NOT LISTED FOR SALE

220 17th St Pacific Grove, CA 93950

Estimated Value: $861,247

1 Bed
2 Baths
1,046 Sq Ft
$823/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $850,000 $813 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,399/month

138 Days on Market

Highlights

  • City View
  • Wood Flooring
  • High Ceiling
  • Robert Down Elementary School Rated A
  • Victorian Architecture
  • 5-minute walk to Caledonia Park

About This Home

As of March 2024

This is a charming Victorian, in the heart of the quaint town of Pacific Grove. This income opportunity is a four-plex with two commercial units and two residential units. Enjoy a small shared backyard, nice for an intimate barbeque or small gathering. Walk to beach, shopping, movie theater, restaurants, and bus stop.

Last Agent to Sell the Property

Julie Davis

Coldwell Banker Realty License #00930161 Listed on: 10/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Julie Davis

Coldwell Banker Realty License #00930161 Listed on: 10/10/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,543

Year Built

  • 1952

Lot Details

  • 1,799 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Victorian Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,046 Sq Ft Home
  • High Ceiling
  • Skylights
  • City Views
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Electric Cooktop
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Barbecue Area

Listing and Financial Details

  • Total Actual Rent $53,100

Community Details

Overview

  • 1,046 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $2,433
  • Maintenance Expense $3,301
  • Other Expense $1,440
  • Utility Expense $3,467
  • Trash Expense $815
  • Operating Expense $19,186
  • Gross Income $53,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,543

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: Stores and offices
  • Subclass: Fourplex
  • Style: Victorian
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1046
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1952

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Oven Range - Gas
  • Living Sq Ft: 1046
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: City
  • Yard/Grounds: Bbq Area
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: No Garage, No Parking, On Street

Utilities

  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0413
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1800.00

Green Features

  • Energy Features: Skylight

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.13
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2433
  • Expense Maintenance: 3301
  • Expenses Other: 1440
  • Expenses Total: 19186
  • Expenses Utility: 3467
  • Expense Trash: 815
  • Income Annual Gross: 53100.00
  • Income Annual Rental: 53100
  • Income Gross Scheduled: 53100
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Mar 22, 2024
Sold by
Krakower Family Trust and Krakower David
Bought by
Richard E Scott And Ann Rademacher Scott Fami and Scott
Seller's Agent
Julie Davis
Coldwell Banker Realty
Buyer's Agent
Julie Davis
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%
Views
222
Current Estimated Value
$861,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,247
Avg. Annual Appreciation
1.01%

Purchase Details

Closed on
Jan 2, 2015
Sold by
Masteller Irene G
Bought by
Krakower Family Trust

Purchase Details

Closed on
Nov 28, 2007
Sold by
Bay Autumn H
Bought by
Masteller Irene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,350
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2004
Sold by
Londono Osman
Bought by
Bay Autumn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2003
Sold by
Blackman Autumn Heather and Estate Of Sirrah Harris
Bought by
Blackman Autumn Heather and Bay Autumn Heather
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richard E Scott And Ann Rademacher Scott Fami $850,000 Chicago Title
Krakower Family Trust $597,000 Old Republic Title Company
Masteller Irene G $590,000 Chicago Title Company
Bay Autumn H -- Chicago Title Company
Bay Autumn H -- Old Republic Title
Blackman Autumn Heather -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masteller Irene G $442,350
Previous Owner Bay Autumn H $250,000
Previous Owner Bay Autumn H $250,000
Previous Owner Harris Sirrah $190,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $850,000 -27.7% $813 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
11/18/2023 11/18/23 Price Changed $1,175,000 -2.1% $1,123 / Sq Ft
10/10/2023 10/10/23 For Sale $1,200,000 -- $1,147 / 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 $7,543 $867,000 $612,000 $255,000
2024 $7,543 $850,000 $600,000 $250,000
2023 $7,730 $689,520 $473,620 $215,900
2022 $7,576 $676,001 $464,334 $211,667
2021 $7,539 $662,747 $455,230 $207,517
2020 $7,390 $655,953 $450,563 $205,390
2019 $7,159 $643,092 $441,729 $201,363
2018 $7,018 $630,483 $433,068 $197,415
2017 $6,907 $618,122 $424,577 $193,545
2016 $6,923 $606,002 $416,252 $189,750
2015 $7,319 $644,597 $546,456 $98,141
2014 $7,390 $631,971 $535,752 $96,219
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81944556

MLSListings

APN: 006-293-010-000