$1,300,000
SOLD JUL 25, 2024
4 Beds
3 Baths
2,517 Sq Ft
7,250 Sq Ft Lot

Recently Sold

$516 Per Sq Ft

21% Below List Price

90 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Bishop's Peak Elementary School Rated A
  • No Heating

About This Home

As of July 2024

Location! Location! Location! This is your chance to purchase 2 homes in the heart of San Luis Obispo and close to Cal Poly University. Front home is a 2-bedroom, 1 bath unit. It is 906 square feet and was built in 1950. The back home has a 2 bedroom, 2 bath unit upstairs and studio with kitchen downstairs with separate access. It was built in 1988. No new reports have been completed at this time and buyer is advised to do their due diligence. Pictures of inside the back home 1553 Mill will be coming soon! Call your realtor today! Please park on street and walk down when viewing the back home.

Last Agent to Sell the Property

Michelle Cozine

Realty Pros - A Professional Real Estate Company Brokerage Phone: 805-975-5204 License #01968708 Listed on: 03/14/2024

Last Buyer's Agent

Michelle Cozine

Realty Pros - A Professional Real Estate Company Brokerage Phone: 805-975-5204 License #01968708 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1950

Lot Details

  • 7,250 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R2

Interior Spaces

  • 2,517 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 5 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Urban Location
  • No Heating

Community Details

  • No Home Owners Association
  • San Luis Obispo Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 134
  • Assessor Parcel Number 001134019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: No
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 001134019
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2517.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 516.49
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7250.00
  • Lot Size Acres: 0.1664
  • Latitude Manual: 35.28767500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7250.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 134
  • Tax Census Tract: 110.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 19, 2024
Sold by
Artusio Shenna and Artusio Li
Bought by
John Rourke Separate Property Trust and Rourke
Seller's Agent
Michelle Cozine
Realty Pros - A Professional Real Estate Company
Buyer's Agent
Michelle Cozine
Realty Pros - A Professional Real Estate Company
List Price
$1,650,000
Sold Price
$1,300,000
Premium/Discount to List
-$350,000
-21.21%
Total Days on Market
90
Views
146
Current Estimated Value
$1,283,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,479
Avg. Annual Appreciation
-1.49%
Original Mortgage
$1,105,000
Outstanding Balance
$1,096,574
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$186,947

Purchase Details

Closed on
May 16, 2017
Sold by
Artusio Jack
Bought by
Artusio Shenna and Artusio Li Li

Purchase Details

Closed on
Jul 19, 2005
Sold by
Artusio Jack
Bought by
Artusio Jack

Purchase Details

Closed on
Dec 2, 1994
Sold by
Nichols Joseph H
Bought by
Dang Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.27%
Source: Public Records

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
Grant Deed $1,300,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $255,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,105,000 New Conventional
Previous Owner $65,000 Credit Line Revolving
Previous Owner $130,000 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $1,300,000 -21.2% $516 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,650,000 -- $656 / 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 $4,565 $420,710 $189,360 $231,350
2023 $4,565 $412,462 $185,648 $226,814
2022 $4,279 $404,375 $182,008 $222,367
2021 $4,211 $396,447 $178,440 $218,007
2020 $4,168 $392,383 $176,611 $215,772
2019 $4,125 $384,691 $173,149 $211,542
2018 $4,044 $377,149 $169,754 $207,395
2017 $3,965 $369,755 $166,426 $203,329
2016 $3,887 $362,506 $163,163 $199,343
2015 $3,828 $357,062 $160,713 $196,349
2014 $3,515 $350,068 $157,565 $192,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS24050361

California Regional Multiple Listing Service (CRMLS)

APN: 001-134-019