NOT LISTED FOR SALE

131 E Cherry Ave Arroyo Grande, CA 93420

Estimated Value: $794,000 - $909,418

3 Beds
3 Baths
1,472 Sq Ft
$572/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $460,000 $312 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,018/month

68 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Laundry Room
  • Ocean View Elementary School Rated A-

About This Home

As of October 2019

Bright, open, airy floor plan, 1987 built ranch style home, 3 bed/2 bath. The home sits back off the road on a flag lot with lots of privacy. This home is located in the Village of Arroyo Grande. Just a short walk down to Heritage Square Park and across the Swinging Footbridge is The Village where you can grab a cup of coffee at the beautiful coffee shop, dine at the multiple restaurants, or visit our various antique shops!

Last Agent to Sell the Property

Mindie Spang

Andrews Real Estate Group Inc License #01968323 Listed on: 07/17/2019

Last Buyer's Agent

Chandra Needelman

Platinum Properties License #01398636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,204

Year Built

  • Built in 1987

Lot Details

  • 5,940 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned SF

Interior Spaces

  • 1,472 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 007553056

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,204

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: East of 101(500)
  • View: No
  • Zoning: SF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007553056
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1472.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 312.50
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5940.00
  • Lot Size Acres: 0.1364

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5940.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00
  • Tax Lot: D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 2, 2019
Sold by
Blayney Donald Lee and The James T Adair Trust
Bought by
Cucinella Julia
Seller's Agent
Mindie Spang
Andrews Real Estate Group Inc
Buyer's Agent
Chandra Needelman
Platinum Properties
List Price
$575,000
Sold Price
$460,000
Premium/Discount to List
-$115,000
-20%
Total Days on Market
68
Current Estimated Value
$841,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,355
Avg. Annual Appreciation
10.95%
Original Mortgage
$345,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Adair James T
Bought by
Adair James T and The James T Adair Trust

Purchase Details

Closed on
Mar 24, 2005
Sold by
Adair Charlene Ruth
Bought by
Adair James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1999
Sold by
Adair James T and Adair Charlene Ruth
Bought by
Adair James Terry and Adair Charlene Ruth

Purchase Details

Closed on
Sep 14, 1995
Sold by
Va
Bought by
Adair James T and Adair Charlene Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 1995
Sold by
Arcs Mtg Inc
Bought by
Va
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
Cucinella Julia $460,000 Fidelity National Title Co
Adair James T -- None Available
Adair James T -- Cuesta Title Company
Adair James T -- Cuesta Title Company
Adair James Terry -- --
Adair James T $141,000 First American Title Ins Co
Va -- First American Title Ins Co
Arcs Mtg Inc $137,671 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocab Julia F Cucinella 2023 $250,000
Closed Cucinella Julia $342,000
Closed Cucinella Julia $345,000
Previous Owner Adair James T $20,000
Previous Owner Adair James T $315,000
Previous Owner Adair James Terry $76,600
Previous Owner Adair James Terry $30,000
Previous Owner Adair James T $30,000
Previous Owner Adair James T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $460,000 -7.8% $313 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $499,000 -9.3% $339 / Sq Ft
08/01/2019 08/01/19 Price Changed $550,000 -4.3% $374 / Sq Ft
07/17/2019 07/17/19 For Sale $575,000 -- $391 / 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 $5,204 $503,074 $300,751 $202,323
2024 $5,204 $493,210 $294,854 $198,356
2023 $5,144 $483,540 $289,073 $194,467
2022 $5,067 $474,059 $283,405 $190,654
2021 $5,057 $464,765 $277,849 $186,916
2020 $4,999 $460,000 $275,000 $185,000
2019 $802 $212,283 $97,860 $114,423
2018 $814 $208,122 $95,942 $112,180
2017 $814 $204,042 $94,061 $109,981
2016 $778 $200,042 $92,217 $107,825
2015 $763 $197,038 $90,832 $106,206
2014 $724 $193,179 $89,053 $104,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS19169661

California Regional Multiple Listing Service (CRMLS)

APN: 007-553-056