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$1,149,000

Beds
3
Baths
1.75
sq ft
2,066

445 Cobre Pl, Arroyo Grande, CA 93420

445 Cobre Pl

Arroyo Grande, CA 93420

  • 3 days on market
    • Open house Jan 10
As you approach this immaculately maintained home, you are greeted by an inviting outdoor sitting area overlooking a greenbelt and the hills beyond. This beautifully updated home has an open-concept kitchen, adjacent to the family room with a breakfast bar, and access to the spacious, recently renovated, backyard perfect for entertaining with room for children to run and play. In addition to the family room there is a formal living room off the entry (which could also be a game room ). There is a formal dining area, to gather family and friends. Both the family and living rooms have fireplaces to provide a cozy ambiance and warmth on those chilly winter evenings. Another highlight of the floor plan is the private and separate primary suite with a generous, completely remodeled primary bath; dual sink vanity, oversized walk-in shower and walk-in closet. Other upgrades include remote control blinds and new windows throughout most of the home. There are two guest bedrooms along with a full guest bath. Abundant natural light and open beam ceilings add to the spacious feel of this home. Situated on a quiet cul-de-sac, this tranquil property is directly across from a city owned greenbelt and just steps from Terra De Oro neighborhood park. The village of Arroyo Grande is just a mile away, with access to delightful boutiques, delicious restaurants, coffee shop, bakery and more! Jump on 101 and you are less than 10 minutes from Pismo Beach, the Pismo Preserve hiking trails and all the Central Coast has to offer. Head northeast on Huasna Road and you have Biddle Park and Lake Lopez recreation areas as well as numerous wineries. Contact your realtor to arrange a private showing.

Details

Property type

Single Family Residence

Est. home value

$1,114,807

Property condition

Updated/Remodeled

Lot size

0.2475 acres

Price per sq ft

$557

Year built

1982

HOA

No

Price History

01/04/2025
CRMLS

CRMLS #SC25001442

Listed
$1,149,000
+23.55%
03/04/2022
CRMLS

CRMLS #PI22013008

Sold
$930,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$270,118
Asking price
$1,149,000
Closing costs (~8% of asking)
-$91,920
Est. remaining loan balance
-$786,962
Cash to seller
$270,118

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

February 2022

Original loan amount

$836,990

Est. remaining balance

$786,962

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Spencer Joseph Merlo and Shayli Nicole Merlo

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?

Status: Active

Tomo last checked: 01/06/2025 at 7:30 PM

Listing updated: 01/05/2025 at 12:59 PM

Listed by: Dianne Inman, Inman Real Estate Investments Phone #: (805) 781-3444

MLS: CRMLS #SC25001442

CRMLS logo

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