NOT LISTED FOR SALE

325 Mission Springs Rd Unit 9 Arroyo Grande, CA 93420

Estimated Value: $1,811,000 - $2,134,846

4 Beds
3.5 Baths
3,115 Sq Ft
$627/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $1,080,000 $347 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $11,640/month

227 Days on Market

Highlights

  • Home Under Construction
  • Panoramic View
  • No HOA
  • Arroyo Grande High School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of November 2016

Now complete with builder direct pricing - Amazing views from this 4 bedroom - 4 bath home in the exclusive gated community of Monte Sereno. Located in the beautiful south east Edna Valley, this location provides spectacular valley and mountain views. Country living in an exclusive gated community with close proximity to Old Town Arroyo Grande(7 minutes), SLO (12 minutes)- Recreation at Lopez Lake (5 minutes) and Pismo Beach (10 minutes). It just doesn't get any better than this!

Last Agent to Sell the Property

Jeff Gibbs

Keller Williams Realty Central Coast License #01312791 Listed on: 01/24/2016

Keller Williams Realty Central Coast

Last Buyer's Agent

Jeff Gibbs

Keller Williams Realty Central Coast License #01312791 Listed on: 01/24/2016

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,892

Lot Details

  • 1.07 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned R,SFR

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Up Slope from Street

Property Views

  • Panoramic
  • Woods
  • Hills
  • Valley

Home Design

  • Home Under Construction
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 3,115 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047082009

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,892

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: R,SFR
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 047082009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3115.00
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room, Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 346.71
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Foundation: Slab
  • View: Panoramic, Trees/Woods, Valley, Hills
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal, Dishwasher, Oven, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Paved, Up Slope from Street
  • Lot Size Sq Ft: 46609.00
  • Lot Size Acres: 1.0700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Merriman Michael A and Merriman Bonnie H
Bought by
Hanks Merriman Michael Anthony and Hanks Merriman Bonnie
Current Estimated Value
$1,954,212

Purchase Details

Listed on
Jan 24, 2016
Closed on
Nov 9, 2016
Sold by
Mi Monte Sereno Llc
Bought by
Merriman Michael A and Merriman Bonnie H
Seller's Agent
Jeff Gibbs
Keller Williams Realty Central Coast
Buyer's Agent
Jeff Gibbs
Keller Williams Realty Central Coast
List Price
$1,299,000
Sold Price
$1,080,000
Premium/Discount to List
-$219,000
-16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$864,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2014
Sold by
Mi Monte Sereno Llc
Bought by
Mi Monte Sereno Llc

Purchase Details

Closed on
Mar 11, 2013
Sold by
Nwk1 Inc
Bought by
Mi Monte Sereno Llc

Purchase Details

Closed on
Sep 20, 2010
Sold by
Bdc Las Ventanas Llc
Bought by
Nwk1 Inc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bdc Las Ventanas Llc
Bought by
Nwk1 Inc
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
Hanks Merriman Michael Anthony -- None Available
Merriman Michael A $1,080,000 First American Title Company
Mi Monte Sereno Llc -- First American Title
Mi Monte Sereno Llc $2,800,000 First American Title Company
Nwk1 Inc $2,248,179 First American Title Ins Co
Nwk1 Inc $2,248,179 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Merriman Family Trust $806,000
Closed Merriman Michael Anthony $806,000
Closed Merriman Michael A $864,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $1,080,000 -7.6% $347 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
07/04/2016 07/04/16 Price Changed $1,169,000 -0.8% $375 / Sq Ft
06/12/2016 06/12/16 Price Changed $1,179,000 -7.5% $378 / Sq Ft
04/06/2016 04/06/16 Price Changed $1,275,000 -1.8% $409 / Sq Ft
01/24/2016 01/24/16 For Sale $1,299,000 -- $417 / 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 $12,892 $1,253,427 $464,232 $789,195
2024 $12,743 $1,228,851 $455,130 $773,721
2023 $12,743 $1,204,756 $446,206 $758,550
2022 $12,549 $1,181,134 $437,457 $743,677
2021 $12,523 $1,157,976 $428,880 $729,096
2020 $12,379 $1,146,104 $424,483 $721,621
2019 $12,288 $1,123,632 $416,160 $707,472
2018 $12,140 $1,101,600 $408,000 $693,600
2017 $11,937 $1,080,000 $400,000 $680,000
2016 $5,409 $504,549 $224,049 $280,500
2015 $2,370 $220,684 $220,684 $0
2014 $2,282 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1062675

California Regional Multiple Listing Service (CRMLS)

APN: 047-082-009