$300,000
SOLD JUL 2, 2019

171 Cimarron Way Arroyo Grande, CA 93420

7 Acres
$42,076 Price per Acre
310,583 Sq Ft Lot

Recently Sold

14% Below List Price

209 Days on Market

Highlights

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

About This Lot

As of September 2021

LOT 3, Beautiful 7 acre view lot is part of a 30 acre subdivision. Lots 2, 4, and 5 are also available (lot 5 is sold). See Listing PI 17254970. Each lot has individual well producing 50 gallons per minute (reports available) with power to lots. Each lot is zoned for 2 homes per lot, horses welcome, no HOA. Lot 3 has incredible LAETITIA VINEYARD, mountain and valley views as well as sneak peek at Avila Bay. 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. Don't miss out, only 3 remaining lots. Purchase one lot, or all. 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 Agreements 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

  • $9,918

Year Built

  • 2021

Lot Details

  • 7.13 Acre Lot
  • Rural Setting
  • Wooded Lot
  • Density is 6-10 Units/Acre
  • 2,4
  • 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

$9,918

Year Built

2021

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): 2021

Interior Features

  • Price Per Square Foot: 0.97

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: 2,4
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Horse Property Unimproved, Treed Lot
  • Lot Size Sq Ft: 310582.80
  • Lot Size Acres: 7.1300
  • Latitude Manual: 35.07624000

Multi Family

  • Lot Size Area: 7.1300 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 30, 2021
Sold by
Kies Daniel J and Ruffino Kies Victoria
Bought by
Rogers Duane and Rogers Duane
Seller's Agent
Era Polly
Era Polly Real Estate
Buyer's Agent
Kellie Williams
Coldwell Banker Kellie & Assoc
List Price
$1,849,000
Sold Price
$1,600,000
Premium/Discount to List
-$249,000
-13.47%
Total Days on Market
209
Current Estimated Value
$2,130,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,611
Avg. Annual Appreciation
7.98%

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jun 3, 2019
Sold by
Tracy Jack R and Tracy Danielle S
Bought by
Kies Daniel J and Ruffino Kies Victoria E
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.56%
Original Mortgage
$180,000
Interest Rate
4%
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 Type Sale Price Title Company
Grant Deed $1,600,000 Fidelity National Title Co
Grant Deed $300,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $701,500 New Conventional
Previous Owner $690,000 Construction
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,600,000 -8.5% $435 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $1,749,000 -5.4% $475 / Sq Ft
07/30/2021 07/30/21 For Sale $1,849,000 +516.3% $502 / Sq Ft
07/02/2019 07/02/19 Sold $300,000 -7.7% --
05/19/2019 05/19/19 Pending -- -- --
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 $9,918 $963,422 $491,291 $472,131
2023 $9,918 $944,532 $481,658 $462,874
2022 $9,767 $926,013 $472,214 $453,799
2021 $6,646 $614,208 $303,108 $311,100
2020 $3,242 $300,000 $300,000 $0
2019 $1,344 $122,668 $122,668 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18256299

California Regional Multiple Listing Service (CRMLS)

APN: 090-042-055