NOT LISTED FOR SALE

770 Monarch Ln Nipomo, CA 93444

Nipomo Neighborhood

Estimated Value: $796,000 - $921,950

3 Beds
2 Baths
1,666 Sq Ft
$524/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $710,000 $426 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,450/month

14 Days on Market

About This Home

As of December 2021

Meander 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.

Last Agent to Sell the Property

Michelle Cook

Compass License #01451543 Listed on: 10/28/2021

Compass

Last Buyer's Agent

Non Member Agent

Non Member Office

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,587

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Home/Estate
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1986
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: CLA
  • NeighborhoodSchools High School: CLA
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Good2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 1.0

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: CLA
  • High School: CLA
  • Middle Or Junior School: CLA

Lot Info

  • Parcel #: 092-156-005
  • Zoning: Other
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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
$872,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,488
Avg. Annual Appreciation
5.87%
Original Mortgage
$510,000
Outstanding Balance
$473,741
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$398,133

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
$398,133

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
$398,133

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
Source: Public Records

Range of Values:

Collateral Analytics

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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
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

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 $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

    47 Total Sales

    Michelle Cook
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3984

Santa Barbara Multiple Listing Service

APN: 092-156-005

California San Luis Obispo County Nipomo 93444 Nipomo

770 Monarch Ln, Nipomo, CA

This home is located at 770 Monarch Ln, Nipomo, CA 93444 since 28 October 2021 and is currently estimated at $872,488, approximately $523 per square foot. This property was built in 1986. 770 Monarch Ln is a home located in San Luis Obispo County with nearby schools including Dorothea Lange Elementary School, Mesa Middle School, and Nipomo High School.

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