NOT LISTED FOR SALE

Estimated Value: $1,038,716 - $1,187,000

3 Beds
2 Baths
1,340 Sq Ft
$830/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $1,050,000 $784 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,036/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • Forest Grove Elementary School Rated A
  • Main Floor Bedroom
  • Balcony

About This Home

As of June 2022

Turnkey three bedroom, two bathroom single-level residence in Pacific Grove that features a primary suite that opens up to the large and private patio. The raised ceilings in the living room and kitchen with side window skylights creates ambient light to illuminate the space and create an airy atmosphere. A functional kitchen with breakfast counter opens to the main living space. This allows the chef to remain engaged in conversation if cooking a quick breakfast or during more elaborate entertaining. Updated in 2014, the home is conveniently located to restaurants, stores, PG Unified Schools and the local attractions of the Monterey Peninsula. This home makes a perfect weekend getaway, full-time residence, or investment property. The 6,850 sq foot lot affords ample opportunity for expansion along with an R4 zoning that could result in different development and use opportunities. Includes Tesla charger.

Last Agent to Sell the Property

Bambace Peterson

Compass License #70010145 Listed on: 05/20/2022

Compass

Last Buyer's Agent

David Lam

Kha David C. Lam, Broker License #01343016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,659

Year Built

  • 1950

Lot Details

  • 6,852 Sq Ft Lot
  • Fenced
  • Back Yard

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,340 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,659

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R-4
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1340
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1340
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor
  • Laundry: Inside
  • Flooring: Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced
  • Fencing: Fenced

Garage/Parking

  • Garage Parking Features: On Street, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Forest Grove Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 559
  • Middle School: 561

Lot Info

  • Lot Acres: 0.1573
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6850.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 22, 2022
Sold by
Leung Trust
Bought by
Spire Manufacturing Inc
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
David Lam
Kha David C. Lam, Broker
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Current Estimated Value
$1,112,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,858
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Oct 9, 2017
Sold by
Leung Carmen
Bought by
Leung Carmen and Leung Trust

Purchase Details

Listed on
Jul 5, 2016
Closed on
Dec 17, 2016
Sold by
Fornal Kevin M
Bought by
Leung Carmen
Seller's Agent
Eric Stauffer
Coldwell Banker Realty
Buyer's Agent
Mark Peterson
Monterey Coast Realty
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$365,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 5, 2016
Closed on
Dec 13, 2016
Sold by
Gwyer Christopher
Bought by
Leung Carmen
Seller's Agent
Eric Stauffer
Coldwell Banker Realty
Buyer's Agent
Mark Peterson
Monterey Coast Realty
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 20, 2014
Sold by
Flores Gus and Flores Jody
Bought by
Fornal Kevin M
Seller's Agent
Genelle Tringali
Sotheby’s International Realty
Buyer's Agent
Eric Stauffer
Coldwell Banker Realty
List Price
$679,000
Sold Price
$655,000
Premium/Discount to List
-$24,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$512,000
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2012
Sold by
Duffy Terry Lynn
Bought by
Flores Gus and Flores Jody

Purchase Details

Closed on
Mar 31, 2004
Sold by
Johnson Philip C
Bought by
Duffy Terry Lynn

Purchase Details

Closed on
Oct 27, 2000
Sold by
Johnson Philip C and Oneill Terry Lynn
Bought by
Johnson Philip C and Duffy Terry Lynn

Purchase Details

Closed on
Jan 23, 1996
Sold by
Light Will H
Bought by
Johnson Philip C and Oneill Terry Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.18%
Mortgage Type
Seller Take Back
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
Spire Manufacturing Inc $1,050,000 Old Republic Title
Leung Carmen -- None Available
Leung Carmen $765,000 Chicago Title Company
Leung Carmen -- Chicago Title Company
Fornal Kevin M $655,000 Chicago Title Company
Flores Gus $220,000 Old Republic Title Company
Duffy Terry Lynn -- Old Republic Title
Johnson Philip C -- --
Johnson Philip C $210,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leung Carmen $365,000
Previous Owner Fornal Kevin M $512,000
Previous Owner Johnson Philip C $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $1,050,000 -12.4% $784 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,199,000 +56.7% $895 / Sq Ft
12/23/2016 12/23/16 Sold $765,000 -3.8% $574 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $795,000 0.0% $597 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $795,000 -2.5% $597 / Sq Ft
07/26/2016 07/26/16 Price Changed $815,000 -2.4% $612 / Sq Ft
07/05/2016 07/05/16 For Sale $835,000 +27.5% $627 / Sq Ft
04/01/2014 04/01/14 Sold $655,000 -3.5% $492 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $679,000 -- $510 / 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 $11,659 $1,114,267 $742,845 $371,422
2024 $11,659 $1,092,420 $728,280 $364,140
2023 $11,827 $1,071,000 $714,000 $357,000
2022 $9,180 $1,050,000 $700,000 $350,000
2021 $9,209 $820,233 $482,490 $337,743
2020 $9,025 $811,823 $477,543 $334,280
2019 $8,739 $795,906 $468,180 $327,726
2018 $8,566 $780,300 $459,000 $321,300
2017 $8,427 $765,000 $450,000 $315,000
2016 $7,650 $678,274 $362,437 $315,837
2015 $7,527 $668,086 $356,993 $311,093
2014 $2,708 $231,044 $150,681 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81892849

MLSListings

APN: 006-725-013-000