Score
0Santa Maria, CA
301 Crescent Ave
715K
3 beds
2 baths
1,499 sqft
3 bd • 2 ba • 1,499 sf
Educational Use Only — NOT an appraisal or professional advice. — NOT professional advice. See terms
List Price
$715,000
Price/Sq.Ft
$477
Year Built
1980
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
The property at 301 Crescent Ave boasts several attractive features. At $476.98/sqft, it's priced competitively compared to the Santa Maria average of $485/sqft for similar homes. The 1,499 sqft layout is spacious and well-utilized, with the conversion of a fourth bedroom into a custom walk-in closet adding a touch of luxury. The home has appreciated significantly, showing a 36.2% increase since its last sale in 2021, outperforming the local market average of 25% over the same period. The backyard is a standout feature with a jacuzzi, pergola, and diverse fruit orchard, adding both aesthetic and practical value. RV parking with 50-amp service is a rare amenity that expands the property's versatility. The home's location near Pine Grove Elementary School (rated 8/10) is excellent for families. Climate risk is generally low, with minimal flood (1/10) and wind (1/10) risks, potentially leading to lower insurance premiums.
The Bad
While the property has many positives, there are some concerns. The fire risk is major (5/10) and the air quality risk is significant (6/10), which could lead to higher insurance costs and potential health concerns. The home's age (built in 1980) suggests potential for upcoming major system replacements. The estimated insurance cost of $2,574/year is relatively high, likely due to the fire risk. The property lacks central air conditioning, relying on ceiling fans, which may be inadequate during hotter months. The local school options for higher grades are less impressive, with Orcutt Junior High and Ernest Righetti High School rated 5/10 and 6/10 respectively.
The Ugly
The most concerning aspect is the major fire risk (5/10), which not only increases insurance costs but also poses a significant safety concern. The high air quality risk (6/10) with 8 bad air days per year could be problematic for residents with respiratory issues. The property's appreciation rate, while positive, may not be sustainable long-term, potentially leading to market volatility. The lack of central air conditioning in a region that experiences up to 7 hot days per year (with temperatures reaching 87°F) could necessitate a costly HVAC installation in the future. The home's age (43 years) suggests that major systems (plumbing, electrical, roofing) may need replacement in the near future, potentially costing $20,000-$40,000.
Who is this property for?
These details are presented solely for educational purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for:
1. Families with young children, given the proximity to a highly-rated elementary school and the spacious backyard.
2. Buyers with household incomes around $180,000-$200,000, based on the purchase price and estimated monthly costs.
3. RV owners or those needing extra parking space, due to the dedicated RV parking area.
4. Gardening enthusiasts or those interested in sustainable living, given the established fruit orchard.
5. Buyers looking for a move-in ready home with recent updates and luxury touches like the custom walk-in closet.
6. Those who prioritize outdoor living spaces, with the jacuzzi and pergola offering great entertainment potential.
Not For
This property is not ideal for:
1. Buyers on a tight budget, given the $715,000 price tag and potential for high maintenance costs.
2. Those with severe respiratory issues, due to the high air quality risk.
3. Investors looking for high rental yields, as the purchase price may limit rental profitability.
4. Families with older children, given the lower-rated options for junior high and high schools.
5. Buyers seeking new construction or extremely energy-efficient homes.
6. Those who require central air conditioning without additional investment.
7. Risk-averse buyers concerned about potential natural disasters, particularly wildfires.
Demographics
Area Median Income
$99,418
Property History
Price History
Ownership Timeline
$525,000Financed
May 27, 2021Robert C Fox, Julia A FoxRobert Fox, Lauren Fox
Grant Deed
Standard Sale (Purchase/Resales)
$0Financed
May 9, 2017Robert C Fox, Julia A FoxRobert C Fox, Julia A Fox
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Feb 23, 2011Robert Clifford Fox, Julia A FoxRobert Clifford Fox, Julia A Fox
Intrafamily Transfer
Non-Arm's Length Transactions
$479,000Financed
Nov 3, 2004Charlotte L Hurnblad, Hurnblad Family TrustRobert Clifford Fox, Julia A Fox
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 1, 1970Jack Warren Hurnblad Sr, Charlotte L HurnbladJack W Hurnblad Sr, Charlotte L Hurnblad
Intrafamily Transfer
Non-Arm's Length Transactions
Property Taxes
$7,224
2024 Tax Assessment
1.5%from previous year
Assessed Value$557,134
Tax Rate1.30%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Middle
5.0/10
AverageHigh
6.0/10
GoodFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$2,200
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$715,000
Price/sqft
$477
Layout
3 bd•2 ba
Days on market
7 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$689,833
3.6%
Your price is 3.6% above average
Median Price
$699,000
2.3%
Based on 6 recent sales
Price per Sq.Ft
$459
3.9%
Your price is 3.9% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1133 George Drive, Santa Maria, CA 93455 | $650,000 | 1,264 | 3 | 2 | $5147.8% | 11/27/2024 |
| 1133 George Drive, Santa Maria, CA 93455 | $650,000 | 1,264 | 3 | 2 | $5147.8% | 11/27/2024 |
| 1147 Patterson Road, Santa Maria, CA 93455 | $749,000 | 1,726 | 4 | 2 | $4349.0% | 11/15/2024 |
| 1147 Patterson Road, Santa Maria, CA 93455 | $749,000 | 1,726 | 4 | 2 | $4349.0% | 11/14/2024 |
| 1137 Via Alta, Santa Maria, CA 93455 | $699,000 | 1,429 | 3 | 2 | $4892.6% | 9/15/2024 |
| 564 Hartnell Road, Santa Maria, CA 93455 | $642,000 | 1,742 | 3 | 2 | $36922.7% | 10/26/2024 |
1133 George Drive, Santa Maria, CA 93455
Price: $650,000
Sq.Ft: 1,264
Beds/Baths: 3/2
$/Sq.Ft:
$5147.8%
Sale Date: 11/27/2024
1133 George Drive, Santa Maria, CA 93455
Price: $650,000
Sq.Ft: 1,264
Beds/Baths: 3/2
$/Sq.Ft:
$5147.8%
Sale Date: 11/27/2024
1147 Patterson Road, Santa Maria, CA 93455
Price: $749,000
Sq.Ft: 1,726
Beds/Baths: 4/2
$/Sq.Ft:
$4349.0%
Sale Date: 11/15/2024
1147 Patterson Road, Santa Maria, CA 93455
Price: $749,000
Sq.Ft: 1,726
Beds/Baths: 4/2
$/Sq.Ft:
$4349.0%
Sale Date: 11/14/2024
1137 Via Alta, Santa Maria, CA 93455
Price: $699,000
Sq.Ft: 1,429
Beds/Baths: 3/2
$/Sq.Ft:
$4892.6%
Sale Date: 9/15/2024
564 Hartnell Road, Santa Maria, CA 93455
Price: $642,000
Sq.Ft: 1,742
Beds/Baths: 3/2
$/Sq.Ft:
$36922.7%
Sale Date: 10/26/2024
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