NOT LISTED FOR SALE

1274 Costa Brava Pismo Beach, CA 93449

Estimated Value: $2,189,000 - $2,726,000

0.16 Acre
$15,418,555 Price per Acre
6,845 Sq Ft Lot

Last Sold June 25, 2020

Last sale price $425,000

Est. 470% increase in value since last sale

Current estimated payment $14,775/month

497 Days on Market

About This Lot

As of June 2020

The Villas at Rancho Pacifica - Ocean view lots available in this exclusive community of custom and semi-custom Mediterranean style homes. Located in Shell Beach on the beautiful Central Coast of California, this downslope lot is approximately 6800 sq. ft. Pre-approved building plans are available or create your own. This is lot #7, other lots available as well--call for more information. Information not verified. Enjoy life with a view!

Last Agent to Sell the Property

Steve Delmartini

Compass License #00601891 Listed on: 10/22/2018

Compass

Co-Listed By

Lisa Combs

Compass License #01988791

Last Buyer's Agent

Sandra Reitz

Sandra Mikaelian Broker License #01747470

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,922

Lot Details

  • 6,845 Sq Ft Lot
  • Lot Sloped Down

Property Views

  • Ocean
  • Hills

Home Design

  • Planned Development

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$18,922

Lot Details

0

Listing Details

  • Subdivision Name Other: Shell Beach(600)
  • View: Yes
  • Zoning: Residential
  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 62.09

Exterior Features

  • View: Hills, Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 6845.00
  • Lot Size Acres: 0.1571

Multi Family

  • Lot Size Area: 6845.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jun 2, 2020
Sold by
West Coast Construction Co Inc
Bought by
Mikaelian Michael and Mikaelian Sandra
Seller's Agent
Steve Delmartini
Compass
Buyer's Agent
Sandra Reitz
Sandra Mikaelian Broker
List Price
$509,000
Sold Price
$425,000
Premium/Discount to List
-$84,000
-16.5%
Current Estimated Value
$2,422,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,997,255
Avg. Annual Appreciation
40.02%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mikaelian Michael $425,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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
06/25/2020 06/25/20 Sold $425,000 -21.2% --
05/08/2020 05/08/20 Price Changed $539,000 +5.9% --
03/25/2020 03/25/20 For Sale $509,000 0.0% --
03/02/2020 03/02/20 Pending -- -- --
09/11/2019 09/11/19 Price Changed $509,000 -5.6% --
05/28/2019 05/28/19 Price Changed $539,000 -6.9% --
10/22/2018 10/22/18 For Sale $579,000 -- --
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 $18,922 $1,817,318 $516,818 $1,300,500
2024 $8,495 $1,781,685 $506,685 $1,275,000
2023 $8,495 $781,950 $446,750 $335,200
2022 $4,871 $437,991 $437,991 $0
2021 $4,857 $429,403 $429,403 $0
2020 $3,608 $314,841 $314,841 $0
2019 $1,455 $114,340 $114,340 $0
2018 $1,434 $112,099 $112,099 $0
2017 $1,406 $109,901 $109,901 $0
2016 $1,332 $107,747 $107,747 $0
2015 $1,312 $106,129 $106,129 $0
2014 $1,269 $104,051 $104,051 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Delmartini

    Compass

    (805) 801-5165

    8 in this area

    25 Total Sales

    Steve Delmartini
    Section Image
  • Lisa Combs

    Seller Co-Listing Agent in 2020

    Lisa Combs

    Compass

    (805) 636-0905

    9 in this area

    50 Total Sales

    Lisa Combs
    Section Image
  • Sandra Reitz

    Buyer's Agent in 2020

    Sandra Reitz

    Sandra Mikaelian Broker

    (559) 635-2313

    9 in this area

    22 Total Sales

    Sandra Reitz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18257161

California Regional Multiple Listing Service (CRMLS)

APN: 010-073-012

California San Luis Obispo County Pismo Beach 93449

1274 Costa Brava, Pismo Beach, CA

This home is located at 1274 Costa Brava, Pismo Beach, CA 93449 since 22 October 2018 and is currently estimated at $2,422,255. 1274 Costa Brava is a home located in San Luis Obispo County with nearby schools including Judkins Middle School, Arroyo Grande High School, and Bellevue-Santa Fe Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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