NOT LISTED FOR SALE

245 Olive St Paso Robles, CA 93446

Estimated Value: $538,000 - $658,000

2 Beds
1 Bath
950 Sq Ft
$614/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $360,000 $379 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,451/month

33 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • No HOA
  • Paso Robles High School Rated A-
  • Corner Lot
  • Front Porch

About This Home

As of June 2018

Vintage Westside Cottage on a Large Lot! This adorable early 1940's home is located just minutes from Downtown Paso Robles. This cottage features 2 bedrooms, 1 bath and a bonus room with it's own entry on a huge R3PD Lot! The zoning could offer potential for development or multi-unit opportunities, and should be investigated via the City of Paso Robles. Take a load off on the covered front porch and sip a glass of Paso Robles wine or snuggle up in the cozy living room with original wood floors. The kitchen and dining area have great natural light and a vintage feel. Another plus is an indoor laundry room off the hall. Outdoors, you'll find a detached one car garage with carport and a shed for your gardening pleasure. This could make a perfect little vacation rental to enjoy all that wine country has to offer!

Last Agent to Sell the Property

Maci Umbertis

RE/MAX Parkside Real Estate License #01784326 Listed on: 04/19/2018

RE/MAX Parkside Real Estate

Last Buyer's Agent

Michelle Brown

Merrill & Associates Real Estate License #01455656

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned R3PD

Parking

  • 1 Car Garage

Interior Spaces

  • 950 Sq Ft Home
  • Wood Flooring
  • Views of Woods
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009621001

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: PR City Limits West(120)
  • View: Yes
  • Zoning: R3PD
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 009621001
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 950.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 378.95
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Level
  • Lot Size Sq Ft: 7841.00

Multi Family

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

Tax Info

  • Tax Census Tract: 101.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Matsche Caroline Simone
Bought by
Betschart Brian R
Current Estimated Value
$583,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,800
Outstanding Balance
$365,646
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$218,023

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 25, 2018
Sold by
Morales Arthur and Morales Ana
Bought by
Matsche Caroline Simone
Seller's Agent
Maci Umbertis
RE/MAX Parkside Real Estate
Buyer's Agent
Michelle Brown
Merrill & Associates Real Estate
List Price
$395,000
Sold Price
$360,000
Premium/Discount to List
-$35,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2018
Sold by
Morales Arthur and Morales Ana
Bought by
Morales Arthur and Morales Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Wood Pearl L
Bought by
Morales Arthur and Morales Ana

Purchase Details

Closed on
Jan 12, 2012
Sold by
Morales Wayne M and Morales Sue G
Bought by
Wood Pearl L

Purchase Details

Closed on
Jun 7, 2011
Sold by
Wood Pearl L
Bought by
Morales Wayne M and Morales Sue G

Purchase Details

Closed on
May 9, 2011
Sold by
Wood Pearl L and Pearl L Wood Revocable Living
Bought by
Wood Pearl L

Purchase Details

Closed on
Dec 20, 2010
Sold by
Wood Pearl L and Pearl L Wood Trust
Bought by
Wood Pearl L and Pearl L Wood Revocable Living

Purchase Details

Closed on
Mar 16, 2001
Sold by
Wood Pearl L
Bought by
Wood Pearl L and Pearl L Wood Trust

Purchase Details

Closed on
Mar 3, 2000
Sold by
Wood Pearl L
Bought by
Wood Pearl L and The Pearl L Wood Trust

Purchase Details

Closed on
Aug 9, 1994
Sold by
Wood Pearl L
Bought by
The Pearl L Wood Trust
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
Betschart Brian R $424,000 Placer Title Company
Matsche Caroline Simone $360,000 Fidelity National Title Co
Morales Arthur -- None Available
Morales Arthur -- None Available
Wood Pearl L -- None Available
Morales Wayne M -- None Available
Wood Pearl L -- None Available
Wood Pearl L -- None Available
Wood Pearl L -- --
Wood Pearl L -- --
The Pearl L Wood Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betschart Brian R $402,800
Previous Owner Matsche Caroline Simone $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $360,000 -8.9% $379 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $395,000 -- $416 / 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 $4,826 $449,950 $238,771 $211,179
2024 $4,746 $441,129 $234,090 $207,039
2023 $4,746 $432,480 $229,500 $202,980
2022 $4,674 $424,000 $225,000 $199,000
2021 $4,174 $378,424 $289,074 $89,350
2020 $4,116 $374,544 $286,110 $88,434
2019 $4,057 $367,200 $280,500 $86,700
2018 $200 $17,648 $8,252 $9,396
2017 $188 $17,303 $8,091 $9,212
2016 $184 $16,965 $7,933 $9,032
2015 $184 $16,711 $7,814 $8,897
2014 $177 $16,384 $7,661 $8,723
Source: Public Records

Agents Affiliated with this Home

  • Maci Umbertis

    Seller's Agent in 2018

    Maci Umbertis

    RE/MAX

    (805) 610-3595

    235 Total Sales

    Maci Umbertis
    Section Image
  • Michelle Brown

    Buyer's Agent in 2018

    Michelle Brown

    Merrill & Associates Real Estate

    (805) 712-1949

    70 Total Sales

    Michelle Brown
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS18088077

California Regional Multiple Listing Service (CRMLS)

APN: 009-621-001

California San Luis Obispo County Paso Robles 93446

245 Olive St, Paso Robles, CA

Not Listed for Sale

Detached

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