NOT LISTED FOR SALE

Estimated Value: $822,000 - $1,045,000

6 Beds
3 Baths
2,624 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $560,000 $213 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,383/month

28 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Cooling Available
  • Paso Robles High School Rated A-
  • Corian Countertops
  • Living Room

About This Home

As of May 2019

Great investment opportunity and perfect property for COST SEGREGATION. All 3 units are the same floor plan and size consisting of 2 bdrms/1bath, remodeled kitchens with white cabinets, Corian solid surface countertops, white appliances, SS sinks and neutral color linoleum floor. Bathrooms have been upgraded with Corianders vanity tops and floors that match kitchen floor. White window blinds throughout. Both upstairs units have private balcony and lower unit has a small backyard. Each unit has split pack A/C units. Deck is Trex deck flooring & approximately 8 +/- years old. 3 car garage with newer roll up doors. Each unit gets 1 garage spot. Ample street parking too. On-site coin operated laundry. Each unit has seperate electric meter. Each unit is currently rented. Clean, rented, and ready for a new owner. Please call your agent for showing instructions.

Last Agent to Sell the Property

John Chamness

Richardson Sotheby's International Realty License #01507335 Listed on: 03/08/2019

Last Buyer's Agent

Ty Christensen

Webber-Nelson Real Estate, Inc License #01470040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 1979

Lot Details

  • 6,468 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 2,624 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Baseboard Heating
  • Source of electricity is unknown
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Assessor Parcel Number 021231037

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • Electric Expense $540
  • Insurance Expense $1,300
  • Trash Expense $1,200
  • Water Sewer Expense $2,760
  • New Taxes Expense $3,809
  • Operating Expense $9,609
  • Gross Income $40,800
  • Net Operating Income $31,191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,492

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2760.00
  • Zoning: RMF
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 021231037
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Corian Counters, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 213.41
  • Room Type: Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
  • Electric: Electricity - Unknown
  • Heating Type: Baseboard
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6468.00
  • Lot Size Acres: 0.1485

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 40800.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1300.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 100.00
  • Lot Size Area: 6468.0000 Square Feet
  • Net Operating Income: 31191.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Operating Expense: 9609.00
  • Other Income Description: $100 +/- per month
  • Rent Control: No
  • Total Actual Rent: 39600.00
  • Total Expenses: 9609.00

Tax Info

  • New Taxes Expense: 3809.00
  • Tax Census Tract: 100.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 15, 2019
Sold by
Portney Jeffrey Tanner
Bought by
Isabel Carol S
Seller's Agent
John Chamness
Richardson Sotheby's International Realty
Buyer's Agent
Ty Christensen
Webber-Nelson Real Estate, Inc
List Price
$639,000
Sold Price
$560,000
Premium/Discount to List
-$79,000
-12.36%
Current Estimated Value
$884,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,355
Avg. Annual Appreciation
7.20%
Original Mortgage
$420,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jan 4, 2018
Sold by
Perron Kirk J
Bought by
Portney Jeffrey Tanner
Seller's Agent
John Chamness
Richardson Sotheby's International Realty
Buyer's Agent
John Chamness
Richardson Sotheby's International Realty
List Price
$469,900
Sold Price
$469,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$3,252,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2016
Sold by
Perron Kirk J
Bought by
Perron Kirk J
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
Isabel Carol S $560,000 Fidelity National Title Co
Portney Jeffrey Tanner $470,000 Fidelity National Title Co
Perron Kirk J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isabel Carol S $425,000
Closed Isabel Carol S $420,000
Previous Owner Portney Jeffrey Tanner $3,252,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $560,000 -6.5% $213 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $599,000 -3.2% $228 / Sq Ft
03/15/2019 03/15/19 Price Changed $619,000 -3.1% $236 / Sq Ft
03/08/2019 03/08/19 For Sale $639,000 +36.0% $244 / Sq Ft
01/31/2018 01/31/18 Sold $469,900 0.0% $179 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/28/2017 12/28/17 For Sale $469,900 -- $179 / 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 $6,492 $624,686 $290,032 $334,654
2024 $6,511 $612,439 $284,346 $328,093
2023 $6,511 $600,431 $278,771 $321,660
2022 $6,709 $588,658 $273,305 $315,353
2021 $6,581 $577,117 $267,947 $309,170
2020 $6,515 $571,200 $265,200 $306,000
2019 $2,383 $198,220 $22,204 $176,016
2018 $2,340 $194,334 $21,769 $172,565
2017 $2,393 $190,525 $21,343 $169,182
2016 $2,313 $186,790 $20,925 $165,865
2015 $2,276 $183,985 $20,611 $163,374
2014 $2,196 $180,382 $20,208 $160,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS19049292

California Regional Multiple Listing Service (CRMLS)

APN: 021-231-037