NOT LISTED FOR SALE

1498 Pico Ave Pacific Grove, CA 93950

Estimated Value: $3,831,000 - $4,636,789

4 Beds
3 Baths
2,299 Sq Ft
$1,833/Sq Ft Est. Value

Last Sold November 28, 2013

Last sale price $1,450,000 $631 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $25,003/month

15 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Workshop
  • Robert Down Elementary School Rated A
  • Cape Cod Architecture
  • Breakfast Room

About This Home

As of November 2013

Rare opportunity, first time on the market.. Featuring spectacular views from nearly every room. Ideally located, this 3 bdrm/3 bath home boasts two master suites, desirable one story floor plan. The epitome of Pacific Grove living, this timeless beach retreat is nestled in the dunes on Asilomar beach. Large approx. 19,200 sf. lot overlooking the ocean. Open house Brunch Sat.19th 11-2

Last Agent to Sell the Property

Teri Fortino

Intero Real Estate Services License #01061765 Listed on: 10/15/2013

Intero Real Estate Services

Last Buyer's Agent

Peggy Jones

The Jones Group-Coast & Country Real Estate License #01299648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,543

Year Built

  • Built in 1949

Lot Details

  • Lot Sloped Down
  • Zoning described as r1

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2,299 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Workshop
  • Ocean Views
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 007-071-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,543

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod
  • Age: 64
  • Sale Price Per Sq Ft: 630.71
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 2299
  • Incorporated: Yes
  • Map Book Page: 73
  • Map Side Coordinate: 9
  • Map Top Coordinate: C
  • Thomas Bros Page: 73
  • Thomas Brothers: C9
  • Year Built: 1949
  • Zoning Description: r1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Room
  • Kitchen: Dishwasher
  • Living Sq Ft: 2299
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room
  • Flooring: Tile, Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Workshop
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tar and Gravel
  • View: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 007-071-004
  • List Price per Sq Ft: 608.53
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 19200.00
  • Lot Size Area Min Search: 19200.00
  • Maximum Lot Size: 19200.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 20, 2013
Sold by
Underwood Michael R
Bought by
Griffith Jon L and J L Griffith Trust
Seller's Agent
Teri Fortino
Intero Real Estate Services
Buyer's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
List Price
$1,399,000
Sold Price
$1,450,000
Premium/Discount to List
$51,000
3.65%
Current Estimated Value
$4,215,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,765,197
Avg. Annual Appreciation
7.95%
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
Griffith Jon L $1,450,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2013 11/28/13 Sold $1,450,000 +3.6% $631 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $1,399,000 -- $609 / 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 $30,543 $2,932,390 $1,777,497 $1,154,893
2024 $30,543 $2,874,894 $1,742,645 $1,132,249
2023 $30,882 $2,818,525 $1,708,476 $1,110,049
2022 $30,253 $2,763,261 $1,674,977 $1,088,284
2021 $30,099 $2,709,081 $1,642,135 $1,066,946
2020 $29,492 $2,681,303 $1,625,297 $1,056,006
2019 $28,549 $2,628,729 $1,593,429 $1,035,300
2018 $27,973 $2,577,186 $1,562,186 $1,015,000
2017 $24,060 $2,201,555 $1,531,555 $670,000
2016 $19,321 $1,726,525 $1,501,525 $225,000
2015 $16,549 $1,478,971 $1,121,978 $356,993
2014 $16,203 $103,375 $25,911 $77,464
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Teri Fortino

    Intero Real Estate Services

    Section Image
  • Peggy Jones

    Buyer's Agent in 2013

    Peggy Jones

    The Jones Group-Coast & Country Real Estate

    (831) 917-4534

    26 in this area

    45 Total Sales

    Peggy Jones
    Section Image
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Map

Source: MLSListings

MLS Number: ML81337830

MLSListings

APN: 007-071-004-000

California Monterey County Pacific Grove 93950

1498 Pico Ave, Pacific Grove, CA

This home is located at 1498 Pico Ave, Pacific Grove, CA 93950 since 15 October 2013 and is currently estimated at $4,215,197, approximately $1,833 per square foot. This property was built in 1949. 1498 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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