K
Seller's Agent in 2023
Kim Croft
RE/MAX
Estimated Value: $1,688,000 - $2,181,000
4
Beds
4
Baths
2,642
Sq Ft
$710/Sq Ft
Est. Value
Highlights
- City Lights View
- Wood Flooring
- Hiking Trails
- Laguna Middle School Rated A
- No HOA
- Laundry Room
About This Home
As of June 2023Located in the Mill Street Historic District, this lovingly cared for fourplex , is an easy walk to downtown San Luis Obispo, quick access to 101 and close enough to Cal Poly for a short bike ride or walk. Located on a beautifully maintained and landscaped 7250 sq' lot with parking onsite and on the street. Each unit consists of one bedroom and bath and feature walk in closets. Inside you will find the character of the building's era accented by modern touches. All units are currently occupied. In the backyard, each tenant has a garden box and access to multiple fruit trees and a common area. Additional features of the common area are outdoor seating and a fire pit. Laundry and storage are located in the garage with two units sharing one garage each. Pest and property inspection available in Supplements. This is a unique opportunity to own a truly stunning investment property.
Last Agent to Sell the Property
Kim Croft
RE/MAX Success License #01455763 Listed on: 05/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,402
Year Built
- Built in 1935
Lot Details
- 7,250 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Landscaped
- Lot Sloped Down
- Garden
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Property Views
- City Lights
- Hills
- Neighborhood
Home Design
- Quadruplex
- Entry on the 2nd floor
- Composition Roof
- Membrane Roofing
Interior Spaces
- 2,642 Sq Ft Home
- 2-Story Property
- Sump Pump
Kitchen
- Free-Standing Range
- Microwave
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Shed
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 2 / 41
- Assessor Parcel Number 001224005
Community Details
Overview
- No Home Owners Association
- 4 Units
- San Luis Obispo Subdivision
- Foothills
Amenities
- Laundry Facilities
Recreation
- Hiking Trails
- Bike Trail
Building Details
- 4 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,296
- Fuel Expense $1,488
- Gardener Expense $3,270
- Insurance Expense $1,795
- Trash Expense $536
- Water Sewer Expense $3,488
- Operating Expense $28,951
- Gross Income $62,410
- Net Operating Income $62,410
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2023
Closed on
Jun 1, 2023
Sold by
Palm Street Slo Llc
Bought by
Palazzo Anthony Richard and Palazzo Sasha Ann
Seller's Agent
Kim Croft
RE/MAX Success
Buyer's Agent
Lindsey Harn
Christie's International Real Estate Sereno
List Price
$1,675,000
Sold Price
$1,632,500
Premium/Discount to List
-$42,500
-2.54%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,338
Avg. Annual Appreciation
6.26%
Original Mortgage
$1,224,375
Outstanding Balance
$1,191,395
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$684,443
Purchase Details
Closed on
Jul 25, 2018
Sold by
Amato Joslyn and Hamlin Robin
Bought by
Palm Street Slo Llc
Purchase Details
Closed on
Mar 29, 2018
Sold by
Amato James A
Bought by
Amato Joslyn and Amato Cicely
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
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 1, 2014
Sold by
Hamlin C Frederick
Bought by
Amato Joslyn and Amato Cicely
Purchase Details
Closed on
Oct 15, 1998
Sold by
Lyon Roger C and Lyon Susan B
Bought by
Hamlin C Frederick
Purchase Details
Closed on
Jul 29, 1996
Sold by
Lyon Roger C
Bought by
Lyon Roger C and Lyon Susan B
Purchase Details
Closed on
May 1, 1996
Sold by
Selkirk Family Ltd Partnership
Bought by
Lyon Roger C
Purchase Details
Closed on
Nov 4, 1994
Sold by
Selkirk Shirley E and Page Shirley E
Bought by
Selkirk Family Ltd Partnership
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 |
|---|---|---|---|
| Palazzo Anthony Richard | $1,632,500 | Fidelity National Title | |
| Palm Street Slo Llc | -- | None Available | |
| Amato Joslyn | -- | Wfg Natl Title Ins Co | |
| Amato Joslyn | $550,000 | None Available | |
| Hamlin C Frederick | $325,000 | Cuesta Title Company | |
| Lyon Roger C | -- | -- | |
| Lyon Roger C | $230,000 | Chicago Title Co | |
| Selkirk Family Ltd Partnership | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palazzo Anthony Richard | $1,224,375 | |
| Previous Owner | Amato Joslyn | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $1,632,500 | -2.5% | $618 / Sq Ft |
| 05/24/2023 05/24/23 | Pending | -- | -- | -- |
| 05/20/2023 05/20/23 | For Sale | $1,675,000 | -- | $634 / 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 | $18,402 | $1,698,453 | $910,350 | $788,103 |
| 2024 | $7,032 | $1,665,150 | $892,500 | $772,650 |
| 2023 | $7,032 | $635,342 | $346,551 | $288,791 |
| 2022 | $6,592 | $622,885 | $339,756 | $283,129 |
| 2021 | $6,487 | $610,673 | $333,095 | $277,578 |
| 2020 | $6,420 | $604,412 | $329,680 | $274,732 |
| 2019 | $6,354 | $592,562 | $323,216 | $269,346 |
| 2018 | $6,154 | $580,944 | $316,879 | $264,065 |
| 2017 | $6,032 | $569,554 | $310,666 | $258,888 |
| 2016 | $5,912 | $558,387 | $304,575 | $253,812 |
| 2015 | $5,821 | $550,000 | $300,000 | $250,000 |
| 2014 | $4,173 | $415,623 | $172,643 | $242,980 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lindsey Harn
Buyer's Agent in 2023
Lindsey Harn
Christie's International Real Estate Sereno
(805) 250-5993
30 in this area
739 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS23088222
APN: 001-224-005
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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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