NOT LISTED FOR SALE

512 16th St Pacific Grove, CA 93950

Estimated Value: $1,613,000 - $2,077,000

3 Beds
2 Baths
1,800 Sq Ft
$994/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $1,100,000 $611 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,534/month

55 Days on Market

Highlights

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

About This Home

As of July 2019

Beautifully remodeled home conveniently located in the heart of Pacific Grove. Features include oak and travertine floors, high ceilings, and crown molding throughout. The large open kitchen is equipped with granite slab counters, high-end stainless steel appliances, and cherry cabinets. The upstairs master bedroom boasts a gas fireplace and an exquisite updated master bathroom. This is truly a must see home.

Last Agent to Sell the Property

Mark Ryan

Carmel Realty Company License #70000270 Listed on: 04/19/2019

Last Buyer's Agent

Jeffrey Crittenden

KW Bay Area Estates License #01372464

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,585

Year Built

  • Built in 1925

Lot Details

  • 4,199 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Back Yard Fenced
  • Zoning described as 1CRES

Parking

  • 1 Car Attached Garage

Home Design

  • Victorian Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 006-475-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,585

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian, Vintage
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 1800
  • Year Built: 1925
  • Zoning Description: 1CRES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1800
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub, Showers over Tubs - 2+, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block, Concrete Perimeter, Concrete Slab, Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Deck, Fenced, Outdoor Fireplace
  • Fencing: Fenced Back, Wood
  • Property Faces: East
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Forest Grove Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 559
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 006-475-010-000
  • Lot Acres: 0.0964
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4200.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Elementary School Text: Forest Grove Elementary
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 22, 2019
Sold by
Varnum Jeffrey C and Jeffrey And Doris Living Trust
Bought by
Solis Craig and Cafferata Chantelle
Seller's Agent
Mark Ryan
Carmel Realty Company
Buyer's Agent
Jeffrey Crittenden
KW Bay Area Estates
List Price
$1,185,000
Sold Price
$1,100,000
Premium/Discount to List
-$85,000
-7.17%
Current Estimated Value
$1,789,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,048
Avg. Annual Appreciation
8.15%
Original Mortgage
$560,000
Outstanding Balance
$490,610
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,298,438

Purchase Details

Closed on
Jan 8, 2018
Sold by
Varnum Jeffrey C
Bought by
Varnum Jeffrey C and Jeffrey And Doris

Purchase Details

Closed on
Dec 1, 2009
Sold by
Varnum Jeffrey C and Varnum Doris D
Bought by
Varnum Jeffrey C and Varnum Doris D

Purchase Details

Closed on
Jun 2, 2008
Sold by
Aurora Loan Services Llc
Bought by
Varnum Jeffery C and Varnum Doris D

Purchase Details

Closed on
Apr 11, 2008
Sold by
Brown James C and Brown Carol D
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 11, 2004
Sold by
Castanos Family 16Th Lp
Bought by
Brown James C and Brown Carol D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2002
Sold by
Altenburg Thomas and Altenberg Thomas
Bought by
Castanos Family 16Th Lp

Purchase Details

Closed on
Apr 2, 2002
Sold by
Olson Dwayne
Bought by
Castanos Family 16Th Lp

Purchase Details

Closed on
Apr 1, 2002
Sold by
Castanos Alexandra
Bought by
Castanos Family 16Th Lp

Purchase Details

Closed on
Dec 21, 2001
Sold by
Castanos Lorraine Margaret
Bought by
Olson Delia A and Olson Dwayne

Purchase Details

Closed on
Dec 26, 2000
Sold by
Castanos Lorraine Margaret
Bought by
Olson Delia A and Olson Dwayne

Purchase Details

Closed on
Dec 30, 1999
Sold by
Castanos Lorraine Margaret
Bought by
Olson Delia A and Olson Dwayne
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Solis Craig $1,100,000 Chicago Title Company Salina
Varnum Jeffrey C -- None Available
Varnum Jeffrey C -- None Available
Varnum Jeffrey C -- None Available
Varnum Jeffrey C -- None Available
Varnum Jeffery C $837,500 Fidelity National Title Co
Aurora Loan Services Llc $920,000 Accommodation
Brown James C $578,000 Stewart Title
Castanos Family 16Th Lp -- --
Castanos Family 16Th Lp -- --
Castanos Family 16Th Lp -- --
Castanos Family 16Th Lp -- --
Castanos Family 16Th Lp -- --
Castanos Family 16Th Lp -- --
Castanos Family 16Th Lp -- --
Olson Delia A -- --
Altenberg Lynn M -- --
Castanos Robert C -- --
Castanos Lorraine Margaret -- --
Olson Delia A -- --
Altenberg Lynn M -- --
Castanos Robert C -- --
Castanos Lorraine Margaret -- --
Olson Delia A -- --
Altenberg Lynn M -- --
Castanos Robert C -- --
Castanos Lorraine Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Craig $560,000
Previous Owner Brown James C $462,400
Closed Brown James C $57,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $1,100,000 -7.2% $611 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $1,185,000 -- $658 / 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 $12,585 $1,203,007 $710,868 $492,139
2024 $12,585 $1,179,420 $696,930 $482,490
2023 $12,765 $1,156,295 $683,265 $473,030
2022 $12,507 $1,133,623 $669,868 $463,755
2021 $12,443 $1,111,396 $656,734 $454,662
2020 $12,194 $1,100,000 $650,000 $450,000
2019 $10,692 $982,646 $647,642 $335,004
2018 $10,478 $963,380 $634,944 $328,436
2017 $10,307 $944,492 $622,495 $321,997
2016 $10,330 $925,974 $610,290 $315,684
2015 $10,163 $912,066 $601,123 $310,943
2014 $9,950 $894,201 $589,348 $304,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81747867

MLSListings

APN: 006-475-010-000