NOT LISTED FOR SALE

718 Grove St Pacific Grove, CA 93950

Estimated Value: $1,406,000 - $1,741,000

3 Beds
2 Baths
1,092 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $888,000 $813 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,858/month

115 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Victorian Architecture
  • Robert Down Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Caledonia Park

About This Home

As of August 2019

Pacific Grove is best known for three things: a quaint downtown lined with award-winning restaurants and shops, historic Victorian homes, and some of the most picturesque coastline in the world. 718 Grove Street brings all three together and more. This updated Victorian sits on a quiet historic lane, one of the original town roads, just around the corner from downtown and Caledonia Park, three blocks from Lovers Point Beach and the recreational trail. A full renovation was completed in 2012, retaining its historic charm balanced with modern amenities. Enjoy a cup of tea on the covered front porch or view the scenic Monterey Bay from the second story deck or 3rd floor bonus loft. An attached single car garage with paver stone driveway is a nice convenience in this location. This property sits in the Coastal Zone area of the Retreat District, opening up your possibilities for use. Your dream location in Pacific Grove awaits.

Last Agent to Sell the Property

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 04/04/2019

Last Buyer's Agent

Amber Russell

Over the Moon Realty, Inc License #01795810 Listed on: 04/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,167

Year Built

  • Built in 1916

Lot Details

  • 1,799 Sq Ft Lot
  • Partially Fenced Property
  • Mostly Level
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Bay
  • City Lights
  • Neighborhood

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer
  • Crawl Space

Kitchen

  • Gas Oven
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-143-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,167

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Age: 103
  • Listing Class: Residential
  • Structure Sq Ft: 1092
  • Year Built: 1916
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Stone, Dishwasher, Oven Range - Gas
  • Living Sq Ft: 1092
  • Stories: 3
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Bay, City Lights, Neighborhood, Ocean, Water
  • Yard/Grounds: Low Maintenance
  • Fencing: Partial Fencing
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-143-015-000
  • Lot Acres: 0.0413
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1800.00

Green Features

  • Energy Features: Low Flow Shower

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Kwong Yvonne
Bought by
Kwong Yvonne and The Yvonne Kwong Trust
Current Estimated Value
$1,509,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Outstanding Balance
$283,922
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,225,572

Purchase Details

Listed on
Apr 4, 2019
Closed on
Aug 20, 2019
Sold by
Davis Daniel C and Winston Terry Lynn
Bought by
Kwong Yvonne and The Yvonne Kwong Trust
Seller's Agent
Amber Russell
Over the Moon Realty, Inc
Buyer's Agent
Amber Russell
Over the Moon Realty, Inc
List Price
$948,000
Sold Price
$888,000
Premium/Discount to List
-$60,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$327,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2012
Closed on
Oct 5, 2012
Sold by
Borregaard Douglas
Bought by
Davis Daniel C and Winston Terry Lynn
Seller's Agent
William Smith
Coldwell Banker Realty
Buyer's Agent
J.R. Rouse
JR Rouse Real Estate
List Price
$598,000
Sold Price
$625,000
Premium/Discount to List
$27,000
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$325,000
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Kwong Yvonne -- Fidelity National Title Co
Kwong Yvonne -- Fidelity National Title Co
Kwong Yvonne $888,000 Old Republic Title Company
Davis Daniel C $625,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwong Yvonne $318,000
Closed Kwong Yvonne $327,000
Previous Owner Davis Daniel C $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2019 08/27/19 Sold $888,000 -4.0% $813 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $925,000 -2.4% $847 / Sq Ft
05/28/2019 05/28/19 For Sale $948,000 -1.1% $868 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $959,000 +53.4% $878 / Sq Ft
10/12/2012 10/12/12 Sold $625,000 +4.5% $501 / Sq Ft View Prior Sale
09/06/2012 09/06/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $598,000 -- $479 / 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 $10,167 $971,152 $765,550 $205,602
2024 $10,167 $952,111 $750,540 $201,571
2023 $10,303 $933,443 $735,824 $197,619
2022 $10,094 $915,142 $721,397 $193,745
2021 $10,043 $897,199 $707,252 $189,947
2020 $9,841 $888,000 $700,000 $188,000
2019 $7,570 $689,936 $496,756 $193,180
2018 $7,421 $676,409 $487,016 $189,393
2017 $7,300 $663,147 $477,467 $185,680
2016 $7,318 $650,145 $468,105 $182,040
2015 $7,200 $640,380 $461,074 $179,306
2014 $7,050 $627,837 $452,043 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81748898

MLSListings

APN: 006-143-015-000