NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,194,000

2 Beds
1 Bath
1,093 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $530,500 $485 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $6,561/month

139 Days on Market

Highlights

  • Attached Guest House
  • Wood Burning Stove
  • Skylights
  • Maid or Guest Quarters
  • No HOA
  • Views

About This Home

As of June 2016

A great opportunity to own a home in the quaint town of Cayucos. 1.5 blocks to Pacific St., which has public access to the sandy beach and ocean. 2 bedroom 1 bath home, spacious living room with wood stove, ample kitchen and utility room, bedrooms are nice size. Charming separate guest quarters, 1 bedroom, living room features wood floors, apt size kitchen and bath.

Last Agent to Sell the Property

Joann Outland

Outland and Associates Real Estate License #00646902 Listed on: 02/12/2016

Outland and Associates Real Estate

Co-Listed By

James Outland

Outland and Associates Real Estate License #01314390

Last Buyer's Agent

Elissa Williams

RE/MAX Success License #00673556

RE/MAX Success

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,502

Year Built

  • Built in 1954

Lot Details

  • 3,999 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Parking Available

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,093 Sq Ft Home
  • Skylights
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Gas Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters
  • 1 Full Bathroom

Additional Features

  • Attached Guest House
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 064153007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,502

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Subdivision Name Other: Town of Cayucos
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 064153007
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1093.00
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Living Room, Wood Stove Insert
  • Levels: One
  • Price Per Square Foot: 485.36
  • Room Type: Guest/Maid's Quarters, Living Room, Master Bedroom
  • Window Features: Skylight(s)

Exterior Features

  • Foundation: Slab
  • Other Structures: Guest House Attached
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle

Garage/Parking

  • Parking: Yes

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Cooking
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 3999.00
  • Lot Size Acres: 0.0920

Multi Family

  • Lot Size Area: 3999.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2017
Sold by
Smith Michele L
Bought by
Smith Justin Thomas and Smith Mattie Fae
Current Estimated Value
$1,135,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,500
Outstanding Balance
$454,482
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$680,851

Purchase Details

Closed on
Nov 11, 2016
Sold by
Smith Justin Thomas and Smith Mattie Fae
Bought by
Smith Justin Thomas and Smith Mattie Fae

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jun 10, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Smith Justin Thomas and Smith Mattie Fae
Seller's Agent
Joann Outland
Outland and Associates Real Estate
Buyer's Agent
Elissa Williams
RE/MAX Success
List Price
$522,500
Sold Price
$530,500
Premium/Discount to List
$8,000
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$507,732
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2015
Sold by
Schofield Ada J
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 27, 2009
Sold by
Schofield Ada J
Bought by
Schofield Ada J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
5.17%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Schofield Ada J
Bought by
Schofield Ada J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,413
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 1999
Sold by
Schofield Ada J
Bought by
Schofield Ada J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 1999
Sold by
Bonnier Lisen
Bought by
Schofield Ada J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.63%
Mortgage Type
Commercial
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
Smith Justin Thomas -- Placer Title Company
Smith Justin Thomas -- None Available
Smith Justin Thomas $530,500 Fidelity National Title Co
The Secretary Of Housing & Urban Develop $685,610 Pacific Coast Title
Schofield Ada J -- Accommodation
Schofield Ada J -- Fidelity National Title Co
Schofield Ada J -- Cuesta Title Company
Schofield Ada J -- Cuesta Title Company
Schofield Ada J -- --
Schofield Ada J $240,000 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Justin Thomas $546,500
Closed Smith Justin Thomas $507,732
Previous Owner Schofield Ada J $915,000
Previous Owner Schofield Ada J $392,413
Previous Owner Schofield Ada J $180,000
Closed Schofield Ada J $392,413
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $530,500 +1.5% $485 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $522,500 0.0% $478 / Sq Ft
02/12/2016 02/12/16 Price Changed $522,500 -5.0% $478 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
12/24/2015 12/24/15 For Sale $550,000 0.0% $503 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $550,000 0.0% $503 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $550,000 -- $503 / 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 $6,502 $627,996 $562,300 $65,696
2024 $6,429 $615,683 $551,275 $64,408
2023 $6,429 $603,612 $540,466 $63,146
2022 $6,319 $591,777 $529,869 $61,908
2021 $6,227 $580,175 $519,480 $60,695
2020 $6,160 $574,227 $514,154 $60,073
2019 $6,038 $562,969 $504,073 $58,896
2018 $5,917 $551,932 $494,190 $57,742
2017 $5,798 $541,110 $484,500 $56,610
2016 $7,083 $655,000 $550,000 $105,000
2015 $3,554 $313,048 $208,701 $104,347
2014 $3,281 $306,916 $204,613 $102,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1059854

California Regional Multiple Listing Service (CRMLS)

APN: 064-153-007