1084 Terra Way San Luis Obispo, CA 93405
San Luis Ranch Neighborhood
3
Beds
2.5
Baths
1,339
Sq Ft
3,200
Sq Ft Lot
Highlights
- Under Construction
- Solar Power System
- Open Floorplan
- C.L. Smith Elementary School Rated A
- Primary Bedroom Suite
- Mountain View
About This Home
As of September 2024*This is a Below Market Rate (BMR) Workforce Affordable Home. Purchaser must meet the 2023 Annual Income Requirements set forth by the City of San Luis Obispo. Purchase Contract will be subject to final approval by the City of San Luis Obispo and any third party that will assist in the purchase process . A prequalification by Legacy’s Preferred Lender will be required. Take advantage of this rare opportunity to own a home in the desirable San Luis Ranch community! Welcome to the Legacy Collection, an all-electric community nestled in the heart of San Luis Obispo with convenient access to shopping and an abundance of outdoor activities. This single-level 3-bedroom and 2-bathroom home showcases an open floor plan with beautiful, vaulted ceilings in the kitchen and great room areas. The finishes in the home include wood-look laminate flooring throughout the main living areas, lush carpet in all bedrooms, and tile flooring in the bathrooms and indoor laundry room. The kitchen offers ample cabinet space with undermount lighting, stainless-steel appliances, & a gorgeous smooth-surface quartz countertop. Enjoy the spacious primary bedroom with an elegant bathroom ensuite boasting dual vanity sinks, spacious shower, and walk-in-closet. Additional appointed features in the home include air conditioning, solar panels, and a 2-car garage. Extend your outdoor enjoyment with the amenities found in the neighborhood park, along the active fitness loop, or at the upcoming Farm & Marketplace with community gardens!
Last Agent to Sell the Property
SLO Ranch Realty Inc. Brokerage Phone: 805-345-8062 License #02024564 Listed on: 05/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,627
Year Built
- Built in 2024 | Under Construction
Lot Details
- 3,200 Sq Ft Lot
- Wood Fence
- Drip System Landscaping
- Level Lot
- Front Yard Sprinklers
- Back and Front Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $120 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Public Parking
- Front Facing Garage
- Two Garage Doors
- Garage Door Opener
- On-Street Parking
Property Views
- Mountain
- Hills
- Neighborhood
Home Design
- Planned Development
- Fire Rated Drywall
- Cellulose Insulation
- Composition Roof
- Concrete Perimeter Foundation
- Hardboard
- Stucco
Interior Spaces
- 1,339 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Sliding Doors
- ENERGY STAR Qualified Doors
- Insulated Doors
- Family Room Off Kitchen
- Living Room
- Utility Room
- Laminate Flooring
Kitchen
- Open to Family Room
- Breakfast Bar
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Granite Bathroom Countertops
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Shower
- Low Flow Toliet
- Bathtub with Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Accessible Home Design
- No Interior Steps
Eco-Friendly Details
- ENERGY STAR Qualified Appliances
- Energy-Efficient HVAC
- Energy-Efficient Insulation
- Energy-Efficient Doors
- ENERGY STAR Qualified Equipment for Heating
- Solar Power System
- Solar Heating System
Outdoor Features
- Slab Porch or Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
- Suburban Location
Utilities
- High Efficiency Air Conditioning
- High Efficiency Heating System
- Air Source Heat Pump
- Underground Utilities
- Natural Gas Not Available
- ENERGY STAR Qualified Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 053154031
Community Details
Overview
- Legacy Collection Association, Phone Number (916) 740-2462
- Riverside Mgt. Co. HOA
- Built by Coastal Community Builders
- Plan O
- Foothills
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
Recreation
- Community Playground
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2024
Sold by
Presidio Mi Slr 198 Llc
Bought by
Sewell Matthew and Sewell Priscilla
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,250
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 2023
Sold by
Mi San Luis Ranch Llc
Bought by
Presidio Mi Slr 198 Llc
Similar Homes in San Luis Obispo, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $659,000 | First American Title | |
| Grant Deed | $14,024,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $256,300 | No Value Available | |
| Previous Owner | $502,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2024 09/24/24 | Sold | $658,700 | 0.0% | $492 / Sq Ft |
| 07/21/2024 07/21/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $658,700 | -- | $492 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,627 | $658,700 | $300,000 | $358,700 |
| 2024 | $1,441 | $237,700 | $237,700 | -- |
| 2023 | $1,441 | $130,226 | $130,226 | $0 |
| 2022 | $1,351 | $127,673 | $127,673 | $0 |
| 2021 | $1,304 | $122,749 | $122,749 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kayla Hanks
K
Seller's Agent in 2024
Kayla Hanks
SLO Ranch Realty Inc.
(805) 431-4406
15 in this area
16 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
None MRML
(646) 541-2551
18 in this area
5,836 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC24107842
APN: 053-154-031
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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