NOT LISTED FOR SALE

541 Corbett Canyon Rd Arroyo Grande, CA 93420

Estimated Value: $1,707,059 - $2,202,000

5 Beds
2 Baths
1,700 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $1,025,000 $603 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $11,215/month

230 Days on Market

Highlights

  • Horse Property
  • 19 Acre Lot
  • No HOA
  • Arroyo Grande High School Rated A-
  • Canyon View
  • Laundry Room

About This Home

As of June 2019

541 - 585 Corbett Canyon Road, Arroyo Grande, CA is 20 acres+/- with 4 APN's (#1 044-521-064 +/- 4.58 Ac, #2 044-521-062 +/- 15.05 Ac, #3 044-521-004 +/- 0.50 Ac and #4 044-521-063 +/- 0.50 Ac) #1 has an older 860 +/- sq ft home estimated at 1890's with an old barn age unknown. #2 is currently used for livestock corrals (not included), this parcel is level to up-slope. #3 has an older 1940's 3 bedroom 1.5 bath. #4 surrounds parcel 3. All parcels are offered as a unit. Current ownership interests are common but vary by parcel. There are also 2 functioning water wells onsite. Please respect the tenants privacy. Buyer to verify all.

Last Agent to Sell the Property

Mark London

Asset Management Service License #00589098 Listed on: 06/30/2018

Last Buyer's Agent

Nicholas Southern

Triad Real Estate Group License #01270669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,666

Year Built

  • Built in 1890

Lot Details

  • 19 Acre Lot
  • Rural Setting

Interior Spaces

  • 1,700 Sq Ft Home
  • Canyon Views

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Horse Property

Utilities

  • Well
  • Conventional Septic
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044,521,062

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,666

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044,521,062
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1700.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 602.94
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Canyon
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Conventional Septic, Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 827640.00
  • Lot Size Acres: 19.0000
  • Latitude Manual: 35.14483400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19.0000 Acres
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
May 15, 2019
Sold by
Chaves Revocable Family Trust
Bought by
Chaves Steve and Chaves Terri
Seller's Agent
Mark London
Asset Management Service
Buyer's Agent
Nicholas Southern
Triad Real Estate Group
List Price
$1,600,000
Sold Price
$1,025,000
Premium/Discount to List
-$575,000
-35.94%
Current Estimated Value
$1,858,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,765
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Dutra Bryan A
Bought by
Dutra Bryan A

Purchase Details

Closed on
Jan 27, 2019
Sold by
Chaves Revocable Family Trust
Bought by
Chaves Steve and Chaves Terri

Purchase Details

Closed on
Jun 9, 2007
Sold by
Dutra Bryan A
Bought by
Dutra Bryan A

Purchase Details

Closed on
May 19, 2007
Sold by
Dutra Bryan A
Bought by
Dutra Bryan A

Purchase Details

Closed on
Dec 15, 2006
Sold by
Chaves Joseph M
Bought by
Dutra Bryan A

Purchase Details

Closed on
Jun 21, 2006
Sold by
Foster Alice R
Bought by
Foster Thomas H and Foster Alice R

Purchase Details

Closed on
Jun 16, 2006
Sold by
Chaves Joseph M
Bought by
Foster Alice R
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
Chaves Steve $173,000 Fidelity National Title Co
Dutra Bryan A -- None Available
Chaves Steve $462,500 Fidelity National Title Co
Dutra Bryan A -- None Available
Dutra Bryan A -- None Available
Dutra Bryan A -- None Available
Foster Thomas H -- None Available
Foster Alice R -- None Available
Chaves Joseph M -- None Available
Chaves Joseph M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $1,025,000 -35.9% $603 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
06/30/2018 06/30/18 For Sale $1,600,000 -- $941 / 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 $16,666 $1,620,303 $341,100 $1,279,203
2024 $3,822 $1,588,533 $334,412 $1,254,121
2023 $3,822 $361,308 $249,424 $111,884
2022 $3,765 $354,225 $244,534 $109,691
2021 $3,758 $347,281 $239,740 $107,541
2020 $4,779 $442,224 $345,785 $96,439
2019 $613 $50,663 $17,013 $33,650
2018 $548 $49,671 $16,680 $32,991
2017 $538 $48,698 $16,353 $32,345
2016 $560 $47,744 $16,033 $31,711
2015 $500 $47,028 $15,793 $31,235
2014 $482 $46,108 $15,484 $30,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18157209

California Regional Multiple Listing Service (CRMLS)

APN: 044-521-064