NOT LISTED FOR SALE

316 S Halcyon Rd Arroyo Grande, CA 93420

Estimated Value: $2,891,721

12 Beds
10 Baths
8,776 Sq Ft
$330/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $2,659,500 $303 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $17,961 / mo

Highlights

  • 0.79 Acre Lot
  • Private Yard
  • Heating System Uses Natural Gas
  • Arroyo Grande High School Rated A-

About This Home

As of June 2022

Superb Arroyo Grande opportunity! Best investment value of the Central Coast! 5 RESIDENCES w/ 1 New Commercial bldg. w/ 2 tenants. Three recent rent increases Oct. 2021. Total of 11 bedrooms & 8 bathrooms. Arroyo Grande Multi-Residential & Commercial 5 residences includes 3 houses and one duplex w/ newly built added bedroom. Complex total currently rented $11,918 monthly & will increase w/ permitted addition. Separately gas & electric metered. Large, rented shed included.

Last Agent to Sell the Property

Paul Masters

Home Masters Realty License #01194435 Listed on: 04/10/2022

Last Buyer's Agent

Debbie Hrabe

Vintage Investment Properties License #01178389

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • 34,412 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 22 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 8,776 Sq Ft Home
  • Property Attached
  • Planned Development

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 077204027
  • $1 per year additional tax assessments

Community Details

Overview

  • 9 Buildings
  • 8 Units
  • West Of 101 Subdivision

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,270
  • Other Expense $14,480
  • Trash Expense $1,416
  • Water Sewer Expense $4,200
  • Operating Expense $23,366
  • Gross Income $140,940
  • Net Operating Income $119,680

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0.79 Acres

Parking

2

Listing Details

  • CapRate: 5.10
  • Property Attached: Yes
  • Subdivision Name Other: West of 101(1000)
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 077204027
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 303.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 22.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1416.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 34412.00
  • Lot Size Acres: 0.7900
  • Latitude Manual: 35.11419300

Multi Family

  • Gross Income: 140940.00
  • Gross Scheduled Income: 143016.00
  • Insurance Expense: 3270.00
  • Lot Size Area: 34412.0000 Square Feet
  • Net Operating Income: 119680.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 8
  • Operating Expense: 23366.00
  • Other Expense: 14480.00
  • Rent Control: No
  • Total Expenses: 23366.00

Tax Info

  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Bought by
Current Estimated Value
$2,891,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,019,811
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,500
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 10, 2008
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,659,500 Fidelity National Title
-- Fidelity National Title Co
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title Co
$850,000 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,019,811
Previous Owner $748,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $2,659,500 0.0% $352 / Sq Ft View Prior Sale
06/30/2022 06/30/22 Sold $2,659,500 0.0% $303 / Sq Ft
04/10/2022 04/10/22 For Sale $2,659,500 0.0% $352 / Sq Ft
04/10/2022 04/10/22 For Sale $2,659,500 -- $303 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,195 $2,822,281 $689,785 $2,132,496
2024 $28,860 $2,766,943 $676,260 $2,090,683
2023 $28,860 $2,712,690 $663,000 $2,049,690
2022 $14,869 $1,391,290 $495,600 $895,690
2021 $14,841 $1,364,011 $485,883 $878,128
2020 $14,671 $1,350,025 $480,901 $869,124
2019 $14,290 $1,298,555 $466,472 $832,083
2018 $14,120 $1,273,094 $457,326 $815,768
2017 $13,886 $1,248,132 $448,359 $799,773
2016 $9,607 $896,160 $424,568 $471,592
2015 $9,257 $866,880 $418,191 $448,689
2014 $9,017 $849,900 $410,000 $439,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Paul Masters

    Home Masters Realty

    Section Image

  • S

    Buyer's Agent in 2022

    SM Non Member

    Non member Santa Maria

  • Debbie Hrabe

    Buyer's Agent in 2022

    Debbie Hrabe

    Vintage Investment Properties

    (805) 235-8416

    22 Total Sales

    Debbie Hrabe
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22008054

California Regional Multiple Listing Service (CRMLS)

APN: 077-204-027

California San Luis Obispo County Arroyo Grande 93420

316 S Halcyon Rd, Arroyo Grande, CA

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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