NOT LISTED FOR SALE

251 Bridge St San Luis Obispo, CA 93401

Estimated Value: $1,077,000 - $1,465,000

3 Beds
2.5 Baths
2,118 Sq Ft
$612/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $915,000 $432 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,822/month

106 Days on Market

Highlights

  • Under Construction
  • Rooftop Deck
  • View of Hills
  • Laguna Middle School Rated A
  • Primary Bedroom Suite
  • Property is near a park

About This Home

As of August 2019

The Residences at Terraza is a unique new home community located is less than one mile from Downtown San Luis Obispo with access to fine dining, shopping, and entertainment. The Vista is a three bedroom, two and one half bathroom floorplan with approximately 2,118 square feet of living space with a 542 square foot attached two-car garage. The main living area is open concept, with a large patio situated off the dining area. A rooftop deck offers stunning views of Cerro San Luis. Nestled in the South Hills, enjoy hiking through the South Hills Preserve or local trails throughout the County. Terraza has no HOA, and offers low maintenance living, fiber speed internet, trash service. Rooftop decks are plumbed with gas and water hook-ups. Enjoy the striking architecture all while being centrally located to the beach, wineries, and most amenities in San Luis Obispo County.

Last Agent to Sell the Property

Andrea Soderin

Richardson Sotheby's International Realty License #01774160 Listed on: 04/23/2019

Richardson Sotheby's International Realty

Co-Listed By

Chris Richardson

Richardson Sotheby's International Realty License #01200458

Last Buyer's Agent

Tom McNeill

Janine Lamond, Broker License #01258245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,842

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 3,761

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Great Room with Fireplace
  • Views of Hills
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Rooftop Deck
  • Patio
  • Exterior Lighting

Additional Features

  • 3,761 Sq Ft Lot
  • Property is near a park
  • Central Heating

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 004812006

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,842

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 004812006
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2118.00 Square Feet
  • Interior Amenities: Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 432.01
  • Room Type: Great Room, Master Suite, Walk-In Pantry
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier, Slab
  • Exterior Features: Lighting
  • View: Hills
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 3761.00
  • Lot Size Acres: 0.0863

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3761.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Jansen/Devine 2005 Trust
Bought by
Kavanaugh Alexander Neumann
Current Estimated Value
$1,269,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Outstanding Balance
$675,029
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$534,034

Purchase Details

Listed on
Apr 23, 2019
Closed on
Aug 14, 2019
Sold by
215 Bridge Street Llc
Bought by
Jansen Allard W J and Devine Hannah Lee
Seller's Agent
Andrea Soderin
Richardson Sotheby's International Realty
Buyer's Agent
Tom McNeill
Janine Lamond, Broker
List Price
$925,000
Sold Price
$915,000
Premium/Discount to List
-$10,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
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
Kavanaugh Alexander Neumann $975,000 First American Title
Jansen Allard W J $915,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavanaugh Alexander Neumann $682,500
Previous Owner Jansen/Devine 2005 Trust $600,000
Previous Owner 215 Bridge Street Llc $735,000
Previous Owner 215 Bridge Street Llc $610,000
Previous Owner 215 Bridge Street Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $915,000 -1.1% $432 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $925,000 -- $437 / 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 $10,842 $994,500 $484,500 $510,000
2024 $10,646 $981,062 $482,490 $498,572
2023 $10,646 $961,827 $473,030 $488,797
2022 $9,979 $942,968 $463,755 $479,213
2021 $9,820 $924,479 $454,662 $469,817
2020 $9,720 $915,000 $450,000 $465,000
2019 $1,246 $116,168 $53,668 $62,500
2018 $564 $52,616 $52,616 $0
2017 $553 $51,585 $51,585 $0
2016 $542 $50,574 $50,574 $0
2015 $534 $49,815 $49,815 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19094196

California Regional Multiple Listing Service (CRMLS)

APN: 004-812-008