NOT LISTED FOR SALE

848 Maple St Pacific Grove, CA 93950

Estimated Value: $601,000 - $1,365,000

2 Beds
2 Baths
1,343 Sq Ft
$805/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $534,000 $398 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,361/month

79 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Forest Grove Elementary School Rated A

About This Home

As of December 2013

Charming Pacific Grove duplex each with own inside laundry area and off-street parking. Cozy shared front patio and park-like landscaped fenced back yard. Live in one and rent the other or great income property-tenants would like to stay. Great location not far from beach, parks, schools & town.

Last Agent to Sell the Property

Becky Jones

Shankle Real Estate License #01250885 Listed on: 09/08/2013

Shankle Real Estate

Last Buyer's Agent

Mary Aguilar

David Lyng Real Estate License #01341966

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,876

Year Built

  • 1949

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,343 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $28,500
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 1,343 Sq Ft Building

Building Details

  • Insurance Expense $691
  • Operating Expense $6,361
  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,876

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 64
  • Sale Price Per Sq Ft: 397.62
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1343
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1343
  • Stories: 1
  • Laundry: Laundry Area - In All Units, Laundry Area - In Unit
  • Flooring: Tile, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Carport, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Pacific Grove Unified
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Middle School: 561

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4700.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4700.00
  • Lot Size Area Min Search: 4700.00
  • Maximum Lot Size: 4700.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.26

Multi Family

  • Expense Insurance: 691
  • Expenses Total: 6361
  • Expense Water Sewer: 888
  • Income Annual Gross: 28500.00
  • Income Annual Rental: 28500
  • Income Gross Scheduled: 28500
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Joan C Chen & Mark A Sherwood Revocable and Chen Joan
Bought by
Joan C Chen Revocable Living Trust and Chen
Current Estimated Value
$1,105,901

Purchase Details

Closed on
Aug 27, 2024
Sold by
Black Steven R
Bought by
Chen Joan C and Sherwood Mark A

Purchase Details

Listed on
Sep 8, 2013
Closed on
Dec 17, 2013
Sold by
Black Steven R
Bought by
Chen Joan C and Sherwood Mark A
Seller's Agent
Becky Jones
Shankle Real Estate
Buyer's Agent
Mary Aguilar
David Lyng Real Estate
List Price
$549,000
Sold Price
$534,000
Premium/Discount to List
-$15,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jun 27, 2012
Sold by
Rossomando Sandra and Rossomando Anthony
Bought by
Black Steven R
Seller's Agent
Terry Wecker
Don Gruber Real Estate
Buyer's Agent
Becky Jones
Shankle Real Estate
List Price
$429,500
Sold Price
$437,000
Premium/Discount to List
$7,500
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%

Purchase Details

Closed on
Jun 10, 2003
Sold by
Kwon Mija
Bought by
Rossomando Anthony and Rossomando Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2002
Sold by
Lee Richard George and Lee Thelma Pauline
Bought by
Kwon Mija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.37%
Mortgage Type
Stand Alone First
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
Joan C Chen Revocable Living Trust -- None Listed On Document
Chen Joan C $534,000 First American Title
Chen Joan C $534,000 First American Title Company
Black Steven R $437,000 Old Republic Title Company
Rossomando Anthony $560,000 First American Title
Kwon Mija $440,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossomando Anthony $65,000
Previous Owner Kwon Mija $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2013 12/20/13 Sold $534,000 -2.7% $398 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
09/08/2013 09/08/13 For Sale $549,000 +25.6% $409 / Sq Ft
07/03/2012 07/03/12 Sold $437,000 +1.7% $325 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $429,500 -- $320 / 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 $6,876 $654,599 $490,338 $164,261
2024 $6,876 $641,765 $480,724 $161,041
2023 $7,002 $629,183 $471,299 $157,884
2022 $6,861 $616,847 $462,058 $154,789
2021 $6,827 $604,753 $452,999 $151,754
2020 $6,691 $598,553 $448,355 $150,198
2019 $6,480 $586,817 $439,564 $147,253
2018 $6,352 $575,312 $430,946 $144,366
2017 $6,250 $564,033 $422,497 $141,536
2016 $6,265 $552,974 $414,213 $138,761
2015 $6,164 $544,669 $407,992 $136,677
2014 $6,037 $534,000 $400,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81333248

MLSListings

APN: 006-631-021-000