261 Spruce St
Arroyo Grande, CA 93420
2 bd 3 ba 1,356 sqft Built 1987 Lot 1,356 sqft condos
Most recent sale
$603,500
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $603,500 | MLS #PI22067771 |
| Apr 8, 2022 | Listed | $549,000 | MLS #PI22067771 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $295,546 | $344,892 | $640,438 | $6,766 |
| 2024 | $295,546 | $344,892 | $640,438 | $6,551 |
| 2023 | $284,070 | $331,500 | $615,570 | $6,474 |
| 2022 | $108,316 | $81,483 | $189,799 | $2,028 |
| 2021 | $106,193 | $79,886 | $186,079 | $2,024 |
| 2020 | $105,105 | $79,067 | $184,172 | $2,001 |
| 2019 | $103,045 | $77,517 | $180,562 | $1,987 |
| 2018 | $101,025 | $75,998 | $177,023 | $1,963 |
| 2017 | $99,045 | $74,508 | $173,553 | $1,930 |
| 2016 | $97,103 | $73,048 | $170,151 | $1,824 |
| 2015 | $95,645 | $71,951 | $167,596 | $1,808 |
| 2014 | $93,772 | $70,542 | $164,314 | $1,743 |
| 2013 | $93,349 | $70,224 | $163,573 | $1,737 |
| 2012 | $91,519 | $68,848 | $160,367 | $1,702 |
| 2010 | $89,725 | $67,499 | $157,224 | $1,638 |
| 2009 | $89,267 | $67,155 | $156,422 | $1,640 |
| 2008 | $87,517 | $65,839 | $153,356 | $1,608 |
| 2007 | $85,801 | $64,549 | $150,350 | $1,570 |
Property facts
Year built
1987
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,356 sqft
Lot size
1,356 sqft
ZIP code
93420
City
Arroyo Grande
Street
Spruce St
Coordinates
35.11572, -120.60254
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,339
Gross rental yield
8.63%
Implied cap rate
5.61%
Trend-extrapolated value
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Frequently asked questions
When did 261 Spruce St last sell?
261 Spruce St most recently sold on May 6, 2022 for $603,500.
What is the current tax assessment for 261 Spruce St?
The most recent total assessment for 261 Spruce St (year 2025) is $640,438 with $6,766 in property tax.
How does 261 Spruce St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $603,500.
When was 261 Spruce St built?
261 Spruce St was built in 1987.
How does 261 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 261 Spruce St?
261 Spruce St is a 2 bed, 3 bath, 1,356 sqft, 1,356 sqft lot condos.
Is 261 Spruce St a flip candidate?
No — 261 Spruce St does not appear in our flips dataset.
Is 261 Spruce St a tax-appeal candidate?
No — 261 Spruce St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+19.9%
2026 Q3
$1.64M
2026 Q4
$1.7M
ZIP 93420 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spruce St