NOT LISTED FOR SALE

Estimated Value: $861,339 - $906,000

4 Beds
3 Baths
1,895 Sq Ft
$466/Sq Ft Est. Value

Last Sold July 23, 2022

Last sale price $779,000 $411 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,558/month

75 Days on Market

Highlights

  • New Construction
  • No HOA
  • Up Slope from Street
  • Mountain View
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of July 2022

Welcome to beautiful Oak Terrace Estates....A 15 lot subdivision of new homes nestled in a quiet little area just off Tefft Street close to 101 on and off ramps, shopping centers and Nipomo's famed golf courses. This semi-custom home offers 4 large bedrooms, 3 full baths, an in-door laundry room, a spacious living room off of the open kitchen and a separate dining area leading to the back patio. Currently under construction, there's still time to pick your colors. You don't want to miss what's waiting for you at Oak Terrace Estates in sunny Nipomo on California's Central Coast. Call today for a personal showing.

Last Agent to Sell the Property

Torri Simons

Compass License #01136249 Listed on: 11/08/2021

Compass

Last Buyer's Agent

Tonia Kleinsmith

Coast Family Real Estate, Inc. License #01433807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,167

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,000

Parking

  • 2 Car Attached Garage
  • Up Slope from Street

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,895 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Schools

  • Nipomo High School

Additional Features

  • Rain Gutters
  • 6,000 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Nipomo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 092581004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,167

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Nipomo(340)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 092581004
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 1895.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 411.08
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains

Schools

  • School District: Lucia Mar Unified
  • High School: Nipomo
  • High School: Nipomo
  • High School2: NIPOM

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377
  • Latitude Manual: 35.03497700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Stuart S Adam Individual Living Trust
Bought by
Stuart And Elizabeth Adam Trust and Adam
Current Estimated Value
$883,085

Purchase Details

Closed on
Feb 1, 2022
Sold by
145 Magenta Llc
Bought by
Stuart S Adam Individual Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2021
Sold by
Rivas Salvador and Rizo Alyssa
Bought by
145 Magenta Llc

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 17, 2019
Sold by
Squirrely Neal Llc
Bought by
Rivas Salvador and Rizo Alyssa
Seller's Agent
Torri Simons
Compass
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.90%
Original Mortgage
$129,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Stuart And Elizabeth Adam Trust -- None Listed On Document
Stuart S Adam Individual Living Trust $779,000 Fidelity National Title
145 Magenta Llc -- None Available
Rivas Salvador $215,000 Fnt South County Cost Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stuart S Adam Individual Living Trust $619,000
Previous Owner Rivas Salvador $426,150
Previous Owner Rivas Salvador $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2022 07/23/22 Sold $779,000 0.0% $411 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $779,000 +262.3% $411 / Sq Ft
06/20/2019 06/20/19 Sold $215,000 0.0% --
05/07/2019 05/07/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $215,000 -- --
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
2024 $8,167 $794,580 $357,000 $437,580
2023 $8,167 $779,000 $350,000 $429,000
2022 $3,358 $316,002 $226,002 $90,000
2021 $2,397 $221,571 $221,571 $0
2020 $2,370 $219,300 $219,300 $0
2019 $1,205 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21245028

California Regional Multiple Listing Service (CRMLS)

APN: 092-581-004