$1,230,000
SOLD NOV 27, 2024
3 Beds
2 Baths
1,746 Sq Ft
5,418 Sq Ft Lot

Recently Sold

$704 Per Sq Ft

4% Above List Price

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Hills
  • 2 Car Attached Garage
  • Laguna Middle School Rated A
  • Hiking Trails
  • Walk-In Closet

About This Home

As of November 2024

Welcome to 3170 Cherry Lane in San Luis Obispo, located in the highly desirable Serra Meadows neighborhood. This modern, spacious home offers 3 bedrooms, 2 bathrooms, and 1,746± square feet of thoughtfully designed living space. Built in 2015, this home boasts an open floor plan filled with natural light, creating a bright and airy atmosphere great for modern living. The inviting living room has a gas fireplace for cozy evenings, and a layout that seamlessly flows into the kitchen and dining area. The kitchen is a chef’s dream, complete with modern cabinetry, granite countertops, a large island, a walk-in pantry, and stainless-steel appliances. The dining room overlooks the expansive backyard with convenient glass sliding door access. Enjoy the luxury of a sizable primary bedroom suite with a spacious bathroom featuring dual sinks, a bathtub, a step-in shower, a separate toilet room, and a large walk-in closet. The second bedroom offers backyard access through sliding glass doors, while the third bedroom is equally spacious and bright. A full hall bathroom accommodates guests and visitors with ease. Step outside into your backyard oasis, complete with a brick-laid patio, artificial grass, and underground drains. The side yards are equally functional, with one side boasting a rock patio and the other brick-paved patio. Additional amenities include an indoor laundry room with cabinetry and a sink. The home is pre-wired for solar panels, and ducting has already been installed for future A/C installation. Located near the scenic South Hills Open Space and within walking distance of hiking trails, the SLO Public Market, and local shopping and dining, this home is an amazing blend of comfort, convenience, and outdoor adventure. Don't miss the opportunity to make this exceptional home your own!

Last Agent to Sell the Property

Shonda Merrill

Merrill & Associates Real Estate Brokerage Phone: 805-226-5500 License #01890742 Listed on: 10/18/2024

Last Buyer's Agent

Steve Martin

Century 21 Hometown Realty, San Luis Obispo Office License #01489993

Century 21 Hometown Realty, San Luis Obispo Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,591

Year Built

  • Built in 2015

Lot Details

  • 5,418 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,746 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 053433010

Community Details

Overview

  • Serra Meadows Association, Phone Number (805) 602-9089
  • The Management Trust HOA
  • San Luis Obispo Subdivision
  • Maintained Community

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,591

Year Built

Built in 2015

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 053433010
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1746.00 Square Feet
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 704.47
  • Room Type: Jack & Jill, Kitchen, Living Room, Primary Suite, Walk-In Closet

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 58.00
  • Association Fee Frequency: Monthly
  • Association Name: Serra Meadows
  • Phone: (805) 602-9089
  • Senior Community: No
  • Community Features: Curbs, Hiking, Sidewalks, Storm Drains, Street Lights
  • Association Management: The Management Trust

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5418.00
  • Lot Size Acres: 0.1244

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5418.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Oct 30, 2024
Sold by
Rivera Lisa A and Pope Chrystal
Bought by
Lucy A Steinberg Separate Property Trust and Steinberg
Seller's Agent
Shonda Merrill
Merrill & Associates Real Estate
Buyer's Agent
Steve Martin
Century 21 Hometown Realty, San Luis Obispo Office
List Price
$1,185,000
Sold Price
$1,230,000
Premium/Discount to List
$45,000
3.8%
Total Days on Market
7
Views
21
Current Estimated Value
$1,229,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$279
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Rivera Lisa A and Pope Chrystal
Bought by
Rivera Lisa A and Pope Chrystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,486
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2015
Sold by
Rescal Slo 193 Llc
Bought by
Rivera Lisa A and Pope Chrystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,251
Interest Rate
4.01%
Mortgage Type
VA
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 $1,230,000 Fidelity National Title
Grant Deed $1,230,000 Fidelity National Title
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Nocal
Grant Deed $609,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $457,486 VA
Previous Owner $164,000 Future Advance Clause Open End Mortgage
Previous Owner $498,251 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $1,230,000 +3.8% $704 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,185,000 -- $679 / 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 $7,591 $706,675 $394,596 $312,079
2023 $7,591 $692,819 $386,859 $305,960
2022 $7,114 $679,235 $379,274 $299,961
2021 $6,999 $665,918 $371,838 $294,080
2020 $6,927 $659,091 $368,026 $291,065
2019 $6,853 $646,168 $360,810 $285,358
2018 $6,718 $633,499 $353,736 $279,763
2017 $6,584 $621,078 $346,800 $274,278
2016 $6,454 $608,900 $340,000 $268,900
2015 $980 $91,444 $91,444 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS24215654

California Regional Multiple Listing Service (CRMLS)

APN: 053-433-010