NOT LISTED FOR SALE

Grover Beach, CA 93433

Estimated Value: $733,156 - $1,019,000

4 Beds
2 Baths
1,664 Sq Ft
$512/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $423,500 $255 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,923/month

13 Days on Market

Highlights

  • Fenced Yard
  • Garage
  • Wall Furnace
  • Arroyo Grande High School Rated A-
  • Level Lot
  • 1-Story Property

About This Home

As of February 2015

Here's an excellent opportunity to own income property in Grover Beach. This is a quiet duplex on a flag lot with each unit consisting of 2 bedrooms, 1 full bathroom, a one car garage and a small fenced yard. Unit A has been recently remodeled. There is a small front yard and additional parking for guests.

Last Agent to Sell the Property

Toni Bouman

RE/MAX Del Oro Listed on: 01/29/2015

Last Buyer's Agent

Toni Bouman

RE/MAX Del Oro Listed on: 01/29/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,802 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Flag Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, move in fee, move out fee
  • The owner pays for taxes, trash collection, water
  • Assessor Parcel Number 060-283-036

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,420
  • Net Operating Income $25,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • FILLACRES: 0.18
  • ApproxYrBlt: 1978
  • Directions To Property: Take 5 Cities Dr exit off 101 to 4th St, go south to Seabright. Take a left turn, go to 850 Seabright. Property is on your right.
  • Listing Member Name: Toni Bouman
  • Listing Office Short Id: 2361
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7802.00
  • Major Area: 09 - Grover Beach
  • Open House Office I D: 20170308161058752348000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 1909
  • Selling Office Short Id: 2361
  • Building Stories: 1
  • OFFICELIST_ZIP4: 2411
  • Unit Levels: One
  • Geen Feat.: Curbs/Gutter, Paved Streets
  • Income And Expenses Annual Operating Exp: 5420.00
  • Landlord Pays: Taxes, Trash Collection, Water
  • Special Features: None
  • Stories: 1
  • Year Built: 1978

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: 1 - 5, Garage

Utilities

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

Lot Info

  • Lot Characteristics: Flag, Level
  • Zoning Description: Multi-Fam R2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee

Tax Info

  • Assessor Parcel Number: 060-283-036

Multi Family

  • Income And Expenses Net Operating Income: 25780.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 24, 2015
Sold by
Steuart Susan
Bought by
The Paul & Sherri Masters Living Trust and Masters Sherri J
Seller's Agent
Toni Bouman
RE/MAX Del Oro
Buyer's Agent
Toni Bouman
RE/MAX Del Oro
Sold Price
$423,500
Current Estimated Value
$851,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,789
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Agron Beth
Bought by
Agron Beth

Purchase Details

Closed on
Oct 9, 2009
Sold by
Simons Ronnie
Bought by
Agron Beth

Purchase Details

Closed on
Apr 1, 2002
Sold by
Viscarra Rose M
Bought by
Simons Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.18%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Viscarra Rose
Bought by
Viscarra Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.18%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Pepper Bonnie Jean
Bought by
Salomon Brothers Mtg Securities Vii Inc

Purchase Details

Closed on
Mar 1, 1999
Sold by
Norwest Bank Minnesota Na
Bought by
Viscarra Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,509
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 1996
Sold by
Pepper John L
Bought by
Pepper Bonnie Jean
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
The Paul & Sherri Masters Living Trust $423,500 Fidelity National Title Co
Agron Beth -- None Available
Agron Beth $392,000 Fidelity National Title Co
Simons Ronnie $250,000 Cuesta Title Company
Viscarra Rose M -- --
Salomon Brothers Mtg Securities Vii Inc $100,000 Cuesta Title Company
Viscarra Rose $172,000 First American Title Ins Co
Pepper Bonnie Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simons Ronnie $200,000
Previous Owner Viscarra Rose $157,509
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $423,500 -- $255 / 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 $5,714 $508,972 $300,457 $208,515
2024 $5,669 $498,993 $294,566 $204,427
2023 $5,669 $489,210 $288,791 $200,419
2022 $5,582 $479,619 $283,129 $196,490
2021 $5,516 $470,216 $277,578 $192,638
2020 $5,453 $465,395 $274,732 $190,663
2019 $5,409 $456,271 $269,346 $186,925
2018 $5,341 $447,325 $264,065 $183,260
2017 $5,104 $438,555 $258,888 $179,667
2016 $4,757 $429,957 $253,812 $176,145
2015 $4,622 $421,015 $230,915 $190,100
2014 $4,219 $400,000 $220,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Toni Bouman

    RE/MAX Del Oro

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 1051547

North Santa Barbara County Regional MLS

APN: 060-283-036

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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