NOT LISTED FOR SALE

522 Milky Way Lompoc, CA 93436

Estimated Value: $565,000 - $599,000

4 Beds
1.5 Baths
1,624 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $270,000 $166 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,639/month

234 Days on Market

Highlights

  • Attached Garage
  • Patio
  • Dining Area
  • Cabrillo High School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of June 2016

Nice, large home with four bedrooms, separate formal dining room, spacious living room and cute den area off kitchen. Half bath downstairs and full bath upstairs. Two-car garage and large, private backyard. Located on quiet street in South Vandenberg Village, just minutes from Vandenberg Air Force Base but also easy commute to Santa Barbara or north to Santa Maria and San Luis Obispo. Was in escrow with Santa Barbara investor, but bank countered his lower offer with $267,500, and he canceled. All offers are contingent upon full bank approval from two different lenders. Come and see it right away.--------------------------------------------------------------------------------

Last Agent to Sell the Property

Connie Barlow

Century 21 Masters Listed on: 04/06/2016

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,613

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Irrigation

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Lompoc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 097-053-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,613

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Directions: Highway 1 through Lompoc to Constellation Rd exit; left on Constellation to Solar Way; right on Solar to Milky Way; left on Milky Way.
  • Prop. Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, In Garage
  • Subdivision Name: Lompoc
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Information Year Built2: 1962
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Construction Two Story2: Yes
  • Fireplace(s) Family Room3: Yes
  • Property Information Apx Lot SqFt: 6970.0
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry In Garage2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Appliances Included Elect Stove2: Yes
  • Cooling None8: Yes
  • Exterior:Aluminum Siding: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Elect Stove
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Type: Aluminum Siding
  • Acres: 0.16
  • Exterior Features: Patio Open, Yard Irrigation T/O, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 097-053-004
  • Zoning: R-1
  • Lot Size Sq Ft: 6970.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2019
Sold by
Lund Jonathan N
Bought by
Smith Stephen D and The Stephen D Smith Living Tru
Total Days on Market
234
Current Estimated Value
$581,945

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 31, 2016
Sold by
Lund Victoria Grace
Bought by
Lund Jonathan N
Seller's Agent
Connie Barlow
Century 21 Masters
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$268,000
Sold Price
$270,000
Premium/Discount to List
$2,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$256,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 19, 2016
Sold by
Fraats Joesph K and Fraats Alice O
Bought by
Lund Jonathan N
Seller's Agent
Connie Barlow
Century 21 Masters
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$268,000
Sold Price
$270,000
Premium/Discount to List
$2,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Whaley Teresa E
Bought by
Fraats Joseph K and Fraats Alice O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Whaley William Patrick
Bought by
Whaley William P and Whaley Living Trust
Source: Public Records

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Range of Values:

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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
Smith Stephen D $353,000 Fidelity National Title Co
Lund Jonathan N -- Fidelity National Title Co
Lund Jonathan N $270,000 Fidelity National Title Co
Fraats Joseph K $425,000 Stewart Title Of Ca Inc
Whaley William P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lund Jonathan N $256,500
Previous Owner Fraats Joseph K $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $270,000 +0.7% $166 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $268,000 -- $165 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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
2023 $4,613 $378,485 $128,663 $249,822
2022 $4,542 $371,065 $126,141 $244,924
2021 $4,591 $363,790 $123,668 $240,122
2020 $4,545 $360,060 $122,400 $237,660
2019 $3,704 $286,525 $116,732 $169,793
2018 $3,653 $280,908 $114,444 $166,464
2017 $3,504 $275,400 $112,200 $163,200
2016 $2,529 $222,000 $117,000 $105,000
2015 $2,419 $211,000 $111,000 $100,000
2014 $2,314 $201,000 $106,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3238

Santa Barbara Multiple Listing Service

APN: 097-053-004