Seller's Agent in 2014
William Bluhm
Sotheby’s International Realty
(831) 372-7700
42 Total Sales
242 Lobos Ave Pacific Grove, CA 93950
Pacific Grove Area
6
Beds
4
Baths
2,173
Sq Ft
6,534
Sq Ft Lot
Highlights
- Neighborhood Views
- Floor Furnace
- Wall to Wall Carpet
- Robert Down Elementary School Rated A
- Level Lot
About This Home
As of February 2014This charming, historic home is located just two blocks to downtown and has unlimited potential. Two 1/1's, one 2/1 and a 2/1.5. Could be converted to a beautiful 3/2 owner unit with two 1/1 rentals. Situated on an oversized street-to-street lot with eclectic, mature greenery and a two car garage plus large bonus storage. 5% cap rate. Needs some TLC, but great opportunity. Bring your contractor!
Last Agent to Sell the Property
Sotheby’s International Realty License #01075634 Listed on: 05/15/2013
Property Details
Home Type
- Multi-Family
Year Built
- 1905
Lot Details
- 6,534
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,173 Sq Ft Home
- 2-Story Property
- Neighborhood Views
Kitchen
- Oven or Range
- Microwave
- Disposal
Flooring
- Wall to Wall Carpet
- Vinyl
Utilities
- Floor Furnace
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Within 50 Feet
Additional Features
- Energy-Efficient Insulation
- Level Lot
Listing and Financial Details
- Total Actual Rent $63,300
- The owner pays for electric, garbage, services - gardener/landscaping, gas, heating, hot water, water
Community Details
Overview
- 2,173 Sq Ft Building
Building Details
- Gardener Expense $600
- Insurance Expense $1,800
- Maintenance Expense $1,800
- Manager Expense $4,800
- Other Expense $600
- Utility Expense $2,490
- Trash Expense $840
- Operating Expense $25,546
- Gross Income $62,034
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
Listed on
May 15, 2013
Closed on
Feb 5, 2014
Sold by
Bought by
Seller's Agent
William Bluhm
Sotheby’s International Realty
Buyer's Agent
Ralph Lanham
Ralph Lanham, Broker
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%
Purchase Details
Closed on
Sep 23, 2004
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
$572,000
Interest Rate
0.0437%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $670,000 | Chicago Title Company | ||
| $880,000 | 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 | $587,000 | ||
| Previous Owner | $572,000 |
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 |
|---|---|---|---|---|
| 02/07/2014 02/07/14 | Sold | $670,000 | -10.7% | $308 / Sq Ft |
| 01/21/2014 01/21/14 | Pending | -- | -- | -- |
| 05/15/2013 05/15/13 | For Sale | $750,000 | -- | $345 / 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 | $8,823 | $837,321 | $612,928 | $224,393 |
| 2024 | $8,823 | $805,217 | $600,910 | $204,307 |
| 2023 | $8,991 | $789,429 | $589,128 | $200,301 |
| 2022 | $8,814 | $773,951 | $577,577 | $196,374 |
| 2021 | $8,772 | $758,776 | $566,252 | $192,524 |
| 2020 | $8,600 | $766,996 | $560,446 | $206,550 |
| 2019 | $8,332 | $752,271 | $549,457 | $202,814 |
| 2018 | $8,173 | $737,835 | $538,684 | $199,151 |
| 2017 | $8,045 | $723,682 | $528,122 | $195,560 |
| 2016 | $8,067 | $709,807 | $517,767 | $192,040 |
| 2015 | $7,940 | $699,386 | $509,990 | $189,396 |
| 2014 | $7,779 | $686,000 | $450,000 | $236,000 |
Source: Public Records
Agents Affiliated with this Home
-
William Bluhm
-
Ralph Lanham
R
Buyer's Agent in 2014
Ralph Lanham
Ralph Lanham, Broker
(408) 480-7161
Map
Source: MLSListings
MLS Number: ML81316734
APN: 006-301-006
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