NOT LISTED FOR SALE

437 Corralitos Rd Arroyo Grande, CA 93420

Estimated Value: $1,436,000 - $1,724,000

25 Acres
$63,677 Price per Acre
1,089,000 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $1,275,000 $586 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,831/month

178 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • Wooded Lot
  • Arroyo Grande High School Rated A-
  • 25 Acre Lot
  • Ranch Style House

About This Lot

As of July 2023

This is it, the property you’re looking for! 2 Homes on just shy of 25 Acres of oak studded land with additional potential building sites in the highly desirable Corralitos Canyon area. This fantastic location is just minutes from some of the Central Coasts best features, including the Village of Arroyo Grande, Lopez Lake, Pismo State Beach, and Cal Poly San Luis Obispo. With a producing well and a clear septic report, this property offers a 3 bedroom 2.5 bathroom geodesic dome home as the primary residence and a 3 bedroom 1 bath mobile home. Each residence is serviced by it’s own meter from PG&E. There is a 3rd PG&E meter on the property providing service to the original structure which is currently not habitable but usable for storage. Talk to the county about the possibility to build additional dwellings, you may be able to use the 3rd meter for another home! Head up the horse trails or take some quads to the top of the hill and experience breathtaking views of the Corralitos and Huasna Valley area. Interested in seeing this gem for yourself? Schedule a showing today!

Last Agent to Sell the Property

Scott Haigwood

Keller Williams Realty Central Coast License #01936325 Listed on: 12/27/2022

Keller Williams Realty Central Coast

Last Buyer's Agent

Benjamin Tilbury

Keller Williams Realty Central Coast License #02026424

Keller Williams Realty Central Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,377

Lot Details

  • 25 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Wooded Lot
  • Garden
  • Property is zoned RR

Parking

  • Up Slope from Street

Property Views

  • Panoramic
  • Woods
  • Canyon
  • Vineyard
  • Pasture
  • Mountain
  • Hills
  • Valley

Home Design

  • Ranch Style House

Farming

  • Pasture

Utilities

  • Propane
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 047211002

Community Details

Overview

  • No Home Owners Association
  • East Of 101 Subdivision
  • Valley

Recreation

  • Horse Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$13,377

Lot Details

0

Listing Details

  • Improvements: Geodesic Dome Home, Manufactured Home, Small Barn, Greenhouse, Septic, Well, 3 Electric Meters, 2 Propane Tanks
  • Road Frontage Type: Country Road, County Road
  • Road Surface Type: Paved
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Well Hole Size: 5
  • Well Pump Horsepower: 1.50
  • Well Report: Yes
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 047211002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.17

Exterior Features

  • View: Canyon, Hills, Mountain(s), Panoramic, Pasture, Trees/Woods, Valley, Vineyard
  • Trees: Oak/Pine/Other

Utilities

  • Utilities: Electricity Connected, Phone Connected, Propane, Water Connected
  • Electric: Electricity - On Property
  • Sewer: Conventional Septic
  • Water Source: Well
  • Water Well: Yes
  • Well Gallons Per Minute: 10.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Rural, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Horse Property, Lot Over 40000 Sqft, Pasture, Ranch, Treed Lot, Up Slope from Street
  • Lot Size Sq Ft: 1089000.00
  • Lot Size Acres: 25.0000
  • Latitude Manual: 35.16042100

Multi Family

  • Lot Size Area: 25.0000 Acres

Tax Info

  • Tax Census Tract: 123.02
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jun 30, 2023
Sold by
Darla Dee Wright Family Trust
Bought by
Doremus Steve A and Smith Aaron J
Seller's Agent
Scott Haigwood
Keller Williams Realty Central Coast
Buyer's Agent
Benjamin Tilbury
Keller Williams Realty Central Coast
List Price
$1,550,000
Sold Price
$1,275,000
Premium/Discount to List
-$275,000
-17.74%
Views
199
Current Estimated Value
$1,591,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,924
Avg. Annual Appreciation
9.00%
Original Mortgage
$275,000
Outstanding Balance
$269,678
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,251,786

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jun 29, 2023
Sold by
Doremus Alicia
Bought by
Smith Aaron J
Seller's Agent
Scott Haigwood
Keller Williams Realty Central Coast
Buyer's Agent
Benjamin Tilbury
Keller Williams Realty Central Coast
List Price
$1,550,000
Sold Price
$1,275,000
Premium/Discount to List
-$275,000
-17.74%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$269,678
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,251,786
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
Doremus Steve A $1,275,000 Fidelity National Title
Smith Aaron J -- Fidelity National Title
Doremus Steve A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doremus Steve A $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,275,000 0.0% $586 / Sq Ft
07/28/2023 07/28/23 Sold $1,275,000 -12.1% $385 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/23/2023 06/23/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $1,450,000 0.0% $667 / Sq Ft
02/21/2023 02/21/23 Price Changed $1,450,000 -6.5% $438 / Sq Ft
12/27/2022 12/27/22 For Sale $1,550,000 0.0% $713 / Sq Ft
08/01/2022 08/01/22 Price Changed $1,550,000 -8.8% $468 / Sq Ft
07/01/2022 07/01/22 For Sale $1,700,000 -- $513 / 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 $13,377 $1,300,500 $918,000 $382,500
2024 $7,092 $1,275,000 $900,000 $375,000
2023 $7,092 $677,396 $423,988 $253,408
2022 $6,983 $664,115 $415,675 $248,440
2021 $6,969 $651,094 $407,525 $243,569
2020 $6,889 $644,419 $403,347 $241,072
2019 $6,845 $631,785 $395,439 $236,346
2018 $6,762 $619,398 $387,686 $231,712
2017 $6,634 $607,254 $380,085 $227,169
2016 $6,255 $595,348 $372,633 $222,715
2015 $6,164 $586,406 $367,036 $219,370
2014 $5,934 $574,920 $359,847 $215,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22260031

California Regional Multiple Listing Service (CRMLS)

APN: 047-211-002