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2585 Lara Lane

2585 Lara Lane, Oceano, CA 93445
Property in San Luis Obispo
Sold Jul 14, 2017
$483,000
$341,500 by Nationstar Mortgage Llc
Mortgage Due Jul 01, 2050
Sold Jun 06, 2005
$499,000
Seller
$250,000 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2035
2585 Lara Lane in Oceano, CA was first built in 1995 and is 29 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 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. 2585 Lara Lane has 1,406 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 6,180 square feet.

Learn more about the property and building on this page. 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2585 Lara Lane was last sold in Jun 6, 2017 for $483,000. According to our calculations, that's $343.53 per sqft. Prior to that sales transaction, the property was sold for $499,000 in Apr 8, 2005. Current property owners are expected to pay $5,768 in taxes per year. The property on 2585 Lara Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $528,228. To break that down further, the land itself was valued at $300,752. While improvements to the property were assessed at a total of $227,476. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,180
  • Total Building Area: 1,406
  • Gross Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP COAL 89-332
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 50-65 PAR 11

Ownership

  • Current Owner : WATKINS MICHAEL
  • Current Owner 2: JAMESON ERIN
  • Previous Owner : WEED JONATHAN C
  • Owner Before Previous Owner: SIAMON AL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 012202

Zoning

  • Zoning: RSF

Geography

  • Parcel: 062-104-013
  • Lot: 11
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.1009
  • Longitude: -120.601

    Address

  • Full Address: 2585 Lara Ln
  • Address - House Number: 2585
  • Address - Street Name: Lara
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Oceano
  • Carrier Code: R011
  • 4-Digit Zip Code: 9188
  • Zip Code: 93445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,768
  • Tax Rate Code Area: 052-053

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 771,009
  • High Value: 942,474
  • Low Value: 599,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,500
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 10, 2020
  • First Open Lien Mortgage Loan Amount: $341,500
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,228
  • Assessed Land Value: $300,752
  • Assessed Improvements Value: $227,476

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2017
  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Transaction ID: 1589705376
  • Current Sale Price: $483,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017030762
  • Previous Sale Recording Date: Jun 06, 2005
  • Previous Sale Contract Date: Apr 08, 2005
  • Previous Sale Amount: $499,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 14, 2017
  • First Mortgage Loan Amount: $353,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 06, 2005
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 2585 Lara Lane located in?
The 2585 Lara Lane is a located in the neighborhood of San Luis Obispo in Oceano, Oceano.
What is the average sales price for listings in 2585 Lara Lane?
The average sales price for units in 2585 Lara Lane is $0 currently.

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