NOT LISTED FOR SALE

1900 Nevada Ct Los Osos, CA 93402

Estimated Value: $1,033,000 - $1,818,000

4 Beds
4 Baths
2,859 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $915,000 $320 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,168/month

55 Days on Market

Highlights

  • Golf Course Community
  • Back Bay Views
  • Beamed Ceilings
  • Monarch Grove Elementary School Rated A
  • Corner Lot
  • Cul-De-Sac

About This Home

As of June 2018

The Opportunity of a lifetime! Great duplex nestled on a large corner lot in a highly desirable location. Located across the street from multi-million dollar bay-front properties and also near Sea Pines Golf Resort, Montana De Oro State Park, Dunes and trails! The front unit boasts views of the back bay, a master suite with walk in closet, and guest quarters with its own bath. The back unit offers loads of privacy and also includes a master suite with a walk in closet and guest bedroom & bath. Both spacious units are 2 bedroom 2 bath and each unit has its own two car garage & laundry hookups! Featuring new Coretec flooring, each 1400 sq ft unit (approximate) features a great floor plan, wonderful open beam ceilings, and loads of natural light from the clear story windows.

Last Agent to Sell the Property

Simon Van Beurden

Bay Osos Brokers License #01909180 Listed on: 03/15/2018

Co-Listed By

Leon Van Beurden

Bay Osos Brokers License #00646313

Last Buyer's Agent

Steve Auslender

Dianne Blanchard, Broker License #01068681

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,950

Year Built

  • Built in 1974

Lot Details

  • 7,912 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Landscaped
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Property Views

  • Back Bay
  • Mountain

Home Design

  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,859 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Utilities

  • Forced Air Heating System
  • 220 Volts in Garage
  • Private Water Source
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Assessor Parcel Number 074461009

Community Details

Overview

  • 2 Units

Recreation

  • Golf Course Community
  • Horse Trails

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $600
  • New Taxes Expense $13,350
  • Operating Expense $14,800
  • Gross Income $54,000
  • Net Operating Income $39,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,950

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Sunset Terrace(660)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 074461009
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Levels: One
  • Price Per Square Foot: 320.04

Exterior Features

  • Foundation: Raised, Slab
  • View: Back Bay, Bay, Mountain(s)
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer, Sewer Assessments
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Cul-De-Sac, Landscaped
  • Lot Size Sq Ft: 7912.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 1400 Square Feet
  • Gross Income: 54000.00
  • Gross Operating Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 850.00
  • Net Operating Income: 39200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 14800.00
  • Rent Control: No
  • Total Actual Rent: 4500.00
  • Total Expenses: 14800.00

Tax Info

  • New Taxes Expense: 13350.00
  • Tax Census Tract: 107.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jun 6, 2018
Sold by
Rebecca Simon C and Vanbeurden Rebecca Van
Bought by
Nesser Catherine L
Seller's Agent
Simon Van Beurden
Bay Osos Brokers
Buyer's Agent
Steve Auslender
Dianne Blanchard, Broker
List Price
$945,000
Sold Price
$915,000
Premium/Discount to List
-$30,000
-3.17%
Current Estimated Value
$1,404,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,120
Avg. Annual Appreciation
5.99%
Original Mortgage
$485,000
Outstanding Balance
$419,444
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$984,676

Purchase Details

Closed on
Aug 3, 2016
Sold by
Vanbeurden Simon C and Vanbeurden Van Beurden
Bought by
Vanbeurden Simon C and Vanbeurden Van Beurden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Vanbeurden Leon and Vanbeurden Van Beurden
Bought by
Vanbeurden Simon and Fowler Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Vanbeurden Leon and Vanbeurden Van Beurden
Bought by
Vanbeurden Leon and Vanbeurden Van Beurden

Purchase Details

Closed on
Aug 23, 2000
Sold by
Reeves Marjorie and Reeves Stephen William
Bought by
Vanbeurden Leon and Vanbeurden Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
8.78%
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
Nesser Catherine L $915,000 First American Titel Co
Vanbeurden Simon C -- First American Title Company
Vanbeurden Simon $500,000 First American Title Company
Vanbeurden Leon -- Chicago Title Co
Vanbeurden Leon $370,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nesser Catherine L $485,000
Previous Owner Vanbeurden Simon C $455,000
Previous Owner Vanbeurden Simon $400,000
Previous Owner Vanbeurden Leon $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $915,000 -1.1% $320 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $925,000 -2.1% $324 / Sq Ft
03/15/2018 03/15/18 For Sale $945,000 -- $331 / 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 $20,950 $1,581,000 $841,500 $739,500
2024 $14,971 $1,020,695 $501,981 $518,714
2023 $14,971 $1,000,683 $492,139 $508,544
2022 $13,959 $981,063 $482,490 $498,573
2021 $14,296 $961,828 $473,030 $488,798
2020 $13,728 $951,966 $468,180 $483,786
2019 $13,436 $933,300 $459,000 $474,300
2018 $9,369 $535,468 $224,734 $310,734
2017 $9,152 $524,970 $220,328 $304,642
2016 $6,983 $514,677 $216,008 $298,669
2015 $6,899 $506,947 $212,764 $294,183
2014 $6,018 $454,802 $172,086 $282,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC18051797

California Regional Multiple Listing Service (CRMLS)

APN: 074-461-009