NOT LISTED FOR SALE

975 Sylvan Ridge Rd Arroyo Grande, CA 93420

Estimated Value: $1,820,645 - $2,509,000

5 Beds
5 Baths
3,360 Sq Ft
$616/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $1,050,000 $312 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $12,365/month

246 Days on Market

Highlights

  • Horse Property
  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Arroyo Grande High School Rated A-
  • View of Hills
  • No HOA

About This Home

As of March 2016

Elegant & Rustic Santa Fe style Homes, there are 2-Homes on this property. Property consists of 2.68 acres with Horse Facilities. The Main House is 2400 sq. ft. with a Formal Living Room, Fireplace, Dining Room and Open Kitchen. The Great Room which is wonderful for Entertaining lends itself to Family Gatherings. Home includes a Spacious Master Suite and Master Suite Bathroom Quarters(with all the extras). This Home has Saltillo Tile Floors, Hickory Cabinets, Granite Counters, Commercial Grade Gas Stove with 5 Burners and a Large Griddle to cook for the Family. This home comes with a Luxurious 3 Car Garage and 2 Pastures for the Horses to Roam Freely. Secondary home has just under approx. 1,000 sq. ft. with 2 Bedrooms and 2 Baths, Bamboo Flooring, Concrete Countertops & Hickory Cabinets with a 2 Car Garage. 2nd Home is Properly Positioned So that it does not Interfere with The Primary Home. This Rare Find in this Exclusive Sylvan Ridge Estates Allows Horses on Acre Plus Properties.

Last Agent to Sell the Property

Marty Jacobson

Peter Starlings Real Estate License #01014551 Listed on: 01/03/2016

Last Buyer's Agent

Shawn Vegezzi

Vegezzi Realty License #01705860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,081

Year Built

  • Built in 2004

Lot Details

  • 2.68 Acre Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned R,SFR,RMF

Parking

  • 5 Car Attached Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 3,360 Sq Ft Home
  • Wet Bar
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Den
  • Views of Hills
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Outdoor Features

  • Horse Property
  • Shed

Utilities

  • Forced Air Heating System
  • Shared Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 004255034

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,081

Year Built

Built in 2004

Lot Details

0

Parking

5

Listing Details

  • View: Yes
  • Zoning: R,SFR,RMF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 004255034
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Living Area: 3360.00
  • Interior Amenities: Wet Bar
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Levels: One
  • Price Per Square Foot: 312.50
  • Room Type: Den, Family Room, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Hills
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Covered, RV Access/Parking
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Shared Well
  • Well Gallons Per Minute: 26.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Horse Property, Paved, Sprinkler System
  • Lot Size Sq Ft: 116741.00
  • Lot Size Acres: 2.6800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2016
Closed on
Feb 1, 2016
Sold by
Cosgrove Mark D and Cosgrove Kathleen P
Bought by
Christian Scott N and Christian Kathryn Christian
Seller's Agent
Marty Jacobson
Peter Starlings Real Estate
Buyer's Agent
Shawn Vegezzi
Vegezzi Realty
List Price
$1,098,000
Sold Price
$1,050,000
Premium/Discount to List
-$48,000
-4.37%
Current Estimated Value
$2,069,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,019,411
Avg. Annual Appreciation
7.09%
Original Mortgage
$330,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Cosgrove Mark D and Cosgrove Kathleen P
Bought by
Cosgrove Mark D and Cosgrove Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2001
Sold by
Caldwell Burton K
Bought by
Cosgrove Mark D and Cosgrove Kathleen P
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
Christian Scott N $1,050,000 Fidelity National Title Co
Cosgrove Mark D -- First American Title Co
Cosgrove Mark D $265,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christian Scott N $330,000
Previous Owner Cosgrove Mark D $318,000
Previous Owner Cosgrove Mark D $337,000
Previous Owner Cosgrove Mark D $250,000
Previous Owner Cosgrove Mark D $200,000
Previous Owner Cosgrove Mark D $240,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $1,050,000 -4.4% $313 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/03/2016 01/03/16 For Sale $1,098,000 +4.6% $327 / Sq Ft
12/31/2015 12/31/15 Off Market $1,050,000 -- --
12/04/2015 12/04/15 Price Changed $1,098,000 -4.5% $327 / Sq Ft
07/15/2015 07/15/15 Price Changed $1,150,000 -0.7% $342 / Sq Ft
05/24/2015 05/24/15 For Sale $1,158,500 -- $345 / 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 $13,081 $1,365,382 $591,896 $773,486
2024 $12,491 $1,260,811 $580,291 $680,520
2023 $12,491 $1,194,717 $568,913 $625,804
2022 $12,299 $1,171,292 $557,758 $613,534
2021 $12,274 $1,148,326 $546,822 $601,504
2020 $12,132 $1,136,553 $541,216 $595,337
2019 $12,054 $1,114,268 $530,604 $583,664
2018 $11,908 $1,092,420 $520,200 $572,220
2017 $11,682 $1,071,000 $510,000 $561,000
2016 $8,481 $804,695 $365,676 $439,019
2015 $8,358 $792,609 $360,184 $432,425
2014 $8,047 $777,084 $353,129 $423,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1055472

California Regional Multiple Listing Service (CRMLS)

APN: 044-255-034