NOT LISTED FOR SALE

535 Otono Place Nipomo, CA 93444

Estimated Value: $1,095,000 - $1,235,765

4 Beds
3 Baths
2,341 Sq Ft
$496/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $1,075,000 $459 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,135/month

39 Days on Market

Highlights

  • 1.06 Acre Lot
  • Attic
  • No HOA
  • Cathedral Ceiling
  • Granite Countertops
  • Neighborhood Views

About This Home

As of March 2023

Desirable Sought After Neighborhood on Over One Acre on Quiet Cul-de-Sac in Nipomo!
Main House has 3 bedrooms and 2 bathrooms, approximately 1,700 sf. Wood/laminate flooring. Bright and light with vaulted ceilings.
Attached guest unit with 1 bedroom and 1 bathroom. Leased solar system. Perfect for rental income or guest quarters. Fireplace. 30x15 shed/cottage sand be converted to man cave she shed. Guest unit approximately 900 sf. with walk in shower. Two laundry rooms. Life Source water softener (no salt). Plenty of storage in the two storage sheds. Gazebo. Water softener. Full RV hook up. 40 ft storage container. Irrigation system and septic tank.

Last Agent to Sell the Property

Kaye Addington

Crown Properties License #00987350 Listed on: 12/29/2022

Last Buyer's Agent

Greg Schlitz

Modern Broker-Pismo Beach License #00570664

Modern Broker-Pismo Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,504

Year Built

  • Built in 1988

Lot Details

  • 1.06 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RS

Interior Spaces

  • 2,341 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Den
  • Neighborhood Views
  • Attic

Kitchen

  • Gas Oven
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Sinks
  • Private Water Closet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Utilities

  • Forced Air Heating System
  • Water Heater
  • Water Softener
  • Conventional Septic

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • Nipomo Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 1423
  • Assessor Parcel Number 092173017

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,504

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 805-574-1205
  • Property Attached: No
  • Subdivision Name Other: Nipomo(340)
  • View: Yes
  • Zoning: RS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 092173017
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2341.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, In-Law Floorplan, Pantry, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 459.21
  • Room Type: All Bedrooms Down, Attic, Den, Entry, Family Room, Kitchen, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s), Main Floor Full Bath, Privacy Toilet Door, Vanity Area

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Ice Maker, Refrigerator, Water Heater, Water Line to Refrigerator, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Inside, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 46174.00
  • Lot Size Acres: 1.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 46174.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 124.05
  • Tax Lot: 17
  • Tax Tract Number: 1423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
May 3, 2023
Sold by
Caldwell Shawn D and Caldwell Julie M
Bought by
Caldwell Family Trust and Caldwell
Seller's Agent
Kaye Addington
Crown Properties
Buyer's Agent
Greg Schlitz
Modern Broker-Pismo Beach
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
32
Current Estimated Value
$1,160,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,441
Avg. Annual Appreciation
3.01%

Purchase Details

Listed on
Dec 29, 2022
Closed on
Feb 7, 2023
Sold by
Galvin Robert T and Galvin Jenine M
Bought by
Caldwell Shawn D and Caldwell Julie M
Seller's Agent
Kaye Addington
Crown Properties
Buyer's Agent
Greg Schlitz
Modern Broker-Pismo Beach
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 2009
Sold by
Johnson Todd Eugene and Johnson Esther Castillo
Bought by
Galvin Robert T and Galvin Jenine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,930
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2005
Sold by
Augustus Rita E and Palermo Mark A
Bought by
Johnson Todd Eugene and Johnson Esther Castillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,600
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 18, 2005
Sold by
Augustus Rita E
Bought by
Augustus Rita E and Palermo Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,600
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 18, 2004
Sold by
Augustus Rita E and Palermo Mark A
Bought by
Augustus Rita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Augustus Rita E
Bought by
Palermo Mark A

Purchase Details

Closed on
Nov 13, 2002
Sold by
Palermo Mark A
Bought by
Augustus Rita 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
6.06%

Purchase Details

Closed on
Jul 5, 2001
Sold by
Augustus Rita E
Bought by
Palermo Mark A

Purchase Details

Closed on
Mar 29, 2001
Sold by
Palermo Mark A and Augustus Rita E
Bought by
Augustus Rita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%

Purchase Details

Closed on
Nov 6, 1997
Sold by
Augustus Rita E
Bought by
Palermo Mark A

Purchase Details

Closed on
Apr 5, 1995
Sold by
Herrera Richard and Herrera Roberta Ann
Bought by
Augustus Rita E
Source: Public Records

Range of Values:

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Average Value
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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
Caldwell Family Trust -- None Listed On Document
Caldwell Shawn D $1,075,000 First American Title
Galvin Robert T $440,000 First American Title Company
Johnson Todd Eugene $727,000 First American Title Co
Augustus Rita E -- First American Title Company
Augustus Rita E -- Title Court Services Inc
Palermo Mark A -- --
Augustus Rita E $29,000 First American Title Company
Palermo Mark A $15,500 --
Augustus Rita E $27,000 Fidelity National Title Co
Palermo Mark A -- --
Augustus Rita E $194,000 Cuesta Title Guaranty Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caldwell Shawn D $967,500
Previous Owner Galvin Robert T $402,930
Previous Owner Johnson Todd Eugene $581,600
Previous Owner Augustus Rita E $135,000
Previous Owner Augustus Rita E $85,000
Previous Owner Augustus Rita E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $1,075,000 -2.3% $459 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $1,100,000 -- $470 / 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 $11,504 $1,118,430 $598,230 $520,200
2024 $5,701 $1,096,500 $586,500 $510,000
2023 $5,701 $545,893 $217,114 $328,779
2022 $5,613 $535,190 $212,857 $322,333
2021 $5,602 $524,697 $208,684 $316,013
2020 $5,537 $519,318 $206,545 $312,773
2019 $5,501 $509,137 $202,496 $306,641
2018 $5,434 $499,155 $198,526 $300,629
2017 $5,331 $489,369 $194,634 $294,735
2016 $5,026 $479,774 $190,818 $288,956
2015 $4,953 $472,568 $187,952 $284,616
2014 $4,768 $463,312 $184,271 $279,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22257852

California Regional Multiple Listing Service (CRMLS)

APN: 092-173-017