$2,050,000
SOLD APR 23, 2025
7 Beds
3 Baths
2,622 Sq Ft
7,861 Sq Ft Lot

Recently Sold

$782 Per Sq Ft

9% Below List Price

120 Days on Market

Highlights

  • Detached Guest House
  • View of Hills
  • No HOA
  • Bishop's Peak Elementary School Rated A
  • Loft
  • Two Homes on a Lot

About This Home

As of April 2025

Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ft—ideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the property’s value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.

Last Agent to Sell the Property

Hal Sweasey

Keller Williams Realty Central Coast Brokerage Phone: 805-781-3750 License #01111911 Listed on: 09/26/2024

Keller Williams Realty Central Coast

Last Buyer's Agent

Lindsey Harn

Christie's International Real Estate Sereno License #01868098

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,806

Year Built

  • Built in 1947

Lot Details

  • 7,861 Sq Ft Lot
  • Back and Front Yard

Parking

  • 1 Car Attached Garage

Property Views

  • Hills
  • Neighborhood

Interior Spaces

  • 2,622 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • San Luis Obispo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052092004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,806

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Team Sweasey
  • Other Phone Number: 805-592-2724
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 052092004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2622.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 7
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 781.85
  • Room Type: Kitchen, Laundry, Living Room, Loft

Exterior Features

  • Other Structures: Guest House Detached, Two On A Lot
  • View: Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7861.00
  • Lot Size Acres: 0.1805

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7861.0000 Square Feet
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Apr 7, 2025
Sold by
Pfister Dennis M and Pfister Alison
Bought by
Lemon Tree Investments Llc
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Lindsey Harn
Christie's International Real Estate Sereno
List Price
$2,250,000
Sold Price
$2,050,000
Premium/Discount to List
-$200,000
-8.89%
Views
423
Current Estimated Value
$2,039,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,681
Avg. Annual Appreciation
-1.79%
Original Mortgage
$1,496,500
Outstanding Balance
$1,491,201
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$548,118

Purchase Details

Closed on
Dec 8, 2011
Sold by
Pfister Dennis Michael
Bought by
Pfister Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2011
Sold by
Pfister Dennis Michael
Bought by
Pfister Alison

Purchase Details

Closed on
Oct 30, 2009
Sold by
Pfister Dennis M
Bought by
Pfister Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Pfister Barbara
Bought by
Pfister Dennis M

Purchase Details

Closed on
Nov 8, 2000
Sold by
Tallman Robert G and Dolores Tallman Trust
Bought by
Pfister Dennis M and Pfister Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.86%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,050,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Quit Claim Deed -- None Available
Grant Deed $248,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,496,500 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $367,500 New Conventional
Previous Owner $198,000 Unknown
Previous Owner $199,000 Unknown
Previous Owner $199,300 Unknown
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $2,050,000 -8.9% $782 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
09/26/2024 09/26/24 For Sale $2,250,000 -- $858 / 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 $6,806 $628,177 $226,015 $402,162
2024 $6,683 $615,861 $221,584 $394,277
2023 $6,683 $603,787 $217,240 $386,547
2022 $6,264 $591,949 $212,981 $378,968
2021 $6,165 $580,343 $208,805 $371,538
2020 $6,101 $574,393 $206,664 $367,729
2019 $6,038 $563,131 $202,612 $360,519
2018 $4,974 $463,855 $198,640 $265,215
2017 $4,876 $454,761 $194,746 $260,015
2016 $4,781 $445,845 $190,928 $254,917
2015 $4,708 $439,149 $188,061 $251,088
2014 $4,252 $430,548 $184,378 $246,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24198502

California Regional Multiple Listing Service (CRMLS)

APN: 052-092-004