NOT LISTED FOR SALE

2824 Forest Hill Blvd Pacific Grove, CA 93950

Estimated Value: $2,053,000 - $2,665,457

5 Beds
4 Baths
2,641 Sq Ft
$916/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2022

Last sale price $2,540,000 $962 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,171 / mo

13 Days on Market

Highlights

  • 0.29 Acre Lot
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Forest Grove Elementary School Rated A
  • Eat-In Kitchen
  • Separate Family Room

About This Home

As of June 2022

Redefine luxury at 2824 Forest Hill with the craftsmanship, design and the character of one of the most beautiful homes in Pacific Grove. As you enter the home, you are greeted with vast ocean views over elegant finishes and an open concept design that entices you through indoor and outdoor living. The craftsmanship is abundant with custom white oak doors and wood features sourced from 200 year-old hand chiseled beams. Thoughtfully crafted to include a JADU that could be used as your downstairs primary suite.The large lot is walking distance to Pacific Grove High School, to the Rip Van Winkle open space and just a short drive from legendary golf courses such as Spanish Bay. When you are not relaxing on the large deck out back, there will never be a shortage of exploring to do. The luxury you deserve could soon become a reality.

Last Agent to Sell the Property

The C Group

Better Homes And Gardens Real Estate By The Sea License #70010221 Listed on: 04/26/2022

Last Buyer's Agent

The C Group

Better Homes And Gardens Real Estate By The Sea License #70010221 Listed on: 04/26/2022

Home Details

Home Type

  • Single Family

Year Built

  • 1971

Lot Details

  • 12,602 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,641 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Home Details

Home Type

Single Family

Year Built

1971

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2641
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 2641
  • Stories: 2
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Full On Ground Floor

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Fireplace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2893
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12600.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 15, 2022
Sold by
Coastal Vp Builder Llc
Bought by
Ashok Reema Family Trust
Seller's Agent
The C Group
Better Homes And Gardens Real Estate By The Sea
Buyer's Agent
The C Group
Better Homes And Gardens Real Estate By The Sea
List Price
$2,650,000
Sold Price
$2,540,000
Premium/Discount to List
-$110,000
-4.15%
Current Estimated Value
$2,418,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,136
Avg. Annual Appreciation
-1.26%
Original Mortgage
$1,743,151
Outstanding Balance
$1,658,701
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$760,163

Purchase Details

Closed on
Apr 28, 2022
Sold by
Walchli Paul P and Walchli Vincent P
Bought by
Coastal Vp Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,743,151
Outstanding Balance
$1,658,701
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$760,163

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 11, 2021
Sold by
Gateway Center Of Monterey County Inc
Bought by
Walchli Paul
Seller's Agent
Shawn Quinn
Sotheby’s International Realty
Buyer's Agent
Kevin Cesario
Better Homes And Gardens Real Estate By The Sea
List Price
$1,150,000
Sold Price
$1,194,550
Premium/Discount to List
$44,550
3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%
Original Mortgage
$739,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Ashok Reema Family Trust $2,540,000 Old Republic Title
Coastal Vp Builders Llc -- Oldfield & Creely Llp
Andante Vincent P -- Oldfield & Creely Llp
Walchli Paul $1,195,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashok Reema Family Trust $1,743,151
Previous Owner Walchli Paul $739,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Sold $2,540,000 -4.2% $962 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $2,650,000 +121.8% $1,003 / Sq Ft
03/05/2021 03/05/21 Sold $1,194,550 +3.9% $452 / Sq Ft View Prior Sale
01/19/2021 01/19/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $1,150,000 -- $435 / Sq Ft
Source: MLSListings

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 $28,147 $2,695,467 $1,008,147 $1,687,320
2024 $28,147 $2,642,616 $988,380 $1,654,236
2023 $28,468 $2,590,800 $969,000 $1,621,800
2022 $13,449 $2,540,000 $950,000 $1,590,000
2021 $6,656 $1,194,550 $600,000 $594,550
2020 $108 $582,068 $242,526 $339,542
2019 $108 $570,656 $237,771 $332,885
2018 $135 $559,467 $233,109 $326,358
2017 $134 $548,498 $228,539 $319,959
2016 $134 $537,744 $224,058 $313,686
2015 $133 $529,668 $220,693 $308,975
2014 $132 $519,293 $216,370 $302,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81888685

MLSListings

APN: 007-643-013-000

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