NOT LISTED FOR SALE

231 Cypress Ave Pacific Grove, CA 93950

Estimated Value: $2,002,000 - $2,093,000

2 Beds
2 Baths
1,475 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $1,750,000 $1,186 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,721/month

8 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Robert Down Elementary School Rated A
  • Craftsman Architecture
  • 4-minute walk to Caledonia Park

About This Home

As of July 2021

Stylish craftsman located in downtown Pacific Grove is perfect for full time living or a weekend getaway. The interior is highlighted with beautiful wood trim, custom kitchen & baths, cozy living room fireplace for those cooler evenings and large owners suite with balcony. French doors from the dining room lead to an inviting backyard, perfect for entertaining your guests or spending some private time alone. Lovers Point, Grove Market, local shops, and the Rec Trail are just minutes away. Fabulous setting in a convenient PG location.

Last Agent to Sell the Property

Arleen Hardenstein

Sotheby’s International Realty License #01710953 Listed on: 06/09/2021

Sotheby’s International Realty

Last Buyer's Agent

Christine Handel

Carmel Realty Company License #01375876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,405

Year Built

  • 1930

Lot Details

  • 3,001 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,475 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Garden Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Laundry in unit
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,405

Year Built

1930

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 91
  • Listing Class: Residential
  • Structure Sq Ft: 1475
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Bar, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Hood Over Range, Microwave, Oven - Built-In, Oven Range, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1475
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Stone, Tile, Tub In Primary Bedroom, Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Fireplace, Radiant, Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Robert Down Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 563
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0689
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3000.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Solar Power

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 19, 2021
Sold by
Serene Puppy Llc
Bought by
Athey Kevin and Athey Melinda
Seller's Agent
Arleen Hardenstein
Sotheby’s International Realty
Buyer's Agent
Christine Handel
Carmel Realty Company
List Price
$1,495,000
Sold Price
$1,750,000
Premium/Discount to List
$255,000
17.06%
Current Estimated Value
$2,038,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,016
Avg. Annual Appreciation
3.47%
Original Mortgage
$1,372,000
Outstanding Balance
$1,253,484
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$757,453

Purchase Details

Closed on
Jul 16, 2020
Sold by
Marshall Kenneth Lee
Bought by
Serene Puppy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,063
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 22, 2017
Sold by
Young Carrie D
Bought by
Marshall Kenneth Lee
Seller's Agent
J.R. Rouse
Sotheby’s International Realty
Buyer's Agent
Patrick Ryan
Sotheby’s International Realty
List Price
$1,249,000
Sold Price
$1,200,000
Premium/Discount to List
-$49,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$900,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 4, 2017
Sold by
Shaffer Mark F
Bought by
Marshall Kenneth Lee
Seller's Agent
J.R. Rouse
Sotheby’s International Realty
Buyer's Agent
Patrick Ryan
Sotheby’s International Realty
List Price
$1,249,000
Sold Price
$1,200,000
Premium/Discount to List
-$49,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Shaffer Mark F and Conlon Lynne
Bought by
Shaffer Mark F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Athey Kevin $1,750,000 Old Republic Title Company
Serene Puppy Llc -- Ticor Title Company
Marshall Kenneth Lee -- Old Republic Title Company
Marshall Kenneth Lee $1,200,000 Old Republic Title Company
Shaffer Mark F -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Athey Kevin $1,372,000
Previous Owner Serene Puppy Llc $858,063
Previous Owner Marshall Kenneth Lee $900,000
Previous Owner Shaffer Mark F $200,000
Previous Owner Shaffer Mark F $100,000
Previous Owner Shaffer Mark F $245,000
Previous Owner Shaffer Mark F $271,000
Previous Owner Shaffer Mark F $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $1,750,000 +17.1% $1,186 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $1,495,000 +24.6% $1,014 / Sq Ft
06/07/2017 06/07/17 Sold $1,200,000 -3.9% $731 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $1,249,000 -- $761 / 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 $19,405 $1,857,113 $1,114,268 $742,845
2024 $19,405 $1,820,700 $1,092,420 $728,280
2023 $19,640 $1,785,000 $1,071,000 $714,000
2022 $19,242 $1,750,000 $1,050,000 $700,000
2021 $14,387 $1,750,000 $1,050,000 $700,000
2020 $14,098 $1,273,449 $742,845 $530,604
2019 $13,650 $1,248,480 $728,280 $520,200
2018 $13,377 $1,224,000 $714,000 $510,000
2017 $4,594 $418,830 $224,070 $194,760
2016 $4,603 $410,619 $219,677 $190,942
2015 $4,529 $404,452 $216,378 $188,074
2014 $4,434 $396,530 $212,140 $184,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81848027

MLSListings

APN: 006-303-011