NOT LISTED FOR SALE

1278 Costa Brava Pismo Beach, CA 93449

Estimated Value: $909,000 - $1,635,000

0.14 Acre
$8,855,410 Price per Acre
6,217 Sq Ft Lot

Last Sold September 05, 2019

Last sale price $320,000

Est. 295% increase in value since last sale

Current estimated payment $7,603/month

273 Days on Market

About This Lot

As of September 2019

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 6200 sq. ft. Pre-approved building plans are available or create your own. This is lot #9, other lots available as well--visit our sales office and model home or call for more information. Enjoy life with a view! Information not verified.

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

Compass

Last Buyer's Agent

Lisa Combs

Compass License #01988791

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,613

Lot Details

  • 6,217 Sq Ft Lot
  • Lot Sloped Down

Property Views

  • Ocean
  • Hills

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$8,613

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: 51.47

Exterior Features

  • View: Hills, Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 6217.00
  • Lot Size Acres: 0.1427

Multi Family

  • Lot Size Area: 6217.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Ortiz Richard H and Ortiz Maryhelen G
Bought by
Panchal Rakesh and Panchal Manisha
Current Estimated Value
$1,263,667

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jul 29, 2019
Sold by
West Coast Construction Co Inc
Bought by
Ortiz Richard H and Ortiz Maryhelen G
Seller's Agent
Steve Delmartini
Compass
Buyer's Agent
Lisa Combs
Compass
List Price
$409,000
Sold Price
$320,000
Premium/Discount to List
-$89,000
-21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.82%
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
Panchal Rakesh $320,000 First American Title Company
Ortiz Richard H $320,000 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
09/05/2019 09/05/19 Sold $320,000 -19.8% --
07/22/2019 07/22/19 Pending -- -- --
05/28/2019 05/28/19 Price Changed $399,000 -2.4% --
10/22/2018 10/22/18 For Sale $409,000 -- --
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 $8,613 $346,377 $346,377 --
2024 $6,905 $799,086 $339,586 $459,500
2023 $6,905 $631,628 $332,928 $298,700
2022 $3,685 $326,400 $326,400 $0
2021 $3,894 $323,315 $323,315 $0
2020 $3,664 $320,000 $320,000 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18257279

California Regional Multiple Listing Service (CRMLS)

APN: 010-073-014