NOT LISTED FOR SALE

533 Pine Ave Pacific Grove, CA 93950

Estimated Value: $1,332,000 - $1,831,000

4 Beds
2.5 Baths
1,752 Sq Ft
$890/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $905,000 $517 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,053/month

46 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Formal Dining Room
  • Robert Down Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Caterpillar Park

About This Home

As of December 2017

Situated on a large corner lot with peeks of the Bay in a wonderful, easy, walk-to-town & the Bay location. A property with two Legal units=a 2 BR/1.5 bath (approx. 1266 sf) cottage and a studio (approx. 448sf). Each unit has it's own back yard space. This property has been utilized for years as a live in one as a 2nd home & rent the other one. The cottage has a separate living room & family room with a closet, so possible to use as a 3rd bedroom. Features include a charming cottage kitchen with lots of storage space, inside laundry room, separate dining room with original built-ins, upgraded electrical & plumbing/newer forced air furnace in cottage/new roof from 2015/gleaming hardwood floors & more and more! Sewer line in compliance-report available. The Legal studio was recently upgraded/somewhat rebuilt--new roof, new front & side wall, new paint, new carpet, & more! Excellent investment potential. Move-in today! Classic PG--oozes charm.

Last Agent to Sell the Property

Peggy Jones

The Jones Group-Coast & Country Real Estate License #01299648 Listed on: 10/01/2017

Last Buyer's Agent

Becky Jones

Shankle Real Estate License #01250885

Shankle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 4,199 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R4

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Family Room
  • Formal Dining Room

Kitchen

  • Gas Oven
  • Ice Maker
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas

Additional Features

  • Barbecue Area
  • Dwelling with Separate Living Area

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 006-484-014-000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 1752
  • Year Built: 1926
  • Zoning Description: R4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Insert
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Formica, Exhaust Fan, Ice Maker, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1752
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate
  • Additional Rooms: Laundry Room, Separate Living Unit
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tar and Gravel, Tile
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Fenced, Low Maintenance
  • Fencing: Fenced Back

Garage/Parking

  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: Forced Air, Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 560

Lot Info

  • Parcel Number: 006-484-014-000
  • 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
  • Second Unit Description: Legal studio

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Elementary School Text: Robert Down 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
Oct 1, 2017
Closed on
Dec 7, 2017
Sold by
Holleran Jeffrey J and Huber Jodi E
Bought by
Konjicija Evan John and Konjicija Ann Lucille
Seller's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$929,000
Sold Price
$905,000
Premium/Discount to List
-$24,000
-2.58%
Current Estimated Value
$1,559,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,609
Avg. Annual Appreciation
6.97%
Original Mortgage
$480,000
Outstanding Balance
$404,118
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,155,491

Purchase Details

Closed on
Mar 8, 2005
Sold by
Lynberg Michael K and Lynberg Elizabeth M
Bought by
Holleran Jeffrey J and Huber Jodi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,750
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2000
Sold by
Gibson Frank E
Bought by
Lynberg Michael K and Lynberg Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.13%

Purchase Details

Closed on
Apr 5, 1996
Sold by
Gibson Frank E and Gibson Cynthia K
Bought by
Gibson Frank E and Gibson Cynthia K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Konjicija Evan John $905,000 Chicago Title Co
Holleran Jeffrey J $945,000 Stewart Title
Lynberg Michael K $450,000 Chicago Title Co
Gibson Frank E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Konjicija Evan John $480,000
Previous Owner Holleran Jeffrey J $708,750
Previous Owner Lynberg Michael K $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $905,000 -2.6% $517 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $929,000 0.0% $530 / Sq Ft
11/10/2017 11/10/17 Price Changed $929,000 -3.1% $530 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $959,000 -- $547 / 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 $10,778 $1,029,732 $682,696 $347,036
2024 $10,778 $1,009,542 $669,310 $340,232
2023 $10,919 $989,748 $656,187 $333,561
2022 $10,697 $970,342 $643,321 $327,021
2021 $10,643 $951,316 $630,707 $320,609
2020 $10,429 $941,562 $624,240 $317,322
2019 $10,098 $923,100 $612,000 $311,100
2018 $9,896 $905,000 $600,000 $305,000
2017 $9,103 $829,000 $526,000 $303,000
2016 $8,539 $760,000 $483,000 $277,000
2015 $7,795 $694,000 $441,000 $253,000
2014 $7,595 $677,000 $430,000 $247,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81679978

MLSListings

APN: 006-484-014-000