NOT LISTED FOR SALE

161 N Ocean Ave Cayucos, CA 93430

Cayucos Neighborhood

Estimated Value: $1,359,000 - $1,931,000

4 Beds
4 Baths
2,080 Sq Ft
$765/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $733,334 $353 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,345/month

775 Days on Market

Highlights

  • Ocean Front
  • Paved or Partially Paved Lot
  • 1-minute walk to Cayucos State Beach

About This Home

As of June 2012

Marketing Remarks: Four Oceanfront units located in the Central Business District of Cayucos. Yes, 4 units located on the ocean just steps from the Cayucos pier! Great investment OR mixed use development potential.

Last Agent to Sell the Property

Jeff Inman

Keller Williams Realty Central Coast License #01031072 Listed on: 04/08/2010

Keller Williams Realty Central Coast

Last Buyer's Agent

Jeff Inman

Keller Williams Realty Central Coast License #01031072 Listed on: 04/08/2010

Keller Williams Realty Central Coast

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 2,250 Sq Ft Lot
  • Ocean Front
  • Paved or Partially Paved Lot

Home Design

  • 2,080 Sq Ft Home
  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Stucco

Parking

  • Parking Available
  • On-Street Parking

Utilities

  • Wall Furnace
  • Private Water Source

Community Details

  • 4 Units
  • Net Operating Income $43,200

Listing and Financial Details

  • Assessor Parcel Number 064115029

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Zoning: COMRTL
  • Property Type: Residential Income
  • Parcel Number: 064115029
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 352.56

Exterior Features

  • Foundation: Raised
  • Roof: Rolled/Hot Mop
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Street

Utilities

  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Private

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 2250.00
  • Lot Size Acres: 0.0520

Multi Family

  • Lot Size Area: 2250.0000 Square Feet
  • Net Operating Income: 43200.00
  • Number Of Units Total: 4
  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2018
Sold by
Stollmeyer Lori A and Stollmeyer Stollmeyerekvi
Bought by
Sand Castle Holdings Llc
Current Estimated Value
$1,590,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 8, 2010
Closed on
Jun 5, 2012
Sold by
Forster Gill Inc
Bought by
Stollmeyer Lori A and Ryan Kevin C
Seller's Agent
Jeff Inman
Keller Williams Realty Central Coast
Buyer's Agent
Jeff Inman
Keller Williams Realty Central Coast
List Price
$845,000
Sold Price
$733,334
Premium/Discount to List
-$111,666
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$133,334
Interest Rate
3.74%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sand Castle Holdings Llc $1,000,000 First American Title Co
Stollmeyer Lori A $733,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sand Castle Holdings Llc $400,000
Previous Owner Stollmeyer Lori A $133,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $733,334 -13.2% $353 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
04/08/2010 04/08/10 For Sale $845,000 -- $406 / 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 $12,116 $1,115,514 $725,085 $390,429
2024 $11,970 $1,093,642 $710,868 $382,774
2023 $11,970 $1,072,199 $696,930 $375,269
2022 $11,758 $1,051,176 $683,265 $367,911
2021 $11,568 $1,030,566 $669,868 $360,698
2020 $11,444 $1,020,000 $663,000 $357,000
2019 $11,219 $1,000,000 $650,000 $350,000
2018 $9,231 $814,770 $496,755 $318,015
2017 $9,041 $798,795 $487,015 $311,780
2016 $8,861 $783,133 $477,466 $305,667
2015 $8,727 $766,371 $470,295 $296,076
2014 $8,431 $751,360 $461,083 $290,277
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Inman

    Keller Williams Realty Central Coast

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SL164624

California Regional Multiple Listing Service (CRMLS)

APN: 064-115-029

California San Luis Obispo County Cayucos 93430 Cayucos

161 N Ocean Ave, Cayucos, CA

Not Listed for Sale

MultiFamily

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