NOT LISTED FOR SALE

1273 Belridge St Oceano, CA 93445

Oceano Neighborhood

Estimated Value: $1,381,000 - $2,080,000

1.77 Acres
$977,338 Price per Acre
77,014 Sq Ft Lot

Last Sold February 16, 2021

Last sale price $1,400,000

Est. 23% increase in value since last sale

Current estimated payment $10,462/month

137 Days on Market

Highlights

  • Panoramic View
  • 1.77 Acre Lot
  • Level Lot
  • Arroyo Grande High School Rated A-
  • No HOA

About This Lot

As of February 2021

Developers: 1.85 approx. acres, Qualified Opportunity Zone Tract Number 060 79012200; 1.84 +/- Acres Zoned Residential Multi-Family. County of San Luis Obispo indicates 15 units per acre, allowing up to approximately 27 units. All utilities are available on site including public sewer, water, gas, electricity. Sewer and water survey for hook-ups are available for developing per OSDC (Oceano Community Service District). Neighboring properties consist of newer PUD's, condominium complex's and apartment buildings. There is currently a Single Family residence on the property that could be rented while in the permit process. There is a well in the back left corner of the lot.

Last Agent to Sell the Property

Robert Mariani

Mariani Realty License #01374161 Listed on: 08/15/2020

Last Buyer's Agent

Robert Mariani

Mariani Realty License #01374161 Listed on: 08/15/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,437

Lot Details

  • 1.77 Acre Lot
  • Level Lot
  • Density is 11-15 Units/Acre
  • Value in Land
  • Property is zoned Multi Family Residential

Property Views

  • Panoramic
  • Neighborhood

Location

  • Suburban Location

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Oceano Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 062271013

Property Details

Property Type

Land

Est. Annual Taxes

$13,437

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Zoning: Multi Family Residential
  • Property Type: Land
  • Parcel Number: 062271013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.18

Exterior Features

  • View: Neighborhood, Panoramic

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Level, Value In Land
  • Lot Size Sq Ft: 77015.00
  • Lot Size Acres: 1.7680

Multi Family

  • Lot Size Area: 77015.0000 Square Feet

Tax Info

  • Tax Census Tract: 122.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Mgr Foreclosure Services
Bought by
Lilly Family Trust and Lilly
Current Estimated Value
$1,727,933

Purchase Details

Listed on
Aug 15, 2020
Closed on
Dec 30, 2020
Sold by
Cruse Steven P and The Cruse Family Trust
Bought by
Oceanview Beach Apartments 2018 Lp
Seller's Agent
Robert Mariani
Mariani Realty
Buyer's Agent
Robert Mariani
Mariani Realty
List Price
$1,660,000
Sold Price
$1,400,000
Premium/Discount to List
-$260,000
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$1,900,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Cruse Gerald P and Cruse Adeline
Bought by
Cruse Gerald P and Cruse Adeline
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
Lilly Family Trust $2,543,256 None Listed On Document
Oceanview Beach Apartments 2018 Lp $1,400,000 First Amer Ttl Co Glendale
Cruse Gerald P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pismo Beach Management Trust $650,000
Previous Owner Oceanview Beach Apartments 2018 Lp $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $1,400,000 -12.5% --
12/30/2020 12/30/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $1,600,000 -3.6% --
08/15/2020 08/15/20 For Sale $1,660,000 -- --
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 $13,437 $1,298,917 $1,298,917 --
2024 $13,590 $1,273,449 $1,273,449 --
2023 $13,590 $1,248,480 $1,248,480 $0
2022 $15,570 $1,428,000 $1,224,000 $204,000
2021 $1,540 $106,544 $47,942 $58,602
2020 $1,454 $105,453 $47,451 $58,002
2019 $1,446 $103,386 $46,521 $56,865
2018 $1,408 $101,359 $45,609 $55,750
2017 $1,366 $99,372 $44,715 $54,657
2016 $1,207 $97,425 $43,839 $53,586
2015 $955 $95,963 $43,181 $52,782
2014 $919 $94,085 $42,336 $51,749
Source: Public Records

Agents Affiliated with this Home

  • Robert Mariani

    Seller's Agent in 2021

    Robert Mariani

    Mariani Realty

    (805) 459-2324

    2 in this area

    42 Total Sales

    Robert Mariani
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20165576

California Regional Multiple Listing Service (CRMLS)

APN: 062-271-013

California San Luis Obispo County Oceano 93445 Oceano

1273 Belridge St, Oceano, CA

This home is located at 1273 Belridge St, Oceano, CA 93445 since 15 August 2020 and is currently estimated at $1,727,933. 1273 Belridge St is a home located in San Luis Obispo County with nearby schools including Oceano Elementary School, Judkins Middle School, and Arroyo Grande High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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