NOT LISTED FOR SALE

605 Myrtle St Arroyo Grande, CA 93420

Estimated Value: $1,045,300 - $1,470,000

4 Beds
3 Baths
1,782 Sq Ft
$699/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $975,000 $547 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,697/month

172 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Corner Lot
  • Ocean View Elementary School Rated A-
  • Main Floor Bedroom
  • Private Yard

About This Home

As of December 2020

Charming and Immaculate duplex located in the Heart of the Historic Village of Arroyo Grande, live in one side and rent out the other! The main home features an open floor plan with spacious living room w/tall ceilings, wood burning fireplace, crown molding, and original wood floors. Bright and cherry kitchen with newer stainless steel appliances, large pantry and dining area. There is also a sun room off the kitchen that could be an office, sitting room or?? The master bedroom and bathroom are located on the main level as well as the indoor laundry and another 3/4 bathroom.Upstairs you will find 3 more bedrooms. Step out onto your newer redwood deck into the magical backyard complete with kids custom built tree house with slide. There is plenty of room for entertaining, BBQing, kids, pets and gardening. There is a custom built shed that stores the water softener and yard tools and has storage in the attic.In addition, there is an oversized single car garage/shop which is 14 x 26 and has attic storage as well. But wait, there's more...there is room to park two RV's each with hookups. Adjoining apartment is remodeled and features living room with bay window, one bedroom,and updated bathroom and kitchen. Other features include paid for solar, double wall construction between the two units, and fruit trees. This is a must see!! Built in 1887, there is charm and character throughout.

Last Agent to Sell the Property

Jennifer Leininger

Century 21 Masters-Arroyo Grande License #01187424 Listed on: 04/28/2020

Century 21 Masters-Arroyo Grande

Co-Listed By

Sheila Hardy

Century 21 Masters-Arroyo Grande License #01136266

Last Buyer's Agent

Scott Nichols

Century 21 Masters-Arroyo Grande License #01838992

Century 21 Masters-Arroyo Grande

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,917

Year Built

  • Built in 1887

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in excellent condition
  • Corner Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Side Facing Garage
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

  • Duplex
  • Raised Foundation
  • Stone Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,782 Sq Ft Home
  • Crown Molding
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Storage
  • Laundry Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 007511017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,917

Year Built

Built in 1887

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: VR
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 007511017
  • Year Built: 1887
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1782.00 Square Feet
  • Interior Amenities: Crown Molding, Pantry, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 547.14
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Workshop
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Foundation: Raised, Stone
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, Wood
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking Features: Driveway, Garage, Garage Faces Side, RV Access/Parking, Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 118.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Gillespie Jenna C
Bought by
Gillespie Jesse R
Current Estimated Value
$1,245,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,500
Outstanding Balance
$855,548
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$228,976

Purchase Details

Closed on
Mar 11, 2024
Sold by
Gillespie Family Trust
Bought by
Gillespie Jesse R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,500
Outstanding Balance
$855,548
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$228,976

Purchase Details

Listed on
Apr 28, 2020
Closed on
Oct 29, 2020
Sold by
Lokkart Eric and Lokkart Natalie
Bought by
Gillespie Robert W and Gillespie Lori A
Seller's Agent
Jennifer Leininger
Century 21 Masters-Arroyo Grande
Buyer's Agent
Scott Nichols
Century 21 Masters-Arroyo Grande
List Price
$979,000
Sold Price
$975,000
Premium/Discount to List
-$4,000
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Jul 1, 2020
Sold by
Lokkart Eric H
Bought by
Lokkart Eric and Lokkart Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2012
Closed on
Dec 3, 2012
Sold by
Africa Kenneth C and Africa Rae Gene
Bought by
Lokkart Eric H
Seller's Agent
Vincent Allan
Allan Real Estate Investments
Buyer's Agent
Jack Hardy
Century 21 Masters-Arroyo Grande
List Price
$385,000
Sold Price
$362,000
Premium/Discount to List
-$23,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$307,700
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Africa Rae Gene
Bought by
Africa Rae Gene and Africa Kenneth C
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
Gillespie Jesse R -- Fidelity National Title
Gillespie Jesse R -- None Listed On Document
Gillespie Robert W $975,000 Fidelity National Title Co
Lokkart Eric -- Fidelity National Title Co
Lokkart Eric H $362,000 Fidelity National Title Co
Africa Rae Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Jesse R $864,500
Previous Owner Lokkart Eric $626,500
Previous Owner Lokkart Eric H $307,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $975,000 0.0% $547 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
05/29/2020 05/29/20 Off Market $975,000 -- --
05/14/2020 05/14/20 Price Changed $949,000 -3.1% $533 / Sq Ft
04/28/2020 04/28/20 For Sale $979,000 +170.4% $549 / Sq Ft
01/04/2013 01/04/13 Sold $362,000 -6.0% $203 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $385,000 -- $216 / 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 $10,917 $1,058,075 $596,523 $461,552
2024 $10,792 $1,034,677 $583,664 $451,013
2023 $10,792 $1,014,390 $572,220 $442,170
2022 $10,629 $994,500 $561,000 $433,500
2021 $10,608 $975,000 $550,000 $425,000
2020 $4,495 $420,591 $225,195 $195,396
2019 $4,461 $412,345 $220,780 $191,565
2018 $4,406 $404,260 $216,451 $187,809
2017 $4,331 $396,334 $212,207 $184,127
2016 $4,026 $382,564 $208,047 $174,517
2015 $3,928 $370,908 $204,922 $165,986
2014 $3,784 $363,643 $200,908 $162,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20080117

California Regional Multiple Listing Service (CRMLS)

APN: 007-511-017