$721,000
SOLD JUL 29, 2024

1185 E Foothill Blvd Unit 36 San Luis Obispo, CA 93405

Santa Rosa Neighborhood
2 Beds
2 Baths
1,238 Sq Ft
$554/mo HOA Fee

Recently Sold

$582 Per Sq Ft

1% Below List Price

Highlights

  • No Units Above
  • Dual Staircase
  • Loft
  • Bishop's Peak Elementary School Rated A
  • Main Floor Bedroom
  • Home Office

About This Home

As of July 2024

Nestled just a stone's throw away from Cal Poly University, this exquisite condo offers the perfect blend of convenience, style, and comfort. Ideal for students, investors, and professionals alike, this property ensures you're never far from the action. Located in the highly desirable Pine Creek community, this rare end unit is ready for new owners and tenants.

This condo boasts 2 bedrooms, 2 bathrooms, an office/den, and a loft, providing plenty of space for all your needs. Luxury vinyl plank flooring and tile throughout ensures low maintenance, and the easy-access stairs to the loft add to the unit's functionality. The kitchen, den, living room, and dining area benefit from additional windows, thanks to the end unit location, which also offers only one shared wall for added privacy.

All appliances are included, even the new washer and dryer, making moving in a breeze. The first-floor bedroom has easy access to a small private backyard, perfect for a quiet retreat. The main level includes the second bedroom, a full bathroom, kitchen, den, living room, and a balcony, along with stairs leading to the loft on the third floor.

Proximity to Cal Poly University ensures high rental demand and low vacancy rates, providing one of the best return on investments in town. These units typically rent for $4000-$4500 per month, with students eager to sign leases months in advance. The tandem carport accommodates two cars, and each condo receives one parking pass for additional parking in the shared lot.

This condo offers a prime location close to Cal Poly University, spacious and stylish living areas, and modern conveniences. Whether you're a student looking for a convenient home base, an investor seeking high returns, this condo ticks all the boxes.

Don't miss the opportunity to make this exceptional condo your new home or investment property.

Last Agent to Sell the Property

Clint Nunes

Triad Real Estate Group Brokerage Phone: 805-328-4676 License #01954616 Listed on: 06/29/2024

Last Buyer's Agent

Courtney Huckabay

License #01844477

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is 31-35 Units/Acre

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Fire Rated Drywall

Interior Spaces

  • 1,238 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Living Room
  • Home Office
  • Loft
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1213
  • Assessor Parcel Number 052184036

Community Details

Overview

  • 36 Units
  • Pine Creek Association, Phone Number (805) 541-6664
  • Reg Management HOA
  • San Luis Obispo Subdivision

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,155

Year Built

Built in 1986

Lot Details

0

HOA Fees

$554 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All Appliances
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: No
  • Zoning: R4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 052184036
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1238.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony
  • Stories: 3
  • Entry Location: 1st floor
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 582.39
  • Room Type: Den, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Office

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Management, Security
  • Association Fee: 554.00
  • Association Fee Frequency: Monthly
  • Association Name: Pine Creek
  • Phone: 805-541-6664
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: REG Management

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 1238.00
  • Lot Size Acres: 0.0284
  • Latitude Manual: 35.29422200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1238.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Census Tract: 109.02
  • Tax Lot: 1
  • Tax Tract Number: 1213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Jul 9, 2024
Sold by
Hoehn Family Trust and Hoehn Walter Jay
Bought by
Zarehbin Family Trust and Zarehbin
Seller's Agent
Clint Nunes
Triad Real Estate Group
Buyer's Agent
Courtney Huckabay
List Price
$725,000
Sold Price
$721,000
Premium/Discount to List
-$4,000
-0.55%
Total Days on Market
0
Views
2
Current Estimated Value
$741,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,292
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Shapiro Ronald Alan and Shapiro Robin Iris
Bought by
The Hoehn Family Trust

Purchase Details

Closed on
May 1, 2006
Sold by
Shapiro Ronald Alan and Shapiro Robin Iris
Bought by
Shapiro Ronald Alan and Shapiro Robin Iris

Purchase Details

Closed on
Jun 21, 2005
Sold by
Shapiro Ronald Alan and Shapiro Robin Iris
Bought by
Shapiro Ronald Alan and Shapiro Robin Iris

Purchase Details

Closed on
Mar 18, 2005
Sold by
Ritchie James D and Ritchie Susan V
Bought by
Shapiro Ronald Alan and Shapiro Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,930
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2001
Sold by
Ritchie James D and Ritchie Susan V
Bought by
Ritchie Intervivos Trust

Purchase Details

Closed on
Mar 31, 1998
Sold by
Diepersloot Pete J and Diepersloot Ila M
Bought by
Ritchie James D and Ritchie Susan V
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $721,000 Chicago Title
Grant Deed $400,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $72,500 --
Grant Deed $470,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $147,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $328,930 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $721,000 -0.6% $582 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $725,000 -- $586 / 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
2024 $5,155 $471,306 $247,436 $223,870
2023 $5,155 $462,066 $242,585 $219,481
2022 $4,833 $453,007 $237,829 $215,178
2021 $4,754 $444,125 $233,166 $210,959
2020 $4,705 $439,572 $230,776 $208,796
2019 $4,656 $430,953 $226,251 $204,702
2018 $4,565 $422,504 $221,815 $200,689
2017 $4,475 $414,220 $217,466 $196,754
2016 $4,386 $406,099 $213,202 $192,897
2015 $4,320 $400,000 $220,000 $180,000
2014 $3,174 $313,000 $175,000 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24133486

California Regional Multiple Listing Service (CRMLS)

APN: 052-184-036