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588 Newman Dr

Arroyo Grande, CA 93420

3 bd 2 ba 2,100 sqft Built 1951 Lot 8,000 sqft single_family
Most recent sale
$760,000
Jan 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 19, 2024 Sold $760,000 CRMLS
Oct 12, 2023 Price changed $749,000 CRMLS
Sep 29, 2023 Listed $799,000 CRMLS
Apr 7, 2022 Listing removed NSBCRMLS
Apr 7, 2022 Sold $810,000 MLS #PI22041140
Mar 5, 2022 Listed $739,000 MLS #22000455
Mar 4, 2022 Listed $739,000 MLS #PI22041140

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,200 $408,000 $775,200 $8,280
2024 $367,200 $408,000 $775,200 $8,818
2023 $367,200 $459,000 $826,200 $8,715
2022 $32,391 $14,058 $46,449 $496
2021 $31,756 $13,783 $45,539 $495
2020 $31,431 $13,642 $45,073 $489
2019 $30,815 $13,375 $44,190 $486
2018 $30,211 $13,113 $43,324 $402
2017 $29,619 $12,856 $42,475 $394
2016 $29,039 $12,604 $41,643 $371
2015 $28,603 $12,415 $41,018 $367
2014 $28,043 $12,172 $40,215 $352
2013 $27,917 $12,117 $40,034 $350
2012 $27,370 $11,880 $39,250 $342
2010 $26,834 $11,648 $38,482 $327
2009 $26,698 $11,589 $38,287 $328
2008 $26,175 $11,362 $37,537 $320
2007 $25,662 $11,140 $36,802 $311

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,100 sqft
Lot size
8,000 sqft
ZIP code
93420
City
Arroyo Grande
Street
Newman Dr
Coordinates
35.11602, -120.58753

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
$6,720
Gross rental yield
10.61%
Implied cap rate
6.90%
Trend-extrapolated value

Frequently asked questions

When did 588 Newman Dr last sell?
588 Newman Dr most recently sold on Jan 19, 2024 for $760,000.
What is the current tax assessment for 588 Newman Dr?
The most recent total assessment for 588 Newman Dr (year 2025) is $775,200 with $8,280 in property tax.
How does 588 Newman Dr's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $760,000.
When was 588 Newman Dr built?
588 Newman Dr was built in 1951.
How does 588 Newman Dr compare to others on Newman Dr?
We track 5 other properties on Newman Dr. Browse the list under "Other properties on Newman Dr" to compare beds, baths, and sale history.
What are the property facts for 588 Newman Dr?
588 Newman Dr is a 3 bed, 2 bath, 2,100 sqft, 8,000 sqft lot single_family.
Is 588 Newman Dr a flip candidate?
No — 588 Newman Dr does not appear in our flips dataset.
Is 588 Newman Dr a tax-appeal candidate?
No — 588 Newman Dr 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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