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311 Prescott Lane

311 Prescott Lane, Pacific Grove, CA 93950
Property in New Monterey
Sold Nov 18, 2015
$625,000
$357,000 by Bank Of America Na
Mortgage Due Dec 01, 2045
Sold Aug 27, 1996
$195,000
$146,250 by Sierra West Mortgage
Mortgage
Local assessors in Pacific Grove, CA have categorized 311 Prescott Lane 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 6,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 311 Prescott Lane has a total of 1,060 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. The home's floor/wall heating system 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 Nov 10, 2015 for $625,000. That's $589.62 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 1996 for $195,000. 311 Prescott Lane was last assessed in 2023. The total value of the property was assessed at $711,138. Specifically, the land the property is located on was valued at $512,020. While improvements on the property were assessed at a total of $199,118. 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 $7,696. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 1,060
  • Gross Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEA VIEW TERRACE
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR 143 SEA VIEW TERRACE LOT 3 & E 1 FT OF LOT 4 & 5 BLK 1

Ownership

  • Current Owner : LIU YA
  • Previous Owner : BOLOTNIKOV ANDREY A
  • Previous Owner 2: BOLOTNIKOV ANDREY A
  • Owner Before Previous Owner: NADEAU KAREN M
  • Owner Before Previous Owner 2: NADEAU ALEXANDER C
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Pacific Grove Unified School District
  • Census Tract: 012000

Geography

  • Subdivision Tract Number: 143
  • Parcel: 006-722-014-000
  • Block: 1
  • Lot: 3,4,5
  • Latitude: 36.6057
  • Longitude: -121.919

    Address

  • Full Address: 311 Prescott Ln
  • Address - House Number: 311
  • Address - Street Name: Prescott
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Pacific Grove
  • Carrier Code: C012
  • 4-Digit Zip Code: 5209
  • Zip Code: 93950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,696
  • Tax Rate Code Area: 004-000

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 1,153,593
  • High Value: 1,390,523
  • Low Value: 916,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 18, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $357,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,138
  • Assessed Land Value: $512,020
  • Assessed Improvements Value: $199,118

    Sales

  • Current Sale Contract Date: Nov 10, 2015
  • Current Sale Recording Date: Nov 18, 2015
  • Current Sale Transaction ID: 1356185116
  • Current Sale Price: $625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015066256
  • Previous Sale Recording Date: Aug 27, 1996
  • Previous Sale Contract Date: Aug 15, 1996
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 18, 2015
  • First Mortgage Loan Amount: $357,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA WEST MORTGAGE
  • Previous Mortgage Transaction Date: Aug 27, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $146,250

About New Monterey



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Frequently Asked Questions

What neighborhood is 311 Prescott Lane located in?
The 311 Prescott Lane is a located in the neighborhood of New Monterey in New Monterey, Pacific Grove.
What is the average sales price for listings in 311 Prescott Lane?
The average sales price for units in 311 Prescott Lane is $0 currently.

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