M
Seller's Agent in 2017
Mark Peterson
Monterey Coast Realty
116 15th St Pacific Grove, CA 93950
Estimated Value: $1,239,750 - $1,718,000
2
Beds
2
Baths
930
Sq Ft
$1,549/Sq Ft
Est. Value
Highlights
- Ocean View
- Post and Beam
- 1 Car Detached Garage
- Robert Down Elementary School Rated A
- Wood Flooring
- 4-minute walk to Jewell Park
About This Home
As of May 2017Two Cottages by the Bay are situated just four back from the Monterey Bay and a block and one-half to Downtown Pacific Grove. 116 and 116 ½ 15th Street are all about location. Hop on the recreation trail, stroll to historic downtown Pacific Grove restaurants and shopping, or go to the beach and jump in the ocean at Lover’s Point Park. Four back from the ocean with five+ possibilities. Live in one, rent one. Rebuild one, live in one. Rent two. Rebuild two or three. Or rebuild one large home. Currently not on the Historic Resources Inventory and seller has started the formal review process. Assuming property is not historic, R-3 zoning and lot size would allow 2,311 square foot Gross Floor Area development (whether a single family home, duplex, or triplex). These two adorable cottages have endured over time but now are in need of some TLC and will likely require a cash buyer. Currently tenant occupied, showings will be scheduled and largely limited to open houses.
Last Agent to Sell the Property
Mark Peterson
Monterey Coast Realty License #01977162 Listed on: 03/28/2017
Last Buyer's Agent
Matthew Velasquez
Alain Pinel Realtors License #01968946
Home Details
Home Type
- Single Family
Year Built
- Built in 1928
Lot Details
- 3,485 Sq Ft Lot
- Partially Fenced Property
- Wood Fence
- Gentle Sloping Lot
- Grass Covered Lot
- Zoning described as R-3
Parking
- 1 Car Detached Garage
- On-Street Parking
- Off-Street Parking
Property Views
- Ocean
- Bay
Home Design
- Post and Beam
- Cottage
- Fixer Upper
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 930 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Dining Room
- Gas Oven
- Washer and Dryer
Flooring
- Wood
- No Floor Coverings
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Utilities
- Wall Furnace
- Individual Gas Meter
- High Speed Internet
- Cable TV Available
Additional Features
- Shed
- 60 SF Accessory Dwelling Unit
Listing and Financial Details
- Assessor Parcel Number 006-181-006-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2017
Closed on
Apr 27, 2017
Sold by
Dobonye Synthia
Bought by
Pgsquared Llc
Seller's Agent
Mark Peterson
Monterey Coast Realty
Buyer's Agent
Matthew Velasquez
Alain Pinel Realtors
List Price
$849,000
Sold Price
$925,000
Premium/Discount to List
$76,000
8.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,438
Avg. Annual Appreciation
5.23%
Purchase Details
Closed on
Oct 23, 2015
Sold by
Dobonye Synthia
Bought by
Dobonye Synthia and Synthia Dobonye Trust
Purchase Details
Closed on
Sep 7, 2006
Sold by
Mirov Synthia Setsuko Sato
Bought by
Mirov Synthia Sato and The Synthia Mirov Family Living Trust
Purchase Details
Closed on
Jan 5, 2004
Sold by
Sato Nancy Y
Bought by
Mirov Synthia Setsuko Sato
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pgsquared Llc | $925,000 | First American Title Company | |
| Dobonye Synthia | -- | None Available | |
| Mirov Synthia Sato | -- | None Available | |
| Mirov Synthia Setsuko Sato | -- | -- | |
| Sato Nancy Y | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2017 05/01/17 | Sold | $925,000 | +9.0% | $995 / Sq Ft |
| 03/30/2017 03/30/17 | Pending | -- | -- | -- |
| 03/28/2017 03/28/17 | For Sale | $849,000 | -- | $913 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $11,244 | $1,073,535 | $812,407 | $261,128 |
| 2024 | $11,244 | $1,052,486 | $796,478 | $256,008 |
| 2023 | $11,388 | $1,031,850 | $780,861 | $250,989 |
| 2022 | $11,157 | $1,011,618 | $765,550 | $246,068 |
| 2021 | $11,101 | $991,784 | $750,540 | $241,244 |
| 2020 | $10,878 | $981,616 | $742,845 | $238,771 |
| 2019 | $10,532 | $962,370 | $728,280 | $234,090 |
| 2018 | $10,322 | $943,500 | $714,000 | $229,500 |
| 2017 | $2,331 | $205,077 | $85,513 | $119,564 |
| 2016 | $2,336 | $201,057 | $83,837 | $117,220 |
| 2015 | $2,299 | $198,038 | $82,578 | $115,460 |
| 2014 | $2,252 | $194,160 | $80,961 | $113,199 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2017
Matthew Velasquez
Alain Pinel Realtors
Map
Source: MLSListings
MLS Number: ML81644208
APN: 006-181-006-000
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