NOT LISTED FOR SALE

2690 Indian Hills Way Arroyo Grande, CA 93420

Estimated Value: $3,049,174 - $4,029,000

6 Beds
6 Baths
5,757 Sq Ft
$588/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $2,000,000 $347 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $21,021/month

106 Days on Market

Highlights

  • Horse Property
  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Arroyo Grande High School Rated A-
  • Maid or Guest Quarters
  • Recreation Room

About This Home

As of November 2015

Tuscan Inspired Estate. Located in the exclusive Indian Hills development of Arroyo Grande & situated on 4.72 acres. Considerable thought was given to the placement of the home on this property to take full advantage of the surrounding open space and dozens of native oak trees that adorn the property. This Beautiful 5757 sq.ft. home was constructed in 2007 and exemplifies the meaning of unmistakable elegance and quality. Upon entering, the custom wrought iron front doors set the tone of opulent splendour. 5 bedrooms,6 baths,4 car garage & travertine floors. The formal LR features built-in alder hutches, stone fireplace and 20' wall of windows that showcase the over-sized patio area. The kitchen is as functional as it is breathtaking featuring all-Viking Kitchen with 60 stove/ovens. Formal

Last Agent to Sell the Property

Steve Ferrario

BHGRE HAVEN PROPERTIES License #01033421 Listed on: 09/29/2015

BHGRE HAVEN PROPERTIES

Last Buyer's Agent

Steve Ferrario

BHGRE HAVEN PROPERTIES License #01033421 Listed on: 09/29/2015

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,074

Year Built

  • Built in 2007

Lot Details

  • 4.72 Acre Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned RRUR

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Property Views

  • Woods
  • Hills
  • Valley

Home Design

  • Slab Foundation
  • Clay Roof

Interior Spaces

  • 5,757 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Recreation Room
  • Stone Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Convection Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Home Security

  • Home Security System
  • Intercom
  • Fire Sprinkler System

Outdoor Features

  • Horse Property
  • Patio
  • Outdoor Grill

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener
  • Conventional Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Indian Hills Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 07504015

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,074

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Security: Fire Sprinkler System, Security System
  • Subdivision Name Other: West of 101(1000)
  • View: Yes
  • Zoning: RRUR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 07504015
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5757.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Intercom, Pantry, Wet Bar
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 347.40
  • Room Type: Den, Family Room, Guest/Maid's Quarters, Recreation, Office
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Trees/Woods, Valley
  • Fence: Yes
  • Patio And Porch Features: Patio
  • Roof: Clay

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Double Oven, Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator, Water Softener
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Name: Indian Hills
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Features: Horse Property, Paved, Sprinkler System
  • Lot Size Sq Ft: 205603.00
  • Lot Size Acres: 4.7200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Karapetian Hamlet and Karapetian Lala
Bought by
Karapetian Hamlet and Karapetian Lala
Total Days on Market
106
Current Estimated Value
$3,387,391

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 5, 2015
Sold by
Franks David P and Franks Mary Lois
Bought by
Karapetian Hamlet and Karapetian Lala
Seller's Agent
Steve Ferrario
BHGRE HAVEN PROPERTIES
Buyer's Agent
Steve Ferrario
BHGRE HAVEN PROPERTIES
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,500,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 25, 2011
Sold by
Scozzari William J and Scozzari Laura A
Bought by
Franks David P and Franks Mary Lois

Purchase Details

Closed on
Apr 10, 1998
Sold by
Fagoora Param S and Fagoora Harjeet K
Bought by
Scozzari William J and Scozzari Laura A
Source: Public Records

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Range of Values:

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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
Karapetian Hamlet -- None Available
Karapetian Hamlet $2,000,000 First American Title Company
Franks David P $1,600,000 First American Title Company
Scozzari William J $154,000 First American Title Ins Co
Fagoora Param S -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karapetian Hamlet $1,370,000
Closed Karapetian Hamlet $1,500,000
Closed Karapetian Hamlet $1,500,000
Previous Owner Franks David P $250,001
Previous Owner Scozzari William J $275,000
Previous Owner Scozzari William J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $2,000,000 0.0% $347 / Sq Ft
11/20/2015 11/20/15 Sold $2,000,000 -4.8% $347 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $2,100,000 0.0% $365 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $2,100,000 -- $365 / 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
2024 $24,074 $2,321,166 $696,348 $1,624,818
2023 $24,074 $2,275,654 $682,695 $1,592,959
2022 $23,710 $2,231,034 $669,309 $1,561,725
2021 $23,667 $2,187,289 $656,186 $1,531,103
2020 $23,397 $2,164,862 $649,458 $1,515,404
2019 $23,253 $2,122,415 $636,724 $1,485,691
2018 $22,976 $2,080,800 $624,240 $1,456,560
2017 $22,546 $2,040,000 $612,000 $1,428,000
2016 $21,264 $2,000,000 $600,000 $1,400,000
2015 $17,716 $1,672,162 $418,040 $1,254,122
2014 $17,058 $1,639,408 $409,852 $1,229,556
Source: Public Records

Agents Affiliated with this Home

  • Steve Ferrario

    Seller's Agent in 2015

    Steve Ferrario

    BHGRE HAVEN PROPERTIES

    (805) 215-3350

    57 Total Sales

    Steve Ferrario
    Section Image

  • J

    Buyer Co-Listing Agent in 2015

    Joanie James

    CornerStone Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1057124

California Regional Multiple Listing Service (CRMLS)

APN: 075-042-015

California San Luis Obispo County Arroyo Grande 93420

2690 Indian Hills Way, Arroyo Grande, CA

This home is located at 2690 Indian Hills Way, Arroyo Grande, CA 93420 since 29 September 2015 and is currently estimated at $3,387,391, approximately $588 per square foot. This property was built in 2007. 2690 Indian Hills Way is a home located in San Luis Obispo County with nearby schools including Oceano Elementary School, Paulding Middle School, and Arroyo Grande High School.

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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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