NOT LISTED FOR SALE

159 Pacific Ave Pacific Grove, CA 93950

Estimated Value: $872,804 - $1,023,000

1 Bed
1 Bath
528 Sq Ft
$1,820/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $560,000 $1,061 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,525/month

19 Days on Market

Highlights

  • Cottage
  • Eat-In Kitchen
  • Level Lot
  • Robert Down Elementary School Rated A
  • Forced Air Heating System
  • 2-minute walk to Caledonia Park

About This Home

As of January 2016

Adorable bungalow cottage in Pacific Grove's coveted beach Tract. Located just one block from Lovers Point Beach. Easy walk to everything; beach, town, park, restaurants, post office and hiking path to Cannery Row and Aquarium. Possible room to build a garage (buyer to verify).

Last Agent to Sell the Property

Jeanne Osio

Coldwell Banker Realty License #01147233 Listed on: 11/17/2015

Coldwell Banker Realty

Last Buyer's Agent

Jeannie Ferrara

Shankle Real Estate License #01464647

Shankle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • Level Lot
  • Zoning described as R1

Home Design

  • Cottage
  • Bungalow
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet

Parking

  • 1 Parking Space
  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-143-007-000

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

1,525 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Cottage
  • Listing Class: Residential
  • Structure Sq Ft: 528
  • Incorporated: Yes
  • Year Built: 1927
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Laminate, Dishwasher, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 528
  • Stories: 1
  • Laundry: Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: No Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas, Gas
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Schools

  • High School: 560

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 006-143-007-000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1520.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1520.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 19, 2016
Sold by
Meador Daniel C and Nicolini Denise A
Bought by
The Declaration Of Trust Of Peter Warren
Seller's Agent
Jeanne Osio
Coldwell Banker Realty
Buyer's Agent
Jeannie Ferrara
Shankle Real Estate
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Current Estimated Value
$961,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,201
Avg. Annual Appreciation
5.49%

Purchase Details

Listed on
Jan 15, 2014
Closed on
Mar 5, 2014
Sold by
Charming Pg Cottage Llc
Bought by
Meador Daniel C and Nicolini Denise A
Seller's Agent
Wendy Loren
Alain Pinel Realtors
Buyer's Agent
Jeanne Osio
Coldwell Banker Realty
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$360,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2010
Sold by
Nadim Mudhaffar M and Nadim Sandra L
Bought by
Charming Pg Cottage Llc

Purchase Details

Closed on
Oct 19, 2009
Sold by
Nadim Mudhaffar M and Nadim Sandra L
Bought by
Nadim Mudhaffar M and Nadim Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1999
Sold by
Mcniece Michael K and Highland Joan
Bought by
Nadim Mark M and Nadim Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.87%
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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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
The Declaration Of Trust Of Peter Warren $560,000 Old Republic Title Company
Meador Daniel C $450,000 Chicago Title Company
Charming Pg Cottage Llc -- None Available
Nadim Mudhaffar M -- First American Title
Nadim Mark M $232,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meador Daniel C $360,000
Previous Owner Nadim Mudhaffar M $160,000
Previous Owner Nadim Mark M $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2016 01/26/16 Sold $560,000 -6.5% $1,061 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
11/30/2015 11/30/15 Price Changed $599,000 -4.2% $1,134 / Sq Ft
11/17/2015 11/17/15 For Sale $625,000 +38.9% $1,184 / Sq Ft
03/28/2014 03/28/14 Sold $450,000 -6.1% $852 / Sq Ft View Prior Sale
01/30/2014 01/30/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $479,000 -- $907 / 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 $6,953 $662,919 $532,705 $130,214
2024 $6,953 $649,921 $522,260 $127,661
2023 $7,047 $637,178 $512,020 $125,158
2022 $6,904 $624,685 $501,981 $122,704
2021 $6,869 $612,438 $492,139 $120,299
2020 $6,731 $606,159 $487,093 $119,066
2019 $6,517 $594,275 $477,543 $116,732
2018 $6,388 $582,624 $468,180 $114,444
2017 $6,285 $571,200 $459,000 $112,200
2016 $5,255 $465,989 $388,325 $77,664
2015 $5,170 $458,990 $382,492 $76,498
2014 $3,306 $291,496 $269,561 $21,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81522835

MLSListings

APN: 006-143-007-000

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