NOT LISTED FOR SALE

505 Launa Ln Arroyo Grande, CA 93420

Estimated Value: $945,547 - $1,079,000

3 Beds
2 Baths
1,274 Sq Ft
$802/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $645,000 $506 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,103/month

27 Days on Market

Highlights

  • View of Hills
  • Main Floor Bedroom
  • No HOA
  • Arroyo Grande High School Rated A-
  • Lawn
  • Cul-De-Sac

About This Home

As of December 2019

Beautiful home in a stellar location at the end of a cul de sac, just a short distance from the Village. There are many thoughtful upgrades and a big flat and fenced landscaped lot, making this a wonderful place to call home. The main living area is open concept with lots of windows and lots of light. The kitchen is newly remodeled with white cabinets, stainless steel appliances, a Bosch dishwasher, a gas range, quartz countertops, and a subway tile backsplash. The living room has high end crown and base moldings, two custom bookcase built ins and a Heat Glo fireplace insert with a granite hearth. There is new paint and new vinyl plank flooring throughout. The home features a brand new roof, vinyl windows, upgraded baseboards, updated lighting and hardware, gas heat, and generous closet space. The landscaping is wonderfully designed. There are mature plantings, a large patio for communal gatherings, a lush grassy play area, fruit trees, a stone pathway, and raised planting beds. There is a two car attached garage, complete with washer/dryer.

Last Agent to Sell the Property

Cathy Francis

Coast & County Brokers License #01359364 Listed on: 09/29/2019

Last Buyer's Agent

Rick Johnson

West Coast Properties License #00757689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,223

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 8,375 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back Yard
  • Property is zoned SF

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Hills
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Entryway
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Additional Features

  • Concrete Porch or Patio
  • Suburban Location
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 139
  • Assessor Parcel Number 007401012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,223

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: SF
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007401012
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1274.00 Square Feet
  • Interior Amenities: Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Entry Slope Less Than 1 Foot, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 506.28
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Awning(s)
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Cooktop, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lawn, Level with Street, Level, Sprinkler System
  • Lot Size Sq Ft: 8375.00
  • Lot Size Acres: 0.1923

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8375.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00
  • Tax Lot: 12
  • Tax Tract Number: 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2019
Closed on
Nov 22, 2019
Sold by
English Edward S and English Briana L
Bought by
Cueto Michael Anthony
Seller's Agent
Cathy Francis
Coast & County Brokers
Buyer's Agent
Rick Johnson
West Coast Properties
List Price
$655,000
Sold Price
$645,000
Premium/Discount to List
-$10,000
-1.53%
Current Estimated Value
$1,004,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,702
Avg. Annual Appreciation
8.39%
Original Mortgage
$445,000
Interest Rate
3.6%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Mar 1, 2012
Sold by
Federal National Mortgage Association
Bought by
English Edward S and English Briana L
Seller's Agent
Bob Hubbell
Hubbell Real Estate Group
Buyer's Agent
Cary Geihs
Geihs Enterprises, Inc
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$248,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2011
Sold by
Millsits Barbara Ann
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
Milisits Barbara A
Bought by
Milisits Barbara Ann and The 2006 Barbara Ann Milisits

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2006
Sold by
Milists Barbara Ann
Bought by
The 2006 Barbara Ann Milists Trust

Purchase Details

Closed on
Nov 11, 2002
Sold by
Friedman Richard Jay and Johnson Carolyn Marie
Bought by
Milisits 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
$300,700
Interest Rate
6.03%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 2, 2002
Sold by
Biondi Jennifer J and Stubbs Amy
Bought by
Friedman Richard Jay and Johnson Carolyn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.03%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 18, 2001
Sold by
Biondi Jennifer J
Bought by
Biondi Jennifer J and Stubbs Amy

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
6.89%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Strait Richard H
Bought by
Biondi Jennifer J

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
6.89%
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
Cueto Michael Anthony $645,000 Placer Title Company
English Edward S $310,000 Fidelity National Title Co
Federal National Mortgage Association -- First American Title Company
Milisits Barbara Ann -- None Available
Milisits Barbara Ann -- Fidelity National Title Co
The 2006 Barbara Ann Milists Trust -- None Available
Milisits Barbara A $382,000 Chicago Title Company
Friedman Richard Jay $365,000 First American Title Company
Biondi Jennifer J -- --
Biondi Jennifer J $250,000 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cueto Michael Anthony $367,230
Closed Cueto Michael Anthony $445,000
Previous Owner English Edward S $420,000
Previous Owner English Edward S $100,000
Previous Owner English Edward S $125,000
Previous Owner English Edward S $249,600
Previous Owner English Edward S $248,000
Previous Owner Milisits Barbara A $390,000
Previous Owner Milisits Barbara A $300,700
Previous Owner Friedman Richard Jay $292,000
Previous Owner Biondi Jennifer J $200,000
Closed Friedman Richard Jay $54,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $645,000 -1.5% $506 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/25/2019 10/25/19 Price Changed $655,000 0.0% $514 / Sq Ft
10/25/2019 10/25/19 For Sale $655,000 -0.8% $514 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $660,000 +112.9% $518 / Sq Ft
03/07/2012 03/07/12 Sold $310,000 0.0% $243 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $310,000 -- $243 / 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 $7,223 $705,398 $464,798 $240,600
2024 $7,139 $691,568 $455,685 $235,883
2023 $7,139 $678,008 $446,750 $231,258
2022 $7,029 $664,715 $437,991 $226,724
2021 $7,014 $651,682 $429,403 $222,279
2020 $6,933 $645,000 $425,000 $220,000
2019 $3,841 $349,049 $202,674 $146,375
2018 $3,795 $342,205 $198,700 $143,505
2017 $3,655 $335,496 $194,804 $140,692
2016 $3,451 $328,919 $190,985 $137,934
2015 $3,421 $323,980 $188,117 $135,863
2014 $3,296 $317,635 $184,433 $133,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19221346

California Regional Multiple Listing Service (CRMLS)

APN: 007-401-012