NOT LISTED FOR SALE

1055 Meadow Way Arroyo Grande, CA 93420

Estimated Value: $437,724 - $676,000

1 Bed
1 Bath
703 Sq Ft
$756/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $280,000 $398 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,251/month

50 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • L-Shaped Dining Room
  • Ocean View Elementary School Rated A-
  • Park or Greenbelt View
  • Patio

About This Home

As of April 2015

Centrally located to the village of Arroyo Grande, in the lovely and well maintained community of Oak Park Leisure Gardens. This newly renovated single-story 1 bedroom, 1 bath 1 car garage home is a real charmer. With hardwood and ceramic tile floors throughout and an open floorpan with large windows to allow in the light. The kitchen features new appliances, new tile counter-tops and backsplash, recessed lighting and porcelain tile floors. It also has a darling dining area with glass doors that lead out to the back deck and low maintenance garden area. The large master bedroom features a large closet and hardwood floors. This home is absolutely impeccably maintained and beautifully located in the community near the large club house and walking trails.

Last Agent to Sell the Property

Joesef Silva-Jackson

SLO Life Realty Group License #01208980 Listed on: 02/26/2015

Last Buyer's Agent

Raul Hernandez

CornerStone Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 1979

Lot Details

  • 1,311 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Planned Development
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 703 Sq Ft Home
  • Family Room
  • L-Shaped Dining Room
  • Wood Flooring
  • Park or Greenbelt Views

Kitchen

  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 007885027

Community Details

Overview

  • Master Insurance
  • Oak Park Leisure Gardens Association
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,481

Year Built

Built in 1979

Lot Details

0

HOA Fees

$175 per month

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Sea Clift Estates(500)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007885027
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Living Area: 703.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Ell, Dining Room
  • Levels: One
  • Price Per Square Foot: 398.29
  • Room Type: Family Room, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooking, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Insurance, Management
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: Oak Park Leisure Gardens
  • Senior Community: No

Lot Info

  • Lot Features: Paved, Planned Unit Development
  • Lot Size Sq Ft: 1311.00
  • Lot Size Acres: 0.0300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Mar 26, 2015
Sold by
Bieber Barbara J
Bought by
Farmer Chris and Farmer Olivia N
Seller's Agent
Joesef Silva-Jackson
SLO Life Realty Group
Buyer's Agent
Raul Hernandez
CornerStone Real Estate
List Price
$294,000
Sold Price
$280,000
Premium/Discount to List
-$14,000
-4.76%
Current Estimated Value
$531,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,181
Avg. Annual Appreciation
6.27%
Original Mortgage
$210,000
Outstanding Balance
$160,958
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$370,223

Purchase Details

Closed on
Jul 11, 2013
Sold by
Lordus Ginger Shekina
Bought by
Bieber Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Lordus Ginger Shekina
Bought by
Lordus Ginger Shekina

Purchase Details

Closed on
May 5, 2006
Sold by
West Gail
Bought by
Lordus Ginger Shekina

Purchase Details

Closed on
Oct 24, 2002
Sold by
Banning Ann T
Bought by
Banning Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.95%

Purchase Details

Closed on
Oct 23, 2002
Sold by
Banning Ann T
Bought by
Banning Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.95%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Banning Ann T
Bought by
Banning Ann T

Purchase Details

Closed on
Nov 26, 1997
Sold by
Cox Edward R and Mumau Lena Elizabeth
Bought by
Banning Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7.16%
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
Farmer Chris $280,000 First American Title Company
Bieber Barbara J $265,000 Fidelity National Title Co
Lordus Ginger Shekina -- None Available
Lordus Ginger Shekina -- None Available
Banning Ann T -- Fidelity Title Company
Banning Ann T -- Fidelity Title Company
Banning Ann T -- --
Banning Ann T $98,000 Cuesta Title Guarant Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Chris $210,000
Previous Owner Bieber Barbara J $208,000
Previous Owner Banning Ann T $65,000
Previous Owner Banning Ann T $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $280,000 -4.3% $398 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/11/2015 03/11/15 Price Changed $292,700 -0.4% $416 / Sq Ft
02/26/2015 02/26/15 For Sale $294,000 0.0% $418 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $294,000 -- $418 / 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 $3,481 $336,508 $168,254 $168,254
2024 $3,441 $329,910 $164,955 $164,955
2023 $3,441 $323,442 $161,721 $161,721
2022 $3,389 $317,100 $158,550 $158,550
2021 $3,383 $310,884 $155,442 $155,442
2020 $3,344 $307,698 $153,849 $153,849
2019 $3,320 $301,666 $150,833 $150,833
2018 $3,280 $295,752 $147,876 $147,876
2017 $3,226 $289,954 $144,977 $144,977
2016 $3,047 $284,270 $142,135 $142,135
2015 $2,842 $270,293 $163,196 $107,097
2014 $2,737 $265,000 $160,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1051392

California Regional Multiple Listing Service (CRMLS)

APN: 007-885-027