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289 Mercedes Ln

Arroyo Grande, CA 93420

4 bd 4 ba 4,725 sqft Built 1995 Lot 22,699 sqft single_family
Most recent sale
$2,000,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 16, 2026 Sold $2,300,000 CRMLS
Mar 29, 2022 Sold $2,000,000 MLS #SC22033955
Feb 22, 2022 Listed $1,699,999 MLS #SC22033955
Jun 9, 1992 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,278,755 $843,660 $2,122,415 $22,671
2024 $1,278,755 $843,660 $2,122,415 $21,955
2023 $1,229,100 $810,900 $2,040,000 $21,703
2022 $1,125,000 $875,000 $2,000,000 $21,375
2021 $512,069 $245,035 $757,104 $8,161
2020 $506,819 $242,523 $749,342 $8,067
2019 $496,882 $237,768 $734,650 $8,008
2018 $487,140 $233,106 $720,246 $7,910
2017 $477,589 $228,536 $706,125 $7,778
2016 $468,225 $224,055 $692,280 $7,346
2015 $461,192 $220,690 $681,882 $7,284
2014 $452,158 $216,367 $668,525 $7,018
2013 $450,115 $215,390 $665,505 $6,994
2012 $441,290 $211,167 $652,457 $6,852
2010 $429,405 $205,480 $634,885 $6,592
2009 $430,426 $205,969 $636,395 $6,600
2008 $421,987 $201,931 $623,918 $6,469
2007 $413,713 $197,972 $611,685 $6,315

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,725 sqft
Lot size
22,699 sqft
ZIP code
93420
City
Arroyo Grande
Street
Mercedes Ln
Coordinates
35.12665, -120.58330

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$15,120
Gross rental yield
9.07%
Implied cap rate
5.90%
Trend-extrapolated value

Frequently asked questions

When did 289 Mercedes Ln last sell?
289 Mercedes Ln most recently sold on Mar 29, 2022 for $2,000,000.
What is the current tax assessment for 289 Mercedes Ln?
The most recent total assessment for 289 Mercedes Ln (year 2025) is $2,122,415 with $22,671 in property tax.
How does 289 Mercedes Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $2,000,000.
When was 289 Mercedes Ln built?
289 Mercedes Ln was built in 1995.
How does 289 Mercedes Ln compare to others on Mercedes Ln?
We track 8 other properties on Mercedes Ln. Browse the list under "Other properties on Mercedes Ln" to compare beds, baths, and sale history.
What are the property facts for 289 Mercedes Ln?
289 Mercedes Ln is a 4 bed, 4 bath, 4,725 sqft, 22,699 sqft lot single_family.
Is 289 Mercedes Ln a flip candidate?
No — 289 Mercedes Ln does not appear in our flips dataset.
Is 289 Mercedes Ln a tax-appeal candidate?
No — 289 Mercedes Ln is not currently flagged as a tax-appeal candidate.

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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