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656 Bayview Lane

656 Bayview Lane, Arroyo Grande, CA 93420
Sold Feb 21, 2020
$1,030,000
$824,000 by Home Point Financial Corporati
Mortgage Due Mar 01, 2050
Sold Feb 21, 2001
$240,000
656 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 2002 and is 22 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 656 Bayview Lane has 2,753 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 10,890 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. The inside of the home is being cooled with no 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 water system. The building on the property is connected to a sewer system. 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, 656 Bayview Lane was last sold in Jan 17, 2020 for $1,030,000. According to our calculations, that's $374.14 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Feb 13, 2001. Current property owners are expected to pay $11,281 in taxes per year. The property on 656 Bayview Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,082,711. To break that down further, the land itself was valued at $630,706. While improvements to the property were assessed at a total of $452,005. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,753
  • Gross Building Area: 2,753
  • Building Area: 2,753
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,753
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 2337
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR 2337 LT 3 LESS 50% M/R

Ownership

  • Current Owner : MURRAY THOMAS
  • Previous Owner : LOY RICHARD W
  • Previous Owner 2: LOY CAROL L
  • Owner Before Previous Owner: RUSS RICHARD W
  • Owner Before Previous Owner 2: RUSS DAWN L
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Subdivision Tract Number: 2337
  • Parcel: 075-162-054
  • Lot: 3
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.0811
  • Longitude: -120.589

    Address

  • Full Address: 656 Bayview Ln
  • Address - House Number: 656
  • 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: $11,281
  • Tax Rate Code Area: 052-013

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 1,517,370
  • High Value: 1,828,271
  • Low Value: 1,206,469

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,525,500
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Feb 21, 2020
  • First Open Lien Mortgage Loan Amount: $824,000
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Second Open Lien Mortgage Recording Date: Apr 19, 2021
  • Second Open Lien Mortgage Loan Amount: $701,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,082,711
  • Assessed Land Value: $630,706
  • Assessed Improvements Value: $452,005

    Sales

  • Current Sale Contract Date: Jan 17, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11737529654
  • Current Sale Price: $1,030,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020008570
  • Previous Sale Recording Date: Feb 21, 2001
  • Previous Sale Contract Date: Feb 13, 2001
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 656 Bayview Lane located in?
The 656 Bayview Lane is a house located in the neighborhood of San Luis Obispo in San Luis Obispo, Arroyo Grande.
What is the average sales price for listings in 656 Bayview Lane?
The average sales price for units in 656 Bayview Lane is $0 currently.

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