NOT LISTED FOR SALE

2055 Oak Way Arroyo Grande, CA 93420

Estimated Value: $2,025,000 - $2,403,000

5 Beds
4 Baths
3,879 Sq Ft
$558/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $1,150,000 $296 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $12,637/month

119 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Maid or Guest Quarters
  • Arroyo Grande High School Rated A-
  • RV Access or Parking
  • Fireplace in Primary Bedroom

About This Home

As of July 2017

Secluded Corbett Canyon home on 5 acres of oak-studded sanctuary and tranquility. Panoramic views of Corbett Canyon, and peek at ocean as well. Bedroom count includes three master suites and multiple living and gathering areas with kitchens, recently used for multi-generational living. Beautiful kitchen remodel in 2012, designed to accommodate entertaining with spacious feel. Four deck areas, built-in playground under graceful oak. Metal, stone, stucco, blended for retro cool elegance, with focal point of central stone fireplace that serves three areas in home. Bright and open, tongue & groove cathedral ceilings. Private gated entry and (est.) 700 ft. paved road to home. 5 minute drive to old-town Arroyo Grande, 15 min drive to downtown San Luis Obispo, but even closer to local acclaimed wineries! 11.2 kw of solar panels serve property.

Last Agent to Sell the Property

Dawna Davies

Davies Co. Real Estate License #01152951 Listed on: 01/12/2017

Last Buyer's Agent

Angie White

Artisan Real Estate License #01457817

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,385

Year Built

  • Built in 1989

Lot Details

  • 5 Acre Lot
  • Paved or Partially Paved Lot
  • Steep Slope
  • Property is zoned R,RRUR

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Hills

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,879 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Loft
  • Bonus Room

Kitchen

  • Double Convection Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Heated Spa
  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Corbett Oaks HOA

Listing and Financial Details

  • Assessor Parcel Number 044280017

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,385

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Office Phone
  • Other Phone Number: 805-544-5889
  • Property Attached: No
  • View: Yes
  • Zoning: R,RRUR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044280017
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3879.00 Square Feet
  • Flooring: Carpet, Laminate, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Ell, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 296.47
  • Room Type: Bonus Room, Great Room, Guest/Maid's Quarters, Living Room, Loft, Main Floor Master Bedroom, Master Bedroom
  • Spa Features: Heated
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • View: Hills, Ocean, Panoramic, Trees/Woods
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Microwave, Refrigerator, Water Purifier, Water Softener
  • Heating Type: Forced Air, Propane
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Conventional Septic
  • Water Source: Shared Well, Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Sloped Down, Paved, Steep Slope
  • Lot Size Sq Ft: 217800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jul 5, 2017
Sold by
Regusci Matthew Gene and Regusci Tracy Lynn
Bought by
Wasson James Earl and Wasson Denise Holt
Seller's Agent
Dawna Davies
Davies Co. Real Estate
Buyer's Agent
Angie White
Artisan Real Estate
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Current Estimated Value
$2,164,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,014,542
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jun 27, 2017
Sold by
Foster Lynn Marie and Foster William James
Bought by
Foster William James and Foster Lynn Marie
Seller's Agent
Dawna Davies
Davies Co. Real Estate
Buyer's Agent
Angie White
Artisan Real Estate
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%

Purchase Details

Closed on
Aug 22, 2015
Sold by
Regusci Tracy Lynn and Regusci Matthew Gene
Bought by
Regusci Matthew Gene and Regusci Tracy Lynn

Purchase Details

Closed on
Jul 22, 2013
Sold by
Mcdonald Candace Shawn
Bought by
Foster Lynn Marie

Purchase Details

Closed on
Apr 12, 2007
Sold by
Lau James N and Lau Janet M
Bought by
Mcdonald Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,299,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
Lau James N and Lau Janet M
Bought by
Lau James N and Lau Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.72%

Purchase Details

Closed on
Oct 30, 2002
Sold by
Lau James N and Lau Janet M
Bought by
Lau James N and Lau Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.06%

Purchase Details

Closed on
Sep 19, 2002
Sold by
Lau James N and Lau Janet M
Bought by
Lau James N and Lau Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.06%

Purchase Details

Closed on
Jun 4, 1999
Sold by
Lau James N and Lau Janet M
Bought by
Lau Jamesn and Lau Janet M
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
Wasson James Earl $1,150,000 Fidelity National Title Co
Foster William James -- None Available
Regusci Matthew Gene -- None Available
Regusci Tracy Lynn -- None Available
Foster Lynn Marl -- None Available
Foster Lynn Marie -- None Available
Mcdonald Robert E -- Chicago Title Co
Lau James N -- Fidelity Title Company
Lau James N -- Fidelity Title Company
Lau James N -- Fidelity Title Company
Lau James N -- Fidelity Title Company
Lau James N -- First American Title Company
Lau Jamesn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Robert E $1,299,000
Previous Owner Lau James N $195,000
Previous Owner Lau James N $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $1,150,000 -9.8% $296 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
03/23/2017 03/23/17 Price Changed $1,275,000 -0.8% $329 / Sq Ft
02/17/2017 02/17/17 Price Changed $1,285,000 -0.8% $331 / Sq Ft
01/12/2017 01/12/17 For Sale $1,295,000 -- $334 / 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 $13,385 $1,308,498 $540,466 $768,032
2024 $13,231 $1,282,842 $529,869 $752,973
2023 $13,231 $1,257,689 $519,480 $738,209
2022 $13,030 $1,233,030 $509,295 $723,735
2021 $13,004 $1,208,854 $499,309 $709,545
2020 $12,855 $1,196,460 $494,190 $702,270
2019 $12,775 $1,173,000 $484,500 $688,500
2018 $12,621 $1,150,000 $475,000 $675,000
2017 $16,500 $1,500,000 $817,000 $683,000
2016 $15,873 $1,500,000 $817,000 $683,000
2015 $15,778 $1,490,000 $800,000 $690,000
2014 $13,156 $1,266,000 $690,000 $576,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1073846

California Regional Multiple Listing Service (CRMLS)

APN: 044-280-017