$230,000
SOLD OCT 22, 2013

1550 Michigan Way Nipomo, CA 93444

Woodlands Neighborhood
5 Acres
$46,000 Price per Acre
217,800 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

10% Below List Price

59 Days on Market

About This Lot

As of September 2018

Home prices are going up, and land prices are next. Get ahead of the real estate curve and develop your own parcel; 5 acres gross size per the tract map. Address 1550-B is for reference; parcel is adjacent and north of 1550 Michigan Way.

Last Agent to Sell the Property

Gary Gracia

Gary Gracia Real Estate License #01003239 Listed on: 06/25/2013

Last Buyer's Agent

Michele Rumery

Modern Broker-Pismo Beach License #01130109

Modern Broker-Pismo Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,758

Lot Details

  • 5 Acre Lot
  • Property is zoned RRUR

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 091273047

Property Details

Property Type

Land

Est. Annual Taxes

$10,758

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Single Family.
  • Zoning: RRUR
  • Property Type: Land
  • Parcel Number: 091273047
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.06

Utilities

  • Utilities: Electricity Available
  • Water Well: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lot Size Area: 217800.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Tatum Billy Wayne and Tatum Lori
Bought by
Tatum Billy Wayne and Tatum Charessa Jadene
Total Days on Market
59
Current Estimated Value
$1,330,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$745,531
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$562,904

Purchase Details

Closed on
Jul 26, 2018
Sold by
Neetz Rollin Harold and Neetz Janna Louise
Bought by
Tatum Billy Wayne and Tatum Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Neetz Rollin H and Neetz Janna
Bought by
Neetz Rollin Harold and Neetz Janna Louise

Purchase Details

Closed on
Feb 20, 1998
Sold by
Va
Bought by
Neetz Rollin H and Neetz Janna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $955,000 First American Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $822,000 New Conventional
Closed $195,750 Commercial
Previous Owner $615,250 New Conventional
Previous Owner $147,000 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $955,000 -2.1% $452 / Sq Ft
07/23/2018 07/23/18 For Sale $975,000 0.0% $461 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $975,000 -7.1% $461 / Sq Ft
06/05/2018 06/05/18 For Sale $1,050,000 +356.5% $497 / Sq Ft
10/22/2013 10/22/13 Sold $230,000 -9.8% $130 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $255,000 -- $144 / 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
2024 $10,758 $1,044,427 $601,503 $442,924
2023 $10,758 $1,023,949 $589,709 $434,240
2022 $10,594 $1,003,873 $578,147 $425,726
2021 $10,573 $984,190 $566,811 $417,379
2020 $10,452 $974,100 $561,000 $413,100
2019 $10,386 $955,000 $550,000 $405,000
2018 $6,292 $576,801 $347,622 $229,179
2017 $6,070 $565,492 $340,806 $224,686
2016 $5,820 $554,405 $334,124 $220,281
2015 $5,735 $546,079 $329,106 $216,973
2014 $5,521 $535,383 $322,660 $212,723
Source: Public Records

Agents Affiliated with this Home

  • Kirby Gordon

    Seller's Agent in 2018

    Kirby Gordon

    Gordon & Gordon

    (805) 441-4794

    Section Image
  • Mario Estrada, Jr

    Buyer's Agent in 2018

    Mario Estrada, Jr

    eXp Realty of California, Inc.

    (805) 748-9044

    37 Total Sales

    Mario Estrada, Jr
    Section Image
  • Gary Gracia

    Seller's Agent in 2013

    Gary Gracia

    Gary Gracia Real Estate

    (805) 459-9272

    1 in this area

    25 Total Sales

    Gary Gracia
    Section Image

  • M

    Buyer's Agent in 2013

    Michele Rumery

    Modern Broker-Pismo Beach

    (805) 550-7352

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI197855

California Regional Multiple Listing Service (CRMLS)

APN: 091-273-048

California San Luis Obispo County Nipomo 93444 Woodlands

1550 Michigan Way, Nipomo, CA

This home is located at 1550 Michigan Way, Nipomo, CA 93444 and is currently priced at $230,000, approximately $130 per square foot. 1550 Michigan Way is a home located in San Luis Obispo County with nearby schools including Dorothea Lange 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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