NOT LISTED FOR SALE

500 E Cherry Ave Arroyo Grande, CA 93420

Estimated Value: $915,848 - $1,095,000

3 Beds
2 Baths
1,274 Sq Ft
$777/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $520,000 $408 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,703/month

29 Days on Market

Highlights

  • Attached Guest House
  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Arroyo Grande High School Rated A-
  • Maid or Guest Quarters
  • No HOA

About This Home

As of February 2015

Now is your chance to live and play in the historic village of Arroyo Grande. You can walk to your favorite restaurants and bars, or take a short drive to the beach. Relax or entertain in the spacious backyard with a beautiful stamped-concrete patio and large pergola overhead. There is a well-insulated detached art studio with french doors that would also make a perfect home office. RV parking, an inviting fireplace, and travertine tile floors are just a few of the many amenities. Retire, vacation, or own your first home in one of the Central Coast's most sought after neighborhoods. Hurry on this one!

Last Agent to Sell the Property

Aaron Peck

Invision Real Estate License #01387499 Listed on: 12/17/2014

Last Buyer's Agent

Melissa Watkins

Big Block Realty License #01035156

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,482 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,274 Sq Ft Home
  • Gas Fireplace
  • Dining Room
  • Home Office
  • Property Views

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Attached Guest House
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007401001

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Sea Clift Estates(500)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007401001
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1274.00
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 408.16
  • Room Type: Guest/Maid's Quarters, Main Floor Master Bedroom, Office

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House Attached
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 6482.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lot Size Area: 6482.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2014
Closed on
Jan 16, 2015
Sold by
Gutierrez Joann K and The Joann K Gutierrez Trust
Bought by
Haycraft Barton B and Haycraft Amy T
Seller's Agent
Aaron Peck
Invision Real Estate
Buyer's Agent
Melissa Watkins
Big Block Realty
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%
Current Estimated Value
$989,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,712
Avg. Annual Appreciation
6.07%
Original Mortgage
$501,410
Outstanding Balance
$382,921
Interest Rate
3.76%
Mortgage Type
VA
Estimated Equity
$606,791

Purchase Details

Closed on
Jul 17, 2012
Sold by
Gutierrez Joann K
Bought by
Gutierrez Joann K and Joann K Gutierrez Trust

Purchase Details

Closed on
Oct 2, 2009
Sold by
Wachtel Jayme Rae
Bought by
Gutierrez Joann

Purchase Details

Closed on
Jul 31, 2006
Sold by
Wachtel Jayme Rae
Bought by
Wachtel Jayme Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.69%
Mortgage Type
New Conventional
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
Haycraft Barton B $520,000 Fidelity National Title Co
Gutierrez Joann K -- None Available
Gutierrez Joann $364,000 Fidelity National Title Co
Wachtel Jayme Rae -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haycraft Barton B $501,410
Previous Owner Wachtel Jayme Rae $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2015 02/06/15 Sold $520,000 -0.9% $408 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $524,900 0.0% $412 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $524,900 -- $412 / 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 $6,391 $624,954 $312,477 $312,477
2024 $6,316 $612,700 $306,350 $306,350
2023 $6,316 $600,688 $300,344 $300,344
2022 $6,219 $588,910 $294,455 $294,455
2021 $6,206 $577,364 $288,682 $288,682
2020 $6,134 $571,444 $285,722 $285,722
2019 $6,088 $560,240 $280,120 $280,120
2018 $6,014 $549,256 $274,628 $274,628
2017 $5,913 $538,488 $269,244 $269,244
2016 $5,584 $527,930 $263,965 $263,965
2015 $4,144 $390,943 $230,915 $160,028
2014 $3,992 $383,286 $226,392 $156,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1050178

California Regional Multiple Listing Service (CRMLS)

APN: 007-401-001