NOT LISTED FOR SALE

Estimated Value: $2,074,000 - $2,646,000

0.07 Acre
$35,550,824 Price per Acre
3,013 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $900,000 $337 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $15,313/month

226 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • No HOA
  • Arroyo Grande High School Rated A-
  • Ocean Side of Highway 1
  • 5-minute walk to Oceano Duck Pond

About This Lot

As of November 2020

Oceanfront opportunity of a lifetime awaits you with this very rare beachfront lot. Currently only one of a few lots for sale along our area’s coastline that truly have the sand as your front yard. Start building today as this lot comes with all County approvals and permits paid for a 2600+ sqft 3bed/4ba craftsman style home with a 750 sqft, well appointed roof top deck, ready for entertaining guests or basking in solitude like no other. While the floorplan is oriented for ideal ocean views with comfortable and charming living areas on both the 1st and 2nd floors, some changes may be allowed. Bring your own builder or seller is a luxury home builder willing to build out with buyer’s desired customizations and finishes, pricing and construction financing to be negotiated. Currently vacation rental permits are still available through the County, check with County for application process and to ensure availability. Renderings shown are only examples of the finished look of the permitted home, buyer has many options including starting with a new design. Please inquire for additional building plans.

Last Agent to Sell the Property

Toby Seiler

TC Seiler, Broker License #01875924 Listed on: 03/10/2020

Co-Listed By

Victoria Relva

MGR Private Capital & Real Estate Group License #01885888

Last Buyer's Agent

Victoria Relva

MGR Private Capital & Real Estate Group License #01885888

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,909

Lot Details

  • 3,013 Sq Ft Lot
  • Beach Front
  • Rectangular Lot
  • Level Lot
  • Property is zoned RMF

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Dune

Listing and Financial Details

  • Legal Lot and Block 27 / 41
  • Assessor Parcel Number 061021081

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Highway 1
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$22,909

Lot Details

0

Listing Details

  • Inclusions: Plans and Permits
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Zoning: RMF
  • Property Type: Land
  • Parcel Number: 061021081
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 298.71

Exterior Features

  • View: Dunes, Coastline, Ocean, Panoramic

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 3013.00
  • Lot Size Acres: 0.0692

Multi Family

  • Lot Size Area: 3013.0000 Square Feet
  • Waterfront Features: Beach Access, Beach Front, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 122.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
1358 Strand Llc
Bought by
Tamborra Mauri and Tamborra John
Current Estimated Value
$2,460,117

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
Outstanding Balance
$1,300,695
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,208,063

Purchase Details

Closed on
Oct 24, 2022
Sold by
Broussard Relva Family Trust
Bought by
1358 Strand Llc

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
Outstanding Balance
$1,300,695
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,208,063

Purchase Details

Closed on
Oct 1, 2021
Sold by
Rick D Nisbett Trust
Bought by
Broussard Relva Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2020
Closed on
Nov 12, 2020
Sold by
Fisher Michael R
Bought by
Albert And Patsy Fisher Family Trust and Fisher
Seller's Agent
Toby Seiler
TC Seiler, Broker
Buyer's Agent
Victoria Relva
MGR Private Capital & Real Estate Group
List Price
$1,095,000
Sold Price
$900,000
Premium/Discount to List
-$195,000
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.92%

Purchase Details

Listed on
Mar 10, 2020
Closed on
Nov 9, 2020
Sold by
Fisher Michael R and Albert And Patsy Fisher Family
Bought by
Nisbett Rick D and Rick D Nisbett Trust
Seller's Agent
Toby Seiler
TC Seiler, Broker
Buyer's Agent
Victoria Relva
MGR Private Capital & Real Estate Group
List Price
$1,095,000
Sold Price
$900,000
Premium/Discount to List
-$195,000
-17.81%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Fisher Albert M and Fisher Patsy A
Bought by
Whispering Sands Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.8%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2001
Sold by
Fisher Albert M and Fisher Patsy A
Bought by
Fisher Albert M and Fisher Patsy A
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
Tamborra Mauri $2,100,000 First American Title
1358 Strand Llc -- --
Broussard Relva Family Trust $900,000 First American Title
Nisbett Rick D $900,000 Placer Title Company
Whispering Sands Developments Inc -- Fidelity Title Company
Fisher Albert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamborra Mauri $1,350,000
Previous Owner 1358 Strand Llc $335,000
Previous Owner Broussard Relva Family Trust $750,000
Previous Owner Fisher Albert M $938,250
Previous Owner Fisher Albert M $64,000
Previous Owner Fisher Albert M $500,000
Previous Owner Whispering Sands Developments Inc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $900,000 -9.9% $337 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $999,000 -8.8% $374 / Sq Ft
03/10/2020 03/10/20 For Sale $1,095,000 -- $409 / Sq Ft
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 $22,909 $2,184,840 $1,248,480 $936,360
2024 $22,649 $2,142,000 $1,224,000 $918,000
2023 $22,649 $2,100,000 $1,200,000 $900,000
2022 $10,119 $918,000 $918,000 $0
2021 $10,100 $900,000 $900,000 $0
2020 $2,328 $185,876 $185,876 $0
2019 $2,313 $182,232 $182,232 $0
2018 $2,382 $189,120 $178,659 $10,461
2017 $2,323 $185,412 $175,156 $10,256
2016 $2,186 $181,777 $171,722 $10,055
2015 $1,923 $179,047 $169,143 $9,904
2014 $1,852 $175,540 $165,830 $9,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20051449

California Regional Multiple Listing Service (CRMLS)

APN: 061-021-081