NOT LISTED FOR SALE

Estimated Value: $128,075 - $196,000

0.16 Acre
$1,026,857 Price per Acre
6,875 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $130,000

Est. 25% increase in value since last sale

Current estimated payment $999/month

103 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • 5-minute walk to Oceano Park
  • Arroyo Grande High School Rated A-

About This Lot

As of June 2024

Attention Developers, Prime Residential/Multi-Family Lot in Oceano. Located in a tranquil cul-de-sac, this mostly level parcel, just blocks from the beach and Hwy 1, presents a golden opportunity. Zoned for residential/multi-family use, this lot offers the unique prospect of constructing up to four units. To confirm the possibilities, a quick check with the County is recommended, ensuring you maximize the potential of this versatile space. Measuring approximately 55x125, with a generous 6875 sq ft footprint, the lot provides ample space for your build. A sewer and water survey for hook-ups is readily available, facilitating smooth development as per OSDC (Oceano Community Service District) regulations. Noteworthy is the convenience of two possible water hook-ups for this lot, adding to the feasibility and appeal of your envisioned project. Don't miss out

Last Agent to Sell the Property

Robert Mariani

Mariani Realty Brokerage Phone: 805-459-2324 License #01374161 Listed on: 01/24/2024

Last Buyer's Agent

Kris Nafziger

San Luis Bay Realty License #02127192

Property Details

Property Type

  • Land

Lot Details

  • 6,875 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned RMF

Additional Features

  • Views of Woods
  • Urban Location

Community Details

  • No Home Owners Association
  • Oceano Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 8
  • Assessor Parcel Number 061046012

Property Details

Property Type

Land

Lot Details

6,875 Sq Ft Lot

Listing Details

  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Zoning: RMF
  • Property Type: Land
  • Parcel Number: 061046012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.91

Exterior Features

  • View: Trees/Woods

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6875.00
  • Lot Size Acres: 0.1578
  • Latitude Manual: 35.10287200

Multi Family

  • Lot Size Area: 6875.0000 Square Feet

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 122.01
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
May 8, 2024
Sold by
Perry Joseph
Bought by
Hildreth Daniel Kyu
Seller's Agent
Robert Mariani
Mariani Realty
Buyer's Agent
Kris Nafziger
San Luis Bay Realty
List Price
$199,000
Sold Price
$130,000
Premium/Discount to List
-$69,000
-34.67%
Views
108
Current Estimated Value
$162,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,038
Avg. Annual Appreciation
13.58%
Original Mortgage
$115,000
Interest Rate
7.02%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 21, 2017
Closed on
Nov 3, 2017
Sold by
Maxwell Robert Daryl and Maxwell Dana Mia
Bought by
Perry Joseph
Seller's Agent
Twila Arritt
Compass
Buyer's Agent
Twila Arritt
Compass
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Maxwell Robert D and Maxwell Dana M
Bought by
Robert & Dana Maxwell Trust and Maxwell Dana Mia

Purchase Details

Closed on
May 4, 2004
Sold by
Rose Kevin M and Rose Keri L
Bought by
Maxwell Robert and Maxwell Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 31, 2001
Sold by
Vogtmann Kathleen C
Bought by
Rose Kevin M and Rose Keri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hildreth Daniel Kyu $130,000 Fidelity National Title
Perry Joseph $135,000 Fidelity National Title Co
Robert & Dana Maxwell Trust -- None Available
Maxwell Robert $175,000 Fidelity Title Company
Rose Kevin M $48,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hildreth Daniel Kyu $115,000
Previous Owner Maxwell Robert $140,000
Previous Owner Rose Kevin M $28,000
Closed Rose Kevin M $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $130,000 -27.8% --
06/18/2024 06/18/24 Price Changed $180,000 0.0% --
05/06/2024 05/06/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $180,000 -9.5% --
01/24/2024 01/24/24 For Sale $199,000 +47.4% --
11/30/2017 11/30/17 Sold $135,000 -2.9% -- View Prior Sale
10/30/2017 10/30/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $139,000 0.0% --
09/10/2017 09/10/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $139,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,596 $132,600 $132,600 --
2024 $1,578 $150,593 $150,593 --
2023 $1,578 $147,641 $147,641 $0
2022 $1,554 $144,747 $144,747 $0
2021 $1,629 $141,909 $141,909 $0
2020 $1,533 $140,454 $140,454 $0
2019 $1,522 $137,700 $137,700 $0
2018 $1,504 $135,000 $135,000 $0
2017 $1,676 $150,000 $150,000 $0
2016 $1,990 $185,000 $185,000 $0
2015 $1,993 $185,000 $185,000 $0
2014 $1,958 $185,000 $185,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24014953

California Regional Multiple Listing Service (CRMLS)

APN: 061-046-012

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