NOT LISTED FOR SALE

Estimated Value: $480,000 - $614,000

1 Bed
1 Bath
766 Sq Ft
$694/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $445,000 $581 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,316/month

6 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Living Room
  • Arroyo Grande High School Rated A-
  • Bathtub with Shower
  • Laundry Room

About This Home

As of April 2023

Attention all investors! Here is a fantastic opportunity to own a fixer-upper in the sought-after coastal town of Oceano. This 1 bed/1 bath home with a detached garage is ready to be turned into a dreamy beach bungalow! Featuring a cozy living room and a galley-style kitchen, there is plenty of room to upgrade and customize to your liking. The spacious bedroom is filled with natural light, and the nearby bathroom is ready to be transformed into a more modern and functional space. This property sits on a generous lot with ample space to create an outdoor oasis perfect for entertaining, gardening, or simply relaxing. The detached garage provides additional storage space or even the potential to be turned into an ADU for rental income (confirm with the County). This is truly a diamond in the rough, so schedule your showing today!

Last Agent to Sell the Property

Owen Schwaegerle

Keller Williams Realty Central Coast License #02040597 Listed on: 03/02/2023

Keller Williams Realty Central Coast

Co-Listed By

Camille Schwaegerle

Keller Williams Realty Central Coast License #02107467

Last Buyer's Agent

Kevin Jones

Realty Professionals License #01892221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,097

Year Built

  • Built in 1935

Lot Details

  • 5,000 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned RSF

Parking

  • 1 Car Garage

Interior Spaces

  • 766 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer

Location

  • Urban Location

Community Details

  • No Home Owners Association
  • Oceano Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 062067018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,097

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer Dryer, and large refrigerator
  • Property Attached: No
  • Subdivision Name Other: Oceano(350)
  • View: No
  • Zoning: RSF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 062067018
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 766.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 580.94
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 122.02
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 16, 2023
Sold by
Schilling Trina
Bought by
Lee Jordan Cameron and Lee Rachel D
Seller's Agent
Owen Schwaegerle
Keller Williams Realty Central Coast
Buyer's Agent
Kevin Jones
Realty Professionals
List Price
$399,000
Sold Price
$445,000
Premium/Discount to List
$46,000
11.53%
Views
229
Current Estimated Value
$531,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,675
Avg. Annual Appreciation
7.73%
Original Mortgage
$249,000
Interest Rate
6.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 14, 2019
Sold by
Schilling Donald B
Bought by
Schilling Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2004
Sold by
Webb Irene M
Bought by
Schilling Donald B and Schilling Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Stennett Tom and Stennett Amy
Bought by
Webb Irene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,921
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2002
Sold by
Kick Amy
Bought by
Kick Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,600
Interest Rate
5.96%

Purchase Details

Closed on
Apr 13, 2000
Sold by
Sam Tony P and Sam Mabel Q
Bought by
Kick Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,621
Interest Rate
8.53%

Purchase Details

Closed on
Oct 21, 1997
Sold by
Jeong William and Jeong William Y
Bought by
Jeong William Y and Jeong Beatrice S
Source: Public Records

Range of Values:

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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
Lee Jordan Cameron $445,000 First American Title
Schilling Trina -- Boston National Title Llc
Schilling Donald B $285,000 Chicago Title Company
Webb Irene M $221,000 Fidelity Title Company
Kick Amy -- Chicago Title Company
Kick Amy $89,500 Fidelity National Title Co
Jeong William Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jordan Cameron $278,100
Closed Lee Jordan Cameron $249,000
Previous Owner Schilling Trina $164,000
Previous Owner Schilling Donald B $213,750
Previous Owner Webb Irene M $217,921
Previous Owner Kick Amy $80,600
Previous Owner Kick Amy $86,621
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $445,000 +11.5% $581 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $399,000 -- $521 / 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 $5,097 $462,978 $364,140 $98,838
2024 $4,451 $453,900 $357,000 $96,900
2023 $4,451 $389,460 $266,475 $122,985
2022 $4,389 $381,824 $261,250 $120,574
2021 $4,600 $374,338 $256,128 $118,210
2020 $4,334 $370,500 $253,502 $116,998
2019 $4,305 $363,236 $248,532 $114,704
2018 $4,234 $356,114 $243,659 $112,455
2017 $3,454 $287,000 $195,000 $92,000
2016 $3,003 $258,000 $175,000 $83,000
2015 $2,523 $235,000 $164,000 $71,000
2014 $2,110 $200,000 $130,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23033927

California Regional Multiple Listing Service (CRMLS)

APN: 062-067-018