NOT LISTED FOR SALE

1900 Ebony Dr Paso Robles, CA 93446

Estimated Value: $1,080,066 - $1,093,000

8 Beds
8 Baths
3,600 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $855,000 $238 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,547/month

1 Day on Market

Highlights

  • Property is near a park
  • No HOA
  • Laundry Room
  • Paso Robles High School Rated A-
  • Double Pane Windows
  • More Than Two Accessible Exits

About This Home

As of May 2021

Looking for that "golden nugget" investment property?! Look no further, this four-plex is just what you have been looking for! Each unit offers 900 SF with 2 Bedrooms and 1.5 Baths. Each unit has a one car garage with laundry hookups and there are also four extra parking spaces located at the rear side of the building. The two outside units include a nice size side yard with patio covers and a newer wrought iron fence installed. This rare opportunity won't last long!

Last Agent to Sell the Property

Jennifer Rogers

RE/MAX Parkside Real Estate License #01773813 Listed on: 04/22/2021

RE/MAX Parkside Real Estate

Last Buyer's Agent

Matthew Rogers

CHAMPION Real Estate License #01982121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,087

Year Built

  • Built in 1984

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Screens
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Additional Features

  • More Than Two Accessible Exits
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Tax Tract Number 1161
  • Assessor Parcel Number 009755016

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Pr City Limits East Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,321
  • Professional Management Expense $2,244
  • Trash Expense $1,520
  • Water Sewer Expense $5,062
  • New Taxes Expense $7,153
  • Operating Expense $11,945
  • Gross Income $60,000
  • Net Operating Income $48,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,087

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2244.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: PR City Limits East(110)
  • View: No
  • Water Sewer Expenses: 5062.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 009755016
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 237.50
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters, Satellite Dish
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1520.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Park Nearby
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 2321.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 48055.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 11945.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 11945.00

Tax Info

  • New Taxes Expense: 7153.00
  • Tax Census Tract: 102.02
  • Tax Lot: 16
  • Tax Tract Number: 1161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Apr 27, 2021
Sold by
Reilly Michael J and Reilly Laurie M
Bought by
Ouellet David and Ouellet Patricia L
Seller's Agent
Jennifer Rogers
RE/MAX Parkside Real Estate
Buyer's Agent
Matthew Rogers
CHAMPION Real Estate
List Price
$799,900
Sold Price
$855,000
Premium/Discount to List
$55,100
6.89%
Current Estimated Value
$1,084,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,689
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
Jul 9, 2015
Closed on
Aug 18, 2015
Sold by
Webber Steven R and Webber Revocable Livi Steven R
Bought by
Reilly Michael J and Reilly Laurie M
Seller's Agent
Cathy Wolfe
BHGRE Haven Properties
Buyer's Agent
Laurie Reilly
Century 21 Hometown Realty, Paso Robles Office
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$390,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Webber Steven R
Bought by
Webber Steven R and Webber Revocable Livi 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
$358,400
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2004
Sold by
Gallardo Crisoforo and Gallardo Sally L
Bought by
Webber Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
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
Ouellet David $855,000 Fidelity National Title Co
Reilly Michael J $580,000 First American Title Company
Webber Steven R -- Fidelity Title Company
Webber Steven $575,000 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reilly Michael J $390,000
Previous Owner Webber Steven $358,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2021 05/19/21 Sold $855,000 +6.9% $238 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $799,900 +37.9% $222 / Sq Ft
10/16/2015 10/16/15 Sold $580,000 -2.5% $161 / Sq Ft View Prior Sale
08/11/2015 08/11/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $595,000 -- $165 / 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 $10,087 $925,478 $297,668 $627,810
2024 $9,923 $907,332 $291,832 $615,500
2023 $9,923 $889,542 $286,110 $603,432
2022 $9,775 $872,100 $280,500 $591,600
2021 $7,614 $645,248 $251,537 $393,711
2020 $7,153 $638,632 $248,958 $389,674
2019 $7,051 $626,111 $244,077 $382,034
2018 $6,955 $613,836 $239,292 $374,544
2017 $6,540 $601,800 $234,600 $367,200
2016 $6,412 $590,000 $230,000 $360,000
2015 $6,046 $550,000 $180,000 $370,000
2014 $4,978 $666,896 $231,961 $434,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21084384

California Regional Multiple Listing Service (CRMLS)

APN: 009-755-016