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516 12th St

Pacific Grove, CA 93950

2 bd 1 ba 773 sqft Built 1938 Lot 1,800 sqft single_family
Most recent sale
$950,000
Dec 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2024 Sold $1,055,000 MLSListings
Aug 27, 2024 Price changed $1,158,000 MLSListings
Jun 20, 2024 Listed $1,178,000 MLSListings
Dec 9, 2021 Sold $950,000 MLS #ML81869521
Aug 4, 2005 Sold $695,000 Public Record
Nov 5, 2003 Sold $442,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $355,000 $700,000 $1,055,000 $11,599
2024 $355,000 $700,000 $1,055,000 $10,552
2023 $306,000 $663,000 $969,000 $10,675
2022 $300,000 $650,000 $950,000 $10,458
2021 $244,000 $589,000 $833,000 $9,314
2020 $222,000 $536,000 $758,000 $8,398
2019 $215,000 $521,000 $736,000 $8,053
2018 $200,000 $483,000 $683,000 $7,476
2017 $190,000 $461,000 $651,000 $7,152
2016 $174,000 $420,000 $594,000 $6,677
2015 $158,000 $383,000 $541,000 $6,080
2014 $146,000 $354,000 $500,000 $5,617
2013 $142,000 $345,000 $487,000 $5,429
2012 $110,000 $400,000 $510,000 $5,665
2011 $150,000 $300,000 $450,000 $5,067
2010 $167,617 $405,756 $573,373 $6,391
2009 $167,617 $405,756 $573,373 $6,299
2008 $193,827 $469,200 $663,027 $7,176
2007 $210,681 $510,000 $720,681 $7,654

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
773 sqft
Lot size
1,800 sqft
ZIP code
93950
City
Pacific Grove
Street
12th St
Coordinates
36.61634, -121.91637

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 12th St last sell?
516 12th St most recently sold on Dec 9, 2021 for $950,000.
What is the current tax assessment for 516 12th St?
The most recent total assessment for 516 12th St (year 2025) is $1,055,000 with $11,599 in property tax.
How does 516 12th St's assessment compare to its last sale price?
The current assessment is 11.1% above the last sale price of $950,000.
When was 516 12th St built?
516 12th St was built in 1938.
How does 516 12th St compare to others on 12th St?
We track 8 other properties on 12th St. Browse the list under "Other properties on 12th St" to compare beds, baths, and sale history.
What are the property facts for 516 12th St?
516 12th St is a 2 bed, 1 bath, 773 sqft, 1,800 sqft lot single_family.
Is 516 12th St a flip candidate?
No — 516 12th St does not appear in our flips dataset.
Is 516 12th St a tax-appeal candidate?
No — 516 12th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.4%
Implied 1-yr
+33.8%
2026 Q3
$3.28M
2026 Q4
$3.46M
ZIP 93950 — Median Price History + Forecast

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