Steve Murphy
Century 21 Masters
(805) 706-0047
66 Total Sales
4 in Grover Beach
$750K - $1.2M Price Range
450 S 5th St Grover Beach, CA 93433
Grover Beach AreaEstimated Value: $772,383
3
Beds
2
Baths
1,202
Sq Ft
$643/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Bike Trail
- Neighborhood Views
- Laundry in Carport
- Wood Fence
About This Home
As of March 2024Here is your chance to own an income property so close to the beach! With this incredible opportunity you get 2 houses (450 and 452 S. 5th St), each home set up with its own meters, including water, for under 390k each! You’ll love the proximity to the beach while also enjoying accessibility to local downtown shops and restaurants. The front unit is a one bedroom, one bath with recent renovations and also has a one small bonus room. The back unit is a two bedroom, one bath, completely redone. Both units are separate in their layout. The charm of these two bungalows is oozing with potential and at this price, you’ll want to come quick.
Last Agent to Sell the Property
Keller Williams Realty Santa Barbara Brokerage Phone: 805-904-3444 License #01915835 Listed on: 02/08/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 5,000 Sq Ft Lot
- No Common Walls
- Wood Fence
- Front Yard
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,202 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Gas Cooktop
- Laundry in Carport
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 1 Parking Space
- 1 Carport Space
- Parking Available
- Driveway
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 7 / 129
- Assessor Parcel Number 060266014
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Grover Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- Operating Expense $1,000
- Gross Income $34,800
- Net Operating Income $33,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2024
Closed on
Feb 26, 2024
Sold by
Bought by
Seller's Agent
Jeff Landon
Keller Williams Realty Santa Barbara
Buyer's Agent
Hal Sweasey
Equity Union
List Price
$775,000
Sold Price
$810,000
Premium/Discount to List
$35,000
4.52%
Views
48
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
-$37,617
Avg. Annual Appreciation
-1.97%
Original Mortgage
$450,000
Outstanding Balance
$438,025
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$334,358
Purchase Details
Closed on
Dec 12, 2017
Sold by
Bought by
Purchase Details
Closed on
Aug 29, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 2, 2009
Sold by
Bought by
Purchase Details
Closed on
Apr 15, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grover Beach, CA
-
Steve Murphy
-
Joshua Farris
Joshua Farris
Guide Real Estate
(805) 257-1597
58 Total Sales
8 in Grover Beach
$105K - $940K Price Range
-
Erik O'Sullivan
Erik O'Sullivan
RE/MAX Success
(805) 819-5694
42 Total Sales
14 in Grover Beach
$420K - $1.1M Price Range
-
Cory Mason
Cory Mason
Home Again
(805) 519-7564
22 Total Sales
1 in Grover Beach
$1,200,000 Price
-
Hertha Wolff-Arend
Hertha Wolff-Arend
COMPASS
(805) 295-7458
29 Total Sales
3 in Grover Beach
$530K - $750K Price Range
-
Monique Garza
Monique Garza
Compass
(805) 549-4077
56 Total Sales
2 in Grover Beach
$475K - $760K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $810,000 | First American Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $275,000 | Fidelity National Title Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $450,000 | ||
| Previous Owner | $177,000 | ||
| Previous Owner | $192,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $810,000 | +4.5% | $674 / Sq Ft |
| 02/16/2024 02/16/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | For Sale | $775,000 | 0.0% | $645 / Sq Ft |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 02/08/2024 02/08/24 | For Sale | $775,000 | -- | $645 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,976 | $826,200 | $459,000 | $367,200 |
| 2024 | $3,944 | $347,176 | $265,121 | $82,055 |
| 2023 | $3,944 | $340,370 | $259,923 | $80,447 |
| 2022 | $3,883 | $333,697 | $254,827 | $78,870 |
| 2021 | $3,838 | $327,155 | $249,831 | $77,324 |
| 2020 | $3,794 | $323,802 | $247,270 | $76,532 |
| 2019 | $3,763 | $317,454 | $242,422 | $75,032 |
| 2018 | $3,716 | $311,230 | $237,669 | $73,561 |
| 2017 | $3,551 | $305,128 | $233,009 | $72,119 |
| 2016 | $3,310 | $299,146 | $228,441 | $70,705 |
| 2015 | $3,235 | $294,653 | $225,010 | $69,643 |
| 2014 | $3,047 | $288,882 | $220,603 | $68,279 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Landon
Seller's Agent in 2024
Jeff Landon
Keller Williams Realty Santa Barbara
(805) 904-3444
108 Total Sales
-
Hal Sweasey
Buyer's Agent in 2024
Hal Sweasey
Equity Union
(805) 781-3750
499 Total Sales
-
Graeme Baldwin
Buyer Co-Listing Agent in 2024
Graeme Baldwin
Equity Union
(805) 748-6768
151 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI24027921
APN: 060-266-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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