NOT LISTED FOR SALE

763 S Traffic Way Arroyo Grande, CA 93420

Estimated Value: $1,715,937 - $2,184,000

4 Beds
4.5 Baths
3,512 Sq Ft
$533/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $1,100,000 $313 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,877/month

181 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • RV Hookup
  • Arroyo Grande High School Rated A-
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of December 2018

New Price! Two residences on .82 acres near the quaint Village of Arroyo Grande!
 
This one of a kind custom built "Farmhouse" style home boasts over 2700 sq ft of living space. An open concept floor plan with vaulted ceilings, family room, kitchen with large island featuring Corian countertops, walk-in pantry, large dining room, indoor laundry, and downstairs 2 bd/2 ba. Upstairs, you will find an amazing master retreat with en-suite bath including dual sinks, jetted tub, walk in closet, and separate private sitting room with fireplace and look out balcony! An oversized single car garage, inviting wrap around porch, water/gas/electric stubbed for potential outdoor kitchens, and 2 separate RV hookups completes some of the features of this main home.
 
The separate 1 bd/1.5 ba, 791 sq ft. guest unit sits above an oversized 3 car garage. Includes family room, nook, kitchen with Quartz countertops, and an enclosed storage area. A custom barn door separates the recently updated bath and bedroom from the kitchen and living area. Additional half bath located downstairs in the garage. Guest home has separate entrance, shed, and upstairs TREX decking patio.
 
This property is a must see. Park-like landscaping under a canopy of gorgeous Oak trees, automatic irrigation, and views of acres of rolling hills/pastures/ocean. Located in the Branch School district and within city limits.  Buyer to verify all information.

Last Agent to Sell the Property

Jessica Cote

Keller Williams Realty Central Coast License #01944279 Listed on: 03/22/2018

Keller Williams Realty Central Coast

Co-Listed By

Aaron Cote

Keller Williams Realty Central Coast License #01944275

Last Buyer's Agent

Dianna Vonderheide

Nest Central Coast License #01475327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,620

Year Built

  • Built in 2000

Lot Details

  • 0.82 Acre Lot
  • Rural Setting
  • Wire Fence
  • Property is zoned RR

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Driveway
  • Gated Parking
  • RV Hookup

Property Views

  • Ocean
  • Peek-A-Boo
  • Pasture
  • Hills

Home Design

  • Custom Home
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • Skylights
  • Double Pane Windows
  • Awning
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Dishwasher
  • Kitchen Island
  • Corian Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry

Outdoor Features

  • Balcony
  • Wood Patio
  • Shed
  • Rain Gutters
  • Wrap Around Porch

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating System
  • Water Softener

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 007631027

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,620

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Some potted plants.
  • Property Attached: No
  • Security: 24 Hour Security, Fire Sprinkler System
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: RR
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007631027
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3512.00 Square Feet
  • Interior Amenities: Balcony, Corian Counters, Pantry, Vacuum Central, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 313.21
  • Room Type: Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Guest House Detached, Shed(s)
  • Exterior Features: Awning(s), Rain Gutters
  • View: Hills, Ocean, Pasture, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wire
  • Patio And Porch Features: Wood, Wrap Around
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Cement Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Asphalt, Concrete, Gated, RV Hook-Ups
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Water Softener
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 35719.00
  • Lot Size Acres: 0.8200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 35719.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Butler John E and Kawamura Lisa M
Bought by
Butler John E and Kawamura Lisa M
Current Estimated Value
$1,873,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$611,194
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,262,118

Purchase Details

Closed on
Sep 14, 2019
Sold by
Butler John E and Kawamura Lisa M
Bought by
Butler John E and Kawamura Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,525
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2018
Closed on
Nov 7, 2018
Sold by
Alexander Michael and Alexander Janet K
Bought by
Butler John E and Kawamura Lisa M
Seller's Agent
Jessica Cote
Keller Williams Realty Central Coast
Buyer's Agent
Dianna Vonderheide
Nest Central Coast
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$230,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2014
Sold by
Pineo Kenneth D and Pineo Donna J
Bought by
The Alexander Family Trust

Purchase Details

Closed on
Jun 11, 2003
Sold by
Pineo Kenneth D and Pineo Donna J
Bought by
Pineo Kenneth D and Pineo Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2001
Sold by
Pineo Kenneth D and Pineo Donna J
Bought by
Pineo Kenneth D and Pineo Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2001
Sold by
Pineo Kenneth D and Pineo Donna J
Bought by
Pineo Kenneth D and Pineo Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2000
Sold by
Pineo Kenneth D and Pineo Donna J
Bought by
Pineo Kenneth D and Pineo Donna J

Purchase Details

Closed on
Dec 13, 1996
Sold by
Bench Donald R and Bench Della M
Bought by
Pineo Kenneth D and Pineo Donna J

Purchase Details

Closed on
Sep 19, 1996
Sold by
Bench Donald R and Bench Della M
Bought by
Bench Donald R and Bench Della M
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
Butler John E -- Fidelity National Title Co
Butler John E -- North American Title Concord
Butler John E $1,100,000 Fidelity National Title Ins
The Alexander Family Trust $985,000 Fidelity National Title Co
Pineo Kenneth D -- Cuesta Title Company
Pineo Kenneth D -- Cuesta Title Company
Pineo Kenneth D -- Fidelity National Title Co
Pineo Kenneth D -- Fidelity National Title Co
Pineo Kenneth D -- --
Pineo Kenneth D $98,000 Fidelity National Title Co
Bench Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler John E $690,000
Closed Butler John E $726,525
Closed Butler John E $230,000
Previous Owner Pineo Kenneth D $340,000
Previous Owner Pineo Kenneth D $269,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2018 12/05/18 Sold $1,100,000 -8.3% $313 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
07/01/2018 07/01/18 Price Changed $1,199,000 -6.0% $341 / Sq Ft
05/21/2018 05/21/18 Price Changed $1,275,000 -1.8% $363 / Sq Ft
03/22/2018 03/22/18 For Sale $1,299,000 -- $370 / 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 $12,620 $1,227,066 $501,981 $725,085
2024 $12,473 $1,203,007 $492,139 $710,868
2023 $12,473 $1,179,420 $482,490 $696,930
2022 $12,283 $1,156,295 $473,030 $683,265
2021 $12,334 $1,133,623 $463,755 $669,868
2020 $12,193 $1,122,000 $459,000 $663,000
2019 $12,105 $1,100,000 $450,000 $650,000
2018 $11,461 $1,040,420 $422,506 $617,914
2017 $11,270 $1,020,021 $414,222 $605,799
2016 $10,645 $1,000,021 $406,100 $593,921
2015 $10,556 $985,000 $400,000 $585,000
2014 $4,474 $421,695 $142,731 $278,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18057637

California Regional Multiple Listing Service (CRMLS)

APN: 007-631-027