NOT LISTED FOR SALE

Estimated Value: $1,448,390

4 Beds
2 Baths
1,875 Sq Ft
$772/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2021

Last sale price $1,040,000 $555 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,083 / mo

125 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Carpet
  • Robert Down Elementary School Rated A
  • Washer and Dryer
  • 1-Story Property

About This Home

As of May 2021

Wonderful Investment opportunity on the edge of Pacific grove. These 2 charming units have street to alley access & are immaculate. Live in one and rent out the other one. Each unit has large mid-century eat in kitchens with outdoor access. This property has been lovingly maintained by its owner and the long term tenants. Low maintenance yard. Fabulous schools . Lots of potential & fabulous area, near the quaint downtown of Pacific Grove, Cannery Row-Recreation Trail & THE BEACH & so much more....

Last Agent to Sell the Property

Doug Steiny

Sotheby’s International Realty License #00681652 Listed on: 12/01/2020

Sotheby’s International Realty

Last Buyer's Agent

William Bluhm

Sotheby’s International Realty License #01075634

Sotheby’s International Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,702

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Washer and Dryer

Additional Features

  • 5,702 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $3,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

5,702 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 1875
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: On Street

Utilities

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

Schools

  • High School: 560

Lot Info

  • Lot Acres: 0.1309
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5700.00

Rental Info

  • Gross Rent Multiplier: 319.17
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 3600.00
  • Income Annual Rental: 3600
  • Income Gross Scheduled: 3600
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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

Closed on
Sep 15, 2021
Sold by
Bought by
Current Estimated Value
$1,448,390

Purchase Details

Listed on
Dec 1, 2020
Closed on
Apr 29, 2021
Sold by
Bought by
Seller's Agent
Doug Steiny
Sotheby’s International Realty
Buyer's Agent
William Bluhm
Sotheby’s International Realty
List Price
$1,149,000
Sold Price
$1,040,000
Premium/Discount to List
-$109,000
-9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$780,000
Outstanding Balance
$691,652
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$756,738
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$1,040,000 Chicago Title Company
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
Open $780,000
Previous Owner $30,000
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
05/06/2021 05/06/21 Sold $1,040,000 -9.5% $555 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $1,149,000 0.0% $613 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $1,149,000 -11.3% $613 / Sq Ft
12/28/2020 12/28/20 Price Changed $1,295,000 +12.7% $691 / Sq Ft
12/28/2020 12/28/20 Price Changed $1,149,000 -11.3% $613 / Sq Ft
12/01/2020 12/01/20 For Sale $1,295,000 -- $691 / 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
2026 $13,458 $1,285,943 $662,447 $623,496
2025 $13,866 $1,223,733 $649,458 $574,275
2024 $13,866 $1,199,739 $636,724 $563,015
2023 $12,984 $1,176,216 $624,240 $551,976
2022 $11,713 $1,155,000 $612,000 $543,000
2021 $11,764 $1,040,000 $600,000 $440,000
2020 $2,714 $80,546 $20,125 $60,421
2019 $2,523 $78,968 $19,731 $59,237
2018 $1,987 $77,421 $19,345 $58,076
2017 $973 $75,904 $18,966 $56,938
2016 $974 $74,417 $18,595 $55,822
2015 $959 $73,300 $18,316 $54,984
2014 $940 $71,865 $17,958 $53,907
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81821859

MLSListings

APN: 006-518-010-000

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