NOT LISTED FOR SALE

1248 Shell Ave Pacific Grove, CA 93950

Estimated Value: $2,327,000 - $3,085,000

4 Beds
2.5 Baths
2,132 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $1,900,000 $891 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $15,612/month

10 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Workshop
  • Robert Down Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of March 2023

This refreshed Beach Tract home just around the corner from the golf course, restaurants, and the beach is a real gem. From the oversized lot to the flexible space in the home itself, this coastal property has so much to offer. The lower level has 2 bedrooms, an office/bedroom, and a full bath. The upper floor with a bedroom area and living/dining area and full bath can be closed off with a locking door and the exterior entrance used, or it can be used along with the rest of the house. In addition to the big peeks of the ocean from the upper floor, this home also features a great enclosed area on the ground level that can be used as a wine room/art studio/workshop with its own half bath. On top of all of this, there is a bonus space for a workout/play area, a one car garage, and two driveways. Be sure to note the amount of yard space - unusual for the area. Welcome home!

Last Agent to Sell the Property

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 02/16/2023

Last Buyer's Agent

Pamela Harmon

PMZ Real Estate License #01046296

PMZ Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,653

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R-1H

Parking

  • 1 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Permanent Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Wine Cellar
  • Living Room with Fireplace
  • Workshop
  • Ocean Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Freezer
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 006-014-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,653

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 2132
  • Year Built: 1952
  • Zoning Description: R-1H
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Tile, Freezer, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2132
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Wine Cellar / Storage, Workshop
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Permanent, Raised
  • Roof: Composition, Flat / Low Pitch
  • View: Ocean, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Robert Down Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 563
  • Middle School: 561

Lot Info

  • Parcel Number: 006-014-010-000
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Elementary School Text: Robert Down Elementary
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 15, 2023
Sold by
Lloyd-Belchamber Family Living Trust
Bought by
Barber Jacob and Barber Katherine
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Pamela Harmon
PMZ Real Estate
List Price
$1,750,000
Sold Price
$1,900,000
Premium/Discount to List
$150,000
8.57%
Views
100
Current Estimated Value
$2,648,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,741
Avg. Annual Appreciation
13.57%
Original Mortgage
$1,520,000
Outstanding Balance
$1,471,936
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,176,805
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
Barber Jacob $1,900,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Jacob $1,520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $1,900,000 +8.6% $891 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $1,750,000 -- $821 / 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 $20,653 $1,976,760 $988,380 $988,380
2024 $20,653 $1,938,000 $969,000 $969,000
2023 $20,158 $1,900,000 $950,000 $950,000
2022 $3,172 $1,795,000 $950,000 $845,000
2021 $3,156 $272,472 $89,485 $182,987
2020 $3,095 $269,679 $88,568 $181,111
2019 $2,999 $264,392 $86,832 $177,560
2018 $2,943 $259,209 $85,130 $174,079
2017 $2,896 $254,127 $83,461 $170,666
2016 $2,902 $249,145 $81,825 $167,320
2015 $2,857 $245,403 $80,596 $164,807
2014 $2,799 $240,597 $79,018 $161,579
Source: Public Records

Agents Affiliated with this Home

  • Amber Russell

    Seller's Agent in 2023

    Amber Russell

    Over the Moon Realty, Inc

    (831) 402-1982

    84 in this area

    134 Total Sales

    Amber Russell
    Section Image
  • Pamela Harmon

    Buyer's Agent in 2023

    Pamela Harmon

    PMZ Real Estate

    (209) 345-2203

    2 in this area

    146 Total Sales

    Pamela Harmon
    Section Image
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Map

Source: MLSListings

MLS Number: ML81919078

MLSListings

APN: 006-014-010-000

California Monterey County Pacific Grove 93950

1248 Shell Ave, Pacific Grove, CA

This home is located at 1248 Shell Ave, Pacific Grove, CA 93950 since 16 February 2023 and is currently estimated at $2,648,741, approximately $1,242 per square foot. This property was built in 1952. 1248 Shell Ave is a home located in Monterey County with nearby schools including Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

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