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587 Valley Rd

Arroyo Grande, CA 93420

2 bd 2 ba 1,658 sqft Built 1938 Lot 318,859 sqft single_family
Most recent sale
$1,600,000
Jan 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2024 Listing removed $1,650,000 NSBCRMLS
Jan 9, 2024 Sold $1,600,000 Public Record
Oct 26, 2023 Listed $1,650,000 NSBCRMLS
Oct 4, 2023 Price changed $1,650,000 CRMLS
Jul 3, 2023 Price changed $1,774,000 CRMLS
May 3, 2023 Price changed $1,799,000 CRMLS
Apr 10, 2023 Listed $1,899,000 CRMLS
Jan 21, 2023 Listing removed CRMLS
May 18, 2022 Listed $1,899,000 MLS #NS22100957
Apr 13, 2022 Listing removed CRMLS
Mar 29, 2022 Price changed $1,950,000 MLS #PI21258526
Dec 3, 2021 Listed $1,999,000 MLS #PI21258526
Dec 3, 2021 Price changed $1,999,000 MLS #PI21186748
Sep 10, 2021 Price changed $2,400,000 MLS #PI21186748
Aug 24, 2021 Listed $2,500,000 MLS #PI21186748
Jul 29, 2020 Listing removed CRMLS
May 12, 2020 Listed $1,750,000 MLS #PI20089623
Apr 14, 2020 Listing removed NSBCRMLS
Apr 7, 2020 Listing removed CRMLS
Feb 27, 2020 Listed $1,750,000 MLS #20000484

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $612,000 $1,020,000 $1,632,000 $17,433
2024 $612,000 $1,020,000 $1,632,000 $1,158
2023 $44,529 $63,136 $107,665 $1,145
2022 $43,656 $61,899 $105,555 $1,128
2021 $42,800 $60,686 $103,486 $1,125
2020 $42,362 $60,064 $102,426 $1,113
2019 $41,532 $58,887 $100,419 $1,105
2018 $40,718 $57,733 $98,451 $1,092
2017 $39,920 $56,601 $96,521 $1,074
2016 $39,138 $55,492 $94,630 $1,014
2015 $38,551 $54,659 $93,210 $1,006
2014 $37,796 $53,589 $91,385 $970
2013 $37,626 $53,347 $90,973 $966
2012 $36,889 $52,301 $89,190 $947
2010 $35,896 $50,893 $86,789 $838
2009 $35,982 $51,014 $86,996 $839

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,658 sqft
Lot size
318,859 sqft
ZIP code
93420
City
Arroyo Grande
Street
Valley Rd
Coordinates
35.11169, -120.57845

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,306
Gross rental yield
3.98%
Implied cap rate
2.59%
Trend-extrapolated value

Frequently asked questions

When did 587 Valley Rd last sell?
587 Valley Rd most recently sold on Jan 9, 2024 for $1,600,000.
What is the current tax assessment for 587 Valley Rd?
The most recent total assessment for 587 Valley Rd (year 2025) is $1,632,000 with $17,433 in property tax.
How does 587 Valley Rd's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $1,600,000.
When was 587 Valley Rd built?
587 Valley Rd was built in 1938.
How does 587 Valley Rd compare to others on Valley Rd?
We track 7 other properties on Valley Rd. Browse the list under "Other properties on Valley Rd" to compare beds, baths, and sale history.
What are the property facts for 587 Valley Rd?
587 Valley Rd is a 2 bed, 2 bath, 1,658 sqft, 318,859 sqft lot single_family.
Is 587 Valley Rd a flip candidate?
No — 587 Valley Rd does not appear in our flips dataset.
Is 587 Valley Rd a tax-appeal candidate?
No — 587 Valley Rd 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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