NOT LISTED FOR SALE

511 Crown Hill St Unit A Arroyo Grande, CA 93420

Estimated Value: $516,000 - $630,000

2 Beds
2 Baths
880 Sq Ft
$360/mo HOA Fee

Last Sold November 01, 2021

Last sale price $513,500 $584 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,931/month

43 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open to Family Room
  • Ocean View Elementary School Rated A-
  • Main Floor Bedroom
  • Family Room Off Kitchen

About This Home

As of November 2021

Tucked away on Crown Hill in the historic Village of Arroyo Grande, just a short walk to great restaurants, shops, Saturday Farmer's Market and all the street festivals that the Village has to offer. This 2 bedroom 2 bathroom condominium with a single car garage has spectacular town and ocean views from atop the hill stretching from Point Sal to Avila. Enjoy views and a gas burning fireplace from the kitchen, living and dining room space or, lounge on the ample balcony. Upgrades include renovations to both bathrooms, hard surface flooring throughout and slab countertops in kitchen. Crown Terrace is a quiet community that feels secluded while sitting right above one of the most charming and fun neighborhoods on the central coast.

Last Agent to Sell the Property

Andrew Romero

eXp Realty of California, Inc. License #01994364 Listed on: 09/02/2021

eXp Realty of California, Inc.

Last Buyer's Agent

Kellye Grayson

The Avenue Central Coast Realty, Inc. License #02014877

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,637

Year Built

  • Built in 1978

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Density is up to 1 Unit/Acre

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Dune
  • Hills
  • Neighborhood

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

  • Paulding Middle School
  • Arroyo Grande High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 835
  • Assessor Parcel Number 007265002

Community Details

Overview

  • Master Insurance
  • 8 Units
  • Crown Terrace Association, Phone Number (805) 543-2636
  • Farrell Smyth HOA
  • Maintained Community

Recreation

  • Park
  • Bike Trail

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,637

Year Built

Built in 1978

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 805-709-3230
  • Property Attached: Yes
  • View: Yes
  • Zoning: MF
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 007265002
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 880.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 583.52
  • Room Type: Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Direction Faces: West
  • View: Dunes, City Lights, Coastline, Hills, Neighborhood, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Management
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Crown Terrace
  • Phone: 805-543-2636
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Park, Street Lights, Suburban
  • Association Management: Farrell Smyth

Schools

  • School District: Lucia Mar Unified
  • Middle School: Paulding
  • High School: Arroyo Grande
  • High School: Arroyo Grande
  • Middle Or Junior School: Paulding
  • High School2: ARRGR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Walkstreet
  • Lot Size Sq Ft: 880.00
  • Lot Size Acres: 0.0202

Multi Family

  • Lease Considered: No
  • Lot Size Area: 880.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00
  • Tax Lot: 1
  • Tax Tract Number: 835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
William Schmitz Grant
Bought by
Grant Schmitz Trust
Current Estimated Value
$573,597

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 28, 2021
Sold by
Pimentel Matthew M
Bought by
Schmitz Grant William
Seller's Agent
Andrew Romero
eXp Realty of California, Inc.
Buyer's Agent
Kellye Grayson
The Avenue Central Coast Realty, Inc.
List Price
$579,000
Sold Price
$513,500
Premium/Discount to List
-$65,500
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 11, 2018
Sold by
Wellborn Stephane I
Bought by
Pimentel Matthew M
Seller's Agent
Faith Ward
Century 21 Hometown Realty, San Luis Obispo Office
Buyer's Agent
Cheryl Service
Cheryl Service Realty
List Price
$398,000
Sold Price
$389,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$369,550
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2014
Closed on
Jul 26, 2014
Sold by
Brackett Ruth Ellen and The Brackett Family Revocable
Bought by
Welborn Stephen I
Seller's Agent
Diane Malvarose
Nipomo Properties
Buyer's Agent
Faith Ward
Century 21 Hometown Realty
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Feb 7, 2001
Sold by
Brackett Ruth E and Brackett Malcolm J
Bought by
The Brackett Family Revocable Trust

Purchase Details

Closed on
Dec 15, 1993
Sold by
Majors Brian M
Bought by
Brackett Malcom J and Brackett Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.24%
Source: Public Records

Range of Values:

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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
Grant Schmitz Trust -- None Listed On Document
Schmitz Grant William $513,500 Fidelity National Title Co
Pimentel Matthew M $389,000 First American Title
Welborn Stephen I $279,000 First American Title Company
The Brackett Family Revocable Trust -- --
Brackett Malcom J $106,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pimentel Matthew M $369,550
Previous Owner Brackett Malcom J $155,000
Previous Owner Brackett Malcolm J $75,000
Previous Owner Brackett Malcom J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $513,500 -2.4% $584 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/10/2021 10/10/21 Price Changed $526,000 -4.2% $598 / Sq Ft
09/18/2021 09/18/21 Price Changed $549,000 -5.2% $624 / Sq Ft
09/02/2021 09/02/21 For Sale $579,000 +48.8% $658 / Sq Ft
05/04/2018 05/04/18 Sold $389,000 -2.3% $442 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $398,000 +42.7% $452 / Sq Ft
08/04/2014 08/04/14 Sold $279,000 -- $317 / 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 $5,637 $544,929 $281,220 $263,709
2024 $5,572 $534,245 $275,706 $258,539
2023 $5,572 $523,770 $270,300 $253,470
2022 $5,488 $513,500 $265,000 $248,500
2021 $4,449 $408,907 $210,235 $198,672
2020 $4,398 $404,715 $208,080 $196,635
2019 $4,366 $396,780 $204,000 $192,780
2018 $3,268 $294,695 $147,876 $146,819
2017 $3,214 $288,918 $144,977 $143,941
2016 $3,037 $283,254 $142,135 $141,119
2015 $3,011 $279,000 $140,000 $139,000
2014 $1,566 $147,641 $97,048 $50,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21194682

California Regional Multiple Listing Service (CRMLS)

APN: 007-265-002