$1,899,000
SOLD JUL 12, 2022

1241 Phyllis Rae Ct Nipomo, CA 93444

5 Beds
3.5 Baths
4,771 Sq Ft
10 Acres

Recently Sold

$398 Per Sq Ft

43 Days on Market

Highlights

  • Horse Property
  • RV Garage
  • 10 Acre Lot
  • Private Pool
  • Panoramic View
  • Fireplace in Primary Bedroom

About This Home

As of April 2024

Exclusive and private living Poised atop approximately 10 acres, and boasting five bedrooms and four baths, 4,771 +/- square feet of living space with a detached ADU apartment and stunning crystal clear pool and hot tub. This gated Rancho Nipomo Estate home has something for everyone. The grounds to this bold estate have been designed to allow the new owner ability to customize for their specific needs. Upon entering the main home you are greeted by two living areas, formal dining room, executive office and two half baths. An open concept gourmet kitchen boasting dual refrigerators, custom granite counter tops, island complete with a prep sink, high end Viking Professional Series gas range with dual ovens, 6 burners and abundance of custom cabinet and counter space. 5 upper level bedrooms, and bonus room with a functional split wing layout all with stunning views and flooded with natural light. The master suite is privately located in it's own wing on the upper level, complete with fireplace, his and hers walk in closets, and en suite bathroom that provides a soaking tub & shower. Enjoy expansive outdoor living, with heated in ground pool, hot tub, olive tree grove, and plenty of room for livestock and horses. Also on the property is 1,600 sqft RV shop/barn complete with finished apartment with a kitchen and bath. Energy efficient with solar, and in an ideal location tucked away, yet still so close to Schools, beaches and Shopping.

Last Agent to Sell the Property

Mike Oliver

BHGRE Haven Properties License #01898274 Listed on: 03/31/2022

BHGRE Haven Properties

Last Buyer's Agent

HARRISON GORMAN

White Oak Holdings, Inc. License #01987740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,322

Year Built

  • Built in 1996

Lot Details

  • 10 Acre Lot
  • Landscaped
  • Level Lot
  • Density is 6-10 Units/Acre
  • Property is zoned RR

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • RV Garage

Property Views

  • Panoramic
  • Orchard Views
  • Mountain
  • Hills

Interior Spaces

  • 4,771 Sq Ft Home
  • Family Room with Fireplace
  • Game Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Waterfall Pool Feature

Outdoor Features

  • Horse Property

Utilities

  • Shared Well
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1516
  • Assessor Parcel Number 090012004

Community Details

Overview

  • Rancho Nipomo Association, Phone Number (805) 489-0864
  • B&W Property Management HOA
  • Foothills

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,322

Year Built

Built in 1996

Lot Details

0

HOA Fees

$325 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Rancho Nipomo
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 090012004
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4771.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 398.03
  • Room Type: All Bedrooms Up, Game Room

Exterior Features

  • View: Hills, Mountain(s), Orchard, Panoramic
  • Pool Features: Private, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Private, RV Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Controlled Access
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Nipomo
  • Phone: 805-489-0864
  • Senior Community: No
  • Community Features: Foothills
  • Association Management: B&W Property Management

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Horse Property, Landscaped, Level
  • Lot Size Sq Ft: 435600.00
  • Lot Size Acres: 10.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 435600.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 123.02
  • Tax Lot: 2
  • Tax Tract Number: 1516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 15, 2024
Sold by
Farmer Dennis Scott
Bought by
Dean Joel Glenn and Dean Jennifer
Seller's Agent
HARRISON GORMAN
White Oak Holdings, Inc.
Buyer's Agent
Allie Webber
BHGRE Haven Properties
List Price
$2,299,000
Sold Price
$2,100,000
Premium/Discount to List
-$199,000
-8.66%
Views
137
Current Estimated Value
$2,265,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,130
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,100,000
Outstanding Balance
$1,087,239
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,133,545

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jul 11, 2022
Sold by
Farmer Erica
Bought by
Farmer Dennis Scott
Seller's Agent
Mike Oliver
BHGRE Haven Properties
Buyer's Agent
HARRISON GORMAN
White Oak Holdings, Inc.
List Price
$1,899,000
Sold Price
$1,899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,329,300
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 17, 2022
Sold by
Jeffrey And Kimberly Redmond Family Trus
Bought by
Farmer Dennis Scott
Seller's Agent
Mike Oliver
BHGRE Haven Properties
Buyer's Agent
HARRISON GORMAN
White Oak Holdings, Inc.
List Price
$1,899,000
Sold Price
$1,899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,329,300
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2017
Sold by
Redmond Jeffrey T and Redmond Kimberly E
Bought by
Redmond Jeffrey T and Redmond Kimberly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,122
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2016
Sold by
Redmons Jeffrey and Redmond Kimberly
Bought by
Redmond Jeffrey T and Redmond Kimberly E

Purchase Details

Closed on
Feb 24, 2015
Sold by
National Residential Nominee Services In
Bought by
Redmond Jeffrey and Redmond Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2014
Sold by
Maloney Arlene S and Allert Arlene G
Bought by
National Residential Nominee Services In

Purchase Details

Closed on
Dec 19, 2013
Sold by
Allert Dale G and Allert Arlene G
Bought by
Allert Arlene G

Purchase Details

Closed on
Oct 16, 2007
Sold by
Allert Arlene G and Allert Dale
Bought by
Allert Dale G and Allert Arlene G

Purchase Details

Closed on
Sep 21, 2004
Sold by
Loughran David A and Yanez Teresa
Bought by
Allert Dale and Allert Arlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2003
Sold by
Loughran David A
Bought by
Loughran David A and Yanez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.82%

Purchase Details

Closed on
Feb 5, 2003
Sold by
Yanez Teresa
Bought by
Loughran David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.82%

Purchase Details

Closed on
Sep 9, 1998
Sold by
Trombetta Mark C and Trombetta Marion
Bought by
Yanez Teresa and Loughran David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.6%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Trombetta Mark C
Bought by
Trombetta Mark C and Trombetta Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,600
Interest Rate
7.23%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Matejcek Michael G and Matejcek Steven A
Bought by
Renetzky John A
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 Type Sale Price Title Company
Grant Deed $2,100,000 Fidelity National Title
Deed -- Fidelity National Title
Grant Deed $1,899,000 Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title Guaranty Co
Interfamily Deed Transfer -- None Available
Grant Deed $1,050,000 Fidelity National Title Co
Grant Deed $1,312,500 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,400,000 Cuesta Title Company
Interfamily Deed Transfer -- --
Grant Deed -- First American Title Company
Grant Deed $489,000 First American Title
Interfamily Deed Transfer -- Cuesta Title Company
Grant Deed -- First American Title
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $1,329,300 New Conventional
Previous Owner $1,329,300 New Conventional
Previous Owner $350,000 No Value Available
Previous Owner $1,106,000 New Conventional
Previous Owner $191,122 Commercial
Previous Owner $956,250 New Conventional
Previous Owner $892,500 New Conventional
Previous Owner $840,000 Adjustable Rate Mortgage/ARM
Previous Owner $485,000 Credit Line Revolving
Previous Owner $1,000,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $322,700 No Value Available
Previous Owner $289,000 No Value Available
Previous Owner $225,000 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $218,600 No Value Available
Closed $219,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $2,100,000 -8.7% $330 / Sq Ft
01/31/2024 01/31/24 For Sale $2,299,000 +21.1% $361 / Sq Ft
07/12/2022 07/12/22 Sold $1,899,000 0.0% $398 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $1,899,000 0.0% $398 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,899,000 +80.9% $398 / Sq Ft
04/30/2015 04/30/15 Sold $1,050,000 -- $220 / 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 $20,322 $2,142,000 $816,000 $1,326,000
2024 $20,089 $1,936,980 $765,000 $1,171,980
2023 $20,089 $1,899,000 $750,000 $1,149,000
2022 $12,563 $1,189,150 $566,262 $622,888
2021 $12,539 $1,165,834 $555,159 $610,675
2020 $12,395 $1,153,881 $549,467 $604,414
2019 $12,317 $1,131,257 $538,694 $592,563
2018 $12,169 $1,109,077 $528,132 $580,945
2017 $11,940 $1,087,331 $517,777 $569,554
2016 $11,259 $1,066,012 $507,625 $558,387
2015 $13,964 $1,312,500 $650,000 $662,500
2014 $14,295 $1,375,000 $660,000 $715,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22063277

California Regional Multiple Listing Service (CRMLS)

APN: 090-012-004