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775 Mermaid Ave

Pacific Grove, CA 93950

1 bd 1 ba 688 sqft Built 1971 Lot 1,400 sqft single_family
Most recent sale
$941,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2026 Price changed $975,000 MLSListings
Apr 7, 2026 Listed $999,999 MLSListings
Dec 3, 2025 Listed for rent $3,000 Rently
Nov 27, 2025 Listed for rent $3,200 Rently
Nov 25, 2025 Listed for rent $3,200 AppfolioUnits
Jun 15, 2022 Sold $941,000 MLS #ML81891326
May 12, 2022 Listed $940,888 MLS #ML81891326
Jun 12, 1979 Sold $79,000 Public Record
Dec 22, 1976 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $574,113 $424,483 $998,596 $10,905
2024 $574,113 $424,483 $998,596 $10,378
2023 $551,820 $408,000 $959,820 $10,498
2022 $128,858 $36,372 $165,230 $1,883
2021 $126,332 $35,659 $161,991 $1,873
2020 $125,037 $35,294 $160,331 $1,837
2019 $122,586 $34,602 $157,188 $1,780
2018 $120,183 $33,924 $154,107 $1,747
2017 $117,827 $33,259 $151,086 $1,719
2016 $115,517 $32,607 $148,124 $1,722
2015 $113,782 $32,118 $145,900 $1,695
2014 $111,554 $31,489 $143,043 $1,583
2013 $111,050 $31,347 $142,397 $1,588
2012 $108,873 $30,733 $139,606 $1,567
2011 $106,739 $30,131 $136,870 $1,527
2010 $105,942 $29,906 $135,848 $1,567
2009 $104,112 $29,391 $133,503 $1,548
2008 $104,112 $29,391 $133,503 $1,499
2007 $102,071 $28,815 $130,886 $1,445

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
1
Baths
1
Living area
688 sqft
Lot size
1,400 sqft
ZIP code
93950
City
Pacific Grove
Street
Mermaid Ave
Coordinates
36.62759, -121.92136

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
$5,646
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 775 Mermaid Ave last sell?
775 Mermaid Ave most recently sold on Jun 15, 2022 for $941,000.
What is the current tax assessment for 775 Mermaid Ave?
The most recent total assessment for 775 Mermaid Ave (year 2025) is $998,596 with $10,905 in property tax.
How does 775 Mermaid Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $941,000.
When was 775 Mermaid Ave built?
775 Mermaid Ave was built in 1971.
How does 775 Mermaid Ave compare to others on Mermaid Ave?
We track 8 other properties on Mermaid Ave. Browse the list under "Other properties on Mermaid Ave" to compare beds, baths, and sale history.
What are the property facts for 775 Mermaid Ave?
775 Mermaid Ave is a 1 bed, 1 bath, 688 sqft, 1,400 sqft lot single_family.
Is 775 Mermaid Ave a flip candidate?
No — 775 Mermaid Ave does not appear in our flips dataset.
Is 775 Mermaid Ave a tax-appeal candidate?
No — 775 Mermaid 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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