NOT LISTED FOR SALE

Estimated Value: $1,250,000 - $1,674,379

3 Beds
4 Baths
1,069 Sq Ft
$1,284/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2020

Last sale price $980,000 $917 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,383 / mo

20 Days on Market

Highlights

  • Post and Beam
  • Washer and Dryer
  • Carpet
  • Robert Down Elementary School Rated A
  • Level Lot
  • 5-minute walk to Caledonia Park

About This Home

As of October 2020

Location, Location, Location!~ 2 PG cottages on one lot (Duplex) only a 1/2 block to downtown Pacific Grove. Unit 225 is a 1 bedroom, 1 bath and Unit 227 is a 2 bedroom, 1 bath + laundry. There is off street parking for one car and separate yards for each unit. There are separate gas and water meters for each unit recently done by current owner. Take a stroll to Lovers Point in minutes or a ride on the rec trail and enjoy the outdoors.

Last Agent to Sell the Property

Annette Boggs

Coldwell Banker Realty License #01317801 Listed on: 08/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Placida De Perio

Placida DePerio, Broker License #00986292

Property Details

Home Type

  • Multi-Family

Year Built

  • 1927

Lot Details

  • 3,598 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Post and Beam
  • Cottage
  • Composition Roof

Interior Spaces

  • 1,069 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $50,400

Community Details

Overview

  • 1,069 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $805
  • Manager Expense $4,914
  • Operating Expense $15,075
  • Gross Income $47,880

Property Details

Home Type

Multi-Family

Year Built

1927

Lot Details

3,598 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Style: Cottage
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1069
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 1069
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Post And Beam
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 560

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0826
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3600.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.74
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 805
  • Expense Landscape: 2400
  • Expense Management: 4914
  • Expenses Total: 15075
  • Income Annual Gross: 47880.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Fee - Rent/Lease, Insurance, Services - Gardener, Services - Sewer, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Bought by
Current Estimated Value
$1,372,595

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 12, 2020
Sold by
Bought by
Seller's Agent
Annette Boggs
Coldwell Banker Realty
Buyer's Agent
Placida De Perio
Placida DePerio, Broker
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$686,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2019
Closed on
Jul 25, 2019
Sold by
Bought by
Seller's Agent
J.R. Rouse
Intero Real Estate Services
Buyer's Agent
Annette Boggs
Coldwell Banker Realty
List Price
$829,000
Sold Price
$730,000
Premium/Discount to List
-$99,000
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.82%
Original Mortgage
$547,500
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2014
Closed on
Jul 11, 2014
Sold by
Bought by
Seller's Agent
Traci Thiercof
Golden Gate Sotheby's
Buyer's Agent
Deane Ramoni
Sotheby’s International Realty
List Price
$669,000
Sold Price
$587,000
Premium/Discount to List
-$82,000
-12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$287,000
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
0.0515%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$980,000 Old Republic Title Company
$730,000 Old Republic Title Company
$587,000 Chicago Title Company
$659,000 Stewart Title
$210,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $686,000
Previous Owner $547,500
Previous Owner $287,000
Previous Owner $394,000
Previous Owner $173,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $980,000 -1.5% $917 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $995,000 +36.3% $931 / Sq Ft
08/09/2019 08/09/19 Sold $730,000 -2.5% $683 / Sq Ft View Prior Sale
07/10/2019 07/10/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $749,000 -6.3% $701 / Sq Ft
06/02/2019 06/02/19 Price Changed $799,000 -3.6% $747 / Sq Ft
05/26/2019 05/26/19 For Sale $829,000 0.0% $775 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $829,000 -2.4% $775 / Sq Ft
04/04/2019 04/04/19 Price Changed $849,000 -5.6% $794 / Sq Ft
03/03/2019 03/03/19 Price Changed $899,000 -1.2% $841 / Sq Ft
01/19/2019 01/19/19 For Sale $910,000 +55.0% $851 / Sq Ft
07/17/2014 07/17/14 Sold $587,000 -12.3% $554 / Sq Ft View Prior Sale
06/18/2014 06/18/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $669,000 -- $631 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,111 $1,060,781 $757,701 $303,080
2024 $11,111 $1,039,983 $742,845 $297,138
2023 $11,254 $1,019,592 $728,280 $291,312
2022 $11,026 $999,600 $714,000 $285,600
2021 $10,970 $980,000 $700,000 $280,000
2020 $8,116 $730,000 $550,000 $180,000
2019 $6,956 $632,425 $484,824 $147,601
2018 $6,819 $620,025 $475,318 $144,707
2017 $6,708 $607,869 $465,999 $141,870
2016 $6,725 $595,951 $456,862 $139,089
2015 $6,616 $587,000 $450,000 $137,000
2014 $6,750 $600,000 $450,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81806029

MLSListings

APN: 006-293-017-000

Your Personal Tour Guide

Ask me questions while you tour the home.