NOT LISTED FOR SALE

543 Lucerne Rd Unit 1 Cayucos, CA 93430

Cayucos Neighborhood

Estimated Value: $1,275,000 - $1,917,000

2 Beds
2 Baths
1,327 Sq Ft
$300/mo HOA Fee

Last Sold February 08, 2021

Last sale price $1,300,000 $980 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,209/month

94 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Updated Kitchen
  • Wood Flooring
  • Granite Countertops

About This Home

As of February 2021

Rare opportunity to be on the Ocean. These properties are seldom available. Gorgeous 2 bedroom 2 bath with open plan kitchen, with a fabulous oversized island with bar counter and plenty seating, plus a built in breakfast nook. The living room is spacious with huge picture windows and sliding doors leading out onto your own private brick patio. This is the perfect place to unwind and enjoy the gorgeous views as well as the famous Morro Bay Rock. The hall bath has been upgraded and has a large step in tile shower. The master bedroom has built-ins in the closet, and the bathroom has a tub/shower combination. Indoor laundry and a one car garage plus an additional parking bay. Walk to the quaint downtown of Cayucos and enjoy local restaurants and fabulous beaches. This is a must see.

Last Listed By

Michele Smith

eXp Realty of California, Inc. License #01143667 Listed on: 08/31/2020

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,408

Year Built

  • Built in 1980

Lot Details

  • 1 Common Wall
  • Landscaped
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Bluff

Home Design

  • Planned Development
  • Permanent Foundation
  • Cement Siding

Interior Spaces

  • 1,327 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 621
  • Assessor Parcel Number 064282001

Community Details

Overview

  • Master Insurance
  • 6 Units
  • Bluff Homeowners Assoc. Association, Phone Number (408) 234-7851
  • John Skeath HOA
  • Town Of Cayucos Subdivision
  • Maintained Community

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,408

Year Built

Built in 1980

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: RMF
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 064282001
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1327.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 979.65
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Permanent
  • View: Bluff, City Lights, Coastline, Ocean
  • Fence: No
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Spa: No
  • Construction Materials: Cement Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Bluff Homeowners Assoc.
  • Phone: 408-234-7851
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: John Skeath

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 1228.00
  • Lot Size Acres: 0.0282

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1228.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.04
  • Tax Lot: 1
  • Tax Tract Number: 621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Jan 20, 2021
Sold by
Winingham Donna and The Donna Winingham Trust
Bought by
Ninnis R Michael and R Michael Ninnis Separate Prop
Seller's Agent
Michele Smith
eXp Realty of California, Inc.
Buyer's Agent
Dale Kaiser
Dale Kaiser Real Estate
List Price
$1,679,000
Sold Price
$1,300,000
Premium/Discount to List
-$379,000
-22.57%
Total Days on Market
94
Current Estimated Value
$1,570,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,583
Avg. Annual Appreciation
4.56%
Original Mortgage
$230,000
Outstanding Balance
$207,716
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,362,867

Purchase Details

Closed on
Jan 21, 2003
Sold by
Winingham Donna
Bought by
Winingham Donna

Purchase Details

Closed on
Sep 30, 2002
Sold by
Mason John S and Mason Marty L
Bought by
Winingham Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
6.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 4, 2002
Sold by
Mason John S and Mason Marty L
Bought by
Mason John S and Mason Marty L

Purchase Details

Closed on
Aug 26, 1999
Sold by
Bollinger Bonnie Y
Bought by
Mason Jason S and Mason Marty L

Purchase Details

Closed on
Jun 21, 1999
Sold by
Bullinger Bonnie Yetive
Bought by
Bullinger Bonnie Y

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
Ninnis R Michael $1,300,000 First American Title Company
Winingham Donna -- --
Winingham Donna $775,000 First American Title Company
Mason John S -- --
Mason Jason S $480,000 First American Title
Bullinger Bonnie Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ninnis R Michael $230,000
Previous Owner Winingham Donna $625,000
Previous Owner Winingham Donna $542,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $1,300,000 -18.5% $980 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
09/19/2020 09/19/20 Price Changed $1,595,000 -5.0% $1,202 / Sq Ft
08/31/2020 08/31/20 For Sale $1,679,000 -- $1,265 / 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 $14,408 $1,379,570 $1,114,268 $265,302
2023 $14,408 $1,352,520 $1,092,420 $260,100
2022 $14,166 $1,326,000 $1,071,000 $255,000
2021 $11,215 $1,041,211 $869,720 $171,491
2020 $11,096 $1,030,536 $860,803 $169,733
2019 $10,879 $1,010,330 $843,925 $166,405
2018 $10,665 $990,521 $827,378 $163,143
2017 $10,454 $971,100 $811,155 $159,945
2016 $10,248 $952,059 $795,250 $156,809
2015 $10,161 $937,759 $783,305 $154,454
2014 $9,802 $919,391 $767,962 $151,429
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20180127

California Regional Multiple Listing Service (CRMLS)

APN: 064-282-001