NOT LISTED FOR SALE

Estimated Value: $895,107 - $1,325,000

3 Beds
2 Baths
1,477 Sq Ft
$701/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $672,000 $455 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,339/month

116 Days on Market

Highlights

  • Ocean View
  • Deck
  • Sun or Florida Room
  • Coast Union High School Rated A
  • Cathedral Ceiling
  • No HOA

About This Home

As of March 2016

Designed by David Einung, this three bedroom LICENSED VACATION RENTAL is located near the top of the Top of the World. Surrounded by vacant lots to the west and south, enjoy beautiful forest and ocean views (all the way up to The Cove!). The combination of the two affords KILLER sunset views throughout the year. The Top Of The World has the highest elevation in town. It is typically warmer, sunnier, less windy and has less fog than the rest of town. Have your cake and eat it too in a house that has a successful rental history..allowing you to use the house when you want yet still earn income when you're not. This is a TURNKEY INVESTMENT. All furniture and furnishings, which were all specifically selected for its unique place in the house, are included.

Last Agent to Sell the Property

Bob Kasper

The Real Estate Company of Cambria License #01423355 Listed on: 10/19/2015

Last Buyer's Agent

Robert Moynier

Central Coast Sotheby’s International Realty License #01246300

Central Coast Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,539

Year Built

  • Built in 1988

Lot Details

  • 3,500 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Lot Sloped Down

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Woods
  • Peek-A-Boo

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,477 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 024211003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,539

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Subdivision Name Other: Top of the World(2170)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 024211003
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1477.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 454.98
  • Room Type: Sun

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Ocean, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Deck, Enclosed, Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Phone Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Sloped Down, Paved
  • Lot Size Sq Ft: 3500.00
  • Lot Size Acres: 0.0800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 22, 2016
Sold by
Porter Ross U and Porter Jennifer S
Bought by
Cole Sherry and Cole Thomas
Seller's Agent
Bob Kasper
The Real Estate Company of Cambria
Buyer's Agent
Robert Moynier
Central Coast Sotheby’s International Realty
List Price
$699,000
Sold Price
$672,000
Premium/Discount to List
-$27,000
-3.86%
Current Estimated Value
$1,034,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,777
Avg. Annual Appreciation
4.68%
Original Mortgage
$561,200
Outstanding Balance
$445,400
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$589,377

Purchase Details

Listed on
Oct 7, 2014
Closed on
Nov 22, 2014
Sold by
Cota Carlos E and Ibarra Nicholas G
Bought by
Porter Ross U and Porter Jennifer S
Seller's Agent
Richard Breen
Breen Realty
Buyer's Agent
Non Member
Non-member Office
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$536,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2005
Sold by
Fletcher Gregory K and Fletcher Cynthia J
Bought by
Cota Carlos E and Ibarra Nicholas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Fletcher Gregory K and Fletcher Cynthia J
Bought by
Fletcher Gregory K and Fletcher Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Fletcher Gregory K and Fletcher Cynthia J
Bought by
Fletcher Gregory K and Fletcher Cynthia J
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 Buyer Sale Price Title Company
Cole Sherry $672,000 Placer Title Company
Porter Ross U $670,000 First American Title Company
Cota Carlos E $665,000 Fidelity National Title Co
Fletcher Gregory K -- First American Title Company
Fletcher Gregory K -- First American Title Company
Fletcher Gregory K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Sherry $293,800
Open Cole Sherry $561,200
Previous Owner Porter Ross U $536,000
Previous Owner Cota Carlos E $324,432
Previous Owner Cota Carlos E $359,600
Previous Owner Fletcher Gregory K $223,000
Previous Owner Fletcher Gregory K $60,000
Previous Owner Fletcher Gregory K $101,000
Previous Owner Fletcher Gregory K $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $672,000 -1.0% $455 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
12/28/2015 12/28/15 Price Changed $679,000 -2.9% $460 / Sq Ft
10/19/2015 10/19/15 For Sale $699,000 +4.3% $473 / Sq Ft
12/19/2014 12/19/14 Sold $670,000 -0.7% $454 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $675,000 -- $457 / 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 $8,539 $795,504 $473,516 $321,988
2024 $8,394 $779,907 $464,232 $315,675
2023 $8,394 $764,616 $455,130 $309,486
2022 $8,230 $749,624 $446,206 $303,418
2021 $8,111 $734,926 $437,457 $297,469
2020 $8,019 $727,391 $432,972 $294,419
2019 $7,865 $713,130 $424,483 $288,647
2018 $7,710 $699,148 $416,160 $282,988
2017 $7,556 $685,440 $408,000 $277,440
2016 $7,442 $675,140 $279,193 $395,947
2015 $7,337 $665,000 $275,000 $390,000
2014 $5,827 $532,000 $345,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1061102

California Regional Multiple Listing Service (CRMLS)

APN: 024-211-003