$300,000
SOLD MAR 13, 2014
6.33 Acres
$47,393 Price per Acre
275,735 Sq Ft Lot

Recently Sold

9% Below List Price

570 Days on Market

Highlights

  • 6.33 Acre Lot
  • No HOA
  • Up Slope from Street
  • View of Hills

About This Lot

As of February 2015

The Romance of Old Alta California A quality 6.33 acre property in Margarita Farms between Santa Barbara Road and Garden Farms, carved out of what is said to be part of the Old Santa Margarita Ranch. Margarita Farms is a top-of-the-line subdivision neighboring Santa Margarita Ranch & was originally subdivided from the Ranch. What you have here is one of the finest lots available in a prestigious area with quality, upscale homes. Building footprint is on a gentle incline providing views in every direction--all the way to the Asistencia at the Ranch Headquarters. Easy access to Highway 101 or El Camino and 13 miles to SLO. Health reasons have caused local owners to change their plans to build, opening the door for a real opportunity. To make it an even better prospect, seller may be willing to carry a first trust deed. Building envelope in photo is an approximation.Documents on file. Look for a large yellow sign on the land & call your agent. Owner may consider carrying

Last Agent to Sell the Property

Alex Gough

Adobe Realty License #00709089 Listed on: 05/19/2012

Last Buyer's Agent

David Crabtree

Home & Ranch Sotheby's Intl License #01092187

Home & Ranch Sotheby's Intl

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,614

Lot Details

  • 6.33 Acre Lot
  • Property is zoned RS

Parking

  • Up Slope from Street

Additional Features

  • Views of Hills
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070112008

Property Details

Property Type

Land

Est. Annual Taxes

$8,614

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Single Family.
  • Zoning: RS
  • Property Type: Land
  • Parcel Number: 070112008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.09

Exterior Features

  • View: Hills

Utilities

  • Water Source: Shared Well
  • Water Well: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 275735.00
  • Lot Size Acres: 6.3300

Multi Family

  • Lot Size Area: 275735.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jan 27, 2015
Sold by
Battaglia Joseph C
Bought by
Mrakovcich Michael D
Seller's Agent
David Crabtree
Home & Ranch Sotheby's Intl
Buyer's Agent
Wayne Lewis
RE/MAX Success
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$667,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,998
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Dec 9, 2013
Sold by
Findley Sidney B and Findley Virginia L
Bought by
Battaglia Joseph C
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 Type Sale Price Title Company
Grant Deed $350,000 Fidelity National Title Co
Grant Deed $300,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2015 02/18/15 Sold $350,000 0.0% --
01/16/2015 01/16/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $350,000 +16.7% --
03/13/2014 03/13/14 Sold $300,000 -8.8% --
12/10/2013 12/10/13 Pending -- -- --
05/19/2012 05/19/12 For Sale $329,000 -- --
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
2025 $8,614 $783,441 $420,641 $362,800
2024 $7,099 $775,194 $412,394 $362,800
2023 $7,099 $626,608 $404,308 $222,300
2022 $5,088 $445,781 $396,381 $49,400
2021 $4,435 $388,609 $388,609 $0
2020 $4,390 $384,625 $384,625 $0
2019 $4,304 $377,084 $377,084 $0
2018 $4,219 $369,691 $369,691 $0
2017 $4,137 $362,443 $362,443 $0
2016 $4,055 $355,337 $355,337 $0
2015 $3,491 $305,994 $305,994 $0
2014 $3,030 $285,000 $285,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SL186657

California Regional Multiple Listing Service (CRMLS)

APN: 070-112-008