NOT LISTED FOR SALE

160 N 7th St Grover Beach, CA 93433

Estimated Value: $1,337,398

4 Beds
6 Baths
3,250 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $840,000 $258 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,003/month

43 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • 4-minute walk to Ramona Garden Park
  • Arroyo Grande High School Rated A-

About This Home

As of August 2016

Marketing Remarks: Really nice 3 story mixed use building built in 2004! Features include 2 commercial office spaces of approx 600 sq ft. on the ground floor. each commercial unit has a kitchen area and a private bathroom with a shower. 2 residential apartments are upstairs. Each unit is approx. 1,000 sq ft. and has 2 bedrooms, 1 1/2 baths, private view decks and stacked washer/dryers. Each unit is separately metered for water, gas and electric. The property is well maintained and has professional property management provided by California Property Services. Current rents are as follows: unit A: commercial space $890., unit B: commercial space $650., unit C residential $1,350., unit D residential $1,295. Current total monthly rents are $4,193.

Last Agent to Sell the Property

Robert Lee

California Property Services License #00876258 Listed on: 06/02/2016

Last Buyer's Agent

John Goodell

John Goodell Real Estate License #00649206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,945

Year Built

  • Built in 2004

Lot Details

  • 7,501

Home Design

  • 3,250 Sq Ft Home
  • Slab Foundation
  • Clay Roof

Parking

  • Parking Available
  • On-Site Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace

Additional Features

  • Laundry Room
  • 7,501 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 060224005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,945

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Security: Fire Sprinkler System
  • Subdivision Name Other: North Grover Beach(350)
  • Zoning: COMR
  • Property Type: Residential Income
  • Parcel Number: 060224005
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Three Or More
  • Price Per Square Foot: 258.46

Exterior Features

  • Foundation: Slab
  • Roof: Clay

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace

Lot Info

  • Lot Size Sq Ft: 7501.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Laundry Equipment Own Lease: Own
  • Number Of Units Total: 4
  • Operating Expense: 13500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 26, 2016
Sold by
Motter James David and Johnson Motter Lory
Bought by
Stahl Karl T and Stahl Virginia D
Seller's Agent
Robert Lee
California Property Services
Buyer's Agent
John Goodell
John Goodell Real Estate
List Price
$895,000
Sold Price
$840,000
Premium/Discount to List
-$55,000
-6.15%
Current Estimated Value
$1,337,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,398
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Dec 17, 2009
Sold by
Ali Aziz
Bought by
Motter James David and Johnson Motter Lory

Purchase Details

Closed on
Feb 8, 2005
Sold by
Motter James David and Johnson Motter Lory
Bought by
Motter James David and Johnson Motter Lory

Purchase Details

Closed on
Oct 5, 2004
Sold by
Dusi Enterprises
Bought by
Manion Garett A and Manion April F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2004
Sold by
Murray Thomas M and Murray Cathy I
Bought by
Motter James David and Motter Lory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2001
Sold by
Murray Thomas M and Murray Cathy I
Bought by
London Mark S and London Julie L

Purchase Details

Closed on
Sep 1, 2000
Sold by
Krout Michael S and Krout Susan
Bought by
Murray Thomas M and Murray Cathy I

Purchase Details

Closed on
Jun 2, 2000
Sold by
Garrison J C
Bought by
Krout Michael S and Krout Susan
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
Stahl Karl T $840,000 First American Title Company
Motter James David $300,000 Fidelity National Title Co
Motter James David -- --
Manion Garett A $282,000 Fidelity Title Company
Motter James David $900,000 Cuesta Title Company
London Mark S $12,000 Fidelity National Title
Murray Thomas M $59,500 First American Title Co
Krout Michael S $26,997 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manion Garett A $225,600
Previous Owner Motter James David $250,000
Closed Manion Garett A $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $840,000 -6.1% $258 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $895,000 -- $275 / 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 $10,945 $974,885 $261,128 $713,757
2024 $10,859 $955,770 $256,008 $699,762
2023 $10,859 $937,031 $250,989 $686,042
2022 $10,691 $918,659 $246,068 $672,591
2021 $10,565 $900,647 $241,244 $659,403
2020 $10,445 $891,413 $238,771 $652,642
2019 $10,360 $873,936 $234,090 $639,846
2018 $10,231 $856,800 $229,500 $627,300
2017 $9,776 $840,000 $225,000 $615,000
2016 $6,638 $600,000 $225,000 $375,000
2015 $6,422 $585,000 $205,000 $380,000
2014 $5,696 $540,000 $190,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Lee

    Seller's Agent in 2016

    Robert Lee

    California Property Services

    (805) 773-3433

    4 in this area

    6 Total Sales

    Robert Lee
    Section Image

  • J

    Buyer's Agent in 2016

    John Goodell

    John Goodell Real Estate

    (805) 481-1000

    5 in this area

    23 Total Sales

    John Goodell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1067421

California Regional Multiple Listing Service (CRMLS)

APN: 060-224-005

California San Luis Obispo County Grover Beach 93433

160 N 7th St, Grover Beach, CA

This home is located at 160 N 7th St, Grover Beach, CA 93433 since 02 June 2016 and is currently estimated at $1,337,398, approximately $411 per square foot. This property was built in 2004. 160 N 7th St is a home located in San Luis Obispo County with nearby schools including Grover Heights Elementary School, Judkins Middle School, and Arroyo Grande High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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