NOT LISTED FOR SALE

248 Palomar Ave Pismo Beach, CA 93449

Estimated Value: $2,525,000 - $2,822,000

4 Beds
3 Baths
3,085 Sq Ft
$862/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $1,659,540 $538 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $16,047/month

86 Days on Market

Highlights

  • Ocean View
  • Home Under Construction
  • L-Shaped Dining Room
  • Arroyo Grande High School Rated A-
  • Deck
  • 4-minute walk to Eldwayen Ocean Park

About This Home

As of November 2016

Contemporary craftsman-style custom beach house currently under construction in sought-after Shell Beach with four bedrooms, three bathrooms and approx. 3,085 square feet of luxury living space. Plans for this home include a light and bright entry that opens to a large great room with fireplace, dining area and gourmet kitchen with stainless steel appliances and large island. Also located on the entry level is the guest suite, a full bathroom and mud room off the garage. The upstairs features two guest rooms each with walk-in closets, a laundry room, full guest bath and a master suite with access to the second floor deck and a spacious master bath with over-sized tub and stand alone shower. A private roof-top terrace is the highlight of this home with views of Shell Beach and the ocean, complete with outdoor cook space and room for entertaining. This home is currently under construction and buyers are still able to select finishes and colors for the interior of the home. Home is estima

Last Agent to Sell the Property

Amanda Dunton

Lineage Properties License #01874074 Listed on: 01/25/2016

Co-Listed By

Chris Richardson

Richardson Sotheby's International Realty License #01200458

Last Buyer's Agent

Terry Gillespie

BHGRE HAVEN PROPERTIES License #01815083

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,079

Lot Details

  • 4,750 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Home Under Construction
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 3,085 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Ocean Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,079

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Trilogy(600)
  • View: Yes
  • Zoning: SFR
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3085.00
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room, Dining Ell
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 537.94
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Ocean
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio, Deck
  • Roof: Flat

Garage/Parking

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

Utilities

  • Utilities: Phone Connected, Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Cooking, Dishwasher, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Curbs

Lot Info

  • Lot Features: Paved, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 4750.00
  • Lot Size Acres: 0.1090

Multi Family

  • Lot Size Area: 4750.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2018
Sold by
Burnette William C and Burnette Jacqueline T
Bought by
Burnett William C and Burnett Jacqueline Tiongson
Current Estimated Value
$2,658,574

Purchase Details

Listed on
Jan 25, 2016
Closed on
Oct 28, 2016
Sold by
242 Palomar Llc
Bought by
Burnette William C and Burnette Jacqueline T
Seller's Agent
Amanda Dunton
Lineage Properties
Buyer's Agent
Terry Gillespie
BHGRE HAVEN PROPERTIES
List Price
$1,599,000
Sold Price
$1,659,540
Premium/Discount to List
$60,540
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$600,000
Outstanding Balance
$288,346
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$2,370,228
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 Buyer Sale Price Title Company
Burnett William C -- None Available
Burnette William C $1,660,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnette William C $200,000
Open Burnette William C $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $1,659,540 +3.8% $538 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $1,599,000 0.0% $518 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $1,599,000 -- $518 / 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 $20,079 $1,925,985 $1,044,524 $881,461
2024 $19,843 $1,888,222 $1,024,044 $864,178
2023 $19,843 $1,851,199 $1,003,965 $847,234
2022 $19,538 $1,814,902 $984,280 $830,622
2021 $19,494 $1,779,317 $964,981 $814,336
2020 $19,268 $1,761,073 $955,087 $805,986
2019 $19,125 $1,726,543 $936,360 $790,183
2018 $18,892 $1,692,690 $918,000 $774,690
2017 $18,384 $1,659,500 $900,000 $759,500
2016 $5,592 $521,600 $406,100 $115,500
2015 $4,478 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1061463

California Regional Multiple Listing Service (CRMLS)

APN: 010-242-074