NOT LISTED FOR SALE

Estimated Value: $453,000 - $780,000

1 Bed
1 Bath
6,000 Sq Ft
0.35 Acres

Last Sold March 01, 2023

Last sale price $3,325,000 $554 Per Sq Ft

Current estimated payment $3,395/month

7 Days on Market

Highlights

  • 0.35 Acre Lot
  • Laundry Room
  • Back Yard
  • Laguna Middle School Rated A

About This Home

As of March 2023

Queen Anne Victoria 10-unit apartment building. Beautifully restored and ready for new owner. The apartments are being converted to condos. Check with the county. The Righetti House Condominium Plan, CC & Rs, and Tract Map have been recorded with the County. All units have separate APNs, utility meters, cable, landlines, furnaces, and water heaters. Since this property was built in 1887 each unit will have Mill's Act tax benefits! Great investment!

Last Agent to Sell the Property

Carl Wuestehube

Tri-Star Realty License #00634943 Listed on: 01/03/2023

Last Buyer's Agent

Anthony Aurignac

Venture Real Estate License #01946262

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1887

Lot Details

  • Two or More Common Walls
  • Back Yard

Home Design

  • 6,000 Sq Ft Home

Additional Features

  • 1 Bedroom
  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 1 / 42
  • Tax Tract Number 2949
  • Assessor Parcel Number 001225001

Community Details

Overview

  • 10 Units
  • San Luis Obispo Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 10 Separate Water Meters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,053

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Other Phone Description: Bob Stewart
  • Other Phone Number: 805-903-2688
  • Price Per Unit: 370000
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 001225001
  • Year Built: 1887
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 554.17

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 15408.00
  • Lot Size Acres: 0.3537

Multi Family

  • Lot Size Area: 15408.0000 Square Feet
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 10
  • Number Of Units Total: 10
  • Rent Control: No

Tax Info

  • Tax Block: 42
  • Tax Census Tract: 111.01
  • Tax Lot: 1
  • Tax Tract Number: 2949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2015
Sold by
Full Circle Properties Llc
Bought by
Full Circle Righetti Llc
Current Estimated Value
$583,832

Purchase Details

Listed on
Jun 26, 2014
Closed on
Sep 16, 2014
Sold by
Mcadams Brendan V and Mcadams Kathryn L
Bought by
Full Circle Properties Llc
Seller's Agent
Sandra Lee
BHGRE HAVEN PROPERTIES
Buyer's Agent
Non Member
Non-member Office
List Price
$3,500,000
Sold Price
$2,680,000
Premium/Discount to List
-$820,000
-23.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.50%

Purchase Details

Closed on
May 13, 2011
Sold by
Rossi Robin L
Bought by
Mcadams Brendan and Mcadams Kathryn L
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
Full Circle Righetti Llc -- None Available
Full Circle Properties Llc $2,680,000 First American Title Company
Mcadams Brendan $250,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $3,325,000 -10.1% $554 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $3,700,000 -5.1% $617 / Sq Ft
01/03/2023 01/03/23 For Sale $3,900,000 +45.5% $650 / Sq Ft
09/19/2014 09/19/14 Sold $2,680,000 0.0% $447 / Sq Ft
09/19/2014 09/19/14 Sold $2,680,000 -23.4% $447 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
09/26/2013 09/26/13 For Sale $3,500,000 -- $583 / 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
2024 $2,053 $151,000 $72,000 $79,000
2023 $2,053 $138,000 $68,000 $70,000
2022 $2,697 $207,000 $101,500 $105,500
2021 $2,653 $205,500 $101,000 $104,500
2020 $2,428 $185,000 $91,000 $94,000
2019 $2,323 $529,997 $259,496 $270,501
2018 $2,259 $517,037 $253,585 $263,452
2017 $2,180 $504,014 $247,041 $256,973
2016 $2,335 $487,524 $238,962 $248,562
2015 $1,651 $154,000 $75,000 $79,000
2014 $1,943 $164,744 $80,363 $84,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23000765

California Regional Multiple Listing Service (CRMLS)

APN: 001-225-002