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925 Blue Gum Lane

925 Blue Gum Lane, Nipomo, CA 93444
Property in San Luis Obispo
Sold Aug 31, 2020
Transfer
$549,400 by Guild Mortgage Co
Mortgage Due Sep 01, 2050
Sold Sep 07, 2018
$819,000
$520,000 by Usaa Fsb
Mortgage Due Oct 01, 2048
Local assessors in Nipomo, CA have categorized 925 Blue Gum Lane as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 40,511 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 925 Blue Gum Lane has a total of 2,686 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $819,000 in Aug 3, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,075 in taxes each year. 925 Blue Gum Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $878,132. If we break it down further, the land itself was valued at $321,660. Improvements to the property, however, were assessed at a total of $556,472. 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 40,511
  • Total Building Area: 2,686
  • Gross Building Area: 2,686
  • Building Area: 2,686
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,686
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 1255
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR 1255 LT 5

Ownership

  • Current Owner : MARTIN JAMES J
  • Current Owner 2: BANGS KAREN R
  • Previous Owner : MARTIN JAMES J
  • Previous Owner 2: MARTIN KAREN R
  • Owner Before Previous Owner: GRIBBEN KENNETH R
  • Owner Before Previous Owner 2: GRIBBEN ROZALYN J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Lucia Mar Unified School District
  • Census Tract: 012404

Zoning

  • Zoning: RS

Geography

  • Subdivision Tract Number: 1255
  • Parcel: 091-421-044
  • Lot: 5
  • Municipality: OUTSIDE CITY OF ROYAL GNDE
  • Latitude: 35.037
  • Longitude: -120.517

    Address

  • Full Address: 925 Blue Gum Ln
  • Address - House Number: 925
  • Address - Street Name: Blue Gum
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Nipomo
  • Carrier Code: R006
  • 4-Digit Zip Code: 9321
  • Zip Code: 93444

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,075
  • Tax Rate Code Area: 052-046

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,199,895
  • High Value: 1,444,711
  • Low Value: 955,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $549,400
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $549,400
  • 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: $878,132
  • Assessed Land Value: $321,660
  • Assessed Improvements Value: $556,472

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Transaction ID: 11790688831
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 46739
  • Previous Sale Recording Date: Sep 07, 2018
  • Previous Sale Contract Date: Aug 03, 2018
  • Previous Sale Amount: $819,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY
  • First Mortgage Transaction Date: Aug 31, 2020
  • First Mortgage Loan Amount: $549,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Sep 07, 2018
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Nipomo



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Frequently Asked Questions

What neighborhood is 925 Blue Gum Lane located in?
The 925 Blue Gum Lane is a located in the neighborhood of San Luis Obispo in Nipomo, Nipomo.
What is the average sales price for listings in 925 Blue Gum Lane?
The average sales price for units in 925 Blue Gum Lane is $0 currently.

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