Seller's Agent in 2020
Farid Shahid
Eighty20 Group
(818) 961-6508
68 Total Sales
690 S Ocean Ave Cayucos, CA 93430
Cayucos NeighborhoodEstimated Value: $1,430,781 - $1,916,000
3
Beds
3
Baths
1,823
Sq Ft
$898/Sq Ft
Est. Value
Highlights
- Ocean View
- Main Floor Primary Bedroom
- High Ceiling
- Midcentury Modern Architecture
- Loft
- 5-minute walk to Paul Andrew Park
About This Home
As of May 2020Two Units. 690 S. Ocean is truly a unique and one of a kind property located in the heart of Cayucos. This home is just one block north of beach access along Pacific Avenue and steps from the quaint Downtown. From the second story deck are commanding views of the Pacific Ocean, the Cayucos coastline, and the city. Architecturally chic and rich with nautical inspired interior elements, it would be impossible to recreate the authenticity, character, and history of this mid-century work of art. The forty by one-hundred foot lot is mostly flat and commercially zoned as Office-Professional. This two-unit property is currently permitted as a 1 Unit Hotel with an attached Owner/Caretaker unit to the right. The current owners reside in the smaller unit and operate a short-term vacation rental business out of the main residence. For over ten-years this property has been enjoyed by numerous guests from around the world, and rated five-stars with 390 reviews. The main residence consists of two bedrooms, a full kitchen, loft sleeping area, living/dining room, open concept den, and balcony. The secondary unit is a one-bedroom with full bath, an open-concept living/dining with full kitchen, and a roof deck with spa and semi-enclosed lounge. There are multiple outdoor spaces with separate hot-tubs and seating areas for each unit to enjoy. This home is perfect for those seeking a genuine piece of Cayucos history with the ability to produce substantial long-term income.
Home Details
Home Type
- Single Family
Year Built
- Built in 1960 | Remodeled
Lot Details
- 4,000 Sq Ft Lot
- Rectangular Lot
- Level Lot
- Property is zoned OP
Property Views
- Ocean
- Coastline
- Views of a pier
- Panoramic
- Neighborhood
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Bungalow
- Additions or Alterations
- Barrel Roof Shape
- Raised Foundation
- Slab Foundation
- Metal Roof
Interior Spaces
- 1,823 Sq Ft Home
- 2-Story Property
- Crown Molding
- Beamed Ceilings
- High Ceiling
- Free Standing Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Den
- Loft
- Bonus Room
- Concrete Flooring
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
Parking
- Parking Available
- Gravel Driveway
- Paved Parking
Outdoor Features
- Balcony
- Shed
Location
- Urban Location
Utilities
- Zoned Heating
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 4 / 9
- Assessor Parcel Number 064145036
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2019
Closed on
Apr 13, 2020
Sold by
Keith Michael Anthony and Keith Jenneke
Bought by
Frankiel Lisa S
Seller's Agent
Farid Shahid
Eighty20 Group
Buyer's Agent
Gail Riley
Dale Kaiser Real Estate
List Price
$1,200,000
Sold Price
$1,040,000
Premium/Discount to List
-$160,000
-13.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,695
Avg. Annual Appreciation
8.40%
Original Mortgage
$690,000
Outstanding Balance
$610,095
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,026,600
Purchase Details
Closed on
Feb 12, 2005
Sold by
Michie Doug
Bought by
Jenneke Keith Michael Anthony and Jenneke Keith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 1999
Sold by
Caruso Neal and Wurtz Beverly
Bought by
Michie Douglas C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,764
Interest Rate
7.68%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 9, 1999
Sold by
Michie Kathleen
Bought by
Michie Douglas C
Purchase Details
Closed on
Jul 17, 1998
Sold by
Caruso Neal S and Wurtz Caruso Beverly
Bought by
Michie Douglas C
Purchase Details
Closed on
Jul 15, 1998
Sold by
Michie Douglas C
Bought by
Caruso Neal S and Wurtz Caruso Beverly
Purchase Details
Closed on
Dec 4, 1997
Sold by
Michie Douglas C
Bought by
Michie Douglas C
Purchase Details
Closed on
Jul 7, 1997
Sold by
Michie Rose M
Bought by
Michie Douglas C
Purchase Details
Closed on
Jan 23, 1996
Sold by
Michie Douglas C and Michie Rose Marie
Bought by
Wurtz Caruso Neal and Wurtz Caruso Beverly
Purchase Details
Closed on
Aug 28, 1995
Sold by
Caruso Neal S and Wurtz Caruso Beverly
Bought by
Caruso Neal S and Wurtz Caruso Beverly
Purchase Details
Closed on
Sep 28, 1994
Sold by
Weir Family Trust
Bought by
Michie Douglas C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frankiel Lisa S | $1,040,000 | First American Title Company | |
| Jenneke Keith Michael Anthony | $499,000 | Chicago Title Company | |
| Michie Douglas C | $80,000 | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | $35,000 | -- | |
| Caruso Neal S | $35,000 | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- | |
| Wurtz Caruso Neal | -- | -- | |
| Michie Douglas C | -- | -- | |
| Caruso Neal S | -- | -- | |
| Michie Douglas C | -- | -- | |
| Michie Douglas C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frankiel Lisa S | $690,000 | |
| Previous Owner | Jenneke Keith Michael Anthony | $275,000 | |
| Previous Owner | Michie Douglas C | $33,764 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2020 05/21/20 | Sold | $1,040,000 | -13.3% | $570 / Sq Ft |
| 10/10/2019 10/10/19 | For Sale | $1,200,000 | -- | $658 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,798 | $1,137,388 | $820,233 | $317,155 |
| 2024 | $11,671 | $1,115,087 | $804,150 | $310,937 |
| 2023 | $11,671 | $1,093,224 | $788,383 | $304,841 |
| 2022 | $11,475 | $1,071,789 | $772,925 | $298,864 |
| 2021 | $11,317 | $1,050,774 | $757,770 | $293,004 |
| 2020 | $7,612 | $710,471 | $509,817 | $200,654 |
| 2019 | $7,461 | $696,541 | $499,821 | $196,720 |
| 2018 | $7,313 | $682,884 | $490,021 | $192,863 |
| 2017 | $6,585 | $615,000 | $440,000 | $175,000 |
| 2016 | $6,583 | $615,000 | $440,000 | $175,000 |
| 2015 | $6,034 | $560,000 | $400,000 | $160,000 |
| 2014 | $5,936 | $560,000 | $400,000 | $160,000 |
Source: Public Records
Agents Affiliated with this Home
-
Farid Shahid
-
Walker Sotello
Seller Co-Listing Agent in 2020
Walker Sotello
Eighty20 Group
(805) 781-6040
52 Total Sales
-
Gail Riley
Buyer's Agent in 2020
Gail Riley
Dale Kaiser Real Estate
(805) 776-3072
86 in this area
127 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP19240434
APN: 064-145-036
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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