NOT LISTED FOR SALE

1008 Ripple Ave Pacific Grove, CA 93950

Estimated Value: $2,980,000 - $3,184,000

3 Beds
2.5 Baths
2,294 Sq Ft
$1,339/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $1,550,000 $676 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $18,206/month

140 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Deck
  • Robert Down Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 4-minute walk to Shoreline Park

About This Home

As of July 2018

Prepare to be wowed by this pristine gem with partial bay views in Pacific Grove's desirable Beach Tract. The dramatic upstairs great room has vaulted ceilings angling down to hardwood floors, open space bathed in natural light from surrounding windows and a fireplace. Glimpse the Bay from inside or from the upper deck. The kitchen area has a big center island with stove and two skylights above. Also upstairs is a high ceiling master suite with fireplace, large shower, jet tub, double sinks and large walk-in closet. The windowed central stairway features easy to navigate extra wide steps and low risers. Downstairs are two spacious bedrooms, full bath and den that opens to a new deck. The two-car garage is finished. Landscaping is drought-tolerant with a water recapture system. Built new 17 years ago, this house has been lovingly maintained by its original owner. Prime location a few blocks to the Monterey Bay and the Rec Trail, the PG Municipal Golf Links or a 15 minute walk to town.

Last Agent to Sell the Property

Susan Spiegel

KW Coastal Estates License #01469814 Listed on: 02/01/2018

KW Coastal Estates

Last Buyer's Agent

J.R. Rouse

Sotheby’s International Realty License #01299649

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,996

Year Built

  • Built in 2000

Lot Details

  • 5,388 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Inverted Floor Plan
  • Central Vacuum
  • Entertainment System
  • Wired For Sound
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Wine Refrigerator
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Low Flow Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-045-017-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,996

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 2294
  • Year Built: 2000
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Dining Area, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Oven - Electric, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2294
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, More than One Bedroom on Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Primary - Tub with Jets, Shower over Tub - 1, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block, Crawl Space
  • Roof: Shingle
  • View: Bay, City Lights, Mountains, Neighborhood, Ocean, Water
  • Yard/Grounds: Balcony / Patio, Deck, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Inverted Floor Plan, Skylight, Vaulted Ceiling, Video / Audio System, Walk-in Closet

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level, Views
  • Parcel Number: 006-045-017-000
  • Lot Acres: 0.1237
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5388.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5388.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Shellem Bernie and Thomas Elizabeth
Bought by
Shillem Bernie and Thomas Elizabeth
Current Estimated Value
$3,072,023

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jul 17, 2018
Sold by
Speizer Irwin
Bought by
Shellem Bernie H and Thomas Elizabeth
Seller's Agent
Susan Spiegel
KW Coastal Estates
Buyer's Agent
J.R. Rouse
Sotheby’s International Realty
List Price
$1,625,000
Sold Price
$1,550,000
Premium/Discount to List
-$75,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$700,000
Outstanding Balance
$611,741
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$2,387,381

Purchase Details

Closed on
Oct 31, 2011
Sold by
Speizer Irwin
Bought by
Speizer Irwin and The Irwin & Jayne Speizer Living Trust S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,167
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2011
Sold by
Speizer Irwin
Bought by
Speizer Irwin

Purchase Details

Closed on
Feb 5, 2007
Sold by
Speizer Jayne M and Speizer Irwin
Bought by
Speizer Irwin and Speizer Jayne M

Purchase Details

Closed on
Mar 17, 2003
Sold by
Gage Dean E and Gage Sally C
Bought by
Speizer Irwin and Speizer Jayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.82%
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
Shillem Bernie -- None Available
Shellem Bernie H $1,550,000 Chicago Title Salinas
Speizer Irwin -- Chicago Title Co
Speizer Irwin -- None Available
Speizer Irwin -- None Available
Speizer Irwin -- None Available
Speizer Irwin -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shellem Bernie H $700,000
Previous Owner Speizer Irwin $299,000
Previous Owner Speizer Irwin $324,167
Previous Owner Spezer Irwin $302,000
Previous Owner Speizer Irwin $417,000
Previous Owner Speizer Irwin $700,000
Previous Owner Speizer Irwin $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $1,550,000 -1.8% $676 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $1,579,000 -2.8% $688 / Sq Ft
02/22/2018 02/22/18 For Sale $1,625,000 0.0% $708 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $1,625,000 -- $708 / 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 $17,996 $1,729,050 $892,413 $836,637
2024 $17,996 $1,695,148 $874,915 $820,233
2023 $18,234 $1,661,910 $857,760 $804,150
2022 $17,863 $1,629,325 $840,942 $788,383
2021 $17,848 $1,597,378 $824,453 $772,925
2020 $17,413 $1,581,000 $816,000 $765,000
2019 $16,933 $1,550,000 $800,000 $750,000
2018 $16,409 $1,509,496 $1,000,342 $509,154
2017 $16,141 $1,479,899 $980,728 $499,171
2016 $14,814 $1,328,000 $880,000 $448,000
2015 $13,785 $1,237,000 $820,000 $417,000
2014 $12,967 $1,165,000 $772,000 $393,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690832

MLSListings

APN: 006-045-017-000