NOT LISTED FOR SALE

502 Le Point St Arroyo Grande, CA 93420

Estimated Value: $1,095,111 - $1,260,000

3 Beds
3 Baths
1,506 Sq Ft
$771/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $1,142,500 $759 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,978/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Hills
  • Retreat
  • Ocean View Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2024

This beautiful Cottage-style home is located within a short distance from the Historic Village of Arroyo. A Masterpiece seamlessly blends classic Cape Cod-inspired color palettes with modern-day interior design and functionality. The house is an elegant and enchanting retreat located in one of the most historic and coveted pockets of town (Crown Terrace). This is a rare opportunity to own a turnkey home with high-end finishes and fixtures. Originally constructed in 1999, the Le Point Cottage was reimagined in 2021. As soon as you walk in the front door, you will be greeted by soaring cathedral ceilings, abundant natural light, an array of skylights, and a stunning open-concept living and dining area. The entire kitchen has been enhanced with the finest materials, including genuine Carrara marble imported from Italy, full-height brick backsplash, solid wood cabinets, and a complete set of designer luxury CAFE appliances by GE. The living room features Beautiful French doors that lead to a spacious balcony with spectacular nature views. Just off the kitchen, you will find the primary master bedroom, guest bedroom, and a full bath. All bathrooms feature solid wood cabinets, luxury tile, and designer hardware. The lower floor contains the secondary primary bedroom with a private patio, laundry room, and a full-size garage. The property has undergone designer style upgrades, including a full roof replacement, a new carriage-style garage door, exterior and interior paint, exterior and interior light fixtures, luxury vinyl plank flooring throughout, and a complete reconstruction of the front yard landscaping tastefully enhances this unique property. This beautiful one-of-a-kind Property has an array of exceptional features that offer the Central Coast Lifestyle.

Last Agent to Sell the Property

Jim & Jeri LaMarca

Mid Coast Realty Brokerage Email: jim@MidCoastRealty.com License #01171083 Listed on: 03/27/2024

Co-Listed By

Jodi Ramirez

Mid Coast Realty Brokerage Email: jim@MidCoastRealty.com License #01342892

Last Buyer's Agent

Kristin Senescu

Keller Williams Realty Central Coast License #01971724

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,826

Year Built

  • Built in 1999

Lot Details

  • 4,792 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MF

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Cottage
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,506 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 35
  • Assessor Parcel Number 007205010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,826

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Jodi to Show
  • Other Phone Number: 805-710-0733
  • Property Attached: No
  • View: Yes
  • Zoning: MF
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007205010
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1506.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 758.63
  • Room Type: Family Room, Primary Suite, Retreat

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park

Schools

  • School District: Central Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 35
  • Tax Census Tract: 118.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 17, 2024
Sold by
Huber Kevin and Huber Deborah
Bought by
Feckin Fine Wines Llc
Seller's Agent
Jim & Jeri LaMarca
Mid Coast Realty
Buyer's Agent
Kristin Senescu
Keller Williams Realty Central Coast
List Price
$1,149,000
Sold Price
$1,142,500
Premium/Discount to List
-$6,500
-0.57%
Views
65
Current Estimated Value
$1,161,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,028
Avg. Annual Appreciation
1.17%

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 11, 2021
Sold by
Withco Coffee Llc
Bought by
Huber Kevin and Huber Deborah
Seller's Agent
Farid Shahid
Eighty20 Group
Buyer's Agent
Jodi Ramirez
Mid Coast Realty
List Price
$895,000
Sold Price
$877,500
Premium/Discount to List
-$17,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$50,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 5, 2021
Sold by
Gilbert Claudia A and The Claudia Gilbert Marital Tr
Bought by
Withco Coffee Llc
Seller's Agent
Nancy Puder
Keller Williams Realty Central Coast
Buyer's Agent
Walker Sotello
Eighty20 Group
List Price
$658,900
Sold Price
$610,000
Premium/Discount to List
-$48,900
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.52%
Original Mortgage
$450,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 13, 2016
Closed on
May 19, 2016
Sold by
Freel Barbara A and The Barbara A Freel Living Tru
Bought by
The Frank Gilbert Residuary Trust and The Claudia Gilbert Marital Trust Under
Seller's Agent
Linda Fibich
Compass California, Inc.-PB
Buyer's Agent
Sheelagh Thomas
Compass California, Inc.-PB
List Price
$569,000
Sold Price
$560,000
Premium/Discount to List
-$9,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Freel Barbara A
Bought by
Freel Barbara A and The Barbara A Freel Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2009
Sold by
Freel Barbara A
Bought by
Freel Barbara A and The Barbara A Freel Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2003
Sold by
Freel Barbara A
Bought by
Freel Barbara A and Barbara A Freel Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Berry Leonard John and Bennett Valarie Lynn
Bought by
Freel Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.09%
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
Feckin Fine Wines Llc $1,142,500 Fidelity National Title
Huber Kevin $877,500 First American Title Company
Withco Coffee Llc $610,000 Fidelity National Title
The Frank Gilbert Residuary Trust $560,000 Fidelity National Title Co
Freel Barbara A -- First American Title Company
Freel Barbara A -- First American Title Company
Freel Barbara A -- First American Title Company
Freel Barbara A -- First American Title Company
Freel Barbara A -- Fidelity Title Company
Freel Barbara A -- Fidelity Title Company
Freel Barbara A $348,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huber Kevin $50,000
Previous Owner Huber Kevin $695,875
Previous Owner Withco Coffee Llc $450,000
Previous Owner Freel Barbara A $180,000
Previous Owner Freel Barbara A $187,000
Previous Owner Freel Barbara A $200,000
Previous Owner Freel Barbara A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2024 05/09/24 Sold $1,142,500 -0.6% $759 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $1,149,000 +30.9% $763 / Sq Ft
06/03/2021 06/03/21 Sold $877,500 -0.8% $583 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $885,000 -1.1% $588 / Sq Ft
04/16/2021 04/16/21 For Sale $895,000 +46.7% $594 / Sq Ft
02/08/2021 02/08/21 Sold $610,000 -7.4% $405 / Sq Ft View Prior Sale
01/29/2021 01/29/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $658,900 +8.0% $438 / Sq Ft
12/26/2020 12/26/20 Off Market $610,000 -- --
06/17/2016 06/17/16 Sold $560,000 -1.6% $372 / Sq Ft View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $569,000 -- $378 / 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 $9,826 $1,165,350 $663,000 $502,350
2024 $9,713 $931,209 $477,543 $453,666
2023 $9,713 $912,951 $468,180 $444,771
2022 $9,566 $895,050 $459,000 $436,050
2021 $6,664 $612,440 $328,093 $284,347
2020 $6,587 $606,161 $324,729 $281,432
2019 $6,540 $594,276 $318,362 $275,914
2018 $6,462 $582,624 $312,120 $270,504
2017 $6,355 $571,200 $306,000 $265,200
2016 $4,655 $434,271 $149,747 $284,524
2015 $4,617 $427,749 $147,498 $280,251
2014 $4,449 $419,371 $144,609 $274,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24058333

California Regional Multiple Listing Service (CRMLS)

APN: 007-205-010