NOT LISTED FOR SALE

1340 Los Olivos Ave Unit C Los Osos, CA 93402

Los Osos Neighborhood

Estimated Value: $635,000 - $733,000

3 Beds
2 Baths
1,438 Sq Ft
$300/mo HOA Fee

Last Sold May 13, 2022

Last sale price $605,000 $421 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,916/month

6 Days on Market

Highlights

  • Mountain View
  • Walk-In Pantry
  • 2 Car Attached Garage
  • Baywood Elementary School Rated A-
  • Hiking Trails
  • Walk-In Closet

About This Home

As of May 2022

This beautifully maintained 3 bedroom 2 bath home is located just minutes from shopping, 101 access, hiking and biking trails, schools, the sand, and everything that makes the Central Coast such a wonderful place to live! Featuring 1,438 ± square feet of living space, 3 bedrooms, 2 bathrooms, and high ceilings, this end unit also boasts amazing mountain views!. The entry level of the home offers 2 bedrooms, indoor laundry, and a spacious patio. Upstairs you will find an updated kitchen with a newer gas stove and large oven, plenty of counter and cabinet space, and a walk in pantry! This floor also presents a living room with crystal gas fireplace, deck access, and primary bedroom with en suite bath, and two walk-in closets.Enjoy a tankless water heater that provides plenty of hot water, and a ton of storage throughout the home. Situated in a quiet neighborhood in the desirable Los Osos Community, this is one opportunity you do not want to miss!

Last Listed By

Jay Bond

eXp Realty of California, Inc. License #01823529 Listed on: 03/10/2022

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,485

Year Built

  • Built in 1988

Lot Details

  • 1,437

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,438 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 074295023
  • $445,577 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 6 Units
  • Los Olivos Association, Phone Number (805) 748-1710
  • Carol Straub HOA
  • Tract 40 Subdivision
  • Maintained Community

Recreation

  • Hiking Trails

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,485

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Tract 40(690)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 074295023
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1438.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 420.72
  • Room Type: Kitchen, Living Room, Walk-In Closet, Walk-In Pantry

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Call for Rules, Management
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Los Olivos
  • Phone: 805-748-1710
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Hiking, Sidewalks, Street Lights
  • Association Management: Carol Straub

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1438.00
  • Lot Size Acres: 0.0330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1438.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 1

Tax Info

  • TaxOtherAnnualAssessmentAmount: 445577.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 6, 2022
Sold by
Vallelunga Carl D and Vallelunga Cherie J
Bought by
Pelayo Everett D and Pelayo Roxane M
Seller's Agent
Jay Bond
eXp Realty of California, Inc.
Buyer's Agent
Jennifer Doyle
Century 21 Hometown Realty, San Luis Obispo Office
List Price
$550,000
Sold Price
$605,000
Premium/Discount to List
$55,000
10%
Total Days on Market
6
Current Estimated Value
$686,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,875
Avg. Annual Appreciation
4.29%
Original Mortgage
$423,400
Outstanding Balance
$402,554
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$284,321

Purchase Details

Closed on
Sep 29, 2006
Sold by
Wulff Walter G
Bought by
Vallelunga Carl D and Vallelunga Cherie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

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
Pelayo Everett D $605,000 Placer Title
Vallelunga Carl D $360,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelayo Everett D $423,400
Previous Owner Vallelunga Carl D $347,000
Previous Owner Vallelunga Carl D $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $605,000 +10.0% $421 / Sq Ft
04/01/2022 04/01/22 For Sale $550,000 0.0% $382 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $550,000 -- $382 / 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 $9,485 $629,442 $332,928 $296,514
2023 $9,485 $617,100 $326,400 $290,700
2022 $6,517 $454,488 $239,869 $214,619
2021 $6,693 $445,577 $235,166 $210,411
2020 $6,149 $441,009 $232,755 $208,254
2019 $5,998 $402,000 $212,000 $190,000
2018 $6,062 $385,000 $205,000 $180,000
2017 $6,454 $395,000 $208,000 $187,000
2016 $4,374 $340,000 $180,000 $160,000
2015 $4,202 $324,000 $170,000 $154,000
2014 $2,626 $190,000 $100,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22048066

California Regional Multiple Listing Service (CRMLS)

APN: 074-295-023