NOT LISTED FOR SALE

1903 Teak Dr Paso Robles, CA 93446

Estimated Value: $902,000 - $1,062,000

8 Beds
6 Baths
2,752 Sq Ft
$364/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $580,000 $211 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,899/month

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Central Vacuum
  • Paved or Partially Paved Lot
  • Paso Robles High School Rated A-

About This Home

As of February 2016

Marketing Remarks: Excellent 4 unit complex, each unit 2 bed and 1 1/2 bad. Corner units closed to shopping center, park and schools. This unit is as is seller will do no repairs or reports. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Maria Gutierrez

Corvera Real Estate License #01205634 Listed on: 12/29/2015

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,484

Year Built

  • Built in 1985

Lot Details

  • 6,752 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,752 Sq Ft Home
  • Central Vacuum

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Community Details

  • 8 Units
  • Gross Income $4,800

Listing and Financial Details

  • Assessor Parcel Number 009755017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,484

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subdivision Name Other: PR City Limits East(110)
  • Property Type: Residential Income
  • Parcel Number: 009755017
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Vacuum Central
  • Levels: Two
  • Price Per Square Foot: 210.76

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Utilities

  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Operating Income: 4800.00
  • Lot Size Area: 0.1600 Acres
  • Number Of Units Total: 8
  • Operating Expense: 1851.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2015
Closed on
Jan 20, 2016
Sold by
Aguilar Federico and Aguilar Maria B
Bought by
Colpitts Guy and Colpitts Sara
Seller's Agent
Maria Gutierrez
Corvera Real Estate
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
$1,002,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,901
Avg. Annual Appreciation
5.81%
Original Mortgage
$435,000
Outstanding Balance
$346,078
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$656,823

Purchase Details

Closed on
Sep 21, 2006
Sold by
Aguilar Federico N and Aguilar Maria B
Bought by
Aguilar Federico N and Aguilar Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2003
Sold by
Aguilar Federico N and Aguilar Maria B
Bought by
Aguilar Federico N and Aguilar Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2000
Sold by
Cardenas Beatriz
Bought by
Sandoval Jorge Cardenas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,874
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2000
Sold by
Birkenfeld Del W and Birkenfeld Ramona
Bought by
Aguilar Federico N and Aguilar Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,874
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1998
Sold by
Cunningham Doug V and Cunningham Eleanor
Bought by
Birkenfeld Del W and Birkenfeld Ramona

Purchase Details

Closed on
Mar 21, 1996
Sold by
Jongeling Abraham and Jongeling Maria
Bought by
Cunningham Doug V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
6.98%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colpitts Guy $580,000 First American Title Company
Aguilar Federico N -- Fidelity National Title Co
Aguilar Federico N -- Fidelity Title Company
Sandoval Jorge Cardenas -- First American Title Ins Co
Aguilar Federico N $260,000 First American Title
Birkenfeld Del W $56,000 Chicago Title Co
Cunningham Doug V $164,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colpitts Guy $435,000
Previous Owner Aguilar Federico N $440,000
Previous Owner Aguilar Federico N $339,500
Previous Owner Aguilar Federico N $257,874
Previous Owner Cunningham Doug V $146,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2016 02/18/16 Sold $580,000 0.0% $211 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $580,000 -- $211 / 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 $7,484 $686,596 $236,756 $449,840
2024 $7,361 $673,134 $232,114 $441,020
2023 $7,361 $659,936 $227,563 $432,373
2022 $7,252 $646,997 $223,101 $423,896
2021 $7,128 $634,312 $218,727 $415,585
2020 $7,031 $627,809 $216,485 $411,324
2019 $6,932 $615,500 $212,241 $403,259
2018 $6,837 $603,432 $208,080 $395,352
2017 $6,429 $591,600 $204,000 $387,600
2016 $4,076 $375,064 $113,020 $262,044
2015 $4,061 $369,431 $111,323 $258,108
2014 -- $433,413 $137,448 $295,965
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Maria Gutierrez

    Corvera Real Estate

    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember Nonmember

    Nonmember Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1061923

California Regional Multiple Listing Service (CRMLS)

APN: 009-755-017

California San Luis Obispo County Paso Robles 93446

1903 Teak Dr, Paso Robles, CA

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