C
Seller's Agent in 2025
Canning Properties
Sotheby’s International Realty
(831) 238-5535
14 in this area
199 Total Sales
461 Gibson Ave Pacific Grove, CA 93950
3
Beds
1
Bath
1,197
Sq Ft
5,702
Sq Ft Lot
Highlights
- Wine Cellar
- Wood Flooring
- High Ceiling
- Robert Down Elementary School Rated A
- Spanish Architecture
- 2-minute walk to Caterpillar Park
About This Home
As of April 2025Fall in love with this charming Pacific Grove bungalow, where Spanish Revival influences meet Art Deco flair. Nestled on a coveted street-to-alley lot, this inviting home puts you just moments from downtown and the sparkling Monterey Bay. With three bedrooms, one bath, and extra water credits for future possibilities, theres room to dream. The detached one-car garage adds convenience, while period details bring timeless character. Step into the delightful backyard perfect for relaxing, entertaining, or even potentially expanding with an ADU. A rare chance to own a piece of Pacific Groves storybook charm in an unbeatable sought-after location!
Last Agent to Sell the Property
Sotheby’s International Realty License #70010029 Listed on: 02/25/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1935
Lot Details
- 5,702 Sq Ft Lot
- Northeast Facing Home
- Sprinkler System
- Mostly Level
- Back Yard Fenced
Parking
- 1 Car Detached Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Spanish Architecture
- Bungalow
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 1,197 Sq Ft Home
- 1-Story Property
- High Ceiling
- Wood Burning Fireplace
- Wine Cellar
- Living Room with Fireplace
- Formal Dining Room
- Storage Room
- Utility Room
- Alarm System
Kitchen
- Eat-In Kitchen
- Gas Oven
- Formica Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
- Low Flow Toliet
- Bathtub with Shower
- Bathtub Includes Tile Surround
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Balcony
- Barbecue Area
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 006-536-007-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Apr 10, 2025
Sold by
Laurel Jaques Trust and Jaques Laurel
Bought by
Brad And Tamara Rieser Family Trust and Rieser
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Pete Ruiz
Keller Williams Realty
List Price
$1,398,000
Sold Price
$1,170,000
Premium/Discount to List
-$228,000
-16.31%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,151
Avg. Annual Appreciation
3.14%
Purchase Details
Closed on
Nov 26, 2019
Sold by
Jaques Laurel
Bought by
Jaques Laurel and Laurel Jaques Trust
Purchase Details
Closed on
Sep 11, 2002
Sold by
Johnston Ronald C and Johnston Linda L
Bought by
Jaques Laurel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
6%
Purchase Details
Closed on
Jan 15, 1997
Sold by
Robertson Cheryl A
Bought by
Johnston Ronald C and Johnston Linda L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.58%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,170,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | North American Title | |
| Grant Deed | $240,000 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $386,250 | No Value Available | |
| Previous Owner | $192,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $1,170,000 | -6.3% | $977 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | Price Changed | $1,249,000 | -6.0% | $1,043 / Sq Ft |
| 03/13/2025 03/13/25 | Price Changed | $1,329,000 | -4.9% | $1,110 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $1,398,000 | -- | $1,168 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $7,744 | $745,902 | $651,767 | $94,135 |
| 2024 | $7,744 | $731,278 | $638,988 | $92,290 |
| 2023 | $7,842 | $716,940 | $626,459 | $90,481 |
| 2022 | $7,682 | $702,883 | $614,176 | $88,707 |
| 2021 | $7,641 | $689,102 | $602,134 | $86,968 |
| 2020 | $7,487 | $682,037 | $595,960 | $86,077 |
| 2019 | $7,248 | $668,665 | $584,275 | $84,390 |
| 2018 | $7,103 | $655,555 | $572,819 | $82,736 |
| 2017 | $6,986 | $642,702 | $561,588 | $81,114 |
| 2016 | $7,001 | $630,101 | $550,577 | $79,524 |
| 2015 | $6,336 | $571,000 | $499,000 | $72,000 |
| 2014 | $5,827 | $526,000 | $460,000 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
Canning Properties
-
Pete Ruiz
Buyer's Agent in 2025
Pete Ruiz
Keller Williams Realty
(831) 277-8712
41 in this area
445 Total Sales
Map
Source: MLSListings
MLS Number: ML81995394
APN: 006-536-007-000
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