NOT LISTED FOR SALE

203 Cedar St Pacific Grove, CA 93950

Estimated Value: $1,848,000 - $2,288,005

4 Beds
4 Baths
2,656 Sq Ft
$786/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $1,475,000 $555 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $12,763/month

17 Days on Market

Highlights

  • Bay View
  • Craftsman Architecture
  • 2 Car Detached Garage
  • Robert Down Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Caledonia Park

About This Home

As of October 2020

Craftsman duplex with tremendous curb appeal and superb location. Five short blocks to town, shopping, restaurants and the recreation trail is just a little further. Each unit has two bedrooms and a full bath upstairs and all living areas plus half bath and laundry room on the main level. There is a peek of the bay, a 2 car garage, backyard and separate utility meters.

Last Agent to Sell the Property

Joy Welch

Coldwell Banker Realty License #00902236 Listed on: 09/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Phil Billiet

Avior Real Estate License #01218829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,698

Year Built

  • 1920

Lot Details

  • 4,500 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Bay Views
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $55,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $840
  • Insurance Expense $1,550
  • Maintenance Expense $2,000
  • Utility Expense $1,200
  • Trash Expense $1,800
  • Operating Expense $16,390
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,698

Year Built

1920

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-4
  • Subclass: Duplex
  • Style: Craftsman
  • Age: 100
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2656
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2656
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Back Yard

Garage/Parking

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

Utilities

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

Schools

  • School District: Pacific Grove Unified
  • High School: Pacific Grove High
  • High School: 560

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

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month
  • Gross Rent Multiplier: 27.08
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1550
  • Expense Landscape: 840
  • Expense Maintenance: 2000
  • Expenses Total: 16390
  • Expenses Utility: 1200
  • Expense Trash: 1800
  • Income Annual Gross: 55200.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 13, 2020
Sold by
Hiscock Charles and Hiscock Erlinda
Bought by
Chaidez Joshua and Chaidez Mia
Seller's Agent
Joy Welch
Coldwell Banker Realty
Buyer's Agent
Phil Billiet
Avior Real Estate
List Price
$1,495,000
Sold Price
$1,475,000
Premium/Discount to List
-$20,000
-1.34%
Current Estimated Value
$2,087,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,001
Avg. Annual Appreciation
7.36%
Original Mortgage
$870,000
Outstanding Balance
$775,941
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,304,389

Purchase Details

Closed on
Nov 13, 2019
Sold by
Hiscock Charles Martien
Bought by
Hiscock Charles and Hiscock Erlinda

Purchase Details

Closed on
Jul 24, 2014
Sold by
Hoxworth Hiscock Iii Roy Burnett and Hoxworth Harding Charles
Bought by
Hiscock Charles Martin

Purchase Details

Closed on
Apr 28, 2004
Sold by
Brelje Brian
Bought by
Hiscock Florence Harding and Florence Harding Hiscock Trust
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
Chaidez Joshua $1,475,000 Chicago Title Company
Hiscock Charles -- None Available
Hiscock Charles Martin -- First American Title Company
Hiscock Florence Harding -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaidez Joshua $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $1,475,000 -1.3% $555 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,495,000 0.0% $563 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $1,495,000 -- $563 / 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 $16,698 $1,596,585 $974,188 $622,397
2024 $16,698 $1,565,281 $955,087 $610,194
2023 $16,898 $1,534,590 $936,360 $598,230
2022 $16,556 $1,504,500 $918,000 $586,500
2021 $16,472 $1,475,000 $900,000 $575,000
2020 $9,163 $824,199 $549,467 $274,732
2019 $8,872 $808,040 $538,694 $269,346
2018 $8,696 $792,197 $528,132 $264,065
2017 $8,555 $776,665 $517,777 $258,888
2016 $8,576 $761,437 $507,625 $253,812
2015 $8,438 $750,000 $500,000 $250,000
2014 $3,280 $285,721 $94,378 $191,343
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
  • Phil Billiet

    Buyer's Agent in 2020

    Phil Billiet

    Avior Real Estate

    (650) 906-6969

    1 in this area

    53 Total Sales

    Phil Billiet
    Section Image

  • A

    Buyer's Agent in 2020

    Apryl Shaleen

See All Agents

Map

Source: MLSListings

MLS Number: ML81808675

MLSListings

APN: 006-312-001-000

California Monterey County Pacific Grove 93950

203 Cedar St, Pacific Grove, CA

This home is located at 203 Cedar St, Pacific Grove, CA 93950 since 01 September 2020 and is currently estimated at $2,087,001, approximately $785 per square foot. This property was built in 1920. 203 Cedar St 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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