NOT LISTED FOR SALE

120 3rd St Templeton, CA 93465

Estimated Value: $916,627 - $1,255,000

4 Beds
2 Baths
2,096 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $690,000 $329 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,096/month

3 Days on Market

Highlights

  • Walk-In Pantry
  • Double Pane Windows
  • Park
  • Templeton Elementary School Rated A-
  • Living Room
  • 2-minute walk to Templeton Park

About This Home

As of October 2020

Here is an investors dream in the highly desired town of Templeton! This beautiful two unit duplex lies just around the corner from downtown/restaurants and a short two block walk to the Templeton park for those Saturday Farmers Markets. This two story, two unit duplex is not only in the ideal location, but has been remodeled inside and out. The exterior has a fresh composition roof, fascia with rain gutters, new Milguard windows, stucco, and Trex decking to both entry ways. Starting in 2015 both interiors have had new paint, carpet, vinyl flooring, bedroom fans and more. The living room/ dinning area has vaulted ceilings that open up to a breakfast bar and kitchen. Both bedrooms and bath are on the second level. If that wasn't enough, the owner has just had the yard landscaped to make this a truly turnkey property. This type of opportunity is few and far between, so come make this amazing property yours today!

Last Agent to Sell the Property

Clinton Kuhnle

RE/MAX Parkside Real Estate License #02072356 Listed on: 08/24/2020

RE/MAX Parkside Real Estate

Last Buyer's Agent

Jessica Baker

Oaks to Ocean Real Estate License #01955079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,098

Year Built

  • Built in 1979

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • 2 Attached Carport Spaces
  • Parking Available

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,096 Sq Ft Home
  • Double Pane Windows
  • Entryway
  • Living Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 041117012

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $18,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,098

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: RMF
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 041117012
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 329.20
  • Room Type: All Bedrooms Up, Entry, Living Room, Walk-In Pantry
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 18660.00
  • Gross Scheduled Income: 18660.00
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1555.00

Tax Info

  • Tax Census Tract: 129.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 18, 2020
Sold by
Kevin Sherwin
Bought by
Mccaffrey Ryan and Mccaffrey Patrick
Seller's Agent
Clinton Kuhnle
RE/MAX Parkside Real Estate
Buyer's Agent
Jessica Baker
Oaks to Ocean Real Estate
List Price
$689,000
Sold Price
$690,000
Premium/Discount to List
$1,000
0.15%
Current Estimated Value
$1,026,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,657
Avg. Annual Appreciation
7.20%
Original Mortgage
$550,000
Outstanding Balance
$493,868
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$478,350

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 9, 2020
Sold by
Sherwin Keri
Bought by
Sherwin Kevin
Seller's Agent
Clinton Kuhnle
RE/MAX Parkside Real Estate
Buyer's Agent
Jessica Baker
Oaks to Ocean Real Estate
List Price
$689,000
Sold Price
$690,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$493,868
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$478,350

Purchase Details

Listed on
Apr 4, 2013
Closed on
May 10, 2013
Sold by
Edmunson Willard R
Bought by
Sherwin Kevin
Seller's Agent
Brett Noel
Realty Pros - A Professional Real Estate Company
Buyer's Agent
Jeff Elmerick
Horizon Realty & Property Mgt
List Price
$350,000
Sold Price
$376,000
Premium/Discount to List
$26,000
7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$338,400
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Edmunson Irene A
Bought by
Edmunson Willard R Skip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,918
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
S & I Edmunson L P
Bought by
Edmunson Willard R and Edmunson Irene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,918
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Edmunson Willard R and Edmunson Irene A
Bought by
Edmunson Willard R

Purchase Details

Closed on
Jan 16, 2006
Sold by
Edmunson Willard R and Edmunson Irene A
Bought by
S & I Edmunson Lp

Purchase Details

Closed on
Oct 24, 2003
Sold by
S & I Edmunson Lp
Bought by
Edmunson Willard R and Edmunson Irene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
S & I Edmunson Lp
Bought by
Edmunson Willard R and Edmunson Irene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 1999
Sold by
Edmunson Willard R and Edmunson Irene A
Bought by
S & I Edmunson Lp
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
Mccaffrey Ryan $690,000 Fidelity National Title
Sherwin Kevin -- Fidelity National Title Co
Sherwin Kevin $376,000 Fidelity National Title
Edmunson Willard R -- Fidelity National Title
Edmunson Willard R Skip -- None Available
Edmunson Willard R -- None Available
Edmunson Willard R -- None Available
S & I Edmunson Lp -- Public
Edmunson Willard R -- Cuesta Title Company
Edmunson Willard R -- Fidelity National Title Co
S & I Edmunson Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaffrey Ryan $550,000
Previous Owner Sherwin Kevin $338,400
Previous Owner Edmunson Willard R $165,000
Previous Owner Edmunson Willard R $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $690,000 +0.1% $329 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $689,000 +83.2% $329 / Sq Ft
06/10/2013 06/10/13 Sold $376,000 +7.4% $179 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $350,000 -- $167 / 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 $8,098 $746,877 $270,608 $476,269
2024 $7,952 $732,233 $265,302 $466,931
2023 $7,952 $717,876 $260,100 $457,776
2022 $7,799 $703,800 $255,000 $448,800
2021 $7,646 $690,000 $250,000 $440,000
2020 $4,760 $423,364 $129,485 $293,879
2019 $4,488 $415,064 $126,947 $288,117
2018 $4,400 $406,926 $124,458 $282,468
2017 $4,314 $398,948 $122,018 $276,930
2016 $4,229 $391,126 $119,626 $271,500
2015 $4,165 $385,252 $117,830 $267,422
2014 $4,011 $377,706 $115,522 $262,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20157241

California Regional Multiple Listing Service (CRMLS)

APN: 041-117-012