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$1,250,000

Beds
3
Baths
2.5
sq ft
1,238

640 Park Ave, Cayucos, CA 93430

640 Park Ave

Cayucos, CA 93430

  • 261 days on market
    • Price drop $125,000↓
Nestled on the west side of Hwy 1 near downtown Cayucos and a few short blocks to the beach, this updated coastal home is move-in ready and offers flexible layout options as a 3BD home or a 2BD home with separate living studio. Upstairs you’ll find an open living room, kitchen, and dining area with attractive finishes, hardwood floors, ceiling fans, and granite counters with a wall of windows overlooking the neighboring residences and ocean views up towards the Estero Bluffs and Cayucos Pier. The kitchen offers space for a dining table plus island seating and French doors lead to the west-facing deck. There are two bedrooms upstairs with a shared full bathroom. One bedroom has an indoor laundry closet and the larger bedroom has a wide closet and steps that leads to a small, gated back yard with a bonus pet door next to the slider. The downstairs rooms feature a clever garage conversion that can serve as additional living space or as a standalone studio, complete with living room, kitchen, dining area, extra-large bedroom, two half bathrooms with showers, plus an additional washer/dryer and, rooms for storage, and a private entrance. The driveway leads to a large private parking area and entertaining space.

Details

Property type

Single Family Residence

Est. home value

$1,316,887

Lot size

3,700 sq ft

Price per sq ft

$1,010

Year built

1972

HOA

No

Price History

09/09/2024
CRMLS

CRMLS #SC24069342

Listed
$1,250,000
07/24/2024
CRMLS

CRMLS #SC24069342

Pending
$1,250,000
06/13/2024
CRMLS

CRMLS #SC24069342

Price change
$1,250,000
-9.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Suburban

High school district: 

Coast Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Apotek Moderna Llc

Loan start date

August 2023

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial

Seller

Kevin P Sweeney and Misty D Sweeney

Lender

United Wholesale Mortgage

Loan start date

October 2020

Original loan amount

$680,000

Est. remaining balance

$617,559

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Kevin P Sweeney and Misty D Sweeney

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 10:05 PM

Listing updated: 12/04/2024 at 7:40 PM

Listed by: Catherine Stone, Central Coast Real Estate Phone #: (805) 995-2347

MLS: CRMLS #SC24069342

CRMLS logo

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