$1,055,000
SOLD OCT 28, 2024

516 12th St Pacific Grove, CA 93950

2 Beds
1 Bath
773 Sq Ft
1,799 Sq Ft Lot

Recently Sold

$1,365 Per Sq Ft

10% Below List Price

98 Days on Market

Highlights

  • Wood Flooring
  • Marble Countertops
  • Cottage
  • Robert Down Elementary School Rated A
  • Neighborhood Views
  • 1-minute walk to Caterpillar Park

About This Home

As of October 2024

Experience the tranquility of this idyllic coastal cottage! Located just a few blocks from downtown and the beach, this turnkey 2 bedroom 1 bathroom home features stunning marble countertops, bamboo flooring and abundant natural light. The charming, low maintenance yard will allow you to spend more time enjoying the beaches, shops, restaurants and other unique attractions of Pacific Grove. With ample storage space and updated electric and plumbing systems, this home offers comfort and convenience.

Last Agent to Sell the Property

Alisa DeZee

Sotheby’s International Realty License #01900501 Listed on: 06/20/2024

Sotheby’s International Realty

Last Buyer's Agent

Cary Simpson DRE #01772443

Sotheby’s International Realty License #01772443

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,553

Year Built

  • Built in 1938

Lot Details

  • 1,799 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 773 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 006-485-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,553

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 773
  • Incorporated: Yes
  • Year Built: 1938
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Marble, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 773
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (220V), Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Regular
  • Parcel Number: 006-485-006-000
  • Lot Acres: 0.0413
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1800.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Oct 21, 2024
Sold by
Bundtzen Living Trust and Bundtzen David
Bought by
Giles Scott Alan and Giles Kathleen Baldwin
Seller's Agent
Alisa DeZee
Sotheby’s International Realty
Buyer's Agent
Cary Simpson DRE #01772443
Sotheby’s International Realty
List Price
$1,178,000
Sold Price
$1,055,000
Premium/Discount to List
-$123,000
-10.44%
Views
150
Current Estimated Value
$1,113,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,242
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Mar 31, 2023
Sold by
Bundtzen Dave and Bundtzen Lena
Bought by
Bundtzen Living Trust and Bundtzen

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 4, 2021
Sold by
Saunders Marc H and Saunders Mary Ann
Bought by
Bundtzen David and Bundtzen Lena
Seller's Agent
Arleen Hardenstein
Sotheby’s International Realty
Buyer's Agent
Angelica Williams
Real Estate Experts ERA Powered
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$760,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Saunders Marc H and Saunders Mary Ann B
Bought by
Saunders Marc H and Saunders Mary Ann B

Purchase Details

Closed on
Jul 20, 2005
Sold by
Kirby Robert C and Kirby Shannon B
Bought by
Saunders Marc H and Saunders Mary Ann

Purchase Details

Closed on
Oct 27, 2003
Sold by
Pensco Pension Services Inc
Bought by
Kirby Robert C and Kirby Shannon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Reynoso Francisco Javier
Bought by
Kathryn J Lupo Ira # Lu055

Purchase Details

Closed on
Jun 13, 1994
Sold by
Reynoso Hermelinda and Reynoso Hermelinda G
Bought by
Reynoso Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.99%
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 Type Sale Price Title Company
Grant Deed $1,055,000 Chicago Title
Grant Deed -- None Listed On Document
Grant Deed $950,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $695,000 Old Republic Title
Corporate Deed $442,500 Old Republic Title
Trustee Deed $115,792 Old Republic Title
Grant Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $760,000 New Conventional
Previous Owner $354,000 Purchase Money Mortgage
Previous Owner $50,000 Unknown
Previous Owner $285,000 Unknown
Previous Owner $224,000 Unknown
Previous Owner $187,500 Unknown
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $1,055,000 -8.9% $1,365 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $1,158,000 -1.7% $1,498 / Sq Ft
06/20/2024 06/20/24 For Sale $1,178,000 +24.0% $1,524 / Sq Ft
12/09/2021 12/09/21 Sold $950,000 +5.7% $1,229 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $899,000 -- $1,163 / 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 $10,553 $1,055,000 $700,000 $355,000
2024 $10,553 $988,380 $676,260 $312,120
2023 $10,675 $969,000 $663,000 $306,000
2022 $10,459 $950,000 $650,000 $300,000
2021 $9,315 $950,000 $650,000 $300,000
2020 $8,398 $758,000 $536,000 $222,000
2019 $8,053 $736,000 $521,000 $215,000
2018 $7,476 $683,000 $483,000 $200,000
2017 $7,152 $651,000 $461,000 $190,000
2016 $6,677 $594,000 $420,000 $174,000
2015 $6,080 $541,000 $383,000 $158,000
2014 $5,617 $500,000 $354,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81970386

MLSListings

APN: 006-485-006-000