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504 Cherry Ave

Arroyo Grande, CA 93420

3 bd 2 ba 1,400 sqft Built 1963 Lot 5,890 sqft single_family
Most recent sale
$500,000
Feb 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 15, 2024 Sold $1,110,000 CRMLS
Apr 17, 2024 Listed $1,099,000 CRMLS
Feb 3, 2021 Sold $500,000 Public Record
Nov 17, 2006 Sold $459,500 Public Record
May 26, 2004 Sold $467,500 Public Record
May 13, 2003 Sold $365,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,200 $765,000 $1,132,200 $12,094
2024 $367,200 $765,000 $1,132,200 $6,368
2023 $192,512 $399,201 $591,713 $6,295
2022 $188,738 $391,374 $580,112 $6,199
2021 $185,038 $383,700 $568,738 $6,188
2020 $183,141 $379,766 $562,907 $6,117
2019 $179,550 $372,320 $551,870 $6,073
2018 $176,030 $365,020 $541,050 $6,000
2017 $165,000 $335,000 $500,000 $5,562
2016 $165,000 $335,000 $500,000 $5,360
2015 $165,000 $335,000 $500,000 $5,396
2014 $137,000 $290,000 $427,000 $4,530
2013 $111,000 $229,000 $340,000 $3,610
2012 $105,000 $215,000 $320,000 $3,397
2010 $108,000 $230,000 $338,000 $3,832
2009 $123,000 $250,000 $373,000 $3,911
2008 $137,000 $320,000 $457,000 $4,792
2007 $149,500 $310,000 $459,500 $4,799

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
5,890 sqft
ZIP code
93420
City
Arroyo Grande
Street
Cherry Ave
Coordinates
35.12061, -120.57109

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,480
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value

Frequently asked questions

When did 504 Cherry Ave last sell?
504 Cherry Ave most recently sold on Feb 3, 2021 for $500,000.
What is the current tax assessment for 504 Cherry Ave?
The most recent total assessment for 504 Cherry Ave (year 2025) is $1,132,200 with $12,094 in property tax.
How does 504 Cherry Ave's assessment compare to its last sale price?
The current assessment is 126.4% above the last sale price of $500,000.
When was 504 Cherry Ave built?
504 Cherry Ave was built in 1963.
How does 504 Cherry Ave compare to others on Cherry Ave?
We track 8 other properties on Cherry Ave. Browse the list under "Other properties on Cherry Ave" to compare beds, baths, and sale history.
What are the property facts for 504 Cherry Ave?
504 Cherry Ave is a 3 bed, 2 bath, 1,400 sqft, 5,890 sqft lot single_family.
Is 504 Cherry Ave a flip candidate?
No — 504 Cherry Ave does not appear in our flips dataset.
Is 504 Cherry Ave a tax-appeal candidate?
Yes — 504 Cherry Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+19.9%
2026 Q3
$1.64M
2026 Q4
$1.7M
ZIP 93420 — Median Price History + Forecast

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