$2,000,000
SOLD NOV 20, 2015
6 Beds
6 Baths
5,757 Sq Ft
4.72 Acres

Recently Sold

$347 Per Sq Ft

106 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Trees or Woods
  • Marble Flooring
  • Arroyo Grande High School Rated A-
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling

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 Listed on: 07/08/2015

Last Buyer's Agent

Steve Ferrario

BHGRE Haven Properties Listed on: 07/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,353

Year Built

  • Built in 2007

Lot Details

  • 4.72 Acre Lot
  • Fenced
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Zoning described as Residential Rural

Parking

  • 4 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Circular Driveway

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 5,757 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Home Security

  • Intercom
  • Alarm System
  • Fire Sprinkler System

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Water Softener
  • Septic Tank
  • Cable TV Available

Additional Features

  • Hand Rail
  • Green Water Conservation Infrastructure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 075-040-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,353

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • FILLACRES: 4.72
  • ApproxYrBlt: 2007
  • Directions To Property: Take Los Berros to El Campo-Heading towards Cypress Ridge, right on Sevada, right on Painted sky, left on Indian Hills. Home 2nd on right.
  • Listing Member Name: Steve Ferrario
  • Listing Office Short Id: 198510950
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 205603.00
  • Major Area: 10 - Arroyo Grande
  • Open House Office I D: 20170308161130368822000000
  • Property Sub Type: Single Family Residence
  • Prop. Type: A
  • Selling Member Short Id: 2414
  • Selling Office Short Id: 198510950
  • StairsToEntry: Yes
  • Building Stories: 2
  • Under Construction: No
  • WellInstalled: No
  • Appliances Included: Cable, Convection, Dishwasher, Garbage Disp, Intercom, Microwave, Oven Double, Oven/Range-Gas, Refrigerator, Water Softener
  • Unit Levels: Two
  • Geen Feat.: Paved Streets
  • Senior Community: No
  • PrimaryBedroomOnLwrLvl: No
  • Special Features: None
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Lower Floor 1 Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Dining Description: Dining Area, Formal/Separate, Nook
  • FireplaceLocType: Family Room, Gas Logs, Living Room, Primary Bedroom, Wood Burning
  • Flooring: Carpet, Marble, Stone
  • Interior Amenities: Cathedral Ceilings, Dual Pn Windows, Fire Sprinklers, Hand Rails, Pantry, Security Alarm, Wet Bar
  • Laundry: Laundry Rm/Inside
  • Fireplaces: 4
  • Sq Ft Guest Dwelling: Attached

Exterior Features

  • Exterior: Brick/Stone, Stucco
  • Exterior Features: BBQ, Fenced, Horses Allowed, Patio, Yard Sprinklers
  • Foundation: Slab
  • Roof: Clay, Tile
  • View: Hill/Peak/Mnt, Valley, Wooded

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: Attached Garage

Utilities

  • Air Conditioner: Ceiling Fans
  • Heating: Forced Air, Natural Gas
  • Green Energy: None
  • Sewer: Septic Tank
  • Hot Water: Private

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Characteristics: Foothill
  • Zoning Description: Residential Rural

Green Features

  • Green Features: Drought Resist. Vege, Energystar Appliance, H2O Conserve Irriga., Low E Windows
  • Green Ratings: None

Tax Info

  • Assessor Parcel Number: 075-040-15

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
Current Estimated Value
$3,288,433

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
5.70%
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

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,000,000 First American Title Company
Grant Deed $1,600,000 First American Title Company
Grant Deed $154,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,370,000 New Conventional
Closed $1,500,000 New Conventional
Closed $1,500,000 Seller Take Back
Previous Owner $250,001 Credit Line Revolving
Previous Owner $275,000 Unknown
Previous Owner $275,000 Construction
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: North Santa Barbara County Regional MLS

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 $24,353 $2,367,588 $710,274 $1,657,314
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

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Source: North Santa Barbara County Regional MLS

MLS Number: 1057124

North Santa Barbara County Regional MLS

APN: 075-042-015