NOT LISTED FOR SALE

128 16th St Pacific Grove, CA 93950

4 Beds
4 Baths
2,168 Sq Ft
2,178 Sq Ft Lot

Last Sold April 18, 2014

Last sale price $650,000 $300 Per Sq Ft

103 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • 2-minute walk to Jewell Park
  • Robert Down Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of April 2014

Charming 4-plex near downtown Pacific Grove. A short stroll to Lovers Point. Adjacent lot does not convey.

Last Agent to Sell the Property

Lucie Campos

Coldwell Banker Realty License #01345594 Listed on: 12/06/2013

Coldwell Banker Realty

Last Buyer's Agent

Lucie Campos

Coldwell Banker Realty License #01345594 Listed on: 12/06/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Lot Details

  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $39,968
  • The owner pays for electric, garbage, water

Community Details

Overview

  • 2,168 Sq Ft Building

Building Details

  • Insurance Expense $1,230
  • Maintenance Expense $2,041
  • Other Expense $2,411
  • Utility Expense $854
  • Trash Expense $672
  • Operating Expense $15,493
  • Gross Income $39,968

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

0

Listing Details

  • Zoning: 2C
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 299.82
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2168
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2168
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Parking Features: Street

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2100.00
  • Lot Size Area Min Search: 2100.00
  • Maximum Lot Size: 2100.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.77

Multi Family

  • Expense Insurance: 1230
  • Expense Maintenance: 2041
  • Expenses Other: 2411
  • Expenses Total: 15493
  • Expenses Utility: 854
  • Expense Trash: 672
  • Expense Water Sewer: 3876
  • Income Annual Gross: 39968.00
  • Income Annual Rental: 39968
  • Income Gross Scheduled: 39968
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Gas, Master Electric, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Supplies
  • Owner Pays: Electric, Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $650,000 -13.3% $300 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $750,000 -- $346 / Sq Ft
Source: MLSListings

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 $8,397 $796,799 $490,338 $306,461
2024 $8,397 $781,176 $480,724 $300,452
2023 $8,559 $765,860 $471,299 $294,561
2022 $8,387 $750,844 $462,058 $288,786
2021 $8,344 $736,123 $452,999 $283,124
2020 $8,178 $728,576 $448,355 $280,221
2019 $7,921 $714,291 $439,564 $274,727
2018 $7,766 $700,287 $430,946 $269,341
2017 $7,641 $686,557 $422,497 $264,060
2016 $7,581 $673,096 $414,213 $258,883
2015 $7,458 $662,987 $407,992 $254,995
2014 $4,565 $395,993 $212,140 $183,853
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81342595

MLSListings

APN: 006-154-012