NOT LISTED FOR SALE

1230 Corberosa Dr Arroyo Grande, CA 93420

Estimated Value: $913,000 - $1,019,630

2 Beds
2 Baths
1,329 Sq Ft
$722/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $800,000 $602 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,474/month

8 Days on Market

Highlights

  • Ocean View
  • Bonus Room
  • Workshop
  • Arroyo Grande High School Rated A-
  • No HOA
  • Living Room

About This Home

As of September 2023

CASH OFFERS ONLY. This property is a blank canvas waiting for your creativity. Located on 2.56 acres of land, just 7 minutes from downtown Arroyo Grande. The property has the potential to be a beautiful home, but it will require a general contractor to bring it to life. The true square footage of the house is not properly represented by what is recorded, so there is the potential for a lot of additional space. The property also includes an additional shop located on the property with over 1000 sqft and a disconnected garage.

This is a great opportunity for an investor.

Last Agent to Sell the Property

Joseph Silva

License #02158753 Listed on: 08/05/2023

Co-Listed By

Aurmon Banitaba

License #02040003

Last Buyer's Agent

Aurmon Banitaba

License #02040003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,333

Year Built

  • Built in 1979

Lot Details

  • 2.56 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned RS

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Coastline
  • Dune
  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,329 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Bonus Room
  • Workshop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Heating
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 044322068

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,333

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044322068
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1329.00 Square Feet
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 601.96
  • Room Type: Bonus Room, Living Room, Workshop

Exterior Features

  • View: Dunes, Coastline, Hills, Mountain(s), Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Conventional Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 111550.00
  • Lot Size Acres: 2.5608
  • Latitude Manual: 35.14935400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 111550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 123.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Aug 24, 2023
Sold by
Webb Charles
Bought by
Franck Family Trust and Franck
Seller's Agent
Joseph Silva
Buyer's Agent
Aurmon Banitaba
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%
Views
87
Current Estimated Value
$959,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,658
Avg. Annual Appreciation
10.50%

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 14, 2022
Sold by
Webb Donna
Bought by
Webb Charles
Seller's Agent
Steve Simoulis
Seven Peaks Real Estate & Development
Buyer's Agent
Chelsea King
Invest SLO
List Price
$879,000
Sold Price
$741,500
Premium/Discount to List
-$137,500
-15.64%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$792,000
Interest Rate
4.99%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2014
Sold by
Steven And Linda Lockyer Family Trust
Bought by
Turner Land And Home Llc and Webb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
4.99%
Mortgage Type
Construction
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
Franck Family Trust $800,000 First American Title
Webb Charles -- Fidelity National Title
Turner Land And Home Llc $741,500 Fidelity National Title
Turner Land And Home Llc $741,500 Fidelity National Title
Steven & Linda Lockyer Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Charles $792,000
Previous Owner Lockyer Steven J $220,000
Previous Owner Turner Land And Home Llc $792,000
Previous Owner Lockyer Steven J $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $800,000 +6.8% $602 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $749,000 +1.0% $564 / Sq Ft
09/16/2022 09/16/22 Sold $741,500 -15.6% $558 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $879,000 -- $661 / 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 $4,333 $428,397 $221,584 $206,813
2024 $7,844 $419,998 $217,240 $202,758
2023 $7,844 $741,500 $475,000 $266,500
2022 $3,156 $304,010 $159,285 $144,725
2021 $3,149 $298,050 $156,162 $141,888
2020 $3,112 $294,995 $154,561 $140,434
2019 $3,092 $289,212 $151,531 $137,681
2018 $3,054 $283,542 $148,560 $134,982
2017 $2,995 $277,984 $145,648 $132,336
2016 $2,823 $272,535 $142,793 $129,742
2015 $2,782 $268,443 $140,649 $127,794
2014 $2,677 $263,185 $137,894 $125,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23144337

California Regional Multiple Listing Service (CRMLS)

APN: 044-322-068