NOT LISTED FOR SALE

Estimated Value: $582,116 - $769,000

3 Beds
3 Baths
1,851 Sq Ft
$373/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $425,000 $230 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,271/month

120 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Landscaped
  • Concrete Flooring

About This Home

As of February 2018

Rare duplex, rent both, live in one and rent the other. Lots of options. 188 Price is the Studio all on one floor upstairs, open and spacious with a Nipomo view. Wall furnace for heat. The studio has an assigned parking space. 190 Price is the Two bedroom unit has 2 1/2 bath. Living space downstairs with bedrooms upstairs, with polished cement floor. The bedrooms are fully carpeted. Each bedroom upstairs has a full bath, with forced air heat. Also has two car garage and a small yard. Both units come with refrigerator and stove. Studio comes with washer and dryer.

Last Listed By

Byron Grant

Century 21 Masters-Arroyo Grande License #00985985 Listed on: 08/09/2017

Century 21 Masters-Arroyo Grande

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,917

Year Built

  • Built in 2007

Lot Details

  • 4,832 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Level Lot
  • Lawn

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • 1,851 Sq Ft Home
  • Property Attached

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 090133023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $250
  • Fuel Expense $250
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $1,000
  • New Taxes Expense $5,000
  • Operating Expense $7,900
  • Gross Income $29,100
  • Net Operating Income $19,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,917

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Nipomo(340)
  • Water Sewer Expenses: 1000.00
  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 090133023
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Concrete, Laminate
  • Appliances: Yes
  • Price Per Square Foot: 229.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Assigned, Off Street, Shared Driveway, Street, Uncovered
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Level
  • Lot Size Sq Ft: 4832.00

Multi Family

  • Electric Expense: 250.00
  • Fuel Expense: 250.00
  • Gross Income: 29100.00
  • Gross Scheduled Income: 29100.00
  • Insurance Expense: 800.00
  • Net Operating Income: 19350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5800.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Expenses: 7900.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 124.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Jan 17, 2018
Sold by
Martin Claire and Claire Martin Family Trust
Bought by
Hampton Richard E and The Richard E Hampton Trust
Seller's Agent
Byron Grant
Century 21 Masters-Arroyo Grande
Buyer's Agent
Byron Grant
Century 21 Masters-Arroyo Grande
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Total Days on Market
120
Current Estimated Value
$689,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,779
Avg. Annual Appreciation
6.87%

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
Hampton Richard E $425,000 First American Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $425,000 -13.1% $230 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $489,000 -2.0% $264 / Sq Ft
08/09/2017 08/09/17 For Sale $499,000 -- $270 / 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
2024 $4,917 $474,091 $223,101 $250,990
2023 $4,917 $464,796 $218,727 $246,069
2022 $4,843 $455,684 $214,439 $241,245
2021 $4,834 $446,750 $210,235 $236,515
2020 $4,779 $442,170 $208,080 $234,090
2019 $4,749 $433,500 $204,000 $229,500
2018 $4,406 $399,020 $102,180 $296,840
2017 $4,323 $391,197 $100,177 $291,020
2016 $4,078 $383,527 $98,213 $285,314
2015 $4,019 $377,767 $96,738 $281,029
2014 $3,870 $360,000 $90,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI17182739

California Regional Multiple Listing Service (CRMLS)

APN: 090-133-023