NOT LISTED FOR SALE

210 S 7th St Grover Beach, CA 93433

Estimated Value: $1,105,000 - $1,315,000

8 Beds
6 Baths
3,900 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $775,000 $199 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,213/month

29 Days on Market

Highlights

  • Active Adult
  • Laundry Room
  • Radiant Heating System
  • Corner Lot
  • Wood Siding

About This Home

As of March 2019

Amazing Investment Opportunity right here on this Four-plex in the heart of Grover Beach.
UNIT A-2 Bed, 1.25 Bath 1 Car Garage - Two Story unit with backyard-Leased until Sept 2019
UNIT B- 2 Bed, 1 Bath 1 Car Garage - Upstairs Unit with backyard through garage-Month to Month
UNIT C-2 Bed, 1 Bath Upstairs Unit with backyard through garage-Month to Month
UNIT D-2 Bed, 1.25 Bath (2) 1 Car Garages - Two Story unit with big backyard and patio. Month to Month
COIN OP laundry room. Electric Units, tenant metered.
Radiant Ceiling heating (except UNIT C). Owner pays Water, Trash and Gas (which could be separately metered).
Exterior termite report on file 2/2019-Clark Pest $25,000 (mostly wood siding).
Offers, if any to be submitted for review on February 25, 2019

Last Agent to Sell the Property

Amy Gallagher

Century 21 Masters-Arroyo Grande License #01071563 Listed on: 02/17/2019

Century 21 Masters-Arroyo Grande

Co-Listed By

Chris Gallagher

Century 21 Masters-Arroyo Grande License #01373377

Last Buyer's Agent

Jeanne Kohlbush

JK Properties License #01406976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,030

Year Built

  • Built in 1960

Lot Details

  • 6,515 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage

Home Design

  • 3,900 Sq Ft Home
  • Quadruplex
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Radiant Heating System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 060193001

Community Details

Overview

  • Active Adult
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $234
  • Insurance Expense $1,000
  • Trash Expense $822
  • Water Sewer Expense $3,190
  • New Taxes Expense $2,100
  • Operating Expense $10,084
  • Gross Income $50,700
  • Net Operating Income $40,615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,030

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Grover Beach (330)
  • Water Sewer Expenses: 3190.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 060193001
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 198.72

Exterior Features

  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Radiant
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 822.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size: 6515
  • Lot Size Sq Ft: 6515.00
  • Lot Size Acres: 0.1496

Multi Family

  • Fuel Expense: 234.00
  • Gross Income: 50700.00
  • Gross Scheduled Income: 50700.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6515.0000 Square Feet
  • Net Operating Income: 40615.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10084.00
  • Rent Control: No
  • Total Expenses: 10084.00

Tax Info

  • New Taxes Expense: 2100.00
  • Tax Annual Amount: 3030.00
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2019
Closed on
Mar 22, 2019
Sold by
Brainard Michele S
Bought by
Cv Rentals Llc
Seller's Agent
Amy Gallagher
Century 21 Masters-Arroyo Grande
Buyer's Agent
Jeanne Kohlbush
JK Properties
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%
Current Estimated Value
$1,212,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,772
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Dec 20, 1995
Sold by
Fanucchi Joaquin and Fanucchi Edna
Bought by
Fanucchi Joaquin and Fanucchi Edna H
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
Cv Rentals Llc $775,000 First American Title Company
Fanucchi Joaquin -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2019 03/26/19 Sold $775,000 0.0% $199 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/15/2019 03/15/19 Price Changed $775,000 -13.8% $199 / Sq Ft
02/17/2019 02/17/19 For Sale $899,000 -- $231 / 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 $9,706 $864,523 $334,654 $529,869
2024 $9,630 $847,573 $328,093 $519,480
2023 $9,630 $830,955 $321,660 $509,295
2022 $9,481 $814,662 $315,353 $499,309
2021 $9,369 $798,689 $309,170 $489,519
2020 $9,263 $790,500 $306,000 $484,500
2019 $3,069 $258,853 $49,169 $209,684
2018 $3,030 $253,778 $48,205 $205,573
2017 $2,896 $248,803 $47,260 $201,543
2016 $2,699 $243,926 $46,334 $197,592
2015 $2,637 $240,263 $45,639 $194,624
2014 $2,485 $235,557 $44,745 $190,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19041264

California Regional Multiple Listing Service (CRMLS)

APN: 060-193-001