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1858 Lincoln Avenue

1858 Lincoln Avenue, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold Jun 27, 2022
$1,460,000
$949,000 by Mega Capital Funding Inc
Mortgage Due Jul 01, 2052
Sold Sep 20, 2016
$800,000
$625,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2046
Local assessors in Arroyo Grande, CA have categorized 1858 Lincoln Avenue as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 43,560 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1858 Lincoln Avenue has a total of 3,508 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. There are 5 available parking spaces so it's a great situation for those with more than one car. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 31, 2022 for $1,460,000. That's $416.19 per sqft. Prior to that sales transaction, the property was also sold in Aug 5, 2016 for $800,000. 1858 Lincoln Avenue was last assessed in 2023. The total value of the property was assessed at $1,489,200. Specifically, the land the property is located on was valued at $714,000. While improvements on the property were assessed at a total of $775,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $0. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,508
  • Gross Building Area: 3,508
  • Building Area: 3,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,508
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MAP COAL-86-274
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 41/69 PAR 3

Ownership

  • Current Owner : FARMER JIMMY
  • Current Owner 2: MISURACO ANGELA
  • Previous Owner : LEININGER PAUL E
  • Previous Owner 2: LEININGER JENNIFER R
  • Owner Before Previous Owner: OIEN MICHAEL RALPH
  • Owner Before Previous Owner 2: SCHMIDT JULIANNA CRISTINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 012305

Zoning

  • Zoning: RS

Geography

  • Parcel: 091-027-007
  • Lot: 3
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.0791
  • Longitude: -120.547

    Address

  • Full Address: 1858 Lincoln Ave
  • Address - House Number: 1858
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: R005
  • 4-Digit Zip Code: 5639
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: 052-002

    Appraisal Valuation

  • Standard Deviation: 0.0587
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 98
  • Final Value: 1,428,049
  • High Value: 1,511,993
  • Low Value: 1,344,105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $949,000
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jun 27, 2022
  • First Open Lien Mortgage Loan Amount: $949,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,489,200
  • Assessed Land Value: $714,000
  • Assessed Improvements Value: $775,200

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Transaction ID: 11891177418
  • Current Sale Price: $1,460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 26766
  • Previous Sale Recording Date: Sep 20, 2016
  • Previous Sale Contract Date: Aug 05, 2016
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Jun 27, 2022
  • First Mortgage Loan Amount: $949,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 20, 2016
  • Previous Mortgage Loan Amount: $625,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Los Berros



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Frequently Asked Questions

What neighborhood is 1858 Lincoln Avenue located in?
The 1858 Lincoln Avenue is a located in the neighborhood of San Luis Obispo in Los Berros, Arroyo Grande.
What is the average sales price for listings in 1858 Lincoln Avenue?
The average sales price for units in 1858 Lincoln Avenue is $0 currently.

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