NOT LISTED FOR SALE

1136 E Grand Ave Arroyo Grande, CA 93420

0.92 Acres
-- Price per Acre
40,127 Sq Ft Lot

Last Sold April 04, 2017

Last sale price $970,000

30 Days on Market

About This Lot

As of April 2017

A centrally located mixed-use development opportunity on just under one acre. The property currently consists of a well cared for, 1,465 SF two bedroom home (currently used as an office) a detached 1 bedroom cottage, and a detached private office with restroom. Collect income while processing a development plan for the rear of the property. Shown by appointment only.

Last Agent to Sell the Property

Derek Senn

Anderson & Senn Commercial Real Estate License #01252131 Listed on: 12/05/2016

Last Buyer's Agent

Levi Seligman

Acquire Mortgage & Real Estate License #01936432

Property Details

Property Type

  • Land

Lot Details

  • 0.92 Acre Lot
  • Property is zoned Mixed Use

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 077113016

Property Details

Property Type

Land

Lot Details

0.92 Acres

Listing Details

  • Assessments: No
  • Possible Use Comments: Multi Family.
  • Subdivision Name Other: West of 101(1000)
  • Zoning: Mixed Use
  • Property Type: Land
  • Parcel Number: 077113016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 24.17

Utilities

  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40127.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2017
Sold by
Rahimi Sanaz
Bought by
East Grand Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Outstanding Balance
$657,859
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2014
Sold by
Sugarman Gerald I
Bought by
Sugarman Gerald I and Sugarman Christina Alston

Purchase Details

Closed on
Nov 24, 2009
Sold by
Castlemyn Gp Ltd and Sadek Bill
Bought by
Sugarman Gerald I

Purchase Details

Closed on
Sep 22, 2004
Sold by
Sugarman Christina
Bought by
Sugarman Gerald I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2004
Sold by
Capital Ad Venture Corp
Bought by
Sugarman Gerald I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2002
Sold by
Byrne Dorothy May
Bought by
Capital Ad Venture Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records
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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
East Grand Village Llc $194,500 First American Title Company
Sugarman Gerald I -- None Available
Sugarman Gerald I -- None Available
Sugarman Gerald I -- None Available
Sugarman Gerald I -- Fidelity Title Company
Sugarman Gerald I $610,000 Fidelity Title Company
Capital Ad Venture Corp $525,000 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Grand Village Llc $788,000
Previous Owner Sugarman Gerald I $410,000
Previous Owner Capital Ad Venture Corp $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $970,000 -2.5% --
01/04/2017 01/04/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $995,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,417 $1,103,690 $910,261 $193,429
2024 $11,286 $1,082,050 $892,413 $189,637
2023 $11,286 $1,060,834 $874,915 $185,919
2022 $11,115 $1,040,034 $857,760 $182,274
2021 $11,094 $1,019,642 $840,942 $178,700
2020 $10,967 $1,009,188 $832,320 $176,868
2019 $10,888 $989,400 $816,000 $173,400
2018 $10,758 $970,000 $800,000 $170,000
2017 $8,151 $732,628 $480,413 $252,215
2016 $7,700 $718,264 $470,994 $247,270
2015 $6,422 $595,000 $395,000 $200,000
2014 $6,047 $570,000 $380,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1073394

California Regional Multiple Listing Service (CRMLS)

APN: 077-113-016

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