NOT LISTED FOR SALE

1124 Balboa Ave Pacific Grove, CA 93950

Estimated Value: $3,066,850 - $3,764,000

4 Beds
2.5 Baths
2,638 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $2,750,000 $1,042 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $18,582/month

46 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Robert Down Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 2-minute walk to Esplanade Park

About This Home

As of October 2022

Live your dream vacation in this coastal craftsman view property located in the desirable Beach Tract neighborhood. Photos don't do the view justice. Wake up to the sunrise and glorious views of the Monterey Bay - listen to the waves crashing - watch the sail boats go by. Interior features include a spacious kitchen, pecan hardwood flooring, vaulted ceilings, and a surprising primary bedroom suite that rivals a luxury hotel room with a walk-in closet, oversized tub, large shower, separate vanities, and incredible water views. The protected deck off the upstairs' family room is the perfect place to entertain or wind down and enjoy the views. Use the extra bedroom upstairs as the ideal work-from-home office. The two bedrooms and full bath downstairs could become a 2nd main suite. Close to the PG Golf Links, Asilomar Beach, Lover's Point, the Rec Trail, Esplanade Park, and Point Pinos Lighthouse, this peaceful coastal retreat is perfect for a full-time residence or vacation living.

Last Agent to Sell the Property

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 08/05/2022

Last Buyer's Agent

Thomas Bruce

The Agency License #00804595

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,317

Year Built

  • 2007

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,638 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Alarm System
  • Fire Sprinkler System

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Tankless Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,317

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 2638
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Garbage Disposal, Hookups - Gas, Microwave, Oven - Built-In, Pantry, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 2638
  • Stories: 1
  • Security: Fire System - Sprinkler, Security Alarm
  • Bedrooms: More Than One Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Stall Shower - 2+, Tub In Primary Bedroom, Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Bay, Ocean, Water
  • Yard/Grounds: Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Wood

Garage/Parking

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

Utilities

  • Heating System: Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6534.00

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 4, 2022
Sold by
Haug David and Haug Lilia
Bought by
1991 Bialick Family Trust
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Thomas Bruce
The Agency
List Price
$2,998,000
Sold Price
$2,750,000
Premium/Discount to List
-$248,000
-8.27%
Views
54
Current Estimated Value
$3,295,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,213
Avg. Annual Appreciation
3.83%
Original Mortgage
$3,205,000
Outstanding Balance
$3,081,413
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
-$11,510

Purchase Details

Listed on
Apr 26, 2012
Closed on
May 22, 2012
Sold by
Austin William Scott and Austin Loni Marie
Bought by
Haug David and Haug Lilia
Seller's Agent
Christian Haun
Keller Williams Realty
Buyer's Agent
Randi Greene
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Burschinger Peter D and Burschinger Sarah W
Bought by
Austin William Scott and Austin Loni Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Butler Jack N
Bought by
Burschinger Peter D and Burschinger Sarah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
1991 Bialick Family Trust $2,750,000 Old Republic Title
Haug David $1,250,000 Chicago Title Company
Austin William Scott $515,000 Old Republic Title Company
Burschinger Peter D $235,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1991 Bialick Family Trust $250,000
Open 1991 Bialick Family Trust $3,205,000
Previous Owner Haug David $625,000
Previous Owner Austin William Scott $580,000
Previous Owner Austin William Scott $142,000
Previous Owner Austin William Scott $610,000
Previous Owner Austin William Scott $221,650
Previous Owner Austin William Scott $225,000
Previous Owner Burschinger Peter I $341,250
Previous Owner Burschinger Peter D $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $2,750,000 -3.5% $1,042 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/03/2022 09/03/22 Price Changed $2,850,000 -4.9% $1,080 / Sq Ft
08/05/2022 08/05/22 For Sale $2,998,000 +139.8% $1,136 / Sq Ft
05/25/2012 05/25/12 Sold $1,250,000 -3.8% $456 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $1,299,000 -- $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 $12,317 $1,184,431 $639,593 $544,838
2024 $12,317 $1,161,207 $627,052 $534,155
2023 $30,171 $1,138,439 $614,757 $523,682
2022 $16,325 $2,750,000 $1,500,000 $1,250,000
2021 $16,242 $1,450,496 $870,298 $580,198
2020 $15,917 $1,435,624 $861,375 $574,249
2019 $15,411 $1,407,476 $844,486 $562,990
2018 $15,104 $1,379,879 $827,928 $551,951
2017 $14,859 $1,352,824 $811,695 $541,129
2016 $14,896 $1,326,299 $795,780 $530,519
2015 $14,656 $1,306,378 $783,827 $522,551
2014 $14,350 $1,280,788 $768,473 $512,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81902811

MLSListings

APN: 006-024-008-000