Seller's Agent in 2024
Clayton Gambrill
Pismo Coast Realty
(559) 760-3544
1 in this area
2 Total Sales
254 Grand Ave San Luis Obispo, CA 93405
Cuesta Park Neighborhood
8
Beds
3
Baths
1,970
Sq Ft
5,000
Sq Ft Lot
Highlights
- Solar Power System
- View of Hills
- No HOA
- Bishop's Peak Elementary School Rated A
- Quartz Countertops
- Open to Family Room
About This Home
As of August 2024Welcome to 254 Grand Ave in San Luis Obispo! BOTH UNITS CURRENTLY LEASED FOR 2024-2025 SCHOOL YEAR!
The main house, freshly remodeled in 2024, boasts four bedrooms, a modern bathroom and attached garage. Additionally, a newly constructed ADU offers four bedrooms and two bathrooms, perfect for accommodating guests or tenants. Situated near the college campus and downtown area, this property presents a fantastic opportunity for student rentals.
With its prime location close to the college campus and downtown amenities, 254 Grand Ave is an ideal investment for student housing. The main house's recent renovation ensures a comfortable living space, while the ADU provides additional flexibility for tenants. Don't miss out on the chance to own a property with great potential for rental income in this sought-after area of San Luis Obispo.
Last Agent to Sell the Property
Pismo Coast Realty Brokerage Phone: 559-760-3544 License #02084430 Listed on: 04/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,177
Year Built
- Built in 1949 | Remodeled
Lot Details
- 5,000 Sq Ft Lot
- Wood Fence
- Fence is in excellent condition
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
- Property is zoned R1
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
- Attached Carport
- Parking Available
- Driveway
Home Design
- Bungalow
- Additions or Alterations
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 1,970 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Family Room Off Kitchen
- Vinyl Flooring
- Views of Hills
Kitchen
- Open to Family Room
- Gas Range
- <<microwave>>
- Quartz Countertops
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
- Quartz Bathroom Countertops
- <<tubWithShowerToken>>
Laundry
- Laundry Room
- Stacked Washer and Dryer
Accessible Home Design
- Accessible Parking
Eco-Friendly Details
- Energy-Efficient Appliances
- ENERGY STAR Qualified Equipment for Heating
- Solar Power System
- Solar owned by seller
Outdoor Features
- Patio
- Front Porch
Utilities
- Ducts Professionally Air-Sealed
- Forced Air Heating System
- Vented Exhaust Fan
- Natural Gas Connected
Community Details
- No Home Owners Association
- San Luis Obispo Subdivision
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 052116016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2024
Closed on
Jul 24, 2024
Sold by
Goodwin Lora and Gambril Cody
Bought by
Shannon Family Trust and Shannon
Seller's Agent
Clayton Gambrill
Pismo Coast Realty
Buyer's Agent
Rob Rose
Christie's International Real Estate Sereno
List Price
$2,200,000
Sold Price
$1,950,000
Premium/Discount to List
-$250,000
-11.36%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,758
Avg. Annual Appreciation
-2.20%
Original Mortgage
$539,000
Outstanding Balance
$535,293
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$1,374,355
Purchase Details
Listed on
Mar 21, 2022
Closed on
Apr 13, 2022
Sold by
Mark Goodwin
Bought by
Goodwin Lora
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Hal Sweasey
Keller Williams Realty Central Coast
List Price
$850,000
Sold Price
$990,000
Premium/Discount to List
$140,000
16.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.11%
Original Mortgage
$990,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 21, 2022
Closed on
Apr 1, 2022
Sold by
Politz Jeffrey D and Politz Ellen
Bought by
Gambril Cody and Gambril Clayton
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Hal Sweasey
Keller Williams Realty Central Coast
List Price
$850,000
Sold Price
$990,000
Premium/Discount to List
$140,000
16.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 7, 2016
Closed on
Apr 14, 2016
Sold by
Casas Thomas Frank and Casas Monica Joanne
Bought by
Politz Jeffrey D and Politz Ellen
Seller's Agent
Jerry McLaughlin
Irish Hills Realty Inc
Buyer's Agent
Steve Murphy
Century 21 Masters
List Price
$615,000
Sold Price
$585,000
Premium/Discount to List
-$30,000
-4.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$468,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 2010
Sold by
Casas Thomas Frank and Casas Monica Joanne
Bought by
Casas Thomas Frank and Casas Monica Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2008
Sold by
Casas Thomas F and Casas Monica J
Bought by
Casas Thomas Frank and Casas Monica Joanne
Purchase Details
Closed on
Jul 21, 2005
Sold by
Thomas Preston
Bought by
Casas Thomas F and Casas Monica J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 3, 2004
Sold by
Graves Betty I
Bought by
Thomas Preston
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,950,000 | First American Title | |
| Deed | -- | First American Title | |
| Deed | -- | First American Title | |
| Grant Deed | $990,000 | First American Title | |
| Deed | -- | First American Title | |
| Grant Deed | $585,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $605,000 | Fidelity Title Company | |
| Grant Deed | $440,000 | Fidelity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $539,000 | New Conventional | |
| Previous Owner | $990,000 | New Conventional | |
| Previous Owner | $468,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $325,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $308,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $1,950,000 | -2.5% | $990 / Sq Ft |
| 07/09/2024 07/09/24 | Pending | -- | -- | -- |
| 06/24/2024 06/24/24 | Price Changed | $1,999,000 | -7.0% | $1,015 / Sq Ft |
| 05/21/2024 05/21/24 | Price Changed | $2,150,000 | -2.3% | $1,091 / Sq Ft |
| 04/10/2024 04/10/24 | For Sale | $2,200,000 | +122.2% | $1,117 / Sq Ft |
| 04/19/2022 04/19/22 | Sold | $990,000 | +16.5% | $1,120 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | For Sale | $850,000 | +45.3% | $962 / Sq Ft |
| 05/06/2016 05/06/16 | Sold | $585,000 | -4.9% | $662 / Sq Ft |
| 04/10/2016 04/10/16 | Pending | -- | -- | -- |
| 04/07/2016 04/07/16 | For Sale | $615,000 | -- | $696 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,177 | $1,113,696 | $884,340 | $229,356 |
| 2023 | $11,177 | $1,009,800 | $867,000 | $142,800 |
| 2022 | $6,906 | $652,575 | $485,249 | $167,326 |
| 2021 | $6,796 | $639,781 | $475,735 | $164,046 |
| 2020 | $6,726 | $633,221 | $470,857 | $162,364 |
| 2019 | $6,657 | $620,806 | $461,625 | $159,181 |
| 2018 | $6,526 | $608,634 | $452,574 | $156,060 |
| 2017 | $6,398 | $596,700 | $443,700 | $153,000 |
| 2016 | $6,037 | $563,000 | $420,000 | $143,000 |
| 2015 | $5,724 | $534,000 | $395,000 | $139,000 |
| 2014 | $5,140 | $512,000 | $380,000 | $132,000 |
Source: Public Records
Agents Affiliated with this Home
-
Clayton Gambrill
-
Rob Rose
Buyer's Agent in 2024
Rob Rose
Christie's International Real Estate Sereno
(805) 471-8351
1 in this area
77 Total Sales
-
Hal Sweasey
Seller's Agent in 2022
Hal Sweasey
Keller Williams Realty Central Coast
(805) 781-3750
12 in this area
568 Total Sales
-
Jordan Knauer
J
Buyer Co-Listing Agent in 2022
Jordan Knauer
Keller Williams Realty Central Coast
(805) 781-8101
2 in this area
64 Total Sales
-
Jerry McLaughlin
Seller's Agent in 2016
Jerry McLaughlin
Irish Hills Realty Inc
(805) 286-7820
17 Total Sales
-
Steve Murphy
Buyer's Agent in 2016
Steve Murphy
Century 21 Masters
(805) 550-1234
80 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI24070595
APN: 052-116-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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