NOT LISTED FOR SALE

1398 Pico Ave Pacific Grove, CA 93950

Estimated Value: $2,897,207 - $3,523,000

3 Beds
3 Baths
1,638 Sq Ft
$2,033/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $2,295,000 $1,401 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $20,276/month

140 Days on Market

Highlights

  • Ocean View
  • 0.84 Acre Lot
  • 1 Car Attached Garage
  • Robert Down Elementary School Rated A
  • Deck
  • Double Pane Windows

About This Home

As of July 2020

This Asilomar dunes home is located a short distance above Sunset Drive. There are expansive whitewater ocean views and beautiful sunsets, without the traffic of a front line property. Ocean views from all but one room. The family and living room feature vaulted wood ceilings and the living room has a wood burning masonry fireplace. Three bedrooms and three baths are in this home of 1638 square feet and a .84 acre lot. One the ocean side of the kitchen, dining and living room is a large slate viewing deck. Drive up to this home and experience the ocean views, sunsets and wildlife and you may never want to leave.

Last Agent to Sell the Property

Joy Welch

Coldwell Banker Realty License #00902236 Listed on: 01/27/2020

Coldwell Banker Realty

Last Buyer's Agent

Bambace Peterson

Compass License #70010145

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,944

Year Built

  • 1951

Lot Details

  • 0.84

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating System
  • Septic Tank

Additional Features

  • Deck
  • 0.84 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,944

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Zoning: r-1 b-4
  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1638
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Ceramic, Dishwasher, Hookups - Gas, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1638
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Stall Shower - 2+, Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.8402
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 36600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 36600.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2020
Sold by
Divita Edward Lee and Divita Julie Alice
Bought by
Divita Edward Lee and Divita Julie Alice
Current Estimated Value
$3,330,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,836,000
Outstanding Balance
$1,637,502
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,587,004

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jul 16, 2020
Sold by
Redgwick Donald A and Shankman Karen
Bought by
Divita Edward Lee and Divita Julie Alice
Seller's Agent
Joy Welch
Coldwell Banker Realty
Buyer's Agent
Bambace Peterson
Compass
List Price
$2,295,000
Sold Price
$2,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Johns Frank M and Nichols Lestelle
Bought by
Redgwick Donald A and Redgwick Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.5%

Purchase Details

Closed on
Jan 20, 1999
Sold by
Johns Frank M
Bought by
Nichols Lestelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Johns Frank M
Bought by
Nichols Lestelle
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
Divita Edward Lee -- Chicago Title Company
Divita Edward Lee $2,295,000 Chicago Title Company
Redgwick Donald A -- First American Title
Nichols Lestelle -- --
Johns Frank M -- --
Nichols Lestelle -- --
Johns Frank M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divita Edward Lee $1,836,000
Previous Owner Redgwick Donald A $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $2,295,000 0.0% $1,401 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $2,295,000 -- $1,401 / 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 $25,944 $2,484,179 $1,948,377 $535,802
2024 $25,944 $2,435,471 $1,910,174 $525,297
2023 $26,206 $2,387,718 $1,872,720 $514,998
2022 $25,674 $2,340,900 $1,836,000 $504,900
2021 $25,543 $2,295,000 $1,800,000 $495,000
2020 $12,571 $1,136,692 $957,582 $179,110
2019 $12,095 $1,114,405 $938,806 $175,599
2018 $11,852 $1,092,555 $920,399 $172,156
2017 $11,658 $1,071,133 $902,352 $168,781
2016 $11,685 $1,050,131 $884,659 $165,472
2015 $11,495 $1,034,358 $871,371 $162,987
2014 $11,253 $1,014,098 $854,303 $159,795
Source: Public Records

Agents Affiliated with this Home

  • Joy Welch

    Seller's Agent in 2020

    Joy Welch

    Coldwell Banker Realty

    (831) 214-0105

    8 in this area

    21 Total Sales

    Joy Welch
    Section Image
  • Bambace Peterson

    Buyer's Agent in 2020

    Bambace Peterson

    Compass

    (831) 200-3178

    17 in this area

    182 Total Sales

    Bambace Peterson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81796756

MLSListings

APN: 007-061-019-000

California Monterey County Pacific Grove 93950

1398 Pico Ave, Pacific Grove, CA

This home is located at 1398 Pico Ave, Pacific Grove, CA 93950 since 27 January 2020 and is currently estimated at $3,330,802, approximately $2,033 per square foot. This property was built in 1951. 1398 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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