NOT LISTED FOR SALE

159 Loma Bonita Dr Unit 18 San Luis Obispo, CA 93401

Japantown Neighborhood

Estimated Value: $603,000 - $658,000

2 Beds
2 Baths
984 Sq Ft
$200/mo HOA Fee

Last Sold December 12, 2019

Last sale price $420,000 $427 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,061/month

8 Days on Market

Highlights

  • View of Hills
  • Clubhouse
  • Corner Lot
  • Laguna Middle School Rated A
  • Cathedral Ceiling
  • Covered Patio or Porch

About This Home

As of December 2019

Move-in ready detached condo in the desirable Villa Fontana community! Situated on a premium corner lot set against the beautiful backdrop of the South Hills open space, this single level residence features two bedrooms and two full bathrooms. Entering this updated home you are greeted with newly installed vinyl plank flooring, fresh interior paint, and stylish light fixtures and ceiling fans. With voluminous cathedral ceilings and an abundance of natural light, the living room is a comfortable space, and the adjacent covered porch is ideal for entertaining outdoors. Plentiful counter space and storage (including a pantry), as well as a complete appliance package, make the kitchen and dining nook the perfect spot to enjoy a meal with family and friends. The master suite enjoys its own private bath, and the secondary bedroom boasts a spacious closet and the convenience of the nearby guest bathroom. Additional highlights include new Hardie siding and exterior paint, recently replaced vinyl windows, a covered car port, and close proximity to guest parking. With a location that allows you to take advantage of all that the San Luis Obispo lifestyle has to offer, and at an affordable price, this is an opportunity that you want want to pass up!

Last Agent to Sell the Property

David Campa

Richardson Sotheby's International Realty License #01273937 Listed on: 10/21/2019

Richardson Sotheby's International Realty

Co-Listed By

Jennifer Campa

Richardson Sotheby's International Realty License #01441288

Last Buyer's Agent

Michelle Braunschweig

Richardson Sotheby's International Realty License #01736789

Richardson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,887

Year Built

  • Built in 1981

Lot Details

  • No Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Hills
  • Neighborhood

Interior Spaces

  • 984 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Parking

  • Attached Carport
  • Parking Available

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 744
  • Assessor Parcel Number 053023018

Community Details

Overview

  • 54 Units
  • Villa Fontana Association, Phone Number (805) 544-9093
  • Management Trust HOA
  • Maintained Community

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,887

Year Built

Built in 1981

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 053023018
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 984.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Pantry
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 426.83
  • Room Type: Living Room, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Maintenance Grounds, Call for Rules, Management
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Fontana
  • Phone: (805) 544-9093
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights
  • Association Management: Management Trust

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 54
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 111.03
  • Tax Lot: 1
  • Tax Tract Number: 744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Sahan Gurpreet Singh and Toral Adare
Bought by
Sahan Gurpreet Singh
Current Estimated Value
$632,685

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 12, 2019
Sold by
Fleming John Thomas and Teague Mary E
Bought by
Sahan Gurpreet Singh and Toral Adare
Seller's Agent
David Campa
Richardson Sotheby's International Realty
Buyer's Agent
Michelle Braunschweig
Richardson Sotheby's International Realty
List Price
$414,900
Sold Price
$420,000
Premium/Discount to List
$5,100
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$336,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2012
Sold by
Fleming Anna and Fleming John B
Bought by
Fleming Anna and Fleming John B

Purchase Details

Closed on
Feb 10, 2009
Sold by
Fleming John B and Fleming Anna
Bought by
Fleming John B and Fleming Anna

Purchase Details

Closed on
Mar 16, 2006
Sold by
Fleming John B and Fleming Anna
Bought by
Fleming John B and Fleming Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Sahan Gurpreet Singh -- Stewart Title
Sahan Gurpreet Singh $420,000 Placer Title Company
Fleming Anna -- None Available
Fleming John B -- None Available
Fleming John B -- Cuesta Title
Fleming John B -- Cuesta Title
Torres Anne E -- Cuesta Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahan Gurpreet Singh $334,500
Previous Owner Sahan Gurpreet Singh $336,000
Previous Owner Torres Anne E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $420,000 +1.2% $427 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $414,900 -- $422 / 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 $5,887 $543,312 $314,284 $229,028
2024 $4,887 $532,660 $308,122 $224,538
2023 $4,887 $441,493 $236,514 $204,979
2022 $4,580 $432,837 $231,877 $200,960
2021 $4,508 $424,351 $227,331 $197,020
2020 $4,461 $420,000 $225,000 $195,000
2019 $4,224 $393,984 $215,450 $178,534
2018 $2,510 $205,905 $118,529 $87,376
2017 $2,165 $201,868 $116,205 $85,663
2016 $2,122 $197,911 $113,927 $83,984
2015 $2,090 $194,939 $112,216 $82,723
2014 $1,919 $191,121 $110,018 $81,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19247760

California Regional Multiple Listing Service (CRMLS)

APN: 053-023-018