NOT LISTED FOR SALE

Estimated Value: $762,000 - $895,000

3 Beds
2.5 Baths
1,627 Sq Ft
$514/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $719,000 $442 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,607/month

14 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Laguna Middle School Rated A
  • View of Hills
  • Main Floor Bedroom

About This Home

As of September 2022

Welcome to this comfortable and beautifully maintained Margarita Villa home! Conveniently located near the main entrance to the complex and across from the community pool, this spacious end-unit townhome features 3 bedrooms and 2.5 baths, along with vaulted ceilings, skylights, newer windows, Central AC and more. The updated kitchen features granite counters, stainless appliances, recessed lighting and a breakfast bar. The main level bedroom/office is conveniently located off the living room and has double doors that lead to a private, enclosed patio. Cozy-up around the living room fireplace on a cool winter night. The upper bedrooms are spacious with high ceilings, view windows, a ceiling fan, and multiple closets. Margarita Villas features grassy open spaces, walking paths, a community pool, spa and pond that leave you feeling like you're on an extended vacation. This exceptional home should not be missed. Information not verified.

Last Agent to Sell the Property

Sarah Weber

Compass License #01077788 Listed on: 07/27/2022

Compass

Last Buyer's Agent

Cynthia Harrigan

Century 21 Masters-Arroyo Grande License #02000329

Century 21 Masters-Arroyo Grande

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,105

Year Built

  • Built in 1987

Lot Details

  • 2,133 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R2

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Hills
  • Neighborhood

Home Design

  • Planned Development
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Pest Guard System

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1210
  • Assessor Parcel Number 053184016

Community Details

Overview

  • Margarita Villas Association, Phone Number (805) 544-9093
  • The Management HOA
  • San Luis Obispo Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,105

Year Built

Built in 1987

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 053184016
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1627.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 441.92
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Community, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Neighborhood
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Pest Control, Maintenance Grounds, Pet Rules, Pets Permitted
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Margarita Villas
  • Phone: 805-544-9093
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks
  • Association Management: The Management

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 2133.00
  • Lot Size Acres: 0.0490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2133.0000 Square Feet
  • Number Of Units Total: 104

Tax Info

  • Tax Census Tract: 111.03
  • Tax Lot: 16
  • Tax Tract Number: 1210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 16, 2022
Sold by
Peter & Gail Thorp Revocable Trust
Bought by
Reader Jordan M
Seller's Agent
Sarah Weber
Compass
Buyer's Agent
Cynthia Harrigan
Century 21 Masters-Arroyo Grande
List Price
$719,000
Sold Price
$719,000
Views
12
Current Estimated Value
$836,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,238
Avg. Annual Appreciation
5.47%
Original Mortgage
$665,000
Outstanding Balance
$634,680
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$206,637

Purchase Details

Closed on
Jul 8, 2007
Sold by
Scott Randolph and Scott Marcia
Bought by
Thorp Gail Lynne

Purchase Details

Closed on
Sep 9, 2004
Sold by
Scott Randolph
Bought by
Scott Randolph and Scott Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,800
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Scott Marcia
Bought by
Scott Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,800
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Morrison Kevin J
Bought by
Scott Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,800
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Morrison Kevin J
Bought by
Morrison Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 28, 2002
Sold by
Morrison Kevin J and Morrison Kevin
Bought by
Morrison Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.96%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Morrison Susan E
Bought by
Morrison Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.96%

Purchase Details

Closed on
Oct 19, 1999
Sold by
Morrison Susan
Bought by
Morrison Kevin J and Morrison Susan

Purchase Details

Closed on
Mar 4, 1999
Sold by
Morrison Kevin J
Bought by
Morrison Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 18, 1997
Sold by
Morrison Kathleen L
Bought by
Morrison Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,550
Interest Rate
11.74%
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
Reader Jordan M $719,000 First American Title
Thorp Gail Lynne $530,000 Chicago Title Company
Scott Randolph -- Fidelity Title Company
Scott Randolph -- Fidelity Title Company
Scott Randolph $468,500 Fidelity Title Company
Morrison Kevin J -- First American Title Company
Morrison Kevin J -- Fidelity Title Company
Morrison Kevin -- --
Morrison Kevin J -- First American Title Ins Co
Morrison Susan -- First American Title Ins Co
Morrison Kevin J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reader Jordan M $665,000
Previous Owner Scott Randolph $374,800
Previous Owner Morrison Kevin J $40,000
Previous Owner Morrison Kevin J $270,000
Previous Owner Morrison Susan $127,000
Previous Owner Morrison Kevin J $121,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $719,000 0.0% $442 / Sq Ft
07/27/2022 07/27/22 For Sale $719,000 -- $442 / 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 $8,105 $748,047 $364,140 $383,907
2024 $7,958 $733,380 $357,000 $376,380
2023 $7,958 $719,000 $350,000 $369,000
2022 $839 $86,244 $19,916 $66,328
2021 $824 $84,554 $19,526 $65,028
2020 $815 $83,688 $19,326 $64,362
2019 $805 $82,048 $18,948 $63,100
2018 $787 $80,440 $18,577 $61,863
2017 $771 $78,863 $18,213 $60,650
2016 $754 $77,317 $17,856 $59,461
2015 $741 $76,156 $17,588 $58,568
2014 -- $74,665 $17,244 $57,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22164627

California Regional Multiple Listing Service (CRMLS)

APN: 053-184-016