NOT LISTED FOR SALE

Estimated Value: $546,409 - $571,000

1 Bed
1 Bath
462 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $550,000 $1,190 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,260/month

Highlights

  • Fishing
  • City Lights View
  • Hiking Trails
  • Arroyo Grande High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of June 2024

BEACH BUNGALOW AND INVESTMENT OPPORTUNITY! Just moments from the beach and the airport, this cozy single-level 1BR/1BATH home is located in the perfect spot. The home is situated on a 3000sq.ft. lot which is Zoned RMF (Residential Multiple-Family). The open floor plan of the home invites you into a great room of living room, kitchen, and dining. There is also a large inviting sunroom. The opportunities are endless for future development on this property. This could be the perfect spot to build your dream beach home, vacation rental, or multi-family development. Check with the County for the possibilities of building another unit on this lot. If you’ve been thinking of investing in a property near the coast, take advantage of all that the Central Coast has to offer – great beaches, wineries, fabulous restaurants, shopping, golfing, and great weather. Come see this hidden gem for yourself!

Last Agent to Sell the Property

Kathy Fissori

Real Broker Brokerage Phone: 805-540-4866 License #01403817 Listed on: 06/13/2024

Real Broker

Co-Listed By

Peter Joehnk

Real Broker Brokerage Phone: 805-540-4866 License #02094564

Last Buyer's Agent

Joshua Farris

Keller Williams Realty Central Coast License #01921964

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 1960

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Density is up to 1 Unit/Acre
  • Property is zoned RMF

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 462 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 2
  • Assessor Parcel Number 061082020

Community Details

Overview

  • No Home Owners Association
  • Oceano Subdivision
  • Foothills

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Zoning: RMF
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 061082020
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 462.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1190.48
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: City Lights, Peek-A-Boo
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Hiking

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689
  • Latitude Manual: 35.10198500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 122.01
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jun 21, 2024
Sold by
Vukovich Linda
Bought by
Riusaki Linda
Seller's Agent
Kathy Fissori
Real Broker
Buyer's Agent
Joshua Farris
Keller Williams Realty Central Coast
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
1
Current Estimated Value
$558,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,980
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Jan 18, 2011
Sold by
Vukovich David
Bought by
Vukovich Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2010
Sold by
The Bank Of New York Mellon
Bought by
Vukovich Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Townsend James W and Townsend Sally A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 1, 2005
Sold by
Compagnoni Patricia Mae and Mae Living Trust
Bought by
Townsend James W and Townsend Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 24, 2003
Sold by
Compagnoni Patricia
Bought by
Compagnoni Patricia Mae and Mae Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Riusaki Linda $550,000 Fidelity National Title
Vukovich Linda -- Chicago Title Company
Vukovich Linda $120,000 Chicago Title Company
The Bank Of New York Mellon $173,250 First American Title Ins Co
Townsend James W $400,000 Fidelity Title Company
Compagnoni Patricia Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vukovich Linda $65,000
Previous Owner Townsend James W $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $550,000 -4.3% $1,190 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $575,000 -- $1,245 / 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 $2,571 $561,000 $433,500 $127,500
2024 $2,534 $150,714 $125,599 $25,115
2023 $2,534 $147,760 $123,137 $24,623
2022 $2,491 $144,864 $120,723 $24,141
2021 $2,470 $142,024 $118,356 $23,668
2020 $2,435 $140,569 $117,143 $23,426
2019 $2,406 $137,814 $114,847 $22,967
2018 $2,348 $135,113 $112,596 $22,517
2017 $2,284 $132,465 $110,389 $22,076
2016 $2,163 $129,869 $108,225 $21,644
2015 $1,892 $127,919 $106,600 $21,319
2014 $1,826 $125,414 $104,512 $20,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24120915

California Regional Multiple Listing Service (CRMLS)

APN: 061-082-020