NOT LISTED FOR SALE

416 Gibson Ave Pacific Grove, CA 93950

Estimated Value: $1,403,852 - $2,071,000

3 Beds
2 Baths
1,495 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $695,000 $465 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $8,652/month

48 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Wood Flooring
  • Robert Down Elementary School Rated A
  • Living Room with Fireplace
  • 2-minute walk to Caterpillar Park

About This Home

As of January 2014

Quintessential PG cottage...but much larger than most & located in one of the most charming neighborhoods on the Peninsula*Approx 1500sf,3 bdrooms/2 bths, separate living & family rooms, spacious dining room*Large 5400sf street to alley lot w/ 1 car garage--possible 2 car if wanted*Sunny backyard w/ 2 yr old deck,newer roof,fresh paint*Move in today, maybe remodel later-don't wait long to see it*

Last Agent to Sell the Property

Peggy Jones

The Jones Group-Coast & Country Real Estate License #01299648 Listed on: 10/18/2013

Last Buyer's Agent

Ed Gory

Golden Gate Sotheby's International Realty License #01470796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,562

Year Built

  • Built in 1932

Lot Details

  • Security Fence
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 006-532-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,562

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 82
  • Sale Price Per Sq Ft: 464.88
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1495
  • Incorporated: Yes
  • Map Book Page: 80
  • Map Side Coordinate: 2
  • Map Top Coordinate: F
  • Thomas Bros Page: 80
  • Thomas Brothers: F2
  • Year Built: 1932
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Garbage Disposal, Refrigerator, Oven Range - Built-In
  • Living Sq Ft: 1495
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Area, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: BBQ Area, Deck, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Access - Alley, Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

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
  • Parcel Number: 006-532-012
  • List Price per Sq Ft: 475.59
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5400.00
  • Lot Size Area Min Search: 5400.00
  • Maximum Lot Size: 5400.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Unknown, Low Flow Shower, Low Flow Toilet

Multi Family

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

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

Closed on
Sep 29, 2016
Sold by
Bird Daniel and Bird Catherine Lee
Bought by
Bird Daniel R and Bird Catherine Lee
Current Estimated Value
$1,434,603

Purchase Details

Listed on
Oct 18, 2013
Closed on
Dec 23, 2013
Sold by
Thomas Debra L
Bought by
Bird Daniel and Bird Catherine Lee
Seller's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
Buyer's Agent
Ed Gory
Golden Gate Sotheby's International Realty
List Price
$719,000
Sold Price
$695,000
Premium/Discount to List
-$24,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$483,000
Outstanding Balance
$346,611
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,106,683

Purchase Details

Closed on
Jun 12, 2008
Sold by
Thomas Debra L
Bought by
Thomas Debra L and Thomas Provo Living Trust

Purchase Details

Closed on
Jul 5, 2007
Sold by
Provo Daniel J and Thomas Debra L
Bought by
Provo Daniel James and Thomas Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
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
Bird Daniel R -- None Available
Bird Daniel $695,000 Chicago Title Company
Thomas Debra L -- None Available
Provo Daniel James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Daniel $483,000
Previous Owner Provo Daniel J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $695,000 -2.3% $465 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
11/20/2013 11/20/13 Price Changed $711,000 -1.1% $476 / Sq Ft
10/18/2013 10/18/13 For Sale $719,000 -- $481 / 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 $9,562 $913,167 $612,928 $300,239
2024 $9,562 $895,262 $600,910 $294,352
2023 $9,050 $878,885 $589,128 $289,757
2022 $8,867 $802,829 $577,577 $225,252
2021 $8,822 $787,088 $566,252 $220,836
2020 $8,645 $779,018 $560,446 $218,572
2019 $8,370 $763,744 $549,457 $214,287
2018 $8,204 $748,770 $538,684 $210,086
2017 $8,071 $734,089 $528,122 $205,967
2016 $8,091 $719,696 $517,767 $201,929
2015 $7,960 $708,886 $509,990 $198,896
2014 $4,707 $416,457 $191,344 $225,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81338358

MLSListings

APN: 006-532-012-000