NOT LISTED FOR SALE

871 Bayview Ave Pacific Grove, CA 93950

Estimated Value: $2,354,000 - $4,947,000

5 Beds
4 Baths
3,350 Sq Ft
$956/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $1,450,000 $433 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $18,774/month

111 Days on Market

Highlights

  • 0.24 Acre Lot
  • Living Room with Fireplace
  • Wood Flooring
  • Robert Down Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of July 2019

Best value in Pacific Grove. This spacious and beautiful home is in one of the most desirable neighborhoods of The Beach Tract Area. It stands perfect for a multi-generation family compound with four separate living areas and two family rooms. On an approx. 10,800 s.f. lot, just a few short blocks from Lovers' Point and downtown, this residence boasts numerous remodeled upgrades. Wood flooring throughout leads to separate master suites, with individual fireplaces, brand new stone and marble vanity tops, and even an intriguing double shower. Bay viewing balconies include a third-floor patio with all-around neighborhood vistas. The verdant backyard contains a stone fountain, plus lots of room for gardening. A two car-garage includes an extra storage area, or a workshop behind the main parking. Establish a quiet nook in an enclosed outdoor courtyard. Naturally, a Rainsoft treatment system provides filtered, pure water throughout.

Last Agent to Sell the Property

Eric Stauffer

Sotheby’s International Realty License #01006365 Listed on: 02/07/2019

Sotheby’s International Realty

Co-Listed By

Stacy Stauffer

Sotheby’s International Realty License #01938738

Last Buyer's Agent

Jim Lowell

Lowell Hopkins Properties License #00883474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,770

Year Built

  • Built in 1940

Lot Details

  • 10,498 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Area
  • Den
  • Library
  • Workshop
  • Utility Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 006-133-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,770

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 79
  • Listing Class: Residential
  • Structure Sq Ft: 3350
  • Incorporated: Yes
  • Year Built: 1940
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room
  • Dining Room: Breakfast Room, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 3350
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Tile, Wood
  • Additional Rooms: Den / Study / Office, Library, Office Area, Storage, Utility Room, Workshop
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Marble, Primary - Stall Shower(s), Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced
  • Fencing: Wood
  • Property Faces: North
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

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
  • Parcel Number: 006-133-003-000
  • Lot Acres: 0.2410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jun 26, 2019
Sold by
Flathers Jeffrey Alan and Sun Chaoying
Bought by
Rice Ian and Rice Margaret A
Seller's Agent
Eric Stauffer
Sotheby’s International Realty
Buyer's Agent
Jim Lowell
Lowell Hopkins Properties
List Price
$1,565,000
Sold Price
$1,450,000
Premium/Discount to List
-$115,000
-7.35%
Current Estimated Value
$3,204,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,754,198
Avg. Annual Appreciation
13.86%
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Sun Chaoying and Flathers Jeffrey
Bought by
Flathers Jeffrey Alan and Sun Chaoying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2004
Sold by
Sun Chaoying and Flathers Jeffrey Allan
Bought by
Flathers Jeffrey Alan and Sun Chaoying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2002
Sold by
Engle Howard E and Engle Diane
Bought by
Flathers Jeffrey and Sun Chaoying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.62%
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
Rice Ian $1,450,000 Chicago Title Company
Flathers Jeffrey Alan -- Servicelink
Flathers Jeffrey Alan -- First American Title
Flathers Jeffrey $795,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Ian $854,000
Closed Rice Ian $1,000,000
Previous Owner Flathers Jeffrey Alan $505,000
Previous Owner Flathers Jeffrey Alan $563,000
Previous Owner Sun Chaoying $576,000
Previous Owner Sun Chaoying $250,000
Previous Owner Flathers Jeffrey Alan $75,100
Previous Owner Flathers Jeffrey Alan $605,000
Previous Owner Flathers Jeffrey $230,000
Previous Owner Flathers Jeffrey Alan $630,000
Previous Owner Sun Chao Ying $636,000
Previous Owner Flathers Jeffrey $636,000
Previous Owner Engle Howard E $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $1,450,000 -3.3% $433 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $1,499,000 -4.2% $447 / Sq Ft
02/07/2019 02/07/19 For Sale $1,565,000 -- $467 / 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 $14,770 $1,585,783 $874,915 $710,868
2024 $14,770 $1,554,690 $857,760 $696,930
2023 $15,043 $1,524,207 $840,942 $683,265
2022 $14,825 $1,494,321 $824,453 $669,868
2021 $14,745 $1,465,022 $808,288 $656,734
2020 $14,479 $1,450,000 $800,000 $650,000
2019 $11,102 $1,011,938 $763,732 $248,206
2018 $10,881 $992,097 $748,757 $243,340
2017 $10,705 $972,645 $734,076 $238,569
2016 $10,731 $953,575 $719,683 $233,892
2015 $10,558 $939,252 $708,873 $230,379
2014 $10,338 $920,855 $694,988 $225,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81738152

MLSListings

APN: 006-133-003-000