770 Monarch Ln Nipomo, CA 93444
Nipomo NeighborhoodEstimated Value: $793,000 - $925,000
3
Beds
2
Baths
1,666
Sq Ft
$523/Sq Ft
Est. Value
About This Home
As of December 2021Meander through the back roads of Nipomo and you will find many charming streets and neighborhoods, including sweet Monarch Lane. Nestled proudly at the end of this charming cul de sac, you will find 770 Monarch, commanding a full acre of land and offering so much potential. The home is a 3 bedroom, 2 bath manufactured home resting on a permanent foundation, bringing plenty of natural lighting and a spacious feel. The exposed beams in the living room compliment the stone fireplace in the corner, a welcome entry to all visitors. The open kitchen and dining room spill into the living room and invite you to sit and visit for a while.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,587
Year Built
- Built in 1986
Lot Details
- 1 Acre Lot
- Property is in good condition
Home Design
- 1,666 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Cla Elementary And Middle School
- Cla High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 092-156-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Dec 6, 2021
Sold by
Panaro Vicki L
Bought by
Panaro David J
Seller's Agent
Michelle Cook
Compass
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$699,999
Sold Price
$710,000
Premium/Discount to List
$10,001
1.43%
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,874
Avg. Annual Appreciation
5.73%
Original Mortgage
$510,000
Outstanding Balance
$473,741
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$386,870
Purchase Details
Listed on
Oct 28, 2021
Closed on
Nov 9, 2021
Sold by
Panaro Vicki L
Bought by
Panaro David J
Seller's Agent
Michelle Cook
Compass
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$699,999
Sold Price
$710,000
Premium/Discount to List
$10,001
1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$473,741
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$386,870
Purchase Details
Listed on
Oct 28, 2021
Closed on
Nov 7, 2021
Sold by
Espig Living Trust and The Egpig Living Trust
Bought by
Panaro David J
Seller's Agent
Michelle Cook
Compass
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$699,999
Sold Price
$710,000
Premium/Discount to List
$10,001
1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$473,741
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$386,870
Purchase Details
Closed on
Sep 14, 2005
Sold by
Espig Manfred A and Espig Claire Scott
Bought by
Espig Manfred A and Espig Claire Scott
Purchase Details
Closed on
Sep 7, 1999
Sold by
Scott Elwood R
Bought by
Scott Elwood R and Espig Manfred A
Purchase Details
Closed on
Jul 16, 1996
Sold by
Scott Elwood R and Espig Manfred A
Bought by
Scott Elwood R and Espig Manfred A
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
Similar Homes in Nipomo, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Panaro David J | -- | First American Title | |
| Panaro David J | -- | First American Title Company | |
| Panaro David J | $710,000 | First American Title | |
| Espig Manfred A | -- | -- | |
| Scott Elwood R | -- | -- | |
| Scott Elwood R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panaro David J | $510,000 | |
| Closed | Panaro David J | $510,000 | |
| Closed | Panaro David J | $510,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2021 12/07/21 | Sold | $710,000 | +1.4% | $426 / Sq Ft |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $699,999 | -- | $420 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $7,587 | $738,684 | $390,150 | $348,534 |
| 2023 | $7,587 | $724,200 | $382,500 | $341,700 |
| 2022 | $7,546 | $710,000 | $375,000 | $335,000 |
| 2021 | $3,200 | $295,757 | $182,297 | $113,460 |
| 2020 | $3,164 | $292,725 | $180,428 | $112,297 |
| 2019 | $3,144 | $286,987 | $176,891 | $110,096 |
| 2018 | $3,107 | $281,361 | $173,423 | $107,938 |
| 2017 | $3,049 | $275,845 | $170,023 | $105,822 |
| 2016 | $2,875 | $270,438 | $166,690 | $103,748 |
| 2015 | $2,834 | $266,377 | $164,187 | $102,190 |
| 2014 | -- | $261,160 | $160,971 | $100,189 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Cook
Seller's Agent in 2021
Michelle Cook
Compass
(805) 570-3183
1 in this area
48 Total Sales
-
N
Buyer's Agent in 2021
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-3984
APN: 092-156-005
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