NOT LISTED FOR SALE

897 Front St Unit 1-3 Grover Beach, CA 93433

Estimated Value: $1,122,000 - $1,226,000

6 Beds
4 Baths
2,682 Sq Ft
$440/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $775,000 $289 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,069/month

Highlights

  • Separate Outdoor Workshop
  • Laundry Room
  • Customized Wheelchair Accessible
  • Arroyo Grande High School Rated A-
  • Storage
  • Mountainous Community

About This Home

As of January 2017

Marketing Remarks: Off-market sale for comp purposes only. Buyer paid all commissions and closing costs. Backs up to Pismo Lake Ecological Preserve. Two 2-bed, 1-full bath apartments upstairs; one 2-bed, 2-bath unit downstairs with private yard. Four garages; two turned into workshop accessed from the main unit and driveway. Additional parking on-site.

Last Agent to Sell the Property

Mary McNally

Peterson Team Realty License #1441750 Listed on: 01/19/2017

Last Buyer's Agent

Mary McNally

Peterson Team Realty License #1441750 Listed on: 01/19/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,098

Year Built

  • Built in 1977

Lot Details

  • 6,599 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,682 Sq Ft Home
  • Storage
  • Laundry Room

Parking

  • Parking Available
  • On-Site Parking

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Additional Features

  • Customized Wheelchair Accessible
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 060481005

Community Details

Overview

  • 3 Units
  • Mountainous Community

Additional Features

  • Laundry Facilities
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,098

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Subdivision Name Other: North Grover Beach(350)
  • Zoning: DPLXTRI
  • Property Type: Residential Income
  • Parcel Number: 060481005
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Accessibility Features: Customized Wheelchair Accessible
  • Levels: Two
  • Price Per Square Foot: 288.96

Exterior Features

  • Foundation: Slab
  • Other Structures: Workshop, Shed(s)
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Phone Connected
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community

Condo/Co-op/Association

  • Community Features: Sidewalks, Curbs, Mountainous, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6599.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Operating Income: 22200.00
  • Number Of Units Total: 3
  • Operating Expense: 2400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Margaret Mcnally Mary
Bought by
Rising Tide Revocable Trust
Current Estimated Value
$1,179,011

Purchase Details

Listed on
Jan 19, 2017
Closed on
Dec 9, 2016
Sold by
Bartlett William Pearce
Bought by
Mcnally Mary Margaret
Seller's Agent
Mary McNally
Peterson Team Realty
Buyer's Agent
Mary McNally
Peterson Team Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$581,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
Dec 6, 2016
Sold by
Hirsch Jerome Myles and Hirsch Leta Jean Patton
Bought by
Mcnally Mary Margaret
Seller's Agent
Mary McNally
Peterson Team Realty
Buyer's Agent
Mary McNally
Peterson Team Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2003
Sold by
Hirsch Jerome M and Patton Leta J
Bought by
Hirsch Jerome Myles and Patton Hirsch Leta Jean

Purchase Details

Closed on
Jan 13, 1998
Sold by
Hirsch Jerome M and Patton Leta J
Bought by
Hirsch Jerome M and Patton Leta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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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
Rising Tide Revocable Trust -- None Listed On Document
Mcnally Mary Margaret -- Fidelity National Title Co
Mcnally Mary Margaret $775,000 Fidelity National Title Co
Hirsch Jerome Myles -- --
Hirsch Jerome M -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnally Mary Margaret $581,250
Previous Owner Hirsch Jerome M $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $775,000 0.0% $289 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $775,000 -- $289 / 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 $10,098 $899,447 $377,187 $522,260
2024 $10,019 $881,812 $369,792 $512,020
2023 $10,019 $864,523 $362,542 $501,981
2022 $9,864 $847,573 $355,434 $492,139
2021 $9,747 $830,955 $348,465 $482,490
2020 $9,637 $822,435 $344,892 $477,543
2019 $9,559 $806,310 $338,130 $468,180
2018 $9,439 $790,500 $331,500 $459,000
2017 $5,100 $445,158 $233,105 $212,053
2016 $4,751 $436,431 $228,535 $207,896
2015 $4,642 $429,877 $225,103 $204,774
2014 $4,372 $421,457 $220,694 $200,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1074412

California Regional Multiple Listing Service (CRMLS)

APN: 060-481-005