NOT LISTED FOR SALE

Estimated Value: $494,000 - $659,935

2 Beds
1 Bath
960 Sq Ft
$615/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $522,000 $544 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,558/month

4 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Soaking Tub
  • Arroyo Grande High School Rated A-
  • Neighborhood Views
  • 2-minute walk to Oceano Dunes State Vehicular Recreation Area

About This Home

As of February 2024

RENOVATION SPECIAL! This quaint 960 sq ft 2 bed, 1 bath home in conveniently located blocks to the ocean. The name of the street is so befitting, Ocean. Such a great investment opportunity, this is zoned as a residential multi-family on 7,000 sq ft corner lot, so plenty of possibilities. Close to restaurants, stores, and the beach, this home/lot will make the perfect beach town home. Cozy up next to the fireplace in the living room on those breezy coastal nights with some hot cocoa, or soak in the large soaker tub in the bathroom with a glass of wine and a good book. Plenty of parking out back with a place to store your tools and gadgets in the storage room. The side yards would be perfect for gardening, corn hole, horseshoe or just about anything you desire to enjoy living on the scenic Central Coast.
Come check this property out and open your eyes to all of the possibilities of living in a cute beach town.

Last Agent to Sell the Property

Shannon Bowdey

Keller Williams Realty Santa Barbara License #01894857 Listed on: 01/22/2024

Keller Williams Realty Santa Barbara

Co-Listed By

Nancy Puder

Keller Williams Realty Central Coast License #00677873

Last Buyer's Agent

Ryan Benson

Peak Properties License #01949307

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 7,000 Sq Ft Lot
  • Wood Fence
  • Needs Fence Repair
  • Corner Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RMF

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Outdoor Features

  • Patio

Community Details

  • No Home Owners Association
  • Oceano Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 14
  • Assessor Parcel Number 062085005

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Zoning: RMF
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 062085005
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 960.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 543.75
  • Room Type: Kitchen
  • Bathroom Features: Soaking Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Needs Repair, Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 122.01
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 13, 2024
Sold by
Schlanger Stacie
Bought by
Schlanger Eric
Seller's Agent
Shannon Bowdey
Keller Williams Realty Santa Barbara
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$549,900
Sold Price
$522,000
Premium/Discount to List
-$27,900
-5.07%
Views
24
Current Estimated Value
$590,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,484
Avg. Annual Appreciation
6.20%
Original Mortgage
$495,900
Outstanding Balance
$487,218
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$103,266

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 12, 2024
Sold by
Brent A Gray Trust
Bought by
Wright Paige Peake and Levin Jay
Seller's Agent
Shannon Bowdey
Keller Williams Realty Santa Barbara
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$549,900
Sold Price
$522,000
Premium/Discount to List
-$27,900
-5.07%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,900
Outstanding Balance
$487,218
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$103,266

Purchase Details

Closed on
Mar 30, 2007
Sold by
Gray Brent A
Bought by
Gray Brent A

Purchase Details

Closed on
May 20, 1997
Sold by
Gray Susan M
Bought by
Gray Brent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,633
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1997
Sold by
Sullivan Luann T
Bought by
Gray Brent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,633
Interest Rate
8.14%
Mortgage Type
FHA
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
Schlanger Eric -- First American Title
Wright Paige Peake $522,000 First American Title
Gray Brent A -- None Available
Gray Brent A -- Fidelity National Title Co
Gray Brent A $90,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlanger Eric $495,900
Previous Owner Gray Brent A $89,633
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $522,000 -5.1% $544 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $549,900 -- $573 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,816 $532,440 $382,500 $149,940
2024 $1,732 $522,000 $375,000 $147,000
2023 $1,732 $140,854 $86,082 $54,772
2022 $1,709 $138,094 $84,395 $53,699
2021 $1,705 $135,388 $82,741 $52,647
2020 $1,688 $134,001 $81,893 $52,108
2019 $1,676 $131,375 $80,288 $51,087
2018 $1,635 $128,800 $78,714 $50,086
2017 $1,588 $126,275 $77,171 $49,104
2016 $1,580 $123,800 $75,658 $48,142
2015 $1,234 $121,941 $74,522 $47,419
2014 $1,187 $119,554 $73,063 $46,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24009244

California Regional Multiple Listing Service (CRMLS)

APN: 062-085-005

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