NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
129,809 Sq Ft Lot

Last Sold September 20, 2012

Last sale price $875,000

241 Days on Market

About This Home

As of September 2012

Nearly $4m has been spent on this project. Asking only $1,250,000. Way below improvement cost. Located in the Central Coast town of Nipomo. The site is fully improved and ready for vertical construction of 18 townhomes and 5 freestanding retail/office buildings. The improvements completed include; Grading, Perimeter Streets, Drainage, Underground Utilities, Parking Lot, Engineering, etc. Each building has it's own parcel so you can phase construction and sales. Let me know if you want more information.

Last Agent to Sell the Property

Howard Hamlin

Hamlin Company Listed on: 01/23/2012

Last Buyer's Agent

Howard Hamlin

Hamlin Company Listed on: 01/23/2012

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2.98 Acre Lot
  • Corner Lot

Home Design

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include com area mn, maintenance exterior, prop management, trash

Listing and Financial Details

  • Assessor Parcel Number 092-130-013

Property Details

Home Type

Multi-Family

Lot Details

2.98 Acres

Listing Details

  • FILLACRES: 2.98
  • Directions To Property: From the 101 Freeway, exit on Tefft Road and go West 2 blocks. Tefft Road serves as the main freeway access and commercial/retail area serving the community of Nipomo.
  • Listing Member Name: Howard P Hamlin
  • Listing Office Short Id: 3124
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 129983.00
  • Major Area: 12 - Nipomo
  • Open House Office I D: 20170308161108994584000000
  • Property Sub Type: Multi-Family
  • Prop. Type: E
  • RE Included: Yes
  • Selling Member Short Id: 6556
  • Selling Office Short Id: 3124
  • Tract Suffix: Street
  • Geen Feat.: Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • List Price per Acre: 419463.08
  • Special Features: 12

Garage/Parking

  • Parking Ratio: 113.00

Utilities

  • Utilities: Cable, Electricity, Gas, Telephone

Condo/Co-op/Association

  • Fee Include: Com Area Mn, Maintenance Exterior, Prop Management, Trash
  • HOA Fee Frequency: Monthly

Lot Info

  • Lot Characteristics: Corner

Tax Info

  • Assessor Parcel Number: 092-130-013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Arbab Nepton
Bought by
Mashayekan Ahmad

Purchase Details

Listed on
Jan 23, 2012
Closed on
Sep 12, 2012
Sold by
691 West Tefft Street Llc
Bought by
Mashayekan Ahmad
Seller's Agent
Howard Hamlin
Hamlin Company
Buyer's Agent
Howard Hamlin
Hamlin Company
List Price
$1,250,000
Sold Price
$875,000
Premium/Discount to List
-$375,000
-30%

Purchase Details

Closed on
Jun 17, 2004
Sold by
Bartel Judith A and Porter Charles R
Bought by
691 West Tefft Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records
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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
Mashayekan Ahmad -- None Listed On Document
Mashayekan Ahmad -- First American Title Company
691 West Tefft Street Llc $1,400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 691 West Tefft Street Llc $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2012 09/20/12 Sold $875,000 -30.0% --
09/20/2012 09/20/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $1,250,000 -- --
Source: North Santa Barbara County Regional MLS

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 $32,037 $3,114,706 $1,113,009 $2,001,697
2024 $31,670 $3,053,635 $1,091,186 $1,962,449
2023 $31,670 $2,993,761 $1,069,791 $1,923,970
2022 $31,192 $2,935,061 $1,048,815 $1,886,246
2021 $31,136 $2,877,511 $1,028,250 $1,849,261
2020 $30,780 $2,848,007 $1,017,707 $1,830,300
2019 $24,458 $2,232,444 $997,752 $1,234,692
2018 $24,167 $2,188,672 $978,189 $1,210,483
2017 $23,021 $2,083,012 $959,009 $1,124,003
2016 $21,712 $2,042,169 $940,205 $1,101,964
2015 $13,803 $1,297,385 $896,533 $400,852
2014 $10,961 $1,048,972 $878,972 $170,000
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 183162

North Santa Barbara County Regional MLS

APN: 092-577-008

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