NOT LISTED FOR SALE

305 12th St Pacific Grove, CA 93950

Estimated Value: $1,089,232 - $1,249,000

2 Beds
1 Bath
767 Sq Ft
$1,551/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $624,000 $814 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,886/month

27 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Forced Air Heating System
  • Robert Down Elementary School Rated A
  • Cottage
  • 5-minute walk to Caterpillar Park

About This Home

As of January 2015

Located in the heart of Pacific Grove a few blocks from town, this 2 bed cottage offers fully updated amenities. Ocean views from both kitchen & living room. Large mudroom leads to a beautiful red brick paved secluded backyard. Year round blooming bougainvillea lining the side of the house. Single car garage where your car will spend most of its time; with a location this good you'll want to walk!

Last Agent to Sell the Property

Debby Beck

Sotheby’s International Realty License #01747647 Listed on: 11/11/2014

Last Buyer's Agent

Debby Beck

Sotheby’s International Realty License #01747647 Listed on: 11/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,917

Year Built

  • Built in 1940

Lot Details

  • Zoning described as R1

Parking

  • 1 Car Garage

Property Views

  • Bay
  • Neighborhood

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 767 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Laundry in Garage

Kitchen

  • Cooktop
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 006-277-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,917

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 767
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 1
  • Map Top Coordinate: F
  • Thomas Bros Page: 80
  • Thomas Brothers: F1
  • Year Built: 1940
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Kitchen: Cooktop, Garbage Disposal, Refrigerator, 220 Volt Outlet
  • Living Sq Ft: 767
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Bay, Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 006-277-009
  • List Price per Sq Ft: 846.15
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2000.00
  • Lot Size Area Min Search: 2000.00
  • Maximum Lot Size: 2000.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Medina Ralph L and Medina Nancy C
Bought by
Medina Ralph L and Medina Nancy C
Current Estimated Value
$1,189,558

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 30, 2014
Sold by
Sciolto Nicky Vaccaro
Bought by
Medina Ralph L and Medina Nancy C
Seller's Agent
Debby Beck
Sotheby’s International Realty
Buyer's Agent
Debby Beck
Sotheby’s International Realty
List Price
$649,000
Sold Price
$624,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$349,000
Outstanding Balance
$268,106
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$921,452

Purchase Details

Closed on
Oct 19, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Sciolto Nicky Vaccaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2008
Sold by
Vaughan James D
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Mar 22, 2006
Sold by
Carter Roy Leon and Carter Jerrilyn
Bought by
Vaughan James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,800
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 15, 2002
Sold by
Carter Roy L and Carter Jerrilyn D
Bought by
Carter Roy Leon and Carter Jerrilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.37%

Purchase Details

Closed on
Feb 1, 2002
Sold by
Sippel Richard M and Sippel Helen P
Bought by
Carter Roy L and Carter Jerrilyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Lundquist Carol A
Bought by
Lundquist Carol A and Carol A Lundquist Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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
Medina Ralph L -- None Available
Medina Ralph L $624,000 Old Republic Title Company
Sciolto Nicky Vaccaro $475,000 First American Title
American Home Mortgage Servicing Inc $529,925 Accommodation
Vaughan James D $711,000 First American Title Co
Carter Roy Leon -- Old Republic Title Company
Carter Roy L $465,000 Old Republic Title Company
Lundquist Carol A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Ralph L $349,000
Previous Owner Sciolto Nicky Vaccaro $380,000
Previous Owner Vaughan James D $568,800
Previous Owner Carter Roy L $372,000
Closed Carter Roy L $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2015 01/07/15 Sold $624,000 -3.9% $814 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
12/04/2014 12/04/14 For Sale $649,000 0.0% $846 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $649,000 -- $846 / 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 $7,917 $755,400 $600,920 $154,480
2024 $7,917 $740,589 $589,138 $151,451
2023 $8,019 $726,069 $577,587 $148,482
2022 $7,856 $711,833 $566,262 $145,571
2021 $7,816 $697,876 $555,159 $142,717
2020 $7,659 $690,721 $549,467 $141,254
2019 $7,416 $677,179 $538,694 $138,485
2018 $7,269 $663,902 $528,132 $135,770
2017 $7,151 $650,885 $517,777 $133,108
2016 $7,117 $633,516 $507,625 $125,891
2015 $5,725 $508,949 $305,370 $203,579
2014 $5,605 $498,981 $299,389 $199,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81439966

MLSListings

APN: 006-277-009-000