NOT LISTED FOR SALE

Estimated Value: $671,000 - $859,000

2 Beds
2 Baths
1,101 Sq Ft
$500/mo HOA Fee

Last Sold June 16, 2020

Last sale price $635,000 $577 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,260/month

211 Days on Market

Highlights

  • Rooftop Deck
  • Mountain View
  • Wood Flooring
  • Laguna Middle School Rated A
  • Property is near public transit
  • Home Office

About This Home

As of June 2020

Spectacular views and ideally located in the heart of SLO’s Historic Railroad District, walking distance to Downtown SLO, fabulous restaurants, shops, schools and more, don’t miss this amazing 2 bedroom, 2 full bath with AC condo with a dedicated parking spot. This open concept, single level loft is an entertainers dream with your own private spiral staircase up to your rooftop deck with amazing views of Madonna Mountain and lush green treetops. Inside you will find many windows letting in abundant natural light and gorgeous flooring throughout. The spacious kitchen features stainless steel appliances, quartz countertops and backsplash, waterfall peninsula with bar seating and oak wood cabinetry, which opens up to the living and dining areas and includes a cozy gas fireplace to warm up next to. The master ensuite has double sinks and and both full bathrooms have floor to ceiling tile in the shower. Don’t miss the opportunity to own one of only four, low maintenance, urban living, rustic contemporary Railroad Square lofts, perfect second home or vacation rental!

Last Agent to Sell the Property

Lindsey Harn

Christie's International Real Estate Sereno License #01868098 Listed on: 10/14/2019

Christie's International Real Estate Sereno

Last Buyer's Agent

Susie Brans

Richardson Sotheby's International Realty License #01710596

Richardson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,592

Year Built

  • Built in 2012

Lot Details

  • 1,050

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Mountain
  • Courtyard

Home Design

  • Turnkey

Interior Spaces

  • 1,101 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Outdoor Features

  • Rooftop Deck
  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003655023

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Railroad Square Residential Lofts Association, Phone Number (805) 544-7343
  • Westpac Property Management HOA
  • Maintained Community

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,592

Year Built

Built in 2012

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: CR
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 003655023
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1101.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 576.75
  • Room Type: Kitchen, Laundry, Living Room, Office
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Courtyard, Mountain(s)
  • Patio And Porch Features: Roof Top
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Railroad Square Residential Lofts
  • Phone: 805-544-7343
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Sidewalks, Street Lights, Suburban
  • Association Management: Westpac Property Management

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 1051.00
  • Lot Size Acres: 0.0241

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1051.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 111.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
May 21, 2020
Sold by
Rr2 Llc
Bought by
Jones Erika Anne and Collin Sidney Lise
Seller's Agent
Lindsey Harn
Christie's International Real Estate Sereno
Buyer's Agent
Susie Brans
Richardson Sotheby's International Realty
List Price
$775,000
Sold Price
$635,000
Premium/Discount to List
-$140,000
-18.06%
Current Estimated Value
$757,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,519
Avg. Annual Appreciation
4.15%
Original Mortgage
$571,500
Outstanding Balance
$416,296
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$368,078

Purchase Details

Closed on
Mar 7, 2019
Sold by
Scott Sally M and Knowles Nancy A
Bought by
Rr2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.3%
Mortgage Type
Commercial
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
Jones Erika Anne $635,000 Fidelity National Title Co
Rr2 Llc $600,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Erika Anne $571,500
Previous Owner Rr2 Llc $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Sold $635,000 -2.2% $577 / Sq Ft
05/13/2020 05/13/20 Price Changed $649,000 -3.9% $589 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $675,000 -4.8% $613 / Sq Ft
01/28/2020 01/28/20 Price Changed $709,000 -1.4% $644 / Sq Ft
12/02/2019 12/02/19 Price Changed $719,000 -4.0% $653 / Sq Ft
11/06/2019 11/06/19 Price Changed $749,000 -3.4% $680 / Sq Ft
10/14/2019 10/14/19 For Sale $775,000 +31.6% $704 / Sq Ft
06/05/2013 06/05/13 Sold $589,000 0.0% $532 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
07/19/2011 07/19/11 For Sale $589,000 -- $532 / 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 $7,592 $694,460 $437,456 $257,004
2024 $7,456 $680,844 $428,879 $251,965
2023 $7,456 $667,495 $420,470 $247,025
2022 $6,991 $654,408 $412,226 $242,182
2021 $6,871 $641,578 $404,144 $237,434
2020 $6,629 $612,000 $357,000 $255,000
2019 $7,095 $650,196 $331,170 $319,026
2018 $6,959 $637,448 $324,677 $312,771
2017 $6,821 $624,950 $318,311 $306,639
2016 $6,662 $612,697 $312,070 $300,627
2015 $6,469 $603,495 $307,383 $296,112
2014 $5,987 $591,674 $301,362 $290,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19242497

California Regional Multiple Listing Service (CRMLS)

APN: 003-655-023