NOT LISTED FOR SALE

281 Spruce Ave Pacific Grove, CA 93950

Estimated Value: $1,417,928 - $1,854,000

3 Beds
2.5 Baths
1,542 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $936,236 $607 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,305/month

12 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Loft
  • Robert Down Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Double Pane Windows

About This Home

As of April 2016

Tranquility in Pacific Grove. This turnkey property offers three bedrooms, two and a half baths, and a bonus loft/area. Fenced front and back yards offer a tranquil place to enjoy with family and friends. Street to street access. There is room in the back yard for off-street parking. Landscaping was just completed 3/3/2016, more pictures to follow.

Last Agent to Sell the Property

J.R. Rouse

Sotheby’s International Realty License #01299649 Listed on: 03/03/2016

Sotheby’s International Realty

Last Buyer's Agent

Margaret Maguire

Coldwell Banker Realty License #01050650

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • Back and Front Yard Fenced
  • Mostly Level

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Loft
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-518-003-000

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1542
  • Incorporated: Yes
  • Year Built: 1932
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Exhaust Fan, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1542
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Travertine
  • Additional Rooms: Loft
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced
  • Fencing: Fenced, Fenced Back, Fenced Front
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: On Street

Utilities

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

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-518-003-000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5702.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5702.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Vermote Frederik and Mclintock Gemma
Bought by
Mclintock Gemma
Current Estimated Value
$1,597,482

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 25, 2016
Sold by
Steiner James J and Steiner Deitra H
Bought by
Vermote Frederik and Mclintock Gemma
Seller's Agent
J.R. Rouse
Sotheby’s International Realty
Buyer's Agent
Margaret Maguire
Coldwell Banker Realty
List Price
$972,000
Sold Price
$936,236
Premium/Discount to List
-$35,764
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$280,000
Outstanding Balance
$223,406
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,374,076

Purchase Details

Listed on
Sep 27, 2012
Closed on
Jan 2, 2013
Sold by
Gibbs Matthew T
Bought by
Steiner James J and Steiner Deitra H
Seller's Agent
Kelly A. Edwards
Peninsula Realty Group
Buyer's Agent
Mark Elstob
ROMARCO PROPERTIES
List Price
$839,000
Sold Price
$685,000
Premium/Discount to List
-$154,000
-18.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Listed on
Jan 18, 2012
Closed on
Feb 28, 2012
Sold by
Gibbs Kathleen M
Bought by
Gibbs Matthew T
Seller's Agent
Heidi Robinson
Thunderbird Real Estate
Buyer's Agent
Kelly A. Edwards
Peninsula Realty Group
List Price
$309,900
Sold Price
$288,500
Premium/Discount to List
-$21,400
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.58%

Purchase Details

Listed on
Jan 18, 2012
Closed on
Feb 27, 2012
Sold by
E Trade Bank
Bought by
Gibbs Matthew T
Seller's Agent
Heidi Robinson
Thunderbird Real Estate
Buyer's Agent
Kelly A. Edwards
Peninsula Realty Group
List Price
$309,900
Sold Price
$288,500
Premium/Discount to List
-$21,400
-6.91%

Purchase Details

Closed on
Dec 19, 2011
Sold by
Vonreitzenstein Irene A
Bought by
E Trade Bank

Purchase Details

Closed on
Dec 5, 2011
Sold by
Vonreitzenstein Irene A
Bought by
E Trade Bank

Purchase Details

Closed on
Jun 20, 2007
Sold by
Kern John M
Bought by
Vonreitzenstein Irene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1998
Sold by
Ludwa Gregory P
Bought by
Kern John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.62%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Sadel Maria and Ludwa Maria
Bought by
Ludwa Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclintock Gemma -- None Available
Vermote Frederik $936,500 Chicago Title Company
Steiner James J $685,000 Chicago Title Company
Gibbs Matthew T -- Chicago Title Company
Gibbs Matthew T $288,500 Chicago Title Company
E Trade Bank -- Accommodation
E Trade Bank -- None Available
Vonreitzenstein Irene A $660,000 Stewart Title Monterey
Kern John M $300,000 Stewart Title
Ludwa Gregory -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vermote Frederik $280,000
Previous Owner Vonreitzenstein Irene A $650,000
Previous Owner Kern John M $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2016 04/29/16 Sold $936,236 -3.7% $607 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $972,000 +41.9% $630 / Sq Ft
01/04/2013 01/04/13 Sold $685,000 -3.5% $444 / Sq Ft View Prior Sale
01/02/2013 01/02/13 Pending -- -- --
12/11/2012 12/11/12 Price Changed $710,000 -5.2% $460 / Sq Ft
10/30/2012 10/30/12 Price Changed $749,000 -6.3% $486 / Sq Ft
10/11/2012 10/11/12 Price Changed $799,000 -4.8% $518 / Sq Ft
09/27/2012 09/27/12 For Sale $839,000 +190.8% $544 / Sq Ft
02/29/2012 02/29/12 Sold $288,500 -6.9% $187 / Sq Ft View Prior Sale
02/25/2012 02/25/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $309,900 0.0% $201 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $309,900 0.0% $201 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $309,900 -- $201 / 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 $11,523 $1,108,305 $710,274 $398,031
2024 $11,523 $1,086,575 $696,348 $390,227
2023 $11,613 $1,065,271 $682,695 $382,576
2022 $11,375 $1,044,384 $669,309 $375,075
2021 $11,315 $1,023,907 $656,186 $367,721
2020 $11,086 $1,013,409 $649,458 $363,951
2019 $10,730 $993,539 $636,724 $356,815
2018 $10,513 $974,059 $624,240 $349,819
2017 $10,340 $954,960 $612,000 $342,960
2016 $7,878 $712,559 $520,117 $192,442
2015 $7,749 $701,857 $512,305 $189,552
2014 $7,585 $688,109 $502,270 $185,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81563571

MLSListings

APN: 006-518-003-000