NOT LISTED FOR SALE

1038 Balboa Ave Pacific Grove, CA 93950

Estimated Value: $2,206,495 - $3,131,000

4 Beds
2 Baths
2,120 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $1,362,500 $643 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,419/month

235 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Robert Down Elementary School Rated A
  • Traditional Architecture
  • 2-minute walk to Esplanade Park

About This Home

As of November 2020

Charming and full of character, this 1950s 2 story, 4-bedroom/2-bath 2120 sq. ft. home sits in one of the most coveted neighborhoods of Pacific Grove. You will enjoy this quiet and prime location, three blocks from Ocean View Blvd and just a short stroll to the beach, Pacific Grove Golf Links, and the Recreation Trail. Close to downtown Pacific Grove where you can enjoy plentiful shopping and dining. Enjoy the ocean views, listen to the waves, or gaze at the stars as you relax and entertain on the back patio right off the dining room. Recently updated roof, water heater, and hardwood floors make this a move-in ready home. Matterport-Virtual Tour link: https://bit.ly/2YXptzO

Last Agent to Sell the Property

Chris Castillo

Intero Real Estate Services License #02082319 Listed on: 02/09/2020

Intero Real Estate Services

Last Buyer's Agent

Nate Randall

Sotheby’s International Realty License #02033961

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,324

Year Built

  • 1955

Lot Details

  • 4,700 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Down

Parking

  • 2 Carport Spaces

Property Views

  • Ocean
  • Bay
  • Neighborhood

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Bonus Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Deck
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,324

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 2120
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Skylight
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric
  • Fireplace: Yes
  • Living Sq Ft: 2120
  • Stories: 2
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Fiberglass
  • View: Bay, Neighborhood, Ocean, Water
  • Yard/Grounds: Deck
  • Fencing: Partial Fencing
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Lot Acres: 0.1079
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4700.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
Oct 15, 2020
Sold by
Morris Richard and The Maxine L Morris Revocable
Bought by
Kelly Kevin Patrick and Kelly Chris Tina
Seller's Agent
Chris Castillo
Intero Real Estate Services
Buyer's Agent
Nate Randall
Sotheby’s International Realty
List Price
$1,600,000
Sold Price
$1,362,500
Premium/Discount to List
-$237,500
-14.84%
Current Estimated Value
$2,430,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,297
Avg. Annual Appreciation
11.57%
Original Mortgage
$1,021,875
Outstanding Balance
$913,463
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,385,684

Purchase Details

Closed on
Mar 26, 2007
Sold by
Morris Maxine L
Bought by
Morris Maxine L and The Maxine L Morris Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly Kevin Patrick $1,362,500 Orange Coast Ttl Co Of North
Morris Maxine L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Kevin Patrick $1,021,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $1,362,500 -0.9% $643 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $1,375,000 -8.0% $649 / Sq Ft
02/21/2020 02/21/20 Price Changed $1,495,000 -6.6% $705 / Sq Ft
02/09/2020 02/09/20 For Sale $1,600,000 -- $755 / 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 $13,324 $1,955,945 $865,945 $1,090,000
2024 $13,324 $1,938,966 $848,966 $1,090,000
2023 $10,988 $1,232,320 $832,320 $400,000
2022 $15,321 $976,000 $816,000 $160,000
2021 $15,244 $1,362,500 $800,000 $562,500
2020 $1,146 $92,172 $32,467 $59,705
2019 $1,037 $90,366 $31,831 $58,535
2018 $1,019 $88,595 $31,207 $57,388
2017 $1,002 $86,859 $30,596 $56,263
2016 $1,002 $85,157 $29,997 $55,160
2015 $986 $83,879 $29,547 $54,332
2014 $966 $82,237 $28,969 $53,268
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Castillo

    Intero Real Estate Services

    Section Image

  • N

    Buyer's Agent in 2020

    Nate Randall

    Sotheby’s International Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81782024

MLSListings

APN: 006-026-019-000

California Monterey County Pacific Grove 93950

1038 Balboa Ave, Pacific Grove, CA

This home is located at 1038 Balboa Ave, Pacific Grove, CA 93950 since 09 February 2020 and is currently estimated at $2,529,374, approximately $1,193 per square foot. This property was built in 1955. 1038 Balboa Ave is a home located in Monterey County with nearby schools including Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes