NOT LISTED FOR SALE

1062 K St San Miguel, CA 93451

San Miguel Neighborhood

Estimated Value: $865,000 - $931,000

8 Beds
4 Baths
3,024 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $427,500 $141 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,285/month

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Paved or Partially Paved Lot
  • 3-minute walk to San Miguel Community Park
  • Paso Robles High School Rated A-

About This Home

As of July 2015

Marketing Remarks: Rare find...well maintained 4 unit complex to be sold with 1062 K St, which is also a 4 plex that offers the same floor plan. (Both buildings share a common patio. The property line runs down the middle of the common patio.) 1052 has a coin operated washer and dryer that serves all 8 units. Each unit has w/w carpeting, refrig, stove, an air conditioner and private parking. (Dishwashers have been disconnected.)Listing price is based upon a recent Doug Barth appraisal. Seller seeks buyer cooperation (no cost to buyer) in order to complete a 1031 exchange. Buyer must be pre-approved through a qualified lender and have proof of funds.

Last Agent to Sell the Property

Richard Waldman

Luis West Financial, Inc. Nbm Listed on: 05/19/2015

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1986

Lot Details

  • 7,501 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • 3,024 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Parking

  • Private Parking
  • On-Street Parking
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 021302003

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $34,103
  • Net Operating Income $20,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,262

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Subdivision Name Other: PR San Miguel-Town(200)
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 021302003
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 141.37

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: No
  • Parking Features: On Site, Private, Street

Utilities

  • Heating Type: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 34103.00
  • Lot Size Area: 0.1700 Acres
  • Net Operating Income: 20656.00
  • Number Of Units Total: 4
  • Operating Expense: 13447.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 1, 2015
Sold by
Waldman Richard D and Waldman Linda Jo
Bought by
Raycor Llc
Seller's Agent
Richard Waldman
Luis West Financial, Inc. Nbm
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$450,000
Sold Price
$427,500
Premium/Discount to List
-$22,500
-5%
Current Estimated Value
$885,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,500

Purchase Details

Closed on
Jan 24, 2003
Sold by
Waldman Richard D and Waldman Linda Jo
Bought by
Waldman Richard D and Waldman Linda Jo
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raycor Llc $855,500 First American Title Company
Waldman Richard D -- Chicago Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $427,500 -5.0% $141 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $450,000 -- $149 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,262 $506,304 $118,377 $387,927
2024 $5,338 $496,377 $116,056 $380,321
2023 $5,338 $486,645 $113,781 $372,864
2022 $5,522 $477,103 $111,550 $365,553
2021 $5,418 $467,749 $109,363 $358,386
2020 $5,365 $462,954 $108,242 $354,712
2019 $5,265 $453,877 $106,120 $347,757
2018 $5,166 $444,979 $104,040 $340,939
2017 $5,164 $436,254 $102,000 $334,254
2016 $4,962 $427,700 $100,000 $327,700
2015 $2,915 $238,595 $60,016 $178,579
2014 -- $233,922 $58,841 $175,081
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Richard Waldman

    Luis West Financial, Inc. Nbm

  • N

    Buyer's Agent in 2015

    Nonmember Nonmember

    Nonmember Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1055285

California Regional Multiple Listing Service (CRMLS)

APN: 021-302-003

California San Luis Obispo County San Miguel 93451 San Miguel

1062 K St, San Miguel, CA

This home is located at 1062 K St, San Miguel, CA 93451 since 19 May 2015 and is currently estimated at $898,000, approximately $296 per square foot. This property was built in 1986. 1062 K St is a home located in San Luis Obispo County with nearby schools including Paso Robles High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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