NOT LISTED FOR SALE

2880 Nicola Ranch Rd San Luis Obispo, CA 93405

Estimated Value: $971,509

20 Acres
$48,575 Price per Acre
871,200 Sq Ft Lot

Last Sold June 10, 2014

Last sale price $360,000

Est. 170% increase in value since last sale

Current estimated payment $6,547/month

181 Days on Market

Highlights

  • 20 Acre Lot
  • View of Hills
  • Agricultural
  • Del Mar Elementary School Rated A-
  • No HOA

About This Lot

As of June 2014

Unique and rare find of a beautiful 20 acre parcel approximately 2 miles outside of Morro Bay city limits. Property is fairly level and has a blue line creek. Two railroad flat bed cars on the property may be included in sale and used to cross the creek. Well is cased and capped but does not have power.

Last Agent to Sell the Property

Kathy Taverner

BHGRE HAVEN PROPERTIES License #00870894 Listed on: 03/11/2014

BHGRE HAVEN PROPERTIES

Co-Listed By

Karen Roza

BHGRE HAVEN PROPERTIES License #00708218

Last Buyer's Agent

Kathy Taverner

BHGRE HAVEN PROPERTIES License #00870894 Listed on: 03/11/2014

BHGRE HAVEN PROPERTIES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,169

Lot Details

  • 20 Acre Lot
  • Rural Setting
  • Property is zoned AG

Additional Features

  • Views of Hills
  • Agricultural
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 073191021

Property Details

Property Type

Land

Est. Annual Taxes

$15,169

Lot Details

0

Listing Details

  • Assessments: No
  • Zoning: AG
  • Property Type: Land
  • Parcel Number: 073191021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.41

Exterior Features

  • View: Hills

Utilities

  • Water Source: Shared Well
  • Water Well: No
  • Well Gallons Per Minute: 9.00

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Lot Features: Agricultural
  • Lot Size Sq Ft: 871200.00
  • Lot Size Acres: 20.0000

Multi Family

  • Lot Size Area: 871200.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2017
Sold by
Armstrong Robert Michael and Armstrong Kathleen K
Bought by
Kelley Frank James and Kelley Elaine Patricia
Current Estimated Value
$971,509

Purchase Details

Listed on
Mar 11, 2014
Closed on
Jun 5, 2014
Sold by
Gomes William A and Gomes Susan T
Bought by
Armstrong Robert Michael and Armstrong Kathleen K
Seller's Agent
Kathy Taverner
BHGRE HAVEN PROPERTIES
Buyer's Agent
Kathy Taverner
BHGRE HAVEN PROPERTIES
List Price
$599,000
Sold Price
$360,000
Premium/Discount to List
-$239,000
-39.9%

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%

Purchase Details

Closed on
May 10, 2013
Sold by
Albright Glen Leslie and Albright Louise
Bought by
Gomes William A and Gomes Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 2007
Sold by
Albright Glen L and Albright Anne L
Bought by
The Glen Leslie Albright & Anne Louise A

Purchase Details

Closed on
Jul 13, 2000
Sold by
Perry Edward and Perry Margie A
Bought by
Albright Glen and Albright Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.55%
Mortgage Type
Seller Take Back
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
Kelley Frank James $610,000 Fidelity National Title Co
Armstrong Robert Michael $360,000 Fidelity National Title Co
Gomes William A $285,000 Fidelity National Title Co
The Glen Leslie Albright & Anne Louise A -- None Available
Albright Glen $200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomes William A $210,000
Previous Owner Albright Glen $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2014 06/10/14 Sold $360,000 -39.9% --
05/04/2014 05/04/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $599,000 -- --
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 $15,169 $1,407,202 $764,561 $642,641
2024 $14,894 $1,379,611 $749,570 $630,041
2023 $14,894 $1,352,561 $734,873 $617,688
2022 $13,959 $1,326,041 $720,464 $605,577
2021 $7,152 $641,217 $632,808 $8,409
2020 $6,741 $634,643 $626,320 $8,323
2019 $6,672 $622,200 $614,040 $8,160
2018 $6,541 $610,000 $602,000 $8,000
2017 $4,077 $380,246 $380,246 $0
2016 $3,997 $372,791 $372,791 $0
2015 $3,936 $367,192 $367,192 $0
2014 $2,389 $237,950 $237,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1038944

California Regional Multiple Listing Service (CRMLS)

APN: 073-191-021