NOT LISTED FOR SALE

601 Cypress St Pismo Beach, CA 93449

1.2 Acres
-- Price per Acre
52,272 Sq Ft Lot

Sale Details

Date Sold: December 28, 2012

Last sale price $3,500,000

581 Days on Market

Highlights

  • Ocean View
  • 1.2 Acre Lot
  • Level Lot
  • Arroyo Grande High School Rated A-
  • No HOA
  • 3-minute walk to Pismo State Beach

About This Lot

As of December 2012

Rare coastal development opportunity in the heart of Pismo Beach. This property is currently approved for a commercial and residential development consisting of 11 luxury condominiums and 31,000 square feet of commercial retail space among six buildings separated by courtyards and walk-ways. The approved plan includes a sub-terranean garage with 118 parking spaces.

Last Agent to Sell the Property

Chris Richardson

Central Coast Sotheby's International Realty License #01200458 Listed on: 08/17/2010

Central Coast Sotheby's International Realty

Co-Listed By

Charles Richardson

Charles Richardson, Broker License #00416661

Last Buyer's Agent

Chris Richardson

Central Coast Sotheby's International Realty License #01200458 Listed on: 08/17/2010

Central Coast Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.2 Acre Lot
  • Level Lot
  • Property is zoned COMR

Property Views

  • Ocean
  • Panoramic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005201017

Property Details

Property Type

Land

Lot Details

1.2 Acres

Listing Details

  • Assessments: No
  • Possible Use Comments: Potential usage is Commerical/Industrial.
  • Zoning: COMR
  • Property Type: Land
  • Parcel Number: 005201017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 66.96

Exterior Features

  • View: Ocean, Panoramic

Utilities

  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 52272.00
  • Lot Size Acres: 1.2000

Multi Family

  • Lot Size Area: 52272.0000

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

Closed on
Dec 17, 2015
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
$21,221,000
Outstanding Balance
$16,759,736
Interest Rate
3.83%
Mortgage Type
Construction
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
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
Closed $30,000,000
Closed $26,500,000
Closed $21,221,000
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
12/28/2012 12/28/12 Sold $3,500,000 -46.2% --
03/20/2012 03/20/12 Pending -- -- --
08/17/2010 08/17/10 For Sale $6,500,000 -- --
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 $281,900 $27,066,582 $4,309,996 $22,756,586
2024 $278,625 $26,535,866 $4,225,487 $22,310,379
2023 $278,625 $26,015,556 $4,142,635 $21,872,921
2022 $274,387 $25,505,448 $4,061,407 $21,444,041
2021 $273,811 $25,005,342 $3,981,772 $21,023,570
2020 $270,664 $24,748,944 $3,940,944 $20,808,000
2019 $268,692 $24,263,671 $3,863,671 $20,400,000
2018 $143,459 $12,787,913 $3,787,913 $9,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI168874

California Regional Multiple Listing Service (CRMLS)

APN: 005-201-025

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