Seller's Agent in 2020
John Cole
Richardson Sotheby's International Realty
(805) 748-1137
72 Total Sales
2855 Branch Mill Rd Arroyo Grande, CA 93420
Estimated Value: $2,038,000 - $2,312,000
4
Beds
3
Baths
3,000
Sq Ft
$714/Sq Ft
Est. Value
Highlights
- Barn
- Corral
- View of Trees or Woods
- Arroyo Grande High School Rated A-
- Heated In Ground Pool
- 13.47 Acre Lot
About This Home
As of July 2020Rare opportunity to purchase this single level ranch home on over 13 flat usable acres in Arroyo Grande. The home was built in 2003 and has an open floor plan, 9' ceilings, with 4 bedrooms, 3 baths, indoor laundry and an office or den. The kitchen is centrally located an has views of the front pastures or the private back yard. The home also features wrap around front porch, two HVAC and two A/C units, and an attached 4 car garage. The inground pool has a hot tub, and is located in the private and sheltered back yard which is perfect for entertaining. There is a huge barn ready for your animals with pipe pens leading to a turn out pasture, and a separate feed/tack room. The other half of the barn features a work shop with concrete floors and three twelve foot bays and a separate room that could be used as an office. There is also an 1,800 sf unfinished loft area with endless possibilities. The upper and lower pastures are served by an underground irrigation system which pumps water directly from Arroyo Grande Creek which runs through the back portion of the property. This allows for many options including irrigated row crops or irrigated pasture for your livestock. Property has previously been used to raise award winning sheep and cattle. This one of a kind property offers close proximity to the many local beaches, Village of Arroyo Grande, or Edna Valley wineries, while being only 15 minutes from the San Luis Obispo Airport.
Last Agent to Sell the Property
Richardson Sotheby's International Realty License #01939498 Listed on: 04/06/2020
Last Buyer's Agent
Jennifer Leininger
Century 21 Masters-Arroyo Grande License #01187424
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,698
Year Built
- Built in 2003
Lot Details
- 13.47 Acre Lot
- Property fronts a county road
- Cross Fenced
- Barbed Wire
- Livestock Fence
- Landscaped
- Lawn
Parking
- 4 Car Attached Garage
- Parking Available
- Circular Driveway
- Gravel Driveway
- RV Potential
Property Views
- Woods
- Pasture
- Creek or Stream
- Hills
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,000 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Double Pane Windows
- Living Room with Fireplace
- Den
- Bonus Room
- Workshop
- Laundry Room
Kitchen
- Eat-In Kitchen
- <<doubleOvenToken>>
- Gas Cooktop
- <<microwave>>
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
Pool
- Heated In Ground Pool
- Pool Cover
Outdoor Features
- Outbuilding
- Rain Gutters
Schools
- Branch Elementary School
- Paulding Middle School
- Arroyo Grande High School
Farming
- Barn
- Agricultural
- Pasture
Horse Facilities and Amenities
- Horse Property Improved
- Corral
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
- Septic Type Unknown
Additional Features
- No Interior Steps
- Suburban Location
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 047061061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2020
Closed on
Jun 24, 2020
Sold by
Pankey Michael C and Pankey Shari L
Bought by
Lokkart Eric and Lokkart Natalie
Seller's Agent
John Cole
Richardson Sotheby's International Realty
Buyer's Agent
Jennifer Leininger
Century 21 Masters-Arroyo Grande
List Price
$1,499,900
Sold Price
$1,425,000
Premium/Discount to List
-$74,900
-4.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,872
Avg. Annual Appreciation
8.46%
Original Mortgage
$128,000
Outstanding Balance
$114,954
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,025,918
Purchase Details
Closed on
Oct 20, 2000
Sold by
Kirk James M and Kirk Annie L
Bought by
Panky Michael C and Panky Shari L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,217
Interest Rate
7.65%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lokkart Eric | $1,425,000 | Fidelity National Title Co | |
| Panky Michael C | $430,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lokkart Eric | $128,000 | |
| Open | Lokkart Eric | $690,000 | |
| Previous Owner | Pankey Michael C | $585,000 | |
| Previous Owner | Pankey Michael C | $645,000 | |
| Previous Owner | Pankey Michael C | $200,000 | |
| Previous Owner | Pankey Michael C | $100,000 | |
| Previous Owner | Pankey Michael C | $497,000 | |
| Previous Owner | Pankey Michael C | $405,000 | |
| Previous Owner | Pankey Michael C | $363,171 | |
| Previous Owner | Panky Michael C | $314,217 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2020 07/13/20 | Sold | $1,425,000 | -5.0% | $475 / Sq Ft |
| 05/21/2020 05/21/20 | Pending | -- | -- | -- |
| 04/06/2020 04/06/20 | For Sale | $1,499,900 | -- | $500 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,698 | $1,512,221 | $689,785 | $822,436 |
| 2023 | $15,698 | $1,482,570 | $676,260 | $806,310 |
| 2022 | $15,459 | $1,453,500 | $663,000 | $790,500 |
| 2021 | $15,428 | $1,425,000 | $650,000 | $775,000 |
| 2020 | $12,367 | $1,145,031 | $564,364 | $580,667 |
| 2019 | $12,277 | $1,122,581 | $553,299 | $569,282 |
| 2018 | $12,129 | $1,100,570 | $542,450 | $558,120 |
| 2017 | $11,926 | $1,078,991 | $531,814 | $547,177 |
| 2016 | $11,265 | $1,057,836 | $521,387 | $536,449 |
| 2015 | $10,741 | $1,007,299 | $513,556 | $493,743 |
| 2014 | -- | $988,627 | $503,497 | $485,130 |
Source: Public Records
Agents Affiliated with this Home
-
John Cole
-
Dennis Allan
Seller Co-Listing Agent in 2020
Dennis Allan
Allan Real Estate Investments
(805) 473-7500
101 Total Sales
-
J
Buyer's Agent in 2020
Jennifer Leininger
Century 21 Masters-Arroyo Grande
-
Sheila Hardy
S
Buyer Co-Listing Agent in 2020
Sheila Hardy
Century 21 Masters-Arroyo Grande
(805) 489-2100
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI20067942
APN: 047-061-061
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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