NOT LISTED FOR SALE

261 James Way Arroyo Grande, CA 93420

Estimated Value: $1,006,372 - $1,561,000

3 Beds
2 Baths
2,121 Sq Ft
$599/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $660,000 $311 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,614/month

21 Days on Market

Highlights

  • 34,253 Sq Ft lot
  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Ocean View Elementary School Rated A-
  • No HOA
  • Beamed Ceilings

About This Home

As of August 2018

Location, Location, Location!! Come check out this Diamond in the Rough located close to the Historic Village of Arroyo Grande, Wineries, and just minutes to the Beautiful Blue Pacific Ocean. Bring your vision and imagination! This single level home features separate living and family rooms, spacious kitchen with large walk in pantry, and a very large laundry room with tons of storage space. Situated on an over 34,000 square foot lot and equipped with 3 bedrooms, 2 bathrooms and approximately 2121 square feet, this property is ready for whatever you can dream up!

Last Agent to Sell the Property

Jennifer Leininger

Century 21 Masters-Arroyo Grande License #01187424 Listed on: 06/12/2018

Century 21 Masters-Arroyo Grande

Co-Listed By

Sheila Hardy

Century 21 Masters-Arroyo Grande License #01136266

Last Buyer's Agent

Howard Hess

Cal Coast Realty License #01189059

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,701

Year Built

  • Built in 1976

Lot Details

  • 0.79 Acre Lot
  • Wood Fence
  • Front Yard
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway Level

Home Design

  • Composition Roof

Interior Spaces

  • 2,121 Sq Ft Home
  • Beamed Ceilings
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Rain Gutters

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007221015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,701

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007221015
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2121.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Pantry
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 311.17
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 34253.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Muetzel Derek and Muetzel Rachel
Bought by
Derek Muetzel And Rachel Muetzel Revocable Li and Muetzel
Current Estimated Value
$1,262,344

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 26, 2018
Sold by
Rosales Kathkleen J
Bought by
Muetzel Derek and Muetzel Rachel
Seller's Agent
Jennifer Leininger
Century 21 Masters-Arroyo Grande
Buyer's Agent
Howard Hess
Cal Coast Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Derek Muetzel And Rachel Muetzel Revocable Li -- None Listed On Document
Derek Muetzel And Rachel Muetzel Revocable Li -- None Listed On Document
Muetzel Derek $660,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muetzel Derek $600,000
Previous Owner Muetzel Derek $600,000
Previous Owner Muetzel Derek $495,000
Previous Owner Muetzel Derek $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $660,000 -5.6% $311 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $699,000 0.0% $330 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $699,000 -- $330 / 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 $7,701 $751,551 $517,294 $234,257
2024 $7,611 $736,815 $507,151 $229,664
2023 $7,611 $722,368 $497,207 $225,161
2022 $7,494 $708,205 $487,458 $220,747
2021 $8,258 $765,953 $477,900 $288,053
2020 $7,240 $673,200 $459,000 $214,200
2019 $7,186 $660,000 $450,000 $210,000
2018 $1,396 $125,891 $29,710 $96,181
2017 $1,295 $123,424 $29,128 $94,296
2016 $1,222 $121,005 $28,557 $92,448
2015 $1,211 $119,189 $28,129 $91,060
2014 $1,165 $116,855 $27,578 $89,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18139575

California Regional Multiple Listing Service (CRMLS)

APN: 007-221-015