NOT LISTED FOR SALE

389 Gibson Ave Pacific Grove, CA 93950

Estimated Value: $1,960,000 - $2,607,000

4 Beds
3.5 Baths
2,872 Sq Ft
$800/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $1,725,000 $601 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $14,161/month

109 Days on Market

Highlights

  • Spa
  • Craftsman Architecture
  • Wood Flooring
  • Robert Down Elementary School Rated A
  • Family Room with Fireplace
  • 3-minute walk to Caterpillar Park

About This Home

As of September 2018

Enter this timeless Craftsman home built in 1910, majorly restored by Eric Miller- local architect- and lovingly cared for on a corner lot with all the attention to detail. A gorgeous master suite addition and bath on the main level with radiant heat floors, large kitchen with state-of-the-art appliances, sunny and bright living room and large dining room off the kitchen. You will love the hickory hardwood floors throughout. This spacious home with approx. 2800 sf. +/- features 4 bedrooms, 3 full baths, a powder room, a separate water closet, an office, 2 fireplaces and much more! The river rock fireplace is one of a kind! You will enjoy all the updates with the original charm! This is your opportunity to own a beautiful masterpiece. Please take a look at the Matterport 3D Tour.

Last Agent to Sell the Property

Annette Boggs

Coldwell Banker Realty License #01317801 Listed on: 04/23/2018

Coldwell Banker Realty

Last Buyer's Agent

Patrick O'Donnell

KW Coastal Estates License #01730848

KW Coastal Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,031

Year Built

  • Built in 1910

Lot Details

  • 7,083 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Grass Covered Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,872 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower

Pool

  • Spa

Utilities

  • Forced Air Heating System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-534-016-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,031

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 108
  • Listing Class: Residential
  • Structure Sq Ft: 2872
  • Year Built: 1910
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2872
  • Stories: 2
  • Security: Secured Garage / Parking
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Flooring: Hardwood
  • Additional Rooms: Office Area
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Stall Shower - 2+, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Pool Description: Spa / Hot Tub
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Fenced, Low Maintenance
  • Property Faces: North
  • Construction Type: Shingle, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Schools

  • School District: Pacific Grove Unified
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Level, Paved
  • Parcel Number: 006-534-016-000
  • Lot Acres: 0.1626
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7081.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7081.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Sep 10, 2018
Sold by
Thompson Ronald S and Thompson Barbara W
Bought by
Ross Jeffrey A and Ross Lesah S
Seller's Agent
Annette Boggs
Coldwell Banker Realty
Buyer's Agent
Patrick O'Donnell
KW Coastal Estates
List Price
$1,875,000
Sold Price
$1,725,000
Premium/Discount to List
-$150,000
-8%
Current Estimated Value
$2,297,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,010
Avg. Annual Appreciation
4.19%

Purchase Details

Listed on
Feb 20, 2012
Closed on
May 3, 2012
Sold by
Boscacci Allan J and Boscacci Patricia A
Bought by
Thompson Ronald S and Thompson Barbara W
Seller's Agent
Vicki Mitchell
Carmel Realty Company
Buyer's Agent
Christine Monteith
The Jones Group-Coast & Country Real Estate
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$600,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Boscacci Allan J and Boscacci Patricia J
Bought by
Boscacci Allan J and Boscacci Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2002
Sold by
Boscacci Allan J and Boscacci Patricia A
Bought by
Boscacci Allan J and Boscacci Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.25%

Purchase Details

Closed on
Feb 8, 2002
Sold by
Boscacci Allan J and Boscacci Patricia A
Bought by
Boscacci Allan J and Boscacci Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.25%

Purchase Details

Closed on
Oct 15, 2001
Sold by
Stitt Steven and Stitt Linda Kathleen
Bought by
Boscacci Allan J and Boscacci Patricia A

Purchase Details

Closed on
May 26, 2000
Sold by
Masteller Irene G
Bought by
Stitt Steven and Stitt Linda Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.18%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Masteller Irene G
Bought by
Masteller Irene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ross Jeffrey A $1,725,000 Chicago Title Co Salina
Thompson Ronald S -- First American Title Company
Boscacci Allan J -- First California Title Co
Boscacci Allan J -- --
Boscacci Allan J -- Chicago Title Co
Boscacci Allan J $975,000 First American Title
Stitt Steven $625,000 First American Title Co
Masteller Irene G -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Ronald S $600,000
Previous Owner Boscacci Allan J $682,500
Previous Owner Boscacci Allan J $682,500
Previous Owner Stitt Steven $400,000
Previous Owner Stitt Steven $350,000
Previous Owner Masteller Irene G $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $1,725,000 0.0% $601 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $1,725,000 -4.1% $601 / Sq Ft
06/11/2018 06/11/18 Price Changed $1,799,000 -4.1% $626 / Sq Ft
04/23/2018 04/23/18 For Sale $1,875,000 +63.0% $653 / Sq Ft
05/15/2012 05/15/12 Sold $1,150,000 -4.2% $400 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $1,200,000 -- $417 / 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 $20,031 $1,924,265 $892,413 $1,031,852
2024 $20,031 $1,886,535 $874,915 $1,011,620
2023 $20,285 $1,849,545 $857,760 $991,785
2022 $19,873 $1,813,281 $840,942 $972,339
2021 $19,848 $1,777,727 $824,453 $953,274
2020 $19,449 $1,759,500 $816,000 $943,500
2019 $18,830 $1,725,000 $800,000 $925,000
2018 $13,809 $1,269,487 $662,342 $607,145
2017 $13,584 $1,244,596 $649,355 $595,241
2016 $13,616 $1,220,193 $636,623 $583,570
2015 $13,395 $1,201,866 $627,061 $574,805
2014 $13,115 $1,178,324 $614,778 $563,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81702023

MLSListings

APN: 006-534-016-000