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581 Drake Drive

581 Drake Drive, Santa Maria, CA 93455
Sold Jun 19, 2007
$340,000
$323,000 by Bank Of America Na
Mortgage Due Jul 01, 2047
581 Drake Drive has been categorized by the local assessors in Santa Maria, CA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 581 Drake Drive has 2,034 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 880 ft. The area measurement of the land has been determined as 8,712 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 581 Drake Drive was last sold in Apr 2, 2007 for $340,000. According to our calculations, that's $167.16 per sqft. Current property owners are expected to pay $5,906 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 581 Drake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $437,822. To break that down further, the land itself was valued at $309,055. While improvements to the property were assessed at a total of $128,767. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,034
  • Building Area: 2,034
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLER PARK MAJESTIC NO. 3
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALLER PARK MAJ UNIT 3 LOT 164

Ownership

  • Current Owner : BOLUSAN DOROTHY
  • Current Owner 2: BOLUSAN BOB
  • Previous Owner : CASTRO ANTONIO L
  • Previous Owner 2: CASTRO TABITHA L

Neighborhood

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

Zoning

  • Zoning: 8R1

Geography

  • Assessors Map Reference: 184-F5
  • Parcel: 109-070-033
  • Lot: 164
  • Municipality: ORCUTT COUNTY
  • Latitude: 34.9016
  • Longitude: -120.429

    Address

  • Full Address: 581 Drake Dr
  • Address - House Number: 581
  • Address - Street Name: Drake
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Santa Maria
  • Carrier Code: C060
  • 4-Digit Zip Code: 2343
  • Zip Code: 93455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,906
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 80-041

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 544,124
  • High Value: 640,838
  • Low Value: 447,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 19, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $323,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,822
  • Assessed Land Value: $309,055
  • Assessed Improvements Value: $128,767

    Sales

  • Current Sale Contract Date: Apr 02, 2007
  • Current Sale Recording Date: Jun 19, 2007
  • Current Sale Transaction ID: 1079075397
  • Current Sale Price: $340,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2007-0045117

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 19, 2007
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Waller Park Majestic



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 581 Drake Drive located in?
The 581 Drake Drive is a located in the neighborhood of Waller Park Majestic in Waller Park Majestic, Santa Maria.
What is the average sales price for listings in 581 Drake Drive?
The average sales price for units in 581 Drake Drive is $0 currently.

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