NOT LISTED FOR SALE

77 N Ocean Ave Unit 5 Cayucos, CA 93430

Cayucos Neighborhood

Estimated Value: $984,212 - $1,384,000

2 Beds
2 Baths
938 Sq Ft
$500/mo HOA Fee

Last Sold October 28, 2020

Last sale price $835,000 $890 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,085/month

187 Days on Market

Highlights

  • Beach Front
  • Fishing
  • Covered Patio or Porch
  • White Water Ocean Views
  • Open Floorplan
  • 2-minute walk to Cayucos State Beach

About This Home

As of October 2020

Rare opportunity to own a Cayucos Oceanfront condo. Unobstructed panoramic views scan from Morro Rock to the end of the Cayucos Pier. Prime Old Town location, easy access to shops, restaurants and steps from the sand. Entry level has 2 bedrooms and 1 bath. Upstairs you'll find the kitchen which opens to dining & living areas, another bathroom and washer/dryer closet. Large sliding doors open out to the patio and breathtaking views. You could not find a better place to watch the fireworks on the 4th of July! This home is the ultimate vacation rental and qualifies for a vacation rental license. A must see! See 3D Virtual Tour.

Last Agent to Sell the Property

Kristie Barry

Central Coast Sotheby's International Realty Brokerage Phone: 805-903-2075 License #02085770 Listed on: 03/09/2020

Central Coast Sotheby's International Realty

Co-Listed By

Michelle Braunschweig

Central Coast Sotheby's International Realty Brokerage Phone: 805-903-2075 License #01736789

Last Buyer's Agent

Donelle DuFault

A List Properties License #01909028

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • Beach Front
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier

Home Design

  • Slab Foundation

Interior Spaces

  • 938 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Partially Furnished
  • Bar
  • Ceiling Fan
  • Living Room Balcony

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Parking Available
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 497
  • Assessor Parcel Number 064116015

Community Details

Overview

  • Master Insurance
  • 12 Units
  • Cayucos Beach Villas Association, Phone Number (530) 587-4500
  • Town Of Cayucos Subdivision
  • Maintained Community

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Some furniture- ask listing agent
  • Property Attached: Yes
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: CR
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 064116015
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 938.00 Square Feet
  • Interior Amenities: Bar, Ceiling Fan(s), Living Room Balcony, Open Floorplan, Partially Furnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 890.19
  • Room Type: All Bedrooms Down, Kitchen
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Coastline, Ocean, Pier, White Water
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Guest

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Cayucos Beach Villas
  • Phone: 530.587.4500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Fishing, Watersports, Sidewalks
  • Association Management: Cayucos Beach Villas

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 938.00
  • Lot Size Acres: 0.0215

Multi Family

  • Lease Considered: No
  • Lot Size Area: 938.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Census Tract: 105.04
  • Tax Lot: 1
  • Tax Tract Number: 497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Oct 28, 2020
Bought by
Smelser Family Trust
Seller's Agent
Kristie Barry
Central Coast Sotheby's International Realty
Buyer's Agent
Donelle DuFault
A List Properties
List Price
$989,000
Sold Price
$835,000
Premium/Discount to List
-$154,000
-15.57%
Current Estimated Value
$1,117,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,053
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
Mar 9, 2020
Closed on
Sep 30, 2020
Bought by
Smelser Family Trust
Seller's Agent
Kristie Barry
Central Coast Sotheby's International Realty
Buyer's Agent
Donelle DuFault
A List Properties
List Price
$989,000
Sold Price
$835,000
Premium/Discount to List
-$154,000
-15.57%

Purchase Details

Closed on
Aug 4, 2005
Sold by
Smelser Scott and Smelser Julie
Bought by
Smelser Scott R and Smelser Julie Nakao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Acosta Suzanne Delynn and Schaub Stacey Jane
Bought by
Smelser Scott and Smelser Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 2005
Sold by
Bothwell Diana M
Bought by
Schaub Stacey Jane and Acosta Suzanne Delynn

Purchase Details

Closed on
Mar 24, 2003
Sold by
Bothwell Darrell
Bought by
Bothwell Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smelser Family Trust -- --
Smelser Family Trust -- --
Smelser Scott R -- Public
Smelser Scott $725,000 First American Title Co
Schaub Stacey Jane -- --
Bothwell Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smelser Scott $507,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $835,000 -1.6% $890 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $849,000 -8.6% $905 / Sq Ft
08/13/2020 08/13/20 Price Changed $929,000 -6.1% $990 / Sq Ft
08/12/2020 08/12/20 For Sale $989,000 +18.4% $1,054 / Sq Ft
07/21/2020 07/21/20 Off Market $835,000 -- --
07/21/2020 07/21/20 For Sale $989,000 +18.4% $1,054 / Sq Ft
06/25/2020 06/25/20 Off Market $835,000 -- --
06/12/2020 06/12/20 For Sale $989,000 +18.4% $1,054 / Sq Ft
05/13/2020 05/13/20 Off Market $835,000 -- --
03/09/2020 03/09/20 For Sale $989,000 -- $1,054 / Sq Ft
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 $9,403 $903,830 $719,817 $184,013
2024 $9,302 $886,108 $705,703 $180,405
2023 $9,302 $868,734 $691,866 $176,868
2022 $9,145 $851,700 $678,300 $173,400
2021 $9,017 $835,000 $665,000 $170,000
2020 $8,715 $807,000 $670,000 $137,000
2019 $8,712 $807,000 $670,000 $137,000
2018 $8,709 $807,000 $670,000 $137,000
2017 $8,705 $807,000 $670,000 $137,000
2016 $7,616 $705,000 $585,000 $120,000
2015 $7,664 $705,000 $585,000 $120,000
2014 $7,213 $674,000 $560,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20050334

California Regional Multiple Listing Service (CRMLS)

APN: 064-116-015

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