NOT LISTED FOR SALE

164 S Mallagh St Nipomo, CA 93444

16 Beds
13 Baths
6,170 Sq Ft
24,002 Sq Ft Lot

Last Sold August 09, 2019

Last sale price $1,780,000 $288 Per Sq Ft

45 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • No HOA
  • Central Heating and Cooling System
  • 0.55 Acre Lot
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of August 2019

Subject to cancelation of existing escrow. Investors.Supreme investment arrives with SEVEN UNITS TOTAL including 5 newly-built stand alone residences. They'll be finished in 2nd quarter of 2019! Newly built buildings include new micro-community that is focused on sustainable communal living and recapturing the vision of the American suburban neighborhood. Located at the corner of Price & Mallagh in Nipomo, CA this development will include 5 single family homes: 3- 3 3edrooms with 1 3/4 baths and 2-2 bedrooms with 1 3/4 baths. All units include a private yard and open up to a public common space. Leases will begin in Q2 2019. Also approved for one more unit with utilities already installed. Just when you thought you heard it all, after the final sign off there will be a separate electric metered renovated two bedroom home and separate electric metered additional one bedroom home. Current rents are 1550 and 900 for two and one bedroom homes respectively each with their own bathroom.

So what are you waiting for? Get yourself in gear with an accepted agreement with the seller today. Have the enjoyment of watching the final finished product final touches completed. Get ready to rent for the fortunate few who will enjoy brand new occupancy. The work-load of new construction remains in its final stages! The early investor-bird gets the worm so drive by, then arrange your agent to write an offer today subject to viewing. Lastly if needed, the owner will carry note with 30% down.

Last Agent to Sell the Property

Paul Masters

Home Masters Realty License #01194435 Listed on: 02/12/2019

Last Buyer's Agent

Kevin King

King Properties License #01013696

King Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 24,000 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Density is 11-15 Units/Acre

Parking

  • 18 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 6,170 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 13 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 090136005

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 7 Units

Building Details

  • 9 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0.55 Acres

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Nipomo(340)
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 090136005
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 288.49

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 24000.00
  • Lot Size Acres: 0.5510
  • Latitude Manual: 35.03955100

Multi Family

  • Lot Size Area: 24000.0000 Square Feet
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 7
  • Rent Control: No
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2019 08/09/19 Sold $1,780,000 -4.5% $288 / Sq Ft
04/23/2019 04/23/19 Price Changed $1,863,000 0.0% $302 / Sq Ft
04/23/2019 04/23/19 For Sale $1,863,000 +3.8% $302 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/22/2019 03/22/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $1,794,000 -9.8% $291 / Sq Ft
02/12/2019 02/12/19 For Sale $1,989,550 +1054.4% $322 / Sq Ft
04/30/2012 04/30/12 Sold $172,350 -13.4% $96 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Pending -- -- --
02/25/2012 02/25/12 For Sale $199,000 -- $111 / 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
2025 $21,783 $2,117,781 $771,593 $1,346,188
2024 $21,534 $2,076,257 $756,464 $1,319,793
2023 $21,534 $2,035,547 $741,632 $1,293,915
2022 $19,495 $1,834,408 $669,868 $1,164,540
2021 $19,460 $1,798,440 $656,734 $1,141,706
2020 $19,237 $1,780,000 $650,000 $1,130,000
2019 $4,161 $379,760 $101,335 $278,425
2018 $2,206 $199,766 $99,349 $100,417
2017 $2,165 $195,850 $97,401 $98,449
2016 $2,041 $192,011 $95,492 $96,519
2015 $2,012 $189,128 $94,058 $95,070
2014 $1,938 $185,424 $92,216 $93,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19032612

California Regional Multiple Listing Service (CRMLS)

APN: 090-136-005

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