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616 Bayview Lane

616 Bayview Lane, Arroyo Grande, CA 93420
Property in San Luis Obispo
Sold Sep 30, 1994
$135,000
$199,700 by Central Coast Lending Inc
Mortgage Due Sep 01, 2050
616 Bayview Lane 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 1994 and is 30 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 616 Bayview Lane has 1,924 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 8,125 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 B by the local assessor. 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. 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, 616 Bayview Lane sold most recently in Sep 26, 1994 for a total of $135,000. If you work out the math, that's approximately a cost of $70.17 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 $3,550 in taxes each year. 616 Bayview Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $347,826. If we break it down further, the land itself was valued at $154,106. Improvements to the property, however, were assessed at a total of $193,720. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,125
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CORRAL DE PIEDRA RHOS
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RHO COR D P ETAL PTN LT 126 LESS 1/2 MIN RTS

Ownership

  • Current Owner : BROWN WILLIAM L
  • Current Owner 2: BROWN KAREN L
  • Previous Owner : BROWN KAREN L
  • Previous Owner 2: WOODWARD KAREN 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: 012305

Zoning

  • Zoning: RS

Geography

  • Parcel: 075-162-010
  • Lot: 126
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.0815
  • Longitude: -120.588

    Address

  • Full Address: 616 Bayview Ln
  • Address - House Number: 616
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Arroyo Grande
  • Carrier Code: R008
  • 4-Digit Zip Code: 5559
  • Zip Code: 93420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,550
  • Tax Rate Code Area: 052-013

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 965,775
  • High Value: 1,170,555
  • Low Value: 760,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,700
  • First Open Lien Mortgage Lender: CENTRAL COAST LENDING INC
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $199,700
  • 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: $347,826
  • Assessed Land Value: $154,106
  • Assessed Improvements Value: $193,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 1994
  • Current Sale Recording Date: Sep 30, 1994
  • Current Sale Transaction ID: 1004461305
  • Current Sale Price: $135,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 1994-056850

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Sep 30, 1994
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2024

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Frequently Asked Questions

What neighborhood is 616 Bayview Lane located in?
The 616 Bayview Lane 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 616 Bayview Lane?
The average sales price for units in 616 Bayview Lane is $0 currently.

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