Seller's Agent in 2018
Matthew Franklin
Franklin Real Estate & Rentals
(805) 459-4215
23 Total Sales
3140 Studio Dr Cayucos, CA 93430
Cayucos NeighborhoodEstimated Value: $3,429,508 - $3,444,000
3
Beds
3.5
Baths
3,448
Sq Ft
$997/Sq Ft
Est. Value
Highlights
- Beach Front
- Property has ocean access
- Custom Home
- White Water Ocean Views
- Ocean Side of Highway 1
- Open Floorplan
About This Home
As of July 2018Got an itch to live on the beach, play on sand, swim in the surf, or gaze at the sun setting on the ocean? Then you gotta see this home. It's by far THE BEST VALUE of any ocean front available to buy in Cayucos. It's spacious and move-in ready. The downstairs features a floor to ceiling atrium entryway, large living room with fireplace, huge kitchen with large dining area, 2 bedrooms, 2 baths, and laundry room. The upstairs features a dual stairwell entry to a large master suite with fireplace and spacious patio terrace, walk-in closet, and bathroom for two. In addition, Mother Nature designed a solid rock seawall to protect the bluff, and there's a public beach walk adjacent to the home with a stairwell to the sand that's maintained by the County. Best of all, this home was designed for the owners large family and for their extended families, and all of the heirs in this Estate wanted us to share, just how much joy and happiness this home had meant to them. Call your Realtor today, you'll be glad you did.
Last Agent to Sell the Property
Franklin Real Estate & Rentals License #01326603 Listed on: 05/02/2017
Last Buyer's Agent
Henri Pessah
I Star Properties License #01792829
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- 5,720 Sq Ft Lot
- Beach Front
- Property fronts a county road
- Rectangular Lot
- Level Lot
- Property is zoned RSF
Parking
- 1 Car Attached Garage
- 1 Open Parking Space
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Driveway
Property Views
- White Water Ocean
- Coastline
- Panoramic
- Bluff
Home Design
- Custom Home
- Cosmetic Repairs Needed
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 3,448 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Home Office
- Bonus Room
- Pull Down Stairs to Attic
- Laundry Room
Kitchen
- Open to Family Room
- Walk-In Pantry
- Electric Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Tile Bathroom Countertop
- Soaking Tub
- Separate Shower
Accessible Home Design
- Grab Bar In Bathroom
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
- Deck
- Open Patio
- Rain Gutters
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 064417018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2017
Closed on
Jun 20, 2018
Sold by
Gulmert Katherine S and The Gulmert 2003 Revocable Liv
Bought by
Pessah Roger and Pessah Laura
Seller's Agent
Matthew Franklin
Franklin Real Estate & Rentals
Buyer's Agent
Henri Pessah
I Star Properties
List Price
$2,750,000
Sold Price
$2,500,000
Premium/Discount to List
-$250,000
-9.09%
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
$936,754
Avg. Annual Appreciation
4.36%
Original Mortgage
$2,500,000
Outstanding Balance
$2,162,081
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,274,673
Purchase Details
Closed on
Sep 15, 2003
Sold by
Gulmert Gustav A and Gulmert Beverly Neil
Bought by
Gulmert Gustav A and The Gulmert 2003 Revocable Liv
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2003
Sold by
Gulmert Gustav A and Gulmert Beverly Neil
Bought by
Gulmert Gustav A and Gulmert Beverly Neil
Purchase Details
Closed on
Jun 29, 2003
Sold by
Gulmert Gustav A and Gulmert Beverly Neil
Bought by
Gulmert Gustav A and The Gulmert 2003 Revocable Liv
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pessah Roger | $2,500,000 | First American Title Co | |
| Gulmert Gustav A | -- | Fidelity Title Company | |
| Gulmert Gustav A | -- | Fidelity Title Company | |
| Gulmert Gustav A | -- | -- | |
| Gulmert Gustav A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pessah Roger | $2,500,000 | |
| Previous Owner | Gulmert Gustav A | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2018 07/20/18 | Sold | $2,500,000 | -9.1% | $725 / Sq Ft |
| 06/11/2018 06/11/18 | Pending | -- | -- | -- |
| 02/15/2018 02/15/18 | For Sale | $2,750,000 | 0.0% | $798 / Sq Ft |
| 01/10/2018 01/10/18 | Pending | -- | -- | -- |
| 12/23/2017 12/23/17 | Price Changed | $2,750,000 | -6.8% | $798 / Sq Ft |
| 11/01/2017 11/01/17 | Price Changed | $2,950,000 | -15.1% | $856 / Sq Ft |
| 10/23/2017 10/23/17 | Price Changed | $3,475,000 | -7.3% | $1,008 / Sq Ft |
| 10/03/2017 10/03/17 | Price Changed | $3,750,000 | -6.0% | $1,088 / Sq Ft |
| 07/27/2017 07/27/17 | Price Changed | $3,990,000 | -14.2% | $1,157 / Sq Ft |
| 06/19/2017 06/19/17 | Price Changed | $4,650,000 | -5.1% | $1,349 / Sq Ft |
| 05/02/2017 05/02/17 | For Sale | $4,900,000 | -- | $1,421 / 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 |
|---|---|---|---|---|
| 2025 | $28,727 | $2,788,792 | $2,063,707 | $725,085 |
| 2024 | $28,424 | $2,734,111 | $2,023,243 | $710,868 |
| 2023 | $28,424 | $2,680,502 | $1,983,572 | $696,930 |
| 2022 | $27,951 | $2,627,944 | $1,944,679 | $683,265 |
| 2021 | $27,577 | $2,576,417 | $1,906,549 | $669,868 |
| 2020 | $27,284 | $2,550,000 | $1,887,000 | $663,000 |
| 2019 | $26,749 | $2,500,000 | $1,850,000 | $650,000 |
| 2018 | $8,505 | $706,297 | $370,077 | $336,220 |
| 2017 | $43,172 | $4,000,000 | $3,100,000 | $900,000 |
| 2016 | $7,455 | $678,872 | $355,707 | $323,165 |
| 2015 | $7,963 | $668,675 | $350,364 | $318,311 |
| 2014 | $7,078 | $655,577 | $343,501 | $312,076 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Franklin
-
Jack Franklin
Seller Co-Listing Agent in 2018
Jack Franklin
Franklin Real Estate & Rentals
(805) 459-3055
1 in this area
11 Total Sales
-
H
Buyer's Agent in 2018
Henri Pessah
I Star Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC17095752
APN: 064-417-018
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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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