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1218 Shafter Ave, Pacific Grove, CA, 93950

$899,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
533 SqFt
$1,687/SqFt
House

Location

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1218 Shafter Ave, Pacific Grove$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingUncovered
Year Built1951
HeatingFireplace(s)
CoolingNone
MLS #ML81981377
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1218 Shafter Ave

Welcome home to the quintessential beach bungalow located on an oversized lot in a quiet neighborhood of Pacific Grove. This home features an updated kitchen, bathroom, flooring, and fresh paint, making it move-in ready. On chilly evenings, cozy up in front of the fireplace, or enjoy sunny weekends cooking in the spacious kitchen and entertaining in the oversized, private backyard. A separate building behind the home offers versatile possibilities. It could serve as an artist studio, yoga space, storage, or a quiet workspace. The specific siting of this cottage leaves most of the lot untouched, allowing for endless opportunities for future development. Rarely does an opportunity arise to preserve turnkey coastal charm while also allowing for a fresh vision, all within the highly desirable city of Pacific Grove.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 533 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (831) 318-0150
  • Listing Agent: Staples Gannaway ...

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s)
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Buena Vista Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $1,687/SqFt

Tax Information:

  • Annual Amount: $5,578
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pacific Grove, CA.

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Pacific Grove, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$1,071

Avg. Days On Market

30

# of Sold Homes

10

1218 Shafter Ave vs Pacific Grove

60 DAYS ON ROCKET

+30 Days

$899,000

-$596K Less

$1,687/SqFt

+$616 More

KEY TAKEAWAY

This property is $596K less than the Median Sold Price and $616/SqFt more 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: #ML81981377

Listing Office:

  • Office Name: Compass
  • Office Phone: (831) 318-0150
  • Listing Agent: Staples Gannaway ...

IDX 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: 11/23/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2017Home Sold
$478,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,578$502,988
2020$5,465$497,831
2019$5,184$488,070
2018$903$478,500
2017$903$76,016

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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.

Nearby Schools

school-card-donut-934287
6
/10

  • Forest Grove Elementary School

  • 1065 Congress Ave

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-934288
9
/10

  • Robert Down Elementary School

  • 485 Pine Ave

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-934289
5
/10

  • Monte Vista

  • 251 Soledad Dr

  • 1.54 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,206. Typical income of Pacific Grove, CA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1218 Shafter Ave

What is the listing price of this property?

The listing price of 1218 Shafter Ave property is $899,000.

What type of property is this?

The property 1218 Shafter Ave is a house located in Pacific Grove, California, 93950.

Is this property for sale now?

Accepting Backup Offers: 1218 Shafter Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,578 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 28, 2017 for $478,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1218 Shafter Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1218 Shafter Ave is 533 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1218 Shafter Ave is 1951.

Rocket Homes›California›Monterey County›Pacific Grove›93950›1218 Shafter Ave

This home is located at 1218 Shafter Ave in Pacific Grove, CA and zip code 93950. This 533 square foot home, which was built in 1951, sits on a 0.10 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $899,000.

While more than 2 listings in Pacific Grove, CA in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. In October 2024 in Pacific Grove, CA there were 10.4% less homes for sale than in September 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $1,495,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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