550 Riata Ln Nipomo, CA 93444
Estimated Value: $2,366,411 - $2,703,000
3
Beds
3
Baths
3,141
Sq Ft
$811/Sq Ft
Est. Value
Highlights
- Horse Property Unimproved
- 10.56 Acre Lot
- Fireplace in Primary Bedroom
- Private Pool
- View of Hills
- Cathedral Ceiling
About This Home
As of June 2019First time on the market! This 10-acre property in the gated community of Rancho Nipomo won't last long. An entertainer's dream, the outdoor amenities feature a pool with built-in hot-tub, slide, stone waterfall and a pool house, all completed in 2014. The built-in Santa Maria style barbecue pit and large patio area make this the perfect home for indoor/outdoor living. Walk amongst the orchard that includes avocados, figs, limes & lemons. The main home boasts a wonderful open floor plan with a master bedroom suite and separate office on one side of the home, with the two additional bedrooms conveniently located on the opposite side of the home near the kitchen. The home is on 10-acres of flat, usable land with two fenced pastures for horses with corrals in each. The expansive barn is complete with an equipped wood-shop that could easily be converted into a saddle room. This property has been lovingly maintained since the Seller built it. Act quickly before this hidden oasis is gone!
Last Agent to Sell the Property
Melange Properties License #01472639 Listed on: 04/10/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,208
Year Built
- Built in 1996
Lot Details
- 10.56 Acre Lot
- Rural Setting
- Rectangular Lot
- Level Lot
- Sprinkler System
- Density is 6-10 Units/Acre
- Property is zoned RR
HOA Fees
- $290 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Interior Spaces
- 3,141 Sq Ft Home
- 1-Story Property
- Wet Bar
- Cathedral Ceiling
- Ceiling Fan
- Family Room with Fireplace
- Dining Room with Fireplace
- Home Office
- Workshop
- Wood Flooring
- Views of Hills
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Private Pool
- Waterfall Pool Feature
- Pool Cover
Utilities
- Central Heating and Cooling System
- Shared Well
- Private Sewer
Additional Features
- Pasture
- Horse Property Unimproved
Listing and Financial Details
- Assessor Parcel Number 090012003
Community Details
Overview
- Rancho Nipomo Homeowner's Association, Phone Number (805) 489-0864
- B&W Management HOA
- Maintained Community
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2019
Closed on
Jun 3, 2019
Sold by
Silva Manuel F and Silva Fmtr Nancy
Bought by
Hall Michael H and Hall Wendy H
Seller's Agent
Michelle Borrero
Melange Properties
Buyer's Agent
Kaye Dee Rickerd
RE/MAX Parkside Real Estate
List Price
$2,100,000
Sold Price
$1,700,000
Premium/Discount to List
-$400,000
-19.05%
Total Days on Market
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,353
Avg. Annual Appreciation
6.98%
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 13, 2010
Sold by
Silva Manuel F and Silva Nancy L
Bought by
Silva Manuel F and Silva Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2008
Sold by
Silva Manuel F and Silva Nancy L
Bought by
Silva Manuel F and Silva Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 22, 2008
Sold by
Silva Manuel F and Silva Nancy L
Bought by
Silva Manuel F and Silva Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 1995
Sold by
Silva Manuel F and Silva Nancy L
Bought by
Silva Manuel F and Silva Nancy L
Similar Homes in Nipomo, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hall Michael H | $1,700,000 | First American Title Company | |
| Silva Manuel F | -- | Accommodation | |
| Silva Manuel F | -- | Fidelity National Title Co | |
| Silva Manuel F | -- | Accommodation | |
| Silva Manuel F | -- | Cuesta Title | |
| Silva Manuel F | -- | Chicago Title Co | |
| Silva Manuel F | -- | Chicago Title Co | |
| Silva Manuel F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hall Michael H | $296,000 | |
| Closed | Hall Michael H | $300,000 | |
| Previous Owner | Silva Manuel F | $450,000 | |
| Previous Owner | Silva Manuel F | $295,000 | |
| Previous Owner | Silva Manuel F | $500,000 | |
| Previous Owner | Silva Manuel F | $365,000 | |
| Previous Owner | Silva Manuel F | $300,000 | |
| Previous Owner | Silva Manuel F | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2019 06/18/19 | Sold | $1,700,000 | -19.0% | $541 / Sq Ft |
| 04/10/2019 04/10/19 | For Sale | $2,100,000 | -- | $669 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,208 | $1,859,194 | $656,186 | $1,203,008 |
| 2023 | $19,208 | $1,822,740 | $643,320 | $1,179,420 |
| 2022 | $18,917 | $1,787,001 | $630,706 | $1,156,295 |
| 2021 | $18,881 | $1,751,963 | $618,340 | $1,133,623 |
| 2020 | $18,664 | $1,734,000 | $612,000 | $1,122,000 |
| 2019 | $9,793 | $900,897 | $228,188 | $672,709 |
| 2018 | $9,675 | $883,233 | $223,714 | $659,519 |
| 2017 | $9,493 | $865,916 | $219,328 | $646,588 |
| 2016 | $8,951 | $848,938 | $215,028 | $633,910 |
| 2015 | $8,822 | $836,188 | $211,799 | $624,389 |
| 2014 | $6,443 | $623,560 | $207,651 | $415,909 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Borrero
M
Seller's Agent in 2019
Michelle Borrero
Melange Properties
(805) 459-5289
4 Total Sales
-
Kaye Dee Rickerd
Buyer's Agent in 2019
Kaye Dee Rickerd
RE/MAX
(805) 234-5188
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP19078461
APN: 090-012-003
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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