NOT LISTED FOR SALE

1840 Paso Robles St Oceano, CA 93445

Oceano Neighborhood

Estimated Value: $1,023,117 - $1,454,000

10 Beds
4 Baths
3,100 Sq Ft
$391/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $530,000 $171 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,963/month

80 Days on Market

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • 1-minute walk to Oceano Dunes State Vehicular Recreation Area
  • Arroyo Grande High School Rated A-

About This Home

As of February 2014

Marketing Remarks: Well located Fourplex across from Oceano Elementary School. Units are all 2 bedroom and 1 bath with onsite parking which includes 4 garages and 4 open parking spots, in addition there is an onsite laundry room. All units single level with two on the ground floor and two above. Current rents range from $1,000.00 TO $1,100.00.

Last Agent to Sell the Property

Gary Lehman

BHGRE Haven Properties License #01048538 Listed on: 11/19/2013

BHGRE Haven Properties

Last Buyer's Agent

Mary Wheeler

Keller Williams Realty Central Coast License #00948070

Keller Williams Realty Central Coast

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 7,000 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • 3,100 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Parking

  • On-Street Parking
  • On-Site Parking

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • 10 Bedrooms
  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 062085022

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $50,100
  • Net Operating Income $40,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 062085022
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 170.97

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: No
  • Parking Features: On Site, Street

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 50100.00
  • Lot Size Area: 0.1600 Acres
  • Net Operating Income: 40100.00
  • Number Of Units Total: 4
  • Operating Expense: 10000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Feb 14, 2014
Sold by
Webber Steven R
Bought by
Isebrands Sovath and Isebrands David Lee
Seller's Agent
Gary Lehman
BHGRE Haven Properties
Buyer's Agent
Mary Wheeler
Keller Williams Realty Central Coast
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Current Estimated Value
$1,213,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,372
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Webber Steven R
Bought by
Webber Steven R

Purchase Details

Closed on
Jul 11, 2003
Sold by
Breese Vance E and Breese Vance
Bought by
Webber Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2002
Sold by
Breese Charlene Y
Bought by
Breese Vance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.94%

Purchase Details

Closed on
Mar 7, 1994
Sold by
Breese Vance
Bought by
Breese Vance E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Isebrands Sovath $530,000 Fidelity National Title Co
Webber Steven R -- Fidelity Title Company
Webber Steven R $526,000 Chicago Title Company
Breese Vance -- Chicago Title Co
Breese Vance E -- Homestead Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webber Steven R $322,700
Previous Owner Breese Vance $60,000
Previous Owner Breese Vance E $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $530,000 -10.9% $171 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $595,000 -- $192 / 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 $7,946 $649,695 $183,874 $465,821
2024 $7,869 $636,957 $180,269 $456,688
2023 $7,869 $624,469 $176,735 $447,734
2022 $7,768 $612,225 $173,270 $438,955
2021 $7,756 $600,222 $169,873 $430,349
2020 $7,681 $594,069 $168,132 $425,937
2019 $7,634 $582,422 $164,836 $417,586
2018 $7,464 $571,003 $161,604 $409,399
2017 $7,265 $559,808 $158,436 $401,372
2016 $6,826 $548,832 $155,330 $393,502
2015 $5,805 $540,589 $152,997 $387,592
2014 $6,433 $609,831 $231,961 $377,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1039262

California Regional Multiple Listing Service (CRMLS)

APN: 062-085-022

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