NOT LISTED FOR SALE

552 Paseo St Arroyo Grande, CA 93420

Estimated Value: $1,534,000 - $2,259,000

4 Beds
3.5 Baths
4,011 Sq Ft
$472/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $900,000 $224 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,634/month

39 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Open Floorplan
  • Ocean View Elementary School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of January 2018

4011 sq ft home, built in 2009, is convenient lo located and within walking distance to the village. 3 story custom home offers 4 bedrooms, 4 bathrooms plus office and bonus room which can be used as in-law suite or entertaining room. Main living space on the 2nd floor with main entrance ha formal living room, office, gourmet kitchen with 6 burner stove with high-quality custom finishes, oversized custom island opens to spacious family room, dining area and large custom deck that looks out to the secluded wooded area The laundry room is conveniently located by all 4 bedrooms on the 3rd floor. Bonus room is located on the 1st floor with its own walk-in closet and full bathroom. This beautiful custom home with oversized 2 car garage is spacious yet feels warm and cozy and no other home is like it in Arroyo Grande. Sellers are motivated to sell.

Last Agent to Sell the Property

Sue Kim

Rite Properties License #01258902 Listed on: 10/26/2017

Last Buyer's Agent

Jimela Bewley

Allure Homes License #01373241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,192

Year Built

  • Built in 2009

Lot Details

  • 5,463 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Corner Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RH

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Creek or Stream
  • Hills

Home Design

  • Custom Home
  • Modern Architecture
  • Composition Roof
  • Shingle Siding
  • Stone Siding
  • Copper Plumbing

Interior Spaces

  • 4,011 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room Balcony
  • Family or Dining Combination
  • Home Office
  • Bonus Room
  • Storage
  • Laundry Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Pots and Pans Drawers
  • Self-Closing Drawers
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Wood Patio
  • Rain Gutters
  • Rear Porch

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 007254051

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,192

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RH
  • Architectural Style: Custom Built, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007254051
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4011.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Living Room Balcony, Open Floorplan, Pantry, Storage, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 224.38
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Laundry, Living Room, Master Suite, Office, Utility Room, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Self-Closing Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Creek/Stream, Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Deck, Rear Porch, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Shingle Siding, Stone

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Valley

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 5463.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Marchetti Joseph A
Bought by
Marchetti Joseph A and Marchetti Joseph
Current Estimated Value
$1,891,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2021
Sold by
Bewley Clayton M and Bewley Jimela M
Bought by
Marchetti Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Dec 5, 2017
Sold by
Kim Scott and Kim Ellen
Bought by
Bewley Clayton M and Bewley Jimela M
Seller's Agent
Sue Kim
Rite Properties
Buyer's Agent
Jimela Bewley
Allure Homes
List Price
$939,000
Sold Price
$900,000
Premium/Discount to List
-$39,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$720,000
Interest Rate
6.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2011
Sold by
Gilstrap Samuel D and Gilstrap Kelli M
Bought by
Kim Scott and Kim Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Myers Mary Elizabeth
Bought by
Gilstrap Samuel D and Gilstrap Kelli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
5.72%
Mortgage Type
Construction
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
Marchetti Joseph A -- None Available
Marchetti Joseph A $1,475,000 Fidelity National Title Co
Bewley Clayton M $900,000 Fidelity National Title Co
Kim Scott $700,000 Lawyers Title
Gilstrap Samuel D $135,000 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchetti Joseph A $725,000
Previous Owner Bewley Clayton M $1,040,000
Previous Owner Bewley Clayton M $720,000
Previous Owner Kim Scott $534,500
Previous Owner Kim Scott $560,000
Previous Owner Gilstrap Samuel D $650,000
Previous Owner Gilstrap Samuel D $462,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $900,000 -4.2% $224 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $939,000 -- $234 / 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 $16,192 $1,565,281 $557,134 $1,008,147
2024 $16,006 $1,534,590 $546,210 $988,380
2023 $16,006 $1,504,500 $535,500 $969,000
2022 $15,764 $1,475,000 $525,000 $950,000
2021 $10,217 $946,060 $236,515 $709,545
2020 $10,100 $936,360 $234,090 $702,270
2019 $10,025 $918,000 $229,500 $688,500
2018 $8,570 $772,731 $220,780 $551,951
2017 $8,428 $757,580 $216,451 $541,129
2016 $7,962 $742,726 $212,207 $530,519
2015 $7,896 $731,571 $209,020 $522,551
2014 $7,609 $717,241 $204,926 $512,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP17244749

California Regional Multiple Listing Service (CRMLS)

APN: 007-254-051