NOT LISTED FOR SALE

62 Spanish Bay Cir Pebble Beach, CA 93953

Estimated Value: $3,723,000 - $4,623,806

4 Beds
4.5 Baths
3,467 Sq Ft
$1,790/mo HOA Fee

Last Sold August 25, 2022

Last sale price $4,200,000 $1,211 Per Sq Ft

Current estimated payment $28,589/month

61 Days on Market

Highlights

  • Fitness Center
  • Golf Course View
  • Fireplace in Primary Bedroom
  • Forest Grove Elementary School Rated A
  • Clubhouse
  • Marble Flooring

About This Home

As of August 2022

Rarely available within the Spanish Bay Residences in mint condition offering golf course view, 4 car garage capacity, Four bedroom suites + powder room, 3467 sq ft living space. Originally a model home for this phase incorporating the highest construction standards along with many upgrades & classic elegance. Upon entering the private Zen courtyard entry with soothing waterfall begins your personal retreat experience or sharing with family & friends. Showcasing dramatic high ceilings & skylights with an abundance of light throughout the home. French doors leading to the patio facing the 12th hole of Spanish Bay golf course & forest views. Welcoming world class amenities just steps away to the finest of restaurants, golf, gym, tennis, ocean & walking paths are all at your fingertips. This is perfect as a full time residence or a turn-key opportunity equals "Stress-free living at it's finest".

Last Agent to Sell the Property

Barbara Eads

Coldwell Banker Realty License #01065285 Listed on: 06/03/2022

Coldwell Banker Realty

Last Buyer's Agent

Christopher Pryor

Carmel Realty Company License #01750627

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,466

Year Built

  • 1990

Lot Details

  • 1,886

HOA Fees

  • $1,790 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Electric Vehicle Home Charger
  • Guest Parking

Property Views

  • Golf Course
  • Forest

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,467 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub

Home Security

  • Security Gate
  • Alarm System

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof, unit coverage insurance
  • 80 Units
  • Compass Management Association
  • The community has rules related to parking rules

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,466

Year Built

1990

Lot Details

0

HOA Fees

$1,790 per month

Parking

4

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Allowed
  • Age: 32
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 80
  • Structure Sq Ft: 3467
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room, Primary Bedroom
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Oven Range - Built-In, Gas, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3467
  • Stories: 2
  • Security: Security Alarm, Security Guard
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Primary - Tub With Jets, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Forest / Woods, Golf Course

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Guest / Visitor Parking

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Spanish Bay
  • HOA Fees: 1790
  • HOA Amenities: Additional Storage, Bbq Area, Club House, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Unit Coverage Insurance
  • HOA Exist: Yes
  • H O A Name Text: Compass Management

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Walk-In Closet

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.0433
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1886.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1886.00

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Aug 22, 2022
Sold by
Chapin Family Revocable Trust
Bought by
Exsp Llc
Seller's Agent
Barbara Eads
Coldwell Banker Realty
Buyer's Agent
Christopher Pryor
Carmel Realty Company
List Price
$4,750,000
Sold Price
$4,200,000
Premium/Discount to List
-$550,000
-11.58%
Views
2
Current Estimated Value
$4,207,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,702
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Smith Boyd Charles and Smith Jill Johnson
Bought by
Chapin Glenn Alan and Chapin Norma

Purchase Details

Closed on
Feb 14, 2002
Sold by
Smith Rick E and Smith Sara K
Bought by
Smith Boyd Charles and Smith Jill Johnson

Purchase Details

Closed on
Sep 29, 1997
Sold by
Spanish Bay Phase Iii Lp
Bought by
Smith Rick E and Smith Sara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,500
Interest Rate
7%
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
Exsp Llc $4,200,000 Chicago Title
Chapin Glenn Alan -- First American Title Company
Smith Boyd Charles $2,250,000 First American Title
Smith Rick E $1,035,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Rick E $75,000
Previous Owner Smith Rick E $720,000
Previous Owner Smith Rick E $724,500
Previous Owner Smith Rick E $724,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $4,200,000 -11.6% $1,211 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $4,750,000 -- $1,370 / 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 $46,466 $4,369,680 $2,080,800 $2,288,880
2024 $46,466 $4,284,000 $2,040,000 $2,244,000
2023 $46,837 $4,200,000 $2,000,000 $2,200,000
2022 $26,715 $4,200,000 $2,000,000 $2,200,000
2021 $26,525 $2,319,897 $1,189,691 $1,130,206
2020 $25,967 $2,296,111 $1,177,493 $1,118,618
2019 $25,113 $2,251,090 $1,154,405 $1,096,685
2018 $24,585 $2,206,952 $1,131,770 $1,075,182
2017 $24,166 $2,163,679 $1,109,579 $1,054,100
2016 $24,124 $2,121,255 $1,087,823 $1,033,432
2015 $23,695 $2,089,392 $1,071,483 $1,017,909
2014 $23,190 $2,048,465 $1,050,495 $997,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81894751

MLSListings

APN: 007-092-062-000