NOT LISTED FOR SALE

721 Eardley Ave Pacific Grove, CA 93950

Pacific Grove Area

Estimated Value: $1,758,000 - $1,911,176

4 Beds
2 Baths
2,176 Sq Ft
$833/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2020

Last sale price $1,335,500 $614 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,266 / mo

111 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Washer and Dryer
  • Robert Down Elementary School Rated A
  • Floor Furnace

About This Home

As of December 2020

Ideally located delightful two-unit home in Pacific Grove. The larger bottom unit features two bedrooms and one bathroom, hardwood floors, and high ceilings. With features like built-in cabinetry and skylights, this unit is spacious and inviting. The upstairs unit has two bedrooms and one bathroom and a spacious deck. Opportunity abounds with this property, maintain it as two units or convert it back to a single-family home. Enjoy the proximity to downtown Pacific Grove, Robert H. Down Elementary school, and all of the offerings of nearby Monterey.

Last Agent to Sell the Property

Debby Beck

Platinum One Real Estate License #01747647 Listed on: 08/03/2020

Last Buyer's Agent

Shannon Curran

Over the Moon Realty, Inc License #02006500

Over the Moon Realty, Inc

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 3,302

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • 3,302 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Total Actual Rent $58,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

3,302 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2176
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 2176
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 5
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.0758
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3300.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 23.62
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 58800.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Dec 17, 2020
Sold by
Patterson Timothy Scott and The Carrol J Patterson Family
Bought by
Seller's Agent
Debby Beck
Platinum One Real Estate
Buyer's Agent
Shannon Curran
Over the Moon Realty, Inc
List Price
$1,448,000
Sold Price
$1,335,500
Premium/Discount to List
-$112,500
-7.77%
Current Estimated Value
$1,772,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,009
Avg. Annual Appreciation
5.49%
Original Mortgage
$946,650
Outstanding Balance
$826,864
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$985,195

Purchase Details

Closed on
Dec 3, 1993
Sold by
Patterson Carrol J
Bought by
Patterson Carrol J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pacific Grove, CA

  • Melinda M. Fike Real Estate Agent - Intero Real Estate Services

    Melinda M. Fike

    Intero Real Estate Services

    (831) 741-4597

    33 Total Sales

    1 in Pacific Grove

    $1,575,000 Price

    Melinda M. Fike
     Section Image
  • Christian Haun Real Estate Agent - eXp Realty of California Inc

    Christian Haun

    Responds Quickly

    eXp Realty of California Inc

    (831) 264-0671

    56 Total Sales

    5 in Pacific Grove

    $1M - $1.7M Price Range

    Christian Haun
     Section Image
  • Jorge Edeza Real Estate Agent - Remax Property Experts

    Jorge Edeza

    Remax Property Experts

    (831) 273-8618

    106 Total Sales

    1 in Pacific Grove

    $1,369,425 Price

    Jorge Edeza
     Section Image
  • Lawrence Hernandez Real Estate Agent - Cypress Coast Investments

    Lawrence Hernandez

    Cypress Coast Investments

    (831) 273-9672

    44 Total Sales

    3 in Pacific Grove

    $719K - $1.9M Price Range

    Lawrence Hernandez
     Section Image
  • Young Seon Myong Real Estate Agent - Sotheby’s International Realty

    Young Seon Myong

    Sotheby’s International Realty

    (831) 574-2265

    20 Total Sales

    1 in Pacific Grove

    $2,950,000 Price

    Young Seon Myong
     Section Image
  • Joe Gallagher Real Estate Agent - Sotheby’s International Realty

    Joe Gallagher

    Sotheby’s International Realty

    (831) 250-1666

    32 Total Sales

    12 in Pacific Grove

    $695K - $2.9M Price Range

    Joe Gallagher
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,335,500 Old Republic Title Company
Patterson Carrol J -- Old Republic Title Inc
Patterson Carrol J -- Old Republic Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $946,650
Previous Owner Petterson Carrol J $1,000,000
Previous Owner Patterson Carrol J $108,000
Previous Owner Patterson Carrol J $60,000
Previous Owner Patterson Carrol J $99,280
Previous Owner Patterson Carrol J $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $1,335,500 -3.9% $614 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/23/2020 09/23/20 Price Changed $1,389,000 -4.1% $638 / Sq Ft
08/03/2020 08/03/20 For Sale $1,448,000 -- $665 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,840 $1,474,497 $812,050 $662,447
2025 $15,155 $1,445,586 $796,128 $649,458
2024 $15,155 $1,417,242 $780,518 $636,724
2023 $15,370 $1,389,454 $765,214 $624,240
2022 $15,060 $1,362,210 $750,210 $612,000
2021 $14,983 $1,335,500 $735,500 $600,000
2020 $796 $63,824 $16,027 $47,797
2019 $773 $62,573 $15,713 $46,860
2018 $763 $61,347 $15,405 $45,942
2017 $750 $60,145 $15,103 $45,042
2016 $748 $58,966 $14,807 $44,159
2015 $736 $58,081 $14,585 $43,496
2014 $722 $56,944 $14,300 $42,644
Source: Public Records

Agents Affiliated with this Home

  • DB

    Seller's Agent in 2020

    Debby Beck

    Platinum One Real Estate

    Section Image

  • SC

    Buyer's Agent in 2020

    Shannon Curran

    Over the Moon Realty, Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81804167

MLSListings

APN: 006-526-018-000

California Monterey County Pacific Grove 93950

721 Eardley Ave, Pacific Grove, CA

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