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470 Terra Way

470 Terra Way, Lompoc, CA 93436
Sold Aug 25, 2017
$285,000
$279,837 by Guild Mortgage Co
Mortgage Due Sep 01, 2047
470 Terra Way in Lompoc, CA was first built in 1960 and is 64 years old. This has been categorized as a residential property type. There are a total of 6 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. 470 Terra Way has 1,242 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. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 470 Terra Way sold most recently in Jul 27, 2017 for a total of $285,000. If you work out the math, that's approximately a cost of $229.47 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,806 in taxes each year. The initial year of tax delinquency occurred in 2022. 470 Terra Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $311,686. If we break it down further, the land itself was valued at $131,236. Improvements to the property, however, were assessed at a total of $180,450. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VANDENBERG VILLAGE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 10034 UNIT 1 LOT 183

Ownership

  • Current Owner : SHADOWENS CHRYSTAL ROSE
  • Previous Owner : MARTIN MICHAEL L
  • Previous Owner 2: JOSEPH DONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lompoc Unified School District
  • Census Tract: 002808

Zoning

  • Zoning: 7R1

Geography

  • Assessors Map Reference: 109-B4
  • Subdivision Tract Number: 10034
  • Parcel: 097-064-008
  • Lot: 183
  • Municipality: LOMPOC COUNTY
  • Latitude: 34.6967
  • Longitude: -120.469

    Address

  • Full Address: 470 Terra Way
  • Address - House Number: 470
  • Address - Street Name: Terra
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Lompoc
  • Carrier Code: C013
  • 4-Digit Zip Code: 1926
  • Zip Code: 93436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,806
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 72-016

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 497,026
  • High Value: 592,732
  • Low Value: 401,321

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $289,812
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 25, 2017
  • First Open Lien Mortgage Loan Amount: $279,837
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047
  • Second Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • Second Open Lien Mortgage Recording Date: Aug 25, 2017
  • Second Open Lien Mortgage Loan Amount: $9,975
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,686
  • Assessed Land Value: $131,236
  • Assessed Improvements Value: $180,450

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Transaction ID: 1732650443
  • Current Sale Price: $285,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0041308

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Aug 25, 2017
  • First Mortgage Loan Amount: $279,837
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047
  • Second Mortgage Lender: GUILD MORTGAGE CO
  • Second Mortgage Transaction Date: Aug 25, 2017
  • Second Mortgage Loan Amount: $9,975
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: FHA

About Vandenberg Village



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Frequently Asked Questions

What neighborhood is 470 Terra Way located in?
The 470 Terra Way is a located in the neighborhood of Vandenberg Village in Vandenberg Village, Lompoc.
What is the average sales price for listings in 470 Terra Way?
The average sales price for units in 470 Terra Way is $0 currently.

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