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1601 Sierra Drive

1601 Sierra Drive, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold Oct 06, 2022
$759,000
$607,200 by Nexera Holding Llc
Mortgage Due Nov 01, 2062
1601 Sierra Drive in Arroyo Grande, CA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1601 Sierra Drive has 1,956 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,500 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1601 Sierra Drive sold most recently in Sep 8, 2022 for a total of $759,000. If you work out the math, that's approximately a cost of $388.04 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,406 in taxes each year. 1601 Sierra Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $759,000. If we break it down further, the land itself was valued at $415,000. Improvements to the property, however, were assessed at a total of $344,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 1,956
  • Gross Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY AG TR 46 BL 3 PTN LT 1

Ownership

  • Current Owner : CHILDRESS JOSEPH
  • Current Owner 2: CHILDRESS DARBY
  • Previous Owner : TRUST A OF THE STONE FAMILY TRUST
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 011903

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 46
  • Parcel: 077-013-007
  • Block: 3
  • Lot: 1
  • Municipality: CITY OF ARROYO GRANDE
  • Latitude: 35.128
  • Longitude: -120.606

    Address

  • Full Address: 1601 Sierra Dr
  • Address - House Number: 1601
  • Address - Street Name: Sierra
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: C003
  • 4-Digit Zip Code: 2229
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,406
  • Tax Rate Code Area: 001-002

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 791,512
  • High Value: 952,634
  • Low Value: 630,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $607,200
  • First Open Lien Mortgage Lender: NEXERA HOLDING LLC
  • First Open Lien Mortgage Recording Date: Oct 06, 2022
  • First Open Lien Mortgage Loan Amount: $607,200
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $759,000
  • Assessed Land Value: $415,000
  • Assessed Improvements Value: $344,000

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Transaction ID: 11896754378
  • Current Sale Price: $759,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 39469

    Last Sale Mortgage

  • First Mortgage Lender: NEXERA HOLDING LLC
  • First Mortgage Transaction Date: Oct 06, 2022
  • First Mortgage Loan Amount: $607,200
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2062

About Arroyo Grande



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Frequently Asked Questions

What neighborhood is 1601 Sierra Drive located in?
The 1601 Sierra Drive is a located in the neighborhood of San Luis Obispo in Arroyo Grande, Arroyo Grande.
What is the average sales price for listings in 1601 Sierra Drive?
The average sales price for units in 1601 Sierra Drive is $0 currently.

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