NOT LISTED FOR SALE

Estimated Value: $1,118,000 - $1,289,000

2 Beds
1 Bath
810 Sq Ft
$1,440/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $1,050,000 $1,296 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,510/month

41 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 1 Car Attached Garage
  • Fishing
  • Hiking Trails
  • Laundry Room

About This Home

As of October 2023

This charming, well-loved cottage has been in the same family for years and embodies vintage Cayucos. Near the heart of downtown and few short blocks to the beach, the 2BD/1BA single-level home blends a few modern updates while maintaining many of the original features and character. Surrounded by established landscaping, the entry offers a large covered front porch for extended outdoor living space and French doors that open to a cozy living room with lots of light. A galley kitchen features original midcentury tilework, ample cupboard space, a modern gas stove and refrigerator, and a roomy dining area with a framed view of the Pacific Ocean. There are two bedrooms, one full bath, a hall closet, and the second bedroom has a vintage-style utility sink and closet space near the garage and washer/dryer area. An expansive lot offers plenty of options for building a dream garden, additional outdoor living areas, or a palette for future expansion plus a large storage shed, single-car garage, and long driveway for additional off-street parking. Bring your creative ideas...with a few personal updates, this home is move-in ready yet provides a ton of design potential.

Last Listed By

Catherine Stone

Central Coast Real Estate License #00917365 Listed on: 08/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1940

Lot Details

  • 3,750 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned 20

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 21 / 4
  • Assessor Parcel Number 064118009

Community Details

Overview

  • No Home Owners Association
  • Town Of Cayucos Subdivision
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$542

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: 20
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 064118009
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 810.00 Square Feet
  • Stories: 1
  • Entry Location: front of home
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1296.30
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Park, Watersports, Preserve/Public Land

Schools

  • School District: Coast Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3750.00
  • Lot Size Acres: 0.0861

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 105.04
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 12, 2023
Sold by
Marvin L Rhine Family Revocable Trust
Bought by
Mcgee-Gaeta Family Trust and Mcgee
Seller's Agent
Catherine Stone
Central Coast Real Estate
Buyer's Agent
John McGee Jr.
Central Coast Real Estate
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
41
Views
535
Current Estimated Value
$1,166,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,146
Avg. Annual Appreciation
7.05%
Original Mortgage
$675,000
Outstanding Balance
$666,063
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$498,556

Purchase Details

Closed on
Sep 23, 2009
Sold by
Rhine Barbara J
Bought by
Rhine Barbara J

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
Mcgee-Gaeta Family Trust $1,050,000 Placer Title
Rhine Barbara J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee-Gaeta Family Trust $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $1,050,000 -12.5% $1,296 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $1,200,000 -- $1,481 / 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
2024 $542 $1,050,000 $850,000 $200,000
2023 $542 $38,829 $18,355 $20,474
2022 $530 $38,069 $17,996 $20,073
2021 $542 $37,324 $17,644 $19,680
2020 $511 $36,943 $17,464 $19,479
2019 $501 $36,220 $17,122 $19,098
2018 $490 $35,511 $16,787 $18,724
2017 $479 $34,815 $16,458 $18,357
2016 $469 $34,134 $16,136 $17,998
2015 $464 $33,622 $15,894 $17,728
2014 $450 $32,964 $15,583 $17,381
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23155950

California Regional Multiple Listing Service (CRMLS)

APN: 064-118-009