NOT LISTED FOR SALE

881 Lighthouse Ave Pacific Grove, CA 93950

Estimated Value: $1,077,000 - $1,414,000

1 Bed
1 Bath
725 Sq Ft
$1,623/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $949,000 $1,309 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,146/month

3 Days on Market

Highlights

  • Wood Flooring
  • Corian Countertops
  • Dining Room
  • Robert Down Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2021

Welcome to this beautifully renovated and ideally located Pacific Grove bungalow. Upgrades include kitchen, bathroom, electrical, plumbing, windows, and much more while still maintaining the charm of its yesteryears. Just a few minutes stroll down the famous Lovers Point, where you can enjoy world-famous breathtaking views all year long. Steps to downtown to enjoy the many restaurants, markets, and other small-town amenities. Fancy sitting in your private backyard listening to the marine life or enjoying time with your family and friends. Relish all Pacific Grove has to offer accessible in just moments: Bike, walk, run, golf, aquatic sport, and entertainment.

Last Agent to Sell the Property

Guy Chanda

Chanda Realty License #01304412 Listed on: 10/21/2021

Last Buyer's Agent

Guy Chanda

Chanda Realty License #01304412 Listed on: 10/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,467

Year Built

  • 1928

Lot Details

  • 1,877

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Corian Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 1,877 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,467

Year Built

1928

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 725
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Solid Surface / Corian
  • Fireplace: Yes
  • Living Sq Ft: 725
  • Stories: 1
  • Laundry: Inside
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch

Garage/Parking

  • Garage Parking Features: On Street

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.0431
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1876.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1876.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 23, 2021
Sold by
Kirkley Debra Lynn and Carthel Kara
Bought by
Forest Susan Gay
Seller's Agent
Guy Chanda
Chanda Realty
Buyer's Agent
Guy Chanda
Chanda Realty
List Price
$949,000
Sold Price
$949,000
Current Estimated Value
$1,145,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,913
Avg. Annual Appreciation
4.18%
Original Mortgage
$534,500
Outstanding Balance
$493,488
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$610,868

Purchase Details

Listed on
Apr 9, 2019
Closed on
May 8, 2019
Sold by
Dunigan Robert C
Bought by
Kirkley Debra Lynn and Carthel Kara
Seller's Agent
J.R. Rouse
Intero Real Estate Services
Buyer's Agent
Guy Chanda
Chanda Realty
List Price
$659,000
Sold Price
$680,000
Premium/Discount to List
$21,000
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$318,700
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2008
Sold by
Dunigan Robert C and Dunigan Robert C
Bought by
Dunigan Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2008
Sold by
Donahoo William L and Donahoo Juanita C
Bought by
Dunigan Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2000
Sold by
Selzer Janet L
Bought by
Donahoo William L and Donahoo Juanita C

Purchase Details

Closed on
May 1, 1997
Sold by
Selzer Erich M
Bought by
Selzer Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,700
Interest Rate
7.98%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Smith Michael Alden
Bought by
Howell Robert E and Howell Jolene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
9.27%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Forest Susan Gay $949,000 Stewart Title Of Ca Inc
Kirkley Debra Lynn $680,000 Old Republic Title Company
Dunigan Robert C -- First American Title Company
Dunigan Robert C $565,000 First American Title Company
Donahoo William L $511,500 Old Republic Title Company
Selzer Janet L -- Old Republic Title Company
Selzer Janet L $165,000 Old Republic Title Company
Howell Robert E $135,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forest Susan Gay $534,500
Previous Owner Kirkley Debra Lynn $548,250
Previous Owner Kirkley Debra Lynn $318,700
Previous Owner Dunigan Robert C $383,500
Previous Owner Dunigan Robert C $417,000
Previous Owner Dunigan Robert C $417,000
Previous Owner Donahoo William L $74,098
Previous Owner Selzer Janet L $190,000
Previous Owner Selzer Janet $5,000
Previous Owner Selzer Janet L $30,000
Previous Owner Selzer Janet L $123,700
Previous Owner Howell Robert E $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $949,000 0.0% $1,309 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $949,000 +39.6% $1,309 / Sq Ft
05/17/2019 05/17/19 Sold $680,000 +3.2% $938 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $659,000 -- $909 / 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 $10,467 $1,007,085 $732,233 $274,852
2024 $10,467 $987,339 $717,876 $269,463
2023 $10,602 $967,980 $703,800 $264,180
2022 $10,401 $949,000 $690,000 $259,000
2021 $7,785 $949,000 $690,000 $259,000
2020 $7,628 $693,600 $561,000 $132,600
2019 $7,302 $665,301 $471,011 $194,290
2018 $7,157 $652,257 $461,776 $190,481
2017 $7,041 $639,469 $452,722 $186,747
2016 $6,436 $571,000 $404,000 $167,000
2015 $5,895 $523,000 $370,000 $153,000
2014 $5,343 $474,000 $336,000 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81866021

MLSListings

APN: 006-343-016-000