NOT LISTED FOR SALE

703 Spruce Ave Pacific Grove, CA 93950

Estimated Value: $1,448,456 - $1,553,000

3 Beds
2 Baths
1,294 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $1,455,000 $1,124 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,426/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Neighborhood Views
  • Robert Down Elementary School Rated A
  • Corian Countertops
  • Gazebo

About This Home

As of June 2024

Nestled just blocks from the charming downtown of Pacific Grove and a short stroll to the Pacific coastline and Lovers Point, this captivating 3 bed, 2 bath Cape Cod-style single level bungalow offers the quintessence of seaside living. Adorned with cedar shingle siding, a picturesque white picket fence, and mature landscaping in a private, fully fenced alluring backyard. This home radiates grace from the moment you encounter it. Featuring high ceilings, hardwood floors, dual pane windows with elegant wood casing, and a cozy gas stove in the living room that enhances the ambiance. The single car garage and ample off street parking provide convenience for guests and entertaining. Freshly painted inside and out, now waiting to welcome you to the Pacific Grove lifestyle.

Last Agent to Sell the Property

Susan Cardinale

Sotheby’s International Realty License #02045240 Listed on: 05/07/2024

Sotheby’s International Realty

Last Buyer's Agent

Monika Campbell

Compass License #01370848

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,825

Year Built

  • Built in 1999

Lot Details

  • 3,598 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Gazebo
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-466-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,825

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Cape Cod
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 1294
  • Incorporated: Yes
  • Year Built: 1999
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Free Standing, Gas Log, Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Microwave, Oven - Gas, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 1294
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block, Concrete Perimeter, Post and Pier
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, BBQ Area, Drought Tolerant Plants, Gazebo, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced, Fenced Back, Mixed Height / Type, Wood
  • Construction Type: Concrete Block, Masonry, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Enclosed, Off-Street Parking

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-466-002-000
  • Lot Acres: 0.0826
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3600.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 28, 2024
Sold by
Barbara M Gerbino Trust and Goodwin Karen
Bought by
Lew-Martin Revocable Trust and Lew-Martin
Seller's Agent
Susan Cardinale
Sotheby’s International Realty
Buyer's Agent
Monika Campbell
Compass
List Price
$1,350,000
Sold Price
$1,455,000
Premium/Discount to List
$105,000
7.78%
Views
29
Current Estimated Value
$1,503,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,364
Avg. Annual Appreciation
0.92%
Original Mortgage
$873,000
Outstanding Balance
$863,548
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$607,858

Purchase Details

Closed on
Jan 30, 2019
Sold by
Balison Barbara M
Bought by
Balison Barbara M and Balison Randolph L

Purchase Details

Closed on
Oct 26, 2017
Sold by
Balison Randolph
Bought by
Balison Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2017
Sold by
Balison Barbara M
Bought by
Balison Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
Balison Barbara M
Bought by
Balison Barbara M and The Barbara M Gerbino Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Balison Barbara M and Gerbino Barbara M
Bought by
Balison Barbara M and Barbara M Gerbino Trust

Purchase Details

Closed on
Mar 27, 2001
Sold by
Gerbino Barbara M
Bought by
Gerbino Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.06%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Gerbino Barbara Moore
Bought by
Gerbino Barbara M and Barbara M Gerbino Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.38%

Purchase Details

Closed on
Mar 12, 1999
Sold by
Rutledge Frank and Rutledge Sam
Bought by
Dasilva Joseph and Dasilva Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lew-Martin Revocable Trust $1,455,000 Chicago Title
Balison Barbara M -- None Available
Balison Barbara M -- Timios Title
Balison Barbara M -- Timios Title
Balison Barbara M -- Multiple
Balison Barbara M -- --
Gerbino Barbara M -- First American Title Co
Gerbino Barbara M -- First American Title
Gerbino Barbara Moore -- First American Title
Dasilva Joseph $231,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lew-Martin Revocable Trust $873,000
Previous Owner Barbara M Gerbino Trust $398,020
Previous Owner Balison Barbara M $417,400
Previous Owner Balison Barbara M $350,000
Previous Owner Balison Barbara M $268,436
Previous Owner Balison Barbara M $200,000
Previous Owner Balison Barbara M $200,000
Previous Owner Gerbino Barbara M $250,000
Previous Owner Gerbino Barbara M $250,000
Previous Owner Gerbino Barbara Moore $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $1,455,000 +7.8% $1,124 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $1,350,000 -- $1,043 / 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 $14,825 $1,484,100 $918,000 $566,100
2024 $14,825 $1,390,000 $750,000 $640,000
2023 $8,500 $1,390,000 $750,000 $640,000
2022 $8,326 $760,358 $463,459 $296,899
2021 $8,282 $745,450 $454,372 $291,078
2020 $8,116 $737,807 $449,713 $288,094
2019 $7,857 $723,342 $440,896 $282,446
2018 $7,699 $709,159 $432,251 $276,908
2017 $7,573 $695,255 $423,776 $271,479
2016 $7,590 $681,623 $415,467 $266,156
2015 $7,466 $671,386 $409,227 $262,159
2014 $7,309 $658,235 $401,211 $257,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81964239

MLSListings

APN: 006-466-002-000