NOT LISTED FOR SALE

625 Hillcrest Ave Pacific Grove, CA 93950

Estimated Value: $1,928,000 - $2,117,150

2 Beds
2 Baths
1,861 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $1,545,000 $830 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,350/month

33 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Den
  • Forest Grove Elementary School Rated A
  • High Ceiling
  • Formal Dining Room

About This Home

As of December 2020

Built in 1929 and located in Pacific Grove's highly desired Hillcrest neighborhood, this home exemplifies the exquisite craftsmanship and architectural detailing of the era. Lovingly cared for and recently upgraded, this property is ready for those looking for the Pacific Grove dream lifestyle. Beautifully detailed tile stairs and arched doorways welcome you into the inviting 1,861 square foot house with two bedrooms, two bathrooms and a comfortable den area all with custom detailing for your eyes to enjoy. The spectacular living room with arched ceilings and custom fireplace opens up through french doors onto a covered deck that creates a perfectly inviting indoor-outdoor living area. The newly renovated kitchen also opens to the outdoor deck area creating a natural flow between the house and the impeccable landscaping of the private patio and backyard. Enjoy the beauty and quality of the past with the comforts of the present in this timeless Pacific Grove home.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 10/06/2020

Coldwell Banker Realty

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 10/06/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,479

Year Built

  • 1929

Lot Details

  • 6,199

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,861 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Alarm System
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Fireplace
  • 6,199 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,479

Year Built

1929

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Age: 91
  • Listing Class: Residential
  • Structure Sq Ft: 1861
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1929

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room, Outside
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1861
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel, Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.1423
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6200.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 12, 2020
Sold by
Lauer Douglas and Lauer Patricia
Bought by
Lauer Douglas and Lauer Patricia
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,545,000
Premium/Discount to List
-$50,000
-3.13%
Current Estimated Value
$1,999,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,038
Avg. Annual Appreciation
5.30%
Original Mortgage
$670,000
Outstanding Balance
$493,201
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,473,272

Purchase Details

Closed on
Feb 22, 2019
Sold by
Pebble Beach Co
Bought by
Carter Douglas W and Carter Pamela W

Purchase Details

Closed on
Dec 15, 2014
Sold by
Carter Douglas L and Carter Pamela W
Bought by
Carter Trust

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 23, 2014
Sold by
Peterson David Ralston and Peterson Margaret Mary
Bought by
Carter Douglas L and Carter Pamela W
Seller's Agent
Annette Boggs
Sotheby’s International Realty
Buyer's Agent
Carla White
Alain Pinel Realtors
List Price
$1,250,000
Sold Price
$1,179,000
Premium/Discount to List
-$71,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$600,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2013
Closed on
Feb 5, 2013
Sold by
Johnson Robin E E
Bought by
Peterson David Ralston and Peterson Margaret Mary
Seller's Agent
Lucie Campos
Coldwell Banker Realty
Buyer's Agent
Annette Boggs
The Jones Group-Coast & Country Real Estate
List Price
$1,169,000
Sold Price
$1,160,000
Premium/Discount to List
-$9,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$812,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Johnson Robin and Johnson Corliss J
Bought by
Johnson Robin E and Johnson Corliss J

Purchase Details

Closed on
Jul 23, 2009
Sold by
Janks Robert J
Bought by
Johnson Robin and Johnson Corliss J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2005
Sold by
Gearhart Doreen
Bought by
Gearhart Mary Doreen and The Mary Doreen Gearhart Revocable Trust

Purchase Details

Closed on
Apr 8, 1999
Sold by
Gearhart Doreen and Gearhart Mary Maxine
Bought by
Gearhart Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.04%
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
Lauer Douglas -- Chicago Title Company
Lauer Douglas $1,545,000 Chicago Title Company
Carter Douglas W $680,000 Chicago Title Salinas
Carter Trust -- None Available
Carter Douglas L $1,179,000 Chicago Title Company
Peterson David Ralston $1,160,000 Chicago Title Company
Johnson Robin E -- Chicago Title Company
Johnson Robin $899,000 Chicago Title Company
Gearhart Mary Doreen -- --
Gearhart Doreen -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauer Douglas $670,000
Previous Owner Carter Douglas W $300,000
Previous Owner Carter Douglas L $600,000
Previous Owner Peterson David Ralston $812,000
Previous Owner Johnson Robin $399,000
Previous Owner Gearheart Doreen M $116,849
Previous Owner Gearhart Doreen $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,545,000 -3.1% $830 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $1,595,000 +35.3% $857 / Sq Ft
06/27/2014 06/27/14 Sold $1,179,000 -5.7% $594 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,250,000 +7.8% $630 / Sq Ft
02/20/2013 02/20/13 Sold $1,160,000 -0.8% $623 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $1,169,000 -- $628 / 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 $17,479 $1,672,355 $1,022,897 $649,458
2024 $17,479 $1,639,565 $1,002,841 $636,724
2023 $17,673 $1,607,418 $983,178 $624,240
2022 $17,314 $1,575,900 $963,900 $612,000
2021 $17,226 $1,545,000 $945,000 $600,000
2020 $14,600 $1,321,531 $784,625 $536,906
2019 $14,135 $1,295,620 $769,241 $526,379
2018 $13,852 $1,270,216 $754,158 $516,058
2017 $13,627 $1,245,311 $739,371 $505,940
2016 $13,660 $1,220,894 $724,874 $496,020
2015 $13,439 $1,202,556 $713,986 $488,570
2014 $13,006 $1,165,266 $703,178 $462,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81814344

MLSListings

APN: 006-662-007-000