NOT LISTED FOR SALE

494 Hurley Ranch Rd Arroyo Grande, CA 93420

Estimated Value: $2,039,000 - $2,396,000

5 Acres
$430,458 Price per Acre
223,898 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $560,000

Est. 295% increase in value since last sale

Current estimated payment $13,687/month

257 Days on Market

Highlights

  • Horse Property
  • Horse Property Unimproved
  • 223,898 Sq Ft lot
  • Arroyo Grande High School Rated A-
  • View of Trees or Woods
  • No HOA

About This Lot

As of July 2018

Hurley Ranch is an exciting new subdivision in the Old Oak Park area of Arroyo Grande, east of 101. The community has 13 lots sold as vacant land. The buyer is free to choose their builder and design the home of their dreams, or the developer can assist in design/build. All lots are very near 5 acres and each has a highly producing well. The subdivision was conceived to preserve the natural beauty and rural character of the land. Fabulous country views throughout. All lots have very large building envelopes so that Buyers will have their pick of premium building sites. The location can't be beat, it is rural yet minutes to the beach, shopping, restaurants, wineries and all that the Central Coast has to offer. This is a unique opportunity to purchase land in a sought after area that has not been available for purchase for decades.

Last Agent to Sell the Property

Linda Fibich

Compass California, Inc.-PB License #00705843 Listed on: 09/06/2017

Compass California, Inc.-PB

Last Buyer's Agent

Jack Hardy

Century 21 Masters-Arroyo Grande License #01177941

Century 21 Masters-Arroyo Grande

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,610

Lot Details

  • 5.14 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Density is 2-5 Units/Acre
  • Property is zoned RR

Property Views

  • Woods
  • Hills
  • Valley

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Underground Utilities
  • Well
  • Sewer Not Available

Listing and Financial Details

  • Tax Tract Number 9
  • Assessor Parcel Number 044368021

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$17,610

Lot Details

0

Listing Details

  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 044368021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.50

Exterior Features

  • View: Hills, Trees/Woods, Valley

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Underground Utilities, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property, Horse Property Unimproved
  • Lot Size Sq Ft: 223898.40

Tax Info

  • Tax Tract Number: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Staley Judy and Judy Ledford Staley Trust
Bought by
Jacques Shawn and Snyder Cindy
Current Estimated Value
$2,212,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,155,409
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,001,119

Purchase Details

Closed on
Oct 9, 2020
Sold by
Staley Judy L
Bought by
Staley Judy L Ledford

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jun 7, 2018
Sold by
Hurley Ranch Llc
Bought by
Belle Mer Development Llc
Seller's Agent
Linda Fibich
Compass California, Inc.-PB
Buyer's Agent
Jack Hardy
Century 21 Masters-Arroyo Grande
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.28%
Original Mortgage
$260,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jacques Shawn $1,600,000 Fidelity National Title Co
Staley Judy L Ledford -- None Available
Staley Judy L -- None Available
Belle Mer Development Llc $560,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacques Shawn $1,280,000
Previous Owner Belle Mer Development Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $560,000 -0.9% --
05/21/2018 05/21/18 Pending -- -- --
03/05/2018 03/05/18 Price Changed $565,000 -9.6% --
09/06/2017 09/06/17 For Sale $625,000 -- --
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
2024 $17,610 $1,697,932 $854,272 $843,660
2023 $17,610 $1,664,640 $837,522 $827,118
2022 $17,344 $1,632,000 $821,100 $810,900
2021 $10,524 $972,574 $680,174 $292,400
2020 $7,276 $673,200 $673,200 $0
2019 $7,231 $660,000 $660,000 $0
2018 $2,176 $197,072 $197,072 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI17207325

California Regional Multiple Listing Service (CRMLS)

APN: 044-368-021