$1,950,000
SOLD OCT 17, 2024

1427 Pomeroy Rd Arroyo Grande, CA 93420

7 Beds
8 Baths
5,793 Sq Ft
10 Acres

Recently Sold

$337 Per Sq Ft

44% Below List Price

154 Days on Market

Highlights

  • Detached Guest House
  • Barn
  • RV Access or Parking
  • Golf Course Community
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of October 2024

DISTRESSED SALE. SOLD AS-IS. MUST SELL QUICKLY. Property unkept and ready for an investor.

Private one of a kind compound, situated on 10 acres (tax records) in the beautiful, serene country setting of Arroyo Grande, mostly flat with numerous beautiful oak trees. Just minutes from Hi-way 101 Willow exit and short drive to Pismo Beach. Three (3) separate homes and an office building & a huge commercially built 9200 square foot all steel storage space with concrete foundation and ground level dock service.

(1) Main Home: 4,410 sq.ft 5 bed 7 baths – (2) ADU 1,013 sq.ft. 2 bed 1 bath - (3) Manufactured home 1749 sq.ft. 5 bed 2 baths – Steel commercial type warehouse 9,200 sq.ft. 1 dock high

Note* If you purchase this to live in as your personal residence, the county requires the Manufactured home to be removed.
Note** Homes 1,2, and 3 have been fully remodeled, however, home #1 – Main House is not finished. Just ready for the new owner to put its own personal finishing touches on it.
Note***The property is under a CUP and could be used as a rehab facility, homeless shelter, or other similar uses with 46+ approved beds.

Last Agent to Sell the Property

HARRISON GORMAN

White Oak Holdings, Inc. Brokerage Email: harrison@wocla.com License #01987740

Last Buyer's Agent

HARRISON GORMAN

White Oak Holdings, Inc. Brokerage Email: harrison@wocla.com License #01987740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,419

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 10 Acre Lot
  • Wire Fence
  • Needs Fence Repair
  • Property is zoned RR

Home Design

  • Raised Foundation
  • Slab Foundation
  • Unfinished Walls
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,793 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Storage
  • Center Hall

Kitchen

  • Galley Kitchen
  • Ceramic Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 8 Full Bathrooms
  • Tile Bathroom Countertop
  • Low Flow Shower
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Private Parking
  • Circular Driveway
  • Driveway Level
  • RV Access or Parking

Accessible Home Design

  • Grab Bar In Bathroom
  • Halls are 48 inches wide or more
  • Lowered Light Switches
  • Customized Wheelchair Accessible
  • Accessibility Features
  • Doors swing in
  • Doors are 32 inches wide or more
  • Accessible Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Shed
  • Outbuilding

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Conventional Septic
  • Sewer Not Available
  • Phone Available

Additional Features

  • Detached Guest House
  • Barn

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 091121035

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Golf Course Community
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,419

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Joe Gorman
  • Other Phone Number: 6268620696
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: RR
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 091121035
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5793.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceramic Counters, High Ceilings, In-Law Floorplan, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Tile Counters, Track Lighting, Unfinished Walls
  • Stories: 2
  • Entry Location: Side
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, 48 Inch Or More Wide Halls, Customized Wheelchair Accessible, Disability Features, Doors - Swing In, Grab Bars In Bathroom(s), Lowered Light Switches, Parking
  • Appliances: No
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 7
  • Entry Level: 2
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 336.61
  • Room Type: Center Hall, Dressing Area, Entry, Family Room, Galley Kitchen, Great Room, Jack & Jill, Kitchen, Laundry, Main Floor Bedroom, Primary Suite
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath, Remodeled, Tile Counters, Upgraded, Walk-In Shower

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Barn(s), Guest House, Guest House Detached, Outbuilding, Shed(s), Storage
  • Fence: Yes
  • Fencing: Needs Repair, Wire
  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes
  • Roof: Asphalt
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Built-In Storage, Circular Driveway, Driveway, Paved, Driveway Level, Private, RV Access/Parking

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Not Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry, Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Golf, Hiking, Horse Trails, Street Lights

Schools

  • School District: Lucia Mar Unified

Green Features

  • Green Water Conservation: Flow Control

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 435600.00
  • Lot Size Acres: 10.0000

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 435600.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 123.05
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Sep 18, 2024
Sold by
Def Family Investments Llc
Bought by
Herlihy John Joseph
Seller's Agent
HARRISON GORMAN
White Oak Holdings, Inc.
Buyer's Agent
HARRISON GORMAN
White Oak Holdings, Inc.
List Price
$3,500,000
Sold Price
$1,950,000
Premium/Discount to List
-$1,550,000
-44.29%
Total Days on Market
154
Views
61
Current Estimated Value
$2,039,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,264
Avg. Annual Appreciation
1.71%
Original Mortgage
$1,100,000
Outstanding Balance
$1,093,776
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$875,184

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 19, 2022
Sold by
Life Steps Foundation Inc
Bought by
Def Family Investments Llc
Seller's Agent
Paula Martinez
PB & Associates
Buyer's Agent
HARRISON GORMAN
White Oak Holdings, Inc.
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$1,387,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1999
Sold by
Sheetz Charles
Bought by
Sheetz Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $1,950,000 Wfg National Title
Grant Deed $1,850,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $420,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $1,387,000 New Conventional
Previous Owner $1,387,000 New Conventional
Previous Owner $950,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $995,000 Unknown
Previous Owner $525,000 Credit Line Revolving
Previous Owner $420,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $1,950,000 +2.7% $337 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $1,899,000 -9.6% $328 / Sq Ft
07/24/2024 07/24/24 Price Changed $2,100,000 -40.0% $363 / Sq Ft
04/10/2024 04/10/24 For Sale $3,500,000 +89.2% $604 / Sq Ft
02/16/2022 02/16/22 Sold $1,850,000 0.0% $250 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,850,000 -- $250 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $20,419 $1,924,740 $936,360 $988,380
2023 $20,419 $1,887,000 $918,000 $969,000
2022 $0 $1,056,448 $449,620 $606,828
2021 $0 $1,035,734 $440,804 $594,930
2020 $0 $1,025,115 $436,285 $588,830
2019 $0 $1,005,016 $427,731 $577,285
2018 $0 $985,311 $419,345 $565,966
2017 $10,676 $965,992 $411,123 $554,869
2016 -- $947,052 $403,062 $543,990
2015 -- $932,827 $397,008 $535,819
2014 $9,557 $914,556 $389,232 $525,324
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24071343

California Regional Multiple Listing Service (CRMLS)

APN: 091-121-035