NOT LISTED FOR SALE

Estimated Value: $1,070,451

6 Beds
4 Baths
3,255 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2020

Last sale price $800,000 $246 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,683 / mo

70 Days on Market

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Paso Robles High School Rated A-

About This Home

As of December 2020

Great investment opportunity! Triplex consisting of 3 single level units each with indoor laundry and single car attached garages. 2 units feature 2 bedrooms, 1 bath with 980 sq ft each and the 3rd unit features 1295 sq ft with Dual Master bedrooms, 2 baths, a fenced patio to the side and a fireplace in the living room. Recent improvements include new HVAC in Unit A approx 1 yr old, plus all new plumbing, new water heater 8 months ago, completely remodeled bath room including shower/tub and enclosure, vanity, faucets, lighting, medicine cabinet and flooring. The entire unit was painted 8 months ago and new LVP flooring installed in the Living room, kitchen and hall and new carpet in the bedrooms. New dishwasher and stove vent plus recessed lighting in the living room. Unit B has been updated with HVAC approx 4-5 yrs ago, all new plumbing, water heater 1 yr old, wood grain tile flooring in kitchen and bath plus a totally remodeled bathroom including new shower/tub enclosure, vanity faucets, medicine cabinet and lighting. New refrigerator, newer stove, dishwasher and stove vent, new sink, faucet/garbage disposal and newly tiled counters. Kitchen and bathroom were painted when remodeled. Unit C has new LVP flooring in the kitchen, and the chimney was professionally cleaned approx 2 yrs ago. Current rents total $54,900/year. Great location within walking distance to downtown Paso Robles with shopping, restaurants, and wine tasting!

Last Agent to Sell the Property

Hal Sweasey

Equity Union License #01111911 Listed on: 09/08/2020

Equity Union

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 5,200 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,255 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 138
  • Assessor Parcel Number 009284011

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Pr City Limits West Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $972
  • Water Sewer Expense $2,076
  • New Taxes Expense $8,249
  • Operating Expense $11,297
  • Gross Income $54,900
  • Net Operating Income $43,603

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

5,200 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: PR City Limits West(120)
  • Water Sewer Expenses: 2076.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 009284011
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 245.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 54900.00
  • Gross Scheduled Income: 54900.00
  • Insurance Expense: 972.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 43603.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11297.00
  • Rent Control: No
  • Total Actual Rent: 54900.00
  • Total Expenses: 11297.00

Tax Info

  • New Taxes Expense: 8249.00
  • Tax Block: 138
  • Tax Census Tract: 101.02
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Bought by
Current Estimated Value
$1,070,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2018
Sold by
Bought by

Purchase Details

Listed on
Jun 26, 2017
Closed on
Jul 13, 2017
Sold by
Bought by
Seller's Agent
Lori Bagby
Platinum Properties
Buyer's Agent
Nancy Heins
BHGRE Haven Properties
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$457,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 1999
Sold by
Bought by

Purchase Details

Closed on
May 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 1993
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 Fidelity National Title Co
-- None Available
$610,000 Placer Title Company
-- --
-- First American Title
$210,500 First American Title
-- First American Title
-- --
$185,000 First American Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $475,000
Previous Owner $457,500
Previous Owner $141,514
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2020 12/22/20 Sold $800,000 +2.0% $246 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/06/2020 11/06/20 Price Changed $784,000 0.0% $241 / Sq Ft
11/06/2020 11/06/20 For Sale $784,000 +4.5% $241 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $749,900 +22.9% $230 / Sq Ft
08/11/2017 08/11/17 Sold $610,000 -1.5% $260 / Sq Ft View Prior Sale
06/29/2017 06/29/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $619,000 -- $264 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,589 $883,262 $242,896 $640,366
2025 $9,438 $865,944 $238,134 $627,810
2024 $9,284 $848,965 $233,465 $615,500
2023 $9,284 $832,320 $228,888 $603,432
2022 $9,146 $816,000 $224,400 $591,600
2021 $8,990 $800,000 $220,000 $580,000
2020 $7,108 $634,644 $286,110 $348,534
2019 $7,007 $622,200 $280,500 $341,700
2018 $6,912 $610,000 $275,000 $335,000
2017 $3,090 $284,328 $81,040 $203,288
2016 $3,029 $278,753 $79,451 $199,302
2015 $3,018 $274,567 $78,258 $196,309
2014 $2,913 $269,190 $76,726 $192,464
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20186554

California Regional Multiple Listing Service (CRMLS)

APN: 009-284-011

Your Personal Tour Guide

Ask me questions while you tour the home.