NOT LISTED FOR SALE

1250 Farroll Ave Arroyo Grande, CA 93420

Estimated Value: $571,000 - $807,000

0.23 Acre
$2,941,930 Price per Acre
10,200 Sq Ft Lot

Last Sold May 16, 2019

Last sale price $290,000

Est. 138% increase in value since last sale

Current estimated payment $3,882/month

251 Days on Market

Highlights

  • View of Hills
  • No HOA
  • 4-minute walk to Costa Bella Park
  • Arroyo Grande High School Rated A-

About This Lot

As of May 2019

This lot is zoned multifamily and holds development potential for additional units. Lot is zoned multifamily 9 units per acre. With the 10,200 SF you may be able up to 2 units, buyer to verify with city. Lot coverage up to 40%, two stories allowed. You could split the lot and sell them off individually, build the units and sell them, or build and hold!

This land is 2.2 miles from the beach, 15 miles from San Luis Obispo, one of the only multifamily lots in Arroyo Grande still available.

Land is located very close to Harloe Elementary, the Dog Park, and sports fields. If you are interested in this property, make an offer!

Last Agent to Sell the Property

Owen Schwaegerle

Keller Williams Realty Central Coast License #02040597 Listed on: 08/07/2018

Keller Williams Realty Central Coast

Last Buyer's Agent

Kyle Perhac

Home & Ranch Sotheby's Intl License #02003379

Home & Ranch Sotheby's Intl

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,308

Lot Details

  • 10,200 Sq Ft Lot
  • Density is 6-10 Units/Acre
  • Property is zoned MF

Additional Features

  • Views of Hills
  • Suburban Location

Community Details

  • No Home Owners Association
  • West Of 101 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077241032

Property Details

Property Type

Land

Est. Annual Taxes

$3,308

Lot Details

0

Listing Details

  • Subdivision Name Other: West of 101(1000)
  • View: Yes
  • Zoning: MF
  • Property Type: Land
  • Parcel Number: 077241032
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 28.43

Exterior Features

  • View: Hills

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10200.00
  • Lot Size Acres: 0.2342

Multi Family

  • Lot Size Area: 10200.0000 Square Feet

Tax Info

  • Tax Census Tract: 119.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Kaur Harpinder
Bought by
Harpinder Kaur Revocable Living Trust and Kaur
Current Estimated Value
$689,000

Purchase Details

Listed on
Aug 7, 2018
Closed on
May 13, 2019
Sold by
King Jacqueline Gail
Bought by
Singh Bhajan and Kaur Harpinder
Seller's Agent
Owen Schwaegerle
Keller Williams Realty Central Coast
Buyer's Agent
Kyle Perhac
Home & Ranch Sotheby's Intl
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$140,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2018
Closed on
May 6, 2019
Sold by
King Consulting Services Llc
Bought by
King Jacqueline Gail
Seller's Agent
Owen Schwaegerle
Keller Williams Realty Central Coast
Buyer's Agent
Kyle Perhac
Home & Ranch Sotheby's Intl
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2008
Sold by
King Jacqueline Gail
Bought by
King Consulting Services Llc

Purchase Details

Closed on
Jun 28, 1995
Sold by
Abedun Concrete Inc
Bought by
King Jacqueline Gail
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harpinder Kaur Revocable Living Trust -- None Listed On Document
Singh Bhajan $290,000 Fnt South County Coast Ctr
King Jacqueline Gail -- None Available
King Consulting Services Llc -- Accommodation
King Jacqueline Gail $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Bhajan $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $290,000 -3.0% --
04/15/2019 04/15/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $299,000 0.0% --
09/11/2018 09/11/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $299,000 -- --
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 $3,308 $564,313 $167,313 $397,000
2024 $3,308 $943,255 $317,155 $626,100
2023 $3,308 $310,937 $310,937 $0
2022 $3,682 $304,841 $304,841 $0
2021 $3,252 $298,864 $298,864 $0
2020 $3,215 $295,800 $295,800 $0
2019 $91 $8,271 $8,271 $0
2018 $90 $8,109 $8,109 $0
2017 $88 $7,950 $7,950 $0
2016 $84 $7,795 $7,795 $0
2015 $83 $7,678 $7,678 $0
2014 $171 $7,528 $7,528 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18192961

California Regional Multiple Listing Service (CRMLS)

APN: 077-241-032