9 days on rocket

Sale Pending

502 May St, Arroyo Grande, CA, 93420

$1,179,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,009 SqFt
$587/SqFt
House
Schools Nearby

Location

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502 May St, Arroyo Grande$1,179,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Faces Front, Garage, Private, One Space
Attached Garage2 spaces
Year Built1990
HeatingCentral, Forced Air
CoolingNone
WaterfrontCreek
FireplaceNone
ViewNeighborhood, Trees/Woods
MLS #PI24082159
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 502 May St

Nestled in a quiet cul-de-sac that is both private and serene, near the picturesque Arroyo Grande Village, this delightful split level home offers 4 bedrooms, 2.5 baths, and a warm, welcoming ambiance. The upper level features primary suite and an open-concept layout, seamlessly connecting the living, dining, and kitchen areas, making it perfect for both everyday living and entertaining. From the living area you can access two outdoor decks great for dining al fresco or reading the morning paper. Downstairs, the well-proportioned bedrooms provide comfortable retreats along with a full size bath and indoor laundry space. The seprate laundry room has it's own half bath and access to the outside for a full mudroom effect. Unload your groceries on the garage level and transport them directly to the kitchen pantry via the built-in dumbwaiter. The beautifully landscaped mature yard offers a peaceful haven for relaxation and outdoor gatherings. This lot has an additional private parking area situated next to a walking path that connects to Crown Terrace making for a very short walk to the Village. With its proximity to the village's charming shops, eateries, and green spaces, this home presents an ideal opportunity to embrace the coveted Arroyo Grande lifestyle. Don't miss out on the chance to call this enchanting property your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1990
  • Stories: 2
  • Living Area: 2,009 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (805) 779-7800
  • Listing Agent: Sarah Oates

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Wood
  • Interior: Balcony, Ceiling Fan(s), Dumbwaiter, Living Room Deck Attached, Pantry, Pull Down Attic Stairs, Stone Counters, Recessed Lighting, Storage, Tile Counters, Bedroom on Main Level, Walk-In Pantry
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Creek
  • View: Neighborhood, Trees/Woods
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Faces Front, Garage, Private, One Space

Lot Features

Lot Information:

  • Lot: Back Yard, Irrigation System, Front Yard, Garden, Gentle Sloping, Irregular Lot, Landscaped, Trees
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From 227 turn on Le Point. Turn Right on McKinley & left on May St. Last home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,179,000
  • Price Per SqFt: $587/SqFt

Tax Information:

  • Annual Amount: $4,195
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Arroyo Grande, CA.

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Arroyo Grande, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$525

Avg. Days On Market

17

# of Sold Homes

18

502 May St vs Arroyo Grande

9 DAYS ON ROCKET

-8 Days

$1,179,000

+$141.5K More

$587/SqFt

+$61 More

KEY TAKEAWAY

This property is $141.5K more than the Median Sold Price and $61/SqFt more than other homes in Arroyo Grande, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PI24082159

Listing Office:

  • Office Name: Compass
  • Office Phone: (805) 779-7800
  • Listing Agent: Sarah Oates

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 11:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 1994Home Sold
$250,000
Feb 13, 1991Home Sold
$263,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,195$392,528
2020$4,145$388,505
2019$4,063$380,888
2018$4,064$373,421
2017$3,995$366,100

History based on county public records data.

Payment Calculator

$5,952

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,601

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6436878
6
/10

  • Harloe Elementary School

  • 901 Fair Oaks Ave

  • 1.39 miles

  • Public District Grades KG-6

school-card-donut-6436879
8
/10

  • Ocean View Elementary School

  • 1208 Linda Dr

  • 1.40 miles

  • Public District Grades KG-6

school-card-donut-6436880
5
/10

  • Fairgrove Elementary School

  • 2101 The Pike

  • 2.34 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,507. Residents of Arroyo Grande, CA typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 May St

What is the listing price of this property?

The listing price of 502 May St property is $1,179,000.

What type of property is this?

The property 502 May St is a house located in Arroyo Grande, California, 93420.

Is this property for sale now?

Sale Pending: 502 May St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,195 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 31, 1994 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 May St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 502 May St is 2,009 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 May St is 1990.

Rocket Homes›California›San Luis Obispo County›Arroyo Grande›93420›502 May St

This home is located at 502 May St in Arroyo Grande, CA and zip code 93420. This 2,009 square foot home, which was built in 1990, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,179,000.

In April 2024 more than 9 listings in Arroyo Grande, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. The number of listings in Arroyo Grande, CA decreased by 3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,037,500, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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