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937 Petra Lane

937 Petra Lane, Pacific Grove, CA 93950
Property in Monterey
Sold Aug 09, 2017
$360,000
$456,658 by Sun West Mortgage Company Inc
Mortgage Due Apr 01, 2051
Local assessors in Pacific Grove, CA have categorized 937 Petra Lane as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 8,500 square feet. 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 8 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 937 Petra Lane has a total of 1,462 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 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 central 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 937 Petra Lane was last sold in Aug 8, 2017 for $360,000. According to our calculations, that's $246.24 per sqft. Current property owners are expected to pay $5,171 in taxes per year. The property on 937 Petra Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $481,030. To break that down further, the land itself was valued at $316,474. While improvements to the property were assessed at a total of $164,556. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 1,462
  • Gross Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NINE PONDS PARK
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 362 NINE PONDS PARK LOT 22 BLK 1

Ownership

  • Current Owner : ADAMS GRANT ANDREW
  • Current Owner 2: ADAMS JEAN P
  • Previous Owner : GLADE JAYNETTE V
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Subdivision Tract Number: 362
  • Parcel: 006-662-047-000
  • Block: 1
  • Lot: 22
  • Latitude: 36.6119
  • Longitude: -121.923

    Address

  • Full Address: 937 Petra Ln
  • Address - House Number: 937
  • Address - Street Name: Petra
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Pacific Grove
  • Carrier Code: C010
  • 4-Digit Zip Code: 4822
  • Zip Code: 93950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,171
  • Tax Rate Code Area: 004-000

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 68
  • Final Value: 1,168,531
  • High Value: 1,435,059
  • Low Value: 902,003

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $556,658
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $456,658
  • 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, 2051
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 13, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 07, 2063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,030
  • Assessed Land Value: $316,474
  • Assessed Improvements Value: $164,556

    Sales

  • Current Sale Contract Date: Aug 08, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Transaction ID: 1732286854
  • Current Sale Price: $360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017042598

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 09, 2017
  • First Mortgage Loan Amount: $311,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

About Pacific Grove



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Frequently Asked Questions

What neighborhood is 937 Petra Lane located in?
The 937 Petra Lane is a located in the neighborhood of Monterey in Pacific Grove, Pacific Grove.
What is the average sales price for listings in 937 Petra Lane?
The average sales price for units in 937 Petra Lane is $0 currently.

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