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560 Spanish Trail

560 Spanish Trail, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold Oct 08, 2021
$992,500
$794,000 by Ally Bank
Mortgage Due Nov 01, 2051
Sold Feb 13, 1998
$250,000
$199,900 by Los Padres Svgs Bank Fsb
Mortgage Due Mar 01, 2028
560 Spanish Trail in Arroyo Grande, CA was first built in 1997 and is 27 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 560 Spanish Trail has 2,042 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 20,050 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 not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. There are a total of 3 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 B. 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. The property was last sold in Aug 26, 2021 for $992,500. That's $486.04 per sqft. Prior to that sales transaction, the property was also sold in Jan 22, 1998 for $250,000. 560 Spanish Trail was last assessed in 2023. The total value of the property was assessed at $1,012,350. Specifically, the land the property is located on was valued at $561,000. While improvements on the property were assessed at a total of $451,350. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,473. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,050
  • Total Building Area: 2,042
  • Gross Building Area: 2,042
  • Building Area: 2,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2199
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2199 LT 2

Ownership

  • Current Owner : BROWN STEFANI
  • Current Owner 2: BROWN DANIEL
  • Previous Owner : LIU WEI
  • Previous Owner 2: SHEN XUEHUA
  • Owner Before Previous Owner: VICK PACE CONSTRUCTION
  • Owner Before Previous Owner 2: NICHOLS SCOTT J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 012305

Zoning

  • Zoning: RS

Geography

  • Subdivision Tract Number: 2199
  • Parcel: 075-204-002
  • Lot: 2
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.0761
  • Longitude: -120.578

    Address

  • Full Address: 560 Spanish Trl
  • Address - House Number: 560
  • Address - Street Name: Spanish
  • Address - Suffix Type: Trl
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: R008
  • 4-Digit Zip Code: 6564
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,473
  • Tax Rate Code Area: 052-013

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,101,881
  • High Value: 1,315,266
  • Low Value: 888,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $794,000
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $794,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,012,350
  • Assessed Land Value: $561,000
  • Assessed Improvements Value: $451,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11859318808
  • Current Sale Price: $992,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021068247
  • Previous Sale Recording Date: Feb 13, 1998
  • Previous Sale Contract Date: Jan 22, 1998
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLY BANK
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $794,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOS PADRES SVGS BANK FSB
  • Previous Mortgage Transaction Date: Feb 13, 1998
  • Previous Mortgage Loan Amount: $199,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2028

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Frequently Asked Questions

What neighborhood is 560 Spanish Trail located in?
The 560 Spanish Trail 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 560 Spanish Trail?
The average sales price for units in 560 Spanish Trail is $0 currently.

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