NOT LISTED FOR SALE

472 Asilomar Blvd Pacific Grove, CA 93950

Estimated Value: $1,542,000 - $1,874,000

2 Beds
1 Bath
945 Sq Ft
$1,789/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $2,970,000 $3,143 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $9,647/month

368 Days on Market

Highlights

  • Ocean View
  • 2.53 Acre Lot
  • Wood Flooring
  • Robert Down Elementary School Rated A
  • Vaulted Ceiling
  • Cottage

About This Home

As of October 2020

A unique offering of 2.38 acres in the Asilomar Dunes neighborhood. This historic two bedroom, one bath cottage is nestled in the pristine dunes that meet the pine groves of Pacific Grove. A street-to-street parcel situated near the coastal trail, Asilomar State Beach and out the back to the City of Pacific Grove. Escape to this rustic retreat to be rejuvenated by the raw environment. The current owners have investigated potential expansion and development of the site to retain the charm of this historic cottage while embracing a modern architecture that captures the coastal beauty and sweeping seascape vistas. The timing of those seeking a large coastal parcel is opportune.

Last Agent to Sell the Property

Bambace Peterson

Compass License #70010145 Listed on: 07/16/2019

Compass

Last Buyer's Agent

Bambace Peterson

Compass License #70010145 Listed on: 07/16/2019

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,178

Year Built

  • 1920

Lot Details

  • 2.53 Acre Lot
  • Southwest Facing Home
  • Partially Fenced Property
  • Fenced Front Yard
  • Wood Fence
  • Gentle Sloping Lot

Parking

  • 6 Parking Spaces

Property Views

  • Ocean
  • Bay
  • Forest

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Utilities

  • Wall Furnace
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,178

Year Built

1920

Lot Details

0

Listing Details

  • Zoning: Residential
  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 100
  • Listing Class: Residential
  • Structure Sq Ft: 945
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room, No Informal Dining Room
  • Kitchen: Oven - Gas
  • Fireplace: Yes
  • Living Sq Ft: 945
  • Stories: 1
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Roof: Composition, Shingle
  • View: Bay, Forest / Woods, Ocean
  • Fencing: Fenced Front, Partial Fencing, Wood
  • Property Faces: Southwest
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Robert Down Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 563
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 2.5300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 110206.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 110206.80

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 27, 2020
Sold by
Edelweiss Property Sa
Bought by
Gilman Charles Thomas and Gilman Laura Leigh
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
Bambace Peterson
Compass
List Price
$2,995,000
Sold Price
$2,970,000
Premium/Discount to List
-$25,000
-0.83%
Current Estimated Value
$1,658,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,312,000
Avg. Annual Appreciation
-10.35%

Purchase Details

Closed on
Jun 2, 2010
Sold by
Sonderegger Md Charles B
Bought by
Edelweiss Property Sa

Purchase Details

Closed on
Jun 5, 2009
Sold by
Mckaig Dorothy L
Bought by
Mckaig Sheila
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
Gilman Charles Thomas $2,970,000 First American Title Company
Edelweiss Property Sa $1,000,000 Chicago Title Company
Mckaig Sheila -- Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $2,970,000 -0.8% $3,143 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/16/2019 07/16/19 For Sale $2,995,000 -- $3,169 / 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 $10,178 $974,188 $974,188 --
2024 $10,178 $955,087 $955,087 --
2023 $10,312 $936,360 $936,360 $0
2022 $10,103 $918,000 $918,000 --
2021 $10,052 $900,000 $900,000 $0
2020 $13,028 $1,180,290 $1,180,290 $0
2019 $12,613 $1,157,148 $1,157,148 $0
2018 $12,359 $1,134,459 $1,134,459 $0
2017 $12,158 $1,112,215 $1,112,215 $0
2016 $12,189 $1,090,407 $1,090,407 $0
2015 -- $1,074,029 $1,074,029 $0
2014 -- $1,052,991 $1,052,991 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81797001

MLSListings

APN: 007-072-025-000