StatusAccepting Backup Offers (Active Under Contract)
About 420 Monterey Ave
Fantastic restoration opportunity! A large 1880's Victorian - ready for a remodel with approved plans. Water for the third bathroom has already been purchased. Existing house sits on a 6,800 square foot lot. Adjoining 4,000 sq. ft. lot with approved plans for a 1,780 square foot house and 2 car garage with 480 square foot ADU can be purchased for an additional $500,000 (subject to obtaining a water meter and purchasing water).
Property Details
Property Features
Property Information:
Architectural Style: Victorian
Year Built: 1880
Living Area: 2,096 SqFt
Listing Office:
Office Name: Sotheby's International Realty
Office Phone: (831) 624-1566
Listing Agent: Alecia Hull
Interior Features
Interior Information:
Interior: Utility Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
View: Neighborhood
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
School Info
Assigned Schools Information:
Pacific Grove High School, Public District Grades 9-12
Pacific Grove Middle School, Public District Grades 6-8
Robert Down Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Cross Street: Spruce
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
Price Per SqFt: $620/SqFt
Tax Information:
Annual Amount: $8,655
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Pacific Grove, CA.
This property is $125K less than the Median Sold Price and $441/SqFt less than other homes in Pacific Grove, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81930440
Listing Office:
Office Name: Sotheby's International Realty
Office Phone: (831) 624-1566
Listing Agent: Alecia Hull
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 2:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,655
$777,073
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,556
Per Month
Principal & Interest
$6,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,964
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Robert Down Elementary School
485 Pine Ave
Distance between this listing and this school0.19 miles
Public District Grades KG-5
Middle School
7
/10
Pacific Grove Middle School
835 Forest Ave
Distance between this listing and this school0.36 miles
Public District Grades 6-8
High School
8
/10
Pacific Grove High School
615 Sunset Dr
Distance between this listing and this school0.72 miles
Public District Grades 9-12
Assigned Schools
9
/10
Robert Down Elementary School
485 Pine Ave
Distance between this listing and this school0.19 miles
Public District Grades KG-5
Nearby Schools
6
/10
Forest Grove Elementary School
1065 Congress Ave
Distance between this listing and this school0.84 miles
Public District Grades KG-5
6
/10
Monte Vista
251 Soledad Dr
Distance between this listing and this school1.96 miles
Public District Grades KG-5
Assigned Schools
7
/10
Pacific Grove Middle School
835 Forest Ave
Distance between this listing and this school0.36 miles
Public District Grades 6-8
Nearby Schools
5
/10
Monterey Bay Charter
1004 David Ave
Distance between this listing and this school1.15 miles
Public Charter Grades KG-8
4
/10
Walter Colton
100 Toda Vista Dr
Distance between this listing and this school1.70 miles
Public District Grades 6-8
Assigned Schools
8
/10
Pacific Grove High School
615 Sunset Dr
Distance between this listing and this school0.72 miles
Public District Grades 9-12
Nearby Schools
7
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school1.67 miles
Public District Grades 9-12
9
/10
Carmel High School
3600 Ocean Ave
Distance between this listing and this school4.28 miles
The neighbors living near this home have an average income of $65,068. The majority of Pacific Grove, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 420 Monterey Ave
What is the listing price of this property?
The listing price of 420 Monterey Ave property is $1,300,000.
What type of property is this?
The property 420 Monterey Ave is a house located in Pacific Grove, California, 93950.
Is this property for sale now?
Accepting Backup Offers: 420 Monterey Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 420 Monterey Ave are: Robert Down Elementary School: GreatSchools Rating 9/10Pacific Grove Middle School: GreatSchools Rating 7/10Pacific Grove High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,655 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 420 Monterey Ave has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 420 Monterey Ave is 2,096 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 420 Monterey Ave is 1880.
This home is located at 420 Monterey Ave in Pacific Grove, CA and zip code 93950. This 2,096 square foot home, which was built in 1880, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 07, 2023 and is currently priced at $1,300,000.
In March 2024, from all listings sold in Pacific Grove, CA there were more than 4 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Pacific Grove, CA between February 2024 and March 2024 increased by 32.4%. In March 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $1,425,000.
From Rocket Homes Real Estate and based on county public records data.