NOT LISTED FOR SALE

1001 Funston Ave Unit 5 Pacific Grove, CA 93950

Estimated Value: $863,000 - $1,236,000

2 Beds
2 Baths
1,292 Sq Ft
7,405 Sq Ft Lot

Last Sold March 21, 2013

Last sale price $348,000 $269 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $5,615/month

148 Days on Market

Highlights

  • End Unit
  • Bathtub
  • Walk-in Shower
  • Forest Grove Elementary School Rated A
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of March 2013

Wonderful 2 bed, 2 bath inside end unit; move in ready. Gorgeous brand new kitchen with tile flooring to match deck off of dining area; stainless steel appliances, granite countertops; lighting underneath cabinets; beautiful chandelier over dining area. Crown molding throughout; plantation shutters in bedrooms; separate storage closet behind garage.

Last Agent to Sell the Property

Joe Smith

Sotheby’s International Realty License #01335794 Listed on: 09/02/2012

Sotheby’s International Realty

Last Buyer's Agent

Betty Pribula

Sotheby’s International Realty License #00483695

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1982

Lot Details

  • 7,405

Parking

  • 1 Car Garage

Interior Spaces

  • 1,292 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Additional Features

  • End Unit
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, sewer, common area electricity, exterior painting, fencing, garbage, insurance - common area
  • Pacific Crest Association

Listing and Financial Details

  • Assessor Parcel Number 007-604-005

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,504

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 31
  • Sale Price Per Sq Ft: 269.35
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 25
  • Structure Sq Ft: 1292
  • Incorporated: Yes
  • Map Book Page: 1133
  • Map Side Coordinate: 2
  • Map Top Coordinate: E
  • Thomas Bros Page: 1133
  • Thomas Brothers: E2
  • Year Built: 1982
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Starter
  • Dining Room: No Formal Dining Room, Dining "L"
  • Living Sq Ft: 1292
  • Stories: 2
  • Flooring: Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 299
  • HOA Documents: Articles of Incorporation
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Sewer, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • H O A Name Text: Pacific Crest
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

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

Lot Info

  • Parcel Number: 007-604-005
  • List Price per Sq Ft: 294.12
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 770.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 770.00
  • Lot Size Area Min Search: 770.00
  • Maximum Lot Size: 770.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2012
Closed on
Mar 19, 2013
Sold by
Niu Hongjun and Cheng Yonghong
Bought by
Cheng Yonghong and Niu Hongjun
Seller's Agent
Joe Smith
Sotheby’s International Realty
Buyer's Agent
Betty Pribula
Sotheby’s International Realty
List Price
$380,000
Sold Price
$348,000
Premium/Discount to List
-$32,000
-8.42%
Current Estimated Value
$983,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,466
Avg. Annual Appreciation
8.20%
Original Mortgage
$313,200
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2012
Closed on
Mar 12, 2013
Sold by
Eichenberg William Lee and Eichenberg James Robert
Bought by
Niu Hongjun and Cheng Yonghong
Seller's Agent
Joe Smith
Sotheby’s International Realty
Buyer's Agent
Betty Pribula
Sotheby’s International Realty
List Price
$380,000
Sold Price
$348,000
Premium/Discount to List
-$32,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2012
Closed on
Feb 15, 2013
Sold by
Eichenberg Thomas Richard
Bought by
Eichenberg William Lee and Eichenberg James Robert
Seller's Agent
Joe Smith
Sotheby’s International Realty
Buyer's Agent
Betty Pribula
Sotheby’s International Realty
List Price
$380,000
Sold Price
$348,000
Premium/Discount to List
-$32,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Orexco Llc
Bought by
Eichenberg Katherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2004
Sold by
Sunwood Bonnie J
Bought by
Orexco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2003
Sold by
Field Monika G
Bought by
Sunwood Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,200
Interest Rate
5.84%

Purchase Details

Closed on
Jul 25, 1997
Sold by
Erickson Anna E
Bought by
Field Monika G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Average Value
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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
Cheng Yonghong -- Chicago Title Company
Niu Hongjun $348,000 Chicago Title Company
Eichenberg William Lee -- Chicago Title Company
Eichenberg James Robert -- Chicago Title Company
Eichenberg William Lee -- None Available
Eichenberg Katherine J $525,000 First American Title
Orexco Llc $595,000 First American Title
Sunwood Bonnie J $354,000 Chicago Title
Field Monika G -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Yonghong $426,000
Closed Niu Hongjun $313,200
Previous Owner Eichenberg Katherine J $325,000
Previous Owner Eichenberg Katherine J $335,000
Previous Owner Sunwood Bonnie J $81,000
Previous Owner Sunwood Bonnie J $283,200
Previous Owner Field Monika G $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2013 03/21/13 Sold $348,000 -8.4% $269 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
09/02/2012 09/02/12 For Sale $380,000 -- $294 / 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 $4,504 $428,523 $277,065 $151,458
2024 $4,504 $420,122 $271,633 $148,489
2023 $4,572 $411,885 $266,307 $145,578
2022 $4,480 $403,810 $261,086 $142,724
2021 $4,379 $395,893 $255,967 $139,926
2020 $4,291 $391,835 $253,343 $138,492
2019 $4,154 $384,153 $248,376 $135,777
2018 $4,071 $376,621 $243,506 $133,115
2017 $4,003 $369,237 $238,732 $130,505
2016 $4,011 $361,998 $234,051 $127,947
2015 $3,945 $356,562 $230,536 $126,026
2014 $3,862 $349,579 $226,021 $123,558
Source: Public Records

Agents Affiliated with this Home

  • Joe Smith

    Seller's Agent in 2013

    Joe Smith

    Sotheby’s International Realty

    (831) 238-1984

    10 in this area

    23 Total Sales

    Joe Smith
    Section Image

  • B

    Buyer's Agent in 2013

    Betty Pribula

    Sotheby’s International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81232581

MLSListings

APN: 007-604-005-000

California Monterey County Pacific Grove 93950

1001 Funston Ave Unit 5, Pacific Grove, CA

This home is located at 1001 Funston Ave Unit 5, Pacific Grove, CA 93950 since 02 September 2012 and is currently estimated at $983,466, approximately $761 per square foot. This property was built in 1982. 1001 Funston Ave Unit 5 is a home located in Monterey County with nearby schools including Forest Grove Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

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