NOT LISTED FOR SALE

302 W Cherry Ave Arroyo Grande, CA 93420

Estimated Value: $878,000 - $919,000

3 Beds
2 Baths
1,386 Sq Ft
$654/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $675,000 $487 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,457/month

16 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Forced Air Heating System
  • Arroyo Grande High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2021

Welcome home! This single level 3 bedroom, 2 bath home is in the heart of Arroyo Grande. Close to shopping, the historic village of Arroyo Grande and award winning wineries! This home was built in 1951 and has all the charm as well as today’s modern updates! You'll fall in love with this open floor plan that features vaulted ceilings and tons of natural light throughout. Fabulous finishes include gorgeous hardwood floors, granite kitchen counters, updated kitchen appliances, oversized kitchen pantry and updated bathroom finishes. The back yard offers great entertaining space, a grass area for your pets and room to BBQ. Plenty of space for boat or RV parking. Other updates include tankless water heater, water softener, “smart” garage door, new dishwasher, exterior fence and more! Call today for your private showing.

Last Agent to Sell the Property

Teri McKay

Real Brokerage Technologies License #01920220 Listed on: 02/04/2021

Real Brokerage Technologies

Last Buyer's Agent

Max Zappas

Max Zappas, Broker License #01997012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,558

Year Built

  • Built in 1951

Lot Details

  • 6,050 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned SF

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Neighborhood

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • West Of 101 Subdivision

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 006045018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,558

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: West of 101(1000)
  • View: Yes
  • Zoning: SF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006045018
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1386.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 487.01
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6050.00
  • Lot Size Acres: 0.1389

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6050.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 119.01
  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Feb 25, 2021
Sold by
Loy Matthew Thomas and Loy Katrina Lynn
Bought by
Peters Gary L and Peters Katherine
Seller's Agent
Teri McKay
Real Brokerage Technologies
Buyer's Agent
Max Zappas
Max Zappas, Broker
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$906,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,927
Avg. Annual Appreciation
6.72%
Original Mortgage
$464,000
Outstanding Balance
$416,154
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$490,773

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 13, 2020
Sold by
Frazier Daniel F
Bought by
Loy Matthew Thomas and Loy Katrina Lynn
Seller's Agent
Brooke Fraser
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Karly Jane Smith
LPT Realty, Inc.
List Price
$625,000
Sold Price
$623,500
Premium/Discount to List
-$1,500
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$637,840
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Apr 6, 2004
Sold by
Moscardi Timothy M and Moscardi Melissa R
Bought by
Frazier Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
White Lola M
Bought by
Moscardi Timothy M and Moscardi Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
1.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1994
Sold by
White Lola M
Bought by
White Lola M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peters Gary L $675,000 Fidelity National Title Co
Loy Matthew Thomas $623,500 Fidelity National Title Co
Frazier Daniel F $460,000 Fidelity Title Company
Moscardi Timothy M $320,000 Fidelity Title Company
White Lola M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Gary L $464,000
Previous Owner Loy Matthew Thomas $637,840
Previous Owner Frazier Daniel F $299,000
Previous Owner Moscardi Timothy M $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $675,000 0.0% $487 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $675,000 0.0% $487 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $675,000 +8.3% $487 / Sq Ft
02/20/2020 02/20/20 Sold $623,500 -0.2% $450 / Sq Ft View Prior Sale
12/19/2019 12/19/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $625,000 -- $451 / 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 $7,558 $730,639 $476,269 $254,370
2024 $7,471 $716,314 $466,931 $249,383
2023 $7,471 $702,270 $457,776 $244,494
2022 $7,358 $688,500 $448,800 $239,700
2021 $6,778 $629,959 $404,144 $225,815
2020 $6,423 $598,011 $383,510 $214,501
2019 $5,612 $517,000 $330,000 $187,000
2018 $5,335 $488,000 $313,000 $175,000
2017 $5,184 $473,000 $305,000 $168,000
2016 $4,213 $400,000 $257,000 $143,000
2015 $3,810 $360,000 $240,000 $120,000
2014 $3,533 $340,000 $220,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21023985

California Regional Multiple Listing Service (CRMLS)

APN: 006-045-018