NOT LISTED FOR SALE

987 Ransford Ave Pacific Grove, CA 93950

Estimated Value: $1,034,000 - $1,139,000

3 Beds
1 Bath
945 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $900,000 $952 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,858/month

65 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Neighborhood Views
  • Forest Grove Elementary School Rated A
  • Quartz Countertops
  • Balcony

About This Home

As of November 2022

Welcome to this bright and lovely home located on a Pacific Grove cul de sac. Key features on this large 6905 sqft lot include your own personal patio seating area with fire pit, beautiful trees on the property, and an easy floor plan flow. Walking into the living room you will immediately notice the flooring, recessed lighting and new windows. These were remodeled in 2014 along with the kitchen, bath, electrical and plumbing. A dining area window seat and fireplace complete the cozy feel of this ready to move into PG home.

Last Listed By

Thomas Bristol

Sotheby’s International Realty License #01447566 Listed on: 07/06/2022

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,804

Year Built

  • Built in 1954

Lot Details

  • 6,599 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Mostly Level

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Located Outside
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 007-623-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,804

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 945
  • Year Built: 1954
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Gas, Refrigerator
  • Living Sq Ft: 945
  • Stories: 1
  • Laundry: Outside, Washer / Dryer
  • Flooring: Carpet, Wood
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower and Tub, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Wood Frame
  • Roof: Tar and Gravel
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio
  • Fencing: Wood
  • Property Faces: Northwest
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 007-623-002-000
  • Lot Acres: 0.1515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 26, 2022
Sold by
Hanes Mark and Hanes Lisa
Bought by
Chen Jie and Chen Fang
Seller's Agent
Thomas Bristol
Sotheby’s International Realty
Buyer's Agent
Chi-ping Shih
KW Coastal Estates
List Price
$1,075,000
Sold Price
$900,000
Premium/Discount to List
-$175,000
-16.28%
Total Days on Market
65
Views
85
Current Estimated Value
$1,082,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,236
Avg. Annual Appreciation
7.75%
Original Mortgage
$540,000
Outstanding Balance
$522,785
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$559,451

Purchase Details

Closed on
Oct 17, 2006
Sold by
Hanes Lisa
Bought by
Hanes Mark and Hanes Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,800
Interest Rate
2%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2006
Sold by
Hanes Mark
Bought by
Hanes Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,800
Interest Rate
2%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bank Of America Na
Bought by
Pacific Capital Bank Na

Purchase Details

Closed on
May 19, 2005
Sold by
Bank Of America Na
Bought by
Pacific Capital Bank Na

Purchase Details

Closed on
Oct 4, 2002
Sold by
Wallace Maria
Bought by
Wallace Maria

Purchase Details

Closed on
Nov 15, 1997
Sold by
Wallace Maria and Froberg Maria
Bought by
Wallace Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.23%

Range of Values:

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Average Value
Not Available
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
Chen Jie $900,000 Chicago Title
Hanes Mark -- None Available
Hanes Lisa -- First American Title Co
Hanes Lisa $631,000 First American Title Co
Pacific Capital Bank Na -- Accommodation
Pacific Capital Bank Na -- --
Wallace Maria -- --
Wallace Maria -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jie $540,000
Previous Owner Hanes Mark $45,747
Previous Owner Hanes Mark $150,000
Previous Owner Hanes Lisa $504,800
Previous Owner Wallace Maria $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $900,000 -5.3% $952 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $950,000 -4.5% $1,005 / Sq Ft
08/03/2022 08/03/22 Price Changed $995,000 -2.9% $1,053 / Sq Ft
07/18/2022 07/18/22 Price Changed $1,025,000 -4.7% $1,085 / Sq Ft
07/06/2022 07/06/22 For Sale $1,075,000 -- $1,138 / 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
2024 $9,804 $918,000 $612,000 $306,000
2023 $9,921 $900,000 $600,000 $300,000
2022 $8,783 $900,000 $600,000 $300,000
2021 $8,738 $781,013 $618,874 $162,139
2020 $8,036 $725,000 $574,000 $151,000
2019 $7,295 $666,000 $528,000 $138,000
2018 $6,782 $619,000 $490,000 $129,000
2017 $6,402 $582,000 $461,000 $121,000
2016 $5,855 $520,000 $412,000 $108,000
2015 $5,581 $496,000 $393,000 $103,000
2014 $4,553 $404,000 $320,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81899096

MLSListings

APN: 007-623-002-000