NOT LISTED FOR SALE

1022 Balboa Ave Pacific Grove, CA 93950

Estimated Value: $1,982,000 - $2,376,000

3 Beds
2 Baths
1,550 Sq Ft
$1,411/Sq Ft Est. Value

Last Sold January 14, 2014

Last sale price $745,000 $481 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $12,136/month

77 Days on Market

Highlights

  • Bay View
  • Living Room with Fireplace
  • Breakfast Area or Nook
  • Robert Down Elementary School Rated A
  • Bonus Room
  • 3-minute walk to Esplanade Park

About This Home

As of January 2014

Beach tract beach house. Great opportunity to get into this sought after area. Only steps to the bay and walking trails. Walk to Pacific Grove golf course. Master bedroom has very pleasant views of bay and city lights. Small two car garage.

Last Agent to Sell the Property

Eric Stauffer

Coldwell Banker Realty License #01006365 Listed on: 09/23/2013

Coldwell Banker Realty

Last Buyer's Agent

Jeanne Osio

Coldwell Banker Realty License #01147233

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,539

Year Built

  • Built in 1953

Lot Details

  • Zoning described as R1

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Floor Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 006-026-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,539

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 61
  • Sale Price Per Sq Ft: 480.65
  • Listing Class: Residential
  • Structure Sq Ft: 1550
  • Incorporated: Yes
  • Map Book Page: 73
  • Map Side Coordinate: 8
  • Map Top Coordinate: E
  • Thomas Bros Page: 73
  • Thomas Brothers: E8
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Stories: Bi/ Split Level
  • Living Sq Ft: 1550
  • Additional Rooms: Bonus / Hobby Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Bay, City Lights

Garage/Parking

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

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 006-026-010
  • List Price per Sq Ft: 474.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5400.00
  • Lot Size Area Min Search: 5400.00
  • Maximum Lot Size: 5400.00
  • Map Book: Thomas Bros

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Zhang Guanghua
Bought by
Guanghua Zhang Revocable Trust and Zhang
Current Estimated Value
$2,071,435

Purchase Details

Closed on
Jan 28, 2020
Sold by
Yi Man
Bought by
Yi Man and Man Living Trust

Purchase Details

Closed on
Aug 23, 2017
Sold by
Zhang Guanghua
Bought by
Zhang Guanghua and Yi Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 16, 2013
Sold by
Sun West Mortgage Company Inc
Bought by
Zhang Guanghua
Seller's Agent
Eric Stauffer
Coldwell Banker Realty
Buyer's Agent
Jeanne Osio
Coldwell Banker Realty
List Price
$734,900
Sold Price
$745,000
Premium/Discount to List
$10,100
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$187,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2012
Sold by
Johansen Donald C
Bought by
Sun West Mortgage Company Inc

Purchase Details

Closed on
Dec 15, 2006
Sold by
Johansen Donald C
Bought by
Johansen Donald C C and Donald C & Ruby J Johansen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Johansen Donald C
Bought by
Johansen Donald C C and Donald C & Ruby I Johansen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1995
Sold by
Johansen Donald C and Johansen Ruby J
Bought by
Johansen Donald C and Johansen Ruby J

Purchase Details

Closed on
Sep 7, 1994
Sold by
Johansen Donald C and Johansen Ruby J
Bought by
Johansen Donald C and Johansen Ruby J
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
Guanghua Zhang Revocable Trust -- None Listed On Document
Yi Man -- None Available
Zhang Guanghua -- None Available
Zhang Guanghua $745,000 North American Title Co Inc
Sun West Mortgage Company Inc $616,394 None Available
Johansen Donald C C -- Accommodation
Johansen Donald C -- Stewart Title Of Ca Inc
Johansen Donald C C -- Chicago Title
Johansen Donald C -- Chicago Title
Johansen Donald C -- --
Johansen Donald C -- --
Johansen Donald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Guanghua $575,000
Previous Owner Zhang Guanghua $650,000
Previous Owner Zhang Guanghua $187,000
Previous Owner Zhang Guanghua $483,000
Previous Owner Johansen Donald C $938,250
Previous Owner Johansen Donald C $352,000
Previous Owner Johansen Donald C $293,000
Previous Owner Johansen Donald C $240,000
Previous Owner Johansen Donald C $150,000
Previous Owner Johnsen Donald C $6,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2014 01/14/14 Sold $745,000 +1.4% $481 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $734,900 -1.4% $474 / Sq Ft
09/24/2013 09/24/13 Off Market $745,000 -- --
09/23/2013 09/23/13 For Sale $734,900 -- $474 / 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 $9,539 $1,755,512 $735,512 $1,020,000
2024 $9,539 $1,741,091 $721,091 $1,020,000
2023 $9,694 $878,952 $706,952 $172,000
2022 $9,498 $860,586 $693,091 $167,495
2021 $9,450 $843,712 $679,501 $164,211
2020 $9,260 $835,062 $672,534 $162,528
2019 $8,966 $818,690 $659,348 $159,342
2018 $8,788 $802,638 $646,420 $156,218
2017 $8,645 $786,901 $633,746 $153,155
2016 $8,666 $771,472 $621,320 $150,152
2015 $8,526 $759,885 $611,988 $147,897
2014 $8,442 $753,405 $502,270 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81335156

MLSListings

APN: 006-026-010-000