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1865 Hi Mountain Road

1865 Hi Mountain Road, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold May 30, 2018
$465,500
Buyer
Seller
$800,000 by Jerry E Mall
Mortgage
Sold Nov 22, 2016
$850,000
$511,000 by Banc Home Loans
Mortgage Due Dec 01, 2046
1865 Hi Mountain Road in Arroyo Grande, CA was first built in 1996 and is 28 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1865 Hi Mountain Road has 2,369 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 2,112,660 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. There are a total of 4 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 C. Walk into the home itself and you'll find that it is currently being cooled with no 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, 1865 Hi Mountain Road sold most recently in May 21, 2018 for a total of $465,500. If you work out the math, that's approximately a cost of $196.50 per sqft. Before that, the property was also sold for $850,000 in Nov 15, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,164 in taxes each year. 1865 Hi Mountain Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $982,636. If we break it down further, the land itself was valued at $469,172. Improvements to the property, however, were assessed at a total of $513,464. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1996
  • Effective Year Built: 1996
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 2,112,660
  • Total Building Area: 2,369
  • Gross Building Area: 2,369
  • Building Area: 2,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,369
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 48.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COAL 88-061 PTN LT 19

Ownership

  • Current Owner : SMITH MINDY
  • Previous Owner : JENSEN NOEL D
  • Owner Before Previous Owner: JOHNSON SARAH
  • Owner Before Previous Owner 2: REDLICH SARAH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 011505

Zoning

  • Zoning: AG

Geography

  • Parcel: 085-134-011
  • Lot: 19
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.2074
  • Longitude: -120.38

    Address

  • Full Address: 1865 Hi Mountain Rd
  • Address - House Number: 1865
  • Address - Street Name: Hi Mountain
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: R002
  • 4-Digit Zip Code: 6929
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,164
  • Tax Rate Code Area: 052-030

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 1,250,203
  • High Value: 1,520,653
  • Low Value: 979,753

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: JERRY E MALL
  • First Open Lien Mortgage Recording Date: May 30, 2018
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $982,636
  • Assessed Land Value: $469,172
  • Assessed Improvements Value: $513,464

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2018
  • Current Sale Recording Date: May 30, 2018
  • Current Sale Transaction ID: 11468722086
  • Current Sale Price: $465,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018021781
  • Previous Sale Recording Date: Nov 22, 2016
  • Previous Sale Contract Date: Nov 15, 2016
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JERRY E MALL
  • First Mortgage Transaction Date: May 30, 2018
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: BANC HOME LOANS
  • Previous Mortgage Transaction Date: Nov 22, 2016
  • Previous Mortgage Loan Amount: $511,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About San Luis Obispo



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Frequently Asked Questions

What neighborhood is 1865 Hi Mountain Road located in?
The 1865 Hi Mountain Road is a located in the neighborhood of San Luis Obispo in San Luis Obispo, Arroyo Grande.
What is the average sales price for listings in 1865 Hi Mountain Road?
The average sales price for units in 1865 Hi Mountain Road is $0 currently.

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