NOT LISTED FOR SALE

501 Forest Ave Pacific Grove, CA 93950

3 Beds
3.5 Baths
2,335 Sq Ft
3,859 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $1,646,285 $705 Per Sq Ft

170 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Robert Down Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Caterpillar Park

About This Home

As of April 2024

Nestled in the heart of the charming coastal town of Pacific Grove, this lovely home provides space and modern amenities just a few blocks from downtown, the rec trail and everything P.G. has to offer. Soaring ceilings, crown molding and beautiful wood floors. A fireplace connects the living and dining rooms and kitchen creating an open atmosphere. The kitchen boasts a gas range, breakfast bar and large sink with window above that provides natural light and a view to the back patio. Main floor bedroom, full bathroom, and laundry. Upper level features a large primary suite with fireplace and bathroom with jetted tub, large shower, and double sinks with balconies off both the bathroom and bedroom, a second ensuite bedroom with abundant storage, hall bath plus an open space ideal for work, play or exercise. Finished 2-car garage/bonus room with high ceiling, crown molding, recessed lights and a ceiling fan. Sit on the back patio and enjoy the coastal climate in the low maintenance yard.

Last Agent to Sell the Property

Mark Trapin

Sotheby’s International Realty License #01233599 Listed on: 09/06/2023

Sotheby’s International Realty

Co-Listed By

Robin Anderson

Sotheby’s International Realty License #01518311

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,734

Year Built

  • Built in 1955

Lot Details

  • 3,859 Sq Ft Lot
  • Gated Home
  • Back Yard Fenced
  • Grass Covered Lot
  • Zoning described as R 4

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,335 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-487-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,734

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 2335
  • Year Built: 1955
  • Zoning Description: R 4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Family Room, Gas Log, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2335
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Primary - Tub with Jets, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, BBQ Area, Fenced, Low Maintenance
  • Fencing: Fenced Back, Gate
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 006-487-001-000
  • Lot Acres: 0.0886
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3859.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3859.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Berlin Annie
Bought by
Annie Berlin 2006 Revocable Trust and Berlin

Purchase Details

Listed on
Sep 6, 2023
Closed on
Mar 25, 2024
Sold by
Martin David W
Bought by
Berlin Priscaro Trust and Berlin
Seller's Agent
Mark Trapin
Sotheby’s International Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$1,875,000
Sold Price
$1,646,285
Premium/Discount to List
-$228,715
-12.2%
Views
757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.82%

Purchase Details

Closed on
Sep 8, 2022
Sold by
C & H Trust Deed Service
Bought by
Silveira Family 2006 Revocable Trust

Purchase Details

Closed on
Feb 5, 2021
Sold by
Silveira Maria Manuela and Silveira Manuela
Bought by
Silveira Maria Manuela and Silveira Family 2006 Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2020
Sold by
Silveira Maria Manuela
Bought by
Silveira Manuela and Silveira Family 2006 Revocable

Purchase Details

Closed on
Jul 26, 2011
Sold by
Santa Barbara Bank & Trust Na
Bought by
Silveria Maria Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Compagno Ben J and Compagno Deborah E
Bought by
Santa Barbara & Trust

Purchase Details

Closed on
May 13, 2005
Sold by
Fre 201 Llc
Bought by
Compagno Ben J and Compagno Deborah E

Purchase Details

Closed on
Jan 7, 2005
Sold by
Pemberton Betty N
Bought by
Fre 201 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 1997
Sold by
Pemberton Betty and Sirakusoff Anna
Bought by
Pemberton Betty
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
Annie Berlin 2006 Revocable Trust -- None Listed On Document
Annie Berlin 2006 Revocable Trust -- None Listed On Document
Berlin Priscaro Trust $1,646,500 Chicago Title
Silveira Family 2006 Revocable Trust $466,000 --
Silveira Maria Manuela -- Lawyers Title
Silveira Manuela -- None Available
Silveria Maria Manuela $679,000 North American Title Co Inc
Santa Barbara & Trust $748,000 First American Title Ins Co
Compagno Ben J -- Stewart Title
Fre 201 Llc -- Stewart Title
Pemberton Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silveira Maria Manuela $190,000
Previous Owner Silveria Maria Manuela $543,200
Previous Owner Compagno Ben J $588,957
Previous Owner Compagno Ben J $942,500
Previous Owner Fre 201 Llc $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $1,646,285 -5.9% $705 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
11/06/2023 11/06/23 Price Changed $1,749,000 -2.6% $749 / Sq Ft
10/10/2023 10/10/23 Price Changed $1,795,000 -4.3% $769 / Sq Ft
09/06/2023 09/06/23 For Sale $1,875,000 -- $803 / 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 $16,734 $1,679,210 $969,000 $710,210
2024 $16,734 $1,565,700 $816,000 $749,700
2023 $23,141 $1,535,000 $800,000 $735,000
2022 $9,884 $803,661 $473,441 $330,220
2021 $9,706 $787,904 $464,158 $323,746
2020 $9,516 $779,826 $459,399 $320,427
2019 $8,999 $764,537 $450,392 $314,145
2018 $8,254 $749,547 $441,561 $307,986
2017 $8,120 $734,851 $432,903 $301,948
2016 $8,140 $720,443 $424,415 $296,028
2015 $8,009 $709,622 $418,040 $291,582
2014 $7,843 $695,723 $409,852 $285,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81940935

MLSListings

APN: 006-487-001-000