NOT LISTED FOR SALE

100 Le Point St Arroyo Grande, CA 93420

Estimated Value: $1,074,000 - $1,328,000

5 Beds
5 Baths
2,520 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $800,000 $317 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,297/month

Highlights

  • Corner Lot
  • Laundry Room
  • 4-minute walk to Centennial Park
  • Ocean View Elementary School Rated A-

About This Home

As of February 2018

This triplex has 3 units, Unit A has 1 bedroom 1 bathroom. Unit B has 2 Bathrooms and 2 bedrooms. Unit C has 2 bathrooms and 2 brooms. This lovely tri plex is in amazing condition and is a great investment opportunity! A minute walk from down town Arroyo Grande, local schools, shopping and restaurants.

Last Agent to Sell the Property

Taylor North

San Luis Bay Realty License #01936978 Listed on: 02/14/2018

Last Buyer's Agent

Taylor North

San Luis Bay Realty License #01936978 Listed on: 02/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,232

Year Built

  • Built in 2006

Lot Details

  • 5,100 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Paved or Partially Paved Lot
  • Density is 2-5 Units/Acre

Home Design

  • 2,520 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Parking

  • Parking Available
  • Private Parking
  • Parking Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, telephone, trash collection, water
  • Assessor Parcel Number 007193007

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,336
  • New Taxes Expense $8,344
  • Operating Expense $9,544
  • Gross Income $4,000
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,232

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Other Phone Number: 8057091126
  • Property Attached: Yes
  • Subdivision Name Other: le pointe planned development
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 007193007
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 317.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Private

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Paved
  • Lot Size Sq Ft: 5100.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 4100.00
  • Insurance Expense: 1336.00
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 9544.00

Tax Info

  • New Taxes Expense: 8344.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2019
Sold by
Smith Darren
Bought by
Eisengart Bruce and Eisengart Joette A
Current Estimated Value
$1,226,533

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jan 29, 2018
Sold by
Boyle Boyle Nancy Nancy and Boyle Michael P
Bought by
Smith Darren
Seller's Agent
Taylor North
San Luis Bay Realty
Buyer's Agent
Taylor North
San Luis Bay Realty
List Price
$840,000
Sold Price
$800,000
Premium/Discount to List
-$40,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$400,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2006
Sold by
Le Pointe Investments Llc
Bought by
Boyle Michael and Boyle Nancy
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eisengart Bruce $800,000 First American Title Souther
Smith Darren $800,000 Fidelity National Title Co
Boyle Michael $725,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Darren $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $800,000 -4.8% $317 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $840,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,232 $892,410 $362,541 $529,869
2024 $9,126 $874,913 $355,433 $519,480
2023 $9,126 $857,759 $348,464 $509,295
2022 $8,988 $840,941 $341,632 $499,309
2021 $8,970 $824,453 $334,934 $489,519
2020 $8,868 $816,000 $331,500 $484,500
2019 $8,980 $816,000 $331,500 $484,500
2018 $8,873 $800,000 $325,000 $475,000
2017 $8,344 $750,000 $300,000 $450,000
2016 $8,040 $750,000 $300,000 $450,000
2015 $7,016 $650,000 $255,000 $395,000
2014 -- $550,000 $250,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18035582

California Regional Multiple Listing Service (CRMLS)

APN: 007-193-007