new - 7 days on rocket

540 Spruce Ave, Pacific Grove, CA, 93950

$1,455,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,275 SqFt
$1,141/SqFt
House

Location

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540 Spruce Ave, Pacific Grove$1,455,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Attached Garage2 spaces
Year Built1979
CoolingNone
FireplaceWood Burning
ViewNeighborhood, Ocean, Water
MLS #ML81988975
Lot Size0.04 Acres
StatusActive

About 540 Spruce Ave

Amazing opportunity to own a home in a prime location within walking distance to Monterey Bay Aquarium, Lovers Point Beach, Old Fisherman's Wharf and Cannery Row. Not many homes become available in this highly desirable neighborhood. Charming 3-bedroom, 2-bathroom with 1,275sqft of living space. Kitchen is well-equipped with fairly new stainless steel appliances. The open concept includes a kitchen/family room combo and a dining area within the family room, perfect for gatherings. The home provides a sense of tranquility, featuring a roof that is merely two years old and equipped with relatively new dual-pane windows throughout the property. The two car garage offers amazing potential for an ADU. The living area features a cozy fireplace and high ceilings with skylights, enhancing the sense of space and natural lighting throughout. Within walking distance to schools. Don't miss the opportunity to own this delightful property in a sought-after location.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Victorian
  • Year Built: 1979
  • Stories: 2
  • Living Area: 1,275 SqFt

Listing Office:

  • Office Name: Bay Shore Real Estate, Inc.
  • Office Phone: (831) 809-5948
  • Listing Agent: Andres Fernandez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range Hood
  • Flooring Type: Laminate, Tile, Wood
  • Interior: Loft
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Neighborhood, Ocean, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corners Marked
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Congress Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,455,000
  • Price Per SqFt: $1,141/SqFt

Tax Information:

  • Annual Amount: $7,020
  • 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

$1,137

Avg. Days On Market

20

# of Sold Homes

9

540 Spruce Ave vs Pacific Grove

7 DAYS ON ROCKET

-13 Days

$1,455,000

-$35K Less

$1,141/SqFt

+$3 More

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $3/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: #ML81988975

Listing Office:

  • Office Name: Bay Shore Real Estate, Inc.
  • Office Phone: (831) 809-5948
  • Listing Agent: Andres Fernandez

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: 1/3/2025, 2:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2008Home Sold
$525,000
Nov 01, 2006Home Sold
$740,000
May 01, 1997Home Sold
$245,000
Jan 27, 1995Home Sold
$245,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,020$624,581
2020$6,879$618,178
2019$6,529$606,058
2018$6,424$594,175
2017$6,424$582,525

History based on county public records data.

Payment Calculator

$7,329

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,429

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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-51046
9
/10

  • Robert Down Elementary School

  • 485 Pine Ave

  • 0.08 miles

  • Public District Grades KG-5

school-card-donut-51047
6
/10

  • Forest Grove Elementary School

  • 1065 Congress Ave

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-51048
5
/10

  • Monte Vista

  • 251 Soledad Dr

  • 2.00 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 $65,068. Most Pacific Grove, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Spruce Ave

What is the listing price of this property?

The listing price of 540 Spruce Ave property is $1,455,000.

What type of property is this?

The property 540 Spruce Ave is a house located in Pacific Grove, California, 93950.

Is this property for sale now?

Active Listing: 540 Spruce Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,020 (source: MLS/based on county public records data).

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

The last sale was on March 20, 2008 for $525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 540 Spruce Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 540 Spruce Ave is 1,275 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Spruce Ave is 1979.

Rocket Homes›California›Monterey County›Pacific Grove›93950›540 Spruce Ave

This home is located at 540 Spruce Ave in Pacific Grove, CA and zip code 93950. This 1,275 square foot home, which was built in 1979, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $1,455,000.

Pacific Grove, CA housing market in December 2024 saw over 4 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The number of listings in Pacific Grove, CA decreased by 5.4% between November 2024 and December 2024. Listings spent 20 days on the market in December 2024, and had a median list price of $1,490,000 during the same period.

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

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