NOT LISTED FOR SALE

656 Matthew Way Arroyo Grande, CA 93420

Estimated Value: $1,484,000 - $1,592,000

3 Beds
2.5 Baths
2,586 Sq Ft
$596/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $1,290,000 $499 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,400/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Open Floorplan
  • Ocean View Elementary School Rated A-
  • 0.4 Acre Lot
  • Cathedral Ceiling

About This Home

As of September 2023

Discover the epitome of luxury and natural beauty in this exquisite 3 bedroom, 3 bath residence nestled in the prestigious La Jolla de Rancho area. With an idyllic setting that backs to open space adorned with majestic oak trees and a seasonal creek, this home offers a harmonious blend of sophistication and serenity. Immerse yourself in the tranquil surroundings on the dramatic deck that overlooks the open space. A staircase leads to a second patio area on the lower level, creating the perfect setting for relaxation and appreciating the local flora and fauna. The heart of the home is an open concept kitchen, eating area and family room. Gather around the dramatic fireplace in the family room as you create lasting memories with loved ones. The kitchen features modern amenities and is designed for both culinary enthusiasts and entertainers. For special occasions there is a spacious formal living room and dining room offering an elegant setting for hosting guests and creating cherished moments. A large basement storage area provides the ideal solution for all your storage needs and the 3-car garage has had one bay transformed into an elegant home office, perfect for remote work, creative pursuits or a quiet retreat. The home’s location offers not only privacy and tranquility but also convenient access to the best of the Central Coast – shopping, dining, wineries and outdoor recreational opportunities. This home is a sanctuary for those seeking a harmonious blend of elegant living and natural beauty. With its thoughtful design, serene surroundings and versatile spaces, it’s a place to create memories that will last a lifetime. Contact your agent to arrange a private tour of this extraordinary property.

Last Agent to Sell the Property

Linda Butler

Linda Butler License #00597458 Listed on: 08/31/2023

Linda Butler

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,981

Year Built

  • Built in 2000

Lot Details

  • 0.4 Acre Lot
  • Gentle Sloping Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Concrete Roof

Interior Spaces

  • 2,586 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Terrace

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 007893020

Community Details

Overview

  • Las Jollas De Rancho Association, Phone Number (805) 461-0888
  • Academe Re & Property Management HOA
  • East Of 101 Subdivision
  • Maintained Community

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,981

Year Built

Built in 2000

Lot Details

0

HOA Fees

$86 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, water softener, washer, dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007893020
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2586.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 498.84
  • Room Type: All Bedrooms Down, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Trees/Woods
  • Patio And Porch Features: Patio, Terrace
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 86.00
  • Association Fee Frequency: Monthly
  • Association Name: Las Jollas de Rancho
  • Phone: 805-461-0888
  • Senior Community: No
  • Community Features: Biking, Hiking, Park, Sidewalks
  • Association Management: Academe RE & Property Management

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Gentle Sloping, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 17269.00
  • Lot Size Acres: 0.3964
  • Latitude Manual: 35.13826700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17269.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Oct 3, 2013
Sold by
Martin Steven D and Martin Martha A
Bought by
Stout Louis E and Stout Phyllis B
Seller's Agent
Jerry McLaughlin
Irish Hills Realty Inc
Buyer's Agent
Linda Humphrey
Century 21 Hometown Realty, San Luis Obispo Office
List Price
$826,000
Sold Price
$826,000
Current Estimated Value
$1,541,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,506
Avg. Annual Appreciation
5.37%
Original Mortgage
$417,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2009
Sold by
Martin Steven D and Martin Martha A
Bought by
Martin Steven D and Martin Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
Iwan E Irene
Bought by
Martin Steven and Martin Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2003
Sold by
Iwan James A
Bought by
Iwan E Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Chesnutt Alan K and Chesnutt Elaine R
Bought by
Iwan James A and Iwan Irene Iwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
3.95%

Purchase Details

Closed on
Mar 5, 1999
Sold by
Ottse Inc
Bought by
Chesnutt Alan K and Chesnutt Elaine R
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
Stout Louis E $826,000 Fidelity National Title Co
Martin Steven D -- First American Title Company
Martin Steven $940,000 Fidelity National Title Co
Iwan E Irene -- Fidelity Title Company
Iwan James A $459,000 Fidelity National Title Co
Chesnutt Alan K -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Louis E $417,000
Previous Owner Martin Steven D $155,000
Previous Owner Martin Steven $150,000
Previous Owner Iwan E Irene $464,000
Previous Owner Iwan James A $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $1,290,000 -2.6% $499 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $1,325,000 +60.4% $512 / Sq Ft
11/20/2013 11/20/13 Sold $826,000 0.0% $319 / Sq Ft View Prior Sale
09/26/2013 09/26/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $826,000 -- $319 / 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 $13,981 $1,351,500 $714,000 $637,500
2024 $10,280 $1,325,000 $700,000 $625,000
2023 $10,280 $973,237 $412,388 $560,849
2022 $10,123 $954,154 $404,302 $549,852
2021 $10,102 $935,446 $396,375 $539,071
2020 $9,986 $925,855 $392,311 $533,544
2019 $9,912 $907,702 $384,619 $523,083
2018 $9,792 $889,905 $377,078 $512,827
2017 $9,628 $872,457 $369,685 $502,772
2016 $9,094 $855,351 $362,437 $492,914
2015 $9,018 $842,503 $356,993 $485,510
2014 $6,928 $660,000 $350,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23145793

California Regional Multiple Listing Service (CRMLS)

APN: 007-893-020