NOT LISTED FOR SALE

151 Cimarron Way Arroyo Grande, CA 93420

Estimated Value: $633,000 - $2,248,000

5 Acres
$301,946 Price per Acre
225,205 Sq Ft Lot

Last Sold February 25, 2020

Last sale price $300,000

Est. 420% increase in value since last sale

Current estimated payment $9,222/month

460 Days on Market

Highlights

  • Horse Property Unimproved
  • 5.17 Acre Lot
  • No HOA
  • Peek-A-Boo Views
  • Wooded Lot
  • Foothills

About This Lot

As of February 2020

LOT 4, Beautiful 5 acre view lot is part of a 30 acre subdivision. Sunsets galore! Lot 2 is pending (Lot 3 and Lot 5 are sold). ONLY 1 LOT REMAINING! Lot 4 has individual well producing 50 GALLONS PER MINUTE (reports available) with pump installed. Electric to lots. Each parcel is zoned for 2 homes per lot, horses welcome, no HOA. Lot 4 has incredible mountain and valley views. Build your dream home or vacation home. Country living close to everything. Pismo Dunes and 3 golf courses minutes away. Conveniently located between San Luis Obispo and Santa Maria with Arroyo Grande zip code. There is an existing 2835 sq. ft. house on 7 acres can also be purchased with lots (call for details and price of house). Own the whole mountain, living in the house while building out the lots or deed lots to family members for your family compound. Sub-division is complete with "White Report" issued. Purchase Agreement must follow "White Report" guidelines, available upon request. Escrow to be: First American Title, Pismo., Kelly LeMay

Last Agent to Sell the Property

Jack Tracy

Jack Tracy Realty License #01117385 Listed on: 10/22/2018

Last Buyer's Agent

Jack Tracy

Jack Tracy Realty License #01117385 Listed on: 10/22/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,007

Year Built

  • 2023

Lot Details

  • 5.17 Acre Lot
  • Rural Setting
  • Wooded Lot
  • Density is 2-5 Units/Acre
  • Property is zoned rural residential

Property Views

  • Peek-A-Boo
  • Canyon
  • Vineyard
  • Mountain
  • Hills

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Natural Gas Not Available
  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Foothills

Property Details

Property Type

Land

Est. Annual Taxes

$6,007

Year Built

2023

Lot Details

0

Listing Details

  • Improvements: Individual Well, Electric to lot
  • Other Phone Description: 8053777584
  • Other Phone Ext: 777584
  • Other Phone Number: 8053777584
  • Subdivision Name Other: East of 101(500)
  • Survey: Corners Marked
  • View: Yes
  • Well Hole Size: 6
  • Well Report: Yes
  • Zoning: rural residential
  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Square Foot: 1.33

Exterior Features

  • View: Canyon, Hills, Mountain(s), Peek-A-Boo, Vineyard

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Sewer Not Available, Water Available
  • Water Source: Well
  • Water Well: Yes
  • Well Gallons Per Minute: 50.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural, Storm Drains

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property Unimproved, Treed Lot
  • Lot Size Sq Ft: 225205.20
  • Lot Size Acres: 5.1700
  • Latitude Manual: 35.07624000

Multi Family

  • Lot Size Area: 5.1700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Mar 20, 2020
Sold by
Gonzalez Armando M and Gonzalez Karin D
Bought by
Gonzalez Armando M and Gonzalez Karin D
Seller's Agent
Jack Tracy
Jack Tracy Realty
Buyer's Agent
Jack Tracy
Jack Tracy Realty
List Price
$348,000
Sold Price
$300,000
Premium/Discount to List
-$48,000
-13.79%
Total Days on Market
460
Current Estimated Value
$1,561,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,261,062
Avg. Annual Appreciation
34.36%

Purchase Details

Listed on
Oct 22, 2018
Closed on
Feb 7, 2020
Sold by
Tracy Jack R and Tracy Danielle S
Bought by
Gonzalez Armando M and Gonzalez Karin D
Seller's Agent
Jack Tracy
Jack Tracy Realty
Buyer's Agent
Jack Tracy
Jack Tracy Realty
List Price
$348,000
Sold Price
$300,000
Premium/Discount to List
-$48,000
-13.79%
Source: Public Records

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 Buyer Sale Price Title Company
Gonzalez Armando M -- None Available
Gonzalez Armando M $300,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $300,000 -3.2% --
01/25/2020 01/25/20 Pending -- -- --
10/10/2019 10/10/19 Price Changed $310,000 -1.6% --
08/21/2019 08/21/19 Price Changed $315,000 -3.1% --
04/23/2019 04/23/19 Price Changed $325,000 -3.0% --
04/03/2019 04/03/19 Price Changed $335,000 -3.7% --
10/22/2018 10/22/18 For Sale $348,000 -- --
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 $6,007 $1,399,200 $382,460 $1,016,740
2023 $6,007 $567,853 $315,353 $252,500
2022 $3,286 $309,170 $309,170 $0
2021 $3,280 $303,108 $303,108 $0
2020 $1,352 $125,121 $125,121 $0
2019 $1,344 $122,668 $122,668 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jack Tracy

    Jack Tracy Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18256383

California Regional Multiple Listing Service (CRMLS)

APN: 090-042-056

California San Luis Obispo County Arroyo Grande 93420

151 Cimarron Way, Arroyo Grande, CA

This home is located at 151 Cimarron Way, Arroyo Grande, CA 93420 since 22 October 2018 and is currently estimated at $1,561,062. This property was built in 2023. 151 Cimarron Way is a home located in San Luis Obispo County with nearby schools including Nipomo Elementary School, Mesa Middle School, and Nipomo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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