NOT LISTED FOR SALE

2775 Silver Way Arroyo Grande, CA 93420

Estimated Value: $1,576,000 - $1,730,000

3 Beds
3 Baths
2,777 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,550,000 $558 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,154/month

211 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Fireplace in Primary Bedroom
  • Arroyo Grande High School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of October 2024

Located in the desirable Indian Hills neighborhood where you can this 3 bedroom plus office home where you can enjoy the quiet beauty of country living while living in city style comfort. This home is a true masterpiece with 2775 square feet of pure luxury with lots of windows for natural lighting and views that will take your breath away. As you walk through its front door the living room boasts a slate fireplace, built in shelving, recessed lighting, crown molding and walls lined with windows featuring spectacular views and a door for deck access. The spacious kitchen features recessed lighting, a breakfast bar, Granite counters, custom cabinets, double oven, pantry and small desk. Next to the kitchen is a large dining room, filled with natural lighting where you can enjoy views from almost every turn.
Both guest bedrooms are generous in size with consistent 8' doors and 10' ceilings through out. The master suite has walls of windows with fabulous views at every turn, there are 2 separate closets, a gas stove for ambiance. The master bath is oversized with 2 sinks, a separate shower and tub and views at every turn.
A large laundry room with sink and out door access leads you into the finished 3 car garage.
Enjoy your privacy and sense of comfort amongst the oaks with this spectacular home that has it all.

Last Agent to Sell the Property

Marcia Guthrie

Coastal Connection Real Estate Brokerage Phone: 805-709-0500 License #00984370 Listed on: 02/24/2024

Last Buyer's Agent

Gary Gracia

Gary Gracia Real Estate License #01003239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,109

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Gentle Sloping Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RR

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,777 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Laundry Room

Kitchen

  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Private Water Source
  • Water Softener
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1863
  • Assessor Parcel Number 075041016

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,109

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 075041016
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2777.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: first level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 558.16
  • Room Type: Entry, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office
  • Bathroom Features: Bathtub, Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Privacy Toilet Door, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • View: Canyon, City Lights, Hills, Mountain(s), Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Microwave, Vented Exhaust Fan, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Gentle Sloping
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43560.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 123.05
  • Tax Lot: 1
  • Tax Tract Number: 1863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Sep 25, 2024
Sold by
Stitz Leonard and Stitz Clare
Bought by
Loal Rodney Lorenzen And Mary Elizabeth Loren and Lorenzen
Seller's Agent
Marcia Guthrie
Coastal Connection Real Estate
Buyer's Agent
Gary Gracia
Gary Gracia Real Estate
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%
Views
209
Current Estimated Value
$1,669,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,530
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Jan 27, 2021
Sold by
Stitz Leonard and Stitz Clare
Bought by
Stitz Leonard and Stitz Clare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
Cabreros Clarence C and Cabreras Julia G
Bought by
Stitz Leonard and Stitz Clare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,685
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2002
Sold by
Cabreros Clarence C and Cabreros Julia G
Bought by
Cabreros Clarence C and Cabreros Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.86%
Mortgage Type
Balloon

Purchase Details

Closed on
May 17, 2001
Sold by
Huber Ranch Associates
Bought by
Cabreros Clarence C and Cabreros Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,300
Interest Rate
7.15%
Mortgage Type
Seller Take Back
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
Loal Rodney Lorenzen And Mary Elizabeth Loren $1,550,000 First American Title
Stitz Leonard -- Pacific Coast Title Company
Stitz Leonard $1,075,000 Fidelity National Title Co
Cabreros Clarence C -- First American
Cabreros Clarence C $169,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stitz Leonard $225,000
Previous Owner Stitz Leonard $120,000
Previous Owner Stitz Leonard $491,000
Previous Owner Stitz Leonard $220,000
Previous Owner Stitz Leonard $698,685
Previous Owner Cabreros Clarence C $393,000
Previous Owner Cabreros Clarence C $322,700
Previous Owner Cabreros Clarence C $175,000
Previous Owner Cabreros Clarence C $300,700
Previous Owner Cabreros Clarence C $300,700
Previous Owner Cabreros Clarence C $422,100
Previous Owner Cabreros Clarence C $118,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $1,550,000 -3.1% $558 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $1,599,000 -3.1% $576 / Sq Ft
02/24/2024 02/24/24 For Sale $1,650,000 -- $594 / 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 $15,109 $1,550,000 $750,000 $800,000
2024 $14,936 $1,440,122 $803,866 $636,256
2023 $14,936 $1,411,885 $788,104 $623,781
2022 $14,711 $1,384,201 $772,651 $611,550
2021 $10,853 $1,003,000 $560,000 $443,000
2020 $9,727 $900,000 $500,000 $400,000
2019 $10,572 $965,000 $539,000 $426,000
2018 $10,655 $965,000 $539,000 $426,000
2017 $9,648 $873,000 $485,000 $388,000
2016 $9,282 $873,000 $485,000 $388,000
2015 $8,671 $815,000 $454,000 $361,000
2014 $8,307 $795,000 $445,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24034981

California Regional Multiple Listing Service (CRMLS)

APN: 075-041-016