NOT LISTED FOR SALE

Estimated Value: $1,681,000 - $3,492,000

2 Beds
2 Baths
1,189 Sq Ft
$2,284/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $2,985,500 $2,511 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,849/month

Highlights

  • Beach Front
  • Updated Kitchen
  • L-Shaped Dining Room
  • White Water Ocean Views
  • Living Room with Attached Deck
  • No HOA

About This Home

As of June 2023

As you walk in, you feel you can reach out and touch the ocean, it seems that close. Large windows to the sea and the sound and smell of it, make you forget everything else. This older home, with a beautifully updated oceanview kitchen, real fireplace and old world charm, is steps from Downtown Cayucos. Not only is the location hard to replace, it also includes a Notice of Intent to issue a Coastal Dev. Permit from the Coastal Commission for a brand new home.

Last Agent to Sell the Property

Sandy Bean

Oceanside International Real E License #00683212 Listed on: 06/02/2023

Last Buyer's Agent

Kalani Jackson

Pedersen Realty License #00925922

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 4,480 Sq Ft Lot
  • Beach Front
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned RSF

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level

Property Views

  • White Water Ocean
  • Panoramic
  • Bluff

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Cayucos Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 19
  • Assessor Parcel Number 064227006
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Town Of Cayucos Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: RSF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 064227006
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1189.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Living Room Deck Attached
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning, Masonry
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2510.93
  • Room Type: All Bedrooms Down, Jack & Jill
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic, White Water
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Driveway Level, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Schools

  • Elementary School: Cayucos
  • Elementary School #2: CAYUC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Level with Street, Paved
  • Lot Size Sq Ft: 4480.00
  • Lot Size Acres: 0.1028
  • Latitude Manual: 35.44028400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4480.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Ocean Front, Sea Front, Seawall

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 105.04
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
May 24, 2023
Sold by
David Tibbitts Living Trust
Bought by
Smith Family Trust
Seller's Agent
Sandy Bean
Oceanside International Real E
Buyer's Agent
Kalani Jackson
Pedersen Realty
List Price
$2,985,500
Sold Price
$2,985,500
Current Estimated Value
$2,715,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$270,172
Avg. Annual Appreciation
-3.61%

Purchase Details

Closed on
Mar 1, 2021
Sold by
Tibbitts David
Bought by
Tibbitts David Henry and David Tibbittis Living Trust

Purchase Details

Closed on
Nov 29, 2016
Sold by
Heigel Stephanie
Bought by
Tibbitts David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 1997
Sold by
Lalonde Rose Marie
Bought by
Tibbitts David

Purchase Details

Closed on
May 2, 1995
Sold by
Williams David B and Williams Ruth Louise
Bought by
Tibbitts David and Tibbitts Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
8.43%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smith Family Trust $2,985,500 Placer Title
Tibbitts David Henry -- None Available
Tibbitts David -- First American Title Company
Tibbitts David -- --
Tibbitts David $520,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tibbitts David $1,200,000
Previous Owner Tibbitts David $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $2,985,500 0.0% $2,511 / Sq Ft
06/02/2023 06/02/23 For Sale $2,985,500 -- $2,511 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
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 $31,980 $3,106,114 $2,757,060 $349,054
2024 $9,334 $3,045,210 $2,703,000 $342,210
2023 $9,334 $871,777 $807,216 $64,561
2022 $9,176 $854,685 $791,389 $63,296
2021 $9,049 $837,927 $775,872 $62,055
2020 $8,953 $829,336 $767,917 $61,419
2019 $8,777 $813,075 $752,860 $60,215
2018 $8,604 $797,134 $738,099 $59,035
2017 $8,434 $781,505 $723,627 $57,878
2016 $8,268 $766,183 $709,439 $56,744
2015 $8,197 $754,675 $698,783 $55,892
2014 $7,908 $739,893 $685,095 $54,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23097377

California Regional Multiple Listing Service (CRMLS)

APN: 064-227-006