NOT LISTED FOR SALE

861 Seapalm Ave Pacific Grove, CA 93950

Estimated Value: $2,664,000 - $3,028,000

4 Beds
4 Baths
1,978 Sq Ft
$1,457/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $1,815,000 $918 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $16,844/month

50 Days on Market

Highlights

  • Ocean View
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Robert Down Elementary School Rated A
  • Breakfast Bar
  • 2-minute walk to Perkins Park

About This Home

As of July 2019

Gorgeous views of the Monterey Bay and Pacific Grove golf course from this four bedroom, two full baths and two half bath home in the Beach Tract of Pacific Grove! Boasting almost 2,000 square feet with a large open light filled kitchen/living room, on a 7,400 square foot lot, this sanctuary is an entertainers delight! Covered porches, built-in heaters, lovely backyard and patio makes this a place to enjoy all that the Monterey coast has to offer!

Last Agent to Sell the Property

Tenley Baxter

Sotheby’s International Realty License #01755293 Listed on: 04/11/2019

Last Buyer's Agent

Duchesne & Snowdon

Carmel Realty Company License #70010136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,739

Year Built

  • Built in 1985

Lot Details

  • 7,401 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Golf Course

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,978 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Combination Dining and Living Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Wood Insert Heater

Listing and Financial Details

  • Assessor Parcel Number 006-074-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,739

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 1978
  • Year Built: 1985
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Burning, Insert
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Living Sq Ft: 1978
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Golf Course, Ocean, Water

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 006-074-002-000
  • Lot Acres: 0.1699
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7400.00

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
Apr 1, 2021
Sold by
Araki Brian S and Araki Pamela S
Bought by
Araki Brian S and Araki Pamela S
Current Estimated Value
$2,882,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$435,502
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,446,625

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 3, 2019
Sold by
Hill Jeremy and Hill Leah P
Bought by
Araki Brian S and Araki Pamela S
Seller's Agent
Tenley Baxter
Sotheby’s International Realty
Buyer's Agent
Duchesne & Snowdon
Carmel Realty Company
List Price
$1,998,000
Sold Price
$1,815,000
Premium/Discount to List
-$183,000
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,351,250
Outstanding Balance
$1,168,242
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,713,885

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 8, 2016
Sold by
Lh Dvm Properties Llc
Bought by
Hill Jeremy and Hill Leah P
Seller's Agent
Peggy Jones
The Jones Group-Coast & Country Real Estate
Buyer's Agent
Debbie Sanders
Coldwell Banker Realty
List Price
$1,849,000
Sold Price
$1,750,000
Premium/Discount to List
-$99,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Jan 27, 2015
Sold by
Smith Lloyd P
Bought by
Smith Lloyd P

Purchase Details

Closed on
Mar 4, 2003
Sold by
Smith Diane R
Bought by
Smith Diane R and The Girard Family Trust

Purchase Details

Closed on
Jan 15, 2003
Sold by
Girard Diane R
Bought by
Smith Diane R and Smith Lloyd P

Purchase Details

Closed on
Sep 8, 2000
Sold by
Girard Leland and Girard Diane
Bought by
Girard Diane R and The Girard Family Trust
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
Araki Brian S -- Old Republic Title Company
Araki Brian S $1,815,000 Old Republic Title Company
Hill Jeremy -- None Available
Lh Dvm Properties Llc $1,750,000 Chicago Title Company
Smith Lloyd P -- None Available
Smith Diane R -- Stewart Title
Girard Diane R -- Stewart Title
Smith Diane R -- --
Girard Diane R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araki Brian S $500,000
Open Araki Brian S $1,351,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2019 07/09/19 Sold $1,815,000 -4.4% $918 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
04/27/2019 04/27/19 Price Changed $1,898,988 -5.0% $960 / Sq Ft
04/11/2019 04/11/19 For Sale $1,998,000 +14.2% $1,010 / Sq Ft
05/12/2016 05/12/16 Sold $1,750,000 -5.4% $885 / Sq Ft View Prior Sale
03/04/2016 03/04/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $1,849,000 -- $935 / 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 $20,739 $1,984,965 $1,367,057 $617,908
2024 $20,739 $1,946,045 $1,340,252 $605,793
2023 $20,984 $1,907,888 $1,313,973 $593,915
2022 $20,559 $1,870,479 $1,288,209 $582,270
2021 $20,454 $1,833,803 $1,262,950 $570,853
2020 $20,043 $1,815,000 $1,250,000 $565,000
2019 $20,246 $1,857,113 $1,273,449 $583,664
2018 $19,840 $1,820,700 $1,248,480 $572,220
2017 $19,517 $1,785,000 $1,224,000 $561,000
2016 $7,824 $700,417 $396,297 $304,120
2015 $7,697 $689,897 $390,345 $299,552
2014 $7,536 $676,384 $382,699 $293,685
Source: Public Records

Agents Affiliated with this Home

  • Tenley Baxter

    Seller's Agent in 2019

    Tenley Baxter

    Sotheby’s International Realty

    (650) 248-5030

    12 in this area

    53 Total Sales

    Tenley Baxter
    Section Image

  • D

    Buyer's Agent in 2019

    Duchesne & Snowdon

    Carmel Realty Company

  • Peggy Jones

    Seller's Agent in 2016

    Peggy Jones

    The Jones Group-Coast & Country Real Estate

    (831) 917-4534

    23 in this area

    40 Total Sales

    Peggy Jones
    Section Image

  • D

    Buyer's Agent in 2016

    Debbie Sanders

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81746538

MLSListings

APN: 006-074-002-000

California Monterey County Pacific Grove 93950

861 Seapalm Ave, Pacific Grove, CA

This home is located at 861 Seapalm Ave, Pacific Grove, CA 93950 since 11 April 2019 and is currently estimated at $2,882,127, approximately $1,457 per square foot. This property was built in 1985. 861 Seapalm Ave is a home located in Monterey County with nearby schools including Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

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