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1033 Forest Avenue

1033 Forest Avenue, Pacific Grove, CA 93950
Property in Monterey
Sold Mar 10, 2017
$915,000
$3,732,000 by Stearns Lending Llc
Mortgage Due Apr 01, 2047
Sold May 28, 2014
$782,500
$626,000 by Bank Of The West
Mortgage Due Jun 01, 2044
Local assessors in Pacific Grove, CA have categorized 1033 Forest Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 7,600 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1033 Forest Avenue has a total of 1,641 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 6, 2017 for $915,000. That's $557.59 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2014 for $782,500. 1033 Forest Avenue was last assessed in 2023. The total value of the property was assessed at $1,020,695. Specifically, the land the property is located on was valued at $669,309. While improvements on the property were assessed at a total of $351,386. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,029. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,641
  • Gross Building Area: 1,641
  • Building Area: 1,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB HEIGHTS
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COUNTRY CLUB HEIGHTS LOT 9 BLK 4 SLY 2 INCHES OF LOT 8 BLK 4

Ownership

  • Current Owner : DESHPANDE KETAN R
  • Current Owner 2: DESHPANDE LISA D
  • Previous Owner : BIANCHI PAUL
  • Owner Before Previous Owner: SHEA MICAH
  • Owner Before Previous Owner 2: SHEA MELISSA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pacific Grove Unified School District
  • Census Tract: 012100

Geography

  • Parcel: 006-701-016-000
  • Block: 4
  • Lot: 9,8
  • Latitude: 36.6104
  • Longitude: -121.922

    Address

  • Full Address: 1033 Forest Ave
  • Address - House Number: 1033
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pacific Grove
  • Carrier Code: C012
  • 4-Digit Zip Code: 4814
  • Zip Code: 93950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,029
  • Tax Rate Code Area: 004-000

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 1,572,516
  • High Value: 1,918,167
  • Low Value: 1,226,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,732,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 10, 2017
  • First Open Lien Mortgage Loan Amount: $3,732,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,020,695
  • Assessed Land Value: $669,309
  • Assessed Improvements Value: $351,386

    Sales

  • Current Sale Contract Date: Mar 06, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Transaction ID: 1805987289
  • Current Sale Price: $915,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017013382
  • Previous Sale Recording Date: May 28, 2014
  • Previous Sale Contract Date: May 20, 2014
  • Previous Sale Amount: $782,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Mar 10, 2017
  • First Mortgage Loan Amount: $3,732,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE WEST
  • Previous Mortgage Transaction Date: May 28, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $626,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Pacific Grove



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Frequently Asked Questions

What neighborhood is 1033 Forest Avenue located in?
The 1033 Forest Avenue is a located in the neighborhood of Monterey in Pacific Grove, Pacific Grove.
What is the average sales price for listings in 1033 Forest Avenue?
The average sales price for units in 1033 Forest Avenue is $0 currently.

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