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350 Blue Sky Drive

350 Blue Sky Drive, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold Mar 20, 2023
$1,550,000
$1,375,000 by Morgan Stanley Private Bank Na
Mortgage Due Apr 01, 2053
Sold Jan 30, 2019
$957,500
$667,000 by Finance Of America Mortgage Ll
Mortgage Due Feb 01, 2049
350 Blue Sky Drive 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 1992 and is 32 years old. The home has a total of 9 rooms. 4 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, 350 Blue Sky Drive has 3,148 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 217,800 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 B by the local assessor. The inside of the home is being cooled with central 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 well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 350 Blue Sky Drive was last sold in Feb 23, 2023 for $1,550,000. According to our calculations, that's $492.38 per sqft. Prior to that sales transaction, the property was sold for $957,500 in Jan 24, 2018. Current property owners are expected to pay $10,682 in taxes per year. The property on 350 Blue Sky Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,026,630. To break that down further, the land itself was valued at $428,879. While improvements to the property were assessed at a total of $597,751. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Driveway

Driveway

Parking

Garage Parking
Off Street Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,148
  • Gross Building Area: 3,148
  • Building Area: 3,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP NUMBER CO 71 247
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 42-65 PAR 3

Ownership

  • Current Owner : RICHARDSON JAMES F
  • Current Owner 2: RICHARDSON KATHERINA E
  • Previous Owner : ARTHUR AND KAREN WELDON REVOCABLE TRUST
  • Owner Before Previous Owner: BELL WILLIAM E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Parcel: 047-242-003
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.1621
  • Longitude: -120.539

    Address

  • Full Address: 350 Blue Sky Dr
  • Address - House Number: 350
  • Address - Street Name: Blue Sky
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: R001
  • 4-Digit Zip Code: 6946
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,682
  • Tax Rate Code Area: 052-027

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,596,433
  • High Value: 1,925,264
  • Low Value: 1,267,601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,375,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 20, 2023
  • First Open Lien Mortgage Loan Amount: $1,375,000
  • 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: Apr 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,026,630
  • Assessed Land Value: $428,879
  • Assessed Improvements Value: $597,751

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Transaction ID: 11903945154
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 7511
  • Previous Sale Recording Date: Jan 30, 2019
  • Previous Sale Contract Date: Jan 24, 2018
  • Previous Sale Amount: $957,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Mar 20, 2023
  • First Mortgage Loan Amount: $1,375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Jan 30, 2019
  • Previous Mortgage Loan Amount: $667,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About San Luis Obispo



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Frequently Asked Questions

What neighborhood is 350 Blue Sky Drive located in?
The 350 Blue Sky Drive 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 350 Blue Sky Drive?
The average sales price for units in 350 Blue Sky Drive is $0 currently.

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