NOT LISTED FOR SALE

995 Paradise Dr Arroyo Grande, CA 93420

Estimated Value: $1,689,032 - $2,046,000

3 Beds
2.5 Baths
2,376 Sq Ft
$805/Sq Ft Est. Value

Last Sold November 03, 2015

Last sale price $985,000 $415 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $11,554/month

170 Days on Market

Highlights

  • Ocean View
  • Barn
  • 5.95 Acre Lot
  • Arroyo Grande High School Rated A-
  • Horse Property
  • No HOA

About This Home

As of November 2015

Spectacular views.. Incredible climate.. and Privacy. Paradise is the perfect name for this captivating almost 6-acre hilltop property! The property has been in the same family for over 40 years and is just now being made available for another very lucky family to own, enjoy and cherish. Driving up the long beautifully oak-studded road to the top, you begin to gain a sense that there is something very special ahead. The property has gorgeous breath-taking views in every direction. To the west is a beautiful view of the ocean over the long historic valley below. To the north and east you'll have a commanding view of the hills of east Arroyo Grande and the mountains surrounding nearby Lopez Lake. To the south are the lush hills and mountains at the entrance to Huasna Valley. Includes a lovely home, detached garage, and barn. Most of the 6 acres is level hilltop and can accommodate an additional 1200sf guest house. Ideal horse property. Also there is an additional 5 acre adjoining

Last Agent to Sell the Property

Stan Cross

Big Block Realty License #01886983 Listed on: 09/12/2015

Big Block Realty

Last Buyer's Agent

Steve Hopkins

California Coastal Real Estate License #01721304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,901

Year Built

  • Built in 1975

Lot Details

  • 5.95 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Privacy Fence
  • Fenced
  • Property is zoned RUR

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Hills
  • Valley

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,376 Sq Ft Home
  • Wood Burning Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Horse Property
  • Patio
  • Separate Outdoor Workshop

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Radiant Heating System
  • Shared Well
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 047061054

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,901

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Road Frontage Type: Private Road
  • View: Yes
  • Well Report: Yes
  • Zoning: RUR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 047061054
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2376.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Levels: One
  • Price Per Square Foot: 414.56

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Barn(s), Workshop
  • View: Hills, Ocean, Panoramic, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, Forced Air, Propane, Radiant
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural

Lot Info

  • Lot Features: Horse Property
  • Lot Size Sq Ft: 259182.00
  • Lot Size Acres: 5.9500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2018
Sold by
Molinari John Anthony and Molinari John A
Bought by
Molinari John A and Molinari Gail E
Current Estimated Value
$1,911,758

Purchase Details

Listed on
Sep 12, 2015
Closed on
Sep 21, 2015
Sold by
Andrews H Frank and Andrews Kathryn D
Bought by
Molinari John Anthony and Molinari Gall Ellen
Seller's Agent
Stan Cross
Big Block Realty
Buyer's Agent
Steve Hopkins
California Coastal Real Estate
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$561,200
Outstanding Balance
$432,329
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,391,114

Purchase Details

Closed on
Jan 19, 2000
Sold by
Andrews Homer Franklin and Andrews Kathryn Dolores
Bought by
Andrews H Frank and Andrews Kathryn D
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 Buyer Sale Price Title Company
Molinari John A -- None Available
Molinari John Anthony $985,000 First American Title Company
Andrews H Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molinari John Anthony $561,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2015 11/03/15 Sold $985,000 -1.0% $415 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/12/2015 09/12/15 For Sale $995,000 0.0% $419 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $995,000 0.0% $419 / Sq Ft
07/28/2015 07/28/15 Price Changed $995,000 +1.0% $419 / Sq Ft
06/06/2015 06/06/15 Off Market $985,000 -- --
06/06/2015 06/06/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,100,000 -- $463 / 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 $13,901 $1,350,936 $621,491 $729,445
2024 $13,740 $1,324,448 $609,305 $715,143
2023 $13,740 $1,298,479 $597,358 $701,121
2022 $13,531 $1,273,020 $585,646 $687,374
2021 $13,044 $1,205,903 $574,163 $631,740
2020 $12,895 $1,193,539 $568,276 $625,263
2019 $12,800 $1,170,137 $557,134 $613,003
2018 $12,646 $1,147,194 $546,210 $600,984
2017 $12,435 $1,124,700 $535,500 $589,200
2016 $10,559 $985,000 $525,000 $460,000
2015 $1,149 $114,029 $21,060 $92,969
2014 $1,105 $111,796 $20,648 $91,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1054758

California Regional Multiple Listing Service (CRMLS)

APN: 047-061-054