NOT LISTED FOR SALE

1225 Montecito Ridge Dr Arroyo Grande, CA 93420

Estimated Value: $460,308

7 Acres
$65,758 Price per Acre
304,920 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $425,000

Est. 8% increase in value since last sale

Current estimated payment $3,074/month

41 Days on Market

Highlights

  • Ocean View
  • 7 Acre Lot
  • Wooded Lot
  • Arroyo Grande High School Rated A-
  • Secluded Lot
  • Foothills

About This Lot

As of June 2022

Don’t miss the opportunity to own this hilltop lot with beautiful ocean and valley views! Located in the exclusive gated community of Montecito Ridge, build your dream home in a majestic setting on your own 7 acres of land. Enjoy the privacy that this lot offers while being only 3 miles from the downtown village in Arroyo Grande. Not to mention only a 10-minute drive to the beach and 15 minutes to downtown San Luis Obispo. The lot has access to utilities and a private well. Bring your builder and create a home you'll love on the coveted Central Coast!

Last Agent to Sell the Property

Lindsey Harn

Christie's International Real Estate Sereno License #01868098 Listed on: 04/08/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Denise Martin

Blair Properties License #01065550

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,639

Lot Details

  • 7 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RR, Rural Residential

HOA Fees

  • $167 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Mountain
  • Hills

Utilities

  • Well
  • Sewer Not Available
  • Phone Available

Community Details

  • Montecito Ridge Association, Phone Number (805) 459-7090
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 044313034

Property Details

Property Type

Land

Est. Annual Taxes

$4,639

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Road Surface Type: Unpaved
  • Subdivision Name Other: Montecito Ridge
  • View: Yes
  • Well Report: Yes
  • Zoning: RR
  • Zoning Description: Rural Residential
  • Property Type: Land
  • Parcel Number: 044313034
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.39

Exterior Features

  • View: Coastline, Hills, Mountain(s), Ocean

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available
  • Electric: Standard
  • Sewer: None
  • 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: Foothills, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Lot Over 40000 Sqft, Irregular Lot, Rolling Slope, Secluded, Treed Lot
  • Lot Size Sq Ft: 304920.00
  • Lot Size Acres: 7.0000

Multi Family

  • Lot Size Area: 7.0000 Acres

Tax Info

  • Tax Map Number: 1648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Mike Lisiak
Bought by
Smith William
Current Estimated Value
$460,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$188,882
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$264,496

Purchase Details

Closed on
Apr 27, 2020
Sold by
Lisiak Mike
Bought by
Smith William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2019
Sold by
Smith Melissa Fulton
Bought by
Smith William

Purchase Details

Closed on
Jan 4, 2019
Sold by
Susan E Berch Inc
Bought by
Smith William and Lisiak Mike

Purchase Details

Listed on
Oct 1, 2012
Closed on
Feb 27, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Susan E Berch Inc
Seller's Agent
Joann Outland
Outland and Associates Real Estate
Buyer's Agent
Joann Outland
Outland & Associates R.E.
List Price
$309,000
Sold Price
$150,000
Premium/Discount to List
-$159,000
-51.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Sep 18, 2012
Sold by
Robles Freda A and Valley Yolanda R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 23, 2007
Sold by
Roberts Valentina N
Bought by
Roberts Valentina N

Purchase Details

Closed on
Sep 28, 2006
Sold by
Roberts Dean
Bought by
Roberts Valentina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2006
Sold by
Montecito Ridge Estates Llc
Bought by
Robles Freda A and Valleley Yolanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
5.87%
Mortgage Type
Balloon
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
Smith William -- First American Title
Smith William -- First American Title Company
Smith William -- First American Title Co
Smith William $210,000 First American Title
Susan E Berch Inc $157,500 Servicelink
Deutsche Bank National Trust Company $275,963 Pacific Coast Title
Roberts Valentina N -- None Available
Roberts Valentina N -- First American Title Co
Robles Freda A -- First American Title Co
Valleley Yolanda R -- First American Title Co
Robles Freda A $745,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith William $210,000
Previous Owner Smith William $210,000
Previous Owner Robles Freda A $596,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $425,000 -7.6% --
05/19/2022 05/19/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $460,000 +206.7% --
03/29/2013 03/29/13 Sold $150,000 -51.5% --
02/28/2013 02/28/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $309,000 -- --
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 $4,639 $451,013 $451,013 --
2024 $4,586 $442,170 $442,170 --
2023 $4,586 $433,500 $433,500 $0
2022 $2,346 $220,747 $220,747 $0
2021 $2,459 $216,419 $216,419 $0
2020 $2,315 $214,200 $214,200 $0
2019 $3,024 $275,975 $275,975 $0
2018 $2,988 $270,564 $270,564 $0
2017 $2,932 $265,259 $265,259 $0
2016 $2,765 $260,058 $260,058 $0
2015 $2,725 $256,152 $256,152 $0
2014 $2,624 $251,135 $251,135 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22061420

California Regional Multiple Listing Service (CRMLS)

APN: 044-313-034