Seller's Agent in 2022
Adam Moniz
Sotheby’s International Realty
(831) 601-3320
1 in this area
13 Total Sales
261 Laurel Ave Pacific Grove, CA 93950
Estimated Value: $1,518,000 - $1,668,000
4
Beds
2
Baths
1,413
Sq Ft
$1,110/Sq Ft
Est. Value
Highlights
- Ocean View
- Wood Flooring
- 2 Car Detached Garage
- Robert Down Elementary School Rated A
- Cottage
- Bathtub with Shower
About This Home
As of February 2022Located on a spacious corner lot just a few short blocks from Monterey Bay and the heart of downtown, this historic Pacific Grove home welcomes you with a peek of the ocean from its living room, front bedroom, and front porch. Currently configured as a 4 bedroom with 2 full bathrooms, the existing floor plan affords opportunities to reinterpret and reimagine interior spaces. Fenced side yard makes the perfect spot for an outdoor BBQ, entertaining, or swing set for the kids, while the large detached garage provides sizable storage solutions and parking for multiple vehicles. This historic Pacific Grove property, conveniently located on the corner of Laurel Avenue and 4th Street, has tremendous potential for those with a bit of vision. And this is one opportunity that is not likely to last long.
Last Agent to Sell the Property
Sotheby’s International Realty License #01885594 Listed on: 01/06/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,588
Year Built
- 1888
Lot Details
- Partially Fenced Property
- Wood Fence
- Lot Sloped Down
Parking
- 2 Car Detached Garage
Property Views
- Ocean
- Neighborhood
Home Design
- Cottage
- Combination Foundation
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,413 Sq Ft Home
- 1-Story Property
- Dining Room
- Laundry in unit
Kitchen
- Gas Oven
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Utilities
- Forced Air Heating System
- Wall Furnace
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2022
Closed on
Feb 10, 2022
Sold by
Martin 2000 Family Trust
Bought by
Granchalek Ryan and Granchalek Kelly Nam
Seller's Agent
Adam Moniz
Sotheby’s International Realty
Buyer's Agent
Mike Meza
Sotheby’s International Realty
List Price
$929,000
Sold Price
$1,405,000
Premium/Discount to List
$476,000
51.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,534
Avg. Annual Appreciation
3.02%
Original Mortgage
$1,053,750
Outstanding Balance
$978,487
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$590,047
Purchase Details
Closed on
Aug 28, 2001
Sold by
Martin William Henry and Martin Martha S
Bought by
Martin William H and Martin Martha S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.22%
Purchase Details
Closed on
Apr 27, 2000
Sold by
Martin William Henry and Martin Martha Sue
Bought by
Martin William H and Martin Martha S
Purchase Details
Closed on
Sep 1, 1995
Sold by
Martin William Henry
Bought by
Martin William Henry and Martin Martha Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
8.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Granchalek Ryan | $1,405,000 | Old Republic Title | |
| Martin William H | -- | Stewart Title | |
| Martin William H | -- | -- | |
| Martin William Henry | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Granchalek Ryan | $1,053,750 | |
| Previous Owner | Martin William H | $235,000 | |
| Previous Owner | Martin William Henry | $115,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2022 02/16/22 | Sold | $1,405,000 | +51.2% | $994 / Sq Ft |
| 01/17/2022 01/17/22 | Pending | -- | -- | -- |
| 01/06/2022 01/06/22 | For Sale | $929,000 | -- | $657 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $15,588 | $1,490,996 | $742,845 | $748,151 |
| 2024 | $15,588 | $1,461,762 | $728,280 | $733,482 |
| 2023 | $15,767 | $1,433,100 | $714,000 | $719,100 |
| 2022 | $2,787 | $1,405,000 | $700,000 | $705,000 |
| 2021 | $2,772 | $241,553 | $29,709 | $211,844 |
| 2020 | $2,718 | $239,077 | $29,405 | $209,672 |
| 2019 | $2,633 | $234,390 | $28,829 | $205,561 |
| 2018 | $2,583 | $229,795 | $28,264 | $201,531 |
| 2017 | $2,542 | $225,290 | $27,710 | $197,580 |
| 2016 | $2,547 | $220,873 | $27,167 | $193,706 |
| 2015 | $2,507 | $217,556 | $26,759 | $190,797 |
| 2014 | $2,455 | $213,295 | $26,235 | $187,060 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Moniz
-
Mike Meza
Buyer's Agent in 2022
Mike Meza
Sotheby’s International Realty
(831) 578-4601
3 in this area
50 Total Sales
Map
Source: MLSListings
MLS Number: ML81873614
APN: 006-257-002-000
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