NOT LISTED FOR SALE

1220 Montecito Ridge Dr Arroyo Grande, CA 93420

Estimated Value: $2,824,000 - $3,484,000

5 Beds
3.5 Baths
5,014 Sq Ft
$646/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $2,375,000 $474 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $19,874/month

156 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • 4 Car Direct Access Garage
  • Arroyo Grande High School Rated A-
  • RV Hookup
  • Primary Bedroom Suite

About This Home

As of March 2021

Enjoy this Tuscan style home with sweeping ocean views from almost every room. Home sits high up on 5 acres in a gated community with views of the ocean, hills and valleys. Over 5,000 sqft of luxury living with high ceilings throughout and an open floor plan flooded with natural light. Master bath boasts of a huge walk-in shower an Jacuzzi tub. Never run out of hot water with 2 instant hot water heaters with recirculating systems. Cherry cabinets and granite counter tops throughout. Solid Mahogany doors and oversized casement windows to maximize the views. 5 Bedrooms, 3.5 baths, 2 of the bedrooms and a full bath are downstairs, ideal for family and guests. Grand entrance with Roman Columns, formal dining room, huge living room with double sided fireplace between the living room and family room. Beautiful kitchen with extra deep counter tops, breakfast bar and nook. Two oversized garage, plus RV hookups. Outdoor living at its best. Enjoy the beautiful sunset while cooking at your outdoor kitchen, wrought iron wood burning BBQ plus a natural gas grill and a fireplace to keep you warm, covered lounge area, granite counter tops, stainless steel cabinets and sink. Beautiful large salt water pool with swim jets, LED lighting, oversized heating system, walk on pool cover, SPA and outdoor shower. Zone controlled speaker system inside and out. Ideally located just minutes from Arroyo Grande Village, near restaurants, award winning wineries, beaches and airport.

Last Agent to Sell the Property

Glenda Muto

LPT Realty, Inc. License #01038878 Listed on: 09/10/2020

Last Buyer's Agent

Glenda Muto

LPT Realty, Inc. License #01038878 Listed on: 09/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,442

Year Built

  • Built in 2008

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Drip System Landscaping
  • Corners Of The Lot Have Been Marked
  • Front Yard Sprinklers
  • Property is zoned RR

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway
  • Driveway Level
  • Automatic Gate
  • RV Hookup

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Woods
  • Hills
  • Valley
  • Pool

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 5,014 Sq Ft Home
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Insulated Windows
  • Casement Windows
  • Panel Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Central Water Heater
  • Septic Type Unknown
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1648
  • Assessor Parcel Number 044313024

Community Details

Overview

  • Montecito Ridge Association, Phone Number (805) 543-2636
  • Farrell Smyth HOA
  • Foothills
  • Valley

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,442

Year Built

Built in 2008

Lot Details

0

HOA Fees

$167 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Country Road, Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Montecito Ridge
  • View: Yes
  • Zoning: RR
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044313024
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5014.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, High Ceilings, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Mirror Closet Door(s), Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Outside, Patio, Gas Starter, Wood Burning, Raised Hearth, See Through
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 473.67
  • Room Type: All Bedrooms Down, All Bedrooms Up, Dressing Area, Family Room, Formal Entry, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Utility Room, Walk-In Closet
  • Spa Features: Heated
  • Window Features: Casement Windows, Insulated Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Granite Counters, Jetted Tub, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Second Garage Attached, Shed(s)
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Coastline, Hills, Ocean, Panoramic, Pool, Trees/Woods, Valley, Water
  • Patio And Porch Features: Covered, Patio, Patio Open, Slab
  • Pool Features: Private, Heated, Gas Heat, In Ground, Pool Cover, Salt Water
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Combination, Driveway Level, Garage Faces Side, Garage Door Opener, Gated, RV Hook-Ups
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater Central, Water Line to Refrigerator, Self Cleaning Oven
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Well
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Management
  • Association Fee: 167.00
  • Association Fee Frequency: Monthly
  • Association Name: Montecito Ridge
  • Phone: 805-543-2636
  • Senior Community: No
  • Community Features: Foothills, Rural, Valley
  • Association Management: Farrell Smyth

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corners Marked, Landscaped, Lot Over 40000 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5.0000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 123.02
  • Tax Lot: 3
  • Tax Tract Number: 1648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Kaur Dillon Jagdeep and Singh Rajpal
Bought by
Kd Holdings Llc
Current Estimated Value
$3,237,299

Purchase Details

Listed on
Sep 10, 2020
Closed on
Feb 10, 2021
Sold by
Reed Robert D
Bought by
Dillon Jagdeep Kaur and Dillon Rajpal Singh
Seller's Agent
Glenda Muto
LPT Realty, Inc.
Buyer's Agent
Glenda Muto
LPT Realty, Inc.
List Price
$288,500,000
Sold Price
$2,375,000
Premium/Discount to List
-$286,125,000
-99.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Aug 2, 2006
Sold by
Montecito Ridge Estates Llc
Bought by
Reed Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 9, 2006
Sold by
Reed Eva Ilona
Bought by
Reed Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.87%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Kd Holdings Llc -- First American Title
Dillon Jagdeep Kaur $2,375,000 First American Title Company
Reed Robert D $725,000 First American Title Co
Reed Robert D -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dillon Jagdeep Kaur $750,000
Previous Owner Dillon Jagdeep Kaur $500,000
Previous Owner Reed Robert D $50,000
Previous Owner Reed Robert D $1,400,000
Previous Owner Reed Robert D $1,455,000
Previous Owner Reed Robert D $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $2,375,000 -10.4% $474 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/21/2021 01/21/21 Price Changed $2,650,000 -1.7% $529 / Sq Ft
11/05/2020 11/05/20 Price Changed $2,695,000 -3.6% $537 / Sq Ft
10/06/2020 10/06/20 Price Changed $2,795,000 -99.0% $557 / Sq Ft
09/10/2020 09/10/20 For Sale $288,500,000 -- $57,539 / 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 $26,442 $2,570,776 $1,082,432 $1,488,344
2024 $26,140 $2,520,369 $1,061,208 $1,459,161
2023 $26,140 $2,470,950 $1,040,400 $1,430,550
2022 $25,745 $2,422,500 $1,020,000 $1,402,500
2021 $22,879 $2,013,776 $915,573 $1,098,203
2020 $18,913 $1,750,000 $895,000 $855,000
2019 $19,173 $1,750,000 $895,000 $855,000
2018 $19,323 $1,750,000 $895,000 $855,000
2017 $18,236 $1,650,000 $750,000 $900,000
2016 $16,990 $1,598,000 $725,000 $873,000
2015 $15,959 $1,813,688 $824,602 $989,086
2014 $18,581 $1,778,162 $808,450 $969,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20188443

California Regional Multiple Listing Service (CRMLS)

APN: 044-313-024