NOT LISTED FOR SALE

243 Locust St Pacific Grove, CA 93950

Estimated Value: $1,092,222 - $1,339,000

2 Beds
2 Baths
787 Sq Ft
$1,571/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $625,000 $794 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,223/month

68 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Eat-In Kitchen
  • Robert Down Elementary School Rated A
  • Cottage
  • 4-minute walk to George Washington Park

About This Home

As of December 2013

Gorgeous 2 bdrm 2 bath, completely renovated thru out charmer with oversized 2 car garage that can also house an art studio or workshop! Spacious kitch. w/ custom cabinets, granite and stainless steel appliances! Inside laundry, Refinished hardwood floors, new baths, windows, insulation, roof, electrical & plumbing, paver driveway, walkways & patio. Awesome location on quiet st walk to downtown!

Last Agent to Sell the Property

Toni Hibbs

Coldwell Banker Realty License #00961870 Listed on: 08/30/2013

Last Buyer's Agent

Katharine Mason

Coldwell Banker Realty License #01362938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,030

Year Built

  • Built in 1932

Lot Details

  • Level Lot
  • Zoning described as R1

Parking

  • 2 Carport Spaces

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 787 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Neighborhood Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 006-321-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,030

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 81
  • Sale Price Per Sq Ft: 794.16
  • Listing Class: Residential
  • Structure Sq Ft: 787
  • Incorporated: Yes
  • Year Built: 1932
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 787
  • Stories: 1
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, No Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)
  • Exterior: Shingles

Garage/Parking

  • Garage Max: 2
  • Garage Min: 3
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 006-321-010
  • List Price per Sq Ft: 794.16
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3600.00
  • Lot Size Area Min Search: 3600.00
  • Maximum Lot Size: 3600.00

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2014
Sold by
Armfield Eric R and Armfield Karen M
Bought by
The Eric & Karen Armfield Family Trust
Current Estimated Value
$1,236,056

Purchase Details

Listed on
Aug 30, 2013
Closed on
Dec 4, 2013
Sold by
Son Star Enterprises Llc
Bought by
Armfield Eric R and Armfield Karen M
Seller's Agent
Toni Hibbs
Coldwell Banker Realty
Buyer's Agent
Katharine Mason
Coldwell Banker Realty
List Price
$697,500
Sold Price
$625,000
Premium/Discount to List
-$72,500
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$200,000
Outstanding Balance
$148,478
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$1,087,578

Purchase Details

Closed on
Jul 24, 2013
Sold by
Usre Llc
Bought by
Lord & Gpc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 29, 2012
Closed on
Jul 3, 2012
Sold by
The Bank Of New York Mellon
Bought by
Son Star Enterprises Llc and Usre Llc
Seller's Agent
Wayne Briggs
Michelle De Bord-Ridge, Broker
Buyer's Agent
Dorothee Crawford
Coldwell Banker Realty
List Price
$320,000
Sold Price
$298,000
Premium/Discount to List
-$22,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$194,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2012
Sold by
Decker Dale L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 28, 2002
Sold by
Doehler Hermann M
Bought by
Decker Dale L
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
The Eric & Karen Armfield Family Trust -- None Available
Armfield Eric R $625,000 Chicago Title Company
Lord & Gpc Llc -- First American Title Company
Son Star Enterprises Llc $298,000 Chicago Title Company
The Bank Of New York Mellon $241,360 Accommodation
Decker Dale L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armfield Eric R $200,000
Previous Owner Lord & Gpc Llc $55,000
Previous Owner Son Star Enterprises Llc $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2013 12/12/13 Sold $625,000 0.0% $794 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/08/2013 10/08/13 Price Changed $625,000 -3.7% $794 / Sq Ft
09/10/2013 09/10/13 Price Changed $649,000 -7.0% $825 / Sq Ft
08/30/2013 08/30/13 For Sale $697,500 +134.1% $886 / Sq Ft
07/19/2012 07/19/12 Sold $298,000 -6.9% $492 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $320,000 0.0% $528 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $320,000 -- $528 / 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 $8,030 $766,154 $551,634 $214,520
2024 $8,030 $751,132 $540,818 $210,314
2023 $8,132 $736,405 $530,214 $206,191
2022 $7,967 $721,967 $519,818 $202,149
2021 $7,926 $707,812 $509,626 $198,186
2020 $7,767 $700,555 $504,401 $196,154
2019 $7,520 $686,819 $494,511 $192,308
2018 $7,371 $673,353 $484,815 $188,538
2017 $7,251 $660,151 $475,309 $184,842
2016 $7,269 $647,208 $465,990 $181,218
2015 $7,151 $637,487 $458,991 $178,496
2014 $7,002 $625,000 $450,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81332035

MLSListings

APN: 006-321-010-000