NOT LISTED FOR SALE

Estimated Value: $201,000 - $516,000

1 Bed
0.5 Bath
800 Sq Ft
$448/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $150,000 $188 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,001/month

213 Days on Market

Highlights

  • No HOA
  • Wood Frame Window
  • Bungalow
  • Arroyo Grande High School Rated A-
  • Laundry Room
  • Chain Link Fence

About This Home

As of November 2020

This price is for the lot on 16th only. Amazing opportunity to be able to be able to purchase 2 contiguous lots in Oceano. The first lot has a pre-existing home built in the 1920 era (1435 15th Street Oceano also for sale $299,999 - listing ID PI20050265) with an over sized carriage garage. There are other out buildings like a storage room, chicken coop, large laundry room, RV parking, and an old well pump and tank house. The neighbor down the street was able to take the two lots and subdivide into 3 lots where they built three new SFR. Or you could build two houses on existing two lots or The existing structure (tank house) on the property that you could possibly get recognized as a pre 1960 structure and add on to as a remodel vs. new construction could prove to save a substantial amount of money for development as a remodel vs. new construction. The secondary lot is the property on 16th street may be sold separately only if and when the house on 15th street sells and that asking price will be $185,000 There is so much opportunity and potential here it is endless. Call your Realtor today for a viewing.

Last Agent to Sell the Property

Kevin Jones

Realty Professionals License #01892221 Listed on: 03/06/2020

Last Buyer's Agent

Kevin Jones

Realty Professionals License #01892221 Listed on: 03/06/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 9,700 Sq Ft Lot
  • Chain Link Fence
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room with Fireplace
  • Center Hall
  • Formica Countertops
  • Security Lights
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 0.5 Bathroom

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Well
  • Water Heater

Additional Features

  • Outbuilding
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 10
  • Assessor Parcel Number 062041016

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security Lights
  • Subdivision Name Other: Oceano(350)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 062041016
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 800.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 187.50
  • Room Type: Center Hall
  • Window Features: Wood Frames
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Foundation: Raised
  • Other Structures: Outbuilding
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9700.00
  • Lot Size Acres: 0.2227
  • Latitude Manual: 35.10369300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 122.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Nov 24, 2020
Sold by
Ricioli Ronald D
Bought by
Miller Gregory T
Seller's Agent
Kevin Jones
Realty Professionals
Buyer's Agent
Kevin Jones
Realty Professionals
List Price
$449,999
Sold Price
$150,000
Premium/Discount to List
-$299,999
-66.67%
Current Estimated Value
$358,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,500
Avg. Annual Appreciation
18.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Miller Gregory T $150,000 Placer Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $150,000 -66.7% $188 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $449,999 0.0% $562 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $449,999 -- $562 / 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 $1,680 $162,364 $162,364 --
2024 $1,660 $159,181 $159,181 --
2023 $1,660 $156,060 $156,060 $0
2022 $1,635 $153,000 $153,000 $0
2021 $1,632 $150,000 $150,000 $0
2020 $344 $31,662 $31,662 $0
2019 $342 $31,042 $31,042 $0
2018 $338 $30,434 $30,434 $0
2017 $332 $29,838 $29,838 $0
2016 $551 $29,253 $29,253 $0
2015 $309 $28,814 $28,814 $0
2014 $298 $28,250 $28,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20050496

California Regional Multiple Listing Service (CRMLS)

APN: 062-041-016