NOT LISTED FOR SALE

202 Lobos Ave Pacific Grove, CA 93950

Estimated Value: $2,362,000 - $2,759,009

5 Beds
4.5 Baths
2,795 Sq Ft
$934/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $1,750,000 $626 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $15,485/month

143 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Robert Down Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Caledonia Park

About This Home

As of August 2020

SELLER MOTIVATED! Modern-day convenience make this elegant 5 bedroom/4.5 bath home a sanctuary! High ceilings, crown molding, vintage fixtures are a few of the delights! Updated kitchen and baths, 4 bedrooms are en suites, 2 large main floor master suites, 3 fireplaces, tranquil patio, two car garage, separate carriage house, and a secret wine cellar used during prohibition! The restored home has updated electrical and plumbing, newer roof, recent interior/exterior paint while keeping its beautiful detailing with modern day conveniences. The recipient of a Heritage House Award, it is one of Pacific Grove's most celebrated homes with peeks of the ocean - a short distance from downtown and the beach! Host your large family gatherings in the gracious style of bygone eras. Endless possibilities!

Last Agent to Sell the Property

Tenley Baxter

Sotheby’s International Realty License #01755293 Listed on: 02/19/2020

Last Buyer's Agent

Dean Provence

Shankle Real Estate License #00833476

Shankle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,793

Year Built

  • 1890

Lot Details

  • 4,500

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Composition Roof

Interior Spaces

  • 2,795 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • 4,500 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,793

Year Built

1890

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-4
  • Subclass: Single Family Home
  • Age: 130
  • Listing Class: Residential
  • Structure Sq Ft: 2795
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2795
  • Stories: 2
  • Bedrooms: Primary Suite / Retreate - 2+, More Than One Primary Bedroom On Ground Floor, Walk-In Closet
  • Additional Rooms: Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition
  • View: Neighborhood, Ocean

Garage/Parking

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

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.1033
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Aug 1, 2020
Sold by
Rivers Edge Rv Red Bluff Llc
Bought by
Smith Ian O and Witt Leslie R
Seller's Agent
Tenley Baxter
Sotheby’s International Realty
Buyer's Agent
Dean Provence
Shankle Real Estate
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,609,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,752
Avg. Annual Appreciation
7.99%
Original Mortgage
$1,400,000
Outstanding Balance
$1,230,093
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,379,659

Purchase Details

Listed on
Feb 19, 2020
Closed on
Jul 29, 2020
Sold by
Hill Jeremy A and Hill Leah P
Bought by
Rivers Edge Rv Red Bluff Llc
Seller's Agent
Tenley Baxter
Sotheby’s International Realty
Buyer's Agent
Dean Provence
Shankle Real Estate
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,230,093
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,379,659

Purchase Details

Closed on
Sep 25, 2017
Sold by
Lh Dvm Properties Llc
Bought by
Hill Jeremy A and Hill Leah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 17, 2016
Closed on
Feb 14, 2017
Sold by
Kloss Barbara L
Bought by
Lh Dvm Properties Llc
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Mark Kavanaugh
Montgomery Company
List Price
$1,795,000
Sold Price
$1,350,000
Premium/Discount to List
-$445,000
-24.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$945,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2003
Sold by
Dease Robert G and Dease Norma A
Bought by
Dease Robert G and Dease Norma A
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
Smith Ian O $1,750,000 Old Republic Title Company
Rivers Edge Rv Red Bluff Llc -- Old Republic Title Company
Hill Jeremy A -- Chicago Title Company
Lh Dvm Properties Llc $1,350,000 Chicago Title Company
Dease Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ian O $1,400,000
Previous Owner Hill Jeremy A $945,000
Previous Owner Lh Dvm Properties Llc $945,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $1,750,000 0.0% $626 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,750,000 0.0% $626 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/13/2020 06/13/20 Price Changed $1,750,000 -7.9% $626 / Sq Ft
05/19/2020 05/19/20 Price Changed $1,899,999 -4.4% $680 / Sq Ft
02/28/2020 02/28/20 Price Changed $1,988,000 -5.3% $711 / Sq Ft
02/19/2020 02/19/20 For Sale $2,100,000 +55.6% $751 / Sq Ft
02/23/2017 02/23/17 Sold $1,350,000 -4.9% $483 / Sq Ft View Prior Sale
01/25/2017 01/25/17 Pending -- -- --
11/01/2016 11/01/16 Price Changed $1,420,000 -5.0% $508 / Sq Ft
09/20/2016 09/20/16 Price Changed $1,495,000 -9.1% $535 / Sq Ft
08/10/2016 08/10/16 Price Changed $1,645,000 -8.4% $589 / Sq Ft
06/17/2016 06/17/16 For Sale $1,795,000 -- $642 / 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 $19,793 $1,894,254 $974,188 $920,066
2024 $19,793 $1,857,113 $955,087 $902,026
2023 $20,066 $1,820,700 $936,360 $884,340
2022 $19,660 $1,785,000 $918,000 $867,000
2021 $19,560 $1,750,000 $900,000 $850,000
2020 $15,880 $1,432,630 $742,845 $689,785
2019 $15,376 $1,404,540 $728,280 $676,260
2018 $15,069 $1,377,000 $714,000 $663,000
2017 $5,539 $495,504 $148,422 $347,082
2016 $5,474 $485,789 $145,512 $340,277
2015 $5,386 $478,493 $143,327 $335,166
2014 $5,273 $469,121 $140,520 $328,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81783166

MLSListings

APN: 006-315-002-000