See Home Value
San Luis Obispo 93420
2855 Branch Mill Road
$1,688,067*
House - Off Market

2855 Branch Mill Road

Arroyo Grande, CA 93420
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3000 Sqft
$1,350,000 - $1,648,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jul 13, 2020
$1,425,000
$690,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2050
Sold Jan 11, 2001
$430,000
$314,217 by American General Finance Inc
Mortgage

About This Property

Rare opportunity to purchase this single level ranch home on over 13 flat usable acres in Arroyo Grande.  The home was built in 2003 and has an open floor plan, 9' ceilings, with 4 bedrooms, 3 baths, indoor laundry and an office or den. The kitchen is centrally located an has views of the front pastures or the private back yard. The home also features wrap around front porch, two HVAC  and two A/C units, and an attached  4 car garage. The inground pool has a hot tub, and is located in the private and sheltered back yard which is perfect for entertaining.  There is a huge barn ready for your animals with pipe pens leading to a turn out pasture, and a separate feed/tack room. The other half of the barn features a work shop with concrete floors and three twelve foot bays and a separate room that could be used as an office. There is also an 1,800 sf unfinished loft area with endless possibilities. The upper and lower pastures are served by an underground irrigation system which pumps water directly from Arroyo Grande Creek which runs through the back portion of the property. This allows for many options including irrigated row crops or irrigated pasture for your livestock. This one of a kind property offers close proximity to the many local beaches, Village of Arroyo Grande, or Edna Valley wineries, while being only 15 minutes from the San Luis Obispo Airport. Allan Real Estate Investments www.allanrealestate.com BRE00961923

The manager has listed the unit size as 3000 square feet.
Unit Size
3,000Ft²
Days on Market
-
Land Size
13.47 acres
Price per sqft
$500
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 13, 2020 Sold to Eric Lokkart, Natalie Lokkart $1,425,000
Sold to Eric Lokkart, Natalie Lokkart
May 22, 2020 In contract -
In contract
Apr 6, 2020 Listed $1,499,900
Listed

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 586,753
  • Total Building Area: 3,000
  • Gross Building Area: 3,000
  • Building Area: 3,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: J F BRANCH
  • Land Acres: 13.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BR TR PTN LT 21

Ownership

  • Current Owner : LOKKART ERIC
  • Current Owner 2: LOKKART NATALIE
  • Previous Owner : PANKEY MICHAEL C
  • Previous Owner 2: PANKEY SHARI L
  • Owner Before Previous Owner: KIRK JAMES M
  • Owner Before Previous Owner 2: KIRK ANNIE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 012302

Zoning

  • Zoning: AG

Geography

  • Parcel: 047-061-061
  • Lot: 21
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.1524
  • Longitude: -120.531

    Address

  • Full Address: 2855 Branch Mill Rd
  • Address - House Number: 2855
  • Address - Street Name: Branch Mill
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: R001
  • 4-Digit Zip Code: 6104
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,459
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 052-026

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 1,982,037
  • High Value: 2,388,146
  • Low Value: 1,575,929

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $818,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 13, 2020
  • First Open Lien Mortgage Loan Amount: $690,000
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: ALLIANT CU
  • Second Open Lien Mortgage Recording Date: Jul 13, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $128,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,482,570
  • Assessed Land Value: $676,260
  • Assessed Improvements Value: $806,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Transaction ID: 11772803477
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020035169
  • Previous Sale Recording Date: Jan 11, 2001
  • Previous Sale Contract Date: Oct 20, 2000
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 13, 2020
  • First Mortgage Loan Amount: $690,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN GENERAL FINANCE INC
  • Previous Mortgage Transaction Date: Jan 11, 2001
  • Previous Mortgage Loan Amount: $314,217



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About San Luis Obispo


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Frequently Asked Questions

When was property at 2855 Branch Mill Road built and last sold?
The property at 2855 Branch Mill Road was built in 2003 and last sold on Jun 24, 2020 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 2855 Branch Mill Road is $1,524,926.
What are some comparable homes to 2855 Branch Mill Road?
There are currently no comparable homes to 2855 Branch Mill Road.

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