NOT LISTED FOR SALE

2524 Spring St Paso Robles, CA 93446

Estimated Value: $742,449

0.52 Acre
$1,430,538 Price per Acre
22,608 Sq Ft Lot

Last Sold March 21, 2016

Last sale price $425,000

Est. 75% increase in value since last sale

Current estimated payment $4,339/month

273 Days on Market

Highlights

  • No HOA
  • Paso Robles High School Rated A-
  • Level Lot

About This Lot

As of March 2016

Great Downtown Spring Street Location. Level 1/2 Acre lot with loads of parking. Formerly a Fosters Freeze since 1952. The building is approx 1232 Sqf with an employee bathroom inside the main building plus a detached storage room and customer bathroom. Large grass area behind the main building. Currently leased to great tenants.

Last Agent to Sell the Property

Tom Girard

Pro Real Estate, Inc License #01302138 Listed on: 05/22/2015

Last Buyer's Agent

Byron Grant

Century 21 Masters-Arroyo Grande License #00985985

Century 21 Masters-Arroyo Grande

Property Details

Property Type

  • Land

Lot Details

  • 0.52 Acre Lot
  • Level Lot
  • Property is zoned COMSRV

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008121002

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Commerical/Industrial.
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: COMSRV
  • Property Type: Land
  • Parcel Number: 008121002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.81

Utilities

  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 22599.00
  • Lot Size Acres: 0.5190

Multi Family

  • Lot Size Area: 22599.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Feb 22, 2016
Sold by
Hawker Investments Corporation
Bought by
Frazier Raymond Earl
Seller's Agent
Tom Girard
Pro Real Estate, Inc
Buyer's Agent
Byron Grant
Century 21 Masters-Arroyo Grande
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%
Current Estimated Value
$742,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,449
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Jayroe Trevor C and Jayroe Christine A
Bought by
Hawker Investments Corp

Purchase Details

Closed on
Jul 27, 2007
Sold by
Tucker James R and Tucker Angela V
Bought by
Jayroe Trevor C and Jayroe Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 1999
Sold by
Lewin Robert L and Lewin Barbara J
Bought by
Tucker James R and Tucker Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
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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Purchase History

Date Buyer Sale Price Title Company
Frazier Raymond Earl $425,000 First American Title Company
Hawker Investments Corp -- None Available
Jayroe Trevor C $399,000 First American Title
Tucker James R $300,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jayroe Trevor C $337,500
Previous Owner Tucker James R $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $425,000 -14.1% --
02/19/2016 02/19/16 Pending -- -- --
05/22/2015 05/22/15 For Sale $495,000 -- --
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 $5,484 $503,108 $449,840 $53,268
2024 $5,394 $493,244 $441,020 $52,224
2023 $5,394 $483,573 $432,373 $51,200
2022 $5,314 $474,093 $423,896 $50,197
2021 $5,223 $464,798 $415,585 $49,213
2020 $5,152 $460,033 $411,324 $48,709
2019 $5,079 $451,013 $403,259 $47,754
2018 $5,010 $442,170 $395,352 $46,818
2017 $4,711 $433,500 $387,600 $45,900
2016 $3,961 $364,506 $321,014 $43,492
2015 $3,946 $359,032 $316,193 $42,839
2014 $4,627 $427,525 $321,449 $106,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1055435

California Regional Multiple Listing Service (CRMLS)

APN: 008-121-002