$1,121,250
SOLD FEB 19, 2021
2 Beds
2 Baths
1,604 Sq Ft
$500/mo HOA Fee

Recently Sold

$699 Per Sq Ft

6% Below List Price

93 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Wood Flooring
  • Laguna Middle School Rated A
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of February 2021

The ultimate in privacy and only blocks from downtown San Luis Obispo, this modern loft occupies the entire 3rd floor with no neighbors or shared walls. The sophisticated two-bedroom, two-bathroom stunner features luxe walnut floors throughout with custom cabinetry, ultra high-end appliances, and luxurious finishes across the space. Specialty windows allow for scenic views while protecting your privacy. Ambiance abounds from the fireplace and skylight to built-in lighting designed to feature your art collection in style. Ideal for entertaining, the property offers over 500 square feet of outdoor terrace space off the kitchen and living area, with expansive scenic views of the surrounding mountains and downtown. Inside, a state-of-the-art sound system and entertainment center await, along with high-speed Fiber Optic internet connectivity. Beyond generous storage and closet space, amenities include a sub-zero wine refrigerator and reading nook complete with cantilevered shelves and cabinetry. The unique entrance through a historic brick building and up a beautiful stairwell (a spacious commercial elevator offers an accessible way home as well) makes for a lovely first impression. This rare luxury loft is truly a must-see.

Last Agent to Sell the Property

Chris Richardson

Richardson Sotheby's International Realty License #01200458 Listed on: 09/25/2020

Richardson Sotheby's International Realty

Co-Listed By

Kristen Gentry

Richardson Sotheby's International Realty License #01968754

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,813

Year Built

  • Built in 2012

Lot Details

  • No Common Walls
  • Zero Lot Line

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Metal Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Wired For Sound
  • Wired For Data
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Roller Shields
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • <<convectionOvenToken>>
  • Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Pest Guard System

Parking

  • Parking Available
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 003655021

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Railroad Square Association, Phone Number (805) 544-7343
  • Westpac HOA
  • San Luis Obispo Subdivision
  • Maintained Community

Amenities

  • Community Storage Space

Security

  • Security Service
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,813

Year Built

Built in 2012

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Furniture is negotiable
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Security Lights, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 003655021
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1604.00 Square Feet
  • Interior Amenities: Bar, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Partially Furnished, Recessed Lighting, Stone Counters, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 699.03
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Roller Shields
  • Bathroom Features: Bathtub, Shower, Dual Shower Heads (or Multiple), Exhaust Fan(s), Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Lighting
  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
  • Fence: No
  • Patio And Porch Features: Deck, Terrace
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Metal Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Parking Space

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Electric Oven, Freezer, Disposal, Gas Cooktop, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Storage, Insurance, Maintenance Grounds, Trash, Security, Controlled Access
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Railroad Square
  • Phone: 805-544-7343
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Westpac

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 1478.00
  • Lot Size Acres: 0.0339

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1478.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Fre 711 Llc
Bought by
Freel Peak Llc
Current Estimated Value
$1,040,712

Purchase Details

Listed on
Sep 25, 2020
Closed on
Feb 17, 2021
Sold by
Borrero Marian Michelle
Bought by
Fre 711 Llc
Seller's Agent
Chris Richardson
Richardson Sotheby's International Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,195,000
Sold Price
$1,121,250
Premium/Discount to List
-$73,750
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $195,500 First American Title Company
Grant Deed $1,121,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $897,000 New Conventional
Previous Owner $6,975,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $1,121,250 -6.2% $699 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $1,195,000 +87.0% $745 / Sq Ft
12/31/2012 12/31/12 Sold $639,000 0.0% $415 / Sq Ft
08/25/2011 08/25/11 Pending -- -- --
07/19/2011 07/19/11 For Sale $639,000 -- $415 / 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 $12,813 $1,167,328 $689,785 $477,543
2023 $12,813 $1,144,440 $676,260 $468,180
2022 $12,014 $1,122,000 $663,000 $459,000
2021 $7,778 $726,950 $341,292 $385,658
2020 $7,697 $719,497 $337,793 $381,704
2019 $7,612 $705,390 $331,170 $374,220
2018 $7,464 $691,560 $324,677 $366,883
2017 $7,315 $678,001 $318,311 $359,690
2016 $7,145 $664,708 $312,070 $352,638
2015 $6,944 $654,725 $307,383 $347,342
2014 $6,435 $641,901 $301,362 $340,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20195937

California Regional Multiple Listing Service (CRMLS)

APN: 003-655-021