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1124 Balboa Ave

Pacific Grove, CA 93950

4 bd 3 ba 2,638 sqft Built 2007 Lot 6,534 sqft single_family
Most recent sale
$2,750,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $2,750,000 MLS #ML81902811
Sep 3, 2022 Price changed $2,850,000 MLS #ML81902811
Aug 5, 2022 Listed $2,998,000 MLS #ML81902811
May 25, 2012 Sold $1,250,000 MLS #81215593
Apr 26, 2012 Listed $1,299,000 MLS #81215593
Jan 13, 2012 Listing removed $1,350,000 MLSListings
Oct 1, 2011 Price changed $1,350,000 MLS #81116825
Sep 1, 2011 Price changed $1,399,000 MLS #81116825
Aug 10, 2011 Price changed $1,425,000 MLS #81116825
Jul 7, 2011 Price changed $1,495,000 MLS #81116825
May 19, 2011 Price changed $1,525,000 MLS #81116825
Apr 15, 2011 Listed $1,549,000 MLS #81116825
Mar 5, 2011 Listing removed $1,575,000 MLSListings
Jan 24, 2011 Price changed $1,575,000 MLS #81048400
Dec 7, 2010 Price changed $1,625,000 MLS #81048400
Oct 2, 2010 Listed $1,695,000 MLS #81048400
Jan 23, 2002 Sold $515,000 Public Record
Feb 19, 1997 Sold $235,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $544,838 $639,593 $1,184,431 $12,941
2024 $544,838 $639,593 $1,184,431 $12,316
2023 $1,250,000 $1,500,000 $2,750,000 $30,170
2022 $591,801 $887,703 $1,479,504 $16,324
2021 $580,198 $870,298 $1,450,496 $16,242
2020 $574,249 $861,375 $1,435,624 $15,917
2019 $562,990 $844,486 $1,407,476 $15,411
2018 $551,951 $827,928 $1,379,879 $15,104
2017 $541,129 $811,695 $1,352,824 $14,859
2016 $530,519 $795,780 $1,326,299 $14,896
2015 $522,551 $783,827 $1,306,378 $14,656
2014 $512,315 $768,473 $1,280,788 $14,350
2013 $510,000 $765,000 $1,275,000 $14,117
2012 $516,219 $466,940 $983,159 $10,824
2011 $506,098 $457,785 $963,883 $10,697
2010 $490,250 $434,750 $925,000 $10,190
2009 $507,300 $458,873 $966,173 $10,491
2008 $156,000 $449,876 $605,876 $6,503
2007 $126,801 $441,055 $567,856 $6,045

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,638 sqft
Lot size
6,534 sqft
ZIP code
93950
City
Pacific Grove
Street
Balboa Ave
Coordinates
36.63352, -121.92644

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
$8,442
Gross rental yield
3.68%
Implied cap rate
2.39%
Trend-extrapolated value

Frequently asked questions

When did 1124 Balboa Ave last sell?
1124 Balboa Ave most recently sold on Oct 11, 2022 for $2,750,000.
What is the current tax assessment for 1124 Balboa Ave?
The most recent total assessment for 1124 Balboa Ave (year 2025) is $1,184,431 with $12,941 in property tax.
How does 1124 Balboa Ave's assessment compare to its last sale price?
The current assessment is 56.9% below the last sale price of $2,750,000.
When was 1124 Balboa Ave built?
1124 Balboa Ave was built in 2007.
How does 1124 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 1124 Balboa Ave?
1124 Balboa Ave is a 4 bed, 3 bath, 2,638 sqft, 6,534 sqft lot single_family.
Is 1124 Balboa Ave a flip candidate?
No — 1124 Balboa Ave does not appear in our flips dataset.
Is 1124 Balboa Ave a tax-appeal candidate?
No — 1124 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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