$675,000
SOLD JUN 27, 2025
2 Beds
1 Bath
780 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$865 Per Sq Ft

13% Above List Price

5 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Living Room
  • Laguna Middle School Rated A
  • Hiking Trails
  • 3-minute walk to Emerson Park

About This Home

As of June 2025

Located in San Luis Obispo, this 2-bedroom, 1-bath cottage offers a rare opportunity for investors, families, or those seeking a second home on the Central Coast. Priced to sell, it’s ready for your personal touch, whether you're restoring it to its original charm or reimagining it with modern updates. The spacious backyard provides room to grow with possibilities for an ADU, a vibrant garden, or a custom outdoor retreat. It’s an ideal setup for extended family, guests, or future rental income. This home is conveniently located close to downtown San Luis Obispo, where you can enjoy boutique shopping, renowned restaurants, local wineries, and the lively Thursday Night Farmers' Market. Plus, you're just a short drive from some of the best beaches in California, making it a perfect weekend escape. Whether you're looking to invest, settle down, or enjoy a vacation retreat, this property is a versatile and exciting opportunity to own a piece of the Central Coast lifestyle.

Last Agent to Sell the Property

Lindsey Harn

Christie's International Real Estate Sereno Brokerage Phone: 805-441-7744 License #01868098 Listed on: 05/23/2025

Christie's International Real Estate Sereno

Last Buyer's Agent

Zach Wilson

Christie's International Real Estate Sereno License #02069436

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1927

Lot Details

  • 5,000 Sq Ft Lot
  • Back Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Views of Hills

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 003613015
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • San Luis Obispo Subdivision
  • Foothills

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,733

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003613015
  • Year Built: 1927
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 780.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 865.38
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Hills
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jun 3, 2025
Sold by
Shipsey Michael J
Bought by
Fab Five Development Llc
Seller's Agent
Lindsey Harn
Christie's International Real Estate Sereno
Buyer's Agent
Zach Wilson
Christie's International Real Estate Sereno
List Price
$599,000
Sold Price
$675,000
Premium/Discount to List
$76,000
12.69%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.50%
Original Mortgage
$584,850
Outstanding Balance
$537,615
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$100,837
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 Type Sale Price Title Company
Grant Deed $675,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,850 Construction
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $675,000 +12.7% $865 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $599,000 -- $768 / 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
2025 $1,733 $167,119 $111,693 $55,426
2024 $1,701 $163,843 $109,503 $54,340
2023 $1,701 $160,631 $107,356 $53,275
2022 $1,592 $157,482 $105,251 $52,231
2021 $1,566 $154,395 $103,188 $51,207
2020 $1,549 $152,812 $102,130 $50,682
2019 $1,531 $149,817 $100,128 $49,689
2018 $1,500 $146,880 $98,165 $48,715
2017 $1,469 $144,001 $96,241 $47,760
2016 $1,439 $141,178 $94,354 $46,824
2015 $1,416 $139,058 $92,937 $46,121
2014 $1,299 $136,335 $91,117 $45,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25082751

California Regional Multiple Listing Service (CRMLS)

APN: 003-613-015