NOT LISTED FOR SALE

531 Avenida Montecito Verde Nipomo, CA 93444

Nipomo Neighborhood

Estimated Value: $729,000 - $799,000

3 Beds
2 Baths
1,632 Sq Ft
$470/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $625,000 $383 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,846/month

12 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • No HOA
  • High Ceiling
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of February 2021

An absolute gem awaits you in Nipomo in a convenient cul-de-sac location. Every aspect of this home has been updated and upgraded, as the pictures show! To many amenities to list, but a few are; Custom knotty alder cabinetry, custom copper kitchen sink, hood, lighting and accents in a fully remodeled kitchen. A vaulted ceiling great room with a free standing wood burning stove, wired for surround sound. Hickory wood floors and new carpet and freshly painted throughout the home. Travertine tile and wainscoting in both bathrooms. A huge backyard for entertaining and gardening. Stamped concrete patios and walkways, BBQ pit, raised planter beds, fruit trees and a work shop. Backs up to green space that will never be developed. A large concrete drive way can accommodate multiple vehicles or even a small RV. There is much more that meets eye! Custom! Custom! Custom!

Last Listed By

Dawn Valenti

LPT Realty, Inc. License #01383421 Listed on: 01/10/2021

LPT Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,879

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned RSF

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Gas and Electric Range
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Nipomo Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 458
  • Assessor Parcel Number 092291019

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,879

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Nipomo(340)
  • View: No
  • Zoning: RSF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 092291019
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1632.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Recessed Lighting, Wainscoting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 382.97
  • Room Type: Great Room
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 35.02794800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 124.01
  • Tax Lot: 18
  • Tax Tract Number: 458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Jan 27, 2021
Sold by
Settle James B
Bought by
Holden Scott Merritt
Seller's Agent
Dawn Valenti
LPT Realty, Inc.
Buyer's Agent
Veronica Benavidez
Keller Williams Realty Central Coast
List Price
$625,000
Sold Price
$625,000
Total Days on Market
12
Current Estimated Value
$767,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,043
Avg. Annual Appreciation
4.29%
Original Mortgage
$500,000
Outstanding Balance
$451,558
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,583

Purchase Details

Closed on
Jan 14, 2005
Sold by
Harris Lillian R and Harris Sean M
Bought by
Settle James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Yracheta Martin and Yracheta Gloria
Bought by
Harris Lillian R and Harris Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.61%
Mortgage Type
Stand Alone First

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
Holden Scott Merritt $625,000 Fidelity National Title Co
Settle James B $415,000 Chicago Title Company
Harris Lillian R $305,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holden Scott Merritt $500,000
Previous Owner Settle James B $75,000
Previous Owner Settle James B $417,000
Previous Owner Settle James B $50,000
Previous Owner Settle James B $332,000
Previous Owner Harris Lillian R $280,000
Previous Owner Harris Lillian R $244,000
Previous Owner Yracheta Martin $162,400
Previous Owner Yracheta Martin $117,587
Closed Settle James B $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $625,000 0.0% $383 / Sq Ft
01/10/2021 01/10/21 For Sale $625,000 -- $383 / 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
2024 $6,879 $663,254 $291,832 $371,422
2023 $6,879 $650,250 $286,110 $364,140
2022 $6,775 $637,500 $280,500 $357,000
2021 $6,465 $597,531 $238,229 $359,302
2020 $5,663 $524,000 $210,000 $314,000
2019 $5,368 $490,000 $195,000 $295,000
2018 $5,411 $490,000 $195,000 $295,000
2017 $4,564 $413,000 $165,000 $248,000
2016 $4,008 $377,000 $150,000 $227,000
2015 $3,926 $369,000 $145,000 $224,000
2014 $3,386 $324,000 $130,000 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21005539

California Regional Multiple Listing Service (CRMLS)

APN: 092-291-019