NOT LISTED FOR SALE

227 Cypress Ave Pacific Grove, CA 93950

Estimated Value: $1,058,714 - $1,326,000

2 Beds
1 Bath
1,051 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $850,000 $809 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,779/month

26 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attic
  • Robert Down Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Caledonia Park

About This Home

As of December 2021

INCREDIBLE DEAL!! Prime, and perfect, P.G. location with both convenience and "surprising privacy". This home is waiting for you to revive "1909" history 'n charm. Hardwood floors/beams downstairs. Both bedroom and good size kitchen open onto newer backyd deck. Lg bdrm has walk-in closet w/slider into yard. Laundry rm is adjacent to bdrm closet in attached garage (w/peaked-roof). Lg upstairs bdrm has fireplace, built-ins, and surrounding windows. Perched up, and private, sit by fireplace and take in the surrounding views of small-town rooftops, peek of Bay, the lone-Cypress or Tower clock of City Hall. Fenced backyard w/gated side. Mature jasmine, and perennials, add privacy 'n beauty. Located one block above Lighthouse Esplanade. Around corner is Toasties 4 breakfast and Passion Fish 4 dinner. Take a short stroll to the beach or Lovers' Point. Enjoy nearby"walking/bike" trail, along the Asilomar Coastline, to the Aquarium or Fisherman's Wharf. Home has been a rental for several years.

Last Agent to Sell the Property

Wendy Loren

Monterey Coast Realty License #01030054 Listed on: 09/29/2021

Last Buyer's Agent

Wendy Loren

Monterey Coast Realty License #01030054 Listed on: 09/29/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1909

Lot Details

  • 2,400 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,051 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Mud Room
  • Dining Room
  • Neighborhood Views
  • Electric Oven
  • Laundry in Garage
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Loft Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • 220 Volts

Home Details

Home Type

Single Family

Year Built

1909

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1051
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1909

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Informal Dining Room
  • Kitchen: 220 Volt Outlet, Oven - Electric, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1051
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Loft Bedroom
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Attic, Mud Room
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor

Exterior Features

  • Roof: Rolled Composition
  • View: Neighborhood
  • Yard/Grounds: Deck, Fenced
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0551
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2400.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 27, 2021
Sold by
Chen Leo Yi Chun and Chen Ronald Vicent
Bought by
Leo Yi Chun Chen Revocable Trust and Ronald Vincent Chen Trust
Seller's Agent
Wendy Loren
Monterey Coast Realty
Buyer's Agent
Wendy Loren
Monterey Coast Realty
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%
Current Estimated Value
$1,157,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,429
Avg. Annual Appreciation
7.74%
Original Mortgage
$680,000
Outstanding Balance
$621,374
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$536,055

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 20, 2021
Sold by
Finn Rose Leah
Bought by
Chen Leo Yi Chun and Chen Ronald Vincent
Seller's Agent
Wendy Loren
Monterey Coast Realty
Buyer's Agent
Wendy Loren
Monterey Coast Realty
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$621,374
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$536,055
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
Leo Yi Chun Chen Revocable Trust -- None Listed On Document
Chen Leo Yi Chun $850,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Leo Yi Chun $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $850,000 -14.6% $809 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $995,000 -17.1% $947 / Sq Ft
09/29/2021 09/29/21 For Sale $1,200,000 -- $1,142 / 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 $9,446 $902,026 $530,604 $371,422
2024 $9,446 $884,340 $520,200 $364,140
2023 $9,560 $867,000 $510,000 $357,000
2022 $9,366 $850,000 $500,000 $350,000
2021 $4,929 $850,000 $500,000 $350,000
2020 $4,831 $433,039 $397,288 $35,751
2019 $4,678 $424,549 $389,499 $35,050
2018 $4,586 $416,225 $381,862 $34,363
2017 $4,512 $408,065 $374,375 $33,690
2016 $4,522 $400,065 $367,035 $33,030
2015 $4,449 $394,056 $361,522 $32,534
2014 $4,357 $386,338 $354,441 $31,897
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Wendy Loren

    Monterey Coast Realty

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Map

Source: MLSListings

MLS Number: ML81864749

MLSListings

APN: 006-303-012-000

California Monterey County Pacific Grove 93950

227 Cypress Ave, Pacific Grove, CA

Not Listed for Sale

Detached

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