NOT LISTED FOR SALE

511 Obispo Pacific Trail Arroyo Grande, CA 93420

Estimated Value: $1,039,642

7.04 Acres
$147,676 Price per Acre
306,662 Sq Ft Lot

Last Sold April 08, 2014

Last sale price $665,000

Est. 56% increase in value since last sale

Current estimated payment $6,109/month

10 Days on Market

Highlights

  • Ocean View
  • 7.04 Acre Lot
  • Up Slope from Street
  • Arroyo Grande High School Rated A-
  • No HOA
  • Paved or Partially Paved Lot

About This Lot

As of April 2014

One of a kind! Fabulous Panoramic Ocean and Valley Views! Many building sites. Build your custom home and enjoy the sunsets overlooking the beautiful Pacific Ocean. You can even build a separate Guest house and as many outbuildings as you need. Great neighborhood, very close to shopping and just outside the city limits of AG. Seller may finance with good down payment. All corners are marked with white PVC poles.

Last Agent to Sell the Property

Carmen Green

C. Green Real Estate Co. License #00981917 Listed on: 02/04/2014

Last Buyer's Agent

Carmen Green

C. Green Real Estate Co. License #00981917 Listed on: 02/04/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,874

Lot Details

  • 7.04 Acre Lot
  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Property is zoned RRUR

Parking

  • Up Slope from Street

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Hills

Utilities

  • Shared Well
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044551010

Property Details

Property Type

Land

Est. Annual Taxes

$7,874

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Single Family.
  • Road Frontage Type: Private Road
  • Subdivision Name Other: Sea Clift Estates(500)
  • Zoning: RRUR
  • Property Type: Land
  • Parcel Number: 044551010
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.17

Exterior Features

  • View: Bay, City Lights, Hills, Ocean, Panoramic

Utilities

  • Utilities: Electricity Available, Phone Connected
  • Water Source: Shared Well
  • Water Well: Yes
  • Well Gallons Per Minute: 16.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Paved, Up Slope from Street
  • Lot Size Sq Ft: 306662.00
  • Lot Size Acres: 7.0400

Multi Family

  • Lot Size Area: 306662.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Loustalot Jon L and Loustalot Monica L
Bought by
Jon Landon Loustalot And Monica Lynn Gonzales and Loustalot
Current Estimated Value
$1,039,642

Purchase Details

Closed on
Jun 15, 2020
Sold by
Paratore Ross F and Paratore Kristy
Bought by
Loustalot Jon L and Gonzales Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.2%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 27, 2014
Sold by
Grant Horace and Grant Andrea M
Bought by
Paratore Ii Ross Frank and Paratore Kristy
Seller's Agent
Carmen Green
C. Green Real Estate Co.
Buyer's Agent
Carmen Green
C. Green Real Estate Co.
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Mar 24, 2010
Sold by
Grant Horace J and Grant Andrea M
Bought by
Grant Horace and Grant Andrea M

Purchase Details

Closed on
Jun 5, 2006
Sold by
Lang Andrew J and Lang Robin S
Bought by
Grant Horace J and Grant Andrea M

Purchase Details

Closed on
Jan 11, 1999
Sold by
Myrick Scott K and Myrick Annette
Bought by
Lang Andrew J and Lang Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
6.73%

Purchase Details

Closed on
Dec 26, 1995
Sold by
Godfrey Mark Edward and Godfrey Karen Lee
Bought by
Myrick Scott K and Myrick Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.18%
Mortgage Type
Seller Take Back
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
Jon Landon Loustalot And Monica Lynn Gonzales -- None Listed On Document
Loustalot Jon L $700,000 Chicago Title Company
Paratore Ii Ross Frank -- First American Title Company
Grant Horace -- None Available
Grant Horace J $899,000 First American Title Co
Lang Andrew J $323,000 Chicago Title Co
Myrick Scott K $233,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loustalot Jon L $600,000
Previous Owner Lang Andrew J $258,400
Previous Owner Myrick Scott K $90,000
Closed Myrick Scott K $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $665,000 -4.9% --
02/14/2014 02/14/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $699,000 -- --
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 $7,874 $765,550 $765,550 --
2024 $7,784 $750,540 $750,540 --
2023 $7,784 $735,824 $735,824 $0
2022 $7,667 $721,397 $721,397 $0
2021 $7,653 $707,252 $707,252 $0
2020 $8,056 $745,392 $745,392 $0
2019 $8,006 $730,777 $730,777 $0
2018 $7,911 $716,449 $716,449 $0
2017 $7,763 $702,401 $702,401 $0
2016 $7,321 $688,629 $688,629 $0
2015 $7,216 $678,286 $678,286 $0
2014 $6,949 $525,000 $525,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1040830

California Regional Multiple Listing Service (CRMLS)

APN: 044-551-021