NOT LISTED FOR SALE

421 Cornwall Ave Arroyo Grande, CA 93420

Estimated Value: $709,896

3 Beds
2 Baths
1,859 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $700,000 $377 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,180/month

139 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • 2 Car Garage
  • Ocean View Elementary School Rated A-
  • Cooling System Powered By Gas
  • Bike Trail

About This Home

As of December 2024

Welcome to this lovely home in the heart of Arroyo Grande. Perfectly positioned within walking distance of the charming village of Arroyo Grande, this home is in close proximity to restaurants and shopping. This home would be the perfect investment property, with a main home and additional ADU (Accessory Dwelling Unit) on site. The main residence features 2 bedrooms and 1 bathroom, while the ADU offers an additional bedroom and bathroom. This property is perfect for those seeking a comfortable living arrangement along with excellent rental potential.

Last Agent to Sell the Property

Maddie Talley

Compass California, Inc.-PB Brokerage Phone: 805-709-4215 License #02206298 Listed on: 07/31/2024

Compass California, Inc.-PB

Co-Listed By

Chrissy Bewley

Compass California, Inc.-PB Brokerage Phone: 805-709-4215 License #02070091

Last Buyer's Agent

Maddie Talley

Compass California, Inc.-PB Brokerage Phone: 805-709-4215 License #02206298 Listed on: 07/31/2024

Compass California, Inc.-PB

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 6,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned HC

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,859 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room with Fireplace
  • Neighborhood Views
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Powered By Gas

Listing and Financial Details

  • Legal Lot and Block 25-28 / 5
  • Assessor Parcel Number 006175021

Community Details

Overview

  • No Home Owners Association
  • West Of 101 Subdivision

Recreation

  • Bike Trail

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: West of 101(1000)
  • View: Yes
  • Zoning: HC
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 006175021
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 376.55
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Appliances: Gas Oven, Refrigerator
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 55200.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 800.00
  • Number Of Units Total: 2
  • Operating Expense: 800.00
  • Rent Control: No
  • Total Expenses: 800.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 119.01
  • Tax Lot: 25-28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Dec 19, 2024
Sold by
Talley Grant
Bought by
Karen Weldon Separate Property Trust and Weldon
Seller's Agent
Maddie Talley
Compass California, Inc.-PB
Buyer's Agent
Maddie Talley
Compass California, Inc.-PB
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Views
206
Current Estimated Value
$709,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,896
Avg. Annual Appreciation
1.41%

Purchase Details

Listed on
Feb 26, 2020
Closed on
Mar 12, 2020
Sold by
Sppd Properties Llc
Bought by
Talley Grant
Seller's Agent
Susie Brans
Richardson Sotheby's International Realty
Buyer's Agent
John Souza
Richardson Sotheby's International Realty
List Price
$459,000
Sold Price
$495,000
Premium/Discount to List
$36,000
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$385,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2014
Sold by
Sppd Partners
Bought by
Sppd Properties Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Playa Dulce Llc
Bought by
Sppd Partners

Purchase Details

Closed on
Sep 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Playa Dulce Llc

Purchase Details

Closed on
Apr 17, 2009
Sold by
Fink Don G and Fink Ruth E Clemmens
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Mar 8, 2005
Sold by
Fink Don Gregorie and Fink Ruth Emalene
Bought by
Fink Don Gregorie and Fink Ruth Emalene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2003
Sold by
Fink Dean
Bought by
Fink Don G and Fink Ruth E Clemmens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1998
Sold by
Fink Don Gregoire and Fink Ruth Ermalene
Bought by
Fink Don Gregoire and Fink Ruth Ermalene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karen Weldon Separate Property Trust $700,000 Fidelity National Title
Talley Grant $495,000 Fidelity National Title Co
Sppd Properties Llc -- None Available
Sppd Partners -- None Available
Playa Dulce Llc $240,000 Chicago Title Company
Deutsche Bank National Trust Company -- Chicago Title Company
Indymac Federal Bank Fsb $312,100 Fidelity Natl Title Ins Co
Fink Don Gregorie -- Fidelity National Title Co
Fink Don G -- Fidelity Title Company
Fink Don Gregoire -- Cuesta Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talley Grant $385,000
Previous Owner Fink Don Gregorie $336,000
Previous Owner Fink Don G $245,000
Previous Owner Fink Don Gregoire $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2024 12/30/24 Sold $700,000 -4.8% $377 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $735,000 -3.9% $395 / Sq Ft
09/04/2024 09/04/24 Price Changed $765,000 -3.8% $412 / Sq Ft
08/26/2024 08/26/24 For Sale $795,000 0.0% $428 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $795,000 +60.6% $428 / Sq Ft
03/27/2020 03/27/20 Sold $495,000 +7.8% $266 / Sq Ft View Prior Sale
03/05/2020 03/05/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $459,000 -- $247 / 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 $5,526 $700,000 $350,000 $350,000
2024 $5,461 $530,736 $348,464 $182,272
2023 $5,461 $520,331 $341,632 $178,699
2022 $5,392 $510,130 $334,934 $175,196
2021 $5,442 $500,128 $328,367 $171,761
2020 $3,055 $281,145 $199,146 $81,999
2019 $3,033 $275,634 $195,242 $80,392
2018 $2,997 $270,230 $191,414 $78,816
2017 $2,947 $264,932 $187,661 $77,271
2016 $2,784 $259,738 $183,982 $75,756
2015 $2,761 $255,838 $181,219 $74,619
2014 $2,661 $250,828 $177,670 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24157169

California Regional Multiple Listing Service (CRMLS)

APN: 006-175-021