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262 South Elm Street

262 South Elm Street, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold Aug 07, 2020
$410,000
$389,500 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2050
Sold Mar 15, 2016
$343,000
$331,552 by Resource Lenders Inc
Mortgage Due Apr 01, 2046
262 South Elm Street has been categorized by the local assessors in Arroyo Grande, CA as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 262 South Elm Street has 1,331 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 1,331 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 2 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. 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, 262 South Elm Street was last sold in Jul 16, 2020 for $410,000. According to our calculations, that's $308.04 per sqft. Prior to that sales transaction, the property was sold for $343,000 in Feb 8, 2016. Current property owners are expected to pay $4,470 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 262 South Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $426,564. To break that down further, the land itself was valued at $208,080. While improvements to the property were assessed at a total of $218,484. 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,331
  • Total Building Area: 1,331
  • Gross Building Area: 1,331
  • Building Area: 1,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,331
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 1000
  • Land Acres: 0.031
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: CY AG TR 1000 LT 3

Ownership

  • Current Owner : SKINNER LUKE PRESTON
  • Current Owner 2: SKINNER HILARY ANN
  • Previous Owner : WAGMAN MOLLY
  • Previous Owner 2: PARRIS GREGORY L
  • Owner Before Previous Owner: MECCHI RON B
  • Owner Before Previous Owner 2: MECCHI LAURA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 011904

Zoning

  • Zoning: MFA

Geography

  • Subdivision Tract Number: 1000
  • Parcel: 077-154-023
  • Lot: 3
  • Municipality: CITY OF ARROYO GRANDE
  • Latitude: 35.1154
  • Longitude: -120.601

    Address

  • Full Address: 262 S Elm St
  • Address - House Number: 262
  • Street Direction: S
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: C002
  • 4-Digit Zip Code: 3065
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,470
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 001-000

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 654,082
  • High Value: 800,999
  • Low Value: 507,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $389,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $389,500
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,564
  • Assessed Land Value: $208,080
  • Assessed Improvements Value: $218,484

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11778518954
  • Current Sale Price: $410,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020041054
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Contract Date: Feb 08, 2016
  • Previous Sale Amount: $343,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $389,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RESOURCE LENDERS INC
  • Previous Mortgage Transaction Date: Mar 15, 2016
  • Previous Mortgage Loan Amount: $331,552
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Arroyo Grande



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Frequently Asked Questions

What neighborhood is 262 South Elm Street located in?
The 262 South Elm Street is a located in the neighborhood of San Luis Obispo in Arroyo Grande, Arroyo Grande.
What is the average sales price for listings in 262 South Elm Street?
The average sales price for units in 262 South Elm Street is $0 currently.

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