NOT LISTED FOR SALE

165 Cornerstone Ln Arroyo Grande, CA 93420

Estimated Value: $1,306,000 - $1,541,000

3 Beds
2 Baths
2,575 Sq Ft
$552/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $780,000 $303 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $8,378/month

68 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Cathedral Ceiling
  • Arroyo Grande High School Rated A-
  • Home fronts a creek
  • Wood Flooring

About This Home

As of November 2014

A very private setting with a park like backyard and ocean views and yet you are only minutes to downtown Arroyo Grande. This custom home shows pride of ownership throughout-light and bright, cathedral ceilings, views galore, great for entertaining, huge master suite and master bath, formal living/dining room, separate family room, large kitchen with island and breakfast bar, large nook area, built in outside BBQ, dual tandem 4-car garage and much much more. Upgrades in the last two years include new kitchen appliances, interior paint, ceiling fans, toilets, faucets, dual pane windows and sliders, window coverings, water softener, fencing, over 1500sf of concrete patio, wash sink/work bench in garage and extensive landscaping.

Last Agent to Sell the Property

Ken Keller

Allan Real Estate Investments License #01420292 Listed on: 08/20/2014

Last Buyer's Agent

Patricia Okura

Palo Mesa Realty License #01336946

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,697

Year Built

  • Built in 1998

Lot Details

  • 0.89 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Rural Setting
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Flag Lot
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Woods

Home Design

  • Slab Foundation
  • Clay Roof

Interior Spaces

  • 2,575 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Gas Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Heated Spa
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 075390019

Community Details

Overview

  • Master Insurance

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,697

Year Built

Built in 1998

Lot Details

0

HOA Fees

$60 per month

Parking

4

Listing Details

  • Subdivision Name Other: West of 101(1000)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 075390019
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2575.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Intercom, Pantry
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room, In Living Room
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Price Per Square Foot: 302.91
  • Room Type: Family Room, Main Floor Master Bedroom
  • Spa Features: Heated
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Ocean, Trees/Woods
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Clay
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Electric Cooking, Gas Cooking, Disposal, Microwave, Refrigerator, Water Purifier, Water Softener
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Management, Security
  • Association Fee: 60.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Rural, Sidewalks, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac, Flag Lot, Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 38768.00
  • Lot Size Acres: 0.8900

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2018
Sold by
Follansbee Kevin C and Follansbee Sabrina E
Bought by
Follansbee Kevin C and Follansbee Sabrina E
Current Estimated Value
$1,420,731

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 31, 2014
Sold by
Keller Kenneth N and Keller Bonnie May
Bought by
Follansbee Kevin C and Follansbee Sabrina E
Seller's Agent
Ken Keller
Allan Real Estate Investments
Buyer's Agent
Patricia Okura
Palo Mesa Realty
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$400,000
Outstanding Balance
$136,700
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,284,031

Purchase Details

Closed on
Oct 4, 2011
Sold by
Baker Margaret Ann
Bought by
Keller Kenneth N and Keller Bonnie May

Purchase Details

Closed on
Jul 12, 2002
Sold by
Baker Richard Wayne and Baker Margaret Ann
Bought by
Baker Richard Wayne and Baker Margaret Ann

Purchase Details

Closed on
Mar 11, 1998
Sold by
John A Mallory Investment Co Inc
Bought by
Baker Richard W and Baker Margaret A

Purchase Details

Closed on
Mar 9, 1998
Sold by
Mid State Bank
Bought by
John A Mallory Investment Co Inc and Kevin Hunstad Inc
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
Follansbee Kevin C -- None Available
Follansbee Kevin C $780,000 First American Title Company
Keller Kenneth N $604,000 First American Title Company
Baker Richard Wayne -- --
Baker Richard W $128,000 Chicago Title Co
John A Mallory Investment Co Inc $100,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Follansbee Kevin C $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $780,000 -1.0% $303 / Sq Ft
10/28/2014 10/28/14 Price Changed $787,500 -1.4% $306 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $799,000 -- $310 / 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 $9,697 $937,431 $420,641 $516,790
2024 $9,586 $919,051 $412,394 $506,657
2023 $9,586 $901,031 $404,308 $496,723
2022 $9,441 $883,365 $396,381 $486,984
2021 $9,423 $866,045 $388,609 $477,436
2020 $9,315 $857,166 $384,625 $472,541
2019 $9,248 $840,360 $377,084 $463,276
2018 $9,138 $823,884 $369,691 $454,193
2017 $8,986 $807,731 $362,443 $445,288
2016 $8,489 $791,894 $355,337 $436,557
2015 $8,375 $780,000 $350,000 $430,000
2014 $6,454 $618,876 $281,773 $337,103
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Ken Keller

    Allan Real Estate Investments

    (805) 473-7500

    4 Total Sales

    Ken Keller
    Section Image
  • Patricia Okura

    Buyer's Agent in 2014

    Patricia Okura

    Palo Mesa Realty

    (805) 801-0147

    24 Total Sales

    Patricia Okura
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1046918

California Regional Multiple Listing Service (CRMLS)

APN: 075-390-019

California San Luis Obispo County Arroyo Grande 93420

165 Cornerstone Ln, Arroyo Grande, CA

This home is located at 165 Cornerstone Ln, Arroyo Grande, CA 93420 since 20 August 2014 and is currently estimated at $1,420,731, approximately $551 per square foot. This property was built in 1998. 165 Cornerstone Ln is a home located in San Luis Obispo County with nearby schools including Oceano Elementary School, Paulding Middle School, and Arroyo Grande 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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