tomo logo

$1,299,000

Beds
3
Baths
3.0
sq ft
2,332

342 Corralitos Rd, Arroyo Grande, CA 93420

342 Corralitos Rd

Arroyo Grande, CA 93420

  • 19 days on market
Prime location for this East Arroyo Grande home with an easy commute to San Luis Obispo or the Village of Arroyo Grande. The home sits on a private flag lot in Corralitos Canyon. The well appointed kitchen has tile floors, a large pantry and a door to the spacious front deck which is a great spot to enjoy your morning coffee. The main living area has wood floors, lots of built in storage and a wood burning fireplace. The primary bedroom is at one end of the home, has a walk in closet, attached 3/4 bath and doors leading out to the back deck with a spa. The full bath in the hallway has recently been remodeled. Upstairs is a large bonus area with a 3/4 bath. This space is perfect for a den, home office or possibly a 4th bedroom. There is a large private upstairs balcony with views of the surrounding area. There is a separate laundry room with access to the private back yard and concrete patio. The detached two car garage has epoxy floors and a separate workshop. There is also a bonus storage garage for additional storage or parking a small tractor. At the bottom of the property is a newer storage building with a metal roof. Take a hike to the top of the property to see the great views, a perfect spot to watch the evening sunset. Lots of mature landscaping with producing fruit trees.

Details

Property type

Single Family Residence

Est. home value

$1,327,984

Lot size

2.62 acres

Price per sq ft

$558

Year built

1945

Price History

09/20/2024
CRMLS

CRMLS #PI24195055

Listed
$1,299,000
+44.33%
04/23/2021
CRMLS

CRMLS #SC21041847

Sold
$900,000
+27.66%
12/09/2014
CRMLS

CRMLS #PI1046945

Sold
$705,000

Schools & Community

Elementary school: 

Branch

Middle school: 

Unknown

High school: 

Arroyo Grande

High school district: 

Lucia Mar Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$532,029
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$663,051
Cash to seller
$532,029

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$720,000

Est. remaining balance

$663,051

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kenan Marting

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/09/2024 at 4:20 PM

Listing updated: 10/09/2024 at 1:40 PM

Listed by: John Cole, Allan Real Estate Investments Phone #: (805) 473-7500

MLS: CRMLS #PI24195055

CRMLS logo

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