NOT LISTED FOR SALE

721 Mustang Cir Arroyo Grande, CA 93420

Estimated Value: $1,594,000 - $1,788,175

4 Beds
4 Baths
3,527 Sq Ft
$483/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $980,000 $278 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $10,005/month

9 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Wood Flooring
  • Ocean View Elementary School Rated A-
  • 47,916 Sq Ft lot
  • Main Floor Primary Bedroom

About This Home

As of May 2017

Privacy and Views In This Sought After Arroyo Grande Neighborhood. Off of Equestrian Way, this single level executive home is on over an acre in the city limits of Arroyo Grande with panoramic views, including a peak of the ocean. You can spread out in a total of over 3500 square feet in 4 bedrooms, 3 baths, formal living and dining rooms and a family room, plus a separate attached area used as a large office and separate workshop with additional bath. The grounds have easy maintenance landscaping and there is an attached oversized 3 car garage. Perfect for retirement or family living, you must see this special place to call home, listed at $999,000.

Last Agent to Sell the Property

Melissa Watkins

Big Block Realty License #01035156 Listed on: 03/01/2017

Co-Listed By

Crystal Watkins Howard

LPT Realty, Inc. License #01463789

Last Buyer's Agent

Lindsey Harn

Christie's International Real Estate Sereno License #01868098

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,692

Year Built

  • Built in 1988

Lot Details

  • 1.1 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Sprinkler System

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Hills

Home Design

  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,527 Sq Ft Home
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Heated Spa
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Grill

Utilities

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

Community Details

  • Oak Park Estates Association

Listing and Financial Details

  • Assessor Parcel Number 007852011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,692

Year Built

Built in 1988

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007852011
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3527.00
  • Interior Amenities: Pantry
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 277.86
  • Room Type: Family Room, Bonus Room, Den, Main Floor Master Bedroom, Office
  • Spa Features: Heated
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Workshop, Shed(s)
  • View: Panoramic, Trees/Woods, Ocean, Hills
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Covered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Phone Connected, Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Microwave, Double Oven, Gas Cooking, Dishwasher, Disposal, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside, Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • Association Name: Oak Park Estates
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Paved, Sloped Down, Sprinkler System, Cul-De-Sac, Corner Lot
  • Lot Size Sq Ft: 47916.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Fahnoe Eric Dimes and Fahnoe Michelle
Bought by
Fahnoe Family Trust and Fahnoe
Current Estimated Value
$1,704,294

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 24, 2017
Sold by
Anderson Gail A and Anderson Katherine E
Bought by
Fahnoe Eric Dimes and Fahnoe Michelle
Seller's Agent
Melissa Watkins
Big Block Realty
Buyer's Agent
Lindsey Harn
Christie's International Real Estate Sereno
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$784,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Anderson Gail Arlyn and Anderson Katherine Elizabeth
Bought by
Anderson Gail A and Anderson Katherine E
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
Fahnoe Family Trust -- None Listed On Document
Fahnoe Eric Dimes $980,000 Fidelity National Title Co
Anderson Gail A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahnoe Eric Dimes $784,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $980,000 -1.9% $278 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $999,000 -- $283 / 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 $11,692 $1,137,367 $667,333 $470,034
2024 $11,556 $1,115,067 $654,249 $460,818
2023 $11,556 $1,093,204 $641,421 $451,783
2022 $11,380 $1,071,770 $628,845 $442,925
2021 $11,356 $1,050,756 $616,515 $434,241
2020 $11,226 $1,039,983 $610,194 $429,789
2019 $11,143 $1,019,592 $598,230 $421,362
2018 $11,009 $999,600 $586,500 $413,100
2017 $4,206 $385,055 $144,654 $240,401
2016 $3,972 $377,506 $141,818 $235,688
2015 $3,938 $371,836 $139,688 $232,148
2014 $3,793 $364,553 $136,952 $227,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1075624

California Regional Multiple Listing Service (CRMLS)

APN: 007-852-011