NOT LISTED FOR SALE

247 Bridge St San Luis Obispo, CA 93401

Estimated Value: $1,525,000 - $1,601,000

4 Beds
3.5 Baths
2,314 Sq Ft
$671/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $957,743 $414 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,361/month

101 Days on Market

Highlights

  • Home Under Construction
  • City Lights View
  • Cul-De-Sac
  • Laguna Middle School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2016

New construction less than a mile to historic downtown San Luis Obispo restaurants, bars, and shopping. Leave your car in the garage, everything you need can be accessed by foot or pedal. Stunning architecture by the award winning firm of Garcia Architecture + Design. Clean lines and cutting edge design make this one of the most modern, and beautiful neighborhoods in SLO. Currently under construction, the Casona plan Lot 10 is a two story home offering four bedrooms, three and a half bathrooms and an open concept living area with a granny unit option. The roof top deck comes standard in this floorpan to enjoy mountain and city views. This Modern-Luxury home is currently under construction and anticipated to be completed in Summer of 2016, allowing the buyer to select finishes. All homes at Terraza include a 10 year home warranty and have a fiber optic internet connection.

Last Agent to Sell the Property

Andrea Soderin

Richardson Sotheby's International Realty License #01774160 Listed on: 03/12/2016

Richardson Sotheby's International Realty

Last Buyer's Agent

Andrea Soderin

Richardson Sotheby's International Realty License #01774160 Listed on: 03/12/2016

Richardson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,965

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • City Lights
  • Peek-A-Boo
  • Hills

Home Design

  • 2,314 Sq Ft Home
  • Home Under Construction
  • Flat Roof Shape
  • Slab Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Terraza Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,965

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Features: None

Interior Features

  • Living Area: 2314.00
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 413.89

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo, City Lights, Hills
  • Roof: Flat

Garage/Parking

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

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Name: Terraza
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 11223.00
  • Lot Size Acres: 0.2576

Multi Family

  • Lot Size Area: 11223.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2016
Closed on
Nov 4, 2016
Sold by
215 Bridge Street Llc
Bought by
Tower William A and Tower Justice
Seller's Agent
Andrea Soderin
Richardson Sotheby's International Realty
Buyer's Agent
Andrea Soderin
Richardson Sotheby's International Realty
List Price
$890,400
Sold Price
$957,743
Premium/Discount to List
$67,343
7.56%
Current Estimated Value
$1,535,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,384
Source: Public Records

Range of Values:

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Average Value
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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
Tower William A $958,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 215 Bridge Street Llc $640,000
Previous Owner 215 Bridge Street Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $957,743 +7.6% $414 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $890,400 0.0% $385 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
12/20/2015 12/20/15 For Sale $890,400 0.0% $385 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
12/08/2015 12/08/15 For Sale $890,400 -- $385 / 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 $11,965 $1,111,486 $533,866 $577,620
2024 $11,748 $1,089,694 $523,399 $566,295
2023 $11,748 $1,068,329 $513,137 $555,192
2022 $11,010 $1,047,382 $503,076 $544,306
2021 $10,833 $1,026,846 $493,212 $533,634
2020 $10,721 $1,016,318 $488,155 $528,163
2019 $10,609 $996,391 $478,584 $517,807
2018 $10,399 $976,854 $469,200 $507,654
2017 $10,194 $957,700 $460,000 $497,700
2016 $747 $69,649 $69,649 $0
2015 $735 $68,603 $68,603 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1061592

California Regional Multiple Listing Service (CRMLS)

APN: 004-812-010