NOT LISTED FOR SALE

112 16th St Pacific Grove, CA 93950

Estimated Value: $1,617,111 - $2,410,000

4 Beds
2 Baths
1,502 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $1,250,000 $832 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $11,220/month

75 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Formal Dining Room
  • Robert Down Elementary School Rated A
  • Victorian Architecture
  • 2-minute walk to Jewell Park

About This Home

As of August 2019

Location, location, location! Steps from Lover's Point beach and just two blocks from downtown Pacific Grove is the charming J.B. Wing home originally built in 1897. The inviting front porch is perfect for morning coffee or evening cocktails while you watch the surf. Tastefully updated through years this 4 bedroom, 2 bathroom home offers high ceilings, refinished hardwood floors, separate dining room, living room with fireplace, indoor laundry area and a great storage space off of the back of the house. New furnace, new hot water heater, new range, new light fixtures, redesigned and newly landscaped backyard and many other upgrades. Views of Monterey Bay from upstairs bedrooms which are all generous in size with plenty of storage. You will love J.B. Wing!

Last Agent to Sell the Property

Julie Kavanaugh

Intero Real Estate Services License #01271808 Listed on: 04/23/2019

Intero Real Estate Services

Last Buyer's Agent

Linda David

Powerhouse Realty License #01846061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,295

Year Built

  • Built in 1897

Lot Details

  • 2,104 Sq Ft Lot
  • Back and Front Yard Fenced
  • Zoning described as R1

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Ocean Views

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-154-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,295

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Age: 122
  • Listing Class: Residential
  • Structure Sq Ft: 1502
  • Year Built: 1897
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Family Room, Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1502
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Ocean
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Pacific Grove Unified
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Middle School: 561

Lot Info

  • Parcel Number: 006-154-006-000
  • Lot Acres: 0.0483
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2106.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2106.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 31, 2019
Sold by
Griffin John W and Griffin Felicia Audrey
Bought by
Sarkis George Y and Sarkis Olivia
Seller's Agent
Julie Kavanaugh
Intero Real Estate Services
Buyer's Agent
Linda David
Powerhouse Realty
List Price
$1,290,000
Sold Price
$1,250,000
Premium/Discount to List
-$40,000
-3.1%
Current Estimated Value
$1,912,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,278
Avg. Annual Appreciation
7.10%
Original Mortgage
$1,000,000
Outstanding Balance
$875,815
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,036,463

Purchase Details

Listed on
Jan 8, 2018
Closed on
May 22, 2018
Sold by
Schoonmaker Jonathan T and Schoonmaker Michelle
Bought by
Griffin John W and Griffin Felicia Audrey
Seller's Agent
Becky Jones
Sotheby’s International Realty
Buyer's Agent
Julie Kavanaugh
Montgomery Company
List Price
$1,198,000
Sold Price
$1,175,000
Premium/Discount to List
-$23,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$940,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2014
Closed on
Nov 5, 2014
Sold by
Bedwell Barry J and Bedwell Kimberly K
Bought by
Schoonmaker Jonathan T and Schoonmaker Michelle
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$949,000
Sold Price
$929,000
Premium/Discount to List
-$20,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Sep 14, 2010
Sold by
Gil Osorio Joyce M
Bought by
Bedwell Barry J and Bedwell Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Gil Osorio Joyce M
Bought by
Gil Osorio Joyce M and The Joye M Gil Osorio Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Pilkington David and Pilkington Celeste
Bought by
Gil Osorio Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Goldsmith Stan and Goldsmith Colleen
Bought by
Pilkington David and Pilkington Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.14%

Purchase Details

Closed on
Feb 4, 1994
Sold by
Faust R Stephen and Faust Marilyn J
Bought by
Goldsmith Stan and Goldsmith Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
7.1%
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
Sarkis George Y $1,250,000 Chicago Title Co
Griffin John W $1,175,000 Old Republic Title Co
Schoonmaker Jonathan T $929,000 First American Title Company
Bedwell Barry J $775,000 Chicago Title Company
Gil Osorio Joyce M -- --
Gil Osorio Joyce $1,075,000 Stewart Title
Pilkington David $900,000 Old Republic Title Company
Goldsmith Stan $345,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkis George Y $1,000,000
Previous Owner Griffin John W $940,000
Previous Owner Bedwell Barry J $500,000
Previous Owner Gil Osorio Joyce $860,000
Previous Owner Pilkington David $650,000
Previous Owner Goldsmith Stan $241,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold $1,250,000 -2.0% $832 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $1,275,000 -1.2% $849 / Sq Ft
04/23/2019 04/23/19 For Sale $1,290,000 +9.8% $859 / Sq Ft
05/25/2018 05/25/18 Sold $1,175,000 -1.9% $782 / Sq Ft View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $1,198,000 0.0% $798 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $1,198,000 -4.1% $798 / Sq Ft
01/08/2018 01/08/18 For Sale $1,249,000 +34.4% $832 / Sq Ft
11/10/2014 11/10/14 Sold $929,000 -2.1% $619 / Sq Ft View Prior Sale
10/19/2014 10/19/14 Pending -- -- --
09/27/2014 09/27/14 For Sale $949,000 -- $632 / 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 $14,295 $1,367,054 $1,038,961 $328,093
2024 $14,295 $1,340,250 $1,018,590 $321,660
2023 $14,464 $1,313,971 $998,618 $315,353
2022 $14,171 $1,288,208 $979,038 $309,170
2021 $14,099 $1,262,950 $959,842 $303,108
2020 $13,815 $1,250,000 $950,000 $300,000
2019 $13,083 $1,198,500 $765,000 $433,500
2018 $10,722 $981,269 $633,759 $347,510
2017 $10,548 $962,030 $621,333 $340,697
2016 $10,574 $943,167 $609,150 $334,017
2015 $10,403 $929,000 $600,000 $329,000
2014 $9,068 $809,970 $418,049 $391,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81748337

MLSListings

APN: 006-154-006-000