NOT LISTED FOR SALE

491 Grove Acre Ave Pacific Grove, CA 93950

Estimated Value: $1,784,000 - $2,267,139

4 Beds
2 Baths
1,766 Sq Ft
$1,105/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2023

Last sale price $1,900,000 $1,076 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,166 / mo

5 Days on Market

Highlights

  • 0.3 Acre Lot
  • Skylights in Kitchen
  • Eat-In Kitchen
  • Robert Down Elementary School Rated A
  • 2 Car Attached Garage
  • Bay Window

About This Home

As of November 2023

Picture this. You are just a leisurely stroll away from the awe-inspiring sunsets of Asilomar Beach. You can even hear the waves. Nestled on an expansive 13,000 square foot lot on a serene street of homes with room to breathe - a prized setting in Pacific Grove. The residence itself offers a single-story open-concept layout with 4 bedrooms & 2 bathrooms. Additional features include a spacious 2-car garage, an enchanted garden with a private hot tub area cascading with wisteria, and naturally landscaped surroundings. Numerous skylights, windows, French doors & bright interior welcome the light throughout the home. New LVP flooring throughout combines coastal design with everyday living. The icing on the cake is the fully permitted 412 sq ft ADU/cottage in the backyard. This charming cottage comes complete with its own kitchen, living room, bedroom, bathroom, laundry, deck, & yard area, offering many possibilities for guests or renters. Welcome to your Grove Acre coastal getaway.

Last Agent to Sell the Property

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 10/19/2023

Last Buyer's Agent

Cory Otterness

KW Coastal Estates License #02016158

KW Coastal Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 12,998 Sq Ft Lot
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as R-1-B-3

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Gas Fireplace
  • Bay Window
  • Garden Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Shed
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-432-044-000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1766
  • Year Built: 1962
  • Zoning Description: R-1-B-3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Freezer, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 1766
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Storage Shed / Structure
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, Skylight, Walk-in Closet

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-432-044-000
  • Lot Acres: 0.2984
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 9, 2023
Sold by
Bought by
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Cory Otterness
KW Coastal Estates
List Price
$1,850,000
Sold Price
$1,900,000
Premium/Discount to List
$50,000
2.7%
Views
61
Current Estimated Value
$1,951,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,535
Avg. Annual Appreciation
1.03%
Original Mortgage
$275,000
Outstanding Balance
$270,194
Interest Rate
7.49%
Estimated Equity
$1,681,341

Purchase Details

Closed on
Aug 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.19%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.38%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 Old Republic Title Company
-- --
-- Stewart Title
-- Stewart Title
-- Stewart Title
-- --
-- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Closed $275,000
Previous Owner $125,000
Previous Owner $100,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $1,900,000 +2.7% $1,076 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,850,000 -- $1,048 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,249 $1,938,000 $994,500 $943,500
2024 $20,249 $1,900,000 $975,000 $925,000
2023 $2,382 $1,900,000 $975,000 $925,000
2022 $2,334 $208,874 $46,060 $162,814
2021 $2,321 $204,779 $45,157 $159,622
2020 $2,275 $202,680 $44,694 $157,986
2019 $2,204 $198,707 $43,818 $154,889
2018 $2,162 $194,811 $42,959 $151,852
2017 $2,127 $190,992 $42,117 $148,875
2016 $2,129 $187,248 $41,292 $145,956
2015 $2,095 $184,436 $40,672 $143,764
2014 $2,051 $180,824 $39,876 $140,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81945487

MLSListings

APN: 006-432-044-000

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