NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $2,666,000

4 Beds
2 Baths
2,486 Sq Ft
$750/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $2,100,000 $845 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $10,849/month

74 Days on Market

Highlights

  • 2.4 Acre Lot
  • Mountain View
  • 2 Car Attached Garage
  • Sinsheimer Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of July 2020

Potential development! This highly sought-after location with great proximity to the city and shopping with panoramic city views from each of the properties. 3 parcels for sale ranging in size from 1.04 to 5.13+/- acres with total acreage about 8.57, are being sold together. The address and parcel #s are 1669 (004-751-004), 1681 (004-751-005), and 1691(004-751-010) Colina Court. 1691+ 1681 each have a home on it and share a common wall that is believed to be the property line between the two parcels. Two parcels are improved with residential residents and various outbuildings (garages, shop, and RV storage building). The third parcel is unimproved except for an in-ground water storage tank and perimeter fencing. These parcels are on the hillside located on the eastern fringe of the City of SLO. There is a private water supply with one known spring located off-site that provides water to a 6,000-gal water storage tank located off-site and to a 12,000-gal, in ground tank located on 1669 Colina. The spring currently provides all of the water needs for 1691 and 1681. However, the property is in the city and has a water line to the property along with sewer at the top of the Colina Court cul de sac. These parcels are being sold as “Land Value Only”. Additional access has been obtained for possible additional density. Bring your developer or a buyer for their own compound. Buyer is advised to meet with the city for information regarding property use, density, and access.

Last Agent to Sell the Property

Andrew Richardson

Richardson Sotheby's International Realty License #01872187 Listed on: 09/27/2019

Richardson Sotheby's International Realty

Co-Listed By

Charles Richardson

Richardson Sotheby's International Realty License #00416661

Last Buyer's Agent

Stephanie Ronca

Compass License #01970051

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,210

Year Built

  • Built in 1940

Lot Details

  • 2.4 Acre Lot
  • 004751004, 004751010
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 2,486 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 004751005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,210

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 004751005
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2486.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 844.73
  • Room Type: Basement, Kitchen, Living Room

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 004751004, 004751010
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 104404.00
  • Lot Size Acres: 2.3968

Multi Family

  • Lease Considered: No
  • Lot Size Area: 104404.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 110.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jul 23, 2020
Sold by
Mead Beverly May
Bought by
Magner John A and Magner Heidi L
Seller's Agent
Andrew Richardson
Richardson Sotheby's International Realty
Buyer's Agent
Stephanie Ronca
Compass
List Price
$2,676,000
Sold Price
$2,100,000
Premium/Discount to List
-$576,000
-21.52%
Current Estimated Value
$1,865,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234,363
Avg. Annual Appreciation
-7.44%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Smee Smee Kenneth E Kenneth E
Bought by
Smee Kenneth E

Purchase Details

Closed on
Jan 4, 1994
Sold by
Ahearn J Dennis and Ahearn Sandra D
Bought by
Smee Kenneth E and Smee Lola Bell
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
Magner John A $2,100,000 First American Title Company
Smee Kenneth E -- None Available
Smee Kenneth E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smee Kenneth E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $2,100,000 -21.5% $845 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $2,676,000 0.0% $1,076 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $2,676,000 -- $1,076 / 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 $8,210 $757,700 $649,458 $108,242
2024 $8,061 $742,844 $636,724 $106,120
2023 $8,061 $728,280 $624,240 $104,040
2022 $7,556 $714,000 $612,000 $102,000
2021 $7,436 $700,000 $600,000 $100,000
2020 $706 $66,490 $37,049 $29,441
2019 $699 $65,187 $36,323 $28,864
2018 $610 $63,910 $35,611 $28,299
2017 $597 $62,658 $34,913 $27,745
2016 $584 $61,430 $34,229 $27,201
2015 $574 $60,508 $33,715 $26,793
2014 $525 $59,324 $33,055 $26,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19226564

California Regional Multiple Listing Service (CRMLS)

APN: 004-751-005