$490,000
SOLD DEC 29, 2017
2 Beds
1 Bath
3,000 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

11% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Carpet
  • Fireplace
  • Floor Furnace

About This Home

As of July 2020

Investment opportunity. Four Plex, all 4 units are 2 bedroom 1 bath. Laundry room with coin operated machines. Close to down town Nipomo where shopping and freeway access is available.

Last Agent to Sell the Property

Louie Caric

PB & Associates License #01756499

Last Buyer's Agent

Louie Caric

PB & Associates License #01756499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,669

Year Built

  • Built in 1963

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Asphalt Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Electric Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Fireplace in Patio
  • Suburban Location
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 090386026

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $278
  • Insurance Expense $1,203
  • Trash Expense $589
  • Water Sewer Expense $2,125
  • New Taxes Expense $6,875
  • Operating Expense $11,070
  • Gross Income $44,938
  • Net Operating Income $29,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,669

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Other Phone Description: 805-714-1264
  • Other Phone Number: 8057141264
  • Property Attached: Yes
  • Subdivision Name Other: Nipomo(340)
  • Water Sewer Expenses: 2125.00
  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 090386026
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Patio
  • Levels: Two
  • Price Per Square Foot: 163.33

Exterior Features

  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Heating Type: Floor Furnace
  • Laundry Features: Community, Dryer Included, Electric Dryer Hookup, In Carport, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 589.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7000.00

Multi Family

  • Electric Expense: 278.00
  • Gross Income: 44938.00
  • Gross Scheduled Income: 41194.00
  • Insurance Expense: 1203.00
  • Net Operating Income: 29105.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15686.00
  • Rent Control: No
  • Total Expenses: 11070.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Census Tract: 124.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
Alkadhi Mohammed M
Bought by
Central Coast Realty Llc
Total Days on Market
15
Current Estimated Value
$895,913

Purchase Details

Listed on
Dec 13, 2017
Closed on
Dec 28, 2017
Sold by
Amburgey James and Amburgey Sylvia M
Bought by
Alkadhi Mohammed M
Seller's Agent
Louie Caric
PB & Associates
Buyer's Agent
Louie Caric
PB & Associates
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$325,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2013
Sold by
Amburgey John and Amburgey Maria Rocio
Bought by
Amburgey James and Amburgey Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 20, 2013
Sold by
Garl Keith
Bought by
Amburgey John
Seller's Agent
Henry Webb
Real Estate eBroker, Inc.
List Price
$489,000
Sold Price
$337,325
Premium/Discount to List
-$151,675
-31.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Mar 4, 2013
Sold by
Yamasaki Garl Karen
Bought by
Garl Keith

Purchase Details

Closed on
Nov 22, 2011
Sold by
Garl Keith
Bought by
The Hermreck Group Llc

Purchase Details

Closed on
Nov 14, 2006
Sold by
The Hermreck Group Llc
Bought by
Garl Keith

Purchase Details

Closed on
Nov 13, 2006
Sold by
Garl Karen
Bought by
Garl Keith

Map

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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $490,000 Fidelity National Title Co
Interfamily Deed Transfer -- Multiple
Grant Deed $337,500 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Deed In Lieu Of Foreclosure $107,791 First American Title Company
Grant Deed $575,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $190,000 New Conventional
Previous Owner $433,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $110,000 -38.5% $37 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/23/2019 07/23/19 For Sale $179,000 -63.5% $60 / Sq Ft
12/29/2017 12/29/17 Sold $490,000 -10.9% $163 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $550,000 +63.0% $183 / Sq Ft
06/10/2013 06/10/13 Sold $337,325 -31.0% $112 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
11/04/2011 11/04/11 For Sale $489,000 -- $163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,669 $546,601 $200,792 $345,809
2023 $5,669 $535,884 $196,855 $339,029
2022 $5,583 $525,378 $192,996 $332,382
2021 $5,852 $515,077 $189,212 $325,865
2020 $5,510 $509,796 $187,272 $322,524
2019 $5,476 $499,800 $183,600 $316,200
2018 $5,411 $490,000 $180,000 $310,000
2017 $3,938 $356,296 $105,624 $250,672
2016 $3,714 $349,310 $103,553 $245,757
2015 $3,661 $344,064 $101,998 $242,066
2014 $3,525 $350,000 $100,000 $250,000
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS17275652

California Regional Multiple Listing Service (CRMLS)

APN: 090-386-026