NOT LISTED FOR SALE

970 Lighthouse Ave Pacific Grove, CA 93950

Estimated Value: $1,547,000 - $1,808,000

3 Beds
2 Baths
1,534 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $1,275,000 $831 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,235/month

113 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Robert Down Elementary School Rated A
  • Neighborhood Views
  • 1 Car Detached Garage

About This Home

As of January 2024

Price Improvement! Now $1,499,000. Welcome home to 970 Lighthouse Ave Pacific Grove. Offering 3 bedrooms, 2 baths, split level living room/dining room combo with fireplace (living room area has one step down from front entry and one step up to breakfast nook/office area), breakfast nook/office area between the kitchen and living room. Access to basement area/extra storage area can be found at the rear/backside of the property under the dining/living room area. Approximately 1,485 square feet per the Matterport floor plan and 1,534 per tax records. Interior has been freshly painted along with some new flooring in areas and other minor repairs. Property has been a rental since 1984 with a great rental history.  Great investment/investor opportunity/1031 Exchange property. A must see to appreciate!

Last Agent to Sell the Property

J.R. Rouse

Sotheby’s International Realty License #01299649 Listed on: 09/01/2023

Sotheby’s International Realty

Co-Listed By

Matthew Velasquez

Sotheby’s International Realty License #01968946

Last Buyer's Agent

Nurten Atila

Sotheby’s International Realty License #02087843

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 9,601 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Down

Parking

  • 1 Car Detached Garage
  • Tandem Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laundry in Utility Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 006-134-015-000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage, Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1534
  • Year Built: 1941
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Countertop - Laminate, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1534
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Partial Fencing
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Covered Parking, Detached Garage, Tandem Parking

Utilities

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

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 006-134-015-000
  • Lot Acres: 0.2204
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9600.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Basement area

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Jan 17, 2024
Sold by
Fesler Curtis Wade
Bought by
Fesler Adrianne
Seller's Agent
J.R. Rouse
Sotheby’s International Realty
Buyer's Agent
Nurten Atila
Sotheby’s International Realty
List Price
$1,838,000
Sold Price
$1,275,000
Premium/Discount to List
-$563,000
-30.63%
Views
862
Current Estimated Value
$1,688,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,094
Avg. Annual Appreciation
15.57%
Original Mortgage
$1,000,000
Outstanding Balance
$982,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$705,594

Purchase Details

Listed on
Sep 1, 2023
Closed on
Jan 10, 2024
Sold by
Savage Karyn and Fester Adrianne
Bought by
Demir Erkan and Demir Sonur
Seller's Agent
J.R. Rouse
Sotheby’s International Realty
Buyer's Agent
Nurten Atila
Sotheby’s International Realty
List Price
$1,838,000
Sold Price
$1,275,000
Premium/Discount to List
-$563,000
-30.63%
Views
862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$982,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$705,594

Purchase Details

Closed on
Jun 8, 1994
Sold by
Savage Karyn and Fesler Adrianne
Bought by
Savage Karyn and Fesler Adrianne

Purchase Details

Closed on
May 6, 1994
Sold by
Day Janet
Bought by
Sundstrom Neil
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fesler Adrianne -- Old Republic Title Company
Demir Erkan $1,275,000 Old Republic Title Company
Savage Karyn -- Old Republic Title Company
Sundstrom Neil -- Old Republic Title Company
Savage Karyn -- --
Sundstrom Neil $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demir Erkan $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $1,275,000 -14.9% $831 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $1,499,000 -13.8% $977 / Sq Ft
10/05/2023 10/05/23 Price Changed $1,738,000 -5.4% $1,133 / Sq Ft
09/01/2023 09/01/23 For Sale $1,838,000 -- $1,198 / 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 $4,680 $1,300,500 $612,000 $688,500
2024 $4,680 $1,275,000 $600,000 $675,000
2023 $4,771 $427,626 $228,356 $199,270
2022 $4,676 $419,242 $223,879 $195,363
2021 $4,652 $411,023 $219,490 $191,533
2020 $4,559 $406,810 $217,240 $189,570
2019 $4,415 $398,834 $212,981 $185,853
2018 $4,329 $391,014 $208,805 $182,209
2017 $4,259 $383,348 $204,711 $178,637
2016 $4,269 $375,833 $200,698 $175,135
2015 $4,201 $370,189 $197,684 $172,505
2014 $4,114 $362,938 $193,812 $169,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81938106

MLSListings

APN: 006-134-015-000