NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,331,000

7 Beds
4 Baths
2,745 Sq Ft
$452/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,075,000 $392 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,285/month

8 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Main Floor Primary Bedroom
  • Baywood Elementary School Rated A-
  • Fishing
  • No HOA

About This Home

As of July 2022

Here today, gone tomorrow. Don't miss this extremely rare opportunity to own one of the few highly sought after Triplex's located in the heart of Baywood Park, Los Osos's best keep secret! The Coastal destination of the historic Baywood Park located on the Bay and is within walking distance of a variety of new local restaurants, the Elfin forest, Sweet Springs, Sea Pines Golf course and just a short drive to Montana de Oro. One can enjoy many activities such as canoeing, hiking, bike riding, fishing, a round of golf or experiencing the colorful Coastal Sunsets on the pier! This complex had many upgrades including a newer roof, new dual glazed vinyl windows and new exterior paint. Unit A - consists of a three bedroom/ two bath/ two car garage and a private back yard, this unit has been recently upgraded with new interior paint and laminate flooring. Unit B is a two bedroom/ one bath/private back yard and a separate exterior laundry room, it will need interior painting and new flooring. Unit C is also a two bedroom/one bath with a private front yard, it can also use new interior paint and upgraded flooring. All of the tenants have been given a 90 day notice to vacate as of August 11, 2022 or sooner. The current rents are 30% below the current market rental rate. $ 48,000.00 ++ IN 2021 UPGRADES: NEW WINDOWS/DOOR= $ 14,400.00/ A -FLOORING-$ 9,400.00-NEW FRONT FENCE/GATE $ 2,500.00/ WINDOW COVERINGS- A- $ 1,500.00- INTERIOR unit A and EXTERIOR PAINT FOR COMPLEX -$ 20,000.00 +- REPAIRS= $ 2,800.00.

Last Agent to Sell the Property

Leon Van Beurden

Bay Osos Brokers License #00646313 Listed on: 05/21/2022

Last Buyer's Agent

Simon Van Beurden

Bay Osos Brokers License #01909180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,922

Year Built

  • Built in 1978

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Fire Rated Drywall
  • Shingle Roof
  • Tar and Gravel Roof
  • Fiberglass Roof

Interior Spaces

  • 2,745 Sq Ft Home
  • Living Room

Kitchen

  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer on Bond
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 17 / 36
  • Assessor Parcel Number 038112040

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Town Of El Moro Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Golf Course Community
  • Fishing
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $720
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Professional Management Expense $5,568
  • Trash Expense $1,300
  • Water Sewer Expense $3,000
  • New Taxes Expense $14,000
  • Operating Expense $27,788
  • Gross Income $47,460
  • Net Operating Income $19,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,922

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 325000
  • Professional Management Expense: 5568.00
  • Property Attached: Yes
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Town of El Moro(680)
  • View: No
  • Water Sewer Expenses: 3000.00
  • Zoning: 20
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 038112040
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 391.62
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Pool Private: No
  • Roof: Fiberglass, Shingle, Tar/Gravel
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Not Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer, Sewer On Bond
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 75 x 125
  • Lot Size Sq Ft: 9375.00
  • Lot Size Acres: 0.2152

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 47460.00
  • Gross Operating Income: 47460.00
  • Gross Scheduled Income: 47460.00
  • Gross Spendable Income: 19672.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 9375.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 19672.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 27788.00
  • Rent Control: Yes
  • Total Actual Rent: 3550.00
  • Total Expenses: 27788.00
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • New Taxes Expense: 14000.00
  • Tax Block: 36
  • Tax Census Tract: 107.01
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 22, 2022
Sold by
Mark Joseph Stetz Revocable Trust
Bought by
Fourcroy Matthew and Fourcroy Suzanne
Seller's Agent
Leon Van Beurden
Bay Osos Brokers
Buyer's Agent
Simon Van Beurden
Bay Osos Brokers
List Price
$975,000
Sold Price
$1,075,000
Premium/Discount to List
$100,000
10.26%
Current Estimated Value
$1,240,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,737
Avg. Annual Appreciation
4.67%
Original Mortgage
$806,250
Outstanding Balance
$705,265
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$532,535

Purchase Details

Closed on
Apr 27, 2010
Sold by
Hansen Russell G and Hansen Martha M
Bought by
Stetz Mark Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,500
Interest Rate
4.99%
Mortgage Type
Seller Take Back
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
Fourcroy Matthew $1,075,000 First American Title
Stetz Mark Joseph $464,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fourcroy Matthew $806,250
Previous Owner Stetz Mark Joseph $259,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,075,000 +10.3% $392 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $975,000 -- $355 / 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 $18,922 $1,118,430 $468,180 $650,250
2024 $18,426 $1,096,500 $459,000 $637,500
2023 $18,426 $1,075,000 $450,000 $625,000
2022 $11,854 $529,111 $225,025 $304,086
2021 $12,683 $518,737 $220,613 $298,124
2020 $10,860 $513,419 $218,351 $295,068
2019 $10,793 $503,353 $214,070 $289,283
2018 $10,593 $493,484 $209,873 $283,611
2017 $9,312 $483,808 $205,758 $278,050
2016 $7,290 $474,323 $201,724 $272,599
2015 $7,209 $467,199 $198,694 $268,505
2014 $6,201 $400,000 $150,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22105682

California Regional Multiple Listing Service (CRMLS)

APN: 038-112-040