NOT LISTED FOR SALE

1272 Costa Brava Pismo Beach, CA 93449

Estimated Value: $3,050,000 - $4,064,000

0.16 Acre
$21,383,110 Price per Acre
7,131 Sq Ft Lot

Last Sold June 13, 2014

Last sale price $490,250

Est. 615% increase in value since last sale

Current estimated payment $20,955/month

10 Days on Market

Highlights

  • Ocean View
  • Arroyo Grande High School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of June 2014

View la la la! Prime downslope ocean view lot in The Villas at Rancho Pacifica. Enjoy ocean views from Avila Beach to Point Sal and relax while you watch fireworks from the Pismo Pier on your private deck on the 4th of July. Design your own dream home or customize one of our approved plans, the choice is yours.

Last Agent to Sell the Property

Anele Brooks

Anele Brooks, Broker License #01460823 Listed on: 05/02/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,172

Lot Details

  • 7,131 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Lot Sloped Down

Property Views

  • Ocean Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010073011

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$22,172

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Single Family.
  • Property Type: Land
  • Parcel Number: 010073011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 68.75

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Cable Available, Electricity Available, Underground Utilities
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Sloped Down, Paved
  • Lot Size Sq Ft: 7131.00
  • Lot Size Acres: 0.1640

Multi Family

  • Lot Size Area: 7131.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Zarounian Gary and Zarounian Sally
Bought by
Zarounian Gary and Zarounian Sally Rose
Current Estimated Value
$3,506,830

Purchase Details

Closed on
Oct 13, 2016
Sold by
Zarounian Liary
Bought by
Zarounian Gary and Zarounian Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 12, 2014
Sold by
West Coast Construction Inc
Bought by
Zarounian Gary
Seller's Agent
Anele Brooks
Anele Brooks, Broker
Buyer's Agent
Anele Brooks
A M Brooks Real Estate
List Price
$545,000
Sold Price
$490,250
Premium/Discount to List
-$54,750
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%
Original Mortgage
$4,507,175
Interest Rate
4.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Zarounian Gary -- None Available
Zarounian Gary -- First American Title Company
Zarounian Gary $490,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarounian Gary $1,300,000
Previous Owner Zarounian Gary $1,350,000
Previous Owner Sandpiper Investments Inc $4,507,175
Previous Owner Sandpiper Investments Inc $5,904,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $490,250 -10.0% --
05/12/2014 05/12/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $545,000 -- --
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 $22,172 $2,140,387 $656,749 $1,483,638
2024 $21,912 $2,098,420 $643,872 $1,454,548
2023 $21,912 $2,057,276 $631,248 $1,426,028
2022 $21,577 $2,016,938 $618,871 $1,398,067
2021 $21,530 $1,977,391 $606,737 $1,370,654
2020 $21,281 $1,957,116 $600,516 $1,356,600
2019 $8,969 $800,242 $538,742 $261,500
2018 $8,916 $789,679 $528,179 $261,500
2017 $5,914 $517,823 $517,823 $0
2016 $5,584 $507,670 $507,670 $0
2015 $5,503 $500,045 $500,045 $0
2014 $1,269 $104,051 $104,051 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1043724

California Regional Multiple Listing Service (CRMLS)

APN: 010-073-011