NOT LISTED FOR SALE

470 Del Mar Arroyo Grande, CA 93420

Estimated Value: $1,581,000 - $2,656,527

1.34 Acres
$1,673,277 Price per Acre
58,370 Sq Ft Lot

Last Sold May 10, 2016

Last sale price $650,000

Est. 245% increase in value since last sale

Current estimated payment $14,046/month

Highlights

  • Ocean View
  • 58,370 Sq Ft lot
  • Paved or Partially Paved Lot
  • Arroyo Grande High School Rated A-

About This Lot

As of May 2016

22 Brand new OCEAN VIEW 1-2 acre custom home lots. These lots are the best in Arroyo Grande. We just hit the market and we have 5 sold!! 180 degree Ocean and Dune views. You can walk to the village in minutes. This Brand new neighborhood known as The Heights @ Vista Del Mar will be the best most desirable neighborhood in all of Arroyo Grande. You can build a custom home and a granny unit on each lot. These lots have just hit the market and they are selling fast. Don't wait! Lot Description: Ocean And Dune Views

Last Agent to Sell the Property

Jason Blankenship

Rice Ranch Realty License #01960677 Listed on: 03/18/2016

Last Buyer's Agent

Jason Blankenship

Rice Ranch Realty License #01960677 Listed on: 03/18/2016

Property Details

Property Type

  • Land

Lot Details

  • 1.34 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned RUR,R,SFR

Property Views

  • Ocean
  • Panoramic
  • Hills
  • Park or Greenbelt

Utilities

  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

1.34 Acres

Listing Details

  • Assessments: No
  • Possible Use Comments: Single Family.
  • Subdivision Name Other: West of 101(1000)
  • Zoning: RUR,R,SFR
  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 11.14

Exterior Features

  • View: Hills, Ocean, Panoramic, Park/Greenbelt

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Connected
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 58370.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Franz 2004 Living Trust
Bought by
Franz 2004 Living Trust
Current Estimated Value
$2,242,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,419,476
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$822,700

Purchase Details

Closed on
Jan 12, 2021
Sold by
The Heights At Vista Del Mar Llc
Bought by
Franz David Mark and Franze Susanne
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
Franz 2004 Living Trust -- Old Republic Title
Franz David Mark $675,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franz 2004 Living Trust $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2016 05/10/16 Sold $650,000 -7.1% --
03/18/2016 03/18/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $700,000 -- --
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 $24,778 $2,395,281 $834,681 $1,560,600
2024 $13,565 $2,348,315 $818,315 $1,530,000
2023 $13,565 $1,275,070 $702,270 $572,800
2022 $7,358 $688,500 $688,500 $0
2021 $1,101 $101,220 $101,220 $0
2020 $1,089 $100,183 $100,183 $0
2019 $1,081 $98,219 $98,219 $0
2018 $1,068 $96,294 $96,294 $0
2017 $1,050 $94,406 $94,406 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1064750

California Regional Multiple Listing Service (CRMLS)

APN: 006-097-013

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