NOT LISTED FOR SALE

1205 Otter Ln Pacific Grove, CA 93950

Estimated Value: $1,177,754 - $1,529,000

6 Beds
2 Baths
2,112 Sq Ft
$630/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $590,000 $279 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $7,594/month

44 Days on Market

About This Home

As of February 2015

Super Duplex in quiet, wooded, Pacific Grove neighborhood conveniently located near shops & public transportation. Each unit has 3 bedrooms, 1 bath (shower over tub), a living room, & a dining area. Units have separate gas/electric/water meters, & each has its own separate storage room w/ washer-dryer hookups. Each unit has its own private outdoor space. The lower unit has a separate, fenced side yard, & the upper unit has a large deck over the carport. Ample off street parking is provided by a 2 car, covered carport & a large driveway. Both units are vacant & show nicely. Located just minutes from all the sites in Monterey, Pacific Grove & Carmel, this is a wonderful opportunity to purchase a great income or vacation property. A must see!

Last Agent to Sell the Property

Dennis Murray

Pinnacle Properties License #01093759 Listed on: 12/10/2014

Last Buyer's Agent

John Davi

Davi Properties Group License #00626920

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,444

Year Built

  • 1962

Lot Details

  • 0.94

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Community Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,444

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: res
  • Subclass: Duplex
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2112
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 2112
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4098.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Giammanco Cristi
Bought by
Cristi Giammanco Family Trust and Giammanco
Current Estimated Value
$1,329,939

Purchase Details

Closed on
Nov 1, 2023
Sold by
Giammanco Anthony and Giammanco Cristi
Bought by
Giammanco Cristi

Purchase Details

Listed on
Dec 10, 2014
Closed on
Feb 4, 2015
Sold by
Murray John J
Bought by
Giammanco Anthony and Giammanco Cristi
Seller's Agent
Dennis Murray
Pinnacle Properties
Buyer's Agent
John Davi
Davi Properties Group
List Price
$698,000
Sold Price
$590,000
Premium/Discount to List
-$108,000
-15.47%

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%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cristi Giammanco Family Trust -- None Listed On Document
Giammanco Cristi -- None Listed On Document
Giammanco Anthony $590,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2015 02/10/15 Sold $590,000 0.0% $279 / Sq Ft View Prior Sale
02/10/2015 02/10/15 Sold $590,000 -15.5% $279 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/23/2015 01/23/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $698,000 +18.3% $330 / Sq Ft
11/07/2014 11/07/14 For Sale $590,000 -- $279 / 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 $7,444 $709,084 $480,737 $228,347
2024 $7,444 $695,181 $471,311 $223,870
2023 $7,570 $681,551 $462,070 $219,481
2022 $7,417 $668,188 $453,010 $215,178
2021 $7,380 $655,087 $444,128 $210,959
2020 $7,232 $648,371 $439,575 $208,796
2019 $7,004 $635,658 $430,956 $204,702
2018 $6,866 $623,195 $422,506 $200,689
2017 $6,755 $610,976 $414,222 $196,754
2016 $6,771 $598,997 $406,100 $192,897
2015 $6,937 $614,766 $409,844 $204,922
2014 $6,793 $602,724 $401,816 $200,908
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dennis Murray

    Pinnacle Properties

  • John Davi

    Buyer's Agent in 2015

    John Davi

    Davi Properties Group

    (831) 646-9988

    2 in this area

    14 Total Sales

    John Davi
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Map

Source: MLSListings

MLS Number: ML81444595

MLSListings

APN: 007-594-020-000

California Monterey County Pacific Grove 93950

1205 Otter Ln, Pacific Grove, CA

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