Seller's Agent in 2024
Francesco Pierini
Home & Ranch Sotheby's Intl
(805) 457-5781
1 in this area
32 Total Sales
1338 Madrone Ln San Luis Obispo, CA 93401
Islay NeighborhoodEstimated Value: $1,730,288 - $1,883,000
4
Beds
3
Baths
3,372
Sq Ft
$535/Sq Ft
Est. Value
Highlights
- Solar Power System
- City Lights View
- Fireplace in Primary Bedroom
- Los Ranchos Elementary School Rated A
- Open Floorplan
- Deck
About This Home
As of February 2024Welcome to this exquisite residence nestled at the base of Islay Hills, in one of San Luis Obispo's most sought-after neighborhoods.
Located in the heart of tranquility, this magnificent four-bedroom, three-bathroom home offers an extraordinary living experience. As you enter the Home from the second level you are welcomed by the grand foyer and your eyes are immediately drawn to the expansive windows that showcase the breathtaking panoramic views of majestic SLO hills.
The large living room, adorned with a charming fireplace, creates a warm and inviting ambiance that is perfect for intimate gatherings or cozy evenings with loved ones. Connected seamlessly, the dining area provides an exquisite ambiance for hosting elegant dinner parties.
The kitchen, a true masterpiece, boasts granite countertops that exude luxury and sophistication. This culinary haven is equipped with high end Miele and Dacor appliances including a built-in coffee machine. Next to the kitchen the family room boasts another fireplace and has access to the well-manicured backyard.
On this level, you will find a full bathroom, perfect for accommodating guests, as well as a guest bedroom with a private terrace that provides a peaceful retreat.
Venturing upstairs, you are greeted by an open area that can be utilized as an office or workspace. Adjacent to this space, you will find two bedrooms connected by a Jack and Jill bathroom, offering comfort and convenience for family members or guests.
As you continue to explore, you will discover the inviting master suite featuring a gas fireplace, private terrace and open master bathroom with walk-in shower and tub.
Stepping outside, you will discover a mature backyard oasis, meticulously landscaped to provide the utmost privacy and serenity. The lush greenery and vibrant colors of the fruit trees create a harmonious environment and the spacious deck is a perfect retreat offering the perfect space for outdoor entertainment and relaxation.
Situated in close proximity to the best city amenities yet at the entrance of the idyllic Edna Valley Wine region this property presents an unparalleled lifestyle opportunity!
Last Agent to Sell the Property
Home & Ranch Sotheby's Intl License #02052032 Listed on: 11/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,660
Year Built
- Built in 2000
Lot Details
- 8,064 Sq Ft Lot
- Cul-De-Sac
- Property is zoned R1
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- City Lights
- Hills
Interior Spaces
- 3,372 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Family Room with Fireplace
- Living Room with Fireplace
- Living Room Balcony
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Deck
- Patio
Additional Features
- Solar Power System
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 36
- Tax Tract Number 1750
- Assessor Parcel Number 053305007
Community Details
Overview
- Islay Hill Owners Association, Phone Number (805) 400-9416
- San Luis Obispo Subdivision
- Foothills
Amenities
- Picnic Area
Recreation
- Community Playground
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 25, 2025
Sold by
Singh Karun Deep and Kaur Ramneek
Bought by
Karam Family Trust and Singh
Current Estimated Value
Purchase Details
Listed on
Nov 2, 2023
Closed on
Jan 17, 2024
Sold by
Silvestre Family Trust
Bought by
Singh Karun Deep and Kaur Ramneek
Seller's Agent
Francesco Pierini
Home & Ranch Sotheby's Intl
Buyer's Agent
Christina Buchanan
Keller Williams Realty Central Coast
List Price
$1,595,000
Sold Price
$1,595,000
Views
129
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$929,200
Interest Rate
6.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2015
Sold by
Silvestre Joseph and Silvestre Debra A
Bought by
Silvestre Family Trust and Silvestre Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.67%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 15, 2008
Sold by
Silvestre Joseph and Silvestre Debra A
Bought by
Silvestre Joseph and Silvestre Debra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,454
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2005
Sold by
Silvestre Joseph and Silvestre Debra A
Bought by
Silvestre Joseph and Silvestre Debra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.17%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 27, 2000
Sold by
Kaempffe G Carl and Kaempffe Marilyn J
Bought by
Silvestre Joseph and Silvestre Debra A
Purchase Details
Closed on
Feb 1, 2000
Sold by
The Arbors San Luis Obispo Lp
Bought by
Silvestre Joseph and Silvestre Debra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.95%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karam Family Trust | -- | None Listed On Document | |
| Singh Karun Deep | $1,595,000 | Placer Title | |
| Silvestre Family Trust | -- | Public | |
| Silvestre Joseph | -- | Lsi | |
| Silvestre Joseph | -- | -- | |
| Silvestre Joseph | $164,500 | First American Title Co | |
| Silvestre Joseph | $460,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Singh Karun Deep | $929,200 | |
| Previous Owner | Silvestre Giuseppe | $470,000 | |
| Previous Owner | Silvestre Joseph | $225,000 | |
| Previous Owner | Silvestre Joseph | $105,300 | |
| Previous Owner | Silvestre Joseph | $627,454 | |
| Previous Owner | Silvestre Joseph | $640,000 | |
| Previous Owner | Silvestre Joseph | $100,000 | |
| Previous Owner | Silvestre Joseph | $320,000 | |
| Previous Owner | Silvestre Joseph | $100,000 | |
| Previous Owner | Silvestre Joseph | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | $1,595,000 | 0.0% | $473 / Sq Ft |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- |
| 12/22/2023 12/22/23 | Off Market | $1,595,000 | -- | -- |
| 11/02/2023 11/02/23 | For Sale | $1,595,000 | -- | $473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,660 | $1,626,900 | $739,500 | $887,400 |
| 2024 | $7,522 | $693,125 | $226,013 | $467,112 |
| 2023 | $7,522 | $679,535 | $221,582 | $457,953 |
| 2022 | $7,050 | $666,212 | $217,238 | $448,974 |
| 2021 | $6,938 | $653,150 | $212,979 | $440,171 |
| 2020 | $6,867 | $646,454 | $210,796 | $435,658 |
| 2019 | $6,796 | $633,779 | $206,663 | $427,116 |
| 2018 | $6,587 | $621,353 | $202,611 | $418,742 |
| 2017 | $6,457 | $609,171 | $198,639 | $410,532 |
| 2016 | $6,329 | $597,228 | $194,745 | $402,483 |
| 2015 | $6,231 | $588,258 | $191,820 | $396,438 |
| 2014 | $5,720 | $576,736 | $188,063 | $388,673 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Christina Buchanan
Keller Williams Realty Central Coast
(805) 801-7039
1 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS23190602
APN: 053-305-007
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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
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