$1,092,500
SOLD OCT 23, 2017
5 Beds
3.5 Baths
4,247 Sq Ft
0.51 Acres

Recently Sold

$257 Per Sq Ft

13% Below List Price

213 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • 22,216 Sq Ft lot
  • Monarch Grove Elementary School Rated A
  • RV Access or Parking
  • Maid or Guest Quarters

About This Home

As of October 2017

Stunning Coastal Estate in the Scenic Community of Los Osos! This Private, Gated Half Acre Property Offers 4247 SF of Living Space Including a Detached Guest Home and Studio. There is an Additional 1772 SF which Includes: a Beautiful Glass Top Atrium; a 3-Car Garage with Built in Cabinets; and an RV Garage and Workshop with Separate Entrance from Street. Interior Features Custom Woodwork Throughout Adding to the Home's Natural Warmth and Ambiance. Main Home Offers: Four Bedrooms, Two and a Half Bathrooms, Including a Spacious Master Suite; Two Living Spaces, and Functional, Well Planned Kitchen and Dining. Guest Home Features an Additional Bedroom, Bathroom Plus Living/Work Space. Detached Studio Could Be Used as a Dance Studio, Exercise Room, Artist Retreat, and More. Property has been Meticulously Cared For and Well Maintained. Covey Lane Estate is Gorgeous, Unique, and Move-In Ready. Located Close to Trails, Hiking, and More. Don't Miss this Hidden Gem!

Last Agent to Sell the Property

Eric Kimmell

Atlas Real Estate & Investment License #01730653 Listed on: 02/01/2017

Co-Listed By

Carrie Kimmell

Atlas Real Estate & Investment License #01904443

Last Buyer's Agent

Farid Shahid

Eighty20 Group License #02025653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,348

Year Built

  • Built in 1987

Lot Details

  • 0.51 Acre Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Hills
  • Valley

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Concrete Roof

Interior Spaces

  • 4,247 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 074326039

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,348

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Bayview Heights(570)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 074326039
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4247.00 Square Feet
  • Interior Amenities: Pantry, Vacuum Central, Wet Bar
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 257.24
  • Room Type: Den, Family Room, Guest/Maid's Quarters, Office, Recreation, Sun
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House Attached, Workshop
  • View: Hills, Ocean, Panoramic, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Deck
  • Roof: Concrete
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Garage Faces Rear, RV Access/Parking
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Water Softener
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 22216.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Sep 13, 2017
Sold by
Keegan Kenneth M
Bought by
Luthin Tanya and Braun Clifton S
Seller's Agent
Eric Kimmell
Atlas Real Estate & Investment
Buyer's Agent
Farid Shahid
Eighty20 Group
List Price
$1,250,000
Sold Price
$1,092,500
Premium/Discount to List
-$157,500
-12.6%
Current Estimated Value
$1,826,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,576
Avg. Annual Appreciation
6.12%
Original Mortgage
$874,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2014
Sold by
Keegan Anita F and Keegan Kenneth M
Bought by
Keegan Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 14, 2011
Closed on
Apr 14, 2012
Sold by
Newman Stephen L and Newman Bonnie D
Bought by
Keegan Kenneth M and Keegan Anita F
Seller's Agent
Leon Van Beurden
Bay Osos Brokers
Buyer's Agent
Sandra Madison
Century 21 Hometown Realty, Pismo Beach Office
List Price
$885,000
Sold Price
$845,000
Premium/Discount to List
-$40,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$250,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1999
Sold by
Taylor Stephen F and Taylor Joy E
Bought by
Newman Stephen L and Newman Bonnie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.77%

Purchase Details

Closed on
Oct 8, 1996
Sold by
Walker Richard D and Walker Shirley J
Bought by
Taylor Stephen F and Taylor Joy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.7%
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 Type Sale Price Title Company
Grant Deed $1,092,500 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $845,000 First American Title Company
Grant Deed $620,000 First American Title Ins Co
Grant Deed $500,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $782,660 New Conventional
Closed $874,000 New Conventional
Previous Owner $385,000 Purchase Money Mortgage
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $195,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $232,000 Unknown
Previous Owner $255,000 No Value Available
Previous Owner $262,000 Unknown
Previous Owner $216,000 Credit Line Revolving
Previous Owner $270,000 Unknown
Previous Owner $216,000 Credit Line Revolving
Previous Owner $280,000 No Value Available
Previous Owner $25,000 Unknown
Previous Owner $350,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $1,092,500 -8.9% $257 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
07/07/2017 07/07/17 Price Changed $1,199,000 -4.1% $282 / Sq Ft
02/01/2017 02/01/17 For Sale $1,250,000 +47.9% $294 / Sq Ft
05/17/2012 05/17/12 Sold $845,000 0.0% $211 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $845,000 -4.5% $211 / Sq Ft
12/14/2011 12/14/11 For Sale $885,000 -- $221 / 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 $13,348 $1,218,701 $557,758 $660,943
2023 $13,348 $1,194,806 $546,822 $647,984
2022 $12,514 $1,171,379 $536,100 $635,279
2021 $12,312 $1,148,412 $525,589 $622,823
2020 $12,185 $1,136,637 $520,200 $616,437
2019 $12,058 $1,114,350 $510,000 $604,350
2018 $11,820 $1,092,500 $500,000 $592,500
2017 $9,834 $914,506 $243,506 $671,000
2016 $9,639 $896,576 $238,732 $657,844
2015 $9,491 $883,110 $235,147 $647,963
2014 $8,734 $865,812 $230,541 $635,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1074680

California Regional Multiple Listing Service (CRMLS)

APN: 074-326-039