NOT LISTED FOR SALE

1101 David Ave Pacific Grove, CA 93950

Estimated Value: $1,239,000 - $1,660,000

4 Beds
2 Baths
2,278 Sq Ft
$636/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $430,000 $189 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $8,403/month

26 Days on Market

Highlights

  • Living Room with Fireplace
  • Main Floor Bedroom
  • Den
  • Forest Grove Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Eat-In Kitchen

About This Home

As of August 2012

Short sale on large beautiful corner lot. This spacious home has skylights and large windows for lots of light. Good location close to PG schools and shopping. Newer roof. Garage converted to storage. Good for young family or remodel to suit. Permit approval for garage conversion to studio unit. Estimates for Sewer Lateral and Section 1 work are available.

Last Agent to Sell the Property

Meyers/Sunwood

Bliss by the Sea Realty License #70000247 Listed on: 05/12/2012

Last Buyer's Agent

Bonnie J Sunwood

Bliss by the Sea Realty License #01708916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1952

Lot Details

  • 9,017

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,278 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Garden Windows
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Sewer Within 50 Feet
  • Satellite Dish

Additional Features

  • Energy-Efficient Insulation
  • Barbecue Area
  • Lot Sloped Up

Listing and Financial Details

  • Assessor Parcel Number 007-581-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,075

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 60
  • Sale Price Per Sq Ft: 188.76
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2278
  • Incorporated: Yes
  • Map Book Page: 1133
  • Map Side Coordinate: 1
  • Map Top Coordinate: E
  • Thomas Bros Page: 1133
  • Thomas Brothers: E1
  • Year Built: 1952
  • Zoning Description: R-1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Pellet Stove, Yes
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 2278
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Laundry Room
  • Flooring: Tile, Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, No Stall Shower, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), BBQ Area
  • Exterior: Wood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Baseboard, Wall Furnace, Gas
  • Sewer/Septic System: Sewer or Septic Inspection Req'd, Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Bay Window

Schools

  • School District: Pacific Grove Unified
  • Middle School: Pacific Grove Middle
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 007-581-011
  • Lot Location: Corner
  • List Price per Sq Ft: 206.32
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9000.00
  • Lot Size Area Min Search: 9000.00
  • Maximum Lot Size: 9000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Unknown

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2012
Closed on
Aug 27, 2012
Sold by
Shin Kyecha and Shin Ilsoon
Bought by
Malone Patrick J and Malone Brandy L F
Seller's Agent
Meyers/Sunwood
Bliss by the Sea Realty
Buyer's Agent
Bonnie J Sunwood
Bliss by the Sea Realty
List Price
$470,000
Sold Price
$430,000
Premium/Discount to List
-$40,000
-8.51%
Current Estimated Value
$1,442,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,012,360
Avg. Annual Appreciation
9.90%
Original Mortgage
$342,000
Outstanding Balance
$237,444
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$1,222,388

Purchase Details

Closed on
Mar 2, 2004
Sold by
Shin Kyecha
Bought by
Shin Iisoon and Shin Kyecha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 2001
Sold by
Shin Ilsoon and Shin Kyecha
Bought by
Shin Kyecha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 21, 1995
Sold by
Beard Joan M
Bought by
Shin Ilsoon and Shin Kyecha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
5.75%
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
Malone Patrick J $430,000 Old Republic Title Company
Shin Iisoon -- Fidelity Title
Shin Kyecha -- American Title Co
Shin Ilsoon $239,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Patrick J $342,000
Previous Owner Shin Ilsoon $220,000
Previous Owner Shin Ilsoon $557,500
Previous Owner Shin Ilsoon $510,000
Previous Owner Shin Iisoon $100,000
Previous Owner Shin Kyecha $468,750
Previous Owner Shin Ilsoon $280,000
Previous Owner Shin Ilsoon $215,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $430,000 -8.5% $189 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $470,000 -- $206 / 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 $6,075 $578,756 $338,635 $240,121
2024 $6,075 $567,409 $331,996 $235,413
2023 $6,219 $556,285 $325,487 $230,798
2022 $6,095 $545,378 $319,105 $226,273
2021 $6,064 $534,686 $312,849 $221,837
2020 $5,944 $529,205 $309,642 $219,563
2019 $5,757 $518,829 $303,571 $215,258
2018 $5,645 $508,657 $297,619 $211,038
2017 $5,554 $498,684 $291,784 $206,900
2016 $5,567 $488,907 $286,063 $202,844
2015 $5,478 $481,565 $281,767 $199,798
2014 $5,365 $472,133 $276,248 $195,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81217881

MLSListings

APN: 007-581-011-000