NOT LISTED FOR SALE

902 19th St Pacific Grove, CA 93950

Estimated Value: $1,508,000 - $1,631,756

4 Beds
2 Baths
1,928 Sq Ft
$824/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,500,000 $778 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,715/month

8 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Washer and Dryer
  • Forest Grove Elementary School Rated A
  • Double Pane Windows
  • Level Lot

About This Home

As of May 2022

Imagine the possibilities that this Pacific Grove duplex offers. Two 2-bedroom units with spacious floorplans, hardwood flooring, double-paned windows, and indoor laundry. Wonderful location. Close to shopping, schools and all that this coastal community offers. Opportunity is knocking! Appointment is necessary to view.

Last Agent to Sell the Property

Arleen Hardenstein

Sotheby’s International Realty License #01710953 Listed on: 03/11/2022

Sotheby’s International Realty

Last Buyer's Agent

Clancy D'Angelo

Phillips Real Estate License #01486527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,574

Year Built

  • 1955

Lot Details

  • 6,700 Sq Ft Lot
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Electric Oven
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $47,700

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,700
  • Utility Expense $2,000
  • Operating Expense $12,645
  • Gross Income $47,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,574

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: 220 Volt Outlet, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1928
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition, Shingle
  • Yard/Grounds: Drought Tolerant Plants, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 560

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1538
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6700.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Gross Rent Multiplier: 29.33
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1700
  • Expenses Total: 12645
  • Expenses Utility: 2000
  • Income Annual Gross: 47700.00
  • Income Annual Rental: 47700
  • Income Gross Scheduled: 47700
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Reuter Bennett W and Reuter Susan L
Bought by
Reuter Bennett W
Current Estimated Value
$1,589,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,800
Outstanding Balance
$535,833
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,053,356

Purchase Details

Closed on
Oct 10, 2016
Sold by
Reuter Bennett W and Reuter Bennet
Bought by
Reuter Bennett W and Reuter Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2003
Sold by
Laubscher Dorothy Lavone
Bought by
Reuter Bennett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Reuter Bennett W -- Old Republic Title Company
Reuter Bennett W -- Orange Coast Title Company
Reuter Bennett $600,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reuter Bennett W $603,800
Closed Reuter Bennett W $440,000
Closed Reuter Bennett $480,000
Closed Reuter Bennett $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,500,000 +7.2% $778 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,399,000 -- $726 / 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 $16,574 $1,591,811 $848,966 $742,845
2024 $16,574 $1,560,600 $832,320 $728,280
2023 $16,777 $1,530,000 $816,000 $714,000
2022 $9,069 $1,500,000 $800,000 $700,000
2021 $8,945 $802,820 $535,215 $267,605
2020 $8,766 $794,590 $529,728 $264,862
2019 $8,487 $779,011 $519,342 $259,669
2018 $8,317 $763,737 $509,159 $254,578
2017 $8,181 $748,763 $499,176 $249,587
2016 $8,200 $734,083 $489,389 $244,694
2015 $8,067 $723,057 $482,038 $241,019
2014 $7,271 $650,000 $450,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Arleen Hardenstein

    Sotheby’s International Realty

    Section Image
  • Clancy D'Angelo

    Buyer's Agent in 2022

    Clancy D'Angelo

    Phillips Real Estate

    (831) 277-1358

    1 in this area

    1 Total Sale

    Clancy D'Angelo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81881925

MLSListings

APN: 006-653-010-000

California Monterey County Pacific Grove 93950

902 19th St, Pacific Grove, CA

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