NOT LISTED FOR SALE

520 18th St Pacific Grove, CA 93950

Estimated Value: $1,125,000 - $1,260,440

2 Beds
1.5 Baths
1,000 Sq Ft
$1,194/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $756,000 $756 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,960/month

118 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cottage
  • Robert Down Elementary School Rated A
  • Neighborhood Views
  • 5-minute walk to Caterpillar Park

About This Home

As of April 2020

Charming 2 bedroom 1.5 bath single story home on a nice corner lot, only 3 blocks to historic downtown Pacific Grove. Detached legal 200 square foot studio or office or possible conversion to Accessory Dwelling unit, (in-law quarters). The house features Living room with Carmel stone wood burning fireplace, ceramic tile kitchen counters with gas range, dishwasher breakfast bar and a nice deck with an eastern exposure for your morning coffee. There is an generous size interior laundry room with hookups for both gas or electric dryer. There is wall to wall carpet over the original fir floors that could be refinished. Both interior and exterior have been freshly painted There is a nice fenced yard and low maintenance energy efficient double pane windows. Conveniently located to downtown Pacific Grove, Lovers Point on Monterey Bay and the recreation trail and Pacific Grove Golf Links. Only minutes from 2 entrances to world famous Pebble Beach and the Spanish Bay Resort and golf course.

Last Agent to Sell the Property

William Bluhm

Sotheby’s International Realty License #01075634 Listed on: 10/24/2019

Sotheby’s International Realty

Last Buyer's Agent

Jonathan Spencer

Compass License #01916757

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1920

Lot Details

  • 2,400 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Level Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Dining Area
  • Den
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Individual Gas Meter

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Cottage
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Ceramic, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, In Utility Room
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Deck
  • Fencing: Wood
  • Property Faces: East
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: No Garage, No Parking, On Street

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 560

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0551
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2400.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Mar 25, 2020
Sold by
Emadin Leila
Bought by
Peterson Daniel W and Peterson Gemma L
Seller's Agent
William Bluhm
Sotheby’s International Realty
Buyer's Agent
Jonathan Spencer
Compass
List Price
$799,000
Sold Price
$756,000
Premium/Discount to List
-$43,000
-5.38%
Current Estimated Value
$1,194,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,110
Avg. Annual Appreciation
8.21%
Original Mortgage
$450,000
Outstanding Balance
$397,779
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$796,331
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

Date Buyer Sale Price Title Company
Peterson Daniel W $756,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Daniel W $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $756,000 -2.5% $756 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $775,000 -3.0% $775 / Sq Ft
10/24/2019 10/24/19 For Sale $799,000 -- $799 / 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 $8,587 $826,792 $608,065 $218,727
2024 $8,587 $810,582 $596,143 $214,439
2023 $8,693 $794,689 $584,454 $210,235
2022 $8,515 $779,108 $572,995 $206,113
2021 $8,470 $763,832 $561,760 $202,072
2020 $3,557 $317,036 $221,930 $95,106
2019 $3,445 $310,821 $217,579 $93,242
2018 $3,378 $304,727 $213,313 $91,414
2017 $3,324 $298,753 $209,131 $89,622
2016 $3,331 $292,896 $205,031 $87,865
2015 $3,278 $288,498 $201,952 $86,546
2014 $3,210 $282,848 $197,997 $84,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81773561

MLSListings

APN: 006-477-007-000