NOT LISTED FOR SALE

Estimated Value: $1,974,000 - $2,537,514

4 Beds
5 Baths
2,492 Sq Ft
$872/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $1,870,000 $750 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $13,053/month

25 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Cul-De-Sac
  • Fishing
  • No HOA
  • 4 Car Attached Garage

About This Home

As of May 2023

Welcome to 2155 Circle Drive, a stunning duplex property located in the charming town of Cayucos! This property features two separate living units, which may be a great opportunity for investors, multi-generational families, or those needing a second home! The upper unit boasts a primary suite, one additional bedroom and a full bathroom offering privacy and comfort for you and your guests. Along with the incredibly bright and airy kitchen, adjacent to the dining area and a cozy living room, are multiple attached decks with amazing and breathtaking views of the Pacific Ocean, sandy beaches, and the iconic Morro Rock! The lower unit is equally impressive with its own separate entrance, making it a great option for guests or tenants. The lower unit also features a primary suite, one additional bedroom, two bathrooms, a comfortable living room, a fully equipped kitchen, and laundry room. Both bedrooms upstairs and the primary suite downstairs each have their own private decks, making it the ideal space for relaxation and rejuvenation. Both units are separately metered offering flexibility and convenience. The property also features two separate 2-car garages providing ample space for storage, hobbies, or entertainment. The property also features three separate parking areas, making it easy for you and your guests to park. The backyard provides lots of room for entertaining, with flexibility to add lush landscaping or outdoor seating areas, where you can relax and enjoy the sunshine. Better yet, take a walk down to the Morro Strand, one of the most beautiful and popular beaches in the area, and soak up the sun or take a dip in the ocean. Don't miss this fantastic opportunity to own a piece of paradise!! Schedule a viewing today and make this property your own!

Last Agent to Sell the Property

Shonda Merrill

Merrill & Associates Real Estate License #01890742 Listed on: 02/24/2023

Last Buyer's Agent

Mike Oliver

BHGRE Haven Properties License #01898274

BHGRE Haven Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 7,700 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Corner Lot
  • Back Yard

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Hills

Home Design

  • Duplex

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 064181011

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Town Of Cayucos Subdivision

Recreation

  • Fishing
  • Water Sports

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: RMF
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 064181011
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2492.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 750.40

Exterior Features

  • View: Coastline, Hills, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac
  • Lot Size Sq Ft: 7700.00
  • Lot Size Acres: 0.1768

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7700.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 105.04
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 24, 2023
Sold by
Judith R Gordon Revocable Living Trust
Bought by
Talley Martin Wilson and Talley Erin Ann
Seller's Agent
Shonda Merrill
Merrill & Associates Real Estate
Buyer's Agent
Mike Oliver
BHGRE Haven Properties
List Price
$2,000,000
Sold Price
$1,870,000
Premium/Discount to List
-$130,000
-6.5%
Views
47
Current Estimated Value
$2,171,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,838
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,496,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2021
Sold by
Kasparian James Theodore
Bought by
James T Kasparian Revocable Living Trust and Gordon

Purchase Details

Closed on
Feb 13, 2003
Sold by
Kasparian James T
Bought by
Kasparian James T and James T Kasparian Revocable Li

Purchase Details

Closed on
Jun 27, 2002
Sold by
Kasparian James T and James T Kasparian Revocable Li
Bought by
Kasparian James T and Gordon Judith R

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
6.78%

Purchase Details

Closed on
Dec 23, 1998
Sold by
Kasparian James T
Bought by
Kasparian James T and James T Kasparian Revocable Li
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
Talley Martin Wilson $1,870,000 Fidelity National Title
James T Kasparian Revocable Living Trust -- --
Kasparian James T -- --
Gordon Judith R -- --
Kasparian James T -- Cuesta Title Company
Kasparian James T -- --
Gordon Judith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talley Martin Wilson $1,496,000
Previous Owner Kasparian James T $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $1,870,000 -6.5% $750 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $2,000,000 -- $803 / 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 $20,082 $1,945,548 $1,144,440 $801,108
2024 $4,483 $1,907,400 $1,122,000 $785,400
2023 $4,483 $412,228 $148,784 $263,444
2022 $4,406 $404,146 $145,867 $258,279
2021 $4,341 $396,222 $143,007 $253,215
2020 $4,295 $392,160 $141,541 $250,619
2019 $4,211 $384,471 $138,766 $245,705
2018 $4,128 $376,934 $136,046 $240,888
2017 $4,151 $369,544 $133,379 $236,165
2016 $4,068 $362,299 $130,764 $231,535
2015 $4,031 $356,858 $128,800 $228,058
2014 $3,894 $349,868 $126,277 $223,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS23031380

California Regional Multiple Listing Service (CRMLS)

APN: 064-181-011