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195 Martha Lane

195 Martha Lane, Nipomo, CA 93444
Property in San Luis Obispo
Sold Apr 13, 2022
$825,000
Sold May 28, 2004
$490,000
$391,920 by Wells Fargo Bank Na
Mortgage Due Jun 20, 2014
195 Martha Lane has been categorized by the local assessors in Nipomo, CA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 195 Martha Lane has 2,042 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,017 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Mar 24, 2022 for $825,000. That's $404.02 per sqft. Prior to that sales transaction, the property was also sold in Feb 24, 2004 for $490,000. 195 Martha Lane was last assessed in 2023. The total value of the property was assessed at $663,254. Specifically, the land the property is located on was valued at $313,695. While improvements on the property were assessed at a total of $349,559. 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 $6,901. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,017
  • Total Building Area: 2,042
  • Gross Building Area: 2,042
  • Building Area: 2,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR 2261 LT 14

Ownership

  • Current Owner : KIM KWANG R
  • Current Owner 2: KIM EUN S
  • Previous Owner : WELLS WILLIAM A
  • Previous Owner 2: REVOCAB DAWN
  • Owner Before Previous Owner: R H NEWDOLL CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 012403

Zoning

  • Zoning: RSF

Geography

  • Subdivision Tract Number: 2261
  • Parcel: 092-512-044
  • Lot: 14
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.0249
  • Longitude: -120.496

    Address

  • Full Address: 195 Martha Ln
  • Address - House Number: 195
  • Address - Street Name: Martha
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Nipomo
  • Carrier Code: R009
  • 4-Digit Zip Code: 9147
  • Zip Code: 93444

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,901
  • Tax Rate Code Area: 052-117

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 902,618
  • High Value: 1,102,636
  • Low Value: 702,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,254
  • Assessed Land Value: $313,695
  • Assessed Improvements Value: $349,559

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Transaction ID: 11884691855
  • Current Sale Price: $825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16390
  • Previous Sale Recording Date: May 28, 2004
  • Previous Sale Contract Date: Feb 24, 2004
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 28, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $391,920
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jun 20, 2014

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Frequently Asked Questions

What neighborhood is 195 Martha Lane located in?
The 195 Martha Lane is a located in the neighborhood of San Luis Obispo in Nipomo, Nipomo.
What is the average sales price for listings in 195 Martha Lane?
The average sales price for units in 195 Martha Lane is $0 currently.

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