NOT LISTED FOR SALE

1921 Beechwood Dr Paso Robles, CA 93446

Estimated Value: $880,000 - $1,043,000

8 Beds
8 Baths
3,528 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $650,000 $184 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,819/month

129 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 4 Car Garage
  • Paso Robles High School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2020

Opportunity to have your own income property with 4 units. This 4 plex is located on the east side of Paso Robles. This property consists of 2 building with 2 bedroom, 2 baths in each unit. They each have their own 1 car garage and washer dryer hookups. Located near to Sherwood Park and close to a small shopping center. Information deemed reliable but not verified.

Last Agent to Sell the Property

Kim Wurster

BHGRE HAVEN PROPERTIES License #01018025 Listed on: 08/19/2019

BHGRE HAVEN PROPERTIES

Co-Listed By

Kurtis Wurster

BHGRE HAVEN PROPERTIES License #01931796

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,748

Year Built

  • Built in 1985

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door

Home Design

  • 3,528 Sq Ft Home
  • Quadruplex
  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Additional Features

  • Gas Range
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 36
  • Tax Tract Number 1161
  • Assessor Parcel Number 009755036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,250
  • Insurance Expense $2,750
  • Professional Management Expense $1,056
  • Trash Expense $1,920
  • Water Sewer Expense $6,300
  • New Taxes Expense $7,689
  • Operating Expense $22,465
  • Gross Income $46,800
  • Net Operating Income $24,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,748

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 1056.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6300.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2250.00
  • Parcel Number: 009755036
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Price Per Square Foot: 184.24
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 882 Square Feet
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 2750.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 24335.00
  • 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 Carpet: 4
  • Number With Range: 4
  • Operating Expense: 22465.00
  • Rent Control: No
  • Total Actual Rent: 3900.00
  • Total Expenses: 22465.00

Tax Info

  • New Taxes Expense: 7689.00
  • Tax Census Tract: 102.02
  • Tax Lot: 36
  • Tax Tract Number: 1161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Feb 26, 2020
Sold by
Longcrier Wayne and Bailey Bruce B
Bought by
Colpitts Guy G and Colpitts Sara Z
Seller's Agent
Kim Wurster
BHGRE HAVEN PROPERTIES
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$740,000
Sold Price
$650,000
Premium/Discount to List
-$90,000
-12.16%
Current Estimated Value
$983,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,549
Avg. Annual Appreciation
7.52%
Original Mortgage
$487,500
Outstanding Balance
$432,566
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$550,983

Purchase Details

Closed on
Mar 27, 2003
Sold by
Bailey Patricia K and The Bruce B & Patricia K Baile
Bought by
Bailey Patricia K and The Bruce B & Patricia K Baile
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 G $650,000 First American Title Company
Bailey Patricia K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colpitts Guy G $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $650,000 -12.2% $184 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $740,000 -- $210 / 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 $7,748 $710,867 $328,093 $382,774
2024 $7,622 $696,929 $321,660 $375,269
2023 $7,622 $683,264 $315,353 $367,911
2022 $7,508 $669,868 $309,170 $360,698
2021 $7,380 $656,734 $303,108 $353,626
2020 $4,524 $403,898 $128,059 $275,839
2019 $3,570 $317,016 $71,322 $245,694
2018 $3,522 $310,801 $69,924 $240,877
2017 $3,311 $304,707 $68,553 $236,154
2016 $3,246 $298,733 $67,209 $231,524
2015 $3,234 $294,247 $66,200 $228,047
2014 $3,122 $288,484 $64,904 $223,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19192545

California Regional Multiple Listing Service (CRMLS)

APN: 009-755-036