NOT LISTED FOR SALE

2535 Terrace Sands Ln Oceano, CA 93445

Oceano Neighborhood

Estimated Value: $862,444 - $940,000

3 Beds
2.5 Baths
1,640 Sq Ft
$554/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $672,427 $410 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,561/month

90 Days on Market

Highlights

  • Under Construction
  • View of Hills
  • Spanish Architecture
  • Arroyo Grande High School Rated A-
  • Main Floor Primary Bedroom
  • Quartz Countertops

About This Home

As of May 2021

Welcome to NEW HOMES UNDER CONSTRUCTION at Ocean Ridge, A Blossoming New Neighborhood with a Private Drive and Elevated Views, Nestled within the Beautiful 5-Cities Beach Community. The PIER (LOTS 1-4) Plan offers Lower Level Master Suite and Laundry Room; Semi-Smooth Stucco; Tile Roof, Front Yard Landscaping; Energy Efficient with Low-Flow Water Fixtures; Tankless Water Heater; Insulated Interior Walls, Ceilings, and Garage; Well Appointed Kitchen with Peninsula; Soft-Close Shaker Style Cabinets; Porcelain Tile and Quartz Countertops; Luxury Vinyl Flooring on Main Level, Finished Two Car Garage with Full Size Driveway. ****SELECTED PHOTOS ARE FROM COMPLETED HOMES AND REPRESENT FUTURE FINISH POSSIBILITIES ONLY....HOME IS IN BEGINNING STAGES OF CONSTRUCTION...STILL TIME TO CHOOSE FROM SELECTED INTERIOR FINISHES!*** Purchase Includes a 2-10 Home Warranty

Last Agent to Sell the Property

Lois Trompeter

Premier Realty Associates License #01225655 Listed on: 07/03/2020

Premier Realty Associates

Last Buyer's Agent

Janice Engle

Century 21 Masters License #01997578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,758

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 6,436 Sq Ft Lot
  • Property fronts a private road
  • Southeast Facing Home
  • Wood Fence
  • New Fence
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $118 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Living Room with Fireplace
  • Views of Hills
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Water Line To Refrigerator
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Quartz Bathroom Countertops

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Arroyo Grande High School

Utilities

  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Community Details

  • Ocean Ridge Association, Phone Number (805) 543-0548
  • Western Realty HOA
  • Built by CAL PROJECTS, LLC MIKE BOGLE CONSTR
  • J "The Pier"

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 3059
  • Assessor Parcel Number 062074023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,758

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$118 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 805-712-4443
  • Other Phone Description: 805-712-4443
  • Other Phone Number: 805-712-3334
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System
  • Subdivision Name Other: Ocean Ridge
  • View: Yes
  • Architectural Style: Spanish
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 062074023
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 1640.00 Square Feet
  • Stories: 2
  • Entry Location: MAIN LEVEL
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 410.02
  • Room Type: Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Bathroom Features: Quartz Counters
  • Room Kitchen Features: Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: New Condition, Wood
  • Builder Name: CAL PROJECTS, LLC MIKE BOGLE CONSTR
  • Patio And Porch Features: Covered, Front Porch, Slab
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Disposal, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 118.47
  • Association Fee Frequency: Monthly
  • Association Name: OCEAN RIDGE
  • Phone: 805-543-0548
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Suburban
  • Association Management: WESTERN REALTY

Schools

  • School District: Lucia Mar Unified
  • High School: Arroyo Grande
  • High School: Arroyo Grande
  • High School2: ARRGR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
  • Lot Size: 6436
  • Lot Size Sq Ft: 6436.00
  • Lot Size Acres: 0.1478

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6436.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Census Tract: 122.00
  • Tax Lot: 4
  • Tax Tract Number: 3059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
May 7, 2021
Sold by
Cal Projects Llc
Bought by
Payne Jeffrey Scott
Seller's Agent
Lois Trompeter
Premier Realty Associates
Buyer's Agent
Janice Engle
Century 21 Masters
List Price
$665,000
Sold Price
$672,427
Premium/Discount to List
$7,427
1.12%
Current Estimated Value
$908,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,684
Avg. Annual Appreciation
7.46%
Original Mortgage
$537,942
Outstanding Balance
$409,196
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$508,395
Source: Public Records

Range of Values:

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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
Payne Jeffrey Scott $672,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Jeffrey Scott $537,942
Previous Owner Cal Projects Llc $435,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $672,427 +0.5% $410 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $669,000 +0.6% $408 / Sq Ft
07/03/2020 07/03/20 For Sale $665,000 -- $405 / 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 $7,758 $727,391 $381,014 $346,377
2024 $7,671 $713,130 $373,544 $339,586
2023 $7,671 $699,148 $366,220 $332,928
2022 $7,559 $685,440 $359,040 $326,400
2021 $2,166 $189,602 $134,202 $55,400
2020 $1,443 $132,826 $132,826 $0
2019 $1,433 $130,222 $130,222 $0
2018 $1,416 $127,669 $127,669 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20105450

California Regional Multiple Listing Service (CRMLS)

APN: 062-074-023