NOT LISTED FOR SALE

1091 Lighthouse Ave Pacific Grove, CA 93950

Estimated Value: $1,520,000 - $2,331,410

3 Beds
2.5 Baths
1,622 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $1,500,000 $925 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,001/month

6 Days on Market

Highlights

  • Stone Countertops
  • 3 Car Detached Garage
  • Kitchen Island
  • Robert Down Elementary School Rated A
  • Breakfast Bar
  • Forced Air Heating System

About This Home

As of March 2021

Incredible multi-unit opportunity situated in beautiful Pacific Grove! This charming property has been meticulously updated with infrastructure and cosmetic enhancements throughout! The main home features 2 bedrooms, 1.5 baths, beautiful wide-plank flooring throughout and a cozy fireplace in the living room. The kitchen offers stainless-steel appliances, breakfast bar opening to the dining room, quartzite countertops, hammered copper farm style sink and brand new, custom cabinetry. The second unit features 1 bedroom, full bathroom, living room and kitchenette, all accessible by a separate entrance. The property sits on an 8500 sq ft lot, low maintenance landscaping, courtyard, and brand-new fencing. Parking is a non-issue with a 3 car garage, privately tucked away in the rear of the lot, as well as the long, paved driveway offering ample off street parking for visitors, RV or boat. This property is located near restaurants, shopping, bike trails and a few short blocks from the beach!

Last Agent to Sell the Property

Pete Ruiz

KW Coastal Estates License #70010112 Listed on: 01/26/2021

KW Coastal Estates

Last Buyer's Agent

Arleen Hardenstein

Sotheby’s International Realty License #01710953

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,981

Year Built

  • 1946

Lot Details

  • 8,499 Sq Ft Lot
  • Wood Fence
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,622 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Community Sewer or Septic

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,981

Year Built

1946

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Single Family Home
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 1622
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Island, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 1622
  • Stories: 2
  • Laundry: Gas Hookup, Inside, Washer / Dryer
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Bbq Area, Courtyard, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 5
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Parking Area, Room For Oversized Vehicle

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.1951
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 1, 2021
Sold by
Schleifer Arthur and Leonard Leslie Anne
Bought by
Schleifer Arthur and Leonard Leslie
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Arleen Hardenstein
Sotheby’s International Realty
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%
Current Estimated Value
$1,799,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,103
Avg. Annual Appreciation
3.85%
Original Mortgage
$548,000
Outstanding Balance
$493,470
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,287,848

Purchase Details

Listed on
Jan 26, 2021
Closed on
Feb 25, 2021
Sold by
Velo Justin and Velo Angela
Bought by
Schleifer Arthur and Leonard Leslei Anne
Seller's Agent
Pete Ruiz
KW Coastal Estates
Buyer's Agent
Arleen Hardenstein
Sotheby’s International Realty
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$493,470
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,287,848

Purchase Details

Listed on
Jun 11, 2019
Closed on
Feb 4, 2020
Sold by
Harrell Jancie
Bought by
Velo Justin and Velo Angela
Seller's Agent
Ted Blocker
Shankle Real Estate
Buyer's Agent
Pete Ruiz
KW Coastal Estates
List Price
$1,019,000
Sold Price
$987,000
Premium/Discount to List
-$32,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.42%

Purchase Details

Closed on
Apr 26, 2004
Sold by
Sbranti Frank P
Bought by
Sbranti Frank P
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
Schleifer Arthur -- Chicago Title Company
Schleifer Arthur $150,000 Chicago Title Company
Velo Justin $987,000 Chicago Title Company
Sbranti Frank P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schleifer Arthur $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $1,500,000 +0.3% $925 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,495,000 +51.5% $922 / Sq Ft
02/10/2020 02/10/20 Sold $987,000 -3.1% $609 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $1,019,000 0.0% $628 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $1,019,000 0.0% $628 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
09/27/2019 09/27/19 Price Changed $1,019,000 -6.4% $628 / Sq Ft
07/23/2019 07/23/19 Price Changed $1,089,000 -5.3% $671 / Sq Ft
06/11/2019 06/11/19 For Sale $1,150,000 -- $709 / 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 $16,981 $1,623,646 $974,188 $649,458
2024 $16,981 $1,591,811 $955,087 $636,724
2023 $17,171 $1,560,600 $936,360 $624,240
2022 $16,823 $1,530,000 $918,000 $612,000
2021 $11,084 $1,500,000 $900,000 $600,000
2020 $9,823 $885,211 $649,158 $236,053
2019 $9,499 $867,855 $636,430 $231,425
2018 $9,310 $850,839 $623,951 $226,888
2017 $9,159 $834,157 $611,717 $222,440
2016 $9,181 $817,802 $599,723 $218,079
2015 $9,033 $805,519 $590,715 $214,804
2014 $8,844 $789,741 $579,144 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81827296

MLSListings

APN: 006-361-012-000