NOT LISTED FOR SALE

348 Laurel Ave Pacific Grove, CA 93950

Estimated Value: $846,000 - $1,147,000

2 Beds
1 Bath
762 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $635,000 $833 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,958/month

53 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • 1 Car Detached Garage
  • Robert Down Elementary School Rated A
  • Cottage
  • Eat-In Kitchen

About This Home

As of July 2022

Welcome to 348 Laurel Ave Pacific Grove. A diamond in the rough, perfect for a contractor or for the client that is looking for a project. This property was built around 1928 per Realist/County records. It has been a rental property for over 45 years. The last tenant occupied the property for over 30 years. County shows this as a 2 bedroom, 1 bath, however at some point the wall between the two bedrooms was removed by the previous tenant making it one large open room. There is an access easement on 9th St providing access to the garage area under the house. If you are looking for a big project, request your REALTOR/Agent to show you this property today.

Last Agent to Sell the Property

Team Rouse

Sotheby’s International Realty License #70010204 Listed on: 04/26/2022

Last Buyer's Agent

Team Rouse

Sotheby’s International Realty License #70010204 Listed on: 04/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,929

Year Built

  • 1928

Lot Details

  • 1,498 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Down

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 762 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Floor Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,929

Year Built

1928

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 762
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Family Room: No Family Room
  • Fireplace: Free Standing, Wood Burning, Wood Stove
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Hookups - Gas
  • Fireplace: Yes
  • Living Sq Ft: 762
  • Stories: 1
  • Laundry: Gas Hookup, In Garage
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Fencing: Partial Fencing
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 0.0344
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1500.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 5, 2022
Sold by
Thomas Edward Maudlin Family Trust
Bought by
Mcdonald-Russell Family Trust
Seller's Agent
Team Rouse
Sotheby’s International Realty
Buyer's Agent
Team Rouse
Sotheby’s International Realty
List Price
$850,000
Sold Price
$635,000
Premium/Discount to List
-$215,000
-25.29%
Current Estimated Value
$995,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,309
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Sep 17, 2008
Sold by
Maudlin Thomas E
Bought by
Maudlin Thomas Edward and Thomas Edward Maudlin Family Trust

Purchase Details

Closed on
Jun 18, 1999
Sold by
Maudlin Thomas E
Bought by
The Thomas Edward Maudlin Family Trust

Purchase Details

Closed on
May 18, 1999
Sold by
Maudlin Loretta E
Bought by
Maudlin Thomas E
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
Mcdonald-Russell Family Trust $635,000 Old Republic Title
The Thomas Edward Maudlin Family Trust -- --
Maudlin Thomas E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $635,000 -9.3% $833 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
05/21/2022 05/21/22 Price Changed $700,000 -17.6% $919 / Sq Ft
04/26/2022 04/26/22 For Sale $850,000 -- $1,115 / 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 $6,929 $660,654 $468,180 $192,474
2024 $6,929 $647,700 $459,000 $188,700
2023 $7,023 $635,000 $450,000 $185,000
2022 $1,024 $635,000 $450,000 $185,000
2021 $1,019 $84,885 $19,896 $64,989
2020 $999 $84,015 $19,692 $64,323
2019 $969 $82,368 $19,306 $63,062
2018 $953 $80,754 $18,928 $61,826
2017 $937 $79,171 $18,557 $60,614
2016 $939 $77,620 $18,194 $59,426
2015 $924 $76,455 $17,921 $58,534
2014 $906 $74,958 $17,570 $57,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81888650

MLSListings

APN: 006-264-009-000