NOT LISTED FOR SALE

3435 Falling Star Ln Cayucos, CA 93430

Estimated Value: $766,951 - $876,000

40 Acres
$20,537 Price per Acre
1,742,400 Sq Ft Lot

Last Sold March 22, 2021

Last sale price $600,000 $362 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,097/month

5 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Mountainous Community
  • 40 Acre Lot
  • Hiking Trails

About This Lot

As of March 2021

Secluded 40 acre parcel with ocean and mountain views. Well and holding tank. Septic system and electricity at building site on top of ridge. Sprinkler water access available in lemon orchard. Existing structure is permitted as agricultural building and is not intended for permanent occupancy. Enjoy spectacular sunsets and amazingly clear stars at night from this quiet getaway location which is only 10 miles away from Cayucos and the beach and restaurants.

Last Agent to Sell the Property

Nadine Lilley

Highway One Real Estate License #01008171 Listed on: 03/01/2021

Last Buyer's Agent

Kathy Robertshaw

R n R Properties License #01485889

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,450

Lot Details

  • 40 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Density is 36-40 Units/Acre
  • Property is zoned agricultural

Property Views

  • Ocean
  • Canyon

Utilities

  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 046141011

Community Details

Overview

  • No Home Owners Association
  • Cayucos Rural Subdivision
  • Mountainous Community

Recreation

  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$6,450

Lot Details

0

Listing Details

  • Other Phone Description: 805 235-2565
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Not Maintained
  • Subdivision Name Other: Cayucos Rural(520)
  • View: Yes
  • Zoning: agricultural
  • Property Type: Land
  • Parcel Number: 046141011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.34

Exterior Features

  • View: Canyon, Ocean

Utilities

  • Utilities: Electricity Connected
  • Sewer: Conventional Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 1742400.00
  • Lot Size Acres: 40.0000
  • Latitude Manual: 35.48022100

Multi Family

  • Lot Size Area: 1742400.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Carlson Kenneth Neal
Bought by
Carlson Justin N
Current Estimated Value
$821,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$490,547
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$315,093

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 17, 2021
Sold by
Leyton Analia
Bought by
Carlson Justin N
Seller's Agent
Nadine Lilley
Highway One Real Estate
Buyer's Agent
Kathy Robertshaw
R n R Properties
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$520,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 10, 2021
Sold by
Burke Robert V and Boyer Kimberly M
Bought by
Carlson Justin N and Carlson Kenneth Neal
Seller's Agent
Nadine Lilley
Highway One Real Estate
Buyer's Agent
Kathy Robertshaw
R n R Properties
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2018
Sold by
Burke Robert V and Burke Kimberly M
Bought by
Burke Robert V and Burke Kimberly M

Purchase Details

Closed on
Sep 8, 2008
Sold by
Showver Lisa D
Bought by
Burke Robert V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2008
Sold by
Boyer Kimberly M
Bought by
Burke Robert V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2003
Sold by
Mccalip Edith A
Bought by
Showver Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 2002
Sold by
Mccalip Edith A
Bought by
Mccalip Edith A
Source: Public Records

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Range of Values:

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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
Carlson Justin N -- First American Title Company
Carlson Justin N -- First American Title Company
Carlson Kenneth Neal -- First American Title Company
Carlson Justin N $600,000 First American Title Company
Burke Robert V -- None Available
Burke Robert V -- None Available
Burke Robert V $750,000 First American Title Company
Burke Robert V -- First American Title Company
Showver Lisa D $390,000 Fidelity Title Company
Mccalip Edith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Justin N $532,000
Closed Carlson Justin N $520,000
Previous Owner Burke Robert V $562,500
Previous Owner Showver Lisa D $585,000
Previous Owner Showver Lisa D $400,000
Previous Owner Showver Lisa D $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $600,000 +0.8% $362 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $595,000 -- $359 / 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
2024 $6,450 $630,482 $577,942 $52,540
2023 $6,450 $618,120 $566,610 $51,510
2022 $6,342 $606,000 $555,500 $50,500
2021 $9,509 $892,261 $832,783 $59,478
2020 $9,409 $883,113 $824,244 $58,869
2019 $9,224 $865,798 $808,083 $57,715
2018 $9,043 $848,823 $792,239 $56,584
2017 $8,866 $832,180 $776,705 $55,475
2016 $8,692 $815,864 $761,476 $54,388
2015 $8,619 $803,610 $750,038 $53,572
2014 $8,312 $787,869 $735,346 $52,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21038514

California Regional Multiple Listing Service (CRMLS)

APN: 046-141-011