NOT LISTED FOR SALE

1905 Spring St Paso Robles, CA 93446

Estimated Value: $1,581,485

4 Beds
3.5 Baths
2,650 Sq Ft
$597/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,375,000 $519 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,611/month

5 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Great Room
  • Paso Robles High School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of December 2021

Built in 1915 this historic property is located within the downtown core of Paso Robles and steps to Paso Market Walk. The actively run and licensed vacation rental sits on an 8800 +/- square foot city lot and offers 2650 +/- of interior square footage split over two units and sleeps up to 10 guests. The updated and largely original home opens onto amenities such as a wood burning fireplace, built in bookcases and cabinets, archways and craftsman details, crown moulding and cedar lined closets, hardwood flooring throughout lower level that flows onto the formal dining room and onto the kitchen with a Wedgewood oven and windowed breakfast nook. The home offers three bedrooms and three bathrooms on the primary level along with a spacious living room and secondary living area with prep kitchen, and the upper level has one bedroom and one bathroom with living area and kitchenette with a sink, microwave, and oven. The detached two plus car garage/work provides ample parking, storage, and additional use/potential. Multiple patios and sitting areas. Landscaped front and rear yards. Step down basement with wine cellar potential. Potential abound with the prime location in the heart of wine country.

Last Agent to Sell the Property

Lisa J Lewis

Richardson Sotheby's International Realty License #01492410 Listed on: 10/22/2021

Last Buyer's Agent

Lauren Beckett

GUIDE Real Estate License #01895964

GUIDE Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 8,800 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned T3F

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Neighborhood Views
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pr City Limits West Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 159
  • Assessor Parcel Number 008233012

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: PR City Limits West(120)
  • View: Yes
  • Zoning: T3F
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 008233012
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2650.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 518.87
  • Room Type: Basement, Bonus Room, Entry, Family Room, Formal Entry, Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 8800.00
  • Lot Size Acres: 0.2020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8800.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 159
  • Tax Census Tract: 101.02
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Schmit and Nicole
Bought by
Shmit Family Trust
Current Estimated Value
$1,581,485

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 1, 2021
Sold by
Koch Howard Kirn M G and Howard Kim Koch Revocable Trus
Bought by
Schmit Donovan and Schmit Nicole
Seller's Agent
Lisa J Lewis
Richardson Sotheby's International Realty
Buyer's Agent
Lauren Beckett
GUIDE Real Estate
List Price
$1,375,000
Sold Price
$1,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$915,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2020
Sold by
Koch Howard Kim M G
Bought by
Koch Howard Kim M G and Howard Kim Koch Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2020
Sold by
Koch Howard Kim M G
Bought by
Koch Howard Kim M G and Howard Kim Kouch Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2018
Sold by
Zubiliga Edward L and Ballew Zubiliga Patrice Y
Bought by
G Koch Iii Howard Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Zubillaga Edward L and Ballew Patrice Y
Bought by
Zubillaga Edward L and Ballew Zubillaga Patrice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2002
Sold by
Hatch Sandra K and Smith Sharon L
Bought by
Zubillaga Edward L and Ballew Patrice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2002
Sold by
Hatch Sandra K and Smith Sharon L
Bought by
Zubillaga Edward L and Ballew Patrice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2001
Sold by
Harrington Samuel J
Bought by
Hatch Sandra K and Smith Sharon L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shmit Family Trust -- None Listed On Document
Schmit Donovan $1,375,000 Fidelity National Title Co
Koch Howard Kim M G -- Fidelity National Title Co
Koch Howard Kim M G -- Fidelity National Title Co
Koch Howard Kim M G -- None Available
G Koch Iii Howard Kim M $810,000 First American Title Co
Zubillaga Edward L -- First American Title Company
Zubillaga Edward L $300,000 First American Title Ins Co
Zubillaga Edward L -- First American Title Ins Co
Hatch Sandra K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmit Donovan $915,000
Previous Owner Koch Howard Kim M G $567,000
Previous Owner G Koch Iii Howard Kim M $567,000
Previous Owner Zubillaga Edward L $303,000
Previous Owner Zubillaga Edward L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $1,375,000 0.0% $519 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $1,375,000 -- $519 / 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 $15,904 $1,459,161 $530,604 $928,557
2024 $15,645 $1,430,550 $520,200 $910,350
2023 $15,645 $1,402,500 $510,000 $892,500
2022 $15,412 $1,375,000 $500,000 $875,000
2021 $9,381 $834,758 $360,698 $474,060
2020 $9,253 $826,200 $357,000 $469,200
2019 $9,122 $810,000 $350,000 $460,000
2018 $2,887 $389,493 $149,304 $240,189
2017 $2,728 $381,857 $146,377 $235,480
2016 $2,683 $374,370 $143,507 $230,863
2015 $1,969 $368,748 $141,352 $227,396
2014 $3,837 $361,526 $138,584 $222,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21233756

California Regional Multiple Listing Service (CRMLS)

APN: 008-233-012