$765,000
SOLD FEB 26, 2025

271 N 5th St Grover Beach, CA 93433

3 Beds
3 Baths
1,640 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Laundry Room
  • Arroyo Grande High School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of February 2025

Great location, near multiple beaches! Tiled entry opens to vaulted ceilings in the living and dining room, with expansive windows to let in great natural light, and cozy brick fireplace. Freshly painted, new carpet have been added to this home that has been well taken care of. Built in 1991, this home has a lot to offer. Downstairs bedroom/office is conveniently located next to full bath and indoor laundry room.
Upstairs is a huge master suite with full bathroom and spacious walk-in closet with built-in shelving. Also upstairs, is a second bedroom, another full bathroom and a flex space that would make a great media room, office, or reading room. Attached 2 car garage has built-in storage.
Sliding doors off of the dining area open to private, fenced patio area for outdoor dining and barbecue area. Easy to show, so schedule a tour today!

Last Agent to Sell the Property

Mark London

Asset Management Service Brokerage Phone: 805-471-5474 License #00589098 Listed on: 11/21/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 4,500 Sq Ft Lot
  • No Landscaping
  • Lot Sloped Down
  • Property is zoned R2

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Panoramic Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Rain Gutters
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • North Grover Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060144030
  • $5,375 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Grover Beach(350)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 060144030
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1640.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 466.46

Exterior Features

  • View: Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, No Landscaping
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 121.02
  • TaxOtherAnnualAssessmentAmount: 5375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 11, 2025
Sold by
National Gift Annuity Foundation
Bought by
Garibyan Nune
Seller's Agent
Mark London
Asset Management Service
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$835,000
Sold Price
$765,000
Premium/Discount to List
-$70,000
-8.38%
Views
58
Current Estimated Value
$817,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,870
Avg. Annual Appreciation
7.45%
Original Mortgage
$415,000
Outstanding Balance
$412,596
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$405,274

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 7, 2025
Sold by
Orujyan Sevak
Bought by
Garibyan Nune
Seller's Agent
Mark London
Asset Management Service
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$835,000
Sold Price
$765,000
Premium/Discount to List
-$70,000
-8.38%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$412,596
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$405,274

Purchase Details

Closed on
Jul 17, 2024
Sold by
Giorgio Merlano Living Trust and Merlano Giorgio Pier
Bought by
National Gift Annuity Foundation

Purchase Details

Listed on
Nov 9, 2013
Closed on
Oct 3, 2013
Sold by
Gibbs Charles N and Gibbs Donna L
Bought by
Merlano Giorgio Pier and The Giorgiof Merlano Living Tr
Seller's Agent
Hal Sweasey
Equity Union
Buyer's Agent
Lindsey Harn
Christie's International Real Estate Sereno
List Price
$390,575
Sold Price
$390,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Nov 27, 2002
Sold by
Gibbs Charles N and Gibbs Donna L
Bought by
Gibbs Charles N and Gibbs Donna L

Purchase Details

Closed on
Jul 29, 1999
Sold by
Dean Franklin E and Dean Lori A
Bought by
Gibbs Charles N and Gibbs Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
7.5%
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 Type Sale Price Title Company
Grant Deed $765,000 Fidelity National Title
Deed -- Fidelity National Title
Gift Deed -- Fidelity National Title
Grant Deed $391,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed $195,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,000 New Conventional
Previous Owner $55,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $765,000 -4.3% $466 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
12/11/2024 12/11/24 Price Changed $799,000 -2.0% $487 / Sq Ft
12/04/2024 12/04/24 Price Changed $815,000 -2.4% $497 / Sq Ft
11/21/2024 11/21/24 For Sale $835,000 +113.8% $509 / Sq Ft
12/02/2013 12/02/13 Sold $390,575 0.0% $238 / Sq Ft View Prior Sale
11/22/2013 11/22/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $390,575 -- $238 / 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 $5,375 $765,000 $425,000 $340,000
2024 $5,333 $469,394 $180,269 $289,125
2023 $5,333 $460,191 $176,735 $283,456
2022 $5,250 $451,169 $173,270 $277,899
2021 $5,189 $442,323 $169,873 $272,450
2020 $5,130 $437,789 $168,132 $269,657
2019 $5,088 $429,206 $164,836 $264,370
2018 $5,025 $420,791 $161,604 $259,187
2017 $4,801 $412,541 $158,436 $254,105
2016 $4,475 $404,453 $155,330 $249,123
2015 $4,373 $398,378 $152,997 $245,381
2014 $4,120 $390,575 $150,000 $240,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24238087

California Regional Multiple Listing Service (CRMLS)

APN: 060-144-030