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121 Nelson St

Arroyo Grande, CA 93420

2 bd 1 ba 694 sqft Built 1930 Lot 6,370 sqft single_family
Most recent sale
$650,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Price changed for rent $2,800 AppfolioUnits
Nov 21, 2023 Price changed for rent $2,900 AppfolioUnits
Oct 18, 2023 Price changed for rent $3,000 AppfolioUnits
Oct 3, 2023 Listed for rent $3,500 AppfolioUnits
Apr 18, 2022 Sold $650,000 MLS #PI21230262
Mar 30, 2022 Price changed $695,000 MLS #PI21230262
Mar 16, 2022 Price changed $825,000 MLS #PI21230262
Feb 26, 2022 Price changed $899,000 MLS #PI21230262
Jan 19, 2022 Listed $995,000 MLS #PI21230262

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $79,590 $610,194 $689,784 $7,368
2024 $79,590 $610,194 $689,784 $7,135
2023 $76,500 $586,500 $663,000 $7,053
2022 $12,198 $13,523 $25,721 $200
2021 $11,959 $13,258 $25,217 $198
2020 $11,837 $13,123 $24,960 $195
2019 $11,605 $12,866 $24,471 $192
2018 $11,378 $12,614 $23,992 $188
2017 $11,155 $12,367 $23,522 $183
2016 $10,937 $12,125 $23,062 $172
2015 $10,773 $11,943 $22,716 $169
2014 $10,562 $11,710 $22,272 $162
2013 $10,515 $11,658 $22,173 $161
2012 $10,309 $11,430 $21,739 $156
2010 $10,107 $11,206 $21,313 $148
2009 $10,056 $11,150 $21,206 $148
2008 $9,859 $10,932 $20,791 $144
2007 $9,666 $10,718 $20,384 $139

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
694 sqft
Lot size
6,370 sqft
ZIP code
93420
City
Arroyo Grande
Street
Nelson St
Coordinates
35.12223, -120.57719

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
$2,221
Gross rental yield
4.10%
Implied cap rate
2.67%
Trend-extrapolated value

Frequently asked questions

When did 121 Nelson St last sell?
121 Nelson St most recently sold on Apr 18, 2022 for $650,000.
What is the current tax assessment for 121 Nelson St?
The most recent total assessment for 121 Nelson St (year 2025) is $689,784 with $7,368 in property tax.
How does 121 Nelson St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $650,000.
When was 121 Nelson St built?
121 Nelson St was built in 1930.
How does 121 Nelson St compare to others on Nelson St?
We track 4 other properties on Nelson St. Browse the list under "Other properties on Nelson St" to compare beds, baths, and sale history.
What are the property facts for 121 Nelson St?
121 Nelson St is a 2 bed, 1 bath, 694 sqft, 6,370 sqft lot single_family.
Is 121 Nelson St a flip candidate?
No — 121 Nelson St does not appear in our flips dataset.
Is 121 Nelson St a tax-appeal candidate?
No — 121 Nelson St 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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