NOT LISTED FOR SALE

1261 Southwood Dr Unit 5 San Luis Obispo, CA 93401

Arlita Neighborhood

Estimated Value: $447,616 - $692,000

2 Beds
1 Bath
900 Sq Ft
$252/mo HOA Fee

Last Sold May 17, 2019

Last sale price $350,000 $389 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,553/month

6 Days on Market

Highlights

  • Updated Kitchen
  • Mountain View
  • Breakfast Bar
  • Sinsheimer Elementary School Rated A
  • Cooling Available
  • 2-minute walk to Johnson Park

About This Home

As of May 2019

New! New! New! This lovely 2 bedroom condo has been completely renovated on the inside creating more light and warmth with it's modern feeling open floor plan. It has a large fenced backyard & patio with 2 storage units that is a blank slate all ready for personal customization with access to lawn & BBQ area. All new windows. Recessed lighting & Ceiling fans. New electrical and new plumbing. New upgraded ceiling insulation. The walls have all been retextured and painted. New laminate floors. 3 New Wall Furnaces. New water heater. New light fixures. Concrete Counters in the kitchen, all new cabinets, all new stainless appliances, new sinks & faucets. Open wall between living area and kitchen creating a wonderful breakfast bar. Stackable washer and dryer in unit. Great storage unit in upstairs hallway. New large tub/shower in the bathroom. 2 on-site parking spaces. Beautiful Mountain Views from both sides of the condo. Close to shopping, schools, restaurants, parks and the YMCA. Lease just ended 04/14/19 which was for $2300/month.

Last Agent to Sell the Property

Paulette Aurignac

Aurignac Real Estate License #01714053 Listed on: 04/16/2019

Last Buyer's Agent

Paul Leininger

Century 21 Masters-Arroyo Grande License #01889280

Century 21 Masters-Arroyo Grande

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1963

Lot Details

  • Two or More Common Walls
  • Back Yard

HOA Fees

  • $252 Monthly HOA Fees

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • 35 Units
  • Southwood Chalets Association, Phone Number (805) 781-3595
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 004563005

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,230

Year Built

Built in 1963

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 004563005
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Price Per Square Foot: 388.89
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Parking Space

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 252.00
  • Association Fee Frequency: Monthly
  • Association Name: Southwood Chalets
  • Phone: 8057813595
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Southwood Chalets

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 900.00
  • Lot Size Acres: 0.0207

Multi Family

  • Lease Considered: No
  • Lot Size Area: 900.0000 Square Feet
  • Number Of Units In Community: 35
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 110.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Lowery Henry Allan and Lowery Linda Diane
Bought by
Lowery Jonathan Patrick
Current Estimated Value
$545,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 14, 2019
Sold by
Burchak Diann
Bought by
Lowery Henry Allan and Lowery Linda Diane
Seller's Agent
Paulette Aurignac
Aurignac Real Estate
Buyer's Agent
Paul Leininger
Century 21 Masters-Arroyo Grande
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 4, 2017
Sold by
Lonsbrough Randall L and Lonsbrough Kimberley L
Bought by
Burchak Diann R
Seller's Agent
David Bjerre
Bjerre & Garcia Realty Inc
Buyer's Agent
Paulette Aurignac
Aurignac Real Estate
List Price
$319,000
Sold Price
$317,000
Premium/Discount to List
-$2,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$237,750
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Lonsbrough Randall L and Lonsbrough Kimberley L
Bought by
Lonsbrough Dr Randall L and Lonsbrough Kimberley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.24%

Purchase Details

Closed on
Sep 4, 2002
Sold by
Winje David B and Winje Susan M
Bought by
Lonsbrough Randall L and Lonsbrough Kimberley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.24%
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
Lowery Jonathan Patrick $350,000 Placer Title
Lowery Henry Allan $350,000 First American Title Company
Burchak Diann R $317,000 First American Title Company
Lonsbrough Dr Randall L -- --
Lonsbrough Randall L $228,000 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowery Jonathan Patrick $167,000
Previous Owner Burchak Diann R $237,750
Previous Owner Lonsbrough Randall L $182,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $350,000 -2.5% $389 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $359,000 +13.2% $399 / Sq Ft
06/30/2017 06/30/17 Sold $317,000 -0.6% $352 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $319,000 -- $354 / 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 $4,230 $415,000 $250,000 $165,000
2024 $4,154 $382,772 $196,855 $185,917
2023 $4,154 $375,268 $192,996 $182,272
2022 $3,893 $367,911 $189,212 $178,699
2021 $4,023 $360,698 $185,502 $175,196
2020 $3,792 $357,000 $183,600 $173,400
2019 $3,536 $329,806 $171,666 $158,140
2018 $3,467 $323,340 $168,300 $155,040
2017 $3,002 $280,000 $125,000 $155,000
2016 $2,884 $269,000 $120,000 $149,000
2015 $2,562 $239,000 $105,000 $134,000
2014 $2,149 $214,000 $95,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19086217

California Regional Multiple Listing Service (CRMLS)

APN: 004-563-005