NOT LISTED FOR SALE

525 Traffic Way Arroyo Grande, CA 93420

Estimated Value: $4,169,152

-- Bed
-- Bath
2,950 Sq Ft
$1,413/Sq Ft Est. Value

About This Home

This home is located at 525 Traffic Way, Arroyo Grande, CA 93420 and is currently estimated at $4,169,152, approximately $1,413 per square foot. 525 Traffic Way is a home located in San Luis Obispo County with nearby schools including Branch Elementary School, Paulding Middle School, and Arroyo Grande High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
222 East Grand Avenue Llc
Bought by
Rer Oil Inc
Current Estimated Value
$4,169,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,560,000
Outstanding Balance
$2,285,795
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$1,886,626

Purchase Details

Closed on
Dec 5, 2012
Sold by
Achadjian Khatchik Hratchia and Achadjian Araxie Hovsep
Bought by
222 East Grand Avenue Llc

Purchase Details

Closed on
Jul 25, 1994
Sold by
Achadjian Khatchik H and Achadjian Araxie H
Bought by
Achadjian Khatchik Hratchia and Achadjian Araxie Hovsep

Purchase Details

Closed on
May 2, 1994
Sold by
Schmitt Paul and Schmitt Katherine
Bought by
Achadjian Khatchik H and Achadjian Araxie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
8.57%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rer Oil Inc $2,770,000 First American Title Co
222 East Grand Avenue Llc -- None Available
Achadjian Khatchik Hratchia -- --
Wartanian Aghob N -- --
Achadjian Khatchik H $485,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rer Oil Inc $2,560,000
Previous Owner Achadjian Khatchik H $435,000
Source: Public Records

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
2024 $24,411 $2,340,399 $1,115,517 $1,224,882
2023 $24,411 $2,294,510 $1,093,645 $1,200,865
2022 $24,042 $2,249,520 $1,072,201 $1,177,319
2021 $23,996 $2,205,413 $1,051,178 $1,154,235
2020 $23,721 $2,182,800 $1,040,400 $1,142,400
2019 $23,550 $1,276,854 $730,271 $546,583
2018 $15,611 $1,407,608 $715,952 $691,656
2017 $15,428 $1,386,806 $701,914 $684,892
2016 $14,886 $1,388,624 $688,151 $700,473
2015 $14,897 $1,380,221 $677,815 $702,406
2014 $14,598 $1,375,984 $664,538 $711,446
Source: Public Records

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