NOT LISTED FOR SALE

Grover Beach, CA 93433

Estimated Value: $796,725 - $899,000

4 Beds
2 Baths
1,600 Sq Ft
$534/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $500,000 $312 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,003/month

7 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • 1-Story Property
  • Arroyo Grande High School Rated A-
  • Garage

About This Home

As of March 2017

Close to the beach. Clean duplex in North Grover Beach. Each unit is a 2 bed/1 bath. Units only connected between the garages. Possible upside with rents at $1,225/mo for 379 Brighton and $1,375/mo for 385 Brighton. Management company 2016 income statement is available upon request.

Last Agent to Sell the Property

Dennis Allan

Allan Real Estate Investments License #00961923 Listed on: 01/23/2017

Last Buyer's Agent

SM Non Member

Non member Santa Maria

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,499 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • The owner pays for taxes
  • Assessor Parcel Number 060-141-041

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,300
  • Net Operating Income $20,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • FILLACRES: 0.15
  • ApproxYrBlt: 1972
  • Directions To Property: From Grand Avenue, go North on 4th Street. Property is on the Northwest corner of Brighton Avenue & 4th Street.
  • Listing Member Name: Dennis Allan
  • Listing Office Short Id: 1266
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 6499.00
  • Major Area: 09 - Grover Beach
  • Open House Office I D: 20170308161043417183000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 2850
  • Selling Office Short Id: 2956
  • Building Stories: 1
  • Tract Suffix: Avenue
  • OFFICELIST_ZIP4: 1506
  • Unit Levels: One
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Telephone
  • Income And Expenses Annual Operating Exp: 10300.00
  • Income And Expenses Cap Rate: 4.20
  • Landlord Pays: Taxes
  • Special Features: None
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Laundry: In Each Unit

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace
  • Separate Meters: Electric, Gas, Water

Lot Info

  • Lot Characteristics: Corner, Level
  • Zoning Description: Duplex/Triplex, Multi-Fam R2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Tax Info

  • Assessor Parcel Number: 060-141-041

Multi Family

  • Income And Expenses Net Operating Income: 20900.00
  • Annual Operating Expense: Accounting, Insurance, Legal, Maintenance, Management, Vacancy Fact
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 3, 2017
Sold by
Balster Michael Anthony
Bought by
Ojeda Scarlet Jesie
Seller's Agent
Dennis Allan
Allan Real Estate Investments
Buyer's Agent
SM Non Member
Non member Santa Maria
Sold Price
$500,000
Current Estimated Value
$853,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,681
Avg. Annual Appreciation
6.25%
Original Mortgage
$400,000
Outstanding Balance
$331,091
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$522,590

Purchase Details

Closed on
Jun 21, 2005
Sold by
Balster Michael Anthony and Balster Marian Bakarich
Bought by
Balster Michael Anthony and Balster Marian Bakarich
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
Ojeda Scarlet Jesie $500,000 Fidelity National Title Co
Balster Michael Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojeda Scarlet Jesie $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $500,000 -- $313 / Sq Ft
Source: North Santa Barbara County Regional MLS

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 $6,515 $580,287 $348,173 $232,114
2024 $6,464 $568,910 $341,347 $227,563
2023 $6,464 $557,755 $334,654 $223,101
2022 $6,364 $546,820 $328,093 $218,727
2021 $6,289 $536,099 $321,660 $214,439
2020 $6,217 $530,603 $318,362 $212,241
2019 $6,167 $520,200 $312,120 $208,080
2018 $6,090 $510,000 $306,000 $204,000
2017 $2,955 $253,915 $134,428 $119,487
2016 $2,754 $248,938 $131,793 $117,145
2015 $2,692 $245,200 $129,814 $115,386
2014 $2,536 $240,398 $127,272 $113,126
Source: Public Records

Agents Affiliated with this Home

  • Dennis Allan

    Seller's Agent in 2017

    Dennis Allan

    Allan Real Estate Investments

    (805) 473-7500

    10 in this area

    91 Total Sales

    Dennis Allan
    Section Image

  • S

    Buyer's Agent in 2017

    SM Non Member

    Non member Santa Maria

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 1074350

North Santa Barbara County Regional MLS

APN: 060-141-041

California San Luis Obispo County Grover Beach

93433

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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