Seller's Agent in 2021
William Bluhm
Sotheby’s International Realty
(831) 372-7700
13 in this area
43 Total Sales
263 Lighthouse Ave Pacific Grove, CA 93950
Estimated Value: $1,927,000 - $2,451,548
5
Beds
4
Baths
2,839
Sq Ft
$785/Sq Ft
Est. Value
Highlights
- Ocean View
- Cape Cod Architecture
- 2 Car Attached Garage
- Robert Down Elementary School Rated A
- High Ceiling
- Double Pane Windows
About This Home
As of September 2021Classic Cape Cod shingled Duplex with Ocean Views in a great location close to The Monterey Bay Aquarium, Cannery Row, Historic Monterey and Romantic Pacific Grove. The A side of the duplex 1766 square feet 3 bedrooms and 2 baths and a one car garage. The master is up with a balcony off the master bath with Bay Views The main Floor has a lovely living room with wood burning fireplace and family room that could be a multipurpose room. Formal dining room and kitchen that includes oven, 5 burner range dishwasher, and lots of cabinets and a separate laundry room 2 nice size bedrooms with a full bath. complete the downstairs. There is also a small private back yard. The B side is a 1072 square foot 2 bedroom with one and one half baths. Down is living dining combination with fireplace and kitchen and breakfast bar and half bath. Upstairs front bedroom has Monterey Bay views and shares a bath with the larger bedroom to the back. There is also a convenient upstairs laundry room.
Last Agent to Sell the Property
Sotheby’s International Realty License #01075634 Listed on: 07/29/2021
Last Buyer's Agent
Sotheby’s International Realty License #01075634 Listed on: 07/29/2021
Property Details
Home Type
- Multi-Family
Year Built
- 1988
Lot Details
- 6,817 Sq Ft Lot
- Lot Sloped Up
- Irrigation
- Back Yard
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Property Views
- Ocean
- Bay
Home Design
- Duplex
- Cape Cod Architecture
- Pillar, Post or Pier Foundation
- Slab Foundation
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,839 Sq Ft Home
- 2-Story Property
- High Ceiling
- Double Pane Windows
- Crawl Space
Kitchen
- Built-In Oven
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Forced Air Heating System
- Separate Meters
- 220 Volts
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $68,850
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $2,015
- Insurance Expense $2,000
- Maintenance Expense $2,814
- Manager Expense $6,885
- Other Expense $627
- Utility Expense $1,698
- Operating Expense $24,042
- Gross Income $66,785
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2021
Closed on
Sep 13, 2021
Sold by
Young Russell Scott and Young Linda Joan
Bought by
Greco Charles J
Seller's Agent
William Bluhm
Sotheby’s International Realty
Buyer's Agent
William Bluhm
Sotheby’s International Realty
List Price
$1,995,000
Sold Price
$1,955,000
Premium/Discount to List
-$40,000
-2.01%
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
$274,887
Avg. Annual Appreciation
3.12%
Original Mortgage
$1,466,250
Outstanding Balance
$1,332,187
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$897,700
Purchase Details
Closed on
Feb 27, 2019
Sold by
Young Russell Scott and Young Linda Joan
Bought by
Young Russell Scott and Young Linda Joan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greco Charles J | $1,955,000 | Chicago Title Company | |
| Young Russell Scott | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Greco Charles J | $1,466,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2021 09/17/21 | Sold | $1,955,000 | -2.0% | $689 / Sq Ft |
| 08/14/2021 08/14/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | For Sale | $1,995,000 | -- | $703 / 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 | $21,684 | $2,074,661 | $1,061,208 | $1,013,453 |
| 2024 | $21,684 | $2,033,982 | $1,040,400 | $993,582 |
| 2023 | $22,250 | $1,994,100 | $1,020,000 | $974,100 |
| 2022 | $21,491 | $1,955,000 | $1,000,000 | $955,000 |
| 2021 | $8,167 | $724,904 | $300,606 | $424,298 |
| 2020 | $8,004 | $717,472 | $297,524 | $419,948 |
| 2019 | $7,751 | $703,405 | $291,691 | $411,714 |
| 2018 | $7,598 | $689,614 | $285,972 | $403,642 |
| 2017 | $7,475 | $676,093 | $280,365 | $395,728 |
| 2016 | $7,493 | $662,837 | $274,868 | $387,969 |
| 2015 | $7,373 | $652,882 | $270,740 | $382,142 |
| 2014 | $7,220 | $640,094 | $265,437 | $374,657 |
Source: Public Records
Agents Affiliated with this Home
-
William Bluhm
Map
Source: MLSListings
MLS Number: ML81855941
APN: 006-254-002-000
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