NOT LISTED FOR SALE

2050 Oak Way Arroyo Grande, CA 93420

Estimated Value: $1,680,000 - $1,725,000

3 Beds
2 Baths
2,291 Sq Ft
$747/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $1,040,000 $454 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $10,184/month

103 Days on Market

Highlights

  • Ocean View
  • 304,920 Sq Ft lot
  • Covered Patio or Porch
  • Arroyo Grande High School Rated A-
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of April 2017

Driving up the hill through the oak trees on a private road, the quiet and seclusion relaxes you as you approach the house. Then after you park, you are stunned by the amazing panoramic view of the ocean, dunes, Point Sal, valley and hills. As an extra bonus, the view also gives you fabulous sunsets! The seclusion is comforting but yet you are close to both the historic old town Village of Arroyo Grande and to San Luis Obispo. Wineries, beaches, shopping and restaurants are all within easy reach. This single level, 3 bedroom, 2 bath home has recently been remodeled and designed to maximize the view from inside the house as well. Open, bright living room has a wood burning fireplace that is double sided so the large master bedroom has a fireplace too. Several patios and outdoor areas for entertaining, lots of room for gardening, electric gate and fenced for your pets. Multi-purpose craft/laundry room, central vacuum, workshop and storage area in the garage.

Last Agent to Sell the Property

Candace Guldeman

Paradise Real Estate License #01210234 Listed on: 11/22/2016

Last Buyer's Agent

Lauri Strain

Attune Real Estate License #01439653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,898

Year Built

  • Built in 1987

Lot Details

  • 7 Acre Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic
  • Hills
  • Valley

Home Design

  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,291 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Water Purifier
  • Water Softener
  • Conventional Septic

Community Details

  • Property has a Home Owners Association
  • Corbett Oaks Association

Listing and Financial Details

  • Assessor Parcel Number 044280007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,898

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044280007
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2291.00 Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 453.95
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Ocean, Panoramic, Valley
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Covered
  • Roof: Clay
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Trash Compactor, Water Purifier, Water Softener
  • Heating Type: Forced Air, Propane
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Corbett Oaks
  • Senior Community: No

Lot Info

  • Lot Features: Sloped Down, Paved, Sprinkler System
  • Lot Size Sq Ft: 304920.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Mar 9, 2017
Sold by
Long Melanie Morgan and Long Mark David
Bought by
Jechel Kurt E and Speier Celeste M
Seller's Agent
Candace Guldeman
Paradise Real Estate
Buyer's Agent
Lauri Strain
Attune Real Estate
List Price
$1,149,000
Sold Price
$1,040,000
Premium/Discount to List
-$109,000
-9.49%
Current Estimated Value
$1,711,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,338
Avg. Annual Appreciation
6.06%
Original Mortgage
$735,000
Outstanding Balance
$569,298
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,142,040

Purchase Details

Listed on
Aug 29, 2011
Closed on
Jan 27, 2012
Sold by
Motwane Aman Arjan
Bought by
Long Melanie Morgan and Long Mark David
Seller's Agent
David Bjerre
Bjerre & Garcia Realty Inc
Buyer's Agent
Candace Guldeman
Paradise Real Estate
List Price
$639,000
Sold Price
$627,000
Premium/Discount to List
-$12,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$451,600
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2006
Sold by
Walden Kenneth John
Bought by
Motwane Aman Arjan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jechel Kurt E $1,050,000 First American Title Company
Long Melanie Morgan $627,000 First American Title Company
Motwane Aman Arjan -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jechel Kurt E $735,000
Previous Owner Long Melanie Morgan $451,600
Previous Owner Motwane Aman Arjan $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2017 04/21/17 Sold $1,040,000 -9.5% $454 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $1,149,000 +83.3% $502 / Sq Ft
02/23/2012 02/23/12 Sold $627,000 -1.9% $274 / Sq Ft View Prior Sale
01/14/2012 01/14/12 Pending -- -- --
08/29/2011 08/29/11 For Sale $639,000 -- $279 / 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 $12,898 $1,261,125 $696,348 $564,777
2024 $12,749 $1,236,398 $682,695 $553,703
2023 $12,749 $1,212,156 $669,309 $542,847
2022 $12,555 $1,188,389 $656,186 $532,203
2021 $12,531 $1,165,088 $643,320 $521,768
2020 $12,122 $1,128,655 $636,724 $491,931
2019 $11,778 $1,082,016 $624,240 $457,776
2018 $11,636 $1,060,800 $612,000 $448,800
2017 $7,422 $678,574 $351,733 $326,841
2016 $6,999 $665,270 $344,837 $320,433
2015 $6,897 $655,278 $339,658 $315,620
2014 $6,640 $642,443 $333,005 $309,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1073089

California Regional Multiple Listing Service (CRMLS)

APN: 044-280-007