NOT LISTED FOR SALE

259 Montecito Ave Pismo Beach, CA 93449

Estimated Value: $1,332,000 - $1,590,000

0.87 Acre
$1,657,483 Price per Acre
37,854 Sq Ft Lot

Last Sold June 19, 2017

Last sale price $6,500 $6 Per Sq Ft

Est. 22,059% increase in value since last sale

Current estimated payment $8,712/month

115 Days on Market

About This Lot

As of June 2017

This beautiful parcel located in Garapatos Redwoods Subdivision is just under an acre and a great opportunity to own a little slice of California property near the coast! Nice recreational area for hiking and camping. The Garapatos Redwoods Subdivision was created in 1926 and is believed to be comprised of 150 lots. Due to the guidelines of Monterey County, this property may not buildable. Minimum lot size for septic is 1 acre, septic and well 2.5 and minimum acreage to build is 5 acres . Buyers need to satisfy themselves as to the property location, size, boundaries and buildability.

Last Agent to Sell the Property

Valerie Smith

Intero Real Estate Services License #01254521 Listed on: 02/20/2017

Intero Real Estate Services

Last Buyer's Agent

Linda Crose-Andersen

Coldwell Banker Realty License #01957715

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,095

Lot Details

  • 0.87

Additional Features

  • 0.87 Acre Lot
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$11,095

Lot Details

0

Listing Details

  • Zoning: RDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land, Vacant
  • Development Status: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Acres: 0.8690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 37838.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 37838.00
  • Parcel Access: No Parcel Access, Unimproved, Unpaved Road

Multi Family

  • Utilities: None / No Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Apr 12, 2017
Sold by
Strickland Marcia W
Bought by
Rostermundt Shane Dee and Rostermundt Christina Leigh
Seller's Agent
Collette Kutil
Coastal Connection Real Estate
Buyer's Agent
Wes Burk
Compass
List Price
$895,000
Sold Price
$905,000
Premium/Discount to List
$10,000
1.12%
Current Estimated Value
$1,440,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,353
Avg. Annual Appreciation
5.77%
Original Mortgage
$400,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
Sold by
Strickland Marcia W
Bought by
Strickland Marcia W

Purchase Details

Closed on
Jul 11, 2005
Sold by
Strickland Marcia W
Bought by
Strickland Marcia Will

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2005
Sold by
Halopoff Luba J
Bought by
Strickland Marcia Will

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 2003
Sold by
Halopoff Luba J
Bought by
Halopoff Luba J

Purchase Details

Closed on
Sep 8, 1998
Sold by
Rodgers Michael and Rodgers Carolanne
Bought by
Halopoff Luba J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
6.92%

Purchase Details

Closed on
May 16, 1997
Sold by
Rodgers Michael R and Rodgers Carolanne M
Bought by
Rodgers Michael and Rodgers Carolanne

Purchase Details

Closed on
Mar 15, 1994
Sold by
Arnold Gene and Arnold Karen D
Bought by
Rodgers Michael R and Rodgers Carolanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rostermundt Shane Dee $905,000 First American Title Company
Strickland Marcia W -- None Available
Strickland Marcia Will -- Fidelity Title Company
Strickland Marcia Will $950,000 Fidelity Title Company
Halopoff Luba J -- --
Halopoff Luba J -- --
Halopoff Luba J $274,000 Fidelity National Title Co
Rodgers Michael -- --
Rodgers Michael R -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rostermund Shane $382,500
Closed Rostermundt Shane Dee $382,500
Previous Owner Rostermundt Shane Dee $400,000
Previous Owner Strickland Marcia W $614,000
Previous Owner Strickland Marcia W $160,000
Previous Owner Strickland Marcia Will $95,000
Previous Owner Strickland Marcia Will $760,000
Previous Owner Halopoff Luba J $297,000
Previous Owner Halopoff Luba J $217,600
Previous Owner Rodgers Michael R $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $6,500 -78.3% $6 / Sq Ft
02/20/2017 02/20/17 For Sale $30,000 -- $29 / Sq Ft
Source: MLSListings

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 $11,095 $1,050,324 $783,393 $266,931
2024 $10,963 $1,029,731 $768,033 $261,698
2023 $10,963 $1,009,541 $752,974 $256,567
2022 $10,794 $989,747 $738,210 $251,537
2021 $10,768 $970,341 $723,736 $246,605
2020 $10,643 $960,392 $716,315 $244,077
2019 $10,564 $941,562 $702,270 $239,292
2018 $10,435 $923,100 $688,500 $234,600
2017 $9,069 $805,000 $615,000 $190,000
2016 $8,097 $745,000 $570,000 $175,000
2015 $7,109 $652,000 $500,000 $152,000
2014 $6,110 $569,000 $435,000 $134,000
Source: Public Records

Agents Affiliated with this Home

  • Valerie Smith

    Seller's Agent in 2017

    Valerie Smith

    Intero Real Estate Services

    (831) 801-5588

    97 Total Sales

    Valerie Smith
    Section Image
  • Linda Crose-Andersen

    Buyer's Agent in 2017

    Linda Crose-Andersen

    Coldwell Banker Realty

    (650) 417-1545

    26 Total Sales

    Linda Crose-Andersen
    Section Image
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Map

Source: MLSListings

MLS Number: ML81639491

MLSListings

APN: 010-242-011

California San Luis Obispo County Pismo Beach 93449

259 Montecito Ave, Pismo Beach, CA

This home is located at 259 Montecito Ave, Pismo Beach, CA 93449 since 20 February 2017 and is currently estimated at $1,440,353, approximately $1,387 per square foot. 259 Montecito Ave is a home located in San Luis Obispo County with nearby schools including Judkins Middle School, Arroyo Grande High School, and Bellevue-Santa Fe Charter School.

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