NOT LISTED FOR SALE

625 Mission Springs Rd Arroyo Grande, CA 93420

Estimated Value: $2,427,000 - $3,176,331

1.87 Acres
$1,498,177 Price per Acre
81,457 Sq Ft Lot

Last Sold September 29, 2017

Last sale price $425,000

Est. 559% increase in value since last sale

Current estimated payment $17,231/month

138 Days on Market

About This Lot

As of September 2017

Lot 2 at Monte Sereno. A premier gated community in the Arroyo Grande wine country. This is a level lot near the top of the hill with spectacular valley and mountain views and is ready for you to come build your dream home! The building envelope is perfectly located with an amazing grove of oaks at the back of the lot. Electricity, water and telephone are in vaults inside the curb. Gas service on site will be propane and waste will be septic, both of which to be installed by the buyer. Without a doubt, the best parcel in the area!

Last Agent to Sell the Property

Jeff Gibbs

Keller Williams Realty Central Coast License #01312791 Listed on: 04/27/2017

Keller Williams Realty Central Coast

Last Buyer's Agent

Kelli Shetler

Richardson Sotheby's International Realty License #01208534

Richardson Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,945

Lot Details

  • 1.87 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Density is up to 1 Unit/Acre
  • Property is zoned RL

Property Views

  • Vineyard
  • Orchard Views
  • Mountain
  • Valley

Utilities

  • Private Water Source
  • Shared Well
  • Sewer Not Available
  • Phone Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047082002

Property Details

Property Type

Land

Est. Annual Taxes

$23,945

Lot Details

0

Listing Details

  • Other Phone Description: 8055409745
  • Other Phone Number: 8055409745
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RL
  • Property Type: Land
  • Parcel Number: 047082002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.22

Exterior Features

  • View: Mountain(s), Orchard, Valley, Vineyard

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available
  • Sewer: None
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Curbs, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 81457.00

Tax Info

  • Tax Census Tract: 123.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2019
Sold by
Kinkade Howard C and Kinkade Michele M
Bought by
Kinkade Howard and Kinkade Michele
Current Estimated Value
$2,801,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,100
Outstanding Balance
$1,115,834
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,756,793

Purchase Details

Listed on
Apr 27, 2017
Closed on
Sep 15, 2017
Sold by
Marincovich Mark and Marincovich Leah
Bought by
Kinkade Howard C and Kinkade Michele M
Seller's Agent
Jeff Gibbs
Keller Williams Realty Central Coast
Buyer's Agent
Kelli Shetler
Richardson Sotheby's International Realty
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%

Purchase Details

Listed on
Jan 24, 2016
Closed on
Apr 8, 2016
Sold by
Mi Monte Sereno Llc
Bought by
The Mark & Leah Jane Marincovich Revocab
Seller's Agent
Jeff Gibbs
Keller Williams Realty Central Coast
Buyer's Agent
Jeff Gibbs
Keller Williams Realty Central Coast
List Price
$475,000
Sold Price
$407,000
Premium/Discount to List
-$68,000
-14.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Feb 14, 2014
Sold by
Mi Monte Sereno Llc
Bought by
Mi Monte Sereno Llc

Purchase Details

Closed on
Mar 11, 2013
Sold by
Nwk1 Inc
Bought by
Mi Monte Sereno Llc

Purchase Details

Closed on
Sep 20, 2010
Sold by
Bdc Las Ventanas Llc
Bought by
Nwk1 Inc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bdc Las Ventanas Llc
Bought by
Nwk1 Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kinkade Howard -- First American Title Company
Kinkade Howard C $425,500 First American Title Company
The Mark & Leah Jane Marincovich Revocab $407,000 First American Title Company
Mi Monte Sereno Llc -- First American Title
Mi Monte Sereno Llc $2,800,000 First American Title Company
Nwk1 Inc $2,248,179 First American Title Ins Co
Nwk1 Inc $2,248,179 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinkade Howard $1,250,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $425,000 +1.4% --
09/12/2017 09/12/17 Pending -- -- --
08/24/2017 08/24/17 Price Changed $419,000 -15.4% --
04/27/2017 04/27/17 For Sale $495,000 +21.6% --
04/29/2016 04/29/16 Sold $407,000 -14.3% --
01/24/2016 01/24/16 Pending -- -- --
01/24/2016 01/24/16 For Sale $475,000 -- --
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 $23,945 $2,314,727 $590,264 $1,724,463
2024 $23,670 $2,269,341 $578,691 $1,690,650
2023 $23,670 $2,224,845 $567,345 $1,657,500
2022 $23,312 $2,181,221 $556,221 $1,625,000
2021 $7,001 $643,476 $447,276 $196,200
2020 $4,811 $442,690 $442,690 $0
2019 $4,776 $434,010 $434,010 $0
2018 $4,719 $425,500 $425,500 $0
2017 $4,618 $415,140 $415,140 $0
2016 $2,402 $224,049 $224,049 $0
2015 $2,370 $220,684 $220,684 $0
2014 $2,282 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP17091415

California Regional Multiple Listing Service (CRMLS)

APN: 047-082-002