NOT LISTED FOR SALE

405 Terra Way Lompoc, CA 93436

Estimated Value: $583,000 - $625,000

4 Beds
2 Baths
1,774 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $315,000 $178 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,538/month

11 Days on Market

About This Home

As of May 2016

Four Bedroom Single-Level Vandenberg Village Home For Sale! Check out this 4 bedroom, 2 bath, 1774 sq ft. home in Lompoc, CA, minutes from Vandenberg AFB. Two separate living areas, one open to the dining area, and a den tucked away with its own fireplace. Spacious kitchen with wall oven, gas cooktop, vent hood and side door access to the yard. Fenced low-maintenance front courtyard area, dining area with slider to backyard, and a renovated hall bathroom. Indoor laundry, attached 2 car garage, backyard with patio area and shed. Great location close to Highway 1, shopping, banking and restaurants. *Information deemed reliable but not verified or guaranteed by broker.

Last Agent to Sell the Property

Tni LeBlanc, J.D.

Mint Properties Listed on: 03/09/2016

Property Details

Home Type

Other

Year Built

1960

Lot Details

0

Interior Features

  • Room List: Family Room, Main Floor Master Bedroom
  • Appliances: Gas Cooking, Garbage Disposal, Dishwasher, Oven
  • Eating Areas: Dining Ell
  • Fireplace Features: Gas
  • Floor Material: Linoleum, Laminated
  • Laundry Locations: Inside

Exterior Features

  • Structure List: Shed
  • Roof: Shingle
  • Foundation Details: Concrete Slab
  • Patio Features: Patio

Garage/Parking

  • Assigned Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Type: Covered Parking

Utilities

  • Heating: Forced Air
  • Water: District/Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Wang Serena Y
Bought by
Dominguez Luis Manuel Cervantes and Wang Serena Y
Current Estimated Value
$605,424

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 25, 2016
Sold by
Mikkelsen James E and Gilbert Jennifer L
Bought by
Wang Serena Y
Seller's Agent
Tni LeBlanc, J.D.
Mint Properties
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$309,294
Outstanding Balance
$245,615
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$359,809

Purchase Details

Closed on
Aug 7, 2009
Sold by
California Housing Finance Agency
Bought by
Mikkelsen James E and Gilbert Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,730
Interest Rate
5.09%
Mortgage Type
VA

Purchase Details

Closed on
Apr 22, 2009
Sold by
Arroyo Feliciano and Arroyo Luis
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Nov 6, 2006
Sold by
Gudino Alda
Bought by
Arroyo Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Grogan Guy B and Grogan Eula J
Bought by
Arroyo Feliciano and Arroyo Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1999
Sold by
Lamb Barbara M
Bought by
Grogan Guy B and Grogan Eula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,718
Interest Rate
6.84%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 1998
Sold by
Jackson Robert L
Bought by
Lamb Barbara M

Purchase Details

Closed on
Jul 25, 1996
Sold by
Jackson Robert L
Bought by
Jackson Robert L
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
Dominguez Luis Manuel Cervantes -- Fidelity National Title Co
Wang Serena Y $315,000 First American Title Company
Mikkelsen James E $220,000 Multiple
California Housing Finance Agency $216,000 Landsafe Title
Arroyo Miguel -- First American Title Company
Arroyo Feliciano -- First American Title Company
Arroyo Feliciano $425,000 First American Title Company
Grogan Guy B $141,000 Santa Barbara Title Co
Lamb Barbara M $35,672 --
Jackson Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Serena Y $309,294
Previous Owner Mikkelsen James E $224,730
Previous Owner Arroyo Miguel $403,750
Previous Owner Grogan Guy B $143,718
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $315,000 +1.6% $178 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $310,000 -- $175 / 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 $4,388 $372,888 $130,214 $242,674
2023 $4,388 $358,409 $125,158 $233,251
2022 $4,321 $351,382 $122,704 $228,678
2021 $4,367 $344,494 $120,299 $224,195
2020 $4,324 $340,963 $119,066 $221,897
2019 $4,260 $334,279 $116,732 $217,547
2018 $4,201 $327,726 $114,444 $213,282
2017 $4,041 $321,300 $112,200 $209,100
2016 $2,739 $239,885 $109,038 $130,847
2015 $2,718 $236,283 $107,401 $128,882
2014 -- $231,656 $105,298 $126,358
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tni LeBlanc, J.D.

    Mint Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SJ1064388

California Regional Multiple Listing Service (CRMLS)

APN: 097-033-007

California Santa Barbara County Lompoc 93436

405 Terra Way, Lompoc, CA

Not Listed for Sale

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