$520,000
SOLD DEC 28, 2012

675 Mermaid Ave Pacific Grove, CA 93950

3 Beds
2 Baths
999 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$521 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Bay View
  • Maid or Guest Quarters
  • Breakfast Room
  • Robert Down Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Lovers Point Park

About This Home

As of June 2021

Great location with Monterey Bay views and only 150' to the waterfront at Lover's Point. The main house is 2 bedrooms, 1 bath with a one car garage. The guest house has 1 bedroom, 1 bath and is approx. 200 sq. ft. There are four lots and 2 legal parcels. To be sold as a package. This property needs TLC but has lots of potential.

Last Agent to Sell the Property

William Bluhm

Sotheby’s International Realty License #01075634 Listed on: 11/28/2012

Sotheby’s International Realty

Last Buyer's Agent

William Bluhm

Sotheby’s International Realty License #01075634 Listed on: 11/28/2012

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,149

Year Built

  • Built in 1928

Lot Details

  • Level Lot
  • Zoning described as R-3

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Cabin
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 999 Sq Ft Home
  • 2-Story Property
  • Breakfast Room
  • Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 006-085-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,149

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cabin
  • Property Condition: Fixer Upper
  • Age: 85
  • Sale Price Per Sq Ft: 520.52
  • Listing Class: Residential
  • Structure Sq Ft: 999
  • Incorporated: Yes
  • Map Book Page: 1113
  • Map Side Coordinate: 6
  • Map Top Coordinate: F
  • Thomas Bros Page: 1113
  • Thomas Brothers: F6
  • Year Built: 1928
  • Zoning Description: R-3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Room
  • Kitchen: Cooktop, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 999
  • Stories: 2
  • Laundry: In Garage, Gas Hookup
  • Flooring: Hardwood
  • Additional Rooms: Guest Quarters
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Description: Pool - No
  • Roof: Composition
  • View: Bay
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Pacific Grove Unified
  • Middle School: Pacific Grove Middle
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 006-085-015
  • List Price per Sq Ft: 495.50
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3520.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3520.00
  • Lot Size Area Min Search: 3520.00
  • Maximum Lot Size: 3520.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Weidenhamer Joseph and Weidenhamer Michelle
Bought by
Old World Builders Llc
Current Estimated Value
$1,809,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$547,699
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,262,239

Purchase Details

Listed on
May 14, 2021
Closed on
May 24, 2021
Sold by
B And B Investment Group Llc
Bought by
Weidenhamer Joseph and Weidenhamer Michelle
Seller's Agent
Lucie Campos
Coldwell Banker Realty
Buyer's Agent
Susan Cardinale
Coldwell Banker Realty
List Price
$1,799,000
Sold Price
$1,805,000
Premium/Discount to List
$6,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2019
Sold by
Bevis Antony S and Bevis Andrea
Bought by
B And B Investment Group Llc

Purchase Details

Listed on
Nov 28, 2012
Closed on
Dec 14, 2012
Sold by
Hurlb Ert Gerald R and Jorgensen Jean H
Bought by
B & B Investment Group Llc
Seller's Agent
William Bluhm
Sotheby’s International Realty
Buyer's Agent
William Bluhm
Sotheby’s International Realty
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Aug 7, 2002
Sold by
Hurlbert Gerald R
Bought by
Hurlbert Gerald R and Jorgensen Jean H
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
Interfamily Deed Transfer -- None Available
Grant Deed $1,805,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed $520,000 Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $600,000 Commercial
Previous Owner $330,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,805,000 +0.3% $1,749 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,799,000 +246.0% $1,743 / Sq Ft
12/28/2012 12/28/12 Sold $520,000 +5.1% $521 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $495,000 -- $495 / 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 $14,149 $1,353,038 $920,066 $432,972
2024 $14,149 $1,326,509 $902,026 $424,483
2023 $14,262 $1,300,500 $884,340 $416,160
2022 $13,971 $1,275,000 $867,000 $408,000
2021 $6,677 $1,250,000 $850,000 $400,000
2020 $6,542 $592,492 $281,494 $310,998
2019 $6,333 $580,875 $275,975 $304,900
2018 $6,207 $569,486 $270,564 $298,922
2017 $6,106 $558,320 $265,259 $293,061
2016 $6,120 $547,373 $260,058 $287,315
2015 $6,021 $539,152 $256,152 $283,000
2014 $3,025 $271,225 $251,135 $20,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81241877

MLSListings

APN: 006-085-016-000