NOT LISTED FOR SALE

1365 Pico Ave Pacific Grove, CA 93950

Estimated Value: $3,072,000 - $6,683,354

3 Beds
3 Baths
1,629 Sq Ft
$3,099/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $1,825,000 $1,120 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $31,671/month

161 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Contemporary Architecture
  • Robert Down Elementary School Rated A
  • Deck
  • Combination Dining and Living Room

About This Home

As of November 2014

A diamond in the rough! Sited on the sand dunes of world famous Asilomar Beach, this 3 bedroom/3 bath beach house is just waiting to have its rough edges smoothed to bring back its sparkle. There are incredible white water views from almost every room. This is a special property and location ready for its transformation. Conceptual plans are available for viewing.

Last Agent to Sell the Property

Sharon Pelino

Coldwell Banker Realty License #01274281 Listed on: 02/10/2014

Coldwell Banker Realty

Last Buyer's Agent

J.R. Rouse

Sotheby’s International Realty License #01299649

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,339

Year Built

  • Built in 1954

Lot Details

  • 0.51

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,629 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Ocean Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • 220 Volts
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 007-072-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,339

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 60
  • Sale Price Per Sq Ft: 1120.32
  • Listing Class: Residential
  • Structure Sq Ft: 1629
  • Map Book Page: 73
  • Map Side Coordinate: 9
  • Map Top Coordinate: C
  • Thomas Bros Page: 73
  • Thomas Brothers: C9
  • Year Built: 1954
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Refrigerator, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 1629
  • Stories: 2
  • Flooring: Carpet - Area, Vinyl / Linoleum
  • Additional Rooms: Guest Quarters
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Deck
  • Exterior: Wood

Garage/Parking

  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Septic Tank / Pump

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 007-072-009
  • Lot Location: Corner
  • List Price per Sq Ft: 1224.68
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22300.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 22300.00
  • Lot Size Area Min Search: 22300.00
  • Maximum Lot Size: 22300.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Nov 21, 2014
Sold by
St Dennis Thomas M and St Dennis Sandra
Bought by
St Dennis 1998 Trust
Seller's Agent
Sharon Pelino
Coldwell Banker Realty
Buyer's Agent
J.R. Rouse
Sotheby’s International Realty
List Price
$2,200,000
Sold Price
$1,825,000
Premium/Discount to List
-$375,000
-17.05%
Current Estimated Value
$5,047,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,222,589
Avg. Annual Appreciation
9.50%

Purchase Details

Listed on
Feb 10, 2014
Closed on
Nov 3, 2014
Sold by
Alpine Bear Creek Lp
Bought by
St Dennis Thomas M and St Dennis Sandra
Seller's Agent
Sharon Pelino
Coldwell Banker Realty
Buyer's Agent
J.R. Rouse
Sotheby’s International Realty
List Price
$2,200,000
Sold Price
$1,825,000
Premium/Discount to List
-$375,000
-17.05%

Purchase Details

Closed on
Apr 20, 2009
Sold by
Alpine Park Llc
Bought by
Alpine Bear Creek Lp

Purchase Details

Closed on
Nov 30, 2005
Sold by
Agbenbow Llc
Bought by
Olson Bruce W and Olson Molly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2004
Sold by
Greening Anthony B and Greening Glynis
Bought by
Agbenbow Llc

Purchase Details

Closed on
Jan 9, 2004
Sold by
Greening Anthony B and Greening Glynis
Bought by
Greening Anthony B and Greening Glynis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2004
Sold by
Flannery Theresa and Flannery Timothy
Bought by
Greening Anthony B and Greening Glynis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
St Dennis 1998 Trust -- Chicago Title
St Dennis Thomas M $1,825,000 Chicago Title Company
Alpine Bear Creek Lp -- None Available
Alpine Park Llc -- None Available
Olson Bruce W -- None Available
Olson Bruce W -- None Available
Olson Bruce W $2,200,000 First American Title
Agbenbow Llc -- --
Greening Anthony B -- Stewart Title
Greening Anthony B $1,800,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Bruce W $1,500,000
Previous Owner Greening Anthony B $500,000
Previous Owner Flannery Timothy $1,170,000
Previous Owner Flannery Timothy $600,000
Previous Owner Flannery Timothy $350,000
Previous Owner Flannery Timothy $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2014 11/10/14 Sold $1,825,000 0.0% $1,120 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/21/2014 07/21/14 Off Market $1,825,000 -- --
07/18/2014 07/18/14 Pending -- -- --
05/13/2014 05/13/14 Price Changed $1,995,000 -9.3% $1,225 / Sq Ft
02/10/2014 02/10/14 For Sale $2,200,000 -- $1,351 / 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 $57,339 $4,737,284 $1,922,961 $2,814,323
2024 $57,339 $4,644,397 $1,885,256 $2,759,141
2023 $57,853 $5,281,611 $1,848,291 $3,433,320
2022 $45,027 $4,212,046 $1,812,046 $2,400,000
2021 $41,972 $4,076,516 $1,776,516 $2,300,000
2020 $39,155 $3,558,301 $1,758,301 $1,800,000
2019 $25,008 $2,298,825 $1,723,825 $575,000
2018 $20,973 $1,927,683 $1,690,025 $237,658
2017 $20,632 $1,889,887 $1,656,888 $232,999
2016 $20,683 $1,852,831 $1,624,400 $228,431
2015 $20,348 $1,825,000 $1,600,000 $225,000
2014 $18,069 $1,622,000 $1,106,000 $516,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sharon Pelino

    Coldwell Banker Realty

    Section Image
  • J.R. Rouse

    Buyer's Agent in 2014

    J.R. Rouse

    Sotheby’s International Realty

    (831) 318-3808

    23 in this area

    47 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81404036

MLSListings

APN: 007-072-009-000

California Monterey County Pacific Grove 93950

1365 Pico Ave, Pacific Grove, CA

This home is located at 1365 Pico Ave, Pacific Grove, CA 93950 since 10 February 2014 and is currently estimated at $5,047,589, approximately $3,098 per square foot. This property was built in 1954. 1365 Pico 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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