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261 Spruce St

Arroyo Grande, CA 93420

3 bd 3 ba 1,770 sqft Built 1987 Lot 1,770 sqft townhomes
Most recent sale
$585,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $585,000 MLS #222001443
Apr 1, 2022 Listed $585,000 MLS #222001443
Jul 19, 2019 Listed for rent $2,100 AppfolioUnits
Jun 26, 2012 Sold $250,000 Public Record
Mar 11, 2005 Sold $449,000 Public Record
Oct 23, 1990 Sold $170,000 Public Record
Sep 16, 1987 Sold $110,000 Public Record
Jul 15, 1987 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $328,974 $291,832 $620,806 $6,631
2024 $328,974 $291,832 $620,806 $6,422
2023 $316,200 $280,500 $596,700 $6,348
2022 $159,784 $136,110 $295,894 $3,162
2021 $156,651 $133,442 $290,093 $3,156
2020 $155,045 $132,074 $287,119 $3,120
2019 $152,005 $129,485 $281,490 $3,098
2018 $149,025 $126,947 $275,972 $3,061
2017 $146,103 $124,458 $270,561 $3,010
2016 $143,239 $122,018 $265,257 $2,844
2015 $141,088 $120,186 $261,274 $2,744
2014 $138,325 $117,832 $256,157 $2,643
2013 $137,700 $117,300 $255,000 $2,634
2012 $134,000 $115,000 $249,000 $2,569
2010 $133,000 $125,000 $258,000 $2,635
2009 $162,000 $148,000 $310,000 $3,177
2008 $214,000 $175,000 $389,000 $4,006
2007 $244,389 $223,686 $468,075 $4,815

Property facts

Year built
1987
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,770 sqft
Lot size
1,770 sqft
ZIP code
93420
City
Arroyo Grande
Street
Spruce St
Coordinates
35.11582, -120.60253

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
$5,664
Gross rental yield
11.62%
Implied cap rate
7.55%
Trend-extrapolated value

Frequently asked questions

When did 261 Spruce St last sell?
261 Spruce St most recently sold on Apr 19, 2022 for $585,000.
What is the current tax assessment for 261 Spruce St?
The most recent total assessment for 261 Spruce St (year 2025) is $620,806 with $6,631 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 $585,000.
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 3 bed, 3 bath, 1,770 sqft, 1,770 sqft lot townhomes.
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 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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