NOT LISTED FOR SALE

508 Cornwall Ave Arroyo Grande, CA 93420

Estimated Value: $767,000 - $896,000

3 Beds
2 Baths
1,383 Sq Ft
$594/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $730,000 $528 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,891/month

76 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Granite Countertops
  • Ocean View Elementary School Rated A-
  • Bonus Room
  • No HOA

About This Home

As of February 2022

Don't miss out the opportunity to own this beautifully designed 2 bedroom, 2 full bath, custom home just a stones throw from the charming Arroyo Grande Village. This turn key home, built in 2008, has been meticulously maintained by the owner. Step through the front door into an open floorplan living area with engineered wood floors, high vaulted ceilings and rustic wood beam. The kitchen is fully equipped with stainless steel appliances, Kinetico water softener & RO with instant-hot. This home has been freshly painted both exterior & interior and features new, upgraded carpets in the bedrooms. Don't miss the 217 square foot bonus room, which would make a great home office, play room, or a main level bedroom. The finished garage features laundry, folding table and workbench. This low maintenance home would make a great first time buy or enjoy this as a second home/vacation property. This adorable home is a licensed vacation rental with the City of Arroyo Grande. Don't miss this great opportunity.

Last Agent to Sell the Property

Lindsey Harn

Christie's International Real Estate Sereno License #01868098 Listed on: 11/11/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Melody Avant

Christie's International Real Estate Sereno License #01403697

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 3,289 Sq Ft Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Attached Garage

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,383 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • Bonus Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Water Softener
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 006172034

Community Details

Overview

  • No Home Owners Association
  • West Of 101 Subdivision
  • Property is near a preserve or public land

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

3,289 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Televisions
  • Property Attached: No
  • Subdivision Name Other: West of 101(1000)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006172034
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1383.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 527.84
  • Room Type: All Bedrooms Up, Bonus Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Enclosed
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Instant Hot Water, Microwave, Refrigerator, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Preserve/Public Land, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3289.00
  • Lot Size Acres: 0.0755

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3289.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 7, 2022
Sold by
Mier and Karen
Bought by
Lakimmy
Seller's Agent
Lindsey Harn
Christie's International Real Estate Sereno
Buyer's Agent
Melody Avant
Christie's International Real Estate Sereno
List Price
$729,000
Sold Price
$730,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$822,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,192
Avg. Annual Appreciation
3.04%
Original Mortgage
$547,500
Outstanding Balance
$508,395
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$313,797

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 1, 2013
Sold by
Harrison Glenn L and Harrison Louise Harrison
Bought by
Mier Michael and Mier Karen
Seller's Agent
cheryl benzer
Benzer Realty
Buyer's Agent
George Fisher
Compass
List Price
$429,000
Sold Price
$370,000
Premium/Discount to List
-$59,000
-13.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$296,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Cabreros Clarence C and Cabreros Julia G
Bought by
Harrison Glenn L and Harrison Louise Harrison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2007
Sold by
Madsen Michael D and Madsen Judy A
Bought by
Cabreros Clarence C and Cabreros Julia G

Purchase Details

Closed on
Sep 25, 1996
Sold by
Madsen Clara D
Bought by
Madsen Michael D and Madsen Stephen L

Purchase Details

Closed on
Jul 19, 1996
Sold by
Madsen Clara D
Bought by
Madsen Michael D and Madsen Stephen L
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
Lakimmy $730,000 First American Title
Mier Michael $370,000 Fidelity National Title Co
Harrison Glenn L $390,000 Fidelity National Title Co
Cabreros Clarence C $362,500 First American Title Co
Madsen Michael D -- --
Madsen Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakimmy $547,500
Previous Owner Mier Michael $296,000
Previous Owner Harrison Glenn L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $730,000 +0.1% $528 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $729,000 0.0% $527 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $729,000 +97.0% $527 / Sq Ft
10/25/2013 10/25/13 Sold $370,000 -13.8% $274 / Sq Ft View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $429,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,014 $774,681 $440,401 $334,280
2024 $7,922 $759,492 $431,766 $327,726
2023 $7,922 $744,600 $423,300 $321,300
2022 $4,568 $427,401 $231,027 $196,374
2021 $4,559 $419,022 $226,498 $192,524
2020 $4,507 $414,726 $224,176 $190,550
2019 $4,474 $406,595 $219,781 $186,814
2018 $4,421 $398,623 $215,472 $183,151
2017 $4,348 $390,808 $211,248 $179,560
2016 $4,107 $383,146 $207,106 $176,040
2015 $4,073 $377,392 $203,996 $173,396
2014 $3,925 $370,000 $200,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21246914

California Regional Multiple Listing Service (CRMLS)

APN: 006-172-034

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