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Price
$ 700,000
Available: 
Price:  Increased
house for sale
Listed: 08/03/22

681 Newlove Drive, Santa Maria, CA 93454, USA

Single Family Residence, Bungalow

3Bed:
1Bath:
1,352 Sq FtLiving Area:
1948Year Built:
1 Sq FtLot Size:

Virtual Tour

house Description
679 & 681 are being sold together for their development opportunity. 679 is priced at $550K and 681 is priced at $700K - totally $1.25M. Rare DEVELOPMENT OPPORTUNITY for two adjacent lots totaling 1.44 acres. The properties are currently single family residences with the remnants of a dog kennel. This prime location is well aligned with the current need for housing. Each site is zoned R-2 (Medium Density Residential). Per the City of Santa Maria Planning Department, 17 units total could potentially be developed on the combined lots and a Conditional Use Permit would be required prior to developing. Also, per the City of Santa Maria, a higher density could potentially be accomplished typically with more low income affordable units.…  Full description

Amenities

Home Details
Architecture Style
Bungalow
Santa Maria Housing & Living
Average sale prices for houses as of Aug, 2022.
House sizeAugvs Last Month
1 bed houses$94,450+87.2%
2 bed houses$308,204+115.3%
3 bed houses$651,488+11.7%
4+ bed houses$693,825-25.7%
Property TypeAugvs Last Month
Townhouses for sale$749,000+98%
Condos for sale$368,100-6.4%
Duplexes for sale$788,225-31.5%
Apartments for sale$167,011N/A
Prices depend on real estate size/amenities and are based on the Rentberry platform statistics.
Household Income
Median household income: $55,485
Number of households: 27,771
The average household income in Santa Maria, CA grew from $51,939 to $55,485 in the past year. This data is an estimate based upon 27,771 households in Santa Maria, CA.
The chart below presents how household income is distributed in Santa Maria, CA in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Maria, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Maria, CA equals $3k+, which is less than the national average.