NOT LISTED FOR SALE

450 Pine Ave Pacific Grove, CA 93950

Estimated Value: $1,619,379 - $1,668,000

3 Beds
1.5 Baths
1,740 Sq Ft
$944/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $1,120,000 $644 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,723/month

2 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • Mediterranean Architecture
  • Robert Down Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Caterpillar Park

About This Home

As of September 2018

Charming Mediterranean home, built in 1927, with pretty blue Bay views from breakfast room & master bedroom*Situated on a 5400 sf corner lot in an easy walk to town & water location*Great floorplan w/ oversize living room featuring a gorgeous stone-faced fireplace, built-ins & hardwood floors opening into the formal dining room w/ enough space for the entire family/big holiday get-togethers*The adjacent kitchen is light & bright, featuring a gas range, extra storage/pantry, newer Pella dbl pane windows & cozy Bay view breakfast space or perfect spot for an evening glass of wine*Bedrooms are on the other side of the home-2 bedrooms & an oversize master bedroom in the back with a great Bay view*Spacious full bathroom with separate stall shower & tub*Features also include a nice 1/2 bath, a completely upgraded detached garage off of 12th St, a private sunny back yard, a wonderful spacious basement with storage galore & laundry, & the private enclosed front courtyard, & more & more & more!

Last Agent to Sell the Property

Peggy Jones

The Jones Group-Coast & Country Real Estate License #01299648 Listed on: 08/23/2018

Last Buyer's Agent

Annette Boggs

Coldwell Banker Realty License #01317801

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,068

Year Built

  • Built in 1927

Lot Details

  • 5,401 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wine Cellar
  • Breakfast Room
  • Formal Dining Room
  • Bay Views
  • Unfinished Basement
  • Sump Drainage
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 006-277-007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,068

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 1740
  • Year Built: 1927
  • Zoning Description: SFR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Exhaust Fan, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1740
  • Stories: 1
  • Security: Secured Garage / Parking
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Flat / Low Pitch, Tile
  • View: Bay
  • Yard/Grounds: Back Yard, Courtyard, Fenced
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, On Street

Utilities

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

Schools

  • High School: 560

Lot Info

  • Parcel Number: 006-277-007-000
  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Elementary School Text: Robert Down Elementary
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 6, 2018
Sold by
Cordova Darrell R and Cordova Norma M
Bought by
Bassani Joseph A and Bassani Christina L
Seller's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
Buyer's Agent
Annette Boggs
Coldwell Banker Realty
List Price
$1,115,000
Sold Price
$1,120,000
Premium/Discount to List
$5,000
0.45%
Current Estimated Value
$1,649,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,581
Avg. Annual Appreciation
5.53%
Original Mortgage
$999,000
Outstanding Balance
$869,393
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$773,952

Purchase Details

Listed on
Jun 17, 2017
Closed on
Oct 11, 2017
Sold by
Yoshinobu Lauren
Bought by
Cordova Darrell R and Cordova Norma M
Seller's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
Buyer's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
List Price
$1,029,000
Sold Price
$955,000
Premium/Discount to List
-$74,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.69%
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
Bassani Joseph A $1,120,000 Chicago Title Co
Cordova Darrell R $955,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassani Joseph A $999,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $1,120,000 +0.4% $644 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $1,115,000 +16.8% $641 / Sq Ft
10/17/2017 10/17/17 Sold $955,000 -3.3% $553 / Sq Ft View Prior Sale
08/20/2017 08/20/17 Pending -- -- --
08/02/2017 08/02/17 Price Changed $988,000 -4.0% $572 / Sq Ft
06/17/2017 06/17/17 For Sale $1,029,000 -- $596 / 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 $13,068 $1,249,376 $780,861 $468,515
2024 $13,068 $1,224,879 $765,550 $459,329
2023 $13,253 $1,200,863 $750,540 $450,323
2022 $12,984 $1,177,318 $735,824 $441,494
2021 $12,918 $1,154,235 $721,397 $432,838
2020 $12,659 $1,142,400 $714,000 $428,400
2019 $12,257 $1,120,000 $700,000 $420,000
2018 $10,463 $955,000 $650,000 $305,000
2017 $931 $74,779 $25,681 $49,098
2016 $855 $73,314 $25,178 $48,136
2015 $841 $72,213 $24,800 $47,413
2014 $824 $70,800 $24,315 $46,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81720291

MLSListings

APN: 006-277-007-000