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864 Covey Lane

864 Covey Lane, Santa Maria, CA 93455
Property in Santa Barbara
Sold Dec 17, 2021
$449,000
$359,200 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2052
Sold Dec 14, 2018
$275,000
$192,500 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2049
864 Covey Lane in Santa Maria, CA was first built in 1986 and is 38 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 864 Covey Lane has 1,248 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 5,227 square feet.

Learn more about the property and building on this page. 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. 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, 864 Covey Lane sold most recently in Dec 1, 2021 for a total of $449,000. If you work out the math, that's approximately a cost of $359.78 per sqft. Before that, the property was also sold for $275,000 in Nov 27, 2018. 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 $5,841 in taxes each year. The initial year of tax delinquency occurred in 2022. 864 Covey Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $457,980. If we break it down further, the land itself was valued at $204,000. Improvements to the property, however, were assessed at a total of $253,980. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 13
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP 125 PG 35 LOT 23

Ownership

  • Current Owner : MIRELES ARTHUR L
  • Current Owner 2: ALM NANCY LEE
  • Previous Owner : COX DELANY KRISTA
  • Owner Before Previous Owner: SHEEHY MARIE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Orcutt Union Elementary School District
  • Census Tract: 002015

Geography

  • Assessors Map Reference: 184-F5
  • Parcel: 109-220-023
  • Lot: 23
  • Municipality: CITY OF SANTA MARIA CITY
  • Latitude: 34.8996
  • Longitude: -120.422

    Address

  • Full Address: 864 Covey Ln
  • Address - House Number: 864
  • Address - Street Name: Covey
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Santa Maria
  • Carrier Code: C054
  • 4-Digit Zip Code: 2460
  • Zip Code: 93455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,841
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 03-065

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 504,685
  • High Value: 601,374
  • Low Value: 407,997

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $359,200
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,980
  • Assessed Land Value: $204,000
  • Assessed Improvements Value: $253,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11874516568
  • Current Sale Price: $449,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0085843
  • Previous Sale Recording Date: Dec 14, 2018
  • Previous Sale Contract Date: Nov 27, 2018
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $359,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Dec 14, 2018
  • Previous Mortgage Loan Amount: $192,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Santa Maria



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Frequently Asked Questions

What neighborhood is 864 Covey Lane located in?
The 864 Covey Lane is a located in the neighborhood of Santa Barbara in Santa Maria, Santa Maria.
What is the average sales price for listings in 864 Covey Lane?
The average sales price for units in 864 Covey Lane is $0 currently.

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