NOT LISTED FOR SALE

227 Walnut St Pacific Grove, CA 93950

Estimated Value: $1,253,000 - $1,416,000

2 Beds
1 Bath
1,200 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $650,000 $542 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,761/month

117 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Formal Entry
  • Robert Down Elementary School Rated A
  • Formal Dining Room
  • 4-minute walk to George Washington Park

About This Home

As of June 2017

This two-story 1920's bungalow is sited just a block from Lighthouse Avenue and is a short stroll down to Monterey Bay and into quaint downtown Pacific Grove. There are refinished oak hardwood floors in the spacious entry, dining room, and kitchen. Kitchen and bath updates feature light wood cabinetry and tile counters. Both bedrooms and updated bath are upstairs. There is even a one-car detached garage and a small yard.

Last Agent to Sell the Property

Maureen Mason

Sotheby’s International Realty License #00977430 Listed on: 01/17/2017

Last Buyer's Agent

Nicholas Tortorelli

Coldwell Banker Realty License #01925692

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,907

Year Built

  • Built in 1920

Lot Details

  • 2,919 Sq Ft Lot
  • Mostly Level
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-345-011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,907

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 97
  • Listing Class: Residential
  • Structure Sq Ft: 1200
  • Year Built: 1920
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1200
  • Stories: 2
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-345-011-000
  • Lot Acres: 0.0670
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2900.00

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jun 18, 2017
Sold by
Sacauskis Michael John
Bought by
Shah Pakhtun and Shah Eileen M Christl
Seller's Agent
Maureen Mason
Sotheby’s International Realty
Buyer's Agent
Nicholas Tortorelli
Coldwell Banker Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,339,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,429
Avg. Annual Appreciation
9.09%
Original Mortgage
$582,010
Outstanding Balance
$477,058
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$862,371

Purchase Details

Closed on
Oct 4, 2012
Sold by
Sacauskis Michael John
Bought by
Sacauskis Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2012
Sold by
Sacauskis Michael John
Bought by
Sacauskis Michael John and Michael Sacauskis Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
Sacauskis Michael
Bought by
Sacauskis Michael John and The Michael Sacauskis Living Trust

Purchase Details

Closed on
Oct 15, 1996
Sold by
Perron Vickie
Bought by
Sacauskis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,300
Interest Rate
3.95%
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
Shah Pakhtun $650,000 Chicago Title Company
Sacauskis Michael John -- Advantage Title Inc
Sacauskis Michael John -- Advantage Title Inc
Sacauskis Michael John -- None Available
Sacauskis Michael $243,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Pakhtun $582,010
Previous Owner Sacauskis Michael John $240,000
Previous Owner Sacauskis Michael $194,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $650,000 -3.7% $542 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
05/05/2017 05/05/17 Price Changed $675,000 -3.4% $563 / Sq Ft
05/05/2017 05/05/17 For Sale $699,000 0.0% $583 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $699,000 0.0% $583 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/21/2017 02/21/17 Price Changed $699,000 -4.8% $583 / Sq Ft
01/17/2017 01/17/17 For Sale $734,500 -- $612 / 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 $7,907 $754,377 $580,292 $174,085
2024 $7,907 $739,586 $568,914 $170,672
2023 $8,024 $725,085 $557,759 $167,326
2022 $7,862 $710,869 $546,823 $164,046
2021 $7,981 $696,931 $536,101 $160,830
2020 $7,665 $689,785 $530,604 $159,181
2019 $8,052 $676,260 $520,200 $156,060
2018 $7,275 $663,000 $510,000 $153,000
2017 $3,784 $339,586 $245,573 $94,013
2016 $3,792 $332,928 $240,758 $92,170
2015 $3,732 $327,928 $237,142 $90,786
2014 $3,655 $321,505 $232,497 $89,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81635481

MLSListings

APN: 006-345-011-000