$2,700,000
SOLD APR 8, 2016

Avila Beach, CA 93424

Avila Beach Neighborhood
6 Beds
6 Baths
5,377 Sq Ft
8,999 Sq Ft Lot

Recently Sold

$502 Per Sq Ft

115 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Patio
  • C.L. Smith Elementary School Rated A
  • Skylights
  • Garage

About This Home

As of April 2016

Location location LOCATION! Come see this rare multilevel oceanfront beach estate with 3 separate units! Great opportunity for someone who wants to live in the main residence and rent out the other two for the extra income. All three units have panoramic views of the ocean, quirky fireplaces, & sun rooms in which you can hear the waves crash and watch the sunsets as you relax. Unit A is a 2500 sq/ft 3 bedroom 2 bath with an gorgeous large front patio that includes a spa and plenty of space to entertain currently rented for $3500/mo. Unit B is 1700 sq/ft 3 bedroom 1.25 bath on two levels currently rented out for $2150/mo. Unit C is a 1400 sq/ft 2 bedroom 2 bath single level currently rented for $2,045. As Is the Property Brings in a in a total $7,695 in monthly rent. Compared with recent sa

Last Agent to Sell the Property

Hal Sweasey

RE/MAX Del Oro License #01111911 Listed on: 12/08/2015

Last Buyer's Agent

Linda Wilson

Wilson & Co.

Wilson & Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,819

Year Built

  • Built in 1979

Lot Details

  • 8,999 Sq Ft Lot
  • Ocean Front
  • Lot Sloped Down

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,377 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Spa
  • Patio

Utilities

  • Wall Furnace
  • Separate Meters
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Operating Expense $5,540

Listing and Financial Details

  • The owner pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 076-224-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,819

Year Built

Built in 1979

Lot Details

0

Listing Details

  • FILLACRES: 0.21
  • ApproxYrBlt: 1979
  • Listing Member Name: Hal Sweasey
  • Listing Office Short Id: 2361
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 8999.00
  • Major Area: 07 - Avila Beach
  • Open House Office I D: 20170308161058752348000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 3867
  • Selling Office Short Id: 2385
  • Building Stories: 3
  • Tract Suffix: Street
  • Unit Levels: Three Or More
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Street Lights, Telephone
  • Income And Expenses Annual Operating Exp: 5540.00
  • Landlord Pays: Electricity, Gas, Trash Collection, Water
  • Special Features: None
  • Stories: 3
  • Year Built: 1979

Interior Features

  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Interior Amenities: Skylights, Storage
  • Laundry: In Each Unit

Exterior Features

  • Exterior: Brick/Stone, Wood Siding
  • Exterior Features: Decks, Hot Tub/Spa, Patio
  • Foundation: Concrete Block
  • Roof: Composition, Flat, Shingle

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace
  • Separate Meters: Electric

Lot Info

  • Lot Characteristics: Downslope, Oceanfront
  • Zoning Description: Duplex/Triplex, Res Multi-Family

Tax Info

  • Assessor Parcel Number: 076-224-019

Multi Family

  • Annual Operating Expense: Management
  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 1, 2016
Sold by
The Hal C Purcell Revocable Trust
Bought by
Avila Ocean Adventures Llc
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Linda Wilson
Richardson Sotheby's International Realty
List Price
$2,999,000
Sold Price
$2,700,000
Premium/Discount to List
-$299,000
-9.97%
Current Estimated Value
$4,834,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,134,994
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Dec 8, 2009
Sold by
Purcell Hal C
Bought by
Purcell Hal C and Hal C Purcell Revocable Trust

Purchase Details

Closed on
Feb 19, 2003
Sold by
Purcell Hal C
Bought by
Purcell Hal C and Purcell Keiko I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,000
Interest Rate
5.37%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $2,700,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $862,000 No Value Available
Previous Owner $250,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $2,700,000 0.0% $502 / Sq Ft
04/08/2016 04/08/16 Sold $2,700,000 -10.0% $502 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $2,999,000 0.0% $558 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/10/2016 02/10/16 Price Changed $2,999,000 -6.1% $558 / Sq Ft
12/08/2015 12/08/15 For Sale $3,195,000 -- $594 / Sq Ft
Source: North Santa Barbara County Regional MLS

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 $34,819 $3,196,245 $1,775,693 $1,420,552
2024 $34,189 $3,133,575 $1,740,876 $1,392,699
2023 $34,189 $3,072,134 $1,706,742 $1,365,392
2022 $32,054 $3,011,897 $1,673,277 $1,338,620
2021 $31,544 $2,952,841 $1,640,468 $1,312,373
2020 $31,220 $2,922,565 $1,623,648 $1,298,917
2019 $30,863 $2,865,261 $1,591,812 $1,273,449
2018 $30,258 $2,809,080 $1,560,600 $1,248,480
2017 $29,731 $2,754,000 $1,530,000 $1,224,000
2016 $5,450 $511,085 $134,357 $376,728
2015 $5,370 $503,409 $132,339 $371,070
2014 $4,933 $493,549 $129,747 $363,802
Source: Public Records

Agents Affiliated with this Home

  • Hal Sweasey

    Seller's Agent in 2016

    Hal Sweasey

    Keller Williams Realty Central Coast

    (805) 781-3750

    30 in this area

    563 Total Sales

    Hal Sweasey
    Section Image
  • Linda Wilson

    Buyer's Agent in 2016

    Linda Wilson

    Richardson Sotheby's International Realty

    (805) 550-5212

    2 in this area

    96 Total Sales

    Linda Wilson
    Section Image
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Source: North Santa Barbara County Regional MLS

MLS Number: 1061569

North Santa Barbara County Regional MLS

APN: 076-224-019

California San Luis Obispo County Avila Beach 93424

Avila Beach

This home and is currently priced at $2,700,000, approximately $502 per square foot. This property was built in 1979. This home is a home located in San Luis Obispo County with nearby schools including C.L. Smith Elementary School, Laguna Middle School, and San Luis Obispo High 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.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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