NOT LISTED FOR SALE

1289 Adobe Ln Pacific Grove, CA 93950

Estimated Value: $1,345,000 - $1,627,685

2 Beds
2 Baths
1,282 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $850,000 $663 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,349/month

128 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Vaulted Ceiling
  • Forest Grove Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2019

Situated on a sun drenched lot at the top of Adobe Lane, this mid-century post adobe home is sanctuary. Enter the property through tranquil gardens, lighted pathways and Koi pond. In the home you are greeted by a warm open floor plan with high open beamed ceilings, bamboo flooring, dual pane wood casement windows and a gas starter fireplace. Filtered ocean views from the living room as well as the front patio and back deck. Spacious and bright gourmet kitchen with top of the line appliances and finishes. Two sets of french doors open to the front gardens, and the fully fenced backyard features extensive stone work, a firepit and putting green.

Last Agent to Sell the Property

Trish Sohle

Sotheby’s International Realty License #01134431 Listed on: 09/12/2018

Last Buyer's Agent

Bill Phillips

Phillips Real Estate License #00625289

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Forest

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Adobe

Interior Spaces

  • 1,282 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 006-731-008-000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Custom, Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1282
  • Year Built: 1952
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Exhaust Fan, Garbage Disposal, Oven - Double, Refrigerator
  • Living Sq Ft: 1282
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside, Washer / Dryer
  • Flooring: Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers over Tubs - 2+, Sunken / Garden Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Forest / Woods, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Drought Tolerant Plants, Fenced, Fire Pit
  • Fencing: Wood
  • Construction Type: Adobe, Brick, Stucco, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • High School: 560

Lot Info

  • Parcel Number: 006-731-008-000
  • 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: Forest Grove 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
Sep 12, 2018
Closed on
Feb 13, 2019
Sold by
Karralli Gazwan F and Alkadhi Selwa
Bought by
Cook Marc and Beler Su
Seller's Agent
Trish Sohle
Sotheby’s International Realty
Buyer's Agent
Bill Phillips
Phillips Real Estate
List Price
$864,900
Sold Price
$850,000
Premium/Discount to List
-$14,900
-1.72%
Current Estimated Value
$1,446,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,921
Avg. Annual Appreciation
7.80%
Original Mortgage
$680,000
Outstanding Balance
$597,842
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$849,079

Purchase Details

Closed on
Nov 26, 2014
Sold by
Karralli Gazwan F and Alkadhi Selwa
Bought by
Karralli Gazwan F and Alkadhi Selwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Karelli Gazwan and Alkadhi Selwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,465
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2010
Sold by
Fichera Thomas J and Nobles Jennifer A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 7, 2009
Sold by
Nobles Jennifer Ann
Bought by
Fichera Thomas J and Thomas J Ficher Trust

Purchase Details

Closed on
Jan 18, 2007
Sold by
Fichera Thomas J and Nobles Jennifer A
Bought by
Fichera Thomas J and Thomas J Fichera Trust

Purchase Details

Closed on
Nov 22, 2005
Sold by
Nevins William P
Bought by
Fichera Thomas J and Nobles Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Nevins William P
Bought by
Nevins William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 29, 1997
Sold by
Nevins Elaine Edgar
Bought by
Nevins William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
3.95%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Gray Todd E
Bought by
Nevins William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
3.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cook Marc $850,000 Chicago Title Salinas
Karralli Gazwan F -- None Available
Karelli Gazwan $455,000 Fidelity National Title Co
Jpmorgan Chase Bank National Association $479,738 Servicelink
Fichera Thomas J -- None Available
Fichera Thomas J -- None Available
Fichera Thomas J $955,000 Fidelity Title
Nevins William P -- First American Title
Nevins William P -- First American Title
Nevins William P $253,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Marc $680,000
Previous Owner Karralli Gazwan F $424,000
Previous Owner Karelli Gazwan $443,465
Previous Owner Fichera Thomas J $764,000
Previous Owner Nevins William P $452,000
Previous Owner Nevins William P $202,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $850,000 -1.7% $663 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $864,900 0.0% $675 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $864,900 -- $675 / 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 $9,853 $948,185 $669,309 $278,876
2024 $9,853 $929,594 $656,186 $273,408
2023 $9,993 $911,368 $643,320 $268,048
2022 $9,790 $893,499 $630,706 $262,793
2021 $9,738 $875,981 $618,340 $257,641
2020 $9,542 $867,000 $612,000 $255,000
2019 $5,689 $522,563 $344,548 $178,015
2018 $5,576 $512,318 $337,793 $174,525
2017 $5,484 $502,273 $331,170 $171,103
2016 $5,496 $492,426 $324,677 $167,749
2015 $5,406 $485,031 $319,801 $165,230
2014 $5,308 $475,531 $313,537 $161,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81723002

MLSListings

APN: 006-731-008-000

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