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509 Morning Rise Ln

Arroyo Grande, CA 93420

3 bd 2 ba 1,587 sqft Built 1997 Lot 4,673 sqft single_family
Most recent sale
$835,000
Feb 13, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 13, 2024 Sold $835,000 CRMLS
Jan 11, 2024 Listed $799,000 CRMLS
Dec 21, 2023 Listing removed RentlinxUnits
Dec 8, 2023 Listed for rent $3,500 RentlinxUnits
Jan 30, 2020 Sold $630,000 CRMLS
Sep 5, 2017 Listing removed $429,000 NSBCRMLS
May 1, 2017 Listing removed $475,000 NSBCRMLS
Apr 7, 2017 Listed $475,000 NSBCRMLS
Jul 29, 2014 Sold $452,500 Public Record
Jul 18, 2014 Listing removed $475,000 CentralCoast
Jul 10, 2014 Listed $475,000 CentralCoast
Oct 6, 2009 Sold $435,000 Public Record
Sep 2, 2009 Listing removed $429,000 CentralCoast
Aug 24, 2009 Listed $429,000 CentralCoast
May 7, 2003 Sold $420,000 Public Record
Jul 23, 1997 Sold $179,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,200 $484,500 $851,700 $9,097
2024 $367,200 $484,500 $851,700 $8,912
2023 $294,329 $367,911 $662,240 $7,045
2022 $288,558 $360,698 $649,256 $6,938
2021 $282,900 $353,626 $636,526 $6,925
2020 $250,006 $247,259 $497,265 $5,403
2019 $245,104 $242,411 $487,515 $5,365
2018 $240,299 $237,658 $477,957 $5,223
2017 $235,588 $232,999 $468,587 $5,135
2016 $230,969 $228,431 $459,400 $4,849
2015 $227,500 $225,000 $452,500 $4,808
2014 $243,000 $207,000 $450,000 $4,699
2013 $205,000 $180,000 $385,000 $4,014
2012 $195,000 $165,000 $360,000 $3,747
2010 $199,000 $170,000 $369,000 $4,493
2009 $90,842 $29,575 $120,417 $1,189
2008 $89,061 $28,996 $118,057 $1,164
2007 $87,315 $28,428 $115,743 $1,135

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,587 sqft
Lot size
4,673 sqft
ZIP code
93420
City
Arroyo Grande
Street
Morning Rise Ln
Coordinates
35.11010, -120.59827

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,078
Gross rental yield
7.30%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 509 Morning Rise Ln last sell?
509 Morning Rise Ln most recently sold on Feb 13, 2024 for $835,000.
What is the current tax assessment for 509 Morning Rise Ln?
The most recent total assessment for 509 Morning Rise Ln (year 2025) is $851,700 with $9,097 in property tax.
How does 509 Morning Rise Ln's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $835,000.
When was 509 Morning Rise Ln built?
509 Morning Rise Ln was built in 1997.
How does 509 Morning Rise Ln compare to others on Morning Rise Ln?
We track 8 other properties on Morning Rise Ln. Browse the list under "Other properties on Morning Rise Ln" to compare beds, baths, and sale history.
What are the property facts for 509 Morning Rise Ln?
509 Morning Rise Ln is a 3 bed, 2 bath, 1,587 sqft, 4,673 sqft lot single_family.
Is 509 Morning Rise Ln a flip candidate?
No — 509 Morning Rise Ln does not appear in our flips dataset.
Is 509 Morning Rise Ln a tax-appeal candidate?
No — 509 Morning Rise 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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