540 Spruce Ave Pacific Grove, CA 93950
3
Beds
2
Baths
1,275
Sq Ft
1,899
Sq Ft Lot
Highlights
- Popular Property
- Ocean View
- Recreation Room
- Robert Down Elementary School Rated A
- Cape Cod Architecture
- 3-minute walk to Caterpillar Park
About This Home
As of April 2025Best Priced home in Pacific Grove. A great opportunity to own a home in a prime location within walking distance to Monterey Bay Aquarium, Lovers Point Beach, Old Fisherman's Wharf and Cannery Row. Not many homes become available in this highly desirable neighborhood. Charming 3-bedroom, 2-bathroom with 1,275sqft of living space. Kitchen is well-equipped with fairly new stainless steel appliances. The open concept includes a kitchen/family room combo and a dining area within the family room, perfect for gatherings. The home provides a sense of tranquility, featuring relatively new dual-pane windows throughout the property. The car garage offers amazing potential for an ADU with city permission. The living area features a cozy fireplace and high ceilings with skylights, enhancing the sense of space and natural lighting throughout. Within walking distance to schools. Don't miss the opportunity to own this delightful property in a sought-after location.
Last Agent to Sell the Property
Bay Shore Real Estate, Inc. License #01727511 Listed on: 12/26/2024
Last Buyer's Agent
Bay Shore Real Estate, Inc. License #01727511 Listed on: 12/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,229
Year Built
- Built in 1979
Lot Details
- 1,899 Sq Ft Lot
- Wood Fence
- Corners Of The Lot Have Been Marked
- Zoning described as R4
Parking
- 2 Car Garage
- On-Street Parking
- Off-Street Parking
Property Views
- Ocean
- Skyline
- Neighborhood
Home Design
- Cape Cod Architecture
- Victorian Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,275 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Family or Dining Combination
- Den
- Recreation Room
- Loft
- Crawl Space
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Oven
- Range Hood
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry in Garage
- Washer and Dryer
Utilities
- No Heating
- Separate Meters
- 220 Volts
- Individual Gas Meter
Community Details
- Courtyard
Listing and Financial Details
- Assessor Parcel Number 006-483-006-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2024
Closed on
Mar 21, 2025
Sold by
Ochoa Mario and Ochoa Blanca
Bought by
Ming Tao and Qu Ling
Seller's Agent
Andres Fernandez
Bay Shore Real Estate, Inc.
Buyer's Agent
Andres Fernandez
Bay Shore Real Estate, Inc.
List Price
$1,455,000
Sold Price
$1,035,000
Premium/Discount to List
-$420,000
-28.87%
Views
126
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.28%
Original Mortgage
$150,000
Outstanding Balance
$149,115
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$973,355
Purchase Details
Closed on
Oct 30, 2024
Sold by
Peter S Fischer And Lucille W Fischer Re and Mcelrath Megan
Bought by
Ochoa Mario and Ochoa Blanca
Purchase Details
Closed on
Apr 19, 2024
Sold by
Peter S Fischer And Lucille W Fischer Re and Mcelrath Megan
Bought by
Ocha Mario and Ocha Blanca
Purchase Details
Closed on
Mar 8, 2008
Sold by
Us Bank Na
Bought by
Fischer Peter S and Fischer Lucille W
Purchase Details
Closed on
Oct 2, 2007
Sold by
Hernandez Vicente
Bought by
Dlj Mortgage Capital Inc
Purchase Details
Closed on
Oct 25, 2006
Sold by
Hespe Francis J and Grey Mcclaren Hazel C
Bought by
Hernandez Vicente
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 29, 1997
Sold by
Norton David W
Bought by
Hespe Francis J and Grey Mclaren Hazel C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.96%
Purchase Details
Closed on
Jan 11, 1995
Sold by
Iannuzzo Richard
Bought by
Norton David W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
9.28%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,035,000 | First American Title | |
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | $525,000 | Lsi Title Company | |
| Quit Claim Deed | -- | Lsi Title Company | |
| Trustee Deed | $666,609 | None Available | |
| Grant Deed | $740,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $245,000 | Stewart Title | |
| Grant Deed | $245,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Previous Owner | $629,000 | Purchase Money Mortgage | |
| Previous Owner | $186,051 | Unknown | |
| Previous Owner | $196,000 | No Value Available | |
| Previous Owner | $220,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $1,285,000 | -2.7% | $1,008 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $1,320,000 | +27.5% | $1,035 / Sq Ft |
| 04/07/2025 04/07/25 | Sold | $1,035,000 | -7.2% | $812 / Sq Ft |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 02/21/2025 02/21/25 | Price Changed | $1,115,000 | -10.8% | $875 / Sq Ft |
| 01/22/2025 01/22/25 | Price Changed | $1,250,000 | -14.1% | $980 / Sq Ft |
| 12/26/2024 12/26/24 | For Sale | $1,455,000 | -- | $1,141 / 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 | $13,229 | $1,264,800 | $714,000 | $550,800 |
| 2024 | $13,229 | $1,240,000 | $700,000 | $540,000 |
| 2023 | $7,201 | $1,240,000 | $700,000 | $540,000 |
| 2022 | $7,056 | $637,072 | $382,245 | $254,827 |
| 2021 | $7,020 | $624,581 | $374,750 | $249,831 |
| 2020 | $6,879 | $618,178 | $370,908 | $247,270 |
| 2019 | $6,661 | $606,058 | $363,636 | $242,422 |
| 2018 | $6,530 | $594,175 | $356,506 | $237,669 |
| 2017 | $6,424 | $582,525 | $349,516 | $233,009 |
| 2016 | $6,439 | $571,104 | $342,663 | $228,441 |
| 2015 | $6,336 | $562,526 | $337,516 | $225,010 |
| 2014 | $6,204 | $551,508 | $330,905 | $220,603 |
Source: Public Records
Agents Affiliated with this Home
-
The C Group
T
Seller's Agent in 2025
The C Group
Real Brokerage Technologies
(831) 601-8936
15 in this area
107 Total Sales
-
Andres Fernandez
Seller's Agent in 2025
Andres Fernandez
Bay Shore Real Estate, Inc.
(831) 809-5948
1 in this area
45 Total Sales
Map
Source: MLSListings
MLS Number: ML81988975
APN: 006-483-006-000
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