$975,000
SOLD DEC 30, 2024

244 Grove Acre Ave Pacific Grove, CA 93950

2 Beds
1 Bath
850 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$1,147 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • 1-Story Property
  • Robert Down Elementary School Rated A
  • Dining Area

About This Home

As of December 2024

Year after year, thousands of monarch butterflies arrive at their winter sanctuary in Pacific Grove, staying from October through February in a special eucalyptus grove just across the street from this post adobe style home that can be your own place of refuge on the Monterey Peninsula. Relaxing in the living room, while golden rays of late afternoon sunlight stream in through an oversized window and play against your warm hardwood floors, you are sure to see countless of these beauties fluttering by outside, and you will discover a newfound appreciation for the singular charm that defines Butterfly Town, USA. Beautifully simple, this delightful bungalow nourishes the soul with everything one needs: two carpeted bedrooms with elevated white ceilings, big windows, and painted brick accent walls; an updated bathroom; built-in shelving; and a gloriously modern kitchen with pristine cabinetry, a gas range, and an original stained glass accent window. Enjoy a peak of the ocean from the front of the home, and explore the back deck that sits at the foot of a towering tree, hearing nothing except the distant breathing of the ocean, a cool breeze brushing the leaves of the trees, and gentle birdsong. Like the monarchs before you, once you find this place, you will know you are home.

Last Agent to Sell the Property

Pete Ruiz

Keller Williams Realty License #70010112 Listed on: 11/19/2024

Last Buyer's Agent

Monterey Peninsula Home Team

KW Coastal Estates License #70000352

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,415

Year Built

  • Built in 1952

Lot Details

  • 2,500 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include insurance - common area, landscaping / gardening, maintenance - road
  • Grove Colony Homeowners Association
  • Built by Grove Colony

Listing and Financial Details

  • Assessor Parcel Number 006-371-029-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,415

Year Built

Built in 1952

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Age: 72
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 7
  • Structure Sq Ft: 850
  • Complex Name: Grove Colony
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Living Sq Ft: 850
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Parking Features: Common Parking Area, Covered Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 585
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Road
  • H O A Name Text: Grove Colony Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 006-371-029-000
  • Lot Acres: 0.0574
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 10, 2024
Sold by
Benmayouf Trust and Alain G Dussau 2023 Trust
Bought by
Pieracci Living Trust and Pieracci
Seller's Agent
Pete Ruiz
Keller Williams Realty
Buyer's Agent
Monterey Peninsula Home Team
KW Coastal Estates
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Views
52
Current Estimated Value
$1,041,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,109
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Dec 23, 2021
Sold by
Benmayouf Trust
Bought by
Benmayouf Trust

Purchase Details

Closed on
Oct 22, 2020
Sold by
Kaiser M Shawn
Bought by
Benmayouf Zineb and Benmayouf Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 18, 2015
Sold by
Hipschman Irving B and Burnett Susan L
Bought by
Kaiser M Shawn
Seller's Agent
Arleen Hardenstein
Sotheby’s International Realty
Buyer's Agent
Patricia Brown
Sotheby’s International Realty
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Apr 4, 2008
Sold by
Hipschman Irving B and Burnett Susan L
Bought by
Hipschman Irving B and Burnett Susan L

Purchase Details

Closed on
Dec 7, 2004
Sold by
Archer Kelley A
Bought by
Hipschman Irving B and Burnett Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1998
Sold by
Wooton Rob and Wooton Jody
Bought by
Archer Kelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.18%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $975,000 Chicago Title
Deed -- New Title Company Name
Grant Deed $742,000 Chicago Title Company
Grant Deed $495,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $574,500 First American Title
Grant Deed $210,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,250 New Conventional
Previous Owner $593,600 New Conventional
Previous Owner $552,500 Commercial
Previous Owner $405,000 Commercial
Previous Owner $390,000 Commercial
Previous Owner $224,000 Purchase Money Mortgage
Previous Owner $168,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $975,000 -2.4% $1,147 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $999,000 +101.8% $1,175 / Sq Ft
10/01/2015 10/01/15 Sold $495,000 -6.4% $598 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $529,000 0.0% $639 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $529,000 -- $639 / 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 $8,415 $975,000 $700,000 $275,000
2024 $8,415 $787,414 $636,724 $150,690
2023 $8,521 $771,976 $624,240 $147,736
2022 $8,348 $756,840 $612,000 $144,840
2021 $8,306 $742,000 $600,000 $142,000
2020 $5,959 $535,802 $432,972 $102,830
2019 $5,770 $525,297 $424,483 $100,814
2018 $5,656 $514,998 $416,160 $98,838
2017 $5,564 $504,900 $408,000 $96,900
2016 $5,577 $495,000 $400,000 $95,000
2015 $6,191 $551,000 $384,000 $167,000
2014 $5,606 $499,000 $348,000 $151,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81987007

MLSListings

APN: 006-371-029-000