NOT LISTED FOR SALE

680 Riata Ln Nipomo, CA 93444

Estimated Value: $669,787

11 Acres
$62,655 Price per Acre
465,656 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $570,000

Est. 18% increase in value since last sale

Current estimated payment $4,533/month

491 Days on Market

Highlights

  • Ocean View
  • 10.69 Acre Lot
  • Ranch Style House
  • Horse Property
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of July 2021

Equestrian Estate or Executive Retreat? You Choose! Located in the prestigious gated community of Rancho Nipomo with 44 10-acre homesites lies an undeveloped gem just over 10-acres. Lot 4 may well be the crown jewel of the development with an ideal private building site and amazing panoramic views. Most of the property is usable land and what is not, adds privacy for the homeowner. Majestic Oaks and rock formations give interest and character to the natural beauty of the property. Both water and power are already pulled to the building site with water provided by the development's mutual water company. Looking to the south, one sees the Santa Maria Valley and to the North, the blue Pacific and Avila Bay. Other views include the local mountains, wineries and farmland. If you're looking for some of the country's best weather and a relaxed lifestyle, this may be just the place! Love to golf? You're just minutes from Monarch Dunes, Cypress Ridge and Blacklake golf courses. Looking to surf or play at the beach? It's just 15 minutes to the Oceano Dunes and Pismo Beach Pier. Living here you'll feel so far from it all, yet access to the 101 freeway is just minutes away. And once on the freeway, Santa Maria is located just 11 miles to the south and San Luis Obispo is 24 miles to the north both with regional airports. Nipomo is located halfway between Los Angeles and San Francisco when you need the amenities of a larger city. Stop dreaming and start planning your dream home today!

Last Agent to Sell the Property

Barry Brown

Barry Brown Real Estate License #01398849 Listed on: 02/01/2020

Last Buyer's Agent

Barry Brown

Barry Brown Real Estate License #01398849 Listed on: 02/01/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,028

Lot Details

  • 10.69 Acre Lot
  • Property fronts a private road
  • Irregular Lot
  • Wooded Lot
  • Property is zoned RR

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Lot Has A Rolling Slope

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Woods
  • Vineyard
  • Hills
  • Valley
  • Rock

Home Design

  • Ranch Style House
  • Planned Development

Utilities

  • Propane
  • Natural Gas Not Available
  • Private Water Source
  • Shared Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 090012006

Community Details

Overview

  • Rancho Nipomo Association, Phone Number (805) 489-0864
  • B & W Management HOA

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$6,028

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Nipomo(340)
  • View: Yes
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 090012006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.22

Exterior Features

  • View: City Lights, Hills, Ocean, Panoramic, Rocks, Trees/Woods, Valley, Vineyard

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Not Available, Propane, Sewer Not Available, Water Connected
  • Sewer: None
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 290.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Nipomo
  • Phone: (805) 489-0864
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs
  • Association Management: B & W Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Lot Over 40000 Sqft, Irregular Lot, Ranch, Rocks, Rolling Slope, Treed Lot, Up Slope from Street
  • Lot Size Sq Ft: 465656.00
  • Lot Size Acres: 10.6900

Multi Family

  • Lot Size Area: 465656.0000 Square Feet

Tax Info

  • Tax Census Tract: 123.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Szekely Gabre A and Szekely Joan E
Bought by
Wikholm Richard Paul and Wikholm Elizabeth Szekely
Total Days on Market
491
Current Estimated Value
$669,787

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jun 17, 2021
Sold by
Labrecque Pierre G and Labrecque Jennifer B
Bought by
Szekely Gabriel A and Szekely Joan E
Seller's Agent
Barry Brown
Barry Brown Real Estate
Buyer's Agent
Barry Brown
Barry Brown Real Estate
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2002
Sold by
Labrecque Pierre G and St Hilaire Jennifer
Bought by
Labrecque Pierre G and Labreque Jennifer B Carr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 22, 1996
Sold by
Frankhouser George V and Frankhouser Judith P
Bought by
Labrecque Pierre G and St Hilaire Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
7.68%

Purchase Details

Closed on
Apr 15, 1995
Sold by
Renetzky John A
Bought by
Frankhouser George and Frankhouser Judith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
8.44%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wikholm Richard Paul $559,000 First American Title Company
Szekely Gabriel A $570,000 First American Title Company
Labrecque Pierre G -- United General Title Ins
Labrecque Pierre G $185,000 First American Title Ins Co
Frankhouser George $165,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szekely Gabriel A $1,200,000
Previous Owner Labrecque Pierre G $2,051,918
Previous Owner Labrecque Pierre G $520,000
Previous Owner Labrecque Pierre G $119,500
Previous Owner Labrecque Pierre G $138,750
Previous Owner Frankhouser George $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $570,000 -5.0% --
06/06/2021 06/06/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $600,000 -7.7% --
03/28/2020 03/28/20 Price Changed $650,000 -7.0% --
02/01/2020 02/01/20 For Sale $699,000 -- --
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
2024 $6,028 $581,167 $581,167 --
2023 $6,028 $569,772 $569,772 $0
2022 $5,937 $558,600 $558,600 $0
2021 $3,072 $283,912 $283,912 $0
2020 $3,037 $281,001 $281,001 $0
2019 $3,018 $275,492 $275,492 $0
2018 $2,982 $270,091 $270,091 $0
2017 $2,926 $264,796 $264,796 $0
2016 $2,760 $259,604 $259,604 $0
2015 $2,721 $255,705 $255,705 $0
2014 $2,620 $250,697 $250,697 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20026256

California Regional Multiple Listing Service (CRMLS)

APN: 090-012-006