NOT LISTED FOR SALE

441 Central Ave Pacific Grove, CA 93950

Estimated Value: $1,174,000 - $1,325,450

Studio
2 Baths
1,002 Sq Ft
$1,279/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $500,000 $499 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $7,133/month

Highlights

  • Laundry Facilities
  • Carpet
  • 3-minute walk to Berwick Park
  • Robert Down Elementary School Rated A
  • 1-Story Property

About This Home

As of November 2012

This home is located at 441 Central Ave, Pacific Grove, CA 93950 since 30 October 2012 and is currently estimated at $1,281,363, approximately $1,278 per square foot. This property was built in 1910. 441 Central Ave is a home located in Monterey County with nearby schools including Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

Last Agent to Sell the Property

Piper Loomis

Sotheby’s International Realty License #01867933 Listed on: 10/30/2012

Last Buyer's Agent

Piper Loomis

Sotheby’s International Realty License #01867933 Listed on: 10/30/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 0.8

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Carpet

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Building Details

  • Insurance Expense $500
  • Maintenance Expense $500
  • Utility Expense $200
  • Trash Expense $150
  • Operating Expense $6,471
  • Gross Income $18,000

Additional Features

  • 1,002 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0.8 Acres

Listing Details

  • Zoning: r1
  • Subclass: Duplex
  • Sale Price Per Sq Ft: 499.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 1002
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • High School: 560

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3518.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3518.00
  • Lot Size Area Min Search: 3518.00
  • Maximum Lot Size: 3518.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.17

Multi Family

  • Expense Insurance: 500
  • Expense Maintenance: 500
  • Expenses Total: 6471
  • Expenses Utility: 200
  • Expense Trash: 150
  • Expense Water Sewer: 350
  • Income Annual Gross: 18000.00
  • Income Annual Rental: 18000
  • Income Gross Scheduled: 18000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2012
Closed on
Nov 14, 2012
Sold by
Ross Wayne J and Ross Jennifer D
Bought by
Kay Robert G and Kay Judith A
Seller's Agent
Piper Loomis
Sotheby’s International Realty
Buyer's Agent
Piper Loomis
Sotheby’s International Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$1,281,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,363
Avg. Annual Appreciation
7.32%
Original Mortgage
$200,000
Outstanding Balance
$137,876
Interest Rate
3.34%
Mortgage Type
Seller Take Back
Estimated Equity
$1,143,487

Purchase Details

Closed on
Jan 18, 2002
Sold by
Ross Wayne J and Ross Jennifer D
Bought by
Ross Wayne J and Ross Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,700
Interest Rate
7.11%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Ross Wayne J and Ross Jennifer D
Bought by
Ross Wayne J and Ross Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.9%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Jones Lauryn L
Bought by
Ross Wayne J and Ross Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.9%

Purchase Details

Closed on
Nov 6, 1997
Sold by
Parley Michael D
Bought by
Jones Lauryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.3%

Purchase Details

Closed on
Nov 1, 1994
Sold by
Ramirez Marie
Bought by
Parley Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
8.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kay Robert G $500,000 Chicago Title Company
Ross Wayne J -- Old Republic Title Company
Ross Wayne J -- Old Republic Title Company
Ross Wayne J -- --
Ross Wayne J $385,000 Stewart Title
Jones Lauryn L $276,000 Stewart Title
Parley Michael D $187,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay Robert G $200,000
Previous Owner Ross Wayne J $237,700
Previous Owner Ross Wayne J $240,000
Previous Owner Jones Lauryn L $214,600
Previous Owner Parley Michael D $128,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2012 11/19/12 Sold $500,000 -4.8% $499 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $525,000 -- $524 / Sq Ft
Source: MLSListings

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 $6,470 $615,706 $492,568 $123,138
2024 $6,470 $603,634 $482,910 $120,724
2023 $6,576 $591,799 $473,442 $118,357
2022 $6,443 $580,196 $464,159 $116,037
2021 $6,410 $568,820 $455,058 $113,762
2020 $6,283 $562,988 $450,392 $112,596
2019 $6,084 $551,950 $441,561 $110,389
2018 $5,964 $541,128 $432,903 $108,225
2017 $5,868 $530,518 $424,415 $106,103
2016 $5,882 $520,117 $416,094 $104,023
2015 $5,787 $512,305 $409,844 $102,461
2014 $5,667 $502,270 $401,816 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81239438

MLSListings

APN: 006-193-002-000

Your Personal Tour Guide

Ask me questions while you tour the home.