NOT LISTED FOR SALE

3480 Falling Star Ln Cayucos, CA 93430

Estimated Value: $1,045,000 - $1,657,000

3 Beds
2 Baths
1,594 Sq Ft
$804/Sq Ft Est. Value

Last Sold November 10, 2015

Last sale price $565,000 $354 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,262/month

23 Days on Market

Highlights

  • Attached Guest House
  • Home fronts a creek
  • Panoramic View
  • Barn
  • RV Access or Parking
  • 40 Acre Lot

About This Home

As of November 2015

This remarkable property offers the right buyer a huge opportunity to own a piece of the central coast in rural Cayucos & have ultimate privacy while living the ranch lifestyle. Jump in your 4 by 4 and head up this unpaved road that will prevent any uninvited visitors. The main home has 3 br's/ 2 baths and spectacular views. Bring your tools cause this one needs repair; mostly cosmetic however. The very large metal building will be great for storage and has a 2 bedroom apartment built inside half of the building. There are likely unpermitted improvements & buyer is advised to investigate w/County of SLO. Other structures may need to be removed as they may be unsafe. This property has so much to offer extended families, caretaker quarters, etc but there is much to be cleaned up/repaired by Buyer. Property offered in AS-IS Condition. Lot Description: Steep land. Beautiful Views.

Last Agent to Sell the Property

Sydney Liptak

Oak & Roots Real Estate Group License #01083646 Listed on: 08/17/2015

Co-Listed By

Jim Liptak

NextHome Central Coast Properties License #00821481

Last Buyer's Agent

Lynn Taylor

Lynn Taylor, Broker

Lynn Taylor, Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 40 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Steep Slope
  • Property is zoned RURL

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • Woods
  • Hills

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,594 Sq Ft Home
  • Central Vacuum
  • Double Pane Windows
  • Combination Dining and Living Room
  • Home Office
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Conventional Septic

Additional Features

  • Attached Guest House
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 046211024

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Cayucos Rural(520)
  • View: Yes
  • Zoning: RURL
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 046211024
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Living Area: 1594.00
  • Interior Amenities: Vacuum Central
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Levels: Two
  • Price Per Square Foot: 354.45
  • Room Type: Main Floor Master Bedroom, Office
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Barn(s), Guest House Attached, Shed(s), Workshop
  • View: Hills, Panoramic, Trees/Woods
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air, Propane
  • Sewer: Conventional Septic
  • Water Source: Shared Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Steep Slope
  • Lot Size Sq Ft: 1742400.00
  • Lot Size Acres: 40.0000

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Sloan Charlene A
Bought by
Azevedo Kirk J
Current Estimated Value
$1,280,927

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 14, 2015
Sold by
Azevedo Lynn Marie
Bought by
Azevedo Kirk J
Seller's Agent
Sydney Liptak
Oak & Roots Real Estate Group
Buyer's Agent
Lynn Taylor
Lynn Taylor, Broker
List Price
$509,000
Sold Price
$565,000
Premium/Discount to List
$56,000
11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$452,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2015
Closed on
Sep 22, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Azevedo Kirk J and Sloan Charlene A
Seller's Agent
Sydney Liptak
Oak & Roots Real Estate Group
Buyer's Agent
Lynn Taylor
Lynn Taylor, Broker
List Price
$509,000
Sold Price
$565,000
Premium/Discount to List
$56,000
11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
Taylor Stephen Louks
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 7, 1997
Sold by
Lesher George and Lesher Helen
Bought by
Taylor Stephen Louks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
7.45%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Azevedo Kirk J -- None Listed On Document
Azevedo Kirk J -- Servicelink Title Company
Azevedo Kirk J $565,000 Servicelink Title Company
Deutsche Bank National Trust Company $567,575 Accommodation
Taylor Stephen Louks $228,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azevedo Kirk J $452,000
Previous Owner Taylor Stephen Louks $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2015 11/10/15 Sold $565,000 +11.0% $354 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $509,000 -- $319 / 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 $6,857 $668,838 $361,055 $307,783
2024 $6,785 $655,725 $353,976 $301,749
2023 $6,785 $642,869 $347,036 $295,833
2022 $6,673 $630,265 $340,232 $290,033
2021 $6,585 $617,908 $333,561 $284,347
2020 $6,516 $611,573 $330,141 $281,432
2019 $6,388 $599,582 $323,668 $275,914
2018 $6,263 $587,826 $317,322 $270,504
2017 $6,140 $576,300 $311,100 $265,200
2016 $6,019 $565,000 $305,000 $260,000
2015 $5,204 $492,166 $265,705 $226,461
2014 $5,017 $482,526 $260,501 $222,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1058483

California Regional Multiple Listing Service (CRMLS)

APN: 046-211-024