NOT LISTED FOR SALE

112 Myrtlewood Dr Paso Robles, CA 93446

Estimated Value: $864,000 - $1,004,508

6 Beds
5 Baths
2,752 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $630,000 $229 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,576/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Paso Robles High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2018

Great Paso Robles investment property! Nice 3 unit building with 3 single car garages and additional parking. All have private entry's and community laundry area. Two units contains 2 bedrooms, 1.5 baths, and a 2 bedroom 1 bath unit. Central Forced Heat + Air. One unit has nice size rear yard. The total rents are currently $3,350. However, rents are low and could be increased closer to market rent of $4200. The building is set up with 2 downstairs units and 1 upstairs unit.

Last Agent to Sell the Property

Betty Stelzl

RE/MAX Parkside Real Estate License #00772250 Listed on: 04/27/2018

RE/MAX Parkside Real Estate

Last Buyer's Agent

Cheri York

Home & Ranch Sotheby's Intl License #01127695

Home & Ranch Sotheby's Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 1985

Lot Details

  • 6,404 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 009755004

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,100
  • Water Sewer Expense $2,774
  • New Taxes Expense $7,500
  • Operating Expense $12,474
  • Gross Income $40,200
  • Net Operating Income $36,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,813

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: PR City Limits East(110)
  • View: No
  • Water Sewer Expenses: 2774.00
  • Zoning: R3
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 009755004
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 228.92
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street
  • Lot Size Sq Ft: 6404.00

Multi Family

  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 36226.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3974.00
  • Rent Control: No
  • Total Expenses: 12474.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 102.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2019
Sold by
Warwick Linda S
Bought by
Warwick Linda S and Linda Warwick Family Trust
Current Estimated Value
$936,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$375,902
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$560,225

Purchase Details

Closed on
Dec 26, 2018
Sold by
Warwick Linda S
Bought by
Warwick Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$375,902
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$560,225

Purchase Details

Closed on
Sep 12, 2018
Sold by
Warwick Linda
Bought by
Warwick Linda S and The Linda Warwick Avalon Famil

Purchase Details

Closed on
Oct 13, 2015
Sold by
Todd Darryl V
Bought by
Todd Darryl V and Todd Manulani T

Purchase Details

Closed on
Jul 28, 2015
Sold by
Todd Manulani T
Bought by
Todd Darryl V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1997
Sold by
Todd Phyllis J
Bought by
Todd Lorin

Purchase Details

Closed on
Jan 17, 1997
Sold by
Gibson Jeanne
Bought by
Thompson Arnold B

Purchase Details

Closed on
Dec 6, 1995
Sold by
Thompson Terry Ann
Bought by
Thompson Arnold B

Purchase Details

Closed on
Nov 4, 1995
Sold by
Thompson Arnold B and Thompson Terry Ann
Bought by
Thompson Arnold B and Thompson Terry Ann
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
Warwick Linda S -- None Available
Warwick Linda S -- First American Title Santa
Warwick Linda S -- None Available
Todd Darryl V -- None Available
Todd Darryl V -- Fidelity National Title Co
Todd Lorin -- First American Title Ins Co
Todd Lorin $1,000 First American Title Ins Co
Thompson Arnold B -- First American Title Ins Co
Thompson Arnold B -- --
Thompson Arnold B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warwick Linda S $425,000
Closed Todd Darryl V $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $630,000 0.0% $229 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $629,900 -- $229 / 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 $7,813 $716,825 $284,454 $432,371
2024 $7,686 $702,771 $278,877 $423,894
2023 $7,686 $688,992 $273,409 $415,583
2022 $7,571 $675,484 $268,049 $407,435
2021 $7,442 $662,241 $262,794 $399,447
2020 $7,341 $655,452 $260,100 $395,352
2019 $7,237 $642,600 $255,000 $387,600
2018 $2,060 $181,762 $57,243 $124,519
2017 $1,937 $178,199 $56,121 $122,078
2016 $1,899 $174,706 $55,021 $119,685
2015 $1,892 $172,083 $54,195 $117,888
2014 $1,826 $168,713 $53,134 $115,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS18099857

California Regional Multiple Listing Service (CRMLS)

APN: 009-755-004