$280,000
SOLD JUN 21, 2024
1.23 Acres
$227,642 Price per Acre
53,579 Sq Ft Lot

Recently Sold

14% Below List Price

385 Days on Market

Highlights

  • Panoramic View
  • Ocean Side of Highway 1
  • No HOA
  • Baywood Elementary School Rated A-
  • 1.23 Acre Lot
  • Partially Fenced Property

About This Lot

As of June 2024

A rare opportunity in the heart of Los Osos! This generous 1.23-acre parcel, zoned Residential Multi-Family, is located one block from downtown shopping and just minutes from Montana de Oro and Baywood Park. The terrain is mostly flat with a gentle slope, featuring 360-degree views of nearby hillsides, mountains, and Morro Rock – imagine the development opportunities when the moratorium is lifted! There is a water meter and sewer on-site. Contact Golden State Water and SLO County Planning Department for building requirements and timelines. Another incentive is the seller may be willing to offer financing options. Nervous about having your money in the bank? Invest in CA Coastal real estate! Properties like this seldom come available – you won’t want to miss this opportunity.

Last Agent to Sell the Property

Kristen Gentry

Richardson Sotheby's International Realty Brokerage Phone: 805-441-4618 License #01968754

Richardson Sotheby's International Realty

Co-Listed By

Erik Berg-Johansen

Richardson Sotheby's International Realty Brokerage Phone: 805-441-4618 License #02061242

Last Buyer's Agent

Sandy Bean

Oceanside International Real E License #00683212

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,345

Lot Details

  • 1.23 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Fence is in good condition
  • Level Lot
  • Property is zoned RMF, Residential Multi-Family

Property Views

  • Panoramic
  • Mountain
  • Hills
  • Rock

Location

  • Suburban Location

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 074293016
  • $4,033 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Highway 1

Property Details

Property Type

Land

Est. Annual Taxes

$5,345

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Current Use Comments: Unimproved vacant land
  • Improvements: Sewer on-site, water meter on-site
  • Possible Use: Buyer to verify, Multi-Family, Residential
  • Possible Use Comments: Zoned Residential Multi-Family, Check with SLO Planning County Department and Golden State Water for development potential.
  • Road Frontage Type: County Road
  • Road Surface Type: Privately Maintained, Paved
  • Subdivision Name Other: Downtown
  • View: Yes
  • Zoning: RMF
  • Zoning Description: Residential Multi-Family
  • Property Type: Land
  • Parcel Number: 074293016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.23

Exterior Features

  • View: Hills, Mountain(s), Panoramic, Rocks
  • Fencing: Good Condition, Partial

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot Over 40000 Sqft
  • Lot Size: 150 by 360.58
  • Lot Size Sq Ft: 53579.00
  • Lot Size Acres: 1.2300
  • Latitude Manual: 35.31354700

Multi Family

  • Lot Size Area: 53579.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • TaxOtherAnnualAssessmentAmount: 4033.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 16, 2024
Sold by
S And P Vanderripe Revocable Trust and Vanderripe Scott D
Bought by
Watkins Randolph M
Seller's Agent
Kristen Gentry
Richardson Sotheby's International Realty
Buyer's Agent
Sandy Bean
Oceanside International Real E
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Total Days on Market
385
Views
269
Current Estimated Value
$289,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,714
Avg. Annual Appreciation
-1.38%

Purchase Details

Listed on
Feb 20, 2016
Closed on
Mar 9, 2016
Sold by
Jaennette Robert
Bought by
S & P Vanderripe Revocable Trust
Seller's Agent
Sandy Bean
Oceanside International Real E
Buyer's Agent
Sandy Bean
Oceanside International Real E
List Price
$247,950
Sold Price
$100,000
Premium/Discount to List
-$147,950
-59.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Listed on
Nov 20, 2010
Closed on
Oct 3, 2012
Sold by
Moerman Jon Peter and Moerman Karen Sue Fowler
Bought by
Jaennette Robert
Seller's Agent
Sandy Bean
Oceanside International Real E
Buyer's Agent
Sandy Bean
Oceanside International Real E
List Price
$124,950
Sold Price
$102,500
Premium/Discount to List
-$22,450
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.72%
Original Mortgage
$73,000
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2009
Sold by
Rossetti Gabriel and Stoll Charles J
Bought by
Moerman Jon Peter and Moerman Karen Sue Fowler

Purchase Details

Closed on
Dec 28, 2005
Sold by
Rossetti Gabriel and Rossetti Jamie
Bought by
Rossetti Gabriel

Purchase Details

Closed on
Feb 18, 2003
Sold by
Moerman Jon P and Moerman Karen F
Bought by
Rossetti Gabriel and Rossetti Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%
Mortgage Type
Unknown

Map

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 Type Sale Price Title Company
Grant Deed $280,000 First American Title
Grant Deed $100,000 Fidelity National Title Co
Grant Deed $102,000 First American Title Company
Deed In Lieu Of Foreclosure $140,000 First American Title Company
Interfamily Deed Transfer -- Public
Grant Deed $270,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,000 Seller Take Back
Previous Owner $200,000 Unknown
Previous Owner $200,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $280,000 -6.4% --
05/10/2024 05/10/24 Pending -- -- --
07/12/2023 07/12/23 Price Changed $299,000 -8.0% --
04/21/2023 04/21/23 For Sale $325,000 +225.0% --
03/18/2016 03/18/16 Sold $100,000 -59.7% --
03/01/2016 03/01/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $247,950 +141.9% --
10/19/2012 10/19/12 Sold $102,500 -18.0% --
08/17/2012 08/17/12 Pending -- -- --
11/20/2010 11/20/10 For Sale $124,950 -- --
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
2024 $5,345 $116,056 $116,056 --
2023 $5,345 $113,781 $113,781 $0
2022 $5,248 $111,550 $111,550 $0
2021 $5,252 $109,363 $109,363 $0
2020 $5,236 $108,242 $108,242 $0
2019 $5,207 $106,120 $106,120 $0
2018 $5,670 $104,040 $104,040 $0
2017 $5,642 $102,000 $102,000 $0
2016 $5,686 $106,103 $106,103 $0
2015 $5,666 $104,510 $104,510 $0
2014 $5,558 $102,463 $102,463 $0
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23061624

California Regional Multiple Listing Service (CRMLS)

APN: 074-293-016