NOT LISTED FOR SALE

521 Binscarth Rd Los Osos, CA 93402

Estimated Value: $90,694 - $378,000

0.11 Acre
$1,449,686 Price per Acre
5,000 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $79,500

Est. 109% increase in value since last sale

Current estimated payment $977/month

263 Days on Market

Highlights

  • Golf Course Community
  • Bay View
  • Hiking Trails
  • Monarch Grove Elementary School Rated A
  • No HOA
  • Park

About This Lot

As of March 2023

Its time to invest in this affordable Coastal Home Site that is # 46 on the water list! This Large level 50x100 foot lot located in Cuesta-by-the-Sea in the beautiful town of Los Osos. It is located only three blocks from the bay and just a short walk to the Sea Pines Golf Course, Sweet Springs, Baywood Park and the Elfin Forest. Montana de Oro State Park and Morro Bay are just a short 10 minute drive. Los Osos is currently under a Building Moratorium!
Contact the San Luis Obispo County Building Department for the current building restrictions. https://www.slocounty.ca.gov/LosOsosPan-1.aspx

Last Agent to Sell the Property

Leon Van Beurden

Bay Osos Brokers License #00646313 Listed on: 06/06/2022

Last Buyer's Agent

Simon Van Beurden

Bay Osos Brokers License #01909180

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,140

Lot Details

  • 5,000 Sq Ft Lot
  • Property fronts a county road
  • Density is up to 1 Unit/Acre
  • Property is zoned RSF

Property Views

  • Bay Views

Utilities

  • Source of electricity is unknown
  • Private Water Source
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 50 / 28
  • Assessor Parcel Number 074111023

Community Details

Overview

  • No Home Owners Association
  • Cuesta By The Sea Subdivision

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$1,140

Lot Details

0

Listing Details

  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Cuesta by the Sea(590)
  • View: Yes
  • Zoning: RSF
  • Property Type: Land
  • Parcel Number: 074111023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 15.90

Exterior Features

  • View: Bay

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Electricity - Unknown
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lot Size Area: 5000.0000 Square Feet

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 107.07
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Mar 1, 2023
Sold by
James And Suzanne Humphrey Family Trust
Bought by
Piper Family Revocable Trust
Seller's Agent
Leon Van Beurden
Bay Osos Brokers
Buyer's Agent
Simon Van Beurden
Bay Osos Brokers
List Price
$85,000
Sold Price
$79,500
Premium/Discount to List
-$5,500
-6.47%
Views
167
Current Estimated Value
$166,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,924
Avg. Annual Appreciation
33.30%

Purchase Details

Closed on
Nov 14, 2017
Sold by
Humphrey James M and Humphrey Suzanne M
Bought by
Humphrey James M and Humphrey Suzanne M

Purchase Details

Listed on
Sep 16, 2014
Closed on
Jan 13, 2015
Sold by
Martin Suzanne C and Martin Exemption Trust B
Bought by
Humphrey James Michael and Humphrey Suzanne M
Seller's Agent
John Saurwein
Bay Osos Brokers
Buyer's Agent
John Saurwein
Bay Osos Brokers
List Price
$58,500
Sold Price
$40,000
Premium/Discount to List
-$18,500
-31.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%

Purchase Details

Closed on
Jun 12, 2013
Sold by
Yoshimoto Earl H
Bought by
Yoshimoto Earl H and The Earl H Yoshimoto Separate

Purchase Details

Closed on
Oct 19, 2003
Sold by
Martin Suzanne C and The Barry C & Suzanne C Martin
Bought by
Martin Suzanne C and The Martin Exemption Trust B

Purchase Details

Closed on
May 22, 2001
Sold by
Martin Barry and Martin Suzanne C
Bought by
Martin Barry C and Martin Suzanne C

Purchase Details

Closed on
Aug 2, 1999
Sold by
Simpson Winchell H and Simpson Family Trust
Bought by
Martin Barry and Martin Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
7.66%
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
Piper Family Revocable Trust $79,500 First American Title
Humphrey James M -- None Available
Humphrey James M -- None Available
Humphrey James Michael $40,000 First American Title Company
Yoshimoto Earl H -- None Available
Martin Suzanne C -- --
Martin Barry C -- --
Martin Barry $42,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Barry $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $79,500 -6.5% --
02/24/2023 02/24/23 Pending -- -- --
06/06/2022 06/06/22 For Sale $85,000 +112.5% --
01/22/2015 01/22/15 Sold $40,000 -31.6% -- View Prior Sale
12/23/2014 12/23/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $58,500 -- --
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 $1,140 $82,711 $82,711 --
2024 $756 $81,090 $81,090 --
2023 $756 $46,204 $46,204 $0
2022 $721 $45,299 $45,299 $0
2021 $713 $44,411 $44,411 $0
2020 $708 $43,956 $43,956 $0
2019 $702 $43,095 $43,095 $0
2018 $723 $42,250 $42,250 $0
2017 $713 $41,422 $41,422 $0
2016 $704 $40,610 $40,610 $0
2015 $845 $53,703 $53,703 $0
2014 $791 $52,652 $52,652 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22121073

California Regional Multiple Listing Service (CRMLS)

APN: 074-111-023