NOT LISTED FOR SALE

305 Newport Ave Grover Beach, CA 93433

Estimated Value: $652,000 - $1,065,000

5 Beds
2.5 Baths
2,250 Sq Ft
$405/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $680,000 $302 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,552/month

51 Days on Market

Highlights

  • Main Floor Bedroom
  • Corner Lot
  • Cottage
  • Arroyo Grande High School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of November 2017

Two Well Maintained Investment or Vacation homes on Large R-2 Lot. Priced just reduced!

Three-bedroom 1 1/2-bath 1250 sq. ft. on 3rd Street home and a two-bedroom plus den and one-bath 1000 sq. ft. home on Newport Ave. positioned on a large 7,500 sq. ft. corner R-2 lot. These residences are just six blocks to the Grand & Dolliver entrance to drive-on access to the beach and the Dunes, and are walking distance to the Ribline, Station Grill and other popular venues.

Both homes are original beach cottage architecture. One of the homes has a two-car garage. Each residence has its own address, 305 Newport Avenue and 436 North Third Street, Grover Beach. These are two nicely situated homes, each having their own street frontage. The homes complement each other, while maintaining their own unique presence.

Two separate homes with yards priced comparable to similar sized apartments. Both homes are popular, minimal vacancy rental properties, that rent for $1,800 each (both due for rent increases). The owner/property manager has kept these two rental homes well maintained. Clean termite inspection on both homes. Square footage and year built are seller's approximation.

Last Agent to Sell the Property

Rob Feder

Century 21 Hometown Realty, San Luis Obispo Office License #01397889 Listed on: 08/16/2017

Century 21 Hometown Realty, San Luis Obispo Office

Last Buyer's Agent

Linda Fibich

Compass California, Inc.-PB License #00705843

Compass California, Inc.-PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • Corner Lot
  • Back Yard
  • Property is zoned 20

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Cottage
  • Raised Foundation
  • Frame Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Drapes & Rods
  • Termite Clearance
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • Accessible Parking

Additional Features

  • Shed
  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060086005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,687

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Newport - Refigerator, range and dish washer; 3rd St. - Refrigerator and range
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Grover Beach(350)
  • View: No
  • Zoning: 20
  • Architectural Style: Cottage
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 060086005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2250.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Newport front door; 3rd St. back door.
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Doors - Swing In, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 2250
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 302.22
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
  • Window Features: Double Pane Windows, Drapes, Insulated Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s)

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Pool Private: No
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Range Hood, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 121.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2020
Sold by
Draper Michael D and Draper Jessica R
Bought by
Draper Michael D and Draper Jessica R
Current Estimated Value
$910,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,300
Outstanding Balance
$430,068
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$480,423

Purchase Details

Closed on
Mar 26, 2019
Sold by
Draper Michael Dustin and Draper Jessica R
Bought by
Draper Michael D and Draper Jessica R

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 18, 2017
Sold by
Slade Cynthia Lou and Barclay Ellen Slade Revocable
Bought by
Draper Michael and Draper Jessica
Seller's Agent
Rob Feder
Century 21 Hometown Realty, San Luis Obispo Office
Buyer's Agent
Linda Fibich
Compass California, Inc.-PB
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$510,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2000
Sold by
Slade Barclay E
Bought by
Slade Barclay E and Barclay Ellen Slade Revocable
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Draper Michael D -- Placer Title Company
Draper Michael D -- Placer Title Company
Draper Michael D -- None Available
Draper Michael $680,000 First American Title Company
Slade Barclay E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draper Michael D $483,300
Closed Draper Michael $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $680,000 -2.2% $302 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $695,000 0.0% $309 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/30/2017 08/30/17 Price Changed $695,000 -4.7% $309 / Sq Ft
08/16/2017 08/16/17 For Sale $729,000 -- $324 / 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 $8,687 $773,719 $455,130 $318,589
2024 $8,618 $758,549 $446,206 $312,343
2023 $8,618 $743,676 $437,457 $306,219
2022 $8,485 $729,095 $428,880 $300,215
2021 $8,385 $714,800 $420,471 $294,329
2020 $8,290 $707,472 $416,160 $291,312
2019 $8,222 $693,600 $408,000 $285,600
2018 $8,120 $680,000 $400,000 $280,000
2017 $2,140 $183,867 $59,157 $124,710
2016 $1,994 $180,263 $57,998 $122,265
2015 $1,949 $177,556 $57,127 $120,429
2014 $1,836 $174,078 $56,008 $118,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC17188955

California Regional Multiple Listing Service (CRMLS)

APN: 060-086-005