NOT LISTED FOR SALE

579 Camino Mercado Unit 422 Arroyo Grande, CA 93420

Estimated Value: $558,339 - $576,000

2 Beds
2 Baths
968 Sq Ft
$275/mo HOA Fee

Last Sold May 19, 2022

Last sale price $490,000 $506 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,791/month

4 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Resident Manager or Management On Site
  • City Lights View
  • Main Floor Primary Bedroom
  • 2-minute walk to Oceano Dunes

About This Home

As of May 2022

Beautiful and well maintained 2 bedroom 2 bath single level unit in a wonderful 55 or older community with peek a boo ocean views. This immaculate unit has a gas fireplace in the living room, indoor laundry with a stackable washer/dryer and newer appliances. This is a 55 and older community that is well maintained and very quiet. Each unit has a designated parking space in the carport and extra storage. There are no units above or below this home. Conveniently located near shopping, restaurants, parks and hiking trails. Don't miss this opportunity. *Information reliable but not verified.

Last Agent to Sell the Property

Andrea Soderin

Richardson Sotheby's International Realty License #01774160 Listed on: 04/18/2022

Richardson Sotheby's International Realty

Co-Listed By

Bryn Britton

Richardson Sotheby's International Realty License #01884329

Last Buyer's Agent

Andrew Romero

eXp Realty of California, Inc. License #01994364

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls

HOA Fees

  • $275 Monthly HOA Fees

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 968 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2616
  • Assessor Parcel Number 007776030

Community Details

Overview

  • Senior Community
  • 60 Units
  • Ocean Oaks Association, Phone Number (805) 602-9103
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,379

Year Built

Built in 2007

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer/Dryer
  • Property Attached: Yes
  • View: Yes
  • Zoning: PD
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 007776030
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 968.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 506.20
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Maintenance Grounds, Trash, Management
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Oaks
  • Phone: 805-602-9103
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Ocean Oaks

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

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1050.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 16, 2022
Sold by
Eprem Family Trust
Bought by
Kuzmitski Janet Lynn
Seller's Agent
Andrea Soderin
Richardson Sotheby's International Realty
Buyer's Agent
Andrew Romero
eXp Realty of California, Inc.
List Price
$455,000
Sold Price
$490,000
Premium/Discount to List
$35,000
7.69%
Current Estimated Value
$567,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,335
Avg. Annual Appreciation
4.55%
Original Mortgage
$190,000
Outstanding Balance
$181,847
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$385,701

Purchase Details

Closed on
Dec 13, 2016
Sold by
Eprem Mitra and Eprem Charlie
Bought by
Eprem Mitra and Eprem Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2016
Sold by
Eprem Mitra and Eprem Charlie
Bought by
Eprem Mitra and Eprem Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2014
Closed on
May 13, 2014
Sold by
Marks Kevin W
Bought by
Eprem Family Trust
Seller's Agent
Sheila Hardy
Century 21 Hometown Realty
Buyer's Agent
Charbett Gray
Keller Williams Realty-Central
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$235,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2010
Sold by
Ocean Oaks Llc
Bought by
Marks Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
4.43%
Mortgage Type
New Conventional
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
Kuzmitski Janet Lynn $490,000 First American Title
Eprem Mitra -- Title 365
Eprem Mitra -- Title 365
Eprem Family Trust $335,000 Fidelity National Title Co
Marks Kevin W $315,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuzmitski Janet Lynn $190,000
Previous Owner Eprem Mitra $205,000
Previous Owner Eprem Mitra $218,000
Previous Owner Eprem Mitra $223,600
Previous Owner Eprem Family Trust $235,000
Previous Owner Marks Kevin W $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $490,000 +7.7% $506 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $455,000 +35.8% $470 / Sq Ft
06/20/2014 06/20/14 Sold $335,000 -- $346 / 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 $5,379 $519,991 $291,832 $228,159
2024 $5,317 $509,796 $286,110 $223,686
2023 $5,317 $499,800 $280,500 $219,300
2022 $4,136 $386,968 $184,819 $202,149
2021 $4,128 $379,382 $181,196 $198,186
2020 $4,081 $375,493 $179,339 $196,154
2019 $4,051 $368,131 $175,823 $192,308
2018 $4,003 $360,914 $172,376 $188,538
2017 $3,936 $353,839 $168,997 $184,842
2016 $3,719 $346,902 $165,684 $181,218
2015 $3,688 $341,692 $163,196 $178,496
2014 $3,493 $329,213 $188,122 $141,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22077815

California Regional Multiple Listing Service (CRMLS)

APN: 007-776-030