NOT LISTED FOR SALE

579 Camino Mercado Unit 111 Arroyo Grande, CA 93420

Estimated Value: $514,000 - $561,000

2 Beds
2 Baths
960 Sq Ft
$300/mo HOA Fee

Last Sold May 30, 2023

Last sale price $480,000 $500 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,379/month

105 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Outdoor Cooking Area
  • View of Hills
  • End Unit
  • 2-minute walk to Oceano Dunes

About This Home

As of May 2023

Enjoy single level living in this immaculate 2 bedroom 2 bath home in the 55 plus community of Ocean Oaks. This end unit features a cozy patio on one side and your private covered carport on the other side. No neighbors on either side makes this a very quiet unit. Inside, the home has a spacious living room, breakfast nook and kitchen that features a center island. There is a gas fireplace and an indoor laundry closet. All appliances will be included. The home also includes a large outdoor storage closet. Ocean Oaks is close to shopping, restaurants, and quick access to Highway 101, making it a great central location to explore the Central Coast beaches, hiking trails and winerys. The low HOA of $300 covers exterior maintenance, trash, common areas and includes the use of a wonderful clubhouse. This home can be purchased by an investor of any age and used as a rental. Only the qualified occupant/tenant must be over age 55.

Last Agent to Sell the Property

Marc Canigiula

Keller Williams Realty Central Coast License #01358405 Listed on: 01/10/2023

Keller Williams Realty Central Coast

Last Buyer's Agent

Marc Canigiula

Keller Williams Realty Central Coast License #01358405 Listed on: 01/10/2023

Keller Williams Realty Central Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Views of Hills
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Parking

  • Parking Available
  • Covered Parking

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessibility Features

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2616
  • Assessor Parcel Number 007776002

Community Details

Overview

  • Senior Community
  • 60 Units
  • Ocean Oaks Association, Phone Number (805) 602-9120
  • Management Trust HOA
  • East Of 101 Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,251

Year Built

Built in 2007

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: PD
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 007776002
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 960.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Vinyl
  • Accessibility Features: Customized Wheelchair Accessible, Disability Features
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 500.00
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Hills
  • Patio And Porch Features: Concrete
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Natural Gas
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Clubhouse, Maintenance Grounds, Trash, Pets Permitted
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Oaks
  • Phone: 805 602 9120
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: Management Trust

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1050.00
  • Lot Size Acres: 0.0241
  • Latitude Manual: 35.13061800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1050.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 60

Tax Info

  • Tax Census Tract: 118.00
  • Tax Lot: 1
  • Tax Tract Number: 2616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Janet Kathryn Herber Trust
Bought by
Michael And Linda E Herber Revocable Living T and Herber
Current Estimated Value
$534,730

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 17, 2023
Sold by
Tieche Richard H
Bought by
Jody Jane Hilker Seperate Property Trust
Seller's Agent
Marc Canigiula
Keller Williams Realty Central Coast
Buyer's Agent
Marc Canigiula
Keller Williams Realty Central Coast
List Price
$505,000
Sold Price
$480,000
Premium/Discount to List
-$25,000
-4.95%
Views
483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%

Purchase Details

Listed on
Aug 23, 2016
Closed on
May 23, 2017
Sold by
Gant Helen Elizabeth
Bought by
Tieche Richard H
Seller's Agent
Chazell Derrick
Windermere Central Coast
Buyer's Agent
Maalaea Quirk
Andrews Real Estate Group Inc
List Price
$290,000
Sold Price
$279,000
Premium/Discount to List
-$11,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$223,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2016
Sold by
Guillory Helen Gant
Bought by
Gant Helen Elizabeth

Purchase Details

Closed on
Jul 16, 2013
Sold by
Guillory Lindall Lee
Bought by
Guillory Helen Gant

Purchase Details

Listed on
Jul 12, 2012
Closed on
Aug 16, 2012
Sold by
Lsg Ventures Llc
Bought by
Guillory Lindall L and Guillory Helen G
Seller's Agent
Louie Gregorio
Louie Gregorio, Broker
Buyer's Agent
Sandi Frazier
Century 21 Hometown Realty Sm
List Price
$207,500
Sold Price
$207,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$155,625
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Bainbridge Terrell L
Bought by
Lsg Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2009
Sold by
Sanders Marilyn
Bought by
Bainbridge Terrell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,039
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2008
Sold by
Ocean Oaks Llc
Bought by
Sanders Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,038
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Michael And Linda E Herber Revocable Living T -- None Listed On Document
Jody Jane Hilker Seperate Property Trust $480,000 First American Title
Tieche Richard H $279,000 Placer Title Company
Gant Helen Elizabeth -- None Available
Guillory Helen Gant -- None Available
Guillory Lindall L $207,500 Fidelity National Title Co
Lsg Ventures Llc -- Natonal Title Ins Of Ny Inc
Bainbridge Terrell J $195,000 First American Title Company
Sanders Marilyn $195,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tieche Richard H $212,000
Previous Owner Tieche Richard H $223,200
Previous Owner Guillory Lindall L $155,625
Previous Owner Bainbridge Terrell L $152,039
Previous Owner Bainbridge Terry $0
Previous Owner Bainbridge Terrell J $38,200
Previous Owner Sanders Marilyn $185,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $480,000 -1.0% $500 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $485,000 -0.8% $505 / Sq Ft
03/17/2023 03/17/23 Price Changed $489,000 -1.2% $509 / Sq Ft
03/06/2023 03/06/23 Price Changed $495,000 -0.8% $516 / Sq Ft
02/02/2023 02/02/23 Price Changed $499,000 -1.2% $520 / Sq Ft
01/10/2023 01/10/23 For Sale $505,000 +81.0% $526 / Sq Ft
05/26/2017 05/26/17 Sold $279,000 0.0% $291 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/20/2017 04/20/17 Price Changed $279,000 -3.8% $291 / Sq Ft
04/12/2017 04/12/17 For Sale $290,000 -6.5% $302 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $310,000 +49.4% $323 / Sq Ft
09/14/2012 09/14/12 Sold $207,500 0.0% $216 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $207,500 -- $216 / 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 $2,251 $224,698 $125,640 $99,058
2024 $3,311 $220,293 $123,177 $97,116
2023 $3,311 $311,224 $200,791 $110,433
2022 $3,261 $305,122 $196,854 $108,268
2021 $3,255 $299,141 $192,995 $106,146
2020 $3,218 $296,075 $191,017 $105,058
2019 $3,117 $290,271 $187,272 $102,999
2018 $3,079 $284,580 $183,600 $100,980
2017 $2,371 $220,161 $148,543 $71,618
2016 $2,239 $215,845 $145,631 $70,214
2015 $2,219 $212,604 $143,444 $69,160
2014 $2,137 $208,441 $140,635 $67,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23004537

California Regional Multiple Listing Service (CRMLS)

APN: 007-776-002