pane Windows
- Formal Entry
- Wine Cellar
- Living Room with Fireplace
- 2 Fireplaces
- Family or Dining Combination
- Home Theater
- Atrium Room
- Sump Pump
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Concrete Kitchen Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Security Gate
- Alarm System
- Fire Sprinkler System
- Fire Suppression System
Utilities
- Forced Air Heating System
- Radiant Heating System
- 220 Volts
- Power Generator
- Water Filtration System
- Sewer Within 50 Feet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 007-072-022-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2019
Closed on
Aug 28, 2019
Sold by
Graves Tamara
Bought by
Terrazzino Joseph
Seller's Agent
Mary Bell
Carmel Realty Company
Buyer's Agent
Barbara Ehrenpreis
Carmel Realty Company
List Price
$3,995,000
Sold Price
$3,483,000
Premium/Discount to List
-$512,000
-12.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,306,320
Avg. Annual Appreciation
8.88%
Original Mortgage
$2,612,250
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 21, 2019
Closed on
Aug 14, 2019
Sold by
Lazarus Jay W and Lazarus Kordula I
Bought by
Terrazzino Joseph
Seller's Agent
Mary Bell
Carmel Realty Company
Buyer's Agent
Barbara Ehrenpreis
Carmel Realty Company
List Price
$3,995,000
Sold Price
$3,483,000
Premium/Discount to List
-$512,000
-12.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,612,250
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 25, 2009
Sold by
Youssef Ehab
Bought by
Lazarus Jay W and Lazarus Kordula I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 13, 2007
Sold by
Youssef Heidi R
Bought by
Youssef Ehab
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2007
Sold by
Youssef Heidi
Bought by
Youssef Ehab
Purchase Details
Closed on
Apr 9, 2004
Sold by
Youssef Ehab
Bought by
Youssef Ehab
Purchase Details
Closed on
Apr 8, 2004
Sold by
Youssef Heidi R
Bought by
Youssef Ehab
Purchase Details
Closed on
Feb 3, 2004
Sold by
Youssef Ehab
Bought by
Youssef Ehab
Purchase Details
Closed on
Nov 13, 2003
Sold by
Yonekura Glen
Bought by
Youssef Ehab
Purchase Details
Closed on
Mar 30, 1998
Sold by
Kenedy Robert G and Kenedy Ann E
Bought by
Yonekura Glen and Youssef Ehab
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terrazzino Joseph | -- | Old Republic Title Company | |
| Terrazzino Joseph | $3,483,000 | Old Republic Title Co | |
| Lazarus Jay W | $3,073,000 | First American Title Company | |
| Youssef Ehab | -- | Orange Coast Title | |
| Youssef Ehab | -- | Financial Title Company | |
| Youssef Ehab | -- | Financial Title Company | |
| Youssef Ehab | -- | -- | |
| Youssef Ehab | -- | Stewart Title | |
| Youssef Ehab | -- | Stewart Title | |
| Youssef Ehab | -- | -- | |
| Youssef Ehab | -- | -- | |
| Yonekura Glen | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terrazzino Joseph | $2,625,000 | |
| Closed | Terrazzino Joseph | $2,612,250 | |
| Previous Owner | Lazarus Jay W | $3,000,000 | |
| Previous Owner | Youssef Ehab | $1,950,000 | |
| Previous Owner | Yonekura Glen | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2019 08/30/19 | Sold | $3,483,000 | -12.8% | $683 / Sq Ft |
| 07/23/2019 07/23/19 | Pending | -- | -- | -- |
| 01/21/2019 01/21/19 | For Sale | $3,995,000 | -- | $783 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $39,760 | $3,809,166 | $2,460,703 | $1,348,463 |
| 2024 | $39,760 | $3,734,477 | $2,412,454 | $1,322,023 |
| 2023 | $40,257 | $3,661,252 | $2,365,151 | $1,296,101 |
| 2022 | $39,441 | $3,589,464 | $2,318,776 | $1,270,688 |
| 2021 | $39,241 | $3,519,083 | $2,273,310 | $1,245,773 |
| 2020 | $38,452 | $3,483,000 | $2,250,000 | $1,233,000 |
| 2019 | $38,585 | $3,547,060 | $2,308,816 | $1,238,244 |
| 2018 | $37,808 | $3,477,511 | $2,263,546 | $1,213,965 |
| 2017 | $37,192 | $3,409,325 | $2,219,163 | $1,190,162 |
| 2016 | $37,284 | $3,342,476 | $2,175,650 | $1,166,826 |
| 2015 | $36,680 | $3,292,270 | $2,142,970 | $1,149,300 |
| 2014 | $35,912 | $3,227,780 | $2,100,993 | $1,126,787 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Carrie Baumgart
Carmel Realty Company
(831) 717-7156
2 in this area
26 Total Sales
-
Buyer's Agent in 2019
Barbara Ehrenpreis
Carmel Realty Company
(831) 915-8010
2 in this area
30 Total Sales
Map
Source: MLSListings
MLS Number: ML81735967
APN: 007-072-022-000
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