NOT LISTED FOR SALE

505 Bakeman Ln Arroyo Grande, CA 93420

Estimated Value: $595,000 - $787,000

2 Beds
1 Bath
996 Sq Ft
$659/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $399,000 $401 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,818/month

11 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Up Slope from Street
  • Arroyo Grande High School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Costa Bella Park

About This Home

As of April 2019

Arroyo Grande, Adorable, Affordable and under $400,000!
Clean and ready to move into 2 bedroom 1 bath twin home. The open living concept includes updated flooring, light fixtures, freshly painted interior and kitchen cabinets. Natural light fills the house. Sliding glass door leads to a private covered patio and backyard. All this in a great Arroyo Grande neighborhood that is close to local parks and play areas like Soto Sports Field. The 2 car garage features epoxy floors with amble storage and laundry hookups. Close to shopping, restaurants and the beach.

Last Agent to Sell the Property

Kurtis Wurster

BHGRE HAVEN PROPERTIES License #01931796 Listed on: 02/21/2019

BHGRE HAVEN PROPERTIES

Co-Listed By

Kim Wurster

BHGRE HAVEN PROPERTIES License #01018025

Last Buyer's Agent

Sarah Hudson

Compass License #01953862

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1983

Lot Details

  • 3,000 Sq Ft Lot
  • Wood Fence
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Property is zoned MF

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Up Slope from Street
  • On-Street Parking

Home Design

  • 996 Sq Ft Home
  • Shingle Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 077252042

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,604

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: West of 101(1000)
  • View: No
  • Zoning: MF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 077252042
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 996.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 400.60
  • Room Type: All Bedrooms Down
  • Bathroom Features: Walk-In Shower

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Concrete, Garage Faces Front, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Paved, Up Slope from Street
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 119.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Colbert James D
Bought by
Colbert James D and Colbert Elizabeth
Current Estimated Value
$655,972

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 11, 2019
Sold by
Criger Alice and Korba Julia Elaine
Bought by
Colbert James D
Seller's Agent
Kurtis Wurster
BHGRE HAVEN PROPERTIES
Buyer's Agent
Sarah Hudson
Compass
List Price
$399,995
Sold Price
$399,000
Premium/Discount to List
-$995
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$407,578
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2017
Sold by
Criger Alice
Bought by
Criger Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,800
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Korba Julia E and Korba Conroy Julia E
Bought by
Korba Conroy Julia E and The Julia E Korba Conroy Trust

Purchase Details

Listed on
Oct 19, 2015
Closed on
Jan 8, 2016
Sold by
Criger Alice L and Criger Alice
Bought by
Criger Alice and The Alice Criger Revocable Trust
Seller's Agent
Kerry Sansone
Compass
Buyer's Agent
Kerry Sansone
Compass
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$250,100
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 30, 2015
Sold by
Dela Torre Juan Jose and De La Torre Heather Nicole
Bought by
Criger Alice L and Korba Julie E
Seller's Agent
Kerry Sansone
Compass
Buyer's Agent
Kerry Sansone
Compass
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,100
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Wallace James R and Wallace Jessica A
Bought by
Dela Torre Juan Jose Gomez and Gossman Heather Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 1999
Sold by
Garcia Gene A and Garcia Rochelle A
Bought by
California Housing Finance Agency

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,995
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1999
Sold by
California Housing Finance Agency
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,995
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Hud
Bought by
Wallace James R and Wallace Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,995
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1994
Sold by
Dill James L and Dill Marie M
Bought by
Garcia Gene A and Garcia Rochelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,917
Interest Rate
8.86%
Mortgage Type
FHA
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
Colbert James D -- None Listed On Document
Colbert James D $399,000 First American Title Company
Criger Alice -- Fidelity National Title Co
Korba Conroy Julia E -- None Available
Criger Alice -- None Available
Criger Alice L $375,000 First American Title Company
Dela Torre Juan Jose Gomez $385,000 Cuesta Title Company
California Housing Finance Agency $133,991 --
Hud -- First American Title Ins Co
Wallace James R $135,500 First American Title Ins Co
Garcia Gene A $125,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colbert James D $407,578
Previous Owner Criger Alice $251,800
Previous Owner Criger Alice L $250,100
Previous Owner Dela Torre Juan Jose Gomez $77,000
Previous Owner Dela Torre Juan Jose Gomez $308,000
Previous Owner Wallace James R $133,995
Previous Owner Garcia Gene A $123,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2019 04/03/19 Sold $399,000 -0.2% $401 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $399,995 +6.7% $402 / Sq Ft
12/18/2015 12/18/15 Sold $375,000 0.0% $377 / Sq Ft View Prior Sale
11/14/2015 11/14/15 Pending -- -- --
11/02/2015 11/02/15 Price Changed $375,000 -1.3% $377 / Sq Ft
10/19/2015 10/19/15 For Sale $380,000 -- $382 / 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 $4,604 $445,087 $250,989 $194,098
2024 $4,551 $436,361 $246,068 $190,293
2023 $4,551 $427,806 $241,244 $186,562
2022 $4,483 $419,418 $236,514 $182,904
2021 $4,474 $411,195 $231,877 $179,318
2020 $4,423 $406,980 $229,500 $177,480
2019 $4,379 $397,952 $222,853 $175,099
2018 $4,327 $390,150 $218,484 $171,666
2017 $4,255 $382,500 $214,200 $168,300
2016 $4,020 $375,000 $210,000 $165,000
2015 $3,335 $316,000 $225,000 $91,000
2014 $2,960 $286,000 $205,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19035868

California Regional Multiple Listing Service (CRMLS)

APN: 077-252-042