NOT LISTED FOR SALE

2016 Summit Dr Paso Robles, CA 93446

Estimated Value: $965,000 - $1,057,000

4 Beds
2 Baths
2,349 Sq Ft
$437/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $655,876 $279 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,070/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • RV Access or Parking
  • Open Floorplan
  • Paso Robles High School Rated A-
  • Custom Home
  • Main Floor Bedroom

About This Home

As of August 2017

Gorgeous custom home in Paso Robles' Rolling Hills Estates. Mature landscaping sculpts a half-acre, sanctuary backyard with designer pool, hobby vineyard (zinfandel and syrah), roomy patio space and lighted arbors. Open, incredible floor plan with high ceilings, updated kitchen, spacious bedrooms, newer floors and paint. Large, private front yard, 3-car garage, and room to park an RV. Close to everything, yet completely private. Truly a dream home! Be sure to see the Virtual Tour link with many more photos.

Last Agent to Sell the Property

Wayne Lewis

RE/MAX Success License #01415985 Listed on: 06/19/2017

RE/MAX Success

Last Buyer's Agent

John Flanagan

John Flanagan, Broker License #01194986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Wrought Iron Fence
  • New Fence
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Custom Home
  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,349 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • See Through Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room with Fireplace
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Separate Shower

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 025363003

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: PR City Limits East(110)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 025363003
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2349.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Gas, See Through
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 279.21
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: New Condition, Wrought Iron
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Private, In Ground, Waterfall, Diving Board, Fenced, Heated
  • Pool Private: Yes
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Three Door, Garage Door Opener, RV Access/Parking, Off Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room, 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, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Patio Home, Paved, Sprinklers Drip System
  • Lot Size Sq Ft: 20000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 102.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2020
Sold by
Malvini Robert R and Malvini Gerri L
Bought by
Malvini Robert R and Malvini Gerri L
Current Estimated Value
$1,026,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,500
Outstanding Balance
$444,399
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$582,311

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jun 29, 2017
Sold by
Edmunson Ronald L and Edmunson Melissa Ann
Bought by
Malvini Robert R and Malvini Gerri L
Seller's Agent
Wayne Lewis
RE/MAX Success
Buyer's Agent
John Flanagan
John Flanagan, Broker
List Price
$655,000
Sold Price
$655,876
Premium/Discount to List
$876
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$524,700
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2010
Sold by
James Phillip and James Roberta
Bought by
Edmunson Ronald L and Edmunson Melissa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2005
Sold by
Parrish Beth A
Bought by
James Phillip and James Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2004
Sold by
King Scott A
Bought by
Parrish Beth A

Purchase Details

Closed on
Aug 21, 2002
Sold by
King Scott A and Parrish Beth A
Bought by
King Scott A and Parrish Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Ferrante Bruce A and Ferrante Debra S
Bought by
King Scott A and Parrish Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Rolling Hills Partners
Bought by
Ferrante Bruce A and Ferrante Debra S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Malvini Robert R -- Old Republic Title Company
Malvini Robert R -- Old Republic Title Company
Malvini Robert R $656,000 First American Title Company
Edmunson Ronald L $410,000 Fidelity National Title Co
James Phillip $645,000 Fidelity Title Company
Parrish Beth A -- Fidelity Title Company
King Scott A -- First American Title Co
King Scott A $364,000 First American Title
Ferrante Bruce A $46,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malvini Robert R $501,500
Closed Malvini Robert R $524,700
Previous Owner Edmunson Ronald L $328,000
Previous Owner James Phillip $445,000
Previous Owner King Scott A $277,000
Previous Owner King Scott A $275,000
Closed King Scott A $16,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2017 08/03/17 Sold $655,876 +0.1% $279 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $655,000 -- $279 / 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 $8,426 $746,183 $256,009 $490,174
2024 $8,285 $731,553 $250,990 $480,563
2023 $8,285 $717,210 $246,069 $471,141
2022 $8,146 $703,148 $241,245 $461,903
2021 $7,992 $689,362 $236,515 $452,847
2020 $7,883 $682,294 $234,090 $448,204
2019 $7,768 $668,916 $229,500 $439,416
2018 $7,666 $655,800 $225,000 $430,800
2017 $5,191 $456,002 $139,023 $316,979
2016 $5,093 $447,062 $136,298 $310,764
2015 $4,985 $440,348 $134,251 $306,097
2014 $4,817 $431,723 $131,622 $300,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS17138068

California Regional Multiple Listing Service (CRMLS)

APN: 025-363-003