988 Magnolia Dr Arroyo Grande, CA 93420
3
Beds
2
Baths
1,625
Sq Ft
7,214
Sq Ft Lot
Highlights
- Solar Power System
- Updated Kitchen
- No HOA
- Arroyo Grande High School Rated A-
- Granite Countertops
- Covered patio or porch
About This Home
As of March 2024Introducing this charming single-level residence nestled in the coveted heart of Arroyo Grande. Step inside to discover a lovely living area with a large window to let in the natural light. The kitchen, recently renovated with granite countertops, tile backsplash, pristine white cabinetry, and modern appliances, exudes timeless elegance. The dining space is right off the kitchen and features a convenient breakfast bar for casual meals. The inviting family room boasts wood beamed ceilings and an impressive rock fireplace, seamlessly connecting to both the backyard oasis and the attached 2-car garage. Journey down the hallway to find the three bedrooms and two bathrooms. The primary suite boasts dual closets, a charming barn door leading to the private toilet and shower area, and direct access to the covered patio. Revel in the comfort of newer laminate flooring and plush carpeting throughout. Outside, a generous backyard beckons for gatherings, offering a spacious patio, lush lawn, handy storage shed, and ample room for a flourishing garden or play space - even potential for an additional dwelling unit (ADU). Added perks to this fabulous property include an air conditioning unit and leased solar system for this all-electric home. Situated in the esteemed Harloe Elementary School District, this residence is conveniently close to shopping, dining, healthcare facilities, and just a short drive to the beach. Embrace the sought-after Arroyo Grande lifestyle on the Central Coast, renowned for its idyllic climate, stunning beaches, renowned wineries, and a wealth of amenities. Don't let this exceptional opportunity pass you by!
Last Agent to Sell the Property
Taylor Hoving Realty Group License #01308987 Listed on: 10/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $816
Year Built
- Built in 1965
Lot Details
- 7,214 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Fence is in average condition
- Level Lot
- Back and Front Yard
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,625 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- <<builtInRangeToken>>
- <<microwave>>
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- <<tubWithShowerToken>>
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Covered patio or porch
- Exterior Lighting
- Shed
- Rain Gutters
Schools
- Harloe Elementary School
- Paulding Middle School
- Arroyo Grande High School
Additional Features
- Solar Power System
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 282
- Assessor Parcel Number 077351029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2023
Closed on
Feb 6, 2024
Sold by
Freitas Jennie
Bought by
Archambeault Evan and Archambeault Glenda
Seller's Agent
Jill Jackson
Taylor Hoving Realty Group
Buyer's Agent
Teri McKay
Keller Williams Realty Central Coast
List Price
$824,900
Sold Price
$799,000
Premium/Discount to List
-$25,900
-3.14%
Views
217
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$549,000
Outstanding Balance
$540,497
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$300,080
Purchase Details
Closed on
Nov 3, 2023
Sold by
Vanderlinden Joshua
Bought by
Freitas Jennie
Purchase Details
Closed on
Oct 16, 2023
Sold by
Jennie Freitas Revocable Living Trust
Bought by
Freitas Jennie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,499
Interest Rate
6.9%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 2, 2023
Sold by
Freitas Jennie
Bought by
Jennie Freitas Revocable Living Trust and Freitas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,499
Interest Rate
6.9%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 14, 2018
Sold by
Freitas Jennie
Bought by
Livin Freitas Jennie and Livin Jennie Freitas Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,800
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2018
Sold by
Freitas Jennie L
Bought by
Livin Freitas Jennie and Livin Jennie Freitas Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,800
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2018
Sold by
Freitas Jennie L
Bought by
Freitas Jennie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.43%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 4, 2011
Sold by
Jensen Erwin E
Bought by
Jensen Erwin and Erwin Jensen Revocable Living
Purchase Details
Closed on
Aug 20, 2003
Sold by
Jensen Erwin E
Bought by
Jensen Erwin Earl and The Erwin Earl Jensen Family T
Similar Homes in Arroyo Grande, CA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $799,000 | First American Title | |
| Quit Claim Deed | -- | First American Title | |
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Amrock | |
| Quit Claim Deed | -- | Amrock | |
| Interfamily Deed Transfer | -- | Title Source Inc | |
| Interfamily Deed Transfer | -- | Title Source Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $549,000 | New Conventional | |
| Previous Owner | $209,499 | Construction | |
| Previous Owner | $190,125 | New Conventional | |
| Previous Owner | $89,800 | New Conventional | |
| Previous Owner | $85,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $825,000 | +3.3% | $508 / Sq Ft |
| 03/08/2024 03/08/24 | Sold | $799,000 | 0.0% | $492 / Sq Ft |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- |
| 01/08/2024 01/08/24 | Price Changed | $799,000 | -2.4% | $492 / Sq Ft |
| 12/05/2023 12/05/23 | Price Changed | $819,000 | -0.7% | $504 / Sq Ft |
| 10/28/2023 10/28/23 | For Sale | $824,900 | -- | $508 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $816 | $85,353 | $17,381 | $67,972 |
| 2023 | $816 | $83,681 | $17,041 | $66,640 |
| 2022 | $802 | $82,041 | $16,707 | $65,334 |
| 2021 | $799 | $80,433 | $16,380 | $64,053 |
| 2020 | $789 | $79,610 | $16,213 | $63,397 |
| 2019 | $782 | $78,050 | $15,896 | $62,154 |
| 2018 | $771 | $76,521 | $15,585 | $60,936 |
| 2017 | $757 | $75,022 | $15,280 | $59,742 |
| 2016 | $713 | $73,552 | $14,981 | $58,571 |
| 2015 | $706 | $72,448 | $14,756 | $57,692 |
| 2014 | $679 | $71,029 | $14,467 | $56,562 |
Source: Public Records
Agents Affiliated with this Home
-
Teri McKay
Seller's Agent in 2025
Teri McKay
Keller Williams Realty Central Coast
(805) 602-2244
95 Total Sales
-
Kisa Maxwell
K
Seller Co-Listing Agent in 2025
Kisa Maxwell
Keller Williams Realty Central Coast
(805) 295-0138
15 Total Sales
-
Jill Jackson
Seller's Agent in 2024
Jill Jackson
Taylor Hoving Realty Group
(805) 471-2263
60 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI23201067
APN: 077-351-029
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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