NOT LISTED FOR SALE

1070 Montecito Ridge Dr Arroyo Grande, CA 93420

Estimated Value: $1,945,000 - $2,267,000

7 Acres
$308,443 Price per Acre
304,920 Sq Ft Lot

Last Sold March 05, 2019

Last sale price $280,000

Est. 671% increase in value since last sale

Current estimated payment $13,070/month

69 Days on Market

Highlights

  • View of Trees or Woods
  • 7 Acre Lot
  • Cul-De-Sac
  • Arroyo Grande High School Rated A-
  • Wooded Lot
  • Up Slope from Street

About This Lot

As of March 2019

Build your dream home on this 7 acre parcel located within the gated community of Montecito Ridge where luxury homes are nestled within the oak and manzanita studded hills. Great views of the surrounding hills from the building site located at the back of the lot for added privacy. Utilities and Well on property. Just a few minutes to the town of Arroyo Grande, downtown San Luis Obispo, beautiful beaches and world class wineries.

Last Agent to Sell the Property

Hal Sweasey

Keller Williams Realty Central Coast License #01111911 Listed on: 10/18/2018

Keller Williams Realty Central Coast

Last Buyer's Agent

Marty Mohamed

Cadwell & Co. License #01939169

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,792

Lot Details

  • 7 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned RR

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Up Slope from Street

Property Views

  • Woods
  • Hills

Utilities

  • Well

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 044313030

Community Details

Overview

  • Montecito Ridge Association, Phone Number (805) 459-7090
  • East Of 101 Subdivision

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$16,792

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Other Phone Description: Team Sweasey
  • Other Phone Number: 805-592-2724
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 044313030
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.92

Exterior Features

  • View: Hills, Trees/Woods

Utilities

  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 2000.00
  • Association Fee Frequency: Annually
  • Association Name: Montecito Ridge
  • Phone: 805-459-7090
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Treed Lot, Up Slope from Street
  • Lot Size Sq Ft: 304920.00
  • Lot Size Acres: 7.0000

Multi Family

  • Lot Size Area: 304920.0000 Square Feet

Tax Info

  • Tax Census Tract: 123.02
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2019
Sold by
Montecio Ridge Estates Llc
Bought by
Strickland Bryan and Strickland Kim
Current Estimated Value
$2,159,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,380
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Strickland Bryan $280,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickland Bryan $350,000
Open Strickland Bryan $925,000
Closed Strickland Bryan $140,000
Closed Strickland Bryan $775,000
Previous Owner Strickland Bryan $228,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $280,000 -6.4% --
12/26/2018 12/26/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $299,000 -- --
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 $16,792 $1,632,590 $365,403 $1,267,187
2024 $16,600 $1,600,580 $358,239 $1,242,341
2023 $16,600 $1,569,197 $351,215 $1,217,982
2022 $6,918 $650,929 $294,329 $356,600
2021 $3,122 $288,558 $288,558 $0
2020 $3,087 $285,600 $285,600 $0
2019 $2,137 $195,092 $195,092 $0
2018 $2,112 $191,267 $191,267 $0
2017 $2,072 $187,517 $187,517 $0
2016 $1,955 $183,841 $183,841 $0
2015 $1,927 $181,080 $181,080 $0
2014 $1,855 $177,533 $177,533 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18250784

California Regional Multiple Listing Service (CRMLS)

APN: 044-313-030