$728,000
SOLD NOV 26, 2024

1185 E Foothill Blvd Unit 5 San Luis Obispo, CA 93405

Santa Rosa Neighborhood
2 Beds
2 Baths
1,218 Sq Ft
$554/mo HOA Fee

Recently Sold

$598 Per Sq Ft

1% Below List Price

77 Days on Market

Highlights

  • No Units Above
  • Main Floor Primary Bedroom
  • Home Office
  • Bishop's Peak Elementary School Rated A
  • Loft
  • 2 Car Attached Garage

About This Home

As of November 2024

This stunning condo combines convenience, style, and comfort while only being a block away from Cal Poly's campus. Perfect for students and investors, this property ensures you're never far from the action. Situated in the highly desirable Pine Creek community, this freshly updated condo is ready for new owners and tenants.

With 2 bedrooms, 2 bathrooms, an office/den, and a loft, this condo provides ample space for all your needs. Freshly painted walls amplify the natural light that pours into the kitchen, den, living room, and dining area.

Featuring luxury vinyl plank flooring in most rooms, maintenance is a breeze. Easy-access stairs lead to the functional loft. All appliances are included, even the newer washer and dryer, making moving in effortless. The first-floor bedroom opens to a small private backyard, perfect for a quiet retreat. The main level houses the second bedroom, a full bathroom, kitchen, den, living room, and a balcony, along with stairs leading to the third-floor loft.

Close proximity to Cal Poly University guarantees high rental demand and low vacancy rates, offering one of the best return on investments in town. Currently rented through June 30th, 2025, at $4200/month, this condo is a lucrative opportunity. The tandem carport accommodates two cars, and each condo receives one parking pass for additional parking in the shared lot.

Offering a prime location near Cal Poly University, spacious and stylish living areas, and modern conveniences, this condo is ideal whether you're a student seeking a convenient home base or an investor looking for high returns. Don’t miss the chance 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: 07/23/2024

Last Buyer's Agent

Kristie Barry

Richardson Sotheby's International Realty License #02085770

Richardson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,023

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,218 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Home Office
  • Loft

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1213
  • Assessor Parcel Number 052184005

Community Details

Overview

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

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,023

Year Built

Built in 1986

Lot Details

0

HOA Fees

$554 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: No
  • Zoning: R4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 052184005
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1218.00 Square Feet
  • Stories: 3
  • Entry Location: 1st floor
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • 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: 597.70
  • Room Type: Den, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Office

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Management, Guard
  • 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, Gutters
  • Association Management: REG Management

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1218.00
  • Lot Size Acres: 0.0280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1218.0000 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
Jul 23, 2024
Closed on
Oct 11, 2024
Sold by
Hoehn Family Trust and Hoehn Ricky A
Bought by
Mcgrath Ken and Mcgrath Maria Sabina
Seller's Agent
Clint Nunes
Triad Real Estate Group
Buyer's Agent
Kristie Barry
Richardson Sotheby's International Realty
List Price
$735,000
Sold Price
$728,000
Premium/Discount to List
-$7,000
-0.95%
Total Days on Market
77
Views
69
Current Estimated Value
$750,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,224
Avg. Annual Appreciation
6.07%
Original Mortgage
$367,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2015
Closed on
Feb 2, 2015
Sold by
Efutich John T and Efutich Lynn M
Bought by
The Hoehn Family Trust
Seller's Agent
Lynn Neal
RE/MAX Success
Buyer's Agent
Clint Nunes
Triad Real Estate Group
List Price
$389,000
Sold Price
$389,700
Premium/Discount to List
$700
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Jun 15, 2007
Sold by
Olson Shaun O
Bought by
Efutich John T and Efutich Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2007
Sold by
Olson Eric and Olson Donna
Bought by
Olson Shaun O

Purchase Details

Closed on
Jul 16, 2003
Sold by
Olson Margaret J Brown
Bought by
Olson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Piper Robert A and Piper Barbara N
Bought by
Olson Shaun Olaf and Olson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2000
Sold by
Piper Robert A and Piper Barbara N
Bought by
Piper Robert A and Piper Barbara N

Purchase Details

Closed on
Mar 21, 2000
Sold by
Hansen Adrienne L
Bought by
Piper Robert A and Piper Barbara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.83%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Walch Steven M
Bought by
Hansen Adrienne L
Source: Public Records

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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 $728,000 Fidelity National Title
Grant Deed $390,000 Fidelity National Title Co
Grant Deed $460,000 Fidelity National Title Co
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Fidelity Title Company
Grant Deed $359,000 Fidelity Title Company
Interfamily Deed Transfer -- --
Grant Deed $210,000 Fidelity National Title Co
Grant Deed $141,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $367,500 New Conventional
Previous Owner $350,001 New Conventional
Previous Owner $368,000 Purchase Money Mortgage
Previous Owner $15,000 Credit Line Revolving
Previous Owner $323,500 Fannie Mae Freddie Mac
Previous Owner $322,000 Purchase Money Mortgage
Previous Owner $168,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $728,000 -1.0% $598 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $735,000 +88.6% $603 / Sq Ft
02/20/2015 02/20/15 Sold $389,700 +0.2% $320 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $389,000 -- $319 / 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 $5,023 $459,168 $235,654 $223,514
2023 $5,023 $450,166 $231,034 $219,132
2022 $4,710 $441,340 $226,504 $214,836
2021 $4,633 $432,687 $222,063 $210,624
2020 $4,585 $428,252 $219,787 $208,465
2019 $4,537 $419,856 $215,478 $204,378
2018 $4,448 $411,624 $211,253 $200,371
2017 $4,361 $403,554 $207,111 $196,443
2016 $4,274 $395,642 $203,050 $192,592
2015 $4,209 $389,700 $210,000 $179,700
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: SC24150742

California Regional Multiple Listing Service (CRMLS)

APN: 052-184-005