NOT LISTED FOR SALE

3480 Drake Dr Santa Maria, CA 93455

Estimated Value: $785,000 - $896,000

3 Beds
2 Baths
2,478 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $555,000 $224 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,173/month

3 Days on Market

Highlights

  • 20,909 Sq Ft lot
  • Wood Flooring
  • L-Shaped Dining Room
  • Joe Nightingale Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Den

About This Home

As of August 2016

A rare, authentic, mid-century California ranch style home, built in 1953, most likely the show house'' for the developer of Evergreen Acres. The original charm, character and architectural integrity have been fastidiously maintained, while still feeling as though planned for contemporary living with its open floor plan, also offering a separate study/office and large family/media room. Sited on a prominent, nearly one half acre, street to street lot, with park-like grounds, this is gracious living at its best.

Last Agent to Sell the Property

Michael Nicola

United Realty Group License #01083752 Listed on: 06/15/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.48 Acre Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Property is zoned R,SFR

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,478 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Laundry Room
  • Property Views

Kitchen

  • Double Oven
  • Electric Cooktop
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • Parking Available
  • Covered Parking

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 109165004

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Orcutt East(870)
  • View: Yes
  • Zoning: R,SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 109165004
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2478.00
  • Flooring: Wood, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Dining Room, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 223.97
  • Room Type: Family Room, Den, Main Floor Master Bedroom

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Double Oven, Electric Cooking
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 20909.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 11, 2016
Sold by
Bennett Albert H and Bennett Susette M
Bought by
Wilson Michael L and Juarez Wilson Stacy J
Seller's Agent
Michael Nicola
United Realty Group
List Price
$549,500
Sold Price
$555,000
Premium/Discount to List
$5,500
1%
Current Estimated Value
$847,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,153
Avg. Annual Appreciation
4.59%
Original Mortgage
$544,947
Outstanding Balance
$433,254
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$413,899

Purchase Details

Closed on
Aug 25, 2004
Sold by
Spaethe Leticia
Bought by
Bennett Albert H and Bennett Susette M

Purchase Details

Closed on
Jun 4, 2004
Sold by
Spaethe Leticia
Bought by
Spaethe Aura Leticia

Purchase Details

Closed on
Nov 7, 2000
Sold by
Arriola John A
Bought by
Bennett Albert H and Bennett Susette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 1998
Sold by
Arriola Alfred W and Arriola Dorothy M
Bought by
Arriola Alfred W and Arriola Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,543
Interest Rate
7.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 17, 1994
Sold by
Va
Bought by
Arriola Alfred W and Arriola Dorothy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilson Michael L $555,000 Chicago Title Company
Bennett Albert H -- Stewart Title
Spaethe Aura Leticia -- Stewart Title Of Ca Inc
Bennett Albert H $255,000 First American Title
Arriola Alfred W -- First American Title Co
Arriola Alfred W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Michael L $544,947
Previous Owner Bennett Albert H $200,000
Previous Owner Arriola Alfred W $255,543
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $555,000 +1.0% $224 / Sq Ft
06/15/2016 06/15/16 For Sale $549,500 0.0% $222 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $549,500 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,124 $644,120 $295,947 $348,173
2023 $8,124 $619,110 $284,456 $334,654
2022 $7,891 $606,972 $278,879 $328,093
2021 $7,725 $595,071 $273,411 $321,660
2020 $7,672 $588,970 $270,608 $318,362
2019 $7,597 $577,422 $265,302 $312,120
2018 $7,503 $566,100 $260,100 $306,000
2017 $7,228 $555,000 $255,000 $300,000
2016 $4,541 $324,575 $114,553 $210,022
2015 $4,438 $319,701 $112,833 $206,868
2014 -- $313,439 $110,623 $202,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1067503

California Regional Multiple Listing Service (CRMLS)

APN: 109-165-004