NOT LISTED FOR SALE

12345 Hampton Ct Atascadero, CA 93422

Estimated Value: $1,682,281 - $2,298,000

10 Beds
10 Baths
8,300 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $1,195,000 $144 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,244/month

219 Days on Market

Highlights

  • Horse Property
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Cul-De-Sac
  • Storage
  • Ceiling Fan

About This Home

As of May 2014

Marketing Remarks: The Oak Hill Manor is an incredible 5 bedroom, 6 bath European designed home that is tucked away in the middle of San Luis Obispo County's wine country. Located 45 minutes to Hearst Castle and 30 minutes to the beach, owners of this home can enjoy quiet, peaceful nights surrounded by the beauty of California's unique countryside. With expansive indoor and outdoor space, the 2.98 acre estate has five studio apartments, and has a transferable license to run as a bed and breakfast. This investment property has a capitalization rate of 6% based on present income. The interior styling's and furniture could be added on to the sale, making it an excellent investment opportunity at current income level.

Last Agent to Sell the Property

Bill Austin

Pacific Properties Home Estate Investment License #00351427 Listed on: 01/09/2014

Last Buyer's Agent

Karen Jacobsma

Jacobsma & Associates License #00786977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,881

Year Built

  • Built in 1984

Lot Details

  • 2.87 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Sprinkler System

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Clay Roof

Interior Spaces

  • 8,300 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Storage
  • Laundry Room
  • Fire Sprinkler System

Parking

  • Parking Available
  • On-Site Parking

Outdoor Features

  • Horse Property

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number 059301018

Community Details

Overview

  • 6 Units
  • Greenbelt

Additional Features

  • Laundry Facilities
  • Net Operating Income $77,023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,881

Year Built

Built in 1984

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Security: Fire Sprinkler System
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 059301018
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Vacuum Central
  • Levels: Three Or More
  • Price Per Square Foot: 143.98

Exterior Features

  • Foundation: Slab, Raised
  • Roof: Clay, Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Lot Features: Cul-De-Sac, Sloped Down, Greenbelt, Horse Property, Paved, Sprinkler System
  • Lot Size Sq Ft: 125126.00
  • Lot Size Acres: 2.8700

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2.8700 Acres
  • Net Operating Income: 77023.00
  • Number Of Units Total: 6
  • Operating Expense: 24564.00
  • Vacancy Allowance: 4013
  • Vacancy Allowance Rate: 3.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2014
Sold by
Macare Maurice M and Gentry Macare Rise S
Bought by
Jacobsma Rex Alan and Jacobsma Karen K
Current Estimated Value
$1,871,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Macare Maurice M and Gentry Macare Rise S
Bought by
Macare Maurice M and Gentry Macare Rise S

Purchase Details

Closed on
Dec 2, 1998
Sold by
Phillips David W
Bought by
Macare Maurice M and Gentry Macare Rise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jacobsma Rex Alan $1,195,000 First American Title Company
Macare Maurice M -- --
Macare Maurice M $453,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobsma Rex Alan $896,250
Previous Owner Macare Maurice M $721,000
Closed Macare Maurice M $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $1,195,000 -7.7% $144 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
06/24/2013 06/24/13 For Sale $1,295,000 -- $156 / 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 $15,881 $1,464,895 $245,166 $1,219,729
2024 $15,872 $1,436,172 $240,359 $1,195,813
2023 $15,872 $1,408,013 $235,647 $1,172,366
2022 $15,675 $1,380,406 $231,027 $1,149,379
2021 $15,366 $1,353,341 $226,498 $1,126,843
2020 $15,207 $1,339,465 $224,176 $1,115,289
2019 $14,908 $1,313,202 $219,781 $1,093,421
2018 $14,614 $1,287,454 $215,472 $1,071,982
2017 $14,326 $1,262,211 $211,248 $1,050,963
2016 $14,043 $1,237,462 $207,106 $1,030,356
2015 $13,828 $1,218,876 $203,996 $1,014,880
2014 $10,292 $975,236 $156,334 $818,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC197781

California Regional Multiple Listing Service (CRMLS)

APN: 059-301-018