NOT LISTED FOR SALE

1746 Tierra Nueva Ln Oceano, CA 93445

Oceano Neighborhood

Estimated Value: $589,000 - $659,616

3 Beds
2 Baths
1,164 Sq Ft
$538/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $585,000 $503 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,310/month

74 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Cathedral Ceiling
  • Arroyo Grande High School Rated A-
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of October 2023

Luxuriously appointed residence in the cozy 27 unit enclave of Tierra Nueva! Enjoying a convenient location to the Oceano Dunes, hiking the Pismo Preserve, and dining in the Village of Arroyo Grande, this extensively renovated home is perfectly situated to enjoy all that the Central Coast has to offer. Featuring flexible living spaces and an energy efficient passive solar design, this low maintenance property includes three spacious bedrooms and two stylishly remodeled bathrooms. With updates such as luxury vinyl plank flooring, smooth trowel finished walls, solid core interior doors, LED lighting, Decora switches/outlets, and a sophisticated paint color palette, the inviting living room and dining area are perfect for entertaining or gathering around the table with friends. Enjoying modern European style cabinetry, quartz countertops, granite sink, and a complete upscale stainless steel appliance package, the thoughtfully designed kitchen is the perfect spot for creating great meals with organic produce grown on site. The first level primary bedroom, conveniently located adjacent to a 3/4 bathroom with a subway tiled walk-in shower with frameless glass enclosure, enjoys dual closets, cathedral ceilings, a skylight, and can be re-imagined as a den, office or fitness room. Two secondary bedrooms, each showcasing panoramic views looking towards Pt. Sal, and a luxe guest bathroom with upgraded fixtures, give you plenty of room for the whole family. Set amongst a stately oak tree and lush landscaping, the natural flagstone patio provides a peaceful outdoor living space that is ideal for soaking in the mild coastal climate. Additional highlights include Milgard windows, mini-split HVAC unit, and a laundry area with natural gas hook-ups. This end unit enjoys a premium placement within the neighborhood which features a 3,000 square foot Common House, an auto/woodworking shop, art/dance/yoga studio, vegetable gardens, green spaces, avocado orchard, and an edible landscape concept. This is a wonderful opportunity to call one of SLO county’s special spaces home!

Last Agent to Sell the Property

David Campa

Richardson Sotheby's International Realty License #01273937 Listed on: 07/06/2023

Richardson Sotheby's International Realty

Co-Listed By

Jennifer Campa

Richardson Sotheby's International Realty License #01441288

Last Buyer's Agent

David Campa

Richardson Sotheby's International Realty License #01273937 Listed on: 07/06/2023

Richardson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,407

Year Built

  • Built in 1998

Lot Details

  • 1,740 Sq Ft Lot
  • Landscaped

HOA Fees

  • $364 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Woods
  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Entryway
  • Living Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 2 Bathrooms
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Stone Porch or Patio
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Combination Of Heating Systems
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 062303041

Community Details

Overview

  • Tierra Nueva Co Housing Association, Phone Number (805) 466-6275
  • Mark Iv HOA
  • Oceano Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

  • Community Playground

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,407

Year Built

Built in 1998

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 062303041
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1164.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1st Level
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 502.58
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Primary Bedroom
  • Bathroom Features: Shower, Exhaust Fan(s), Remodeled, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Coastline, Hills, Neighborhood, Ocean, Panoramic, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Patio, Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Range Hood, Refrigerator, Water Heater
  • Heating Type: Combination, Ductless
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Clubhouse, Recreation Room, Meeting Room, Maintenance Grounds, Trash, Call for Rules, Management
  • Association Fee: 363.77
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Nueva Co-housing
  • Phone: (805) 466-6275
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Mark IV

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1740.00
  • Lot Size Acres: 0.0399

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1740.0000 Square Feet
  • Number Of Units In Community: 27
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 21, 2023
Sold by
Legrice Hertel Living Trust
Bought by
Neal Schleimer And Nova Clite Living Trust and Schleimer
Seller's Agent
David Campa
Richardson Sotheby's International Realty
Buyer's Agent
David Campa
Richardson Sotheby's International Realty
List Price
$585,000
Sold Price
$585,000
Views
588
Current Estimated Value
$626,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,154
Avg. Annual Appreciation
3.61%
Original Mortgage
$390,000
Outstanding Balance
$382,687
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$241,943

Purchase Details

Closed on
Jun 16, 2021
Sold by
Lloyd A Walzer Trust and Walzer Lloyd A
Bought by
Legrice-Hertel Living Trust and Hertel

Purchase Details

Closed on
May 29, 2020
Sold by
Walzer Lloyd A
Bought by
Walzer Lloyd A and The Lloyd A Walzer Trust

Purchase Details

Closed on
Sep 7, 2016
Sold by
Weyer Walzer Rebecca L
Bought by
Walzer Lloyd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2015
Sold by
Walzer Lloyd A and Weyer Walzer Rebecca L
Bought by
Walzer Lloyd A and Weyer Walzer Rebecca L

Purchase Details

Closed on
May 15, 1998
Sold by
Tierra Nueva Cohousing Llc
Bought by
Walzer Lloyd A and Weyer Walzer Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.63%
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
Neal Schleimer And Nova Clite Living Trust $585,000 Fidelity National Title
Legrice-Hertel Living Trust $380,000 Fidelity National Title
Walzer Lloyd A -- None Available
Walzer Lloyd A -- Fidelity National Title Co
Walzer Lloyd A -- None Available
Walzer Lloyd A $158,000 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Schleimer And Nova Clite Living Trust $390,000
Previous Owner Walzer Lloyd A $236,000
Previous Owner Walzer Lloyd A $148,000
Previous Owner Walzer Lloyd A $155,000
Previous Owner Walzer Lloyd A $155,000
Previous Owner Walzer Lloyd A $85,000
Previous Owner Walzer Lloyd A $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $585,000 0.0% $503 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $585,000 -- $503 / 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 $6,407 $596,700 $382,500 $214,200
2024 $5,077 $585,000 $375,000 $210,000
2023 $5,077 $448,290 $280,500 $167,790
2022 $5,005 $439,500 $275,000 $164,500
2021 $2,671 $224,189 $120,687 $103,502
2020 $2,643 $221,891 $119,450 $102,441
2019 $2,625 $217,541 $117,108 $100,433
2018 $2,572 $213,276 $114,812 $98,464
2017 $2,585 $209,095 $112,561 $96,534
2016 $2,360 $204,996 $110,354 $94,642
2015 $2,093 $201,918 $108,697 $93,221
2014 -- $197,963 $106,568 $91,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23120287

California Regional Multiple Listing Service (CRMLS)

APN: 062-303-041