Seller's Agent in 2020
Malone Hodges
Carmel Realty Company
(831) 601-4740
1 in this area
46 Total Sales
505 Monterey Ave Pacific Grove, CA 93950
Estimated Value: $1,615,000 - $1,670,509
5
Beds
2
Baths
1,789
Sq Ft
$918/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Bathroom on Main Level
- Robert Down Elementary School Rated A
- 1 Car Detached Garage
- 4-minute walk to Caterpillar Park
About This Home
As of September 2020Opportunity knocks in this charming Pacific Grove duplex! Set in a quiet, yet central part of town, your dream duplex awaits. Downstairs has been renovated to exude the charm that is Pacific Grove. The unit offers three bedrooms and one bathroom spread across approximately 968 square feet with period pieces throughout. Upstairs you'll find peaks of the ocean in the two bedroom one bathroom unit at approximately 800 square feet. Two sets of washers in the separate laundry room and two separate utility meters add additional value. A quarter of a mile to downtown Pacific Grove, and less than a mile to the Monterey Bay Aquarium and Cannery Row, this is the investment and/or residence you've been waiting for! To see a virtual tour of this property, please copy and paste this into your web browser - www.PGDuplex.com Please visit https://bit.ly/crccovidplan for the CRC Prevention Plan.
Last Agent to Sell the Property
Carmel Realty Company License #01471087 Listed on: 01/07/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,140
Year Built
- 1912
Lot Details
- 3,598 Sq Ft Lot
- West Facing Home
Parking
- 1 Car Detached Garage
Home Design
- Composition Roof
Interior Spaces
- 1,789 Sq Ft Home
- 2-Story Property
- Dining Area
- Crawl Space
- Washer and Dryer
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2020
Closed on
Sep 8, 2020
Sold by
Gray Michael D and Gray Amy L
Bought by
Avila Duart and Avila Michelle
Seller's Agent
Malone Hodges
Carmel Realty Company
Buyer's Agent
Monterey Peninsula Home Team
KW Coastal Estates
List Price
$1,295,000
Sold Price
$1,085,000
Premium/Discount to List
-$210,000
-16.22%
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
$557,755
Avg. Annual Appreciation
8.67%
Original Mortgage
$650,800
Outstanding Balance
$580,159
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,062,596
Purchase Details
Closed on
Jun 7, 2017
Sold by
Gray Michael D
Bought by
Gray Michael D and Gray Amy L
Purchase Details
Listed on
Oct 7, 2015
Closed on
Mar 15, 2016
Sold by
Bolton Peter S and Zeitlin Marsha
Bought by
Gray Michael D
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$879,000
Sold Price
$857,000
Premium/Discount to List
-$22,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$642,750
Interest Rate
2.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 3, 2015
Sold by
Bolton Peter S and Zeitlin Marsha
Bought by
The Bolton Zeitlin Living Trust
Purchase Details
Closed on
Aug 17, 2010
Sold by
Zeitlin Marsha Ann
Bought by
Bolton Peter S and Zeitlin Marsha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.33%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 12, 2009
Sold by
Zeitlin Marsha Ann
Bought by
Zeitlin Marsha Ann
Purchase Details
Closed on
Jan 19, 2007
Sold by
Zeitlin Helen R
Bought by
Zeitlin Helen R and Helen R Zeitlin Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.1%
Mortgage Type
Commercial
Purchase Details
Closed on
May 12, 2006
Sold by
Zeitlin Helen R
Bought by
Zeitlin Helen R and Helen R Zeitlin Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,000
Interest Rate
2%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 13, 2006
Sold by
Forney Mei Ying F
Bought by
Zeitlin Helen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,000
Interest Rate
2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 16, 2005
Sold by
Parker Lieselotte
Bought by
Forney Mei Ying F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 17, 2001
Sold by
Parker Lieselotte
Bought by
Parker Lieselotte and The Lieselotte Parker Living Trust
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avila Duart | $1,085,000 | Chicago Title Company | |
| Gray Michael D | -- | None Available | |
| Gray Michael D | $857,000 | First American Title Company | |
| The Bolton Zeitlin Living Trust | -- | None Available | |
| Bolton Peter S | -- | Old Republic Title Company | |
| Zeitlin Marsha Ann | -- | None Available | |
| Zeitlin Helen R | -- | Accommodation | |
| Zeitlin Helen R | -- | Old Republic Title Company | |
| Zeitlin Helen R | -- | None Available | |
| Zeitlin Helen R | $987,000 | Stewart Title Of Ca Inc | |
| Forney Mei Ying F | $850,000 | Stewart Title | |
| Forney Mei Ying F | -- | Stewart Title | |
| Parker Lieselotte | -- | -- | |
| Parker Lieselotte | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avila Duart | $650,800 | |
| Previous Owner | Gray Michael D | $642,750 | |
| Previous Owner | Bolton Peter S | $235,000 | |
| Previous Owner | Zeitlin Helen R | $250,000 | |
| Previous Owner | Zeitlin Helen R | $787,000 | |
| Previous Owner | Forney Mei Ying F | $595,000 | |
| Previous Owner | Parker Lieselotte | $200,000 | |
| Previous Owner | Parker Lieselotte | $100,000 | |
| Closed | Forney Mei Ying F | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2020 09/11/20 | Sold | $1,085,000 | -16.2% | $606 / Sq Ft |
| 08/07/2020 08/07/20 | Pending | -- | -- | -- |
| 01/07/2020 01/07/20 | For Sale | $1,295,000 | +51.1% | $724 / Sq Ft |
| 04/01/2016 04/01/16 | Sold | $857,000 | -2.5% | $475 / Sq Ft |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- |
| 12/14/2015 12/14/15 | For Sale | $879,000 | 0.0% | $488 / Sq Ft |
| 12/03/2015 12/03/15 | Pending | -- | -- | -- |
| 11/21/2015 11/21/15 | Price Changed | $879,000 | -2.2% | $488 / Sq Ft |
| 10/07/2015 10/07/15 | For Sale | $899,000 | -- | $499 / 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 | $13,140 | $1,252,371 | $649,458 | $602,913 |
| 2024 | $13,140 | $1,227,816 | $636,724 | $591,092 |
| 2023 | $13,315 | $1,203,742 | $624,240 | $579,502 |
| 2022 | $13,046 | $1,180,140 | $612,000 | $568,140 |
| 2021 | $12,181 | $1,154,000 | $600,000 | $554,000 |
| 2020 | $10,331 | $927,643 | $541,216 | $386,427 |
| 2019 | $9,928 | $909,454 | $530,604 | $378,850 |
| 2018 | $9,731 | $891,622 | $520,200 | $371,422 |
| 2017 | $9,572 | $874,140 | $510,000 | $364,140 |
| 2016 | $9,593 | $850,000 | $474,000 | $376,000 |
| 2015 | $8,692 | $770,000 | $429,000 | $341,000 |
| 2014 | $7,670 | $679,000 | $378,000 | $301,000 |
Source: Public Records
Agents Affiliated with this Home
-
Malone Hodges
-
Devon Meeker
D
Seller Co-Listing Agent in 2020
Devon Meeker
Monterey Coast Realty
(831) 238-9820
5 in this area
57 Total Sales
-
Monterey Peninsula Home Team
Buyer's Agent in 2020
Monterey Peninsula Home Team
KW Coastal Estates
(831) 917-8190
27 in this area
183 Total Sales
-
B
Seller's Agent in 2016
Becky Jones
Shankle Real Estate
Map
Source: MLSListings
MLS Number: ML81778355
APN: 006-495-012-000
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