NOT LISTED FOR SALE

260 Cimarron Way Arroyo Grande, CA 93420

Estimated Value: $481,804

5 Acres
$95,218 Price per Acre
220,414 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $322,000

Est. 50% increase in value since last sale

Current estimated payment $2,858/month

789 Days on Market

Highlights

  • Horse Property Unimproved
  • 5.06 Acre Lot
  • Foothills
  • Bay View
  • No HOA
  • Gentle Sloping Lot

About This Lot

As of February 2020

LOT 2 - This 5 acre parcel has a sweeping view of LAETITIA VINEYARDS, mountains and a sneak peek at Avila Bay. Beautiful Old Oak trees and evening sunsets are always a "WOW"! Red tail hawks dance on the breeze at eye level. Country Living close to everything. Halfway between San Luis Obispo and Santa Maria makes this property ideal for quick commute. Build your dream home or vacation home as Pismo Dunes are very close as well as several golf courses. Horses welcome. ONLY 2 LOTS LEFT! Lot 4 is also available. Each lot has an individual well producing 50 GALLONS A MINUTE. with pump installed. Water, water and more water. Zoned for two homes per lot with no minimum square footage. Second home to be maximum 1200 sq. ft. Electric installed to parcels. NO HOA's! This Lot is part of a 30 acre parcel recently subdivided. There is an existing 2835 sq. ft. house on 7 acres can also be purchased as well. Buy the entire project and live in house while building spec or family compound. Sub-division is complete and "White Report" issued. Purchase Agreements must following "White Report" guidelines, available upon request. Escrow to be: First American Title, Pismo. Kelly Lemay

Last Agent to Sell the Property

Jack Tracy

Jack Tracy Realty License #01117385 Listed on: 11/10/2017

Last Buyer's Agent

Jack Tracy

Jack Tracy Realty License #01117385 Listed on: 11/10/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,614

Lot Details

  • 5.06 Acre Lot
  • Gentle Sloping Lot
  • Density is 2-5 Units/Acre
  • Property is zoned rural residential

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Woods
  • Peek-A-Boo
  • Mountain

Utilities

  • Propane
  • Well
  • Phone Available

Additional Features

  • Urban Location
  • Horse Property Unimproved

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 2

Property Details

Property Type

Land

Est. Annual Taxes

$3,614

Lot Details

0

Listing Details

  • Subdivision Name Other: Cimarron View Estates
  • View: Yes
  • Well Hole Size: 6
  • Well Report: Yes
  • Zoning: rural residential
  • Property Type: Land
  • Parcel Number: 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.46

Exterior Features

  • View: Bay, City Lights, Mountain(s), Panoramic, Peek-A-Boo, Trees/Woods
  • Trees: Oaks

Utilities

  • Utilities: Electricity Available, Phone Available, Propane
  • Water Source: Well
  • Water Well: Yes
  • Well Gallons Per Minute: 50.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Storm Drains, Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4
  • Current Geological: Yes
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Gentle Sloping, Horse Property Unimproved
  • Lot Size Sq Ft: 220413.60
  • Lot Size Acres: 5.0600

Multi Family

  • Lot Size Area: 5.0600 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 14, 2020
Sold by
Tracy Jack R and Tracy Danielle S
Bought by
Cox David G and Cox Kelli M
Seller's Agent
Jack Tracy
Jack Tracy Realty
Buyer's Agent
Jack Tracy
Jack Tracy Realty
List Price
$525,000
Sold Price
$322,000
Premium/Discount to List
-$203,000
-38.67%
Total Days on Market
789
Current Estimated Value
$481,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,804
Avg. Annual Appreciation
8.43%
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
Cox David G $322,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $322,000 -6.7% --
01/08/2020 01/08/20 Pending -- -- --
10/10/2019 10/10/19 Price Changed $345,000 -1.4% --
09/17/2019 09/17/19 Price Changed $350,000 -4.1% --
08/21/2019 08/21/19 Price Changed $365,000 -2.7% --
04/23/2019 04/23/19 Price Changed $375,000 -2.6% --
04/03/2019 04/03/19 Price Changed $385,000 -2.5% --
10/22/2018 10/22/18 Price Changed $395,000 -4.8% --
06/29/2018 06/29/18 Price Changed $415,000 -2.4% --
06/04/2018 06/04/18 Price Changed $425,000 -14.1% --
01/16/2018 01/16/18 Price Changed $495,000 -5.7% --
11/10/2017 11/10/17 For Sale $525,000 -- --
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
2024 $3,614 $348,464 $348,464 --
2023 $3,614 $341,632 $341,632 $0
2022 $3,560 $334,934 $334,934 $0
2021 $3,553 $328,367 $328,367 $0
2020 $1,352 $125,121 $125,121 $0
2019 $1,344 $122,668 $122,668 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jack Tracy

    Jack Tracy Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI17254970

California Regional Multiple Listing Service (CRMLS)

APN: 090-042-054

California San Luis Obispo County Arroyo Grande 93420

260 Cimarron Way, Arroyo Grande, CA

This home is located at 260 Cimarron Way, Arroyo Grande, CA 93420 since 10 November 2017 and is currently estimated at $481,804. 260 Cimarron Way is a home located in San Luis Obispo County with nearby schools including Nipomo Elementary School, Mesa Middle School, and Nipomo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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