NOT LISTED FOR SALE

1237 Fredericks St Unit A-C San Luis Obispo, CA 93405

Alta Vista Neighborhood

Estimated Value: $2,072,000 - $2,303,000

8 Beds
6 Baths
4,000 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $1,250,000 $312 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,024/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • Bishop's Peak Elementary School Rated A
  • Paved or Partially Paved Lot

About This Home

As of December 2015

Marketing Remarks: 1 of 2 contiguous parcels, same owner for nearly 60 years. 4 car garage on alley at rear of parcel has been used by common owner only and is a single structure existing on both parcels. Buyer to confirm whether easement or some other agreement is needed for garage footprint and use. Lot is estimated to be 7500 sq. ft., with alley access. R-2 zoning. Property has four, 2-bedroom units. Two units (unit 1239 A, 1239 B) have 1.5 baths, two units (Units 1237 and 1239 C) have 2.5 baths. Two of the units have fireplaces (1237 & 1239C). Three of the units are leased until summer 2016. Annual income reflects net income from 2014. This is a probate sale, and may require court approval.

Last Agent to Sell the Property

Dawna Davies

Davies Co. Real Estate License #01152951 Listed on: 10/12/2015

Last Buyer's Agent

Todd Dolezal

The Real Estate Office License #01140698

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,507

Lot Details

  • 7,288 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • 4,000 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 052202007

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $82,347
  • Net Operating Income $60,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,507

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Subdivision Name Other: San Luis Obispo(380)
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 052202007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 312.50

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Utilities

  • Heating Type: Natural Gas, Forced Air

Condo/Co-op/Association

  • Community Features: Sidewalks, Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 7288.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Operating Income: 82347.00
  • Lot Size Area: 0.1700 Acres
  • Net Operating Income: 60060.00
  • Number Of Units Total: 4
  • Operating Expense: 22287.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Dec 18, 2015
Sold by
Scarry David and Scarry Maridy Jill
Bought by
Dave & Jill Scarry Family Trust
Seller's Agent
Dawna Davies
Davies Co. Real Estate
Buyer's Agent
Todd Dolezal
The Real Estate Office
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,186,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,362
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,000,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 12, 2015
Closed on
Nov 9, 2015
Sold by
Davies Dawna and Estate Of William R Broadbent
Bought by
Scarry David and Scarry Maridy Jill
Seller's Agent
Dawna Davies
Davies Co. Real Estate
Buyer's Agent
Todd Dolezal
The Real Estate Office
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dave & Jill Scarry Family Trust -- First American Title Company
Scarry David $1,250,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarry David $938,000
Closed Scarry David $1,000,000
Previous Owner Broadbent William R $240,000
Previous Owner Broadbent William R $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $1,250,000 0.0% $313 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $1,250,000 -- $313 / 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 $16,507 $1,475,005 $651,086 $823,919
2024 $16,218 $1,446,084 $638,320 $807,764
2023 $16,218 $1,417,730 $625,804 $791,926
2022 $15,216 $1,389,933 $613,534 $776,399
2021 $14,945 $1,362,680 $601,504 $761,176
2020 $14,790 $1,348,709 $595,337 $753,372
2019 $14,625 $1,322,264 $583,664 $738,600
2018 $14,347 $1,296,338 $572,220 $724,118
2017 $14,062 $1,270,920 $561,000 $709,920
2016 $13,718 $1,246,000 $550,000 $696,000
2015 $1,661 $154,914 $20,306 $134,608
2014 $1,704 $151,881 $19,909 $131,972
Source: Public Records

Agents Affiliated with this Home

  • Dawna Davies

    Seller's Agent in 2015

    Dawna Davies

    Davies Co. Real Estate

    (805) 459-5889

    2 in this area

    82 Total Sales

    Dawna Davies
    Section Image

  • T

    Buyer's Agent in 2015

    Todd Dolezal

    The Real Estate Office

    (805) 801-7000

    5 Total Sales

    Todd Dolezal
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1059913

California Regional Multiple Listing Service (CRMLS)

APN: 052-202-007

California San Luis Obispo County San Luis Obispo 93405 Alta Vista

1237 Fredericks St Unit A-C, San Luis Obispo, CA

This home is located at 1237 Fredericks St Unit A-C, San Luis Obispo, CA 93405 since 12 October 2015 and is currently estimated at $2,186,362, approximately $546 per square foot. 1237 Fredericks St Unit A-C is a home located in San Luis Obispo County with nearby schools including Bishop's Peak Elementary School, Laguna Middle School, and San Luis Obispo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes