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2248 Rail Ct

Arroyo Grande, CA 93420

3 bd 3 ba 2,742 sqft Built 2003 Lot 14,771 sqft single_family
Most recent sale
$1,125,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $1,125,000 MLS #SC22116743
Jun 10, 2022 Listed $1,200,000 MLS #SC22116743
Mar 18, 2011 Listed $648,000 MLS #174767
Nov 15, 2010 Price changed $649,000 MLS #166760
Sep 2, 2010 Price changed $699,000 MLS #166760
Jun 11, 2010 Listed $749,000 MLS #166760
Jun 7, 2010 Price changed $749,000 MLS #160196
Mar 16, 2010 Price changed $765,630 MLS #160196
Dec 7, 2009 Price changed $665,630 MLS #160196
Dec 7, 2009 Listed $799,000 MLS #29016216
Nov 10, 2009 Listed $799,000 MLS #160196
Nov 4, 2009 Price changed $799,000 MLS #154635
May 5, 2009 Listed $839,000 MLS #154635
May 30, 2002 Sold $205,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $624,240 $546,210 $1,170,450 $12,381
2024 $624,240 $546,210 $1,170,450 $11,965
2023 $600,000 $525,000 $1,125,000 $11,827
2022 $398,397 $362,179 $760,576 $8,008
2021 $390,586 $355,078 $745,664 $7,992
2020 $386,582 $351,438 $738,020 $7,900
2019 $379,002 $344,548 $723,550 $7,850
2018 $371,571 $337,793 $709,364 $7,751
2017 $364,286 $331,170 $695,456 $7,609
2016 $357,144 $324,677 $681,821 $7,211
2015 $351,780 $319,801 $671,581 $7,107
2014 $344,890 $313,537 $658,427 $6,844
2013 $343,332 $312,120 $655,452 $6,808
2012 $336,600 $306,000 $642,600 $6,671
2010 $479,135 $245,628 $724,763 $7,445
2009 $480,274 $246,212 $726,486 $7,453
2008 $470,857 $241,385 $712,242 $7,306
2007 $461,625 $236,652 $698,277 $7,128

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,742 sqft
Lot size
14,771 sqft
ZIP code
93420
City
Arroyo Grande
Street
Rail Ct
Coordinates
35.07144, -120.57364

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
$8,774
Gross rental yield
9.36%
Implied cap rate
6.08%
Trend-extrapolated value

Frequently asked questions

When did 2248 Rail Ct last sell?
2248 Rail Ct most recently sold on Jul 27, 2022 for $1,125,000.
What is the current tax assessment for 2248 Rail Ct?
The most recent total assessment for 2248 Rail Ct (year 2025) is $1,170,450 with $12,381 in property tax.
How does 2248 Rail Ct's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,125,000.
When was 2248 Rail Ct built?
2248 Rail Ct was built in 2003.
How does 2248 Rail Ct compare to others on Rail Ct?
We track 2 other properties on Rail Ct. Browse the list under "Other properties on Rail Ct" to compare beds, baths, and sale history.
What are the property facts for 2248 Rail Ct?
2248 Rail Ct is a 3 bed, 3 bath, 2,742 sqft, 14,771 sqft lot single_family.
Is 2248 Rail Ct a flip candidate?
No — 2248 Rail Ct does not appear in our flips dataset.
Is 2248 Rail Ct a tax-appeal candidate?
No — 2248 Rail Ct 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

Explore nearby

Other properties on Rail Ct