NOT LISTED FOR SALE

1155 Montecito Ridge Dr Arroyo Grande, CA 93420

Estimated Value: $2,054,875 - $2,473,000

5 Acres
$448,994 Price per Acre
217,800 Sq Ft Lot

Last Sold June 19, 2015

Last sale price $390,000

Est. 476% increase in value since last sale

Current estimated payment $13,137/month

761 Days on Market

Highlights

  • View of Trees or Woods
  • Agricultural
  • Paved or Partially Paved Lot
  • Arroyo Grande High School Rated A-

About This Lot

As of June 2015

Welcome to Montecito Ridge. A gated community with luxury homes throughout. This property is located in one of the best climates in the county offering 5 acres, an individual well and a small orchard of avocados and citrus trees. With it's rural setting and minutes to downtown Arroyo Grande and the Village this property is perfect for anyone wanting to build their custom dream home.

Last Agent to Sell the Property

Ken Ardouin

RE/MAX Success License #01275136 Listed on: 04/03/2013

RE/MAX Success

Last Buyer's Agent

Steve Hopkins

California Coastal Real Estate License #01721304

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,111

Lot Details

  • 5 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R,SFR

Additional Features

  • Views of Woods
  • Agricultural
  • Shared Well

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044313036

Property Details

Property Type

Land

Est. Annual Taxes

$14,111

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Single Family.
  • Subdivision Name Other: Sea Clift Estates(500)
  • Zoning: R,SFR
  • Property Type: Land
  • Parcel Number: 044313036
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.79

Exterior Features

  • View: Trees/Woods

Utilities

  • Water Source: Shared Well
  • Water Well: No

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Features: Agricultural - Tree/Orchard, Sloped Down, Level with Street, Paved
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lot Size Area: 217800.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
May 12, 2015
Sold by
Robson Travis B and Robson Clifford
Bought by
Murphy Family Trust
Seller's Agent
Ken Ardouin
RE/MAX Success
Buyer's Agent
Steve Hopkins
California Coastal Real Estate
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$2,244,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,854,969
Avg. Annual Appreciation
18.08%
Original Mortgage
$100,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2003
Sold by
Robson Vicky Latrece
Bought by
Robson Cifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2003
Sold by
Montecito Ridge Estate Llc
Bought by
Robson Travis B and Robson Clifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.5%
Mortgage Type
Unknown
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
Murphy Family Trust $390,000 Fidelity National Title Co
Robson Cifford -- First American Title Company
Robson Travis B $510,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Nicholas James $956,500
Closed Murphy Family Trust $100,000
Previous Owner Robson Travis B $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $390,000 -2.3% --
05/04/2015 05/04/15 Pending -- -- --
04/03/2013 04/03/13 For Sale $399,000 -- --
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 $14,111 $1,371,939 $495,813 $876,126
2024 $13,950 $1,345,040 $486,092 $858,948
2023 $13,950 $1,318,667 $476,561 $842,106
2022 $13,739 $1,292,812 $467,217 $825,595
2021 $13,714 $1,267,463 $458,056 $809,407
2020 $13,558 $1,254,468 $453,360 $801,108
2019 $13,474 $1,229,871 $444,471 $785,400
2018 $9,747 $882,756 $405,756 $477,000
2017 $4,993 $451,800 $397,800 $54,000
2016 $4,146 $390,000 $390,000 $0
2015 $4,256 $400,000 $400,000 $0
2014 $3,814 $365,000 $365,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SL195245

California Regional Multiple Listing Service (CRMLS)

APN: 044-313-036