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1123 Balboa Ave

Pacific Grove, CA 93950

4 bd 4 ba 2,457 sqft Built 1997 Lot 6,400 sqft single_family
Most recent sale
$3,300,000
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2021 Sold $3,300,000 MLS #ML81863483
Oct 8, 2018 Sold $2,150,000 MLS #ML81705173
Aug 16, 2018 Price changed $2,250,000 MLS #ML81705173
Jul 16, 2018 Price changed $2,349,000 MLS #ML81705173
May 11, 2018 Listed $2,448,000 MLS #ML81705173
Nov 5, 1997 Sold $400,000 Public Record
May 26, 1976 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $845,881 $1,323,047 $2,168,928 $23,727
2024 $845,881 $1,323,047 $2,168,928 $22,582
2023 $813,036 $1,271,672 $2,084,708 $22,816
2022 $1,300,000 $2,000,000 $3,300,000 $36,153
2021 $942,510 $1,288,209 $2,230,719 $24,752
2020 $918,000 $1,275,000 $2,193,000 $24,090
2019 $900,000 $1,250,000 $2,150,000 $23,319
2018 $605,239 $378,887 $984,126 $10,753
2017 $593,372 $371,458 $964,830 $10,578
2016 $581,738 $364,175 $945,913 $10,604
2015 $573,000 $358,705 $931,705 $10,433
2014 $168,558 $351,679 $520,237 $5,857
2013 $168,558 $350,090 $518,648 $5,790
2012 $165,253 $343,226 $508,479 $5,664
2011 $162,013 $336,497 $498,510 $5,606
2010 $160,803 $333,983 $494,786 $5,524
2009 $161,186 $334,777 $495,963 $5,457
2008 $158,026 $328,213 $486,239 $5,280
2007 $154,928 $321,778 $476,706 $5,085

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,457 sqft
Lot size
6,400 sqft
ZIP code
93950
City
Pacific Grove
Street
Balboa Ave
Coordinates
36.63321, -121.92665

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$19,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1123 Balboa Ave last sell?
1123 Balboa Ave most recently sold on Nov 17, 2021 for $3,300,000.
What is the current tax assessment for 1123 Balboa Ave?
The most recent total assessment for 1123 Balboa Ave (year 2025) is $2,168,928 with $23,727 in property tax.
How does 1123 Balboa Ave's assessment compare to its last sale price?
The current assessment is 34.3% below the last sale price of $3,300,000.
When was 1123 Balboa Ave built?
1123 Balboa Ave was built in 1997.
How does 1123 Balboa Ave compare to others on Balboa Ave?
We track 8 other properties on Balboa Ave. Browse the list under "Other properties on Balboa Ave" to compare beds, baths, and sale history.
What are the property facts for 1123 Balboa Ave?
1123 Balboa Ave is a 4 bed, 4 bath, 2,457 sqft, 6,400 sqft lot single_family.
Is 1123 Balboa Ave a flip candidate?
No — 1123 Balboa Ave does not appear in our flips dataset.
Is 1123 Balboa Ave a tax-appeal candidate?
No — 1123 Balboa Ave 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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