NOT LISTED FOR SALE

148 Cypress Ave Unit 25 Cayucos, CA 93430

Cayucos Neighborhood

Estimated Value: $777,101 - $1,006,000

2 Beds
1 Bath
810 Sq Ft
$275/mo HOA Fee

Last Sold March 02, 2018

Last sale price $465,000 $574 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,538/month

115 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • End Unit
  • Property is near an ocean
  • Cape Cod Architecture
  • Double Pane Windows

About This Home

As of March 2018

NEW PRICE! 148 Cypress Ave. is a 2 bedroom, 1 bath condo that enjoys a prime location near the historic Cayucos downtown area with beaches, pier, restaurants and shops. Although priced below any Cayucos house currently on the market, this condo has singular quality thanks to a 2013 interior remodel, that included new kitchen cabinets, granite counters, appliances and flooring. The bath received tiled shower with glass doors, plus a new vanity and fixtures. NOTE NEW PRICE!

Last Agent to Sell the Property

Richard Watkins

Berkshire Hathaway HomeServices California Properties Listed on: 09/29/2017

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,959

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Lot Sloped Down
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near shops

Utilities

  • Forced Air Heating System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 064-037-025

Community Details

Overview

  • Association fees include taxes, insurance, trash, prop mgmt, comm area maint, exterior maint
  • $50 HOA Transfer Fee
  • 30 Buildings
  • 30 Units
  • Cypress Cove Community
  • Greenbelt

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,959

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Association Fee: $275
  • Association Transfer Fee: $50
  • Directions: HWY 1 to Cayucos Drive off ramp. Turn toward the ocean, then on Cypress-the first street on your left.
  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, In Unit
  • ResoLotFeatures: Sloped Down
  • Reso Association Amenities: Greenbelt
  • Reso Association Fee Includes: Taxes, Insurance, Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Architectural Style: Cape Cod
  • Reso Flooring: Carpet, Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1985
  • Property Information Total #Units: 30
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Cypress Cove
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry In Unit2: Yes
  • ParkingGarage Unc #12: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • LocationTopo Downslope2: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • View PartialFiltered2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • WaterSewer Meter In: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Ocean, Partial/Filtered
  • Construction Type: Wood Siding
  • Topography: Downslope
  • Common Walls: End Unit
  • Exterior Features: Patio Open, Yard Irrigation T/O, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #1

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Meter In
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 064-037-025
  • Zoning: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2018
Sold by
Schroder Richard L and Syvain Jill M
Bought by
Schroder Richard L and Syvain Jill M
Current Estimated Value
$867,525

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jan 26, 2018
Sold by
Parker Richard Lee and Parker Family Trust
Bought by
Schroder Richard L and Sylvain Jill M
Seller's Agent
Richard Watkins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$250,000
Outstanding Balance
$211,993
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$655,532

Purchase Details

Closed on
Mar 4, 2013
Sold by
Salamacha Robert and Salamacha Judy
Bought by
Parker Richard Lee and Parker 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
$175,000
Interest Rate
3.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 1999
Sold by
Gordon Millie
Bought by
Salamacha Robert and Salamacha Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
6.78%
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 Buyer Sale Price Title Company
Schroder Richard L -- None Available
Schroder Richard L $465,000 Fidelity National Title
Parker Richard Lee $275,000 First American Title Company
Salamacha Robert $155,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroder Richard L $250,000
Previous Owner Parker Richard Lee $175,000
Previous Owner Salamacha Robert $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $465,000 -4.9% $574 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $489,000 -- $604 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $7,959 $421,876 $61,465 $360,411
2024 $5,500 $755,000 $500,000 $255,000
2023 $5,500 $508,543 $328,093 $180,450
2022 $5,406 $498,572 $321,660 $176,912
2021 $5,328 $488,797 $315,353 $173,444
2020 $5,271 $483,786 $312,120 $171,666
2019 $5,168 $474,300 $306,000 $168,300
2018 $3,283 $297,618 $216,451 $81,167
2017 $3,216 $291,783 $212,207 $79,576
2016 $3,153 $286,063 $208,047 $78,016
2015 $3,125 $281,767 $204,922 $76,845
2014 $3,017 $276,248 $200,908 $75,340
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Richard Watkins

    Berkshire Hathaway HomeServices California Properties

  • N

    Buyer's Agent in 2018

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3307

Santa Barbara Multiple Listing Service

APN: 064-037-025

California San Luis Obispo County Cayucos 93430 Cayucos

148 Cypress Ave Unit 25, Cayucos, CA

This home is located at 148 Cypress Ave Unit 25, Cayucos, CA 93430 since 29 September 2017 and is currently estimated at $867,525, approximately $1,071 per square foot. This property was built in 1985. 148 Cypress Ave Unit 25 is a home located in San Luis Obispo County.

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