NOT LISTED FOR SALE

1051 Meadow Way Arroyo Grande, CA 93420

Estimated Value: $603,000 - $644,000

2 Beds
2.5 Baths
1,312 Sq Ft
$185/mo HOA Fee

Last Sold March 27, 2020

Last sale price $414,000 $316 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,866/month

74 Days on Market

Highlights

  • No Units Above
  • View of Trees or Woods
  • Contemporary Architecture
  • Ocean View Elementary School Rated A-
  • Open Floorplan
  • Private Yard

About This Home

As of March 2020

AG MUST SEE! this 2-bedroom, 2.5-bathroom townhouse in desirable Oak Park Leisure Gardens PUD community. An affordable east Arroyo Grande price point! Cute Kitchen boasts a new stainless steel sink, nice appliances, and a trash compactor. All interior walls, doors, and cabinets are freshly painted. Brand new tile and linoleum. Laminate flooring throughout the main living area with corner fireplace.Spacious master bedroom with a walk-in closet and a perfect private balcony. The second bedroom has amply space and a sizeable closet and the upstairs hall bath area is spacious and boasts a large linen closet. The courtyard patio is adjacent to green/open space and a foot trail. Large inside laundry room with ample storage space and additional storage under the stairs. The garage with a remote control door has finished walls for one car parking and there is parking in front of the garage AND an additional parking spot located close by this home is included. All of this plus more... A clubhouse for residence uses, in a privately situated community located close to shopping, medical offices, health clubs, beaches, wineries, restaurants, and public transportation and Hwy 101. Professionally managed community with low HOA fees. The spacious clubhouse is available for occupant use.

Last Agent to Sell the Property

Pamela Storton

Storton Properties License #00990447 Listed on: 12/14/2019

Last Buyer's Agent

Amber Morgan Wong

Richardson Sotheby's International Realty License #01915584

Richardson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Driveway
  • Parking Lot

Property Views

  • Woods
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 672
  • Assessor Parcel Number 007885025

Community Details

Overview

  • Master Insurance
  • 117 Units
  • Oak Park Leisure Gardens Association, Phone Number (805) 544-9093
  • The Management Trust HOA
  • Maintained Community
  • Greenbelt

Amenities

  • Recreation Room

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,684

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: stove, trash compactor
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: PD
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 007885025
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1312.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Storage, Tile Counters
  • Stories: 2
  • Entry Location: lower level
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 315.55
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Tile Counters, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Single Door, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Water Heater, Microwave, Trash Compactor
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Recreation Room, Insurance, Maintenance Grounds, Pet Rules, Pets Permitted, Weight Limit, Call for Rules, Management
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: Oak Park Leisure Gardens
  • Phone: 805-544-9093
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: The Management Trust

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Greenbelt, Landscaped, Level, Paved, Yard
  • Lot Size Sq Ft: 1500.00
  • Lot Size Acres: 0.0344

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1500.0000 Square Feet
  • Number Of Units In Community: 117
  • Number Of Units Total: 117

Tax Info

  • Tax Census Tract: 118.00
  • Tax Lot: 53
  • Tax Tract Number: 672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Lawson David N and Lawson Guadalupe Ornelas
Bought by
Lawson David Neal and Lawson Guadalupe Ornelas
Current Estimated Value
$622,639

Purchase Details

Listed on
Dec 14, 2019
Closed on
Feb 26, 2020
Sold by
Ohannesian Leland R and Ohannesian Nina M
Bought by
Lawson David N and Lawson Guadalupe Ornelas
Seller's Agent
Pamela Storton
Storton Properties
Buyer's Agent
Amber Morgan Wong
Richardson Sotheby's International Realty
List Price
$444,900
Sold Price
$414,000
Premium/Discount to List
-$30,900
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$401,580
Outstanding Balance
$354,978
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$267,661

Purchase Details

Closed on
Jul 10, 2017
Sold by
Ohannesian Leland R and Ohannesian Nina M
Bought by
Ohannesian Leland R and Ohannesian Nina M

Purchase Details

Listed on
Aug 30, 2012
Closed on
Sep 4, 2012
Sold by
Bowers Debbie Louise and Mock John Lambert
Bought by
Ohannesian Leland R and Ohannesian Nina M
Seller's Agent
Linda Fibich
Compass California, Inc.-PB
Buyer's Agent
Pamela Storton
Storton Properties
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Mar 19, 2009
Sold by
Bowers Debbie Louise and Mock John Lambert
Bought by
Bowers Debbie Louise and Mock John Lambert

Purchase Details

Closed on
Apr 29, 2003
Sold by
Mock Leo V and Mock Lucille
Bought by
Mock Leo and Mock Lucile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Mock Leo V and Mock Lucile
Bought by
Mock Leo and Mock Lucile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1994
Sold by
Mock Leo V and Mock Lucile
Bought by
Mock Leo V and Mock Lucile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
8.52%

Purchase Details

Closed on
May 20, 1994
Sold by
Mock Leo V and Mock Lucile
Bought by
Mock Leo and Mock Lucile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
8.52%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lawson David Neal -- None Available
Lawson David N $414,000 Placer Title Company
Ohannesian Leland R -- None Available
Ohannesian Leland R $249,000 Fidelity National Title Co
Bowers Debbie Louise -- None Available
Mock Leo -- Fidelity Title Company
Mock Leo -- Fidelity Title Company
Mock Leo V -- Ticor Title
Mock Leo -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson David N $401,580
Previous Owner Mock Leo $35,000
Previous Owner Mock Leo $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2020 03/27/20 Sold $414,000 -3.6% $316 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $429,500 -2.2% $327 / Sq Ft
02/01/2020 02/01/20 Price Changed $439,000 -1.3% $335 / Sq Ft
12/14/2019 12/14/19 For Sale $444,900 +78.7% $339 / Sq Ft
09/07/2012 09/07/12 Sold $249,000 0.0% $190 / Sq Ft View Prior Sale
09/02/2012 09/02/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $249,000 -- $190 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,684 $452,764 $180,449 $272,315
2024 $4,630 $443,887 $176,911 $266,976
2023 $4,630 $435,185 $173,443 $261,742
2022 $4,560 $426,653 $170,043 $256,610
2021 $4,551 $418,288 $166,709 $251,579
2020 $3,047 $280,364 $112,596 $167,768
2019 $3,025 $274,868 $110,389 $164,479
2018 $2,989 $269,479 $108,225 $161,254
2017 $2,939 $264,196 $106,103 $158,093
2016 $2,777 $259,017 $104,023 $154,994
2015 $2,754 $255,127 $102,461 $152,666
2014 -- $250,130 $100,454 $149,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20000733

California Regional Multiple Listing Service (CRMLS)

APN: 007-885-025