$637,500
SOLD SEP 25, 2015
-- Bed
-- Bath
1,200 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$531 Per Sq Ft

6% Below List Price

49 Days on Market

Highlights

  • Attached Guest House
  • Cooling Available
  • Ceiling Fan
  • Bishop's Peak Elementary School Rated A
  • Shed
  • Level Lot

About This Home

As of June 2024

Marketing Remarks: Well located duplex units and bonus room (possible third unit with separate entrance) near Cal Poly. Clean, functional, and always rented. Two storage sheds, off-street parking, and includes plans to build additional structure on the R4 section. Established, low maintenance landscaping with a rustic curb appeal. Great for student owner/occupant.

Last Agent to Sell the Property

Kevin Zepeda

Res Com Services License #01371903 Listed on: 06/26/2015

Last Buyer's Agent

Amy Gallagher

Century 21 Masters-Arroyo Grande License #01071563

Century 21 Masters-Arroyo Grande

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,029

Year Built

  • 1947

Lot Details

  • 4,500 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan

Parking

  • Parking Available
  • Private Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Shed
  • Attached Guest House

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 001073002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,029

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 001073002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Levels: Two
  • Price Per Square Foot: 531.25

Exterior Features

  • Foundation: Slab
  • Other Structures: Guest House Attached, Shed(s)
  • Roof: Tar/Gravel

Garage/Parking

  • Parking: Yes
  • Parking Features: Private, Street

Utilities

  • Heating Type: Wall Furnace
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Lot Size Area: 0.1000 Acres
  • Number Of Units Total: 2
  • Operating Expense: 5500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Jones Preston
Bought by
Abby Grande Llc
Total Days on Market
49
Current Estimated Value
$1,138,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$999,172
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$108,070

Purchase Details

Listed on
Jun 3, 2024
Closed on
Apr 29, 2024
Sold by
Brian And Nancy Kawahara Revocable Trust and Kawahara Brian I
Bought by
Jones Preston
Seller's Agent
Eric Kramp
BHGRE Haven Properties
Buyer's Agent
Kevin Zepeda
Res Com Services
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$825,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2017
Sold by
Kawahara Brian I and Kawahara Nancy E
Bought by
Kawahara Brian I and Kawahara Nancy E

Purchase Details

Listed on
Jun 26, 2015
Closed on
Aug 24, 2015
Sold by
Zepeda Kevin
Bought by
Kawahara Brian I and Kawahara Nancy E
Seller's Agent
Kevin Zepeda
Res Com Services
Buyer's Agent
Amy Gallagher
Century 21 Masters-Arroyo Grande
List Price
$679,000
Sold Price
$637,500
Premium/Discount to List
-$41,500
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$477,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Warneke Lillian L and Warneke Family Trust
Bought by
Zepeda Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,250
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Warneke Lillian L and Warneke Family Trust
Bought by
Warneke Lillian L and Survivors Trust Of The Warneke
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 Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed $1,100,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $637,500 Fidelity National Title Co
Grant Deed $555,000 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $825,000 New Conventional
Previous Owner $442,000 New Conventional
Previous Owner $477,500 New Conventional
Previous Owner $527,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $1,100,000 0.0% $917 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $1,100,000 +72.5% $917 / Sq Ft
09/25/2015 09/25/15 Sold $637,500 -6.1% $531 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $679,000 -- $566 / 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
2024 $8,029 $739,867 $464,232 $275,635
2023 $8,029 $725,361 $455,130 $270,231
2022 $7,526 $711,139 $446,206 $264,933
2021 $7,406 $697,196 $437,457 $259,739
2020 $7,330 $690,048 $432,972 $257,076
2019 $7,254 $676,519 $424,483 $252,036
2018 $7,112 $663,255 $416,160 $247,095
2017 $6,972 $650,250 $408,000 $242,250
2016 $6,836 $637,500 $400,000 $237,500
2015 $5,842 $545,000 $420,000 $125,000
2014 $4,372 $435,500 $335,000 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1056658

California Regional Multiple Listing Service (CRMLS)

APN: 001-073-002