NOT LISTED FOR SALE

326 Bishop Ave Pacific Grove, CA 93950

Estimated Value: $1,354,000 - $1,550,000

2 Beds
2 Baths
1,239 Sq Ft
$1,167/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $935,000 $755 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,764/month

Highlights

  • Ocean View
  • Wood Flooring
  • 1 Fireplace
  • Forest Grove Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • Beamed Ceilings

About This Home

As of November 2020

Charming 2 bedrooms, 2 bath ranch style home in pleasant PG neighborhood. Home features newly remodeled bathrooms, updated kitchen, semi-open floor plan and ocean peeks. There is an oversized detached one car garage with plenty of storage and the yard is beautifully landscaped with draught resistant California native plants. The home is conveniently located close to shopping and restaurants.

Last Agent to Sell the Property

Joy Jacobs

KW Coastal Estates License #70003531 Listed on: 11/23/2020

KW Coastal Estates

Last Buyer's Agent

kathryn holland

Sotheby’s International Realty License #01463550

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,594

Year Built

  • 1951

Lot Details

  • 5,998 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Lot Sloped Down
  • Grass Covered Lot
  • Back Yard

Parking

  • 1 Car Detached Garage

Property Views

  • Ocean
  • Hills

Home Design

  • Foundation Moisture Barrier
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,239 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • 1 Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,594

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Zoning: R
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1239
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Insert
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1239
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Tub With Jets, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Foundation Moisture Barrier
  • Roof: Composition
  • View: Hills, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Low Maintenance
  • Fencing: Partial Fencing, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Parking Area

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Nov 16, 2020
Sold by
Schramm Richard E and Demordaunt Mariann
Bought by
Ferrero Michael V and Ferrero June L
Seller's Agent
Joy Jacobs
KW Coastal Estates
Buyer's Agent
kathryn holland
Sotheby’s International Realty
List Price
$895,000
Sold Price
$935,000
Premium/Discount to List
$40,000
4.47%
Current Estimated Value
$1,446,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,463
Avg. Annual Appreciation
8.11%
Original Mortgage
$625,000
Outstanding Balance
$558,693
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$794,298

Purchase Details

Closed on
Jun 17, 2015
Sold by
Schramm Richard E and Demordaunt Mariann
Bought by
Richard E Schramm and Richard Mariann Demordaunt

Purchase Details

Closed on
Oct 12, 1998
Sold by
Mariann Schramm Richard E and Mariann Demorduant
Bought by
Schramm Richard E and Demordaunt Mariann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 1996
Sold by
Mccarthy Timothy Glen
Bought by
Mariann Schramm Richard E and Mariann Demorduant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.06%
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
Ferrero Michael V $935,000 Old Republic Title
Richard E Schramm -- None Available
Schramm Richard E -- None Available
Schramm Richard E -- First American Title
Mariann Schramm Richard E $266,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrero Michael V $625,000
Previous Owner Schramm Richard E $219,500
Previous Owner Schramm Richard E $404,000
Previous Owner Schramm Richard E $364,980
Previous Owner Schramm Richard E $60,000
Previous Owner Schramm Richard E $380,000
Previous Owner Schramm Richard $100,000
Previous Owner Schramm Richard E $300,000
Previous Owner Schramm Richard E $50,000
Previous Owner Schramm Richard E $227,150
Previous Owner Mariann Schramm Richard E $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $935,000 +4.5% $755 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $895,000 -- $722 / 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 $10,594 $1,012,072 $649,458 $362,614
2024 $10,594 $992,228 $636,724 $355,504
2023 $10,733 $972,774 $624,240 $348,534
2022 $10,516 $953,700 $612,000 $341,700
2021 $10,462 $935,000 $600,000 $335,000
2020 $4,365 $396,109 $275,494 $120,615
2019 $4,226 $388,343 $270,093 $118,250
2018 $4,142 $380,730 $264,798 $115,932
2017 $4,074 $373,265 $259,606 $113,659
2016 $4,082 $365,947 $254,516 $111,431
2015 $4,015 $360,451 $250,693 $109,758
2014 $3,930 $353,391 $245,783 $107,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81821370

MLSListings

APN: 006-724-005-000